Business

Gold and silver prices fell sharply this week as global investors reacted to growing optimism over a potential US-China trade agreement and a stronger US dollar, reducing demand for safe-haven assets. Gold Futures Drop on MCX On the Multi Commodity Exchange (MCX), gold futures for December...

Shriram Asset Management Company Ltd. (Shriram AMC) saw its stock rise by 11% today, reaching ₹494 on the BSE, after announcing a new funding of ₹105 crore. This investment came from Sanlam Emerging Markets (Mauritius) Ltd. (SEMM), which has now taken a 23% stake...

Dow Jones, S&P 500, and Nasdaq Rally on Tariff Pause The Dow Jones Industrial Average skyrocketed by more than 2,200 points, marking a 5.8% gain, after President Donald Trump announced a 90-day suspension on reciprocal tariffs affecting multiple countries. This development comes amid ongoing trade...

Jack in the Box, a well-known fast-food chain, plans to close 150 to 200 locations. This decision is part of a larger strategy to restructure the company amid declining sales and financial struggles. Restaurant Closures Aim to Cut Debt and Improve Cash Flow The company will...

Michael Barr, the top banking regulator at the US Federal Reserve, has announced his early resignation, citing the "risk of a dispute" as Washington prepares for a new administration under President-elect Donald Trump. Barr, who had previously called for stricter bank oversight after a...

Stellantis Takes the Lead in Super Bowl Advertising While most automakers sat out Super Bowl 59 due to industry uncertainty and cost-cutting measures, Stellantis, the parent company of Jeep and Ram, made a bold move by airing two commercials during the game. Chief Marketing Officer...

To assist Pakistani citizens planning to perform Hajj 2025, designated banks across the country will remain open on Saturday, November 30, and Sunday, December 1, 2024. This special arrangement will facilitate the submission of applications and the payment of dues for the Hajj pilgrimage....

The stock market saw a strong recovery on Friday, with the Dow Jones Industrial Average and other major indexes closing higher, though they trimmed gains from earlier in the day. A softer-than-expected inflation report provided optimism, while efforts continued to avert a partial government...

U.S. Stock Market PerformanceU.S. stocks reached new records on Tuesday, continuing a strong performance this year. The S&P 500 rose by 2 points, setting an all-time high for the 55th time in 2024. It has climbed in 10 of the last 11 days and...