After reporting growth in regional manufacturing activity in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing a significant downturn in activity in the
Continue reading »Banking liquidity deficit highest in over 3 years
The banking system neared Rs 1.47 trillion of liquidity deficit on Monday, the highest since January 29, 2020, when the banking system liquidity deficit went up to Rs 3 trillion.
Continue reading »Over Rs 7,000 crore IPOs on launchpad as Nifty50 crosses 20,000 mark
With the Nifty50 surging past the 20,000 mark, the markets are experiencing a spate of initial public offerings (IPOs) with four issues set to raise over Rs 4,673 crore this
Continue reading »Nobu Malibu Sued By Second Woman For Sexual Harassment
A second woman has come forward to sue celebrity hotspot Nobu Malibu over alleged sexual harassment and other actions by managers and customers. A woman identified only as Jayne Doe
Continue reading »Boeing Sees China Needing 8,560 New Commercial Airplanes In 20 Years
Aerospace major Boeing projects that China will need 8,560 new commercial airplanes through 2042, and that the country will also account for 20 percent of the world’s airplane deliveries in
Continue reading »CDC Recommends Updated Pfizer, Moderna COVID-19 Vaccine
The Centers for Disease Control and Prevention or CDC has recommended everyone 6 months and older to get an updated COVID-19 vaccine ahead of the virus season this fall and
Continue reading »FDA Warns CVS Health, Walgreens Against Unapproved Eye Products
The U.S. Food and Drug Administration has warned eight companies including CVS Health and Walgreens Boots Alliance, Inc. against manufacturing or marketing unapproved ophthalmic drug products in violation of federal
Continue reading »Max Adding Live Sports Tier; $10 Monthly Service Will Be Included At No Charge For Existing Subscribers Through Next February
Making good on years of promises by the corporate overseers of Turner Sports, Warner Bros. Discovery is adding a live sports tier to Max. The streaming add-on, which will carry
Continue reading »Asian Shares Mixed As Investors Await U.S. Inflation Data
Asian stocks ended mixed on Tuesday as investors awaited Wednesday’s key U.S. inflation data that could influence the Federal Reserve’s interest rate trajectory. The dollar reversed some of the previous
Continue reading »Joe Biden, At Broadway Fundraising Concert, Addresses Concerns About His Age, Slams Donald Trump As Out To “Destroy American Democracy”
Major stage and musical performers showed for Joe Biden’s reelection campaign Monday, with a Broadway for Biden fundraiser in which the president quipped about his age but also put the
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