Republican U.S. vice presidential candidate JD Vance expressed his support for Donald Trump’s assertion that presidents should have a say in Federal Reserve Board policy-making. Vance believes that monetary policy decisions, including interest-rate moves, should be considered “political” decisions. He emphasized the importance of the country’s elected leaders having input regarding crucial decisions that impact
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In response to the allegations made by US-based shortseller Hindenburg Research, India’s markets regulator, SEBI, issued a statement urging investors to remain calm and conduct proper due diligence before reacting. The allegations pertained to SEBI’s head, Madhabi Puri Buch, and her previous investments in offshore funds associated with the Adani Group. SEBI revealed that the
In the midst of the latest global market volatility, China has emerged as a distinct market with a certain level of resilience. While other major markets such as the U.S. and Japan have experienced significant fluctuations, Chinese stocks have managed to weather the storm relatively well. The Shanghai composite was down by 1.5%, and the
In today’s market, restaurant CEOs are prioritizing the concept of “value” as a means to address declining sales and attract customers. Companies like McDonald’s, Yum Brands, Papa John’s, Burger King, and others have been heavily emphasizing “value” in their recent conference calls and strategic approaches. In a time where food prices have risen significantly, restaurants
Disney California Adventure is making big moves with the addition of a new ‘Avatar’ experience based on the second film in the franchise, “Avatar: The Way of Water.” This new attraction will surely draw in fans of the series and offer a unique experience at the theme park. Disneyland’s 70th Anniversary In honor of Disneyland’s
During a recent campaign stop in Nevada, U.S. Vice President Kamala Harris reiterated her commitment to supporting working families by pledging to eliminate taxes on tips. This move was seen as an effort to win over service workers in the state, a crucial constituency that can sway the outcome of the upcoming presidential election. Harris,
Sony and Wayfarer Studios’ It Ends with Us has not only been dominating the domestic box office, but it has also made a significant impact on the international market. The film, starring Blake Lively, has already grossed $13.3M in just 42 markets, with a projected weekend debut of $27M-$30M. This puts the film on track
Federal Reserve Governor Michelle Bowman recently delivered remarks that deviated slightly from her usual hawkish tone. She acknowledged some progress in inflation in the past few months, which she deemed “welcome.” Despite this progress, she stressed that inflation remains “uncomfortably above” the central bank’s 2% target and is still susceptible to upside risks. Call for
Mahindra & Mahindra’s collaboration with China’s Shaanxi Automobile Group to establish a $3 billion joint venture to build a car manufacturing plant in India is a significant development in the automotive industry. The majority ownership by Mahindra and the location in Prime Minister Narendra Modi’s home state of Gujarat indicate strategic decision-making and potential benefits
The tech industry suffered a great loss with the passing of former YouTube CEO Susan Wojcicki at the age of 56. Wojcicki, who also played a significant role in Google’s early days, was a trailblazer for women in Silicon Valley. She led YouTube for almost a decade, making her one of the few female CEOs