These days, it’s common for parents to give their adult children some financial support. But it wouldn’t take a lot to be considered independent. About three-quarters, or 76%, of Americans say that coming off a parent’s cell phone plan is one of the “ultimate signs” of adulthood, according to a recent survey of over 2,000 … Read more
Americans are tightening their belts, as concerns about tariffs, inflation, job security and market volatility have prompted many consumers to pare back their spending and increase their savings, financial experts say. The U.S. personal saving rate — the percentage of disposable income that U.S. households save, after they pay taxes and spend money — has … Read more
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching and what’s on the radar for the next session. The Nasdaq Composite The tech-heavy Nasdaq … Read more
In keeping with Exxaro Tiles Ltd’s upward growth trajectory, there have been noteworthy developments pertaining to its performance. Capitalising on premium products continues to be one of its key strategic priorities. In line with this, its most recent milestone has been the new order worth Rs 35-40 crore, which the company bagged from big size … Read more
Markets regulator Sebi has ordered the attachment of bank accounts as well as shares and mutual fund holdings of Dheeraj Wadhawan and Kapil Wadhawan, the former promoters of Dewan Housing Finance Corp Ltd (DHFL), to recover dues totalling over Rs 22 lakh. This came after the brothers failed to pay the fine imposed on them … Read more
It’s a tough time if you believe in following historical seasonal indicators for the stock market. Since 1950, April is the second best month for the S & P 500 (up an average 1.5%), and the best month for the Dow Industrials (up an average 1.8%), according to the Stock Trader’s Almanac . That hasn’t … Read more
A spate of federal immigration enforcement raids from Los Angeles to New York has sparked demonstrations and rallies around the country, leading to mass arrests and National Guard deployment. The U.S. Immigration and Customs Enforcement crackdown has heightened concerns of foreign-born residents, especially undocumented immigrants and their families, about how they should prepare for worst-case … Read more
Are schools, colleges, markets and shops closed in Jammu & Kashmir (J&K) post Pahalgam terror attack? Yes, J&K is shutting down today, April 23. Business chambers, trade associations, transporters, students, and civil society organisations have all joined forces to call for the closure, which is known as the Kashmir Bandh and the Jammu Bandh. “On … Read more
Americans are saving more money — and for some, the change in habit comes down to how they feel about the economy. More than 4 out of 10 Americans, or 44%, say they’ve engaged in so-called vibe-based budgeting, according to a new survey by Intuit Credit Karma. In other words, they have adjusted their financial … Read more
Republican presidential nominee former President Donald Trump speaks at a campaign rally in Asheville, N.C., Wednesday, Aug. 14, 2024. Matt Rourke | AP The Social Security Administration sent what experts say is a misleading email to consumers last week, describing President Donald Trump’s “one big beautiful bill” as “long-awaited tax relief to millions of older … Read more
