People shop at a grocery store in Manhattan, New York City, on April 1, 2025. Spencer Platt | Getty Images Republicans’ “big beautiful” reconciliation package includes tax cuts that policy researchers have found primarily benefit the wealthy. To help pay for that, the legislation also includes “substantial” cuts to the Supplemental Nutrition Assistance Program, or … Read more
[ad_1] FMCG giant Hindustan Unilever Limited (HUL) on Thursday announced that Priya Nair will be appointed as Chief Executive Officer and Managing Director from August 1, 2025, onwards, succeeding Rohit Jawa. She will also join the HUL Board, subject to necessary approvals, and continue to be a member of the Unilever Leadership Executive, the company … Read more
Halfpoint Images | Moment | Getty Images President Donald Trump’s signature on his so-called “big beautiful bill” was a death blow for tax credits that lowered the cost of electric vehicles. Those tax credits — worth up to $7,500 and $4,000 for purchases of new and used EVs, respectively — won’t be available after Sept. … Read more
[ad_1] New Delhi: In a surprise move, Hindustan Unilever Ltd (HUL) on Thursday announced the appointment of Priya Nair as chief executive officer and managing director of the company. Nair is currently president, beauty & wellbeing, Unilever. Nair, whose appointment comes into effect from 1 August, succeeds Rohit Jawa, who spent two years as HUL’s … Read more
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
[ad_1] New Delhi, Jul 10 (PTI) The International Road Federation (IRF) on Thursday expressed concern over the collapse of a section of the Gambhira bridge in Gujarat, resulting in the loss of lives. The Geneva-based global road safety body stressed the need for regular monitoring and maintenance of bridges and other vital infrastructure in the … 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
[ad_1] Swiss private equity firm Partners Group is set to acquire a majority stake in shadow lender Infinity Fincorp for ₹1,950 crore ($230 million), the companies said on Thursday. The transaction includes a primary capital infusion of ₹600 crore ($70 million) and a secondary purchase of shares from existing shareholders, including Indium IV (Mauritius) Holdings, … 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
[ad_1] Linda Yaccarino stepped down as CEO of X on Thursday, marking the latest exit for top officials from businesses owned by Elon Musk amid increasing chaos in the billionaire’s political and professional lives. In a post on X, Yaccarino thanked Elon Musk for “transforming X into the Everything App”. “After two incredible years, I’ve … Read more
