Aggregate revenue of 182 companies that have declared first quarter results so far showed a marginal improvement to rise 5.4% year-on-year (y-o-y), a Mint analysis showed. Net profits, however, zoomed 23%, as raw material costs fell 14% over the year, the steepest decline in eight quarters. Raw material costs were also 15% lower than in … Read more
Business and households supplied by the largest US grid will pay $16.1 billion to ensure there is enough electricity supply to meet soaring power demand, including that from a massive buildout in AI data centers. The payouts to generators for the year starting June 2026 topped last year’s record $14.7 billion, according to PJM Interconnection … Read more
Kate_sept2004 | E+ | Getty Images Long-term care can be costly, extending well beyond $100,000. Yet, financial advisors say many households aren’t prepared to manage the expense. “People don’t plan for it in advance,” said Carolyn McClanahan, a physician and certified financial planner based in Jacksonville, Florida. “It’s a huge problem.” Over half, 57%, of … Read more
