World news
US markets close mixed, dragged down by tech, healthcare stocks
December 28, 2021 09:21 PM GMT| By Versha JainBenchmark US indices closed mixed on Tuesday, December 28, dragged down by technology and healthcare stocks amid rising oil prices. The S&P 500 fell 0.10% to 4,786.35. The Dow Jones rose 0.26% to 36,398.21. The NASDAQ Composite fell 0.56% to 15,...
10 biggest scientific breakthroughs in 2021
December 25, 2021 01:52 PM GMT| By Sanjeeb BaruahHighlights Researchers have made a ground-breaking discovery that can help people with paralysis to control their robotic limbs and wheelchair just by thinking about moving their bodies. On Nov 21, NASA’s Parker Solar Probe completed a re.....
US stocks rally ahead of holidays, consumer spending up
December 23, 2021 10:33 PM GMT| By Versha JainBenchmark US indices closed in the green on Thursday, Dec 23, lifted by basic materials and industrial stocks amid a buoyant trading session as Christmas and New Year holidays approach. The S&P 500 climbed 0.62% to 4,725.79. The Dow Jones rose 0...
US stocks edge higher as Omicron fears fizzle
December 22, 2021 09:55 PM GMT| By Rupam RoyUS stocks rallied for the second consecutive day on Wednesday, December 22, helping the indices close higher after a South African government report said Omicron is weaker than the Delta variant. The S&P 500 was up 1.02% to 4,696.56. The Dow Jon...
TikTok partners with Virtual Dining Concepts to start food business
December 20, 2021 06:45 AM GMT| By Priyanka PayalHighlights TikTok has unveiled its plans to get into the restaurant business. Last week, TikTok partnered with Virtual Dining Concepts to kick-off delivery only TikTok Kitchen. Virtual Dining Concepts has successfully encouraged celebrit.....
Any ray of hope amid the contagious Omicron spread?
December 19, 2021 04:37 AM GMT| By Jasmine AnandHighlights Omicron, the more contagious Covid-19 variant than any of its earlier versions, poses a lower risk to most individuals, reveal preliminary studies Chances of the need for hospitalisation if one ever gets infected by this variant, is .....
US stocks edge lower on interest rate worries
December 17, 2021 08:29 PM GMT| By Rupam RoyBenchmark US indices drifted on Friday, December 17, after the market participants have evaluated the potential effect of the policy shifts by the world's largest central banks. The S&P 500 was down 0.87% to 4,628.25. The Dow Jones Industrial Av...
Five lessons for CEOs from Better .com episode
December 17, 2021 01:05 PM GMT| By Manisha“The right mortgage could save you thousands,” says Better.com. However, recent episode at the digital mortgage firm ascertains that one wrong move, especially if recorded, is enough to cause irreparable damage. Better.com Chief Execut.....
US stocks close lower led by tech and consumer stocks
December 16, 2021 09:25 PM GMT| By Versha JainBenchmark US indices closed in red on Thursday, December 16, driven by technology stock and Consumer stocks. Covid-19 remained a concern for investors amid global cues. The S&P 500 declined 0.87% to 4,668.67. The Dow Jones decreased 0.08% to 35,...
US stocks rally after Fed's tapering decision
December 15, 2021 09:30 PM GMT| By Rupam RoyBenchmark US indices edged higher on Wednesday, December 15, after Federal Reserve has approved plans to accelerate the winding down of its asset-buying program. Meanwhile, the move to curb inflation paved a way for hikes in interest rates through ne...
Keep an eye on these NASDAQ stocks in 2022
December 15, 2021 10:29 AM GMT| By AayushHighlights The MSCI World Index has delivered a return of 22.31% for the one-year period ending 30 November 2021. A 40-year high inflation in the US and the emergence of the Omicron variant are concerns for investors. ABNB, DDOG, HRMY, etc., a.....
Apple hits US$3 Trillion milestone; US stocks slip on a consecutive day
December 14, 2021 09:09 PM GMT| By Versha JainBenchmark US indices continued retreating on Tuesday, December 14, ahead of Federal Reserve’s policy decision on Wednesday after a two-day meeting. The central bank is expected to wind down the bond purchase faster than anticipated next year.&n...
US stocks retreat ahead of Fed meeting
December 13, 2021 09:27 PM GMT| By Rupam RoyBenchmark US indices drifted on Monday, December 13, as investors stayed away from the risky bets ahead of the Fed's two-day policy meeting starting Tuesday, December 14. In addition, worries over the Omicron coronavirus variant have also raised inve...
US stocks close week flat after inflation report
December 10, 2021 09:09 PM GMT| By Versha JainBenchmark US indices wrapped up the last day of the trading week flat on Friday, December 10, after the latest economic data showed inflation rose to a nearly 40-year high. The S&P 500 climbed 0.96% to 4,712.05. The Dow Jones increased 0.61% to...
All about the new Instagram ‘Take a Break’ feature
December 10, 2021 01:14 PM GMT| By Kiara KhannaAs parents, we are continuously trying to come up with innovative ways to reduce screen time for our kids. But, in this new normal where we ourselves are glued to screens, it is becoming difficult to keep our children away from it. Instagram is one...
US stocks slip after Omicron restrictions, jobs data
December 09, 2021 09:38 PM GMT| By Versha JainBenchmark US indices slipped into the red on Thursday, December 9, after countries enforced new travel restrictions on Omicron concerns and jobless benefits claims fell to a record low last week. The S&P 500 slipped 0.72% to 4,667.45. The Dow Jo...
US stocks close in green for second day straight
December 08, 2021 10:08 PM GMT| By Rupam RoyBenchmark US indices closed higher on Wednesday, December 8, after the latest economic data showed job openings increased in October, but labor shortage continued. The S&P 500 was up 0.31% to 4,701.20. The Dow Jones rose 0.10% to 35,754.75. The...
World News in Brief: From Ukraine crisis, Beijing Olympics to Omicron
December 08, 2021 02:08 PM GMT| By Team Kalkine MediaUS-Russia talks on Ukraine US President Joe Biden held a two-hour virtual meeting with his Russian counterpart Vladimir Putin to discuss Ukraine. Russia’s troop deployment on its border with Ukraine has raised tension. The US intelligence comm...
US markets close higher, turbocharged by tech, energy stocks
December 07, 2021 09:57 PM GMT| By Versha JainBenchmark US indices closed higher on Tuesday, December 7, lifted by technology, energy, and consumer discretionary stocks in a turbocharged trading session. The S&P 500 was up 2.07% to 4,686.75. The Dow Jones rose 1.40% to 35,719.43. The NASDAQ...
China’s Evergrande hits 11-year low failing to repay creditors
December 07, 2021 05:49 AM GMT| By SamtaHighlights Chinese real estate firm Evergrande Group fails to repay creditors. Evergrande shares fell 20% on Monday after the Company announced it cannot guarantee enough funds to meet its financial obligations. The ailing Chinese develo.....