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US stocks retreat ahead of Fed meeting
December 13, 2021 01:27 PM PST| 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...
Elon Musk lands Time magazine’s person of the year for 2021
December 13, 2021 11:27 AM PST| By Versha JainHighlights Elon Musk’s Tesla is the top player in the EV market and has around two-thirds of the market. In April 2021, SpaceX won a NASA contract to send US astronauts to the moon after 1972, for the first time. In 2018, Mr. Musk.....
US stocks close week flat after inflation report
December 10, 2021 01:09 PM PST| 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 05:14 AM PST| 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 01:38 PM PST| 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...
World News in Brief: Indian general dies in crash; Germany gets new chancellor
December 09, 2021 05:57 AM PST| By Team Kalkine MediaIndia’s first Chief of Defence Staff (CDS) and longest-serving four-star general Bipin Rawat, his wife Madhulika, among 12 others, died in a chopper crash in the southern state of Tamil Nadu on Wednesday. The Indian Air Force (IAF) is...
US stocks close in green for second day straight
December 08, 2021 02:08 PM PST| 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’s richest families got richer in 2021
December 08, 2021 01:33 PM PST| By Rupam RoyAs 2021 comes to an end, we explore the wealthiest families of 2021. These families own various businesses ranging from consumer, healthcare to finance companies. Johnson Family (SC) The Johnson (SC) family is the 25th richest family in the world.....
Holiday shipping deadlines for USPS, UPS & FedEx: All you need to know
December 08, 2021 10:28 AM PST| By Team Kalkine MediaHIghlights All major US parcel delivery service providers have released their respective deadlines for shipping packages and cards for Christmas and New Year. “Americans should feel confident sending their holiday cards, mail, and packag.....
World News in Brief: From Ukraine crisis, Beijing Olympics to Omicron
December 08, 2021 06:08 AM PST| 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 01:57 PM PST| 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...
US mulls swift, tough sanctions to deter Russia from invading Ukraine
December 07, 2021 12:44 PM PST| By Sanjeeb BaruahThe Biden administration is considering tough measures, including stopping the Nord Stream 2 gas pipeline project as leverage to deter Russia from invading its southwestern neighbour Ukraine. According to media reports, President Joe Biden on Tues.....
Kalkine Daily Brief: Top world news of the day
December 07, 2021 07:15 AM PST| By Team Kalkine MediaChipmaking giant Intel Corporation has announced that it would list shares of Mobileye, its Israel-based subsidiary that specializes in self-driving car technology, like camera systems for automated cars. Intel acquired the company in 2017. Samsun.....
China’s Evergrande hits 11-year low failing to repay creditors
December 06, 2021 09:49 PM PST| 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.....
Will the Wuhan-born coronavirus continue to impact our lives in 2022?
December 06, 2021 09:36 PM PST| By Kiara KhannaWhen will Covid-19 end? When will life come back to normal? Will we ever get rid of the masks and the fear that this pandemic has induced upon us in the last two years? There are numerable questions around coronavirus with no definite answer insight....
US markets rise, lifted by energy, industrial stocks
December 06, 2021 02:20 PM PST| By Versha JainBenchmark US indices closed higher on Monday, December 6, lifted by energy, industrial, and financial stocks as Omicron concerns faded. The S&P 500 surged 1.17% to 4,591.67. The Dow Jones rose 1.87% to 35,227.03. The NASDAQ Composite was up 0.93...
Airbnb rentals illegal in NYC if occupants stay less than 30 days
December 06, 2021 09:06 AM PST| By Rupam RoyHoliday rental company Airbnb Inc. braces for more troubles as regulators impose new rules. The San Francisco, California-based firm has been struggling amid numerous housing woes in the US. New York City has banned short-term Airbnb lodgings blam.....
Bitcoin recoils 18% after slipping to $42,000
December 05, 2021 10:12 PM AEDT| By AbhijeetHighlights Bitcoin has turned extremely turbulent in the recent sessions The crypto-asset bounced back sharply to $49,699 on Sunday On Saturday, the cryptos encountered massive selling pressure Bitcoin has turned extremely turbulent.....
Can Omicron cause more damage than other COVID-19 variants? the latest findings
December 05, 2021 12:42 AM AEDT| By AshishOmicron is the latest buzzword worldwide after the World Health Organisation (WHO) recently flagged coronavirus strain B.1.1.529 (Omicron). Based on the preliminary evidence, scientists at the WHO are of the view that the people who previously cont.....
Growing club of Indian executives running global tech giants
December 03, 2021 06:06 AM PST| By ManishaHighlights Indian-origin persons are holding the top-most posts at several global tech companies. The latest addition to the long list of Indian CEOs is Parag Agrawal, Twitter’s new CEO. Some other names continue to inspire many In.....
