World news
US stocks rally after economic data
October 28, 2021 02:33 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, October 28, after the latest economic data showed jobless benefits claims dropped to the lowest level since March last year. The S&P 500 rose 0.98% to 4,596.42. The Dow Jones was up 0.68% to 35,730...
Stripe bets big on carbon-capture, offers US$1 mn reward for achievers
October 28, 2021 01:10 PM PDT| By Sanjeeb BaruahHighlights Stripe Inc. is partnering with Deep Science Ventures (DSV) to fund up to US$500,000 for each carbon-capture startup of DSV scientists. Stripe has committed US$9.0 million to various carbon-removal projects. The fintech company.....
Shiba Inu continues its astronomical surge despite the snub by Musk
October 27, 2021 10:48 PM PDT| By Jasmine AnandHighlightd Meme crypto Shiba Inu soars to an all-time high in spite of a recent snub by renowned Dogecoin lover, Elon Musk. The token further reached new heights with an online petition being signed asking Robinhood to offer trading of th.....
Will Tesla resume cryptocurrency transactions?
October 27, 2021 07:28 PM PDT| By Toshiva JainElon musk is the ultimate influencer in the cryptocurrency market. The company’s decisions, Musk’s tweets have had some significant impact on the cryptocurrency world. However, with all the ups and downs, there is latest indication that.....
US stocks close mixed as investors track earnings data
October 27, 2021 03:34 PM PDT| By Sanjeeb BaruahBenchmark US indices closed mixed on Wednesday, October 27, as investors delved into companies' quarterly earnings and sought to catch up with their latest developments. The S&P 500 was down 0.51% to 4,551.68. The Dow Jones fell 0.74% to 35,490....
China is going broke!
October 27, 2021 02:57 AM PDT| By Kiara KhannaPanic is a buzzword in the Chinese markets these days. It all started with Evergrande and seemed to have no end sight. Major Chinese real estate players have reported being unable to pay back their debts. Sinic Holdings, Modern Land, China Properties...
Which are the top cryptocurrency performers during mid-week?
October 26, 2021 10:49 PM PDT| By Jasmine AnandHighlights The global crypto market has been a witness to strong rallies among major cryptocurrencies. While on Monday, almost all the popular cryptos soared high. at mid-week, the excitement has eased out but not vanished. Solana, Shiba Inu, .....
Meet 2021’s richest women in the world
October 26, 2021 08:53 PM PDT| By Toshiva JainEvery year Forbes releases its exclusive list of the world’s richest women in the world. This year’s list is all the more remarkable due to multiple reasons. 2021 is celebrating about 36% more women than the previous year: so the curren.....
US markets scale fresh highs on upbeat earnings, housing data
October 26, 2021 02:32 PM PDT| By Sanjeeb BaruahS&P 500 and Dow Jones closed at record highs for the second consecutive day on Tuesday, October 26, while Nasdaq rallied as quarterly results kept the markets in high spirits. The S&P was up 0.18% to 4,574.79. The Dow Jones Industrial Averag...
Biden orders lifting covid travel restrictions, clamps new rules
October 26, 2021 08:21 AM PDT| By Team Kalkine MediaHighlights Biden said the earlier rules for country-by-country restrictions are no longer needed. The US imposed extraordinary travel restrictions in 2020 to stop the spread of Covid-19. The decree further states that travellers from some 50 s.....
What are GMR Finance cryptocurrency tokens?
October 25, 2021 11:01 PM PDT| By Jasmine AnandHighlights GMR crypto was developed as a gaming crypto, with an idea to bring the global gaming community together with its in-house token. Its token holders are rewarded with royalty for staking the token for longer periods. Owing to bearish .....
To the moon and back: NASA shares an update on the launch of Artemis I
October 25, 2021 10:45 PM PDT| By Sonal GoyalHighlights NASA’s plan to launch the test flight of Artemis I has been shifted to February 2022. Artemis I aims at sending humans to the moon to establish a sustainable and long-term presence of humans in their nearest neighbour. I.....
Tesla’s market value surpasses US$1 Tr on Hertz EV orders
October 25, 2021 05:42 PM PDT| By Sanjeeb BaruahHighlights Hertz Global Holdings (OTCPK: HTZZ) stock jumped after it announced plans to order 100,000 Tesla electric vehicles to expand its rental car fleet. According to Dow Jones Market Data, it took less than two years for Tesla to grow.....
S&P, Dow Jones climb to fresh highs ahead of big tech earnings
October 25, 2021 02:43 PM PDT| By Sanjeeb BaruahThe S&P 500 Index and Dow Jones closed at record highs on Monday, October 25, ahead of quarterly earnings of big technology companies like Apple, Amazon, and Alphabet this week. The S&P was up 0.47% to 4,566.48. The Dow Jones rose 0.18% to 3...
Facebook to fuel more unrest, lionized startup culture: Whistleblower
October 25, 2021 11:59 AM PDT| By Sanjeeb BaruahHighlights Appearing before a UK parliamentary committee, whistleblower Frances Haugen said that Facebook saw safety as a cost center and made hate "unquestionably" worse. Haugen cited the examples of Myanmar and Ethiopia to underscore her clai.....
Here’s how the unemployment dynamics changed in the pandemic
October 24, 2021 12:48 AM PDT| By Sukriti NairGlobally, economies are facing various challenges. Unemployment is the one of the significant one. To curb them, various initiatives are on. Governments are making special budgets for jobless claims. Some are trying their best to create jobs. Howev.....
Saudi Aramco to achieve net zero emissions by 2060
October 23, 2021 10:23 PM PDT| By Sukriti NairSaudi Arabian energy giant Saudi Aramco has set its net zero emissions target to 2060. On Saturday, Aramco chief Amin Nasser declared that the energy major aims to reduce emissions from operations by 2050. The news was shared at the Saudi Green Ini.....
World’s COVID-19 vaccine story till now
October 23, 2021 08:41 PM PDT| By Sukriti NairSoon it will be two years since COVID-19 began. And, yet, the pandemic has still not ended. However, global endeavors to create an effective COVID-19 vaccine are bearing fruit. It's not just the rollout of a vaccine but increasi.....
7 financial lessons from Netflix’s Squid Game
October 23, 2021 06:03 AM PDT| By Sukriti NairCOVID-19 pandemic has dramatically worsened life for the world's poor. The money crisis is whiplashing developing nations. People have taken loads of 'survival' debt, and hopes of life-changing money have made them prone to financial fraud. Thus, u.....
A look at Tesla’s Journey in 2021 and beyond
October 22, 2021 07:43 AM PDT| By SamtaHighlights Tesla booked total revenue of US$13.75 billion, up 57% on year-over-year basis. Analysts predict price target of US$1,000 for Tesla. Despite a list of problems ranging from legal issues to supply chain constraints, the company.....