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Why India Will Become the World's Next Economic Superpower

Amid the global discourse on emerging economic powerhouses, India's trajectory is drawing keen interest from observers worldwide. With a narrative often shadowed by the colossal growth story of China, India's economic journey presents a compelling case for its potential ascendancy to superpower status.

January 1 Brings Raise Day for Millions Across the US

A new study suggests that the implementation of higher minimum wages across 22 states on January 1 will benefit over 10 million workers economically.

US and China Debt Woes Could Shake Up Global Ratings in 2024

The year 2024 may mark significant changes in several sovereign credit ratings due to the U.S. and China being on downgrade alerts, Turkey expecting to receive an upgrade after a ten-year hiatus, Israel facing its first drop, and more than fifty elections to be managed.

US Stocks Navigate Uncertainty as $5 Trillion Options Hang in the Balance

Market participants indicated that dealers squaring their books ahead of what is expected to be the largest-ever options expiry for S&P 500-linked derivatives may be assisting in minimizing volatility in U.S. equities.

High-Priced Prescription Drugs Face Patent Revocation Threat from White House

The Biden administration is putting pharmaceutical corporations on notice, telling them that if the price of some pharmaceuticals becomes too high, the government may revoke their patent protection, allowing competitors to produce their own copies.

New Poll Shows More Than 57% Americans Are Not Tipping Enough

According to a recent survey, a large number of Americans undertip their waiters.

$3 Per Gallon Gasoline in the US Could Happen, Due to Texas Snowmageddon

Due to the chilling nights that are currently happening in the central coast, the national prices for gasoline could be affected, as high as $3 per gallon.

[REPORT] Mike Pence 'Cheap' Restaurant Tip: How Much Should You Give Waiters?

Vice President Mike Pence is now on-fire on social media over an alleged restaurant $45 bill, with VP only giving out $5 tip for the waiter. How much should Americans give to waiters?

US oil output set to break records in 2018

The EIA has ramped up its US forecasts and predicts daily domestic oil output of 9.2 million barrels for this year and 9.7 million barrels in 2018.

Puerto Rico in troubled waters, stalls debt payments to provide essential services

Puerto Rico has run into deep economic crisis, with its fiscal agent, the Government Development Bank, running out of reserves to cover even essential services. The government is tilting towards holding on to its debt repayments to sustain the island as a going concern, but their plea to creditors and the Congress to bail them out of the crisis is met with resistance on both fronts.

GM going for ignition switch trial in January

General motors will go to trial on January 11 in the case of defective ignition switches after the company a US judge rejected automakers bid to bellwether case.

Apple May Face Tax Evasion Charges Again in the US After Italy

Apple Inc. is believed to tatter while confronting series of accusations for illegal tax dodging. Agreement for payment of unpaid tax liability in Italy establishes the event of tax dodging through amassing wealth in Ireland for its lower corporate tax rate. Now US tax authority’s claim for intended fund holding in a bid to evade tax may get huge momentum.

Orders from Obama Administration: The Colorado Marijuana Lawsuit Rejected by the Supreme Court

Obama administration supports Colorado and asks Supreme Court to reject the neighboring state pleas. The marijuana legalization is supported by the Obama administration in this case.

Major U.S. Banks Raise Prime Rates After Federal Reserve Hike

Major U.S. banks raised their prime rates, a benchmark for a wide range of consumer and commercial loans, for the first time since 2006 on Wednesday, following a rate hike from the Federal Reserve. While the Fed has no direct influence on the prime rate, it is typically closely correlated to changes in the target federal funds rate.

Talks about U.S. confiscated property in Cuba begins

Faced with sorting out nearly six decades of financial claims and counterclaims against one another that run into the hundreds of billions of dollars, diplomats from the United States and Cuba resorted on Tuesday over one of the most contentious issues remaining between the two countries. The two sides are sitting down for the first time to discuss the American properties Cuba confiscated decades ago.

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Latest Stories

Goldman Sachs Targets Private Equity After Credit Suisse Shakeup

In an attempt to fill the hole left by unrest at regional banks and the sale of Credit Suisse, American investment bank Goldman Sachs is pushing its way into the lending market for asset managers and private equity.

Tight Grad Market? Here's How to Get Hired (On a Budget!)

A survey from the National Association of Colleges and Employers states that employers intend to recruit 5.8% fewer recent college graduates from this year's class than they did from the class of 2023.

Build Lasting Wealth with These Expert-Backed Passive Income Idea

There are still some proven passive income techniques available that yield positive results.

Dow Unexpectedly Soars to 40,000, Marking the Highest for Wall Street

The Dow just reached 40,000 for the first time, marking the latest high point in an unexpectedly successful year for Wall Street.

Sustainable Investing Made Easy: Low-Cost ESG Fund Options for May 2024

Regular investors continue to desire ESG funds, despite some opponents labeling them as "woke" investing. These funds consider a portfolio's firms' financial fundamentals in addition to their environmental, social, and governance considerations.

Must Read

Walmart Stock Up by 7%, Forecast Hints at Continued Buying Power

In accordance with prior comments made by one of its major suppliers and a competitor retailer, Walmart's optimistic outlook for the retail industry on Thursday indicated a solid consumer base in the United States.

Brothers Arrested After Planning to Steal $25M in Cryptocurrencies from Ethereum Blockchain

According to a recently released indictment, two brothers from New York and Boston were placed under federal arrest on Tuesday.

Don’t Sweat the Bills: Resources to Help You Pay for Utilities

The most recent data from the Consumer Price Index shows that, from March 2023 to March 2024, the index for electricity increased by 5%, which is more than economists would want to see. (Electricity rates increased by 0.9% from February to March 2024.)

Social Security 2025: Cost-of-Living-Adjustment Increased to 3.2%, But Will It Keep Up?

After the government announced that April inflation was in line with experts' predictions, the most recent estimate of Social Security's cost-of-living adjustment 2025 increased to 3.2%, according to new figures released on Wednesday.

Real Estate Not Stocks Give the Greatest Long-Term Investment, Survey Shows

According to a recent Gallup poll, even though the majority of Americans have money stashed away in the stock market, they don't think it makes the greatest long-term investment. What then is it?

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