Business News

Infosys founder NR Narayana Murthy has backed Donald Trump’s decision to appoint Tesla’s Elon Musk and Indian-American businessman Vivek Ramaswamy to lead a commission focused on streamlining government operations.  “Reducing government, reducing latency of action, reducing fat, reducing inefficiency—they are good, whether it’s America or India,” Murthy said, highlighting his belief in cutting inefficiencies across … Read more

Getty Images; BI Donald Trump’s presidential-election victory has fueled major moves in financial markets. Investors are anticipating tax cuts and looser regulation from Trump. Here are five charts that show how Trump’s win has affected markets. Donald Trump’s election victory immediately sent financial markets into a frenzy. Stocks soared to records on the prospect of … Read more

Nov. 15, 2024 7:50 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, XLE, LEU, DBO, UNG, FCG, TGS, USL, AE, SCO, USAU, UNL, BNO, LTBR, HNRG, CMCL, AMTX, BOIL, KOLD, GUSH, DRIP, BE, TPIC, USOI, DEC, INDO, CO1:COM, NG1:COM, LICY, AMPS, PPTA, OKLO, NPWRBy: Carl Surran, SA News Editor SlavkoSereda/iStock via Getty Images Crude … Read more

Economist Peter Morici breaks down what the national debt is, why it ballooned to more than $34 trillion and what it means for Americans. The U.S. national debt is climbing at a rapid pace and has shown no signs of slowing down, despite the growing criticism of massive levels of government spending. The national debt … Read more

Bradley E. Singer, a director at Sweetgreen, Inc. (NYSE:SG), recently sold a significant portion of his holdings in the company. According to a recent SEC filing, Singer sold 7,270 shares of Sweetgreen’s Class A Common Stock on November 13, 2024. The shares were sold at a weighted average price of $39.70, resulting in total proceeds … Read more

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Shale boss Chris Wright is the frontrunner to be Donald Trump’s energy secretary, a role which would put the oilman at the heart of the administration’s drive to loosen restrictions on the fossil … Read more

A man accused of stealing $44 million from a Detroit nonprofit group pleaded guilty Friday to financial crimes that stunned the organization and forced some delays in a major riverfront project. For years, William Smith controlled the money at the Detroit Riverfront Conservancy, which is transforming miles of shore along the Detroit River into recreation space, with plazas, pavilions … Read more

The economy is estimated to have grown at a slower pace in the second quarter of the current fiscal (Q2FY25) with analysts pegging GDP growth at 6.5% to 6.8% in the quarter. High frequency indicators registered slower than anticipated growth in the July to September 2024 quarter suggesting lower demand and leading to the expectation … Read more

Thomasville Bancshares  raises dividend by 15% to $1.25/share