Business News

On September 30, the Monetary Policy Committee (MPC) upped the repo rate by 50 basis points (bps), bringing it to 5.90%.

India has emerged as a leading global player in the Web3 market, a new report by Nasscom states. Web3 investments in the country grew 37 times from the start of 2020 to Q1 2022 and $1.1 trillion in Web3 economic value is...

Cocaine, long popular among New York professionals, is now often tainted with fentanyl, catching users unprepared and driving drug fatalities. In New York City, 81% of cocaine deaths in 2020 involved fentanyl.

All-inclusive vacations have not caught on with Americans in the same way they have overseas. Iconic French travel brand Club Med wants to change that. Carolyne Doyon, president and CEO of Club Med North America and th...

President Joe Biden's warning comes as stubborn inflation and the economy top voters' concerns, helping Republicans in the November midterm elections.      

A number of finance chiefs at some of the country's biggest companies have left their jobs in recent weeks, an exodus that comes amid the pressures that high inflation and the Covid-19 pandemic have had on corporate bala...

A lakefront mansion in Lake Geneva sold for $17 million -- the second-highest amount anyone ever has paid for a home in Lake Geneva

New U.S. export restrictions are targeting areas including semiconductor design and essential manufacturing equipment.

These developments seemingly suggest that Iran's arms industry is on the cusp of boom time. However, it could also signify desperation on Tehran's part.

The Tesla CEO is worth about $209 billion, according to Forbes, after shares in his electric car maker hit the skids following his Twitter deal.

The top three countries contributing to the Bitcoin hash rate continue to eat away the share of other players, such as Malaysia, Germany and Iran.

Early earnings reports for the September quarter show that profit margins are feeling the squeeze as costs are rising and consumer appetite for some products has waned.

So far in the third-quarter earnings-reporting season, fewer companies than usual are beating Wall Street's expectations.

Bitcoin’s volatility has fallen below that of the Nasdaq and the S&P 500, according to crypto data provider Kaiko. Compared to equity markets, cryptocurrency markets have become less reactive to volatile macro events, ...

Tesla and Spacex CEO Elon Musk expects a global recession to last until the spring of 2024. Musk added that his two companies are in good positions but many others are not. “Recessions do have a silver lining in that c...

Equity markets closed the week higher, up nearly 5% with half the gain occurring on Friday (October 21).

Third-quarter profits will be subdued, but many lenders will accept a raid on them to boost the public finances (and their own image) UK banking bosses would be well advised to take a page out of the Shell boss's book wh...

Infantry rolling into an assault on top of a tank is an old tactic called "tank desant."

Depending on who you listen to, Bitcoin's price is headed for either $3,500 or $1 million in the year ahead.

The artwork--which the museum says was undamaged--is the latest to be attacked by food items by environmental activists.

Because Putin is "personally associated" with Russia's seizure of Crimea, an attack on it "is a blow to his signature accomplishment," an expert said.

When Satoshi Nakamoto created Bitcoin, the full node client came with a wallet often referred to as Bitcoin-Qt. Nakamoto’s simplified payment verification (SPV) concept was not available until two years later, after th...