Mohamad Faizal Bin Ramli/iStock via Getty Images
By Kirsten Chang
The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3% year-over-year in July, below the forecast of 3.3%. This marks no change from July’s 3% reading. On a monthly basis, core prices rose 0.2%, also
For taxpayers who have filed their income-tax returns (ITR) and are still waiting for a refund, checking the status online can help establish whether the return has been processed. The Income Tax Department provides an online facility through its e-filing portal to check the status of filed returns and refunds. A refund claimed…
Costco: Great Quarter, But The Valuation Still Prices In Excellence
Sandisk: The 0.08x PEG Is Correct, But It May Not Last
Key insight: Texas Capital failed once to win shareholder support to redomicile from Delaware to Texas, but its management team plans to try again. What’s at stake: If the regional bank succeeds, it will join a list of public companies that have moved their state of incorporation from Delaware to Texas, where recent changes to…
Outward remittances under the Liberalised Remittance Scheme (LRS) for resident individuals grew 3.6 per cent year-on-year (Y-o-Y) to $2.39 billion in May 2026, driven by a surge in overseas investments, according to Reserve Bank of India (RBI) data. The data showed that deposit-related remittances more than doubled to $118.12 million in May,…
Anybody who’s been wondering if electric vehicle maker Tesla (TSLA -0.11%) will merge with Space Exploration Technologies (SPCX -0.61%) — better known as SpaceX — is still wondering. The question has been posed several times, and when CEO (of both companies) Elon Musk was asked earlier this month at the All-In Summit of influential thinkers,…