Latest Stock Market and Business News for June 6, 2022

Fatima Fokina

WASHINGTON — The Biden administration on Monday announced a two-year pause on imposing any new tariffs on the solar industry, a decision that follows an outcry from importers who have complained the levies are threatening broader adoption of solar energy in the United States. The move is a victory for […]

Business News for May 27, 2022

Fatima Fokina

Americans built up trillions of dollars in savings during the pandemic. Now, with prices rising at their fastest pace in decades, they are tapping that stockpile to keep on spending. Consumer spending rose 0.9 percent in April, the Commerce Department said on Friday, as Americans shook off high prices to […]

Latest Stock Market and Business News for May 24, 2022

Fatima Fokina

Treasury Secretary Janet L. Yellen said that Russia’s ability to borrow had already essentially been cut off.Credit…Sarahbeth Maney/The New York Times WASHINGTON — The Biden administration will start blocking Russia from paying American bondholders, increasing the likelihood of the first default of Russia’s foreign debt in more than a century. […]

Latest Earnings, Stocks and Business News for May 11, 2022

Fatima Fokina

Shares of Rivian, the electric-vehicle maker that went public last year with big ambitions to take on Tesla and others, jumped Thursday after the company reaffirmed its production forecast for this year despite supply-chain problems. In midday trading, the shares were up more than 20 percent. Before Thursday’s session, the […]

Business News for May 13, 2022

Fatima Fokina

WASHINGTON — Shipping traffic in and out of Russia has remained relatively strong in the past few months as companies have raced to fulfill contracts for purchases of energy and other goods before the full force of global sanctions goes into effect. With the European Union poised to introduce a […]

Bits n Bytes: Know about startup, business news in Pune

Fatima Fokina

BLive multi-brand EV experience store launched at Tilak road Multi-brand EV platform, BLive, opened its first EV experience store at Tilak Road in Pune. Through the store, BLive aims to promote sustainable mobility to customers by showcasing multiple brands of electric two-wheelers (e2Ws), electric bicycles (e-bikes) and electric delivery vehicles […]