California's New Law: Turning Parking Lots into Affordable Housing 　　Introduction　　In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing. 　　The Law's Provisions　　The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...

The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.

November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.

　　Former Citibank Analyst's Unfair Dismissal Claim Rejected 　　Employee Lied About Food Expenses　　A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer. 　　Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * CrowdStrike ( CRWD ) dips on bleak revenue forecast * Intel ( INTC ) drops after Trump's plans to kill chips subsidy law * US service sector expands in February; price growth accelerates * Nasdaq Composite on track to...

01:29 PM EST, 03/05/2025 (MT Newswires) -- Financial stocks advanced in Wednesday afternoon trading with the NYSE Financial Index rising 0.5% and the Financial Select Sector SPDR Fund (XLF) up 0.1%. The Philadelphia Housing Index climbed 1.3%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.3%. Bitcoin (BTC-USD) gained 2.3% to $89,367, and the yield for 10-year US...

01:08 PM EST, 03/05/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) was up 0.6%. US equity indexes rose while government bond yields were mixed after midday Wednesday as investors weighed divergent macroeconomic data. Energy iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) lost about...

12:42 PM EST, 03/05/2025 (MT Newswires) -- US equity indexes rose while government bond yields were mixed after midday Wednesday as investors weighed divergent macroeconomic data. The Nasdaq Composite was up 0.4% at 18,363.8, while the S&P 500 rose 0.3% to 5,796.4 after both indexes traded lower earlier in the session. The Dow Jones Industrial Average gained 0.5% to 42,712.6,...

Dicks Sporting Goods stock price (DKS) inched up in the intraday levels, with positive signals from the RSI, thus retesting the resistance of $192.23, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA. Therefore we expect the stock to return lower, targeting the support of $170.72, provided it settles below...

The major currencies pairs and commodities show weak trades since morning, affected by the financial markets holidays, to keep the suggested scenarios in our recent reports valid without any change, and we recommend to review them to check the expected targets and trends for the upcoming period. ...

Blackstones stock price (BX) inched up in the intraday levels, after leaning on the support of the 50-day SMA, lending the stock some positive momentum, with positive signals from the RSI after reaching oversold levels compared to the stocks movements, amid the dominance of the main upward trend in the medium term. Therefore we expect more gains for the stock,...

China has responded to the Group of Seven (G-7) nations’ criticism of its trade practices, accusing them of exaggerating the issue of overcapacity. What Happened: The G-7 finance ministers and central bankers claimed on Saturday that China’s non-market policies harm global economies, Bloomberg reported on Monday. During a regular press briefing in Beijing on Monday, Chinese Foreign Ministry spokeswoman Mao...

Preparations are underway for the mega rally at Esplanade on November 29, where Shah is expected to set the tone for the BJP’s electoral strategy in the state.

Rahul Gandhi earlier rode an autorickshaw in Telangana as he campaigned for the party ahead of the polling. He also interacted with auto drivers, gig workers, and sanitary workers in Jubilee Hills. Priyanka Gandhi and Rahul Gandhi also addressed the public today. 

They were accused of damaging a police vehicle, shouting slogans and rioting while being taken to a stadium under detention for organising a protest at the Income Tax crossroads in the city to support the cause of sanitation workers of the Ahmedabad Municipal Corporation in September 2016.

Modi led the show for the BJP with 42 public rallies and four big road shows between November 2 and November 27. Shah did an aggressive campaign in the four states as well, notching up 62 rallies and road shows this month.

The Centre had on October 5 told the apex court that Mallya cannot be extradited to India until a separate secret legal process in the United Kingdom, which is judicial and confidential in nature is resolved.

Mukesh Ambani, Ratan Tata, Nandan Nilekani, Deepak Parekh will be among the top Indian business leaders attending the event.

The salary hikes in 2020 is less than what was offered in 2009, during the financial crisis.

This year, the COVID-19 pandemic saw sales of Kanjeevaram sarees fall drastically, thanks to low-key wedding ceremonies and a consumption slowdown.

The bitcoin mine would use solar and storage technology from Tesla and be entirely run on renewable energy

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy

The crypto industry has been focussing hard on making the business more environment friendly.

El Salvador and Iceland are hotspots to watch out for as world wakes up to power of cutting-edge geothermal.