Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers. The price for a container of goods from China…
Pandemic a perfect storm for the auto sector:…
What is the outlook on some of these chemical stocks because the consensus is that the India business will outshine the global earnings when it comes to the metals basket and we could see improved…
Goldman Sachs slants research to help Democrats, top…
The Goldman Sachs economics team "almost at times looks like the Democratic opposition," Hassett told CNN's Poppy Harlow on Tuesday.The comment came after Harlow asked Hassett about a Goldman Sachs research report warning that a…
SoftBank and Toyota want driverless cars to change…
Meet 'crazy' tech tycoon Masayoshi Son SoftBank and Toyota want to change the world of transportation through autonomous vehicles and other technologies. The high-profile Japanese companies are forming a joint venture called Monet to develop…
Government to release all GST, customs refund worth…
In a bid to provide relief to businesses hit by the Covis-19 pandemic, the Government on Wednesday said it will release all GST & Customs refunds to provide benefit to around 1 lakh business entities…
Your forgivable loan may be undercut by this…
Steven Mnuchin, U.S. Treasury secretary, speaks during a Coronavirus Task Force news conference at the White House in Washington, D.C., U.S., on Thursday, April 2, 2020.Kevin Dietsch | Bloomberg | Getty ImagesThe Small Business Administration…
Why it’s time for investors to go on…
That's what Howard Marks, co-chairman of Oaktree Capital, told CNNMoney editor-at-large Richard Quest on "Markets Now" on Wednesday."Defense is more important than offense" right now, said Marks, the author of "Mastering the Market Cycle: Getting…
E-commerce moratorium proposal worries India
India along with South Africa has raised concerns over a proposal at the WTO seeking to expand the scope of global moratorium to include digitized and digitizable goods such as books, video games, software and…
Exxon cuts capital spending by 30%, but CEO…
Exxon is slashing its 2020 capital spending plan as depressed oil prices hammer the energy sector, but CEO Darren Woods said that the company's dividend is safe for the time being."A lot of our shareholders…