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…
Jim Cramer reveals his ‘Mad Covid-19 Index’ of…
CNBC's Jim Cramer on Monday doubled down on his preference for stock picking over index investing.The former hedge fund manager presented a list of market bright spots that span more than one dozen industries he…
Stocks in the news: Axis Bank, IDFC First…
New Delhi: The 30-share Sensex closed 1.17 per cent or 371.44 points higher at 32,114.52 points, while the 50-share Nifty rose 1.06 per cent or 98.60 points to close at 9,380.90 points. Here are a…
Digital-ad downturn may complicate life for Google, Facebook
WASHINGTON: Demand for digital advertising is shriveling after a decade of explosive growth amid the pandemic-fueled downturn. That could complicate things for Google and Facebook, who for the first time may have to contend with…
Cooking more under quarantine? How to trim your…
Annie NovaAnnie Nova | CNBCI was raised by a single mother who had no time for the kitchen, and although I wanted to be different, I wasn't. I became dependent on Grubhub, and the tiny…
Scared of debt mutual funds after Franklin fiasco?…
By Balachandran RWhen equity mutual funds dropped precipitously along with the stock market over the last two months, the news did not make any major waves. But Templeton’s shocking move to lockdown six of its…
Precious metals: Silver, gold futures slip on weak…
New Delhi: Silver futures on Tuesday plunged Rs 548 to Rs 41,409 per kg as participants cut down their bets on weak global cues. On the Multi Commodity Exchange, silver contracts for May delivery tumbled…
Tesla cancels plans to bring workers back to…
[unable to retrieve full-text content]After asking workers back to its U.S. car plant this week, Tesla cancelled its plans and California authorities extended health orders which limit the car maker to "minimum basic operations" there.…
Five former employees file class action suit against…
BENGALURU: Five US-based former employees of IT services provider Wipro have filed a class action suit against the Bengaluru-headquartered company alleging “discriminatory employment practices†based on race and nationality. The suit was filed last month…