DIRS.INFO The most relevant business & tech news

The three main indexes have been on a loss-making streak in the past few sessions as recent data continues to point to more policy tightening by the U.S. Federal Reserve that could tip the economy into a recession. With recent economic indicators signaling persistent inflation going forward, money markets are pricing in a 92% chance of another 75-basis-point hike at the Fed's meeting in November. read moreMajor U.S. banks are set to report third-quarter results on Friday that may offer insight into the health of the U.S. economy. ET, Dow e-minis were up 6 points, or 0.02%, S&P 500 e-minis were down 2.25 points, or 0.06%, and Nasdaq 100 e-minis were down 10.25 points, or 0.09%. Amgen Inc (AMGN.O) shares jumped nearly 3% after a report said Morgan Stanley upgraded the drugmaker's stock to "overweight" from "equal weight".

☆ Renters are finally being rewarded for paying the bills on time with cash back, gift cards, and even boosted credit scores
▼ + stars: | 2022-10-02 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

Historically, the US's 44.2 million renters have written checks to their landlords and kissed that cash goodbye. In lieu of a security deposit, Up&Up users "invest" one month's rent into their Up&Up Wallet. Bilt: Building credit is as easy as paying rentAt the rental-rewards startup Bilt, renters are rewarded for paying rent. Piñata: Crack open the rewards while rentingPiñata, too, offers rewards for renters, alongside credit reporting. They can also have their rent payments reported to TransUnion.

☆ Oil and gas are making a comeback — and these mutual funds are jumping on the trend, says Morningstar
▼ + stars: | 2022-09-29 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

The S & P 500's oil and gas sector has risen by nearly 30% this year while the broader market has sold off. Here's a selection of funds that Morningstar says have recently bought oil and gas stocks. BlackRock BGF World Energy It's not just the diversified funds that are making significant moves within the energy sector, however. A 'completely missing' picture Shares in nearly all oil and gas companies have fallen over the past three months following a decline in crude oil prices. Why have funds avoided oil & gas in the past?

☆ Capital outflows likely 'temporary', Taiwan can keep markets stable-finmin
▼ + stars: | 2022-09-28 | by ( Karen Lema | ) www.reuters.com time to read: +3 min

MANILA, Sept 28 (Reuters) - Capital outflows are a "temporary phenomenon" and Taiwan, with its foreign currency reserves, has enough capacity to maintain its financial markets stable, Finance Minister Su Jain-rong said on Wednesday. Register now for FREE unlimited access to Reuters.com Register"So the capital outflow maybe is just a temporary phenomenon. Foreign investors sold $33.8 billion worth of stocks as of the end of August, according to Taiwan's stock exchange. With $545.48 billion in foreign exchange reserves as of August, Taiwan has ample capital to support the currency and economy if needed. Su said Taiwan - which participates in the bank as "Taipei, China" despite the government's objections - hoped a Chinese attack would not happen.

☆ Wells Fargo expects steeper U.S. rate hikes to quell rampant inflation
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterA man arranges produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah SilbigerSept 27 (Reuters) - Wells Fargo expects steeper rate hikes by the Federal Reserve due to resiliency of the U.S. economy and the central bank's increased resolve to wring out inflation, the Wall Street bank's economists said in a note on Tuesday. "Our updated forecast for the fed funds rate also reflects the Fed's apparent willingness to do "whatever it takes" to rein in inflation." They expect a U-turn in Fed's policy only towards the end of next year. Register now for FREE unlimited access to Reuters.com RegisterReporting by Bansari Mayur Kamdar and Devik Jain in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

☆ Feds sought to jail father charged in $100 million New Jersey deli scam with Hong Kong-based son at large
▼ + stars: | 2022-09-27 | by ( Mike Calia | ) www.cnbc.com time to read: +2 min

Federal authorities sought to detain one of the men charged in an alleged multiyear fraud scheme involving a neighborhood deli in a small New Jersey town, according to court records. The man – Peter Coker, Sr., 80 – was arrested Monday in North Carolina and then let go after the government agreed to the conditions surrounding his release. Both he and Coker Sr. are expected to appear in a New Jersey federal court at a yet-to-be-determined date. The three men are charged with 12 counts, including securities fraud, wire fraud and money laundering. Coker Jr. was the chairman of Hometown International, while Coker Sr. was a major shareholder.

☆ Europe's STOXX 600 climbs 1% after three-day selloff; Nexi shines
▼ + stars: | 2022-09-27 | by ( Devik Jain | ) www.reuters.com time to read: +3 min

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 26, 2022. The continent-wide index (.STOXX) was up 1.2%. Goldman Sachs expects the European Central Bank to hike rates by 75 basis points at its next two meetings, Bloomberg News reported. The STOXX 600 dropped 5.2% so far this month, set for its second straight monthly loss, as Europe grapples with energy and the cost-of-living crises amid the Russia-Ukraine war hampering gas flows, and hawkish central bank moves. read moreHugo Boss AG (BOSSn.DE) slipped 0.8% after Deutsche Bank downgraded the German fashion house's stock to "hold", citing "fading tailwinds".

☆ Family, supporters demand justice in alleged murder of Indian woman
▼ + stars: | 2022-09-25 | by ( Saurabh Sharma | ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterPolice said they had arrested Pulkit Arya, as well as a resort manager and an assistant manager on suspicion of murder. Reuters could not immediately reach lawyers and family members of Pulkit Arya for comment. Local BJP officials said Vinod Arya was expelled from the party on Saturday after his son's arrest. Reuters could not immediately reach Vinod Arya for comment. Register now for FREE unlimited access to Reuters.com RegisterWriting by Rupam Jain Editing by Frances KerryOur Standards: The Thomson Reuters Trust Principles.

☆ Retailers Face Pressure to Offer Discounts While Battling Inflation
▼ + stars: | 2022-09-23 | by ( Kristin Broughton | ) www.wsj.com time to read: +7 min

Retailers and their finance chiefs are facing a challenge balancing consumer expectations for discounts and the need to keep raising prices to offset high inflation. With more discounts available and additional inventory being sold through off-price retailers, consumers are expecting to find good deals when they go shopping, executives said. Last month, the average discount at such retailers was 16%, up from 15% a year earlier, UBS said. That is prompting competitors—including those that don’t have too much inventory—to fine-tune their pricing strategies, offering discounts to stay competitive even as they grapple with higher costs. The company’s operating margin fell to 15% from 18.1% a year earlier, according to FactSet, a data provider.

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., September 13, 2022. Goldman Sachs cut its year-end 2022 target for the benchmark S&P 500 index (.SPX) by about 16% to 3,600 points, a 4.2% decline from current levels. read moreThe CBOE volatility index (.VIX), also known as Wall Street's fear gauge, rose to 28.72 points. Meanwhile, Fed Chair Jerome Powell is set to give opening remarks on the transition to the post-pandemic economy at an event at 2 p.m. On the data front, investors will closely monitor flash reading on business activity data from S&P Global at 09:45 am ET.

☆ Futures fall as focus turns to Fed
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +2 min

Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., September 13, 2022. Register now for FREE unlimited access to Reuters.com Register"The fundamental environment has hardly changed." Focus will also be on the updated economic projections and dot plot estimates for cues on policymakers' sense of the endpoint for rates and the outlooks for unemployment, inflation, and economic growth. ET, Dow e-minis were down 139 points, or 0.45%, S&P 500 e-minis were down 19.75 points, or 0.5%, and Nasdaq 100 e-minis were down 70.5 points, or 0.59%. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Devik Jain in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

An employee carries Bira beer cans to deliver them to a customer at a liquor store in Mumbai, India March 23, 2018. Started in 2015, Bira is one of India's most popular craft beer makers. It competes with international brands such as Carlsberg (CARLb.CO) as well as Heineken-owned (HEIN.AS) United Breweries (UBBW.NS) in India's estimated $5 billion beer market. Kirin owns a stake in New York's Brooklyn Brewery, and its subsidiary owns U.S.-based craft beer makers New Belgium Brewing and Bell's Brewery. With five breweries in India, Bira says its beer is available in 500 towns and cities in 15 countries.

☆ India's rice export ban is a 'safety measure,' says food company
▼ + stars: | 2022-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's rice export ban is a 'safety measure,' says food companyAshish Jain of KRBL says it's "very difficult to say" how long it will be in place.

Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., September 13, 2022. read more"The key to tomorrow is going to be indications by the Fed chief as to what's the next possible move. The benchmark U.S. 10-year Treasury yield hit 3.54%, its highest level since April 2011, in anticipation of the rate hike, while the closely watched yield curve between two-year and 10-year notes inverted further. ET, Dow e-minis were down 153 points, or 0.49%, S&P 500 e-minis were down 22.25 points, or 0.57%, and Nasdaq 100 e-minis were down 78.75 points, or 0.65%. read morePayPal Holdings Inc (PYPL.O) fell 2.6% after Susquehanna Financial Group downgraded the fintech company's stock to "neutral" from "buy".

☆ Wall Street ends choppy session higher with focus firmly on Fed
▼ + stars: | 2022-09-19 | by ( David French | ) www.reuters.com time to read: +5 min

Focus will also be on new economic projections, due to be published alongside the Fed's policy statement at 2 p.m. A majority of the 11 S&P 500 sectors rose. read moreIndustrial stocks (.SPLRCI) rebounded 1.4% after a sharp drop on Friday, while banks (.SPXBK) gained 1.9%. Tech heavyweights Apple Inc (AAPL.O) and Tesla Inc (TSLA.O) rose 2.5% and 1.9%, respectively, to provide the biggest boost to the S&P 500 and the Nasdaq. read moreThe S&P 500 posted one new 52-week high and 28 new lows; the Nasdaq Composite recorded 29 new highs and 378 new lows.

Register now for FREE unlimited access to Reuters.com RegisterUnexpectedly hot August inflation data last week also raised bets on increased rate hikes down the road, with the terminal rate for U.S. fed funds now at 4.46%. It's a lower volume market, which means that folks are probably just sitting tight at this point waiting to see the next step." Focus will also be on new economic projections, due to be published alongside the Fed's policy statement at 2 p.m. Four of the 11 S&P 500 sectors were lower. Tech heavyweights Apple Inc (AAPL.O) and Tesla Inc (TSLA.O) rose more than 1% each to provide the biggest boost to S&P 500 and the Nasdaq.

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. Five of the 11 S&P 500 sectors were lower. Tech heavyweights Apple Inc (AAPL.O) and Tesla Inc (TSLA.O) rose more than 1% each to provide the biggest boost to S&P 500 and the Nasdaq. read moreThe CBOE volatility index (.VIX), also known as Wall Street's fear gauge, rose to 26.67 points. Declining issues outnumbered advancers for a 1.31-to-1 ratio on the NYSE and for a 1.92-to-1 ratio on the Nasdaq.

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. Unexpectedly hot August inflation data last week also raised bets on increased rate hikes down the road, with the terminal rate for U.S. fed funds now at 4.47%. The Fed regards a recession as regrettable, but necessary to fight inflation," Grisanti said. The CBOE volatility index (.VIX), also known as Wall Street's fear gauge, rose to 27.72 points, inching closer to a more than two-month high. Focus will also be on new economic projections, due to be published alongside the policy statement at 2 p.m.

☆ Futures fall on rate hike worries
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Andrew KellyRegister now for FREE unlimited access to Reuters.com RegisterSummarySummary Companies Futures down: Dow 0.92%, S&P 0.97%, Nasdaq 1.02%Sept 19 (Reuters) - Wall Street futures fell on Monday, with rate-sensitive technology and growth stocks leading the declines as investors worried that another massive interest rate hike by the Federal Reserve could tip the U.S. economy into a recession. Unexpectedly hot August inflation data last week also raised bets on increased rate hikes down the road, with the terminal rate for U.S. fed funds now at 4.46%. Focus will also be on new economic projections, due to be published alongside the policy statement at 2 p.m. ET, Dow e-minis were down 285 points, or 0.92%, S&P 500 e-minis were down 37.75 points, or 0.97%, and Nasdaq 100 e-minis were down 121.75 points, or 1.02%. Register now for FREE unlimited access to Reuters.com RegisterReporting by Devik Jain in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

☆ Here's an exclusive look at the 10-slide pitch deck commerce startup Fermat used to raise a $12 million supergiant seed round from Greylock
▼ + stars: | 2022-09-19 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +4 min

Fermat raised a $12 million seed round, led by Greylock and QED with participation from Courtside. With Fermat, brands can collaborate with influencers to embed shopping experiences directly into influencer content on any social media platform. However, with Fermat, influencers can access analytics to understand what types of content drives the most engagement and sales. Fermat's recent $12 million funding round is an example of a "supergiant" seed round, in which startups raise more than $10 million. Here's an exclusive look at the 10-slide pitch deck that influencer-driven commerce startup Fermat used to raise $12 million in seed funding from Greylock and QED.

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. Five of the 11 S&P 500 sectors were down in early trading. Unexpectedly hot August inflation data last week also raised bets on increased rate hikes down the road, with the terminal rate for U.S. fed funds now at 4.48%. The S&P 500 has lost 19% so far this year on worries of a central bank-induced recession amid recent warnings of slowing demand from delivery firm FedEx and an inverted U.S. Treasury yield curve. The CBOE volatility index (.VIX), also known as Wall Street's fear gauge, rose to 27 points, inching closer to a more than two-month high.

☆ Denmark's most popular eToro trader breaks down how his time as an elite chess player helped shape the strategy that made him 400% returns on bitcoin this year and led 20,000 people to copy his portfo
▼ + stars: | 2021-07-29 | by ( Tom Turula | ) www.businessinsider.com time to read: +7 min

His portfolio generated 44% in returns in 2020.Insider asked Jain Kongsted how he invests and why he thinks his portfolio is so popular. His background as an elite chess player gives him a leg up in investing"The best chess players know thousands of patterns on a chess board," Jain Kongsted said. Elite chess also taught Jain Kongsted to "keep his head cool" when trades go bad. Besides chess, Jain Kongsted is also champion of Scrabble. And he spent thousands of hours studying stock charts, "until they took on a life of their own."

Persons: Jain Kongsted, eToro, Jain, Jain Kongsed, they've, —, Elon Musk, Jain Kongsted didn't, Tesla, It's, That's Organizations: Business, Visa, Gamestop Locations: Denmark, Europe, Danish, bitcoin, cryptocurrencies

Animalul, care a scăpat de abator, a fost cumpărat de la un fermier cu 5.000 de lire sterline de către Jain Animal Sanctuary, cu scopul de a fi venerat ca un zeu. Vițelul a fost numit Mahadev, un alt nume pentru zeitatea hindusă Shiva, al cărui al treilea ochi reprezintă înțelepciunea și perspicacitatea. „Suntem foarte mândri și binecuvântați să informăm pe toată lumea că am salvat un vițel cu trei ochi de la măcelul din Țara Galilor. Este o onoare și un privilegiu să ni se ofere posibilitatea de a-i oferi dragoste și grijă lui Mahadev!“, a anunțat sanctuarul. Are pleoape și gene și este umed și el, ca și cum ar secreta un fel de liubrifiant”.

Persons: Vițelul, Shiva, Leicester . Nitin Mehta, Mahadev, Hughes Locations: Leicester, Țara Galilor

☆ Un vițel cu trei ochi, considerat „vacă sfântă“ de un sanctuar de animale hinduse, salvat de la sacrificare
▼ + stars: | 2021-07-08 | by ( ) www.jurnal.md time to read: +1 min

Vițelul a fost numit Mahadev, un alt nume pentru zeitatea hindusă Shiva, al cărui al treilea ochi reprezintă înțelepciunea și perspicacitatea. „Suntem foarte mândri și binecuvântați să informăm pe toată lumea că am salvat un vițel cu trei ochi de la măcelul din Țara Galilor. Este o onoare și un privilegiu să ni se ofere posibilitatea de a-i oferi dragoste și grijă lui Mahadev!“, a anunțat sanctuarul, potrivit Aleph News. Veterinarii văd tot felul de lucruri, miei ciclopi și animale născute cu două capete, dar nu am mai văzut așa ceva până acum. Are pleoape și gene și este umed și el, ca și cum ar secreta un fel de lubrifiant“

Persons: Vițelul, Shiva, Leicester . Nitin Mehta, News, Mahadev, Hughes Locations: Leicester, Țara Galilor

☆ Peste 1.000 de oameni s-au înghesuit la o benzinărie ca să simtă „mireasma” unei „flori-cadavru”
▼ + stars: | 2021-05-20 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Astfel, la începutul acestei săptămâni, Leyva a dus floarea la clădirea abandonată, unde curioșii au fost invitați să o admire și să-i simtă mirosul. El a crezut că se vor găsi câțiva amatori, însă oamenii au venit în valuri, toată ziua, potrivit San Francisco Chronicle. Leyva s-a așezat relaxat pe un scaun de camping la vechea benzinărie și a răspuns cu răbdare la toate întrebările. „Am vrut doar să-i mulţumesc, pentru că am crezut că nu vom ajunge niciodată să o vedem”, a spus Sayali Jain. Planta mirositoare este o adevărată curiozitate a naturii și atrage mulțimi ori de câte ori apare pe undeva.

Persons: San Francisco Bay, Solomon Leyva, Guardian, Leyva, San Francisco Chronicle Locations: San Francisco, Alameda, San, SUA

Search resuls for: "Jain"

25 mentions found