5 reasons why BofA Securities has cut year-end Nifty target to 14,500

BofA Securities has revised its year-end Nifty target from its earlier projection of 16,000 to 14,500 now – down over 6 per cent from the current levels. Fast tightening monetary conditions, slowing growth/fears of US recession and the likely Nifty EPS (earnings per share) cuts, BofA Securities said, are the key headwinds for the markets […]

Adani among 11 bidders in race for CIL’s Rs 3,100-cr coal import tender

Eleven bidders, including Adani Enterprises, have shown interest in the first-ever coal import tender issued by national miner Coal India (CIL). Recently, state-owned NTPC awarded 6.25 million tonnes (mt) of imported coal tender worth Rs 8,300 crore to Adani Enterprises. CIL, in a public statement on Tuesday, said: “The prominent Indian agencies among them (11 […]

This Company Has The Best Reputation In America

The last few years have been difficult for American consumers. From COVID-19 lockdowns to supply chain issues and now skyrocketing inflation, the goods and services that Americans have come to rely on have grown harder to find and afford. However, not all major companies have struggled with the same issues. Some of the best-known brands […]

Trump Slams Congressional Inquiry Into Capitol Riot

Former President Donald Trump has called the House select committee investigating the Capitol Hill attack a “Kangaroo Court.” In a lengthy statement he issued on Monday, Trump alleged that the Democrat-led panel was one-sided in its approach, and “is making a mockery of justice.” The congressional committee, which consists of seven Democrat and two Republican […]

Pixar's 'Lightyear' sees lower domestic box office showing tied to host of problems

video Fox Business Flash top headlines for June 20 Check out what’s clicking on FoxBusiness.com. Pixar's "Lightyear" struggled to travel to infinity and beyond at the domestic box office this past weekend, coming in at an estimated $51 million, below industry projections of around $70 million thanks to a perfect storm of headwinds.  Ticker Security […]

European Shares Seen Up At Open As US Futures Rebound

European stocks are likely to open higher on Tuesday as U.S. stock futures climbed after Monday’s rout. Gold hovered near a four-week low, pressured by a strong dollar and elevated U.S. Treasury yields ahead of the Fed announcement on Wednesday, with Goldman Sachs altering its own expectation of a 50-basis point move to 75. As […]

The UK is testing out 4-day work weeks. Here's why it matters

Joe O’Connor is the chief executive officer of 4 Day Week Global, a not-for-profit supporting organizations worldwide to trial or transition to reduced-hour working. Juliet Schor is an economist and professor of Sociology at Boston College and has studied worktime since the 1980s. The opinions expressed in this commentary are their own. It’s now well […]

What the mortgage rate spike means for first-time home buyers

There is a shift happening in the housing market. After more than a year of soaring demand, exploding home prices and increasing real estate sales, the market finally seems to be cooling off. “The housing market isn’t crashing, but it is experiencing a hangover as it comes down from an unsustainable high,” said Taylor Marr, […]

Beyoncé Sets Midnight Release For New Single ‘Break My Soul’

Beyoncé will release her new single “Break My Soul” from the upcoming album Renaissance at midnight ET tonight. The announcement was made with a simple “BREAK MY SOUL midnight ET” listed in the singer’s social media profiles today. Last week, the Oscar and Emmy nominee and 28-time Grammy Award winner teased her next solo album, Renaissance, […]