Business

[ad_1] US stock market (Photo-AP) US stock market experienced mixed movements on Thursday as President Donald Trump‘s latest tariff announcement on imported cars weighed down automakers, while positive economic data provided some support for the market.The S&P 500 showed little movement in the morning, recovering from an earlier dip. As of 10 a.m. Eastern time,…

[ad_1] The US economy expanded at a healthy annual rate of 2.4% in the final quarter of 2024, according to a slight upgrade in the government’s growth estimate released on Thursday. The growth was driven by a strong year-end surge in consumer spending, despite challenges posed by a slowdown in business investment and declining inventories.The…

[ad_1] Elon Musk, who heads both Tesla and SpaceX, saw a remarkable 82% increase in his net worth. (AI image) World’s richest persons 2025: Tesla’s Elon Musk has once again claimed his position as the world’s wealthiest individual, securing the top spot on the Hurun Rich List for the fourth time in a five-year period.The…

[ad_1] The Income tax department‘s offices across India will remain open from March 29 to March 31 to assist taxpayers in completing any pending tax-related tasks before the end of the fiscal year. The current financial year 2024-25 concludes on March 31.Despite the weekend and the observance of Eid-al-Fitr, which may coincide with Monday, the…

[ad_1] Zhang stands apart from traditional Chinese billionaires due to his innovative and globally-focused enterprise. TikTok owner ByteDance Ltd.‘s founder Zhang Yiming has emerged as the wealthiest individual in China, marking his first ascent to this position. On Wednesday, Zhang claimed the top spot by overtaking Zhong Shanshan, known for his bottled water enterprise, and…

[ad_1] The US has reclaimed its position as the world’s leader in billionaires, surpassing China for the first time since 2016, according to the latest Hurun Global rich list. The US now has 870 billionaires, an increase of 70 from the previous year, while China follows with 823 billionaires, adding just 9 to its tally…