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2 mins read

Consumption slowdown? Reliance Retail posts a 62% jump in pre-tax profits

Reliance Retail posted robust EBITDA of 62% year-on-year jump for the third quarter of FY20. In the…

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3 mins read

Warren Buffett's company is so massive it's like a mini US economy - and its latest earnings may stoke recession fears

Berkshire Hathaway posted lower sales and profits across multiple businesses last quarter, which co…

Theron Mohamed   


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3 mins read

Low-wage parents can help their kids avoid poverty for decades if they get this one tax credit

Children exposed to the Earned Income Tax Credit at an early age were less likely to be in poverty …

Noah Sheidlower   


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2 mins read

Here's everything that Massachusetts' 4% tax on millionaires will pay for, from free student lunches to college financial aid

Thanks to the state's voter-passed amendment that put a 4% surtax on people's annual incomes above …

Natalie Musumeci   


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4 mins read

Bobbi Dempsey   


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2 mins read

Biden's tax hike will hit married couples earning more than $510,000 combined, according to a report

Biden plans to increase the income-tax rate from 37% to 39.6% for families earning more than $509,3…

Kate Duffy   


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2 mins read

There's a good chance your tax refund will be smaller this year

Last year, parents could get up to $3,600 per child from the enhanced child tax credit. That's not …

Juliana Kaplan   


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2 mins read

Warren Buffett's energy division has had a negative income tax rate for 5 years straight - as it's received clean-energy credits worth billions

Berkshire Hathaway Energy has received almost $6 billion in income-tax benefits on a net basis in t…

Theron Mohamed   


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4 mins read

DMart has more stores and no disruptions like it wanted – and investors are excited

DMart is a well-known name thanks to its big discounts and wide availability of products from names…

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3 mins read

Biden unveils $1.8 trillion spending plan to extend cash payments for parents, set up universal pre-K and free community college

The plan would extend cash payments for parents and set up universal pre-K and free community colle…

Joseph Zeballos-Roig   


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2 mins read

TCS earnings growth gets squeezed by slowing economies across the world

Tata Consultancy Services (TCS) shares fell by 3.65% as the share market opened today trading at …

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3 mins read

Russia’s battered wartime economy is still chugging along as it taps its wealth fund, raises taxes, and ramps up imports

Insider's Phil Rosen breaks down the latest market news on Russia, First Republic, JPMorgan, and mo…

Phil Rosen   


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2 mins read

Vedanta shares rally 14% in five days on the back of earnings, heavy volumes

On the back of high volumes and good corporate earnings, mining company had rallied nearly 14 per c…

ANI   


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2 mins read

Bernie Sanders sarcastically congratulates billionaires for making America an 'oligarchic form of society'

In an impassioned floor speech, Sanders said that the vast majority of people in the country are hu…

Juliana Kaplan   


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2 mins read

Warren Buffett's Berkshire Hathaway was a net seller of stocks last quarter — and slowed its share buybacks

The famed investor's company spent a record $27 billion on buybacks, and sold over $7 billion of st…

Theron Mohamed   


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1 min read

Goldman Sachs misses 4th-quarter earnings forecasts as investment banking, asset management revenue sink

Asset management revenue tumbled 27% to $3.56 billion, and investment banking fees sank 48% to $1.8…

Phil Rosen   


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3 mins read

ITC seizes the market; its sales surpass their pre-pandemic levels

In spite of significant disruptions during the year, ITC posted robust growth in revenues and profi…

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2 mins read

UBS smashes Q2 profit forecasts thanks to its surging wealth-management business - but expects a drop in client activity in Q3

The Swiss bank's wealth management division contributed the most to results and posted $25 billion …

Shalini Nagarajan   


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3 mins read

Diwali and Christmas may have saved DMart’s quarter

The normalcy around this festive season was an added bonus, which further boosted customer’s con…

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1 min read

OnlyFans lost a legal battle meaning it's likely to pay UK sales tax on all the money made by its content creators

The ruling means the platform's owner is set to pay VAT on all the revenues that creators make, and…

Jyoti Mann