Stay updated with the latest business-insider-india news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on business-insider-india topics.
Oil and gas prices are set to fall amid an onslaught of steep tariffs under Donald Trump, according to Bank of America strategist Francisco Blanch. Blanch says the president-elect's proposed tariffs will likely curb global trade, driving down oil and gas prices in the process. "America first means commodities second, and I think we kind of start from that point," he said in a Monday interview with Bloomberg Television. Trump has floated proposals of sweeping tariffs of 10% to 20% on all count ...Read More >
US stocks traded mostly higher on Monday, partly driven by a surge in Tesla. Tesla stock jumped as much as 9% after a report said the incoming Trump administration was planning to ease regulations on autonomous vehicles. The Nasdaq 100 led the market higher, ending a five-day losing streak, while the S&P 500 gained slightly and the Dow Jones edged lower. The gains in the Nasdaq on Monday come after last week's more-than-3% decline, which was exacerbated by comments from Fed Chairman Jerome Po ...Read More >
WiFi Money was sued by Nebraska's Attorney General who alleged the social-media collective offered "deceptive" get-rich-quick schemes that lost residents of the state more than $3 million. On Tuesday, the state filed a lawsuit focused on investment opportunities that WiFi Money marketed during the COVID-19 pandemic that promised to make investors a profit by dropshipping on Amazon and Walmart's online marketplaces. A Business Insider investigation published in May 2024 found that WiFi Mone ...Read More >
Sam Altman is the latest tech exec to get a seat at the political table. The OpenAI cofounder and CEO is cochairing the transition team for San Francisco mayor-elect Daniel Lurie, Lurie announced Monday. The other cochairs include alums from local government and nonprofits, as well as Ned Segal, Lurie's campaign cochair and Twitter's former CFO. "I'm excited to help the city I love, and where OpenAI was started, as it begins its next chapter with Mayor-elect Lurie stepping into his new rol ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.