World Updates

Due to supply route disruptions brought on by Washington’s pressure campaign, Cuba is experiencing extensive power outages and growing economic strain. An alleged Russian fuel-carrying tanker has sparked maritime action and is probably en route to Cuba. The shipment is anticipated to push the boundaries of US President Donald Trump’s strict oil embargo. The ship, … Read more

Did you fail to file your HUF income ITR? Ask Wallet Wise today outlines why a member has no options after the time for filing a revised ITR has passed. Expert guidance on personal finance and money-related questions is available through the Ask Wallet-Wise initiative. You can send an email with your questions to askwalletwise@nw18.com, … Read more

The “AI fright trade” has taken over US markets, with investors selling wealth managers and software companies out of fear that the quick development of AI could undermine long-standing business models. The atmosphere is much more positive in China. Investors are pursuing perceived winners rather than fretting about disruption because of AI’s growth potential and … Read more

This week, which ended on February 20, there was widespread volatility across asset classes due to US-Iran tensions and a historic Supreme Court decision over President Trump’s worldwide tariffs. As investors balanced moderate growth against ongoing inflation and growing geopolitical worries, the US dollar index surged to a one-month high of 98.1. Minutes of the … Read more

In its investigation of Netflix Inc.’s proposed $72 billion acquisition of Warner Bros. Discovery Inc., the Justice Department is looking into the streaming behemoth’s actions and if it has anticompetitive power over content producers when negotiating acquisition deals. According to a copy of a civil investigative demand examined by Bloomberg News, which was sent Friday, … Read more