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Bloomberg Creative/Getty Images (WASHINGTON) — Federal Reserve Chair Jerome Powell on Tuesday warned of potentially devastating consequences of a U.S. debt default and called on Congress to raise the debt ceiling. Speaking to the Senate banking committee, Powell said a potential U.S. debt default could be “extraordinarily adverse and do longstanding harm.” “At the end […]

Bloomberg via Getty Images, FILE (WASHINGTON) — The Justice Department on Tuesday filed a lawsuit to stop the proposed merger between JetBlue and Spirit Airlines. The $3.8 billion merger would create the nation’s fifth largest airline, and would be the first U.S. airline merger since 2016 when Alaska Airways bought Virgin Atlantic. In anticipation of […]

Prospect Commodities IPO Details: Prospect Commodities IPO date is fixed, The IPO will open on March 8 and will close on March 10, 2023. Prospect Commodities is a BSE SME IPO to raise ₹7.48 crores via IPO. The Prospect Commodities IPO price band is fixed at ₹61 with a market lot of 2000 shares. Prospect […]

Fabrice Coffrini/AFP via Getty Images (NEW YORK) — Toblerone, the triangular-shaped chocolate with Switzerland’s famed Matterhorn mountain immortalized on its packaging, will soon be changing its look to adhere to Swiss legislation. The candy bar, which is molded to mimic a mountain peak, can no longer be dubbed “Swiss chocolate” after Mondelez, the parent company […]

Zbigniew Bzdak/Chicago Tribune/Tribune News Service via Getty Images (NEW YORK) — Electric carmaker Tesla slashed the prices of its two most expensive cars in the U.S., the automaker’s website showed on Monday. The price cuts affected the performance version of the Model S and the more expensive Model X. The move follows a previous cut […]

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Quality Foils IPO Details: Quality Foils IPO date is fixed, The IPO will open on March 14 and will close on March 16, 2023. Quality Foils is an NSE SME IPO to raise ₹4.52 crores via IPO. The Quality Foils IPO price band is fixed at ₹60 with a market lot of 2000 shares. Quality […]

MCON Rasayan IPO Subscription Status – IPO Open – Correct Success MCON Rasayan IPO subscription status started on Monday March 6, 2023 and will close on March 9, 2023. MCON Rasayan IPO to raise around ₹8.00 crores via IPO. The retail quota is 50%, and NII is 15%. The price band is fixed at ₹40 […]

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Samyukta Lakshmi/Bloomberg via Getty Images (NEW YORK) — Anna Gifty Opoku-Agyeman, a graduate student studying economics and public policy at Harvard Kennedy School, who is Black, said she never would have entered the field if she hadn’t met Lisa Cook. In 2017, then an undergraduate math major with little familiarity with economics, Opoku-Agyeman attended a seminar […]