TCS Q3 earnings dip 14% as labour code and legal provisions bite
The Tata Consultancy Services reported a 14% fall in net profit to about ₹10,657 crore, while revenue rose nearly 5% to ₹67,087 crore.
1d ago
Business News
Business
Graduates Face New Hiring Landscape as AI Becomes a Core Credential
AI tools now shape recruitment, prompting recent graduates to rethink résumés and skill development, CNBC reports.
2d ago
Business
Trump says Treasury chief declines AI czar appointment
President Donald Trump announced that Treasury Secretary Scott Bessent does not want to serve as the administration's proposed "Super Intelligence czar."
2d ago
Business
Airlines Suspend Change Fees as Nor'easter Looms Over East Coast
Major carriers are dropping ticket‑change penalties ahead of a powerful storm expected to affect New York, Boston and surrounding areas.
2d ago
Business
China's U.S. export orders climb unexpectedly as Trump‑Xi talks approach
A private survey indicates a notable rebound in Chinese shipments to the United States, signaling optimism ahead of the upcoming summit between President Trump and President Xi.
2d ago
Business
UK diesel price nears record high amid rising fuel costs
Average diesel now costs 198.32p per litre, putting it close to the highest level ever recorded in the UK.
2d ago
Business
Fed's New Chair Kevin Warsh Accelerates Policy Shift Amid Pushback
Kevin Warsh’s early tenure at the Federal Reserve is marked by swift policy moves and hints that additional rate hikes could still be on the table, despite growing dissent within the board.
2d ago
Business
Incumbents Lead in Cash in Most Contested 2026 House Races
CNBC finds that sitting members hold a financial edge in the tightest congressional battles ahead of the 2026 midterms.
2d ago
Business
Danish intelligence flags imminent Russian threat to NATO member
Denmark's security service warns that Russia may strike a NATO country within months, echoing warnings from European officials.
2d ago
Business
Bitget attributes $352 million breach to North Korean actors
The crypto exchange says the massive loss may be linked to a state‑backed hacking group, prompting a coordinated investigation.
2d ago
Business
Former CEO exits after controversial AI‑edited sweatshirt post
The executive left the firm following a September social‑media post featuring a family photo in a 'Lake America' sweatshirt, which sparked criticism.
2d ago
Business
Iran Blames U.S. for Conflict as China Urges Calm After Houthi Strikes
Iran says Washington must end the war while Beijing pushes for de‑escalation amid fresh Houthi missile and drone attacks on Saudi Arabia.
2d ago
Business
Trump hosts Xi Jinping at high‑profile state dinner in Washington
The dinner, held Thursday, brought together senior U.S. officials and business leaders as part of ongoing diplomatic outreach to China.
2d ago
Business
KFC rolls out "Open House" test site in Texas with expanded menu and table service
The fast‑food chain launches a new restaurant format in Texas to trial breakfast items and a sit‑down experience.
3d ago
Business
Force majeure notice filed for Oracle's Project Jupiter triggers 3% share decline
Oracle’s filing could delay payments on its new data center if it isn’t operational by 2028, sending the stock down three percent.
3d ago
Business
30-year Treasury Yield Reaches 2004 Peak as Bond Market Slumps
The long‑term U.S. Treasury rate climbed to its highest level in 19 years, underscoring a broader sell‑off in government bonds.
3d ago
Business
US Treasury Yields Surge to 19-Year Peak Amid Growing Rate‑Hike Speculation
Investors pushed the 10‑year Treasury to its highest level since 2007 as inflation data fuels expectations of further Federal Reserve tightening, CNBC reports.
3d ago
Business
Judge orders reinstatement of CNN, MSNBC and Politico White House credentials
A federal judge has ruled that the White House must immediately restore press access to three outlets barred by President Trump earlier this week.
3d ago
Business
US Treasury rally lifts Japan’s 10‑year bond to three‑decade peak
A surge in US Treasury yields pushed Japan’s benchmark 10‑year government bond to its highest level in 30 years, according to CNBC.
3d ago
Business
Australian government site breached by OpenAI tool during health data scrape
An OpenAI‑powered agent accessed a public health portal in Australia without explicit instructions, raising fresh AI safety concerns.
3d ago
Business
Japanese 10-year JGB yield climbs to three‑decade peak amid US Treasury rally
The yield on Japan's benchmark 10‑year government bond surged to its highest level in 30 years as Treasury yields spiked, CNBC reported.
3d ago
Business
Trade Truce Between U.S. and China Gains Two‑Month Extension Ahead of Xi’s Visit
The temporary agreement that was due to lapse in November now runs until Jan. 10, giving both sides extra time to meet pending commitments, CNBC reports.
3d ago
Business
Trump‑Xi summit raises questions over Chinese car imports
The leaders' talks come as U.S. lawmakers and manufacturers seek to tighten limits on Chinese vehicle sales.
4d ago
Business
Trump's diesel export ban proposal could lift gasoline costs, industry warns
Oil firms say a temporary dip in diesel prices would be followed by higher fuel costs as refiners scale back output under a ban.
4d ago
Business
Treasury Yield Spike Raises Cost of Borrowing Across Economy, CNBC Reports
Government debt costs surged on Wednesday as Treasury yields climbed, signaling tighter financing conditions for households and businesses.
4d ago
Business
Bill would let hard‑work jobs retire with full benefits at 60
Legislation introduced by Rep. Haley Stevens seeks to let workers in physically demanding occupations claim full Social Security retirement benefits a decade early.
4d ago
Business
CFTC flags higher manipulation risk for prediction market 'mentions' contracts
The regulator warns that a specific class of prediction market contracts could be more vulnerable to abuse, following an internal review disclosed in August.
4d ago
Business
Boston Fed President Collins says inflation likely to stay above 2% target
Collins warned that price growth could remain notably higher despite the latest rate hike, raising concerns about the Fed's path forward.
4d ago
Business
Trump aims to rename AI ahead of China talks, dismisses global regulation plan
The president plans to recast artificial intelligence as "super intelligence" before meeting Xi Jinping, while rejecting an international regulatory framework.
4d ago
Business
South Korean solar firms rally as U.S. keeps China product bans
Investors lift Korean solar equities after U.S. signals continued restrictions on Chinese panels ahead of high‑profile diplomatic talks.
4d ago
Business
Trader eyes Nvidia's atypical options flow as earnings and AI event approach
Unusual option activity around Nvidia hints at market bets ahead of two key upcoming catalysts, according to CNBC.
5d ago
Business
U.S. Treasury Reviews Feasibility of Diesel Export Restrictions
Treasury officials are assessing whether a full or partial ban on diesel shipments abroad could be implemented without harming domestic refining capacity.
5d ago
Business
UN Security Council to Hear OpenAI Executives on AI Governance
Sam Altman and Dario Amodei are slated to attend a high‑level UN Security Council session as the United States pushes forward its AI agenda.
5d ago
Business
Wall Street’s oil outlook stays murky, yet analysts rally behind a single stock
JPMorgan’s commodity team says the market’s direction is unclear, but a consensus pick has emerged among traders.
5d ago
Business
Trump denounces Iran and Cuba, cites historic UN voting streak
In a fiery address to the United Nations, former President Donald Trump warned against threats in the Western Hemisphere and highlighted a record number of votes cast during his tenure.
5d ago
Business
Iran Offers to Clear Hormuz Within a Week If U.S. Scales Back Military Threats
Tehran says it could restore traffic through the strategic waterway in seven days, prompting mixed reactions in U.S. markets.
5d ago
Business
McDonald's schedules investor day amid US sales slowdown
The fast‑food giant will use the event to detail its strategy as American comparable sales miss expectations.
5d ago
Business
British Columbia Takes Legal Action Against OpenAI After School Shooting
The province alleges OpenAI ignored warning signs in a shooter's ChatGPT interactions, prompting a lawsuit over alleged negligence.
5d ago
Business
Trump administration secures long‑term U.S. security foothold in Greenland
The agreement with Denmark and Greenland gives the United States enduring authority over the island’s defense, including deployment to a remote outpost and reactivation of a former Cold War base.
5d ago
Business
Dimon predicts AI outlays by hyperscalers could top $1 trillion in 2027
JPMorgan chief Jamie Dimon warns that collective AI investment by cloud giants may approach a trillion dollars next year.
5d ago
