Once dismissed by investors, and still baffling to many Americans, cryptocurrencies like bitcoin have won over supporters from Wall Street to Washington. In July, the president signed the Genius Act, which opens the door for companies like Wal-Mart and Amazon to issue their own digital currencies.
» Read more about: Is cryptocurrency the next big boom or the next big bust? »
Dow Jones futures attract significant bids in the overnight session on Tuesday.
» Read more about: Dow Jones futures bounce back ahead of US inflation data for July »
Stock futures were little changed on Tuesday morning ahead of the highly anticipated release of July inflation data.
Futures tied to the S&P 500, Nasdaq and Dow Jones Industrial Average were down fractionally in recent trading. Major indexes are coming off a slightly lower finish on Monday, after posting their biggest weekly gains since June last week.
The IRI said that the regulatory safe harbor, established under the Pension Protection Act of 2006, provides fiduciaries with a clear and comprehensive standard for selecting both annuity providers and contracts. The safe harbor, enacted under SECURE 2.0, primarily addresses the financial viability of insurers, while the regulatory safe harbor encompasses broader fiduciary duties regarding both the provider and the annuity contract itself.
Hindustan Zinc Limited, India’s only and the world’s largest integrated zinc producer, has become the first Indian company to join the International Council on Mining and Metals (ICMM) – a pivotal milestone that places India firmly on the global map of responsible mining.
A company statement said ICMM is a leadership body of 25 of the world’s leading mining and metals companies committed to advancing sustainable development,
Cybercriminals are exploiting TikTok’s shopping feature to distribute malware and steal funds from unsuspecting users.
Reported by cybersecurity firm CMT360, the scheme involves fraudsters creating convincing imitations of legitimate e-commerce profiles, often using AI-generated content to bolster credibility.
These fake “TikTok Shops” – also seen on Facebook –
» Read more about: Fake TikTok shops linked to malware campaign targeting cryptocurrency »
The closely followed investor’s price target shows just how incredibly bullish she is.
In recent years, Cathie Wood has had the spotlight shining brighter on her. The firm she runs, Ark Invest, offers investors a variety of exchange-traded funds (ETFs) that focus on disruptive and innovative opportunities. In addition to what seems like an exciting investment philosophy,
» Read more about: 1 Top Cryptocurrency to Buy Before It Soars 1,974%, According to Cathie Wood »
Net inflows into equity mutual fund (MF) schemes scaled a record high in July as the market correction and a raft of new fund offerings (NFOs) lifted lump-sum collections. Active equity schemes raked in a net Rs 42,702 crore in July, going past the previous high of Rs 41,156 crore in December 2024.
Systematic investment plan (SIP) inflows continued to scale new highs,
» Read more about: Record equity inflows in July push mutual funds' AUM beyond Rs 75 trn »
These top dividend stocks are steadily marching toward the throne room.
Dividend Kings are the most durable dividend stocks, having increased their payouts annually for at least 50 consecutive years. This resilience is impressive, as they’ve weathered at least seven recessions in that time.
The list of current Dividend Kings is short,
» Read more about: The Next Generation of Dividend Kings: 3 Stocks to Watch »
July saw equity mutual fund inflows hit a record ₹42,600 crore — the highest ever for a single month — despite markets being weighed down by global uncertainty and tariff concerns. Far from pulling money out, investors appeared to use the correction as an entry point.
A Balasubramanian, Chief Executive of Aditya Birla Sun Life AMC,
» Read more about: Why equity funds pulled in record inflows in July despite shaky markets »
