All indications are that Kyle Dubas, the Pittsburgh Penguins’ president of hockey operations and general manager, s has ownership’s permission to spend to the salary-cap ceiling during the coming season, when it will spike to $95.5 million.
That doesn’t mean he will – or even, should — do so.
» Read more about: Penguins Must Invest Wisely; When Does Johnson Cash Out? »
NEW YORK — Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war.
Each of the world’s two largest economies agreed to take down temporarily most of its tariffs against the other, which economists had warned could start a recession and create shortages on U.S.
Sydney financial planner Tony Davison has a controversial piece of advice for people planning to retire in their 60s: start earlier – that is, the retirement part, not just the planning.
We are living longer and funding our lifestyles costs more. Here are six top tips to help you retire on your terms:
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» Read more about: Why you should try ‘soft retirement’ at 50 »
Get the latest commodity prices in Bengaluru for rice, jowar, jaggery, coriander, chili, potato, onion, tamarind, garlic, and more. Find current rates for grains, pulses, spices, and oils.
(All rates in Rs/quintal)
Rice Fine 4,500-5,800: Medium 4,000-,5,000: Jowar 3,200-3,600: Jaggery cube 5,600-6,000: Jaggery ball 5,200-5,600: Coriander Seed 9,500-16,500: Chili’s fine 21,000-26,000: Potato Big UNQ: Medium 2,000-2,400: Onion Big 1,200-1,500: Medium 800-1,200: Small 400-800: Tamarind 11,000-18,000: Garlic 3,000-12,000: Horsegram 5,200-6,000: Wheat 3,000-4,000 Turmeric 14,800-18,000: Turdhal 12,000-13,000: Green Gram Dhal 9,800-11,000: Black Gram Dhal 9,600-14,200: Bengal Gram Dhal 7,300-8,400: Mustard 7,200-8,300: Gingelly 15,800-17,200: Sugar 4,000-4,400: Groundnut Seed 12,800-14,000: Copra 20,000-21,500.
» Read more about: Commodities Prices in Bengaluru: Latest Rates »
WASHINGTON (AP) — Senate Democrats have blocked legislation to regulate stablecoins, a form of cryptocurrency, after arguing that the bill needed stronger protections and airing concerns that it could help President Donald Trump enrich himself.
The bill, which would regulate how stablecoin issuers operate in the U.S.,
A Nanaimo mutual fund dealer who “misappropriated” nearly $6 million from elderly and disabled clients has been fined and barred from the investment services industry,
» Read more about: B.C. mutual fund dealer ‘misappropriated’ $6M from elderly, disabled clients »
In an announcement at Berkshire Hathaway Inc.’s (BRK.A, BRK.B) May 2025 annual shareholder meeting that surprised even his chosen successor, Warren Buffett made it official: He’s passing the torch for the $1.2 trillion empire he built at year’s end. While Greg Abel was designated his successor in 2021,
» Read more about: Warren Buffett's Next Chapter: What's the Oracle of Omaha Likely to Do Next? »
Investing
It’s officially an end of an era. Or it will be soon.
Berkshire Hathaway (NYSE:BRK-B) CEO Warren Buffett has announced that he indeed plans on stepping down as the company’s CEO at the end of the year.
» Read more about: 3 Top Stock Picks Warren Buffett Would Approve Of »
A trade agreement between the U.S. and China on Monday slashed tit-for-tat tariffs between the world’s two largest economies and triggered a surge in the stock market.
The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%.
» Read more about: What's in the US-China trade framework? »
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UBS financial advisor Ryan Lynch and Michael Lee Strategy founder Michael Lee weigh the market reaction to global trade negotiations and economic data out this week.
President Donald Trump said Monday that his administration reached an agreement with China to temporarily lower tariffs while the two sides negotiate a final agreement,
» Read more about: Trump says China deal will open up market for US businesses »
