rudrani chakraborty 
New York’s cannabis authority is planning to issue 1,500 new licenses to address the surplus of marijuana that growers have accumulated due to limited legal sales outlets. Cannabis producers have been holding onto excess marijuana because there are only about two dozen legal retailers in the state. John Kagia, the director of policy for … Read more
New York, an unexpected source of diesel supply, has become a notable diesel exporter as Russia’s ban on fuel exports prompts buyers to seek alternative sources. In the past week, three ships, namely the Mantaro I, the Nord Master, and the Sti Queens, loaded over 1 million barrels of diesel or gasoil combined from New … Read more
Emerging-market stocks have recently experienced a decline, reaching their lowest point since March. This drop is due to several factors, including the strengthening of the US dollar and reduced confidence among US consumers, which has made investors more cautious about taking risks. One of the main concerns contributing to this decline is the expectation … Read more
Stock futures pointed to a lower start on Tuesday as the selling pressure that dominated September persisted on Wall Street, following gains in the previous session. Futures linked to the Dow Jones Industrial Average were down by 130 points, or 0.4%. S&P 500 futures and Nasdaq-100 futures both declined by 0.5%. These declines … Read more
British and European Union officials are scheduled to meet on Wednesday to discuss what happens next with electric vehicle tariffs after Brexit. They’re faced with a decision on whether to delay the imposition of tariffs. The topic at hand is the “EV rules of origin,” which are part of the trade agreement between the … Read more
One car company is in the spotlight amid an investigation into electric vehicles coming from China to the European Union, and that’s Tesla Inc. As authorities gathered information for an EU anti-subsidy investigation regarding Chinese EVs, it became evident that Tesla, among other companies, may have benefited from subsidies, as per insiders. Tesla’s … Read more
Alyssa Milligan had a natural talent for sensing when others needed support and kindness. At 23 years old, she had already built strong connections in Tennessee, particularly in the close-knit cycling community of Nashville. Tragically, Alyssa, known affectionately as “Sweet Alyssa” by her mother, lost her life this month when she was struck by a … Read more
In Tokyo, Today’s Asian stock markets faced a tough day on Tuesday due to concerns about two major issues: a potential U.S. government shutdown and the challenges the Chinese economy is currently facing. Japan’s Nikkei 225 index dropped by 1.0% during afternoon trading, reaching 32,357.25 points. Australia’s S&P/ASX 200 also saw a 0.5% decline, … Read more
Companies are being cautious about buying back their bonds at the moment, and this is happening at one of the slowest rates we’ve seen in a long time. It’s a sign that they might be waiting for the right moment to refinance their debt. However, this cautious approach could backfire as time goes on and … Read more
Amazon, the e-commerce and cloud computing giant, is planning to pour $4 billion into Anthropic, an artificial intelligence (AI) startup founded by former members of OpenAI. This strategic move will not only give Amazon a minority stake in Anthropic but also mark the company’s significant entry into the world of generative AI. This AI domain … Read more