The state governmentt is looking to capitalise on the emerging trend of the events industry preference towards cities that offer both contemporary comforts & cultural experiences. TOI examines how the govt is prioritising meetings, incentives, conferences and exhibitions (MICE) tourism.
A remarkable two-month sprint higher for the major U.S. stock-market indexes encountered its first major hiccup on Friday, as the Nasdaq Composite plummeted more than 1,121 points — its biggest one-day point drop on record, according to Dow Jones Market Data. That translated to a 4.2% decline for the Nasdaq, the biggest in percentage-point terms since April 10, 2025, data showed. A 2.6% drop for the S&P 500 on Friday was its worst since Oct. 10.
Bitcoin experienced a significant drop below $60,000, its lowest point since October 2024, following a surprise selloff by prominent corporate holder Strategy. This move, despite the minimal amount, rattled market confidence, as the firm was perceived as a consistent accumulator. Analysts suggest long-term investors may see this dip as a buying opportunity amid potential legislative tailwinds.
ISLAMABAD – Gold prices in Pakistan opened the last day of the business week (6 June 2026) at Rs467,816 per...
Setting money aside every month is a sign of disciplined financial planning, but the intent and outcome of saving money versus investing it are quite different.
BitcoinWorld Cardano Summit 2026 Canceled After Community Votes Down $2M Budget Proposal The Cardano Foundation’s planned Cardano Summit 2026 has been officially canceled following a community vote that rejected the event’s budget proposal. The decision, first reported by The Block, marks a significant moment for the Cardano ecosystem, demonstrating the real-world impact of its on-chain governance mechanism. Budget Proposal Falls Short by 1.46% The proposal requested approximately [...] This post Cardano Summit 2026 Canceled After Community Votes Down $2M Budget Proposal first appeared on BitcoinWorld .
The U.S. stock market had its worst day since October as a sell-off in big technology companies weighed down the broader market. Bond yields surged as a strong jobs report boosted expectations that the Federal Reserve will be forced to...
David Sacks, chair of the President's Council of Advisors on Science and Technology and former White House AI and Crypto Czar, has criticized US Senator Bernie Sanders' proposal to give the public a 50 per cent ownership stake in major American AI companies, warning that government control of artificial intelligence could lead to a "CCP-style social credit system" in the United States.
Washington, June 6 (IANS) President Donald Trump has hailed stronger-than-expected US jobs growth in May, saying the latest employment figures showed the economy was outperforming forecasts despite ongoing tensions with Iran.Speaking at an agriculture roundtable in Chippewa Falls, Wisconsin, on Friday (local time), Trump said the US economy added 172,000 jobs in May."For the third month in a row, the jobs numbers ... smashed all expectations," Trump said.He said economists had projected far fewer jobs."172,000 jobs were created in May," Trump said. "Experts predicted 30,000 jobs."Trump described the figures as the strongest employment report of his current administration."These are the strongest job numbers of the entire administration so far," he said.The President also pointed to gains in manufacturing and construction employment."In a single month, we added 7000 new manufacturing jobs and 17,000 new construction jobs," Trump said.He said earlier employment reports had also been revised higher."The previous two months were revised upward by nearly 100,000 jobs," Trump said.Trump used the occasion to criticise the Federal Reserve's approach to interest rates, arguing that economic growth, rather than tighter monetary policy, was the best way to contain inflation."When you have great job numbers, the stock market goes down because they think interest rates will go up," he said."You know what else stops inflation? Growth actually stops inflation."The President also renewed criticism of Federal Reserve Chairman Jerome Powell, whom he has frequently accused of keeping interest rates too high.Trump said former Federal Reserve governor Kevin Warsh would "do a fantastic job".Beyond the labour market, Trump argued that investment commitments and factory construction were driving economic momentum."We're building more plants than at any time in the history of our country," he said.Trump claimed the United States had attracted "$18 trillion" in investment commitments since he returned to office.He also highlighted wage growth, particularly for manufacturing workers."For manufacturing workers, wages are up more than 8 per cent since I took office," Trump said.The President linked the economic gains to his administration's trade, energy and tax policies. He argued that lower energy prices and increased domestic investment would continue to support growth in the months ahead.
SpaceX's massive $75 billion IPO is set to launch next week, potentially valuing the company at $1.75 trillion. Investors are watching closely amid fears of market overexuberance, especially after recent job data fueled concerns about hawkish monetary policy. Key tech earnings and inflation data will also shape market sentiment.
The Global Mobile Healthcare App Development Market Study, a comprehensive analysis of the market that spans more than 145+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process
Bitcoin slipped under the $60,000 mark for the first time since October 2024, turning from a...