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1 min read

India slashes windfall tax on crude petroleum

The central government has reduced windfall tax on crude petroleum, according to a government notif…

ANI   


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8 mins read

Why Americans won't do the one thing that would bring down high prices

People say the economy is bad and everything is too expensive, but they still spend a lot of money …

Emily Stewart   


Business Insider Latest Story Image
2 mins read

Gen X is feeling the negative effects of inflation more than any other generation

Inflation worries continue to rise and no group is feeling the pinch more than Gen X.

Cork Gaines   


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3 mins read

As the heat goes up this summer, so do cooling costs

The average cost to cool homes could be $719, a nearly 8% increase from the same period last year.

Catherine Boudreau   


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3 mins read

Inflation unexpectedly cools off as the Fed decides its next move

The Consumer Price Index increased 3.3% year over year in May, which is less than the 3.4% increase…

Madison Hoff   


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3 mins read

Inflation slows again as gas prices tumble to earth

The Consumer Price Index climbed 3.1% year over year after a 3.2% rise in October.

Madison Hoff   


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4 mins read

Americans are sick of tipping culture and scaling back everywhere from restaurants to hair salons

A survey found some US adults think "tipping culture has gotten out of control." Bankrate's Ted Ros…

Madison Hoff   


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2 mins read

The boss of Russia's biggest bank said the country's economy is 'definitely and strongly overheated'

Russia's economy is driven by wartime activities, government subsidies that steady the economy, and…

Huileng Tan   


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7 mins read

It's not just JLo: Why big musical acts can't sell out concerts anymore

Concerts are being canceled and postponed as artists from Jennifer Lopez to the Black Keys are havi…

Emily Stewart   


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6 mins read

Uber and Lyft drivers are seeing more trips that pay them $3 or less. They say it's another example of declining driver pay.

Ride-hailing drivers are reporting $3 or lower fares. They say it's indicative of a larger pay issu…

Noah Sheidlower,Jacob Zinkula   


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6 mins read

The steampunk technology that could save America's cities

How an underground maze of abandoned pipes can fix the urban doom loop

Adam Rogers   


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2 mins read

ONGC declares highest ever standalone profit in FY24

The consolidated net profit of the company is also highest at Rs 57,101 crore in FY24. The crude oi…

ANI   


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5 mins read

Sweeping changes to America's aging power grid are on their way to help bypass NIMBY roadblocks and state infighting

The federal government in the last month has made sweeping changes to how upgrades to the power gri…

Catherine Boudreau   


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2 mins read

Recession is coming and a raft of companies will fail, warns elite investor Jeffrey Gundlach

DoubleLine's Jeffrey Gundlach said a recession looks likely as the economy shows cracks, and steep …

Theron Mohamed   


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4 mins read

Oil cos losing close to Rs 3 a litre on diesel, profit on petrol down

State-owned fuel retailers are losing close to Rs 3 per litre on selling diesel while the profit on…

PTI   


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3 mins read

The West can't completely isolate Russian banks because it would be disastrous beyond Russia

The West could still block the access of all Russian banks to SWIFT — but it would come with major …

Huileng Tan   


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2 mins read

Buying a new car could cost you $7,600 a year on top of the sticker price, nearly double a decade ago

The out-of-pocket cost for new cars can be over $7,000 annually, more than double what it was a dec…

Cork Gaines   


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2 mins read

Inflation held steady in September as housing and gas prices keep going up

The Consumer Price Index increased 3.7% over the year in September, new data out Thursday showed, t…

Madison Hoff   


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1 min read

Most retirees say inflation has them worried they'll outlive their savings, Schroders survey shows

Inflation is a top concern for retirees, with 89% surveyed saying it will erode their assets, and 6…

Yuheng Zhan   


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Police in India shoot tear gas at farmers protesting for better crop prices

Police in India fired rounds of tear gas at farmers protesting government policies. The farmers are…