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Michael Jordan’s jersey sells for $12.3 million, while his Ferrari vanished from public view for 24 years before fetching a record $2.7 millionA remarkable jersey donned by basketball icon Michael Jordan fetched an astounding £9.3 million at auction, setting a new benchmark in spor...- Global markets defy bond turmoil as stocks stay near record highsGlobal stocks remain near record highs despite rising government bond yields, geopolitical tensions, higher oil prices and concerns over AI...
- Dollar gets lift from higher yieldsThe dollar is holding steady near a two-month peak, thanks to climbing US Treasury yields amidst global inflation fears. Although US inflat...
- Amazon Now expands to 120 cities, doubles quick commerce footprintAmazon Now was present in 60 cities in mid-September with 750 dark stores, of which 100 were run by third-party operators. With this expans...
- Defense secretary Pete Hegseth’s finances revealed: Bitcoin (BTC USD), more than $1 million in one bank account, retirement assets, stock sales and ETF purchasesPete Hegseth has reported significant financial assets in his latest disclosure for 2025. His holdings include Bitcoin valued between $16,0...
- Agriculture sector binds India-Argentina partnershipArgentine Ambassador Mariano Caucino highlighted the growing economic relationship between Argentina and India during a summit in Mumbai. A...
- In 1935, Grace Groner, a secretary, invested $180 in her employer Abbott; 75 years later, it had grown to about $7 millionGrace Groner made a $180 investment in Abbott Laboratories in 1935 while working as a secretary. She held onto the shares for about 75 year...
- In 2004, Peter Thiel invested $500,000 in Facebook. 8 years later, his early bet had turned into more than $1 billionPeter Thiel put $500,000 into Facebook in 2004, when the company was worth about $5 million. It was a small private business then, not the ...
- India's rice industry looks beyond grain for next billion-dollar opportunityIndia’s rice industry is looking beyond raw grain exports to higher-value products such as noodles, bran oil, protein, specialised ingredie...
- Anthropic's IPO prospectus sharpens focus on AI valuationsAnthropic is betting that AI will reshape the global economy more profoundly than industrialization, electricity and the internet, accordin...
- Global Markets: Tech stocks gain on Anthropic IPO optimism, offsetting high oil, yieldsSovereign yields are an anchor for global markets, a reference price for investing in riskier stocks and a benchmark for mortgages and corp...
- A shopper bought a painting for just a few dollars at a thrift shop in 2024. Experts later linked it to Frans David Oerder, with its value reaching $120,000A painting purchased for under £30 at a thrift store was later valued at up to £18,000. The artwork, created by Frans David Oerder, capture...
- Anthropic's IPO prospectus shows sweeping AI vision, surging costsBut the cost to get there will be staggering. Anthropic reported a net loss of $42 billion in 2025, and plans to spend $518 billion on clou...
- Anthropic targets more than $2 trillion valuation in closely watched IPO despite $42 billion 2025 lossAnthropic is planning an IPO that could value the company at over $2 trillion. Despite reporting a net loss of $42 billion last year, its r...
- Fed rate hikes: What happens to gold prices when US interest rates rise?Cutting through money jargon, one topic at a time. This week Abhinav Kaul explains why US interest-rate hikes can affect gold prices, and w...
- Emerging market investors shun riskiest bonds as US yields soarEmerging-market investors are pulling back from riskier bond investments amid a significant selloff in global credit markets. The recent tu...
- Hurun India Rich List 2026: Gautam Adani overtakes Mukesh Ambani as richest IndianAccording to the M3M Hurun India Rich List 2026, India's wealth has soared to an impressive Rs. 187.5 lakh crore, with Gautam Adani now ecl...
- Rupee's likely to slip despite RBI push for stabilityThe rupee could decline to 96-97 per dollar by the end of FY27 due to several factors. Persistent outflows from Indian financial assets and...
- Kevin Durant started with a $100,000 investment in this AI startup eight years ago; Nvidia’s $12.9 billion deal could make his stake worth $60 millionKevin Durant placed a $250,000 investment in Hugging Face during its inaugural funding phase, setting the stage for impressive returns. As ...
- Explained: What really drives the rupee? Decoding the forces behind currency movesThe rupee’s decline over the past four years reflects a complex interplay of fundamentals, RBI intervention and market sentiment. A Bank of...
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