Fired SpaceX employees sue the company for wrongfully terminating critics of CEO Elon Musk
NEW YORK (news agencies) — Eight former employees sued SpaceX and its CEO Elon Musk, alleging that Musk ordered them...
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Key highlights of Budget 2024-25
The government of Pakistan presented the budget for the fiscal year 2024-25 on Wednesday. media takes a look at some...
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Budget 2024-25 updates: FBR’s tax target 38% higher at Rs12.97trn in coming fiscal year, says Aurangzeb
Finance Minister Muhammad Aurangzeb announced Pakistan’s federal budget 2024-25, targeting a modest 3.6% growth for the coming fiscal year, as...
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Rupee declines marginally against US dollar
The Pakistani rupee depreciated marginally against the US dollar, falling 0.04% in the inter-bank market on Wednesday. At close, the...
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Intra-day update: rupee largely stable against US dollar
The Pakistani rupee remained largely stable against the US dollar, appreciating 0.01% during the opening hours of trading in the...
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Stock market today: Wall Street climbs on hopes for coming cuts to interest rates
NEW YORK (news agencies) — U.S. stocks climbed Wednesday following a surprisingly encouraging update on inflation and a reassurance that...
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Federal Reserve sees some progress on inflation but envisions just one rate cut this year
WASHINGTON (news agencies) — Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent...
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Inflation may have cooled in May, but Federal Reserve is seeking sustained improvement
WASHINGTON (news agencies) — Less-expensive gas likely slowed U.S. consumer inflation in May. But when the government reports the latest...
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Capacity utilisation of Pakistan’s cement industry drops to lowest on record
Capacity utilisation of Pakistan’s cement industry dropped to 54.64% during FY24 (July-April), its lowest level on record, revealed the Economic...
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Rupee sees marginal decline against US dollar
The Pakistani rupee depreciated marginally against the US dollar, falling 0.05% in the inter-bank market on Tuesday. At close, the...
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