Finance

Fed weighed adjusting bond purchases to provide more help to economy ‘fairly soon,’ minutes show

Federal Reserve officials indicated at their last meeting that adjustments could be made soon to their bond-buying program as the central bank looks to alternate ways it can support the economy. The Fed on Wednesday released minutes from its Nov. 4-5 policy meeting. Officials at that gathering voted to keep benchmark short-term borrowing rates anchored […]

Finance

Key Words: ‘Help is coming — and it’s coming soon’: Dr. Fauci outlines when COVID-19 vaccine will be available to all Americans

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and the leading government expert in infectious diseases for the past four decades, gave his estimate of when a vaccine will be available to all Americans: “We’re talking probably by April.” The veteran immunologist said frontline workers, those with pre-existing conditions, and vulnerable […]

Small Business

Start-ups to soon start getting capital from Uttar Pradesh Startup Fund

LUCKNOW: The Uttar Pradesh Startup Fund is fast gaining traction and will soon start disbursing growth capital to the state-based entities. The fund has garnered interests from the country’s leading alternative investment funds, including venture funds, a government spokesman said here on Friday. The spokesman added that SIDBI, the designated fund manager for the fund, […]

World

Tesla could soon join the S&P 500 — but inclusion isn’t automatic, even with a full year of profitability

Tesla plans to report its second quarter results on Wednesday after the market closes, and all eyes are on the company’s bottom line this period.  That’s because a fourth consecutive quarter of reported profitability on a GAAP basis would make Elon Musk’s electric car company eligible to join the S&P 500 index. Speculation has mounted that the […]