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Новости за 11.07.2024

Ritchie Torres: Biden's news conference won't offer 'political salvation'

TheHill.com 

Rep. Ritchie Torres (D-N.Y.) does not believe President Biden’s press conference after the NATO summit will be “political salvation” for his reelection campaign. "Neither the press conference tonight nor the NBC interview on Monday evening will offer the President the political salvation he seems to be seeking," Torres said in a post to the social...



ATC Telecom converts Rs 160 cr worth Voda Idea debt bonds into equity

Business Standard 

Mobile tower company ATC Telecom Infrastructure has converted Rs 160 crore worth of optionally convertible debentures, issued by Vodafone Idea in lieu of payments, into equity, a regulatory filing said on Thursday. Debt-ridden telecom operator Vodafone Idea (VIL) had issued optionally convertible debentures (OCDs) worth Rs 1,600 crore to ATC, as it failed to pay for rentals of mobile towers. ATC has already converted OCDs worth Rs 1,440 crore into equity in March. "We wish to inform you that pursuant to the terms of OCDs... Читать дальше...

Economists seek lower import tariffs at pre-budget meeting with PM Modi

Economictimes.indiatimes.com 

In a pre-budget meeting in New Delhi, Prime Minister Narendra Modi met with economists who recommended reducing import tariffs on intermediate goods, lowering interest rates, signing more free trade deals, and cutting logistics costs to boost exports. They advocated for agricultural support for farmer producer organizations (FPOs) and emphasized capital expenditure for growth, cautioning about rural inflation.

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Get Ready: The Broadcom Stock Split Happens Tomorrow

InvestorPlace 

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Wall Street is getting ready for the Broadcom stock split. Here's what investors need to know about the event, which kicks off tomorrow.

The post Get Ready: The Broadcom Stock Split Happens Tomorrow appeared first on InvestorPlace.

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Cruz: Democrats will replace Biden with Kamala Harris or Michelle Obama

TheHill.com 

Sen. Ted Cruz (R-Texas) on Thursday predicted Democrats will force President Biden to withdraw from the 2024 race and will nominate Vice President Harris or former first lady Michelle Obama to replace him at the top of the party's ticket. "I put the odds at about 80 percent [Democrats] dump [Biden], and if and when...

Weekly Mortgage Rates Decline, Following the Rate of Inflation

«SFGate» (sfgate.com) 

This article was first published on NerdWallet.com.

Mortgage rates fell in the week ending July 11, with fixed rates seeing their largest week-over-week drop since May.

The 30-year fixed-rate mortgage averaged 6.77%, down 17 basis points from the previous week's average, according to rates provided to NerdWallet by Zillow. A basis point is one one-hundredth of a percentage point.

As inflation cools, so should interest rates

On July 11, the Bureau of Labor Statistics... Читать дальше...


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