Mint Explainer: When and why do companies buy back their shares?
Share buybacks are a tax-efficient way of rewarding shareholders, but may also indicate the company lacks avenues for further growth
Source: livemint.com
Page 15 - Mint Explainer News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Mint Explainer Today - Breaking & Trending Today
US Supreme Court rejects Biden's plan to scrap $400 billion in student loans, President likely to announce new actions
The US Supreme Court has blocked President Biden's plan to cancel $430 billion in student loan debt, ruling that the administration overstepped its authority.
Source: livemint.com
US Fed rate decision: Forget cuts, there may be two hikes this year; should you change your market strategy?
The US Federal Reserve held interest rates steady at its meeting on June 14, but its hawkish tone has caused some concern among investors. Some analysts believe the Fed may be overestimating the inflation trajectory and that it may not hike rates as projected.
Source: livemint.com
Turkey's lira plunges over 7%, hits record low of 23.1 against US dollar
Turkey's lira fell over 7% to a record low as the new-elected government eased stabilising measures and shifted towards more orthodox policies.
Source: livemint.com
Recep Tayyip Erdogan to be sworn in for third term as Turkish president
Despite an economic crisis and criticism over Erdogan's handling of the February earthquake, he won 52.18 percent of the vote while his secular rival Kemal Kilicdaroglu won 47.82 percent.
Source: livemint.com