top of page
Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.


The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen


3 Mar 2022

Biden Administration Pursues $32.5 Billion Support to Fund Ukraine Crisis and COVID-19 Initiatives

The Index Today

The Biden administration is looking to obtain an extra $32.5 billion in funding from Congress to support their initiatives in tackling the Ukraine-Russia tensions and the ongoing COVID-19 pandemic, according to Reuters.

The Washington Post reported that the U.S. plans to utilize $10 billion in funding to aid Ukraine in bolstering their military and enhancing their cyber-defense sector, while also imposing sanctions against Russia. The remaining $22.5 billion of the total fund will be used to support the nation’s resources to counter the COVID-19 pandemic.

The Post also revealed that the White House is set to present the official request before Congress on Thursday.

©Photo: Financial Times

Clay pottery with table linens
bottom of page