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.

Forex

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

Economy

17 Jan 2022

Thousands of Flights Suspended as Winter Storm hits Canada and the U.S. East Coast

The Index Today

A massive winter storm has hit the eastern coast of the United States and the Canadian province of Ontario on Sunday, marked by sleet, high winds, and heavy snowfall.

Alabama, Virginia, North Carolina, South Carolina, Georgia, and Maine have issued weather alerts as the storm triggered emergencies in these states.

In Canada, the inclement weather is set to bring forth a snowfall of 20-40cm on Monday, possibly extending school reopening in the province which had already been postponed due to the persisting threat of the Omicron.

According to FlightAware, over 3,000 flights have been cancelled in the United States with an additional 8,000 delays. The Pearson International Airport in Toronto — the busiest in Canada — is expected to be swamped by snow as thick as 15-20cm.

©Photo: Shutterstock

Clay pottery with table linens
bottom of page