Bank of America is offering zero down payment mortgages with no closing costs for first-time homebuyers in certain Black and Hispanic neighborhoods in a new program designed to chip away at inequality in the housing market.

Bank loans registered 15.1% growth in July compared with 5.1% a year earlier as large corporates came back to banks. Credit to large industry grew by 5.2% in July against a contraction of 3.8% a year earlier, as per RBI data. Medium industries recorded credit…

A few weeks after offloading a cancer drug under review at the FDA, Forma Therapeutics is packing up the rest of its belongings and heading to a new home: Novo Nordisk, which wants to beef up its pipeline in sickle cell disease. Just weeks after starting a Ph…

A Canadian company has unveiled plans for a fully electric train-style vehicle which could travel at 1,000 kilometres per hour and, it claims, would cost less than a plane ticket to travel on.

Energy Aspects Director of Research Amrita Sen talks about oil and commodity prices and how demand from China is so critical. She's on "Bloomberg Surveillanc...

Thousands of British pubs fear they could be driven out of business. Soaring energy bills have broken the back of these establishments. Pub owners are now de...

Late hours on Wall Street are part of the industry lore, but in a post-pandemic world, banks are still hashing out their official return-to-office policies.

Strategists at RBC added two new names, GFL Environmental and National Bank, to their Canadian Focus List on Thursday, while Scotia was removed from the list.

Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets "under surveillance" as they cover the latest in finance, economics and invest...

Twitter has says that that select users will soon start editing their tweets on the platform after it has done testing it as Trump's social media app have issue

To improve employee retention, Starbucks is testing new store layouts and faster methods for making cold beverages, the Wall Street Journal reported.

Last week someone bought 12,000 puts on Nvidia. This week, big US-China news has made that trade extremely profitable.

Santam says the first half of 2022 was one of the most challenging periods in its history, as severe flooding in KwaZulu-Natal, financial market volatility a...

A widely-followed crypto analyst is predicting that Bitcoin (BTC) is about to be squeezed and subsequently nuked.

African Rainbow Minerals has recorded a double-digit slump in annual profit. The diversified miner’s posted a 13% drop in headline earnings, driven by lower ...

A Policy Forum article published today in Science calls for a new approach to regulating genetically engineered (GE) crops, arguing that current approaches for triggering safety testing vary dramatically among countries and generally lack scientific merit—par…

A paper in the journal Nature on the damage caused by climate change brings into relief the threat that higher temperatures pose on the lives and livelihoods of millions of people at home and overseas.

Tesla’s electric vehicle sales and exports in China have come back up to pre-shutdown levels with 77,000 units delivered in August, according to the latest statistics. The automaker has had a tough year in China due to COVID restrictions leading to factory sh…

Holding more cash can be a tactical decision as managers wait for deals.

The synthesis and study of radioactive compounds are naturally difficult due to the extreme toxicity of the materials involved, but also because of the cost and scarcity of research isotopes.

For the next six months, a camera system on the exterior of the International Space Station (ISS) will be snapping photos of more than a dozen different material samples, gathering detailed information that will help researchers determine how—and why—the hars…

Earth sciences professor Catherine Neish led a team of Western students to Iceland for two weeks to test drones and rovers working together for future NASA space missions.

In spite of ongoing political tensions and disrupted spacewalks, the 37-foot-long arm is finally making its first tentative steps in orbit.

Wherever the production of harmful greenhouse gases cannot be prevented, they should be converted into something useful: this approach is called "carbon capture and utilization." Special catalysts are needed for this. Until now, however, the problem has been …

Prototype designed using chemical in crustacean shells remains 99.7% efficient after about 400 hours