Palash Ghosh

6571-6600 (out of 7238)

Palash has worked as a business journalist for 21 years in New York.

When interest rates rise so do stock prices

There are now increasing concerns that rising Treasury yields will begin to push stock prices lower and punish new entrants to the equity market. Our view is that there is still plenty of room for risk-free interest rates to rise without having a negative impact on the current equity rally.

Consumer prices rise in January

U.S. core consumer prices rose at their quickest pace in more than a year in January, government data showed on Thursday, but the increase was not strong enough to suggest a build-up in inflation pressures.

Who could play Hosni Mubarak in the inevitable movie? (SLIDESHOW)

Who could play the leading (and tragic role) of Mubarak? There are not many Arab actors in Hollywood – Arab characters have traditionally been played by East Indian, Italian and Hispanic actors (think of Anthony Quinn in “Lawrence of Arabia”). Here are some possibilities for the role of a lifetime:

Family Dollar shares jump on buyout bid

Shares of Family Dollar Stores Inc. (NYSE: FDO) are soaring after the discount retailer confirmed late yesterday that it has received an unsolicited bid from the Trian Group, a New York hedge fund, at a price of $55 to $60 per share.

California Governor orders state hiring freeze

The governor of California Jerry Brown has ordered statewide hiring freeze in order cut government costs, just after abandoned a legal effort to reduce government workers' salaries, as part of a wider plan to cut $363 million from the state bureaucracy.

Stocks fall as retail sales data weighs

U.S. stocks slipped as retail sales raised doubts about the economic recovery. Energy and basic materials equities led the way downward, albeit in moderate trading volume.

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