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Medicare will soon cover obesity drugs, but many seniors may not know

TazaPulseJune 28, 2026

Injection pens for the weight loss treatment Wegovy, manufactured by Novo Nordisk A/S, on display during a news conference in Mumbai, India, June 24, 2025. Dhiraj Singh | Bloomberg | Getty Images Millions of older Americans in Medicare are about to gain access to obesity drugs for the first time — but that landmark shift...

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A ‘perfect storm’ points to a much smaller U.S. auto market by 2040

TazaPulseJune 28, 2026

Ten years ago, a record 17.6 million cars, trucks and SUVs were sold in the U.S. Some forecasts say the country might not come close to that number again. Analysts at consulting firm Bain & Company said several signs indicate the market is about to shrink even more. Falling birth rates, behavioral changes, high car...

Crude, ceasefire and economic data: What’s driving Dalal Street this week

TazaPulseJune 28, 2026

As the new trading week begins, investors are set to focus on a mix of domestic economic indicators and global developments, with geopolitical tensions in the Middle East.Geopolitical developments, crude oil prices and a packed domestic economic calendar are expected to steer stock market sentiment this week, with investors closely tracking the fallout from the...

from inflation to mortgage rates what moved us economy39s report card this week

From inflation to mortgage rates: What moved US economy’s report card this week

TazaPulseJune 28, 2026

The US economy saw both good and bad news this week. Economic growth beat expectations and layoffs stayed low. At the same time, inflation continued to make daily life more expensive with consumers struggling with higher fuel prices, costlier electronics and rising mortgage rates.The latest figures showed inflation accelerating and consumer spending slowing, even as...

hormuz got busy after months now it39s facing another roadblock

Hormuz got busy after months, now it’s facing another roadblock

TazaPulseJune 28, 2026

The Strait of Hormuz, world’s busiest oil chokepoint, was moving again. Now, it’s at risk of clogging up once more.Earlier this week, ship traffic through the passage surged to a three-month high, before slowing sharply on Friday after a fresh attack in the Gulf of Oman brought an international evacuation effort to a halt. MarineTraffic...

Kotak Mahindra Bank CEO Ashok Vaswani to exit after term ends in December 2026

TazaPulseJune 27, 2026

Kotak Mahindra Bank CEO Ashok Vaswani to step down after term ends; lender begins succession search Kotak Mahindra Bank on Saturday said its Managing Director and Chief Executive Officer Ashok Vaswani will not seek reappointment after his current term ends on December 31, 2026, citing personal reasons, prompting the private sector lender to begin the...

How Kohl’s lost its way — and is trying to become relevant again

TazaPulseJune 27, 2026

Kohl’s was once a retail darling, carving out market share as a department store catering to the middle-income American consumer with coupons and deals that drove loyalty. But over the past five years, Kohl’s stock has lost nearly 70% of its value, plummeting as the retailer reported weak sales. As department stores struggle to stay...

Summer box office could lead to first $10 billion year since pandemic

TazaPulseJune 27, 2026

Hollywood is having its best summer since before the pandemic, and that hot streak is putting the annual box office on pace to cross $10 billion for the first time in seven years. The season, which runs from the first weekend in May through Labor Day, has tallied $1.8 billion so far through Sunday. That’s...

GTRI seeks clear DPIIT guidelines on new quality certification regime; warns of fresh compliance hurdles

TazaPulseJune 27, 2026

GTRI has urged the Department for Promotion of Industry and Internal Trade (DPIIT) to issue detailed operational guidelines for the government’s newly notified quality certification mechanism, saying the success of the reform will depend on transparent implementation Trade policy think tank Global Trade Research Initiative (GTRI) has urged the Department for Promotion of Industry and...

Pax Silica Summit: India among 35 countries backed US-led ‘AI Opportunity’ declaration

TazaPulseJune 27, 2026

India joined 34 other countries in backing a US-led initiative to build trusted and resilient supply chains for artificial intelligence (AI), signing the Joint Statement on AI Opportunity at the second Pax Silica Summit in Washington on Thursday. India joined 34 other countries in backing a US-led initiative to build trusted and resilient supply chains...