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Finance & Markets

Better Short-Term Bond ETF: Schwab's Treasury-Focused SCHO or VanEck's SMB Targeting Municipal Bonds

Key PointsThe Schwab Short-Term U.S. Treasury ETF offers a lower expense ratio and higher yield than the VanEck Short Muni ETF.

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Oil prices rise to six-week highs

NEW YORK: Oil prices rose to a six-week high on Monday as Iran vowed to strike energy infrastructure across the Middle East in response to further US attacks on its assets, the latest escalation in a conflict that has sharply reduced oil supply from the region.

FBR expands list of iron/steel makers subject to Rs5/unit ST

ISLAMABAD: The Federal Board of Revenue (FBR) has expanded the list of iron/steel manufacturers on which sales tax would be charged at the rate of Rs5 per unit of electricity consumed through the electricity bills issued by the respective power distribution companies (Discos).

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