[ad_1] U.S. stocks climbed to records Thursday, with easier interest rates beckoning on the horizon.The S&P 500 rallied 1% to set its 16th all-time high so far this year. It's been on a terrific run and is on track for its 17th winning week in...
[ad_1] LPG Cylinder Prices: India has cut LPG cylinder prices by a steep 100 rupees per cylinder, a move that will ease cost burden on households across the country in the world's most populous nation that is set to vote for the next government during...
[ad_1] The Reserve Bank of India (RBI) directed lenders Thursday to establish a mechanism to monitor the end use of funds for business credit cards and prohibited them from sharing customers' data with outsourcing partners.This is in the context of the RBI clamping down on...
[ad_1] In the latest instance of tech-first venture capital firms investing in new-age consumer brands with offline presence, Nexus Venture Partners, known for SaaS expertise, is set to lead a $5 million funding round in specialty coffee brand AbCoffee, people in the know said. The...
[ad_1] Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled "The Semiannual Monetary Policy Report to the Congress," in Dirksen Building on Thursday, March 7, 2024.Tom Williams | Cq-roll Call, Inc. | Getty ImagesFederal Reserve Chair Jerome...
[ad_1] Women have borrowed at a faster pace than the overall industry rate on 2023 with the number of women borrowers rising at a faster pace than their male counterparts, a report by credit bureau CRIF Highmark said.The portfolio outstanding of women borrowers grew to...
[ad_1] Konstantin Trubavin | Cavan | Getty ImagesInvestor psychology can be fickle. Consider this common scenario: The stock market hits a rough patch, and skittish investors bail and park their money on the sidelines, thinking it a "safer" way to ride out the storm.However, the...
[ad_1] Finance companies would moderate loan disbursals as they look to boost internal control systems after the banking regulator recently ordered curbs on two high-margin - but potentially risky - business lines: Gold loans and securities financing. Such restrictions would make banks conservative while lending...
[ad_1] Bill Martin, who foresaw the collapse of Silicon Valley Bank in 2023, found his next big short in the troubled New York Community Bancorp and he's standing by his bearish bet even after the bank raised $1 billion in new capital Wednesday. The Rocky...
[ad_1] A United Airlines 737 Max 8Leslie Josephs | CNBCUnited Airlines will pause pilot hiring this spring because of Boeing delivery delays, the latest effect of the plane maker's problems on one of its biggest customers.New hire classes will be paused in May and June...