Did investors learn nothing from last year's market meltdown?

Meme stock mania was supposed to be over, right? Guess what: It's not. more…
Meme stock mania was supposed to be over, right? Guess what: It's not. more…
Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns. more…
Markets are "overpricing" the risk to Indian lenders from their exposure to Adani Group, which was targeted last week in a <a href="/markets/asia/hindenburg-says-holds-short-positions-indias-adani-flags-risks-2023-01-25/">report</a> by short-seller Hindenburg… more…
Grupo Mexico <a href="https://www.reuters.com/companies/GMEXICOB.MX" target="_blank">(GMEXICOB.MX)</a>, the conglomerate controlled by billionaire German Larrea, has secured a $5 billion debt package for its proposed acquisition of Citigroup Inc's <a href="ht… more…
The U.S. Securities and Exchange Commission has asked some major hedge funds to review certain employees' personal mobile phones for evidence of business dealings on unapproved channels, Bloomberg News reported on Thursday. more…
NatWest <a href="https://www.reuters.com/companies/NWG.L" target="_blank">(NWG.L)</a> CEO Alison Rose will face a grilling by British lawmakers next Tuesday over whether lenders are passing on enough of central bank interest rate rises to consumers, after ini… more…
Indian shares pared early gains on Wednesday, while bond yields moved higher as the country's finance minister presented the Union budget, saying the government will focus on economic growth and job creation with a global slowdown in the vicinity. more…
Senegal's President Macky Sall said on Thursday that financing is in place to enable construction to begin in earnest on a $1.13 billion deep-water port being developed by Dubai's state-owned port operator DP World. more…
Indian shares surged on Wednesday after the government raised the minimum tax rebate limit and stepped up spending, while bond yields moved lower after it lifted the gross borrowing for the next financial year in the Union budget. more…
Asian stocks jumped on Thursday while the dollar eased after Federal Reserve Chair Jerome Powell said a "disinflationary" process was underway, boosting risk appetite and hope that the U.S. central bank will soon end its monetary tightening streak. more…
Central bank policy announcements, once viewed as the rule book for how markets should move, are not resonating with traders any more. more…
Britain is facing its most sweeping wave of <a href="/world/uk/uk-set-biggest-strike-action-years-teachers-civil-servants-walk-out-2023-02-01/">industrial action</a> in decades, with workers across sectors including healthcare, transport and education all wal… more…
Relentless selling triggers questions about how Indian conglomerate – which denies allegations – will meet its loan obligations<ul><li>Why has the Adani Group shed US$90bn in value and what do short sellers have to gain?</li><li>Follow our Australia news live… more…
The rich used to pay taxes. Now they loan money to the US government – at a profit that everyone else pays forThe dire warnings of fiscal hawks are once again darkening the skies of official Washington.They’re demanding that the $31.4tn federal debt be reduce… more…
Bank of England and Treasury weigh up issues involved with creating digital poundConsumers could be using a new digital pound as an alternative to cash by the end of the decade under plans being drawn up by the Bank of England and the Treasury.The government … more…
Dame Alison Rose, the head of NatWest, tells MPs her bank is preventing customers from investing in crypto assets, as part of a crackdown on fraud.Danny Blanchflower, a former Bank of England policy maker, has predicted that “collapsing” house prices will pus… more…
Just as the tech blows up in banking, UK startup Evident has created a non-biased index that scores banks on AI development and implementation. more…
Focusing on culture, values, and relationships will help bring in new employees. And tech investment won't just benefit customers. more…
Despite inflation cooling, a strong January jobs report suggests the Fed could stay hawkish for longer, which has provided some support to the dollar. more…
In the GOP of yesteryear, Mitch Daniels would've been a shoo-in for the Senate. His decision to skip the race leaves the GOP with some big questions. more…
Signs of tanking inflation have been "everywhere," and the Fed is finally starting to acknowledge that, Fundstrat's Tom Lee said. more…
The IMF recently said China's real-estate issue needs "further action," and developers just recorded their worst quarter in years. more…
DiCaprio's snail-eating snake is found in Panama and is described as a "docile" reptile that never bites and hangs out on palm fronds and shrubs. more…
You will find financial apps on a majority of smartphones. We often reach our phones to make online banking transactions or check our bank balances. Mobile apps are transforming how we used to perform financial activities, bringing convenience and flexibility… more…
A mild winter saved Europe this winter from the energy crisis but the coming hotter summer will wreak havoc more…
Aliyah Boston looks like a lock to Indiana at No. 1 in April's WNBA draft. Who goes No. 2 to Minnesota, or third overall to Dallas? And which two teams have multiple first-round picks? more…
On “This Is Why,” Paramore is trying to grow up and move on. But it’s the teen-age angst of the band’s early work that still inspires, Carrie Battan writes. more…
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Argentina has long been trapped in external debt owed to foreign imperial powers, causing inflation and crisis: A history of the deuda. more…
After Conroe’s launch in 2006, Intel had an excellent core architecture (Merom). They smacked AMD around in the client space where single threaded performance was king. But in the server mark… more…
Visa and Mastercard support could come later this year more…
In our call of the day, LaDuc says cash is the place to be and that investors are "being paid to wait. They're getting very favorable 4.5% on their sitting cash." more…
A weakening U.S. dollar is seen providing another leg of support for stocks. But an important test may loom, analysts said. more…
Some major mortgage rates inched up over the last week. See how the Fed's interest rate hikes could affect your mortgage payments. more…
This week, a handful of major mortgage rates ticked up. As interest rates surge, it's getting more expensive to buy a house. more…
Lessen your environmental impact while earning rewards. more…
The transcript from this week’s, MiB: William Cohan on GE, Lazard, Goldman & Bear, is below. You can stream and download our full conversation, including any podcast extras, on iTunes, Spotify, Stitcher, Google, YouTube, and Bloomberg. All of our earlier… more…
Researchers have diagnosed 345 former NFL players with chronic traumatic encephalopathy (CTE) out of 376 former players studied, or 91.7%. more…
If you've ever watched the red carpet at the Academy Awards there's a phrase you've probably heard over and over again, and for quite a few decades: "It's an honor just to be nominated." And to be fair, it most certainly is. Although the Oscars were invented … more…
My family is usually itching to get away from home by the time spring break rolls around. After an extended break during the holidays, the first few months of the new year tend to drag on rather slowly, not to mention that the weather keeps us pent up indoors… more…
The second wave of the lineup also includes films "Bottoms" and "Tetris." more…
Anytime the likes of Donald Trump, Greg Abbott, or Tucker Carlson begin inveighing against “caravans” of Central American “aliens” massing at the southern border and set on “invading” the United States, I recall a phrase of V.S. Naipaul’s. When in the late 19… more…
Tehran and Moscow have shown serious political will to expand economic ties, but challenges remain. more…
Central bank wants to reduce cash in circulation to fight inflation but new bills are in short supply ahead of the vote. more…
Apple reports first drop in quarterly revenue since 2019 as China's zero-COVID policy disrupted iPhone output. more…
Japan’s financial regulator is urging regional banks to raise wages for employees, people familiar with the matter said, responding to Prime Minister Fumio Kishida’s call for higher pay with inflation hitting its highest level since 1981. more…
Hello. Today we look at how the markets are making it increasingly difficult for central bankers to defeat inflation, what the Adani saga means for India’s investment and growth prospects, and how Russia’s current account has evolved during wartime. more…
NatWest Group Plc boss Alison Rose has irritated UK lawmakers by refusing to give testimony at a hearing next week on why big retail banks have been slow to pass on higher interest rates to savers. more…
A short seller attack on the conglomerate raises bigger, darker questions about India’s credibility as a destination for global investors. more…
Transactive Systems holds a UK electronic payments license and became a powerhouse specializing in higher risk customers. But regulators in Lithuania have now suspended many of its operations there. more…
A surprising new study has found that urban Black youth living in segregated neighborhoods spent a substantial amount of time in areas with mostly white residents. more…
The house and car will merge -- and change how we power lives... (Second column, 8th story, link) Drudge Report Feed needs your support! Become a Patron more…
Bank of Nova Scotia isn't your typical North American bank, but don't let that scare you away from its monster yield. more…
Sometimes stocks are cheap for a reason. more…
These two megabanks are both in turnaround mode. more…
This Italian football league needs an assist from American lenders. It's no secret that soccer is the most popular sport in the world, but now... more…
Renewed optimism with the stock can't mask business issues beneath the hood. more…
The credit card middleman is right where it doesn't want to be in this economic environment. more…
Like a good relationship, a great investment can actually get better over time. more…
DXC earnings call for the period ending December 31, 2022. more…
NCR earnings call for the period ending December 31, 2022. more…
MSTR earnings call for the period ending December 31, 2022. more…
TEAM earnings call for the period ending December 31, 2022. more…
TW earnings call for the period ending December 31, 2022. more…
MAC earnings call for the period ending December 31, 2022. more…
SMG earnings call for the period ending December 31, 2022. more…
CPT earnings call for the period ending December 31, 2022. more…
EXCLUSIVE: Leading boutique firm, the Daniel Hoff Agency, is celebrating an impressive 30-year track record in entertainment via an expansion into Atlanta with a new office to be led by senior agents Renee Banks and Marta Parrillo. Banks and Parrillo are both… more…
With this year’s domestic box office expected to rise to $9 billion, of course, the major studios are taking Super Bowl LVII ad spots seriously. The big game, which last year attracted 112M viewers, remains an enormous bullhorn when it comes to drawing attent… more…
How can the cement and concrete industry reach net-zero emissions by 2050? McKinsey hosted panelists at the World Economic Forum Annual Meeting 2023 in Davos to offer their insights. more…
The built environment in Europe will need to transform to achieve the EU’s goals for net-zero emissions. This is challenging but will unlock societal benefits and business opportunities. more…
“There’s a lot of scare stories in the media saying hybrid doesn’t work,” says a leading economist. “My one piece of advice is just be intentional, be organized. Basically, get folks in on two, three days a week … and be really tough about having them come in… more…
An organ and seven loudspeakers play a prominent role in a Theaster Gates exhibition at the New Museum. Retrospectives at the New Museum and the Guggenheim, and a historic survey at MoMA, showcase art rooted in music, improvisation and dance. [ more › ] more…
City educators are wrestling with how to respond to ChatGPT. Many educators acknowledged that efforts to block earlier transformative innovations – like calculators and the internet – were unsuccessful. [ more › ] more…
Jim Mahoney was one of Hollywood’s go-to guys. He spent 60+ years in public relations, guiding the public images of Clark Gable, Frank Sinatra, Steve McQueen, Bob Hope, Johnny Carson, Lee Marvin, Burt Lancaster, Christie Brinkley, Peggy Lee, and hundreds more… more…
In the coastal, rainy city of Kanazawa, Japan, landscape architect and researcher Juan Pastor-Ivars discovered something surprising: gardens in the center of this city of 460,000 contain species of animals, plants, and insects that no longer live in the surro… more…
PhonePe recently added a new feature that lets users make payments using UPI in other countries. more…
In its explosive broadside, Hindenburg had accused Adani’s conglomerate of “brazen” fraud and years of stock market manipulation, money laundering, as well as other alleged crimes that it labelled as “the largest con in corporate history.” more…
By linking the Unbanx app to their bank accounts via open banking, consumers can receive compensation for their valuable (and anonymized) purchasing data. more…
While it is a fact that the global economy is slowing down, the Indian economy continues to do reasonably well with drivers like higher investments, consumption and the manufacturing sector gaining as a sourcing base. more…
Significantly higher spending on capex, impetus to manufacturing sector especially MSMEs, and focus on boosting high employment-generating sectors such as tourism, start-ups, renewable energy are also positive steps. more…
The repricing of higher rates began after strong U.S jobs growth in January, with employment rising 517,000, more than double economists expectations. The unemployment rate hit 3.4%, the lowest in more than 53 years. more…
The overall structure of the counter is favorable for investors that are looking to invest at such levels. The stock closed above the 200-SMA moving averages in the most recent trading session. more…
Yes, the FY24 budget builds on the foundation of sustainable growth laid out in the previous budgets while signaling policy continuity with a thrust on public capex, enhancing the ease of doing business and boosting exports and manufacturing. more…
If at all stock crosses above 580 level then it will again resume its uptrend which we have witnessed earlier part of this year. So looking at the overall setup, we are bullish on SBI also with a stop loss of 530. Bank of Baroda is another stock which we feel… more…
I think the market will gain probably more direction in the second half than in the first half but this year is going to be mixed year from a headwind and tailwind perspective and directionally of course we remain positive more…
The Fed is playing killer of the current inflation even though it isn't set up to do so. That's hurting a lot of innocent bystanders. more…
In a rare turn up for the books, the head of state of Latin America's largest economy just accused three of the country's four richest men of engaging in blatant accounting fraud. more…
As the price of everything, including debt, continues to soar, life is getting harder and harder for the UK's heavily indebted businesses. more…
Our scrumptious daily links more…
Galbraith explains why conventional views of inflation are a particularly poor fit for recent price increases and produced bad policy more…
Private equity returns are finally going pear-shaped, but for the most part, investors are re-upping their bets. more…
A meaty discussion of the broader implications of the war in Ukraine. more…
After launching last year, Google Pay is making its first expansion with virtual cards as American Express cardholders can now use the feature on Chrome and Android. more… The post American Express cards can now use Google Pay’s virtual cards on Chrome and A… more…
The LockBit attack forced major companies to switch to manual trade processing, causing significant delays more…
Inflation should be back within Bank’s 2% target range by middle of 2024, Huw Pill addsThe Bank of England is alive to the risk of pushing interest rates too high, its chief economist has signalled, adding to expectations that it could be nearing the end of a… more…
Follow the day’s news liveThe treasurer, Jim Chalmers, is the guest on ABC Radio RN, where he is being asked about the cost of living. The political panic button has been hit because of a line in the RBA’s statement on its interest rate decision yesterday – t… more…
Stablecoin usage continues to climb in 2023, with hundreds of thousands of users relying on these US dollar-pegged cryptocurrencies every day. more…
AI and ML are leaving an indelible mark on banks and financial institution performance. more…
Asian equity markets were broadly higher as Taiwan and South Korea outperformed. more…