Business News
RBI names 16 leading NBFCs in its upper layer list
livemint.com - 30 Sep 2022 22:19
RBI's scale-based NBFC regulation announced in October 2021 has four layers: base layer, middle layer, upper layer and top layer.
Ketanji Brown Jackson Bravely Infiltrates Shadowy Alt-Right Group
The New Yorker - 30 Sep 2022 21:44
Having already plotted to destroy women's bodily autonomy, the group is currently scheming to eliminate voting rights and marriage equality.
Electric bills hit $50,000 for California mansion owners amid heat waves and high supply costs for power companies
Business Insider - 30 Sep 2022 21:41Naomi Campbell Closed The Messika High Jewelry Show At PFW While Gigi Hadid Watched Front Row
Forbes - 30 Sep 2022 15:00
Campbell showcased the hero set from the house's Beyond The Light collection -- the Akh-Ba-Ka -- with its choker totalling 71.5 carats.
England's Crackdown On Junk Food Is Just Starting
Forbes - 30 Sep 2022 19:33
Controversial junk food bans kick off this weekend in the U.K.
Why Bag Bans Are Nothing But Absurd Virtue Signaling
Forbes - 30 Sep 2022 14:00
One unnecessary, aggravating and unhealthy feature of life these days is the war against bags.
Geico workers accuse company of aggressive tactics to deter union push
The Guardian - 30 Sep 2022 13:00
Workers at the US insurance company vow to continue their efforts to organise as an independent labor movement takes hold Workers at an office of US insurance giant Geico have embarked on a unionization campaign in the f...
: Biden's $10,000 student-debt cancelation is a game-changer for borrowers' wallets -- but will it help their credit scores?
Market Watch - 30 Sep 2022 05:33
The financial implications of the Biden administration's loan-forgiveness plan go beyond debt balances.
Nike's Inventories Jump 44% Ahead of Holiday Season
Wall Street Journal - 30 Sep 2022 02:27Toyota's president said he 'did a little happy dance' after the company dethroned GM to become the bestselling carmaker in the US last year
Business Insider - 30 Sep 2022 16:41'Big Short' investor Michael Burry sounds the alarm on shaky markets - and fears a worse disaster than the financial crisis
Business Insider - 30 Sep 2022 16:32Metals Stocks: Gold, silver recover as dollar holds below 20-year highs
Market Watch - 30 Sep 2022 16:23
Gold futures traded modestly higher on Friday, along with the rest of the precious metals market, as the U.S. dollar eased off of 20-year highs reached earlier this week.
Market Snapshot: U.S. stock futures pare gains, cling to green as another rough quarter concludes
Market Watch - 30 Sep 2022 16:08
U.S. stock index futures on Friday were modestly higher ahead of the end to another difficult quarter, with August inflation data and speeches by Federal Reserve policy makers due also.
For Some Luxury Brands, Selling Up May Be as Important as Selling
Wall Street Journal - 30 Sep 2022 15:22
Burberry's new creative designer Daniel Lee could lure new shoppers--and perhaps a deep-pocketed buyer too.
I went inside the Starbucks 'cupping room', where employees taste 100 cups of coffee per day and saw why it's essential to the chain's success
Business Insider - 30 Sep 2022 15:10Down 74% This Year, What's Next For Xpeng Stock?
Forbes - 30 Sep 2022 15:00
Over the last month, the stock has declined by about 26% amid concerns about interest rate hikes, continued high inflation, and signs of a weakening global economy.
The security of Europe's oil and gas pipelines is at risk after the suspected Nord Stream sabotage. Here's a map of the sprawling network.
Business Insider - 30 Sep 2022 14:53UK is only G7 country with smaller economy than before Covid-19
The Guardian - 30 Sep 2022 14:33
ONS says GDP grew by 0.2% in three months to June, suggesting Britain is not in recession A weaker than expected recovery from the coronavirus pandemic has left the UK as the only G7 country with a smaller economy than i...
Bitcoin profitability for long-term holders decline to 4-year low: Data
Coin Telegraph - 30 Sep 2022 13:55
The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle.
Eurozone Inflation Hits 10% as Power Suppliers Scramble for Reserves
Wall Street Journal - 30 Sep 2022 13:35Is Citigroup Stock Attractive At The Current Levels?
Forbes - 30 Sep 2022 13:00
Citigroup's stock (NYSE: C) has lost 28% YTD, as compared to the 22% decline in the S&P500 over the same period.
Economist explains why recession is likely unavoidable in the U.S.
USA Today - 30 Sep 2022 13:00
Georgetown Professor Nada Eissa explains why she believes the Fed's actions to get inflation under control will likely lead to a recession.