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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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2 mins read

How much will Elon Musk’s do-it-all Optimus Gen 2 humanoid cost you? And is it worth it?

Elon Musk unveiled the Tesla Optimus Gen 2 humanoid robot and promised it would become a household …

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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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2 mins read

Household consumption to surge in Q2 as inflation eases, rural demand revives

Rural areas are witnessing a revival in demand, with increased purchases of fast-moving consumer go…

ANI   


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1 min read

Retiree spending helped thwart a US recession. But boomers are losing a key financial advantage.

Spending among retired consumers is slowing down amid weaker boosts to Social Security incomes, Ban…

Filip De Mott   


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2 mins read

At Rs 2 lakh per year, Indians are among the top spenders on clothing globally: Study

Things like rapid urbanisation, westernisation, our increasing disposable incomes and a growing you…

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2 mins read

Indian economy likely to grow at 7-7.2 percent in FY25,Deloitte India says

Deloitte India forecasted a 7-7.2% growth rate for the Indian economy this fiscal year, citing stro…

PTI   


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3 mins read

‘Confident’ Indians might splurge on big-ticket items in 2024

The ghost of the pandemic is now a thing of the past. Consumer confidence index which hit a five-ye…

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3 mins read

A new housing plan wants to give middle-class Americans the kind of support typically reserved for low-income households

The HOMES Act would cap rent at 25% of tenants' incomes, and offer homebuyers affordable mortgages.

Eliza Relman,Juliana Kaplan   


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4 mins read

With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?

Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…

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2 mins read

Monthly household consumer spending more than doubled in last decade

The per capita monthly household expenditure more than doubled in 2022-23 as compared to 2011-12, a…

PTI   


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9 mins read

What screams 'status' on Wall Street? Here's how the movers and shakers of finance are spending their money.

Wall Street's spending habits have changed. See what dealmakers, junior bankers, and other financia…

Emmalyse Brownstein   


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6 mins read

Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget

From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…

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3 mins read

I'm 31 and I live with my parents and grandmother. I'm not ashamed of it, and I love my multigenerational household.

I'm 31 and live with my parents and grandmother. It wasn't always my plan to move back home, but I …

Ces Heredia   


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7 mins read

How Bear Grylls spends his 5 to 9 — from walking barefoot outdoors to cold plunges

Bear Grylls, the world's most famous survivalist, shares how he spends his downtime with Business …

Rachel Hosie   


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2 mins read

Millennials and Gen Z's trendy new splurge: groceries

Younger generations say they plan to spend more on groceries than travel, beauty, apparel, and fitn…

Lakshmi Varanasi   


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3 mins read

Host of Netflix's 'How to Get Rich' says these are the 2 spending habits that people mess up

Buying a home or a car comes with big costs most people overlook due to a "religion" around ownersh…

Dominick Reuter   


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2 mins read

China's population decline is having a big impact as marriages, diamond sales, and retail spending drop

Just 3.4 million couples in China got married in the first half of 2024, a 50% decline from what wa…

Jennifer Sor   


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2 mins read

Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: report

It comes as the Kremlin battles rising inflation and warnings that the economy is overheating.

Rebecca Rommen   


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4 mins read

Americans aren't spending like they used to, and it's forcing a reckoning for companies from Starbucks to Whirlpool

Companies pushed prices higher and higher over the past few years. Now, people have had enough. Nea…

Alex Bitter,Dominick Reuter