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2 mins read

A surprise recession could strike after an unexpected jump in the unemployment rate, economist says

"The labor market, contrary to popular opinion, is contracting," famed economist David Rosenberg wa…

Matthew Fox   


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1 min read

A man robbed a bank days after being found not guilty of robbing a different bank, prosecutors say

A Chicago man, fresh from being acquitted for bank robbery, robbed a different bank hours later usi…

Mia Jankowicz   


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Jennifer Sor   


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1 min read

Gold strikes a new all-time high amid rate-cut optimism and geopolitical turmoil

Gold hit a new all-time record of $2,141.79 per ounce on Tuesday, due to its safe haven appeal and …

Filip De Mott   


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1 min read

Banks need to strike balance between asset creation & protecting people's money: President Murmu

President Droupadi Murmu on Tuesday said that banks need to strike the right balance between the cr…

PTI   


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3 mins read

Indian heatwaves could soon break 'survivability limit', cause 3.4 crore job losses

We saw eight times as many heatwaves this year than usual and five times as many thunderstorms. So …

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1 min read

Bankers strike on Nov 19 to protest 'targeted victimisation' of active union members

The members will strike work in protest against targeted victimisation of bankers for being acti…

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1 min read

High inflation could be here to stay as commodity prices spike again after a 2-year decline, World Bank says

"Global inflation remains undefeated," said Indermit Gill, the World Bank's senior president, addin…

Yuheng Zhan   


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6 mins read

A deadly Israeli strike in Syria ratchets up a years-long shadow war with Iran that could again put US forces in the crosshairs

War experts say Iran may retaliate for the attack in Damascus in part by targeting American troops …

Jake Epstein   


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4 mins read

GM is shaping up to be the hardest hit by the UAW strike

This is the second time in four years that GM has experienced a strike. The current work stoppage h…

Alexa St. John,Nora Naughton   


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1 min read

RBC says these 6 reasons explain why a recession will strike in the first half of 2024

The Wall Street firm assigned a 70% probability for a downturn next year, and it's "expected to inf…

Phil Rosen   


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5 mins read

Insider Today: Big banks are screwed

Citigroup's massive reorg highlights the threat big banks are under. Google is cutting more jobs, a…

Dan DeFrancesco   


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1 min read

New York Community Bancorp surges 42% after striking a deal to acquire the assets of failed Signature Bank

Wedbush upgraded NY Community Bankcorp stock to outperform, citing expected earnings boost from the…

Morgan Chittum   


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3 mins read

Ford says Tesla is 'loving this strike' as it pleads for a deal with the UAW

Analysts at JPMorgan estimate the strike is costing Ford some $44 million per day, more than double…

Nora Naughton   


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5 mins read

US Navy warships are getting their first combat experience against the kind of threats China is banking on in the Pacific

Houthi anti-ship ballistic missiles are less capable than what China has in its arsenal, but the da…

Jake Epstein   


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4 mins read

Two-day Bharat Bandh: Essential services likely to be affected

Some of the essential services related to banking, transportation, railways and electricity are lik…

PTI   


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2 mins read

Central Bank of India staff on strike protesting against vindictive mass transfers

The all-India strike call was given by five unions in the bank. "Violating this Settlement,…

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2 mins read

Three killed during Jenin raids by Israeli forces, including Islamic Jihad terrorist

At least three people including an Islamic Jihad terrorist were killed by Israeli forces during the…

ANI   


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1 min read

IPL Auction: Rovman Powell moves to Rajasthan for whopping sum, SRH breaks bank for Travis Head

West Indies power hitter Rovman Powell went for a whopping sum, while Australia's destructive opene…

ANI   


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2 mins read

Ford and GM could be losing $100 million every week with union workers on strike

The targeted plants so far account for nearly 13,000 workers and more than 14,000 vehicles in weekl…

Alexa St. John