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2 mins read

Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato

Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…

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2 mins read

Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans

Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…

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3 mins read

SC to hear plea related to insolvency proceedings against ed-tech firm Byju's on Sept 17

The Supreme Court will hear on September 17 the appeal of US-based creditor Glas Trust Company LLC …

PTI   


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3 mins read

Instagram is rolling out Teen Accounts by default. It's about time.

Instagram will turn on more restrictive settings by default for all users under 18. The "Teen Accou…

Katie Notopoulos   


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3 mins read

This one career mistake may be costing you $300,000 in retirement savings. Here's how to avoid it.

A simple 401(k) adjustment fixes the problem and could add six additional years worth of money in r…

Laila Maidan   


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3 mins read

The 3 biggest themes investors are watching for as earnings season kicks off

"We'll need to see EPS expectations exceeded by high single digits in the aggregate to keep the str…

Matthew Fox   


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2 mins read

Chinese property stocks surge after 3 major cities relax restrictions on homebuying

China's property stocks rose 7% Monday after Shanghai, Shenzhen, and Guangzhou eased homebuying rul…

Kelly Cloonan   


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The biggest threat to the US dollar is America's exorbitant debt load, JPMorgan says

The dollar's dominance could be eroded if the US doesn't address certain domestic issues, JPMorgan …

Filip De Mott   


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Bonds backed by commercial mortgages are a 'disaster' as real estate values crumble, hedge funder says

The CMBS market is in trouble, one hedge fund boss says, as loans on offices across the US are at r…

Jennifer Sor   


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4 reasons to snap up muni bonds amid flashing recession signals, according to Charles Schwab

If even the slightest hint of recession fear has you uneasy, Charles Schwab says muni bonds are a s…

Filip De Mott   


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SEBI bans industrialist Anil Ambani and 23 entities associated with him for trading in stock markets for 5 years

This final order of the market regulator comes after a thorough investigation of allegations, which…

ANI   


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1 min read

Companies around the world are flashing a distress signal not seen since 2009

The number of distressed exchanges, a form of debt restructuring that takes place outside of bankru…

Jennifer Sor   


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Dow crashes 1,000 points and the Nasdaq loses 3% as recession fears fuel market panic

A surprise interest rate hike from the Bank of Japan last week sparked a series of margin calls tha…

Matthew Fox   


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After outrage, Govt clarifies: tax clearance certificate only for people with tax dues, high-value defaulters

As per section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax cleara…

PTI   


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3 mins read

I chose to be the default parent. It's not always easy but it works for our family.

I got laid off while pregnant. I became the default parent to our kids and while it can be hard, it…

Elliott Harrell   


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2 mins read

PIMCO economist says fears of a US debt crisis are overblown - for now

"Previous episodes when federal interest payments (as a proportion of total outlays) reached simila…

Filip De Mott   


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Stock market today: Indexes rise as tech tries to bounce back after chip rout

Jobless claims came in higher than anticipated, bolstering hopes that the Federal Reserve can cut i…

Filip De Mott   


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An ultra-safe corner of the commercial real estate debt market is seeing losses as the sector struggles

Commercial mortgage bonds backed by high-quality properties are showing signs of distress as the ma…

Jennifer Sor   


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The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says

"Two years ago, workers who lost their jobs could simply walk across the street to find new work. T…

Matthew Fox