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1 min read

Bankruptcies are surging - and Fed rate hikes are to blame, economist says

September saw 62 bankruptcy filings, bringing the year-to-date total for 2023 to 516, more than all…

Aruni Soni   


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1 min read

Swiss Bank UBS gave its CEO an 11% pay hike in 2022, but it cut employees' bonus pool by 10%

UBS awarded CEO Ralph Hamers $13 million as he "successfully led UBS through a challenging year" am…

Huileng Tan   


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5 mins read

Budget 2023-24 highlights: Those with income below ₹7 lakh a year need not pay income tax

The FM today changed the income tax rebate limit from ₹5 lakh per annum to ₹7 lakh per annum in the…

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3 mins read

Fin services will beat tech with the best salary hikes in 2023, says report

India continues to top the list of countries with highest increments, says a WTW report.The WTW rep…

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1 min read

The UAW's blockbuster deal will see Ford workers' pay jump more in 4 years than all pay rises in the past 2 decades combined, the union says

The United Auto Workers union struck a tentative agreement with Ford on Wednesday. The 25% wage inc…

Pete Syme   


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2 mins read

Disney just hiked streaming prices by almost 30% and Wall Street is thrilled

More than $5 billion in cost savings should position Disney to reinstate its dividend by the end of…

Matthew Fox   


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3 mins read

RBI’s lower rate hike as expected, but Das’ commentary still hawkish, say analysts

RBI announced a 35-basis point rate hike on Wednesday, after three consecutive 50 bps rate hikes ea…

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3 mins read

Bharti Airtel, Reliance Jio expected to hike tariffs by 10%, says Jefferies

Telecom providers Bharti Airtel and Reliance Jio could hike tariffs by as much as 10%, according to…

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2 mins read

It's time for the Fed to cut interest rates and bring relief to Americans who 'cannot afford to pay rent,' Elizabeth Warren says

Sen. Elizabeth Warren joined three of her colleagues in pushing for the Federal Reserve to "reverse…

Ayelet Sheffey   


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2 mins read

Boomers are dominating the economy and benefiting from historic rate hikes. BofA explains which stock trades to make as millennials struggle.

Boomers have the wind at their backs, while Millennials are much more exposed to rising rates. BofA…

Aruni Soni   


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1 min read

You'll start seeing ads on Amazon Prime Video today — unless you pay an extra $3 a month to remove them

Amazon Prime Video started showing ads on Monday unless you pay an extra $3 per month to opt-out.

Sarah Jackson   


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5 mins read

Rising interest rates hitting you hard? Here’s how to ensure your home loan is paid off before retirement

You may increase your EMI to up to 40-50% of your income at the most. Prepayment should be consider…

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2 mins read

Here are 4 reasons investors should be paying attention to bonds as a turbulent year nears the finish line

A market veteran broke down how investors should be looking at the bond market as they head into th…

Phil Rosen   


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4 mins read

Airtel’s ARPU improvements to be driven by postpaid subscribers and 5G-powered premiumisation

A ramp up in postpaid subscribers and 5G-powered premiumisation are expected to drive growth for In…

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12 mins read

The life-changing power of the strike: How 500,000 workers refused to work in 2023 — and won big

Like the post-WWII era, the post-pandemic years united workers who underwent a collective experienc…

Alex Press   


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1 min read

Maruti Suzuki to hike prices of model range from April

Maruti Suzuki India on Thursday said it will increase prices of its model range in April to partial…

PTI   


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5 mins read

An Air Force veteran with a back injury turned to Uber and Lyft driving to pay her bills. A few months later, she lost her apartment.

Rene, an Air Force veteran with numerous disabilities, said she's struggling to makes end meet as a…

Noah Sheidlower   


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2 mins read

Finance over tech: Salaries of CFOs double that of CTOs says AON survey

Payment for India CEOs pay had a 20% variable component in 2022-23. The long term incentive(LCI) c…

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2 mins read

Home ownership is now unaffordable in 80% of US counties as costs eat up a bigger share of pay

Amid rising home prices and mortgages rates, ownership costs now suck up 35% of average wages, ATTO…

Filip De Mott   


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7 mins read

ITC stock scales 52-week high as brokerages hike target price

$ITC.NSE posted great Q3 results showing how strong the fundamentals are. Have always told all my c…