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Amazon's Prime orders are getting delivered faster and faster

Amazon said it delivered over 2 billion items "the same or next day" last quarter.

Jordan Hart   


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Market salutes Modi's third term: Sensex-Nifty open at all-time high

Indian stock indices continued their uptrend from the past week and opened at fresh record highs at…

ANI   


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Amazon Prime Day delivery workers say they're planning to grab early-morning shifts and take toilet paper with them

Amazon Prime Day is one of the busiest times of year for Flex drivers as they deliver packages. Som…

Alex Bitter   


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Amazon Fresh is the latest retailer to cut prices to win over inflation-weary shoppers

Amazon Fresh's stores and website will offer discounts of up to 30% on 4,000 items as inflation kee…

Alex Bitter   


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Pain is coming for 2 sectors as high rates cut off the 'lifeblood' of easy leverage, billionaire Oaktree founder Howard Marks says

Tighter lending conditions means pain is coming for real estate and private equity, Howard Marks sa…

Jennifer Sor   


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Ghost shopping malls surged 59% in 2023, 16 retail centres shut across top cities

In 2023, there has been a sharp rise in low-performing shopping malls with approximately 13.3 milli…

ANI   


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RBI may hike benchmark lending rates by 25 bps in April: DBS

The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly pol…

PTI   


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4 mins read

What is the federal funds rate?

The federal funds rate is the interest banks charge each other for overnight loans. Set by the Fede…

Karen Fernandez   


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Stock market today: S&P and Nasdaq futures rise as retail sales dip calms inflation fears

Wall Street cheered an unexpectedly sharp drop in retail sales after inflation in January came in h…

Theron Mohamed   


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Expect RBI to again pause repo rate in February policy meeting: SBI Research

The Monetary Policy Committee of the Reserve Bank of India (RBI) in its February review meeting is …

ANI   


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Only time will tell how long interest rate will remain high: Shaktikanta Das

Interest rate is likely to remain high for the moment, Reserve Bank Governor Shaktikanta Das said, …

PTI   


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Fitch expects RBI to cut interest rates by 75 basis points in FY25

The Indian central bank is expected to cut interest rates to the tune of 75 basis points in FY25, b…

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HDFC raises lending rates on housing loans by 5 basis points

The hike in rates came close on the heels of central bank RBI's recent hike in repo rate by 40 basi…

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RBI hikes GDP growth projection for FY24 to 7.3%, keeps rates, stance unchanged

The Reserve Bank of India (RBI)’s rate setting panel – the Monetary Policy Committee – has decided …

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3 mins read

Amazon warehouse workers suffer muscle and joint injuries at a rate 4 times higher than industry peers

Amazon workers are four times as likely to incur strains, sprains and other repetitive stress injur…

Katherine Long   


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2 mins read

RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth

In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…

ANI   


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Commercial real estate lending plunged 50% last quarter as the market struggles to break out of its 'logjam,' MBA says

Commercial real estate lending has plummeted 44% from the start of the year, according to data from…

Jennifer Sor   


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RBI expected to hold rates on uncertainty over new COVID-19 variant

The Monetary Policy Committee meeting of the central bank will be held between December 6-8. …

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Commercial real estate lending plunged 53% last quarter as sector hits a 'logjam'

"High interest rates, uncertainty about property values, and questions about some property fundamen…

Jennifer Sor   


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3 mins read

'Expect retail to be a bright spot': Here's what Wall Street expects from Amazon's 4th-quarter earnings report

"Amazon is most liked and most owned across our group, but that does not deter our view that the st…

Matthew Fox