Majority of Fed Officials Embraced Possibility of Higher Rates at Latest Meeting
A record of the April meeting, Jerome H. Powell’s last as chair, underscored the extent to which the war with Iran has upended the economic outlook. Source link
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EPFO UPI withdrawal explained: How members can transfer PF directly to bank accounts, top points to know
Employees’ Provident Fund Organisation (EPFO) subscribers will soon be able to withdraw provident fund money directly through the Unified Payments Interface (UPI), with testing of the facility already completed, Labour Minister Mansukh Mandaviya said on Tuesday. The move is part of a broader push by EPFO to improve service delivery and simplify access for over…
Jeff Bezos Praises Trump’s Second Term as ‘More Mature’
The Amazon founder and owner of The Washington Post also rejected the idea that he has made changes at his companies to gain favor with the president. Source link
Bajaj General Insurance rolls out riders to lock premiums, expand health cover scope
Mumbai: Bajaj General Insurance has launched health insurance riders that enable buyers to widen the scope of their basic health plan. The `Age shield’ rider enables buyers of health insurance to ensure that the premium escalation with age will not happen unless there is a claim. The policy is aimed at addressing the complaint of…
24K love for gold: Why is India obsessed with the yellow metal?
Once called the sone ki chidiya, India clearly never got over its gold fever. For desis, gold is not just a metal, rather it is rainy-day savings, wedding-season flex, family legacy and emotional support, all rolled into one shiny yellow package. Somewhere between these wedding seasons, festival offers and “bas thoda aur le lete hain”,…
James Murdoch Buys Half of Vox Media
The media scion is buying Vox Media’s podcast network, New York magazine and Vox.com for more than $300 million. Source link
Rupee hits new record low near 97 against dollar, oil prices and bond yields keep pressure on currency
The rupee fell to a fresh record low on Wednesday as elevated oil prices and rising US Treasury yields weighed on investor sentiment, while concerns over prolonged geopolitical tensions and potential global rate hikes continued to pressure emerging market currencies, Reuters reported.The domestic currency touched an all-time low of 96.96 against the US dollar during…
Barney Frank, Gay Pioneer and Liberal Stalwart in Congress, Dies at 86
Often voted the “brainiest,” “funniest” and “most eloquent” member of the House, he was also the first to come out voluntarily and helped normalize being openly gay in public office. Source link
US stock market today (May 20, 2026): S&P 500 nears record high, easing Treasury yields lift sentiment
US stocks moved higher on Wednesday and edged toward their first gain in four sessions as easing pressure in the bond market and stronger-than-expected corporate earnings supported investor sentiment.The S&P 500 rose 0.3 per cent in early trade, moving closer to the record high reached last week. The Dow Jones Industrial Average slipped 62 points,…
They Graduated Into the ‘Bleakest Job Market.’ Now It’s Their Children’s Turn.
The New York Times profiled young job seekers in 1991. Today, their own children are entering a work force in flux. Source link