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Finance News — Page 97
Why switching to save money is easier than you might think
UK regulators Ofcom and Ofgem have streamlined switching for broadband, bank accounts and energy suppliers, with Ofcom fining Virgin Media £28m for repeatedly blocking customer cancellations over a th
Vienna’s housing fix doesn’t need deregulation
A data-driven analysis of housing policy challenges finds that while streamlining permitting can boost supply, alternative systems like Vienna’s public housing model achieve affordability without rely
Americans Fear Retirement Setback More Than Death
USA Today reports Americans rank a specific retirement setback as a greater fear than death itself, while Yahoo Finance counters that retirees' inflation worries often exceed the actual financial real
Saylor's BTC Pivot Messaging Muddies Waters: StanChart
Standard Chartered's Geoff Kendrick says Michael Saylor's communication around Strategy's new Bitcoin-backed capital strategy is muddying the near-term outlook for both the company and BTC, urging cle
Bank of Canada set to hold at 2.25% as oil dilemma fades
The Bank of Canada is expected to hold its policy rate at 2.25% for a sixth consecutive decision this week, as falling oil prices and a run of positive Canadian economic data have dissolved the moneta
SK Hynix Raises $26.5B in Record Nasdaq IPO
SK Hynix made a historic Nasdaq debut, completing the largest stock sale by a foreign company and drawing strong investor interest due to its position in AI memory technology.
Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
The stablecoin market shed roughly $10 billion since its May peak, with a $7.7 billion drop in June alone — the largest monthly decline since the 2022 Terra-Luna collapse — though one analyst calls it
SK Hynix CEO: 2027 Will Be Memory's Worst Year
SK Hynix's CEO is warning that 2027 will be the memory chip industry's worst year ever, with shortages projected to extend beyond the decade, even as the South Korean chipmaker marks a historic U.S. s
Quant Small Cap Exits Reliance, Adds 5 Stocks in June
Quant Small Cap Fund, India's fourth-largest small-cap mutual fund with ₹33,739 crore in assets, overhauled its June portfolio by adding five new stocks and completely exiting nine companies, includin
Wall Street Bullish on SpaceX: $2,000 Could Pay Off
Wall Street analysts express strong optimism about SpaceX's valuation potential, with projections suggesting substantial returns for early investors despite the company remaining privately held.
Aldi expands in US cities with $4 almond butter strategy
Aldi is expanding in US cities with a low-cost, high-efficiency model, drawing middle- and upper-income shoppers despite high urban real estate and logistics costs.
Bitcoin bulls Michael Saylor, Adam Back slam BIP-110 Ordinals proposal
Michael Saylor and Adam Back have publicly slammed BIP-110, a Bitcoin protocol proposal aimed at curbing Ordinals-driven blockchain bloat, reigniting a governance dispute reminiscent of the 2015–2017
Retail SIPs Hit ₹32,087 Crore Despite 6.4% Nifty Drop
Retail investors poured ₹32,087 crore into equity SIPs in March—up 7.5% month-on-month—even as the Nifty dropped 6.4% and FPIs dumped a record ₹1.18 lakh crore, AMFI data shows.
India REITs, InvITs AUM to Double to ₹20 Lakh Crore
Avendus Capital projects India's listed REIT and InvIT assets will double from ₹10 lakh crore to ₹20 lakh crore over the next five years, a runway amplified by Sebi's 2026 reclassification of REITs as
Clarity Act Faces Four-Week Deadline Before Recess
The bipartisan Clarity Act, a bill to establish a federal regulatory framework for digital assets, faces a make-or-break moment as senators have roughly four weeks to resolve remaining policy disputes
VW Group to Halve Lineup as China Sales Plunge 36.6%
Volkswagen Group is cutting its vehicle lineup by up to half after a brutal second quarter in which overall sales fell 8.6% and China cratered 36.6%, even as the VW brand posted a 24.9% surge in the U
Altman Insists on $1 Trillion OpenAI IPO After SpaceX Debut
Sam Altman reportedly will not take OpenAI public below a $1 trillion valuation, riding the momentum of SpaceX's $2 trillion IPO debut even as that stock has already given back a third of its post-lis
Fed Cites Tariffs, Iran War, AI in Inflation Surge
The Federal Reserve's latest report to Congress highlights a recent rise in inflation driven by tariffs, geopolitical conflict, and AI investment, while reaffirming its commitment to price stability.
Mid, Small-Cap Funds Beat Flexi-Cap Inflows in June
Mid-cap and small-cap mutual funds attracted more retail inflows than flexi-cap funds in June, marking the first time in 30 months, driven by stronger performance and improved earnings visibility.
Phia Accused of Cookie Stuffing, Suspended From Impact.com
Phia, the shopping startup co-founded by Phoebe Gates (Bill Gates' daughter), has been suspended from Impact.com after a Bloomberg investigation accused it of 'cookie stuffing' — opening background ta
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