This Isn’t the First Time the Fed Has Struggled for Independence
The Trump administration is threatening the Fed’s autonomy, which the central bank regained with the Treasury-Fed accord in 1951. Source link
Business
Read More
Budget 2026: CII pitches demand-led, faster privatisation of PSEs; seeks three-year pipeline
Industry body Confederation of Indian Industry (CII) has called for a faster, demand-driven privatisation strategy for public sector enterprises (PSEs) in the Union Budget 2026-27, urging the government to adopt a predictable roadmap to unlock value from disinvestment and mobilise resources for capital expenditure amid global economic uncertainties.In its Budget proposals, CII suggested an accelerated…
Trump Administration Downplays A.I. Risks, Ignoring Economists’ Concerns
The administration has downplayed concerns — from mass job losses, to a potential financial bubble — as President Trump cheers soaring stock prices and faster growth. Source link
Is Applying to College Via Early Decision a Good Idea? Here’s What Your Income Has to Do With It.
Early decision isn’t just for the rich, as long as people with lower incomes can get accurate price quotes before agreeing to attend if they get in. Source link
Budget 2026: Govt should avoid hiking surcharge on super-rich, reviving wealth tax; why experts warn of capital flight
Tax experts have cautioned the government against raising the income tax surcharge on high-income individuals or reintroducing a wealth tax in the Union Budget 2026-27, warning that such moves could push wealthy taxpayers to relocate to low-tax jurisdictions and hurt investment and job creation.At present, individuals earning over Rs 50 lakh are subject to a…
Trump Has a New Auto Loan Tax Break. Here’s Who Could Benefit.
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings. Source link
How a Puzzling 401(k) Plan Changed One Woman’s Life
Eryn Schultz was an H-E-B grocery store leader with an M.B.A. A slow pivot toward a big career change began when she found her retirement plan wanting. Source link
Market sell-off: 7 of top-10 firms lose Rs 3.63 lakh crore in a week; Reliance, HDFC Bank biggest drags
The combined market capitalisation of seven of India’s 10 most valued companies fell by Rs 3,63,412.18 crore last week, with Reliance Industries emerging as the biggest laggard amid a broader sell-off in equities, PTI reported.The benchmark BSE Sensex declined 2,185.77 points, or 2.54 per cent, during the week, reflecting weak investor sentiment.“Indian equity markets ended…
Why Haven’t Trump’s Tariffs Had a Bigger Impact?
Steep import taxes have raised prices and affected U.S. businesses, but not quite as much as expected. A new report offers some reasons. Source link
Want to Know Where the Market Is Going? Don’t Trust This, or Any, Forecast.
Wall Street stock gurus are making predictions again. Our columnist got into the game with a number he doesn’t believe. Source link