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Jennifer Sor
Latest Stories
2 mins read
RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets
The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…
1 min read
Cold storage giant Lineage raises $4.4 billion in largest IPO of 2024
The cold storage leader raised $4.4 billion, and now boasts a market value of $19 billion, accordin…
Geoff Weiss
1 min read
Rupee slips to all-time low of 83.72 against US dollar; Fall sparked by tax rate hike on capital gains, per traders
Forex traders said the fall in the domestic unit came on the heels of a significant downturn in the…
3 mins read
I'm a public school teacher trying to save money for grad school. I'm on my parents' phone plan and they pay for my tickets to see them.
I'm a public school teacher and my parents pay for my phone bill. By helping me out now, I'll be mo…
Jacqueline LeKachman
3 mins read
Gen X is in charge now, and boomers are being shown the door
The last leaders of the boomer era look set to cede their power to younger Gen X leaders across the…
Hasan Chowdhury
4 mins read
From models to influencers, here's what it costs to be 'hot'
TikTok trends and high-priced products are driving consumer spending on beauty and wellness. Hot pe…
Jordan Hart
5 mins read
How the hedge fund superstar went extinct
The days of investors trusting a star hedge-fund manager with their cash are in the rearview mirror
Dan DeFrancesco
2 mins read
Rupee rises 4 paise to 83.62 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.64, and touched an early …
3 mins read
I'm a millennial who still depends on my parents to pay for my cellphone and streaming services. I don't feel guilty about it.
I'm a 35-year-old woman without a husband and kids. My parents' help allows me to be financially in…
Jennifer Pellerito
2 mins read
Rupee recovers 5 paise from all-time low to 83.65 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.66, and touched an early …
4 mins read
My partner grew up rich, and I didn't. We almost broke up over my insecurities, but compassion and honesty have gotten us through.
Geneviève Laforce is dating a partner who grew up rich. She says it takes constant communication an…
Tess Martinelli
3 mins read
I'm 30 and already have $50,000 in credit card debt. Declaring bankruptcy is my only way out.
The writer struggled financially in NYC, so she racked up $50,000 in credit card debt. Declaring ba…
Nicole Kempster
1 min read
Global cyber outage: Banks, payments systems unaffected by Microsoft outage
HDFC Bank, the biggest among the private sector lenders, also said that it has not faced any impact…
2 mins read
Rupee falls 3 paise to close at all-time low of 83.66 against US dollar
On Thursday, the rupee depreciated 5 paise and settled at a new low of 83.63 against the US dollar.
2 mins read
Household savings are choosing mutual funds over banks to invest savings: RBI Governor
The households are choosing the capital markets over the banks to park or invest their savings, hig…
3 mins read
Blackstone is doubling down on its efforts to woo the wealthy with 2 new funds, flying in the face of BREIT critics
Blackstone's Jon Gray said the private-equity giant plans to launch two new funds for wealthy indiv…
Alex Nicoll
2 mins read
Wall Street sees this opaque corner of financial markets as the likeliest source of a credit crisis, Bank of America says
Investors now see "shadow banking" as the leading source of a potential credit event, respondents i…
Filip De Mott
2 mins read
Rupee trades in narrow range against US dollar in early trade
At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …
2 mins read
India and China to drive new wealth creation globally, Asia to contribute 30% of new wealth, says BCG report
India is well positioned to be a driver of greater wealth, according to a global wealth report by B…
1 min read
All you need to know about the Halwa ceremony before Union Budget 2024
FM Nirmala Sitharaman participated in the Halwa ceremony, 6 days before the budget presentation on …
1 min read
7 memorable quotes by finance ministers from past Budgets
Ahead of Budget 2024, here's a look-back at some memorable quotes from previous Budget announcement…
5 mins read
Goldman Sachs CEO David Solomon is predicting the long-awaited return of M&A
The M&A drought that's kept investment bankers on the sidelines is on its last legs, according to W…