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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   


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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…

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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   


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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   


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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   


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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   


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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 …

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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   


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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 …

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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   


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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   


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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.

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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…

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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   


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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   


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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 …

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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…

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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…

Dan DeFrancesco   


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2 mins read

Read the email CEO Jamie Dimon sent to JPMorgan employees after the assassination attempt on Trump

The JPMorgan CEO's email to staff urged taking a united stance against violence and encouraged cons…

Ana Altchek   


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2 mins read

Finance jobs are more competitive than ever, so some college students are sitting for the industry's most grueling exam before they even graduate

About one in five people who start the CFA are students. They're looking for a leg up applying to i…

Shubhangi Goel   


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1 min read

Continue 45-day MSME payment rule: Industry body to Finance Minister Nirmala Sitharaman

According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…

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3 mins read

India to see retail digital payments to double to USD 7 tn by 2030: Report

Millennials and Gen X are leading in the adoption of all types of digital payment instruments.