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Author: Admin
new video loaded: What Soaring Fuel Costs Mean for Your Air TravelThe price of jet fuel has almost doubled since the start of the war. Our reporter Niraj Chokshi, who covers aviation, describes what that will mean for flights.By Niraj Chokshi, Léo Hamelin, Stephanie Swart, Rebecca Suner and Lauren PruittMarch 25, 2026
WASHINGTON—Comptroller of the Currency Jonathan V. Gould today issued remarks at the Financial Stability Oversight Council (FSOC) meeting about the FSOC’s framework for considering the designation of a nonbank financial company. In his remarks, Comptroller Gould shared the OCC’s support for the proposed framework, which wisely reverts to a common-sense approach consistent with the law. Thank you, Mr. Secretary. Earlier in my career, I was directly involved in matters relating to the nonbank designation process. I was part of the team of lawyers and consultants that assisted MetLife over a dozen years ago during FSOC’s attempt to designate and thus…
Investors may want to take a step back as stocks swing amid rising geopolitical tensions.DBi’s Andrew Beer suggests the market’s crystal ball is broken.”It’s not normal for big markets to move as much as they are right now,” the firm’s managing member told CNBC’s “ETF Edge” this week. “Something is deeply wrong in the market’s ability to forecast the state of the world… The only thing we can all do as investors is: This is the moment to plan and to prepare for the worst. You hope for the best.”Beer, who has spent more than three decades in the hedge…
“We don’t think it’s healthy for very young adults to have access to large sums of money without working for it.”
Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxSri Lanka’s national payment network, LankaPay, has launched cross-border QR payment acceptance via China’s Weixin Pay (WeChat Pay).The integration allows inbound travellers to make payments at over 400,000 LANKAQR merchants across the island.With Weixin Pay reportedly serving nearly 900 million monthly active users globally, the partnership aims to reduce friction at points of sale for Chinese tourists.Sri Lanka Tourism Development Authority (SLTDA) Chairman Buddhika Hewawasam said the industry is preparing for a possible 30% to 40% decline in the European market due to global crises.The initiative also seeks…
Check out the companies making the biggest moves premarket: AstraZeneca — The pharma giant rose 3% after its experimental drug, tozorakimab, was found to meaningfully reduce flare-ups in cases of chronic obstructive pulmonary disease. The drug delivered the results in two late-stage trials, and the company said full results will be delivered at an upcoming medical meeting. Tripadvisor — The travel booking website gained 3% following an upgrade to buy from neutral at Bank of America, citing accelerating activist engagement and rising strategic optionality across the portfolio. Argan — The construction firm rallied more than 10.5% after reporting fourth-quarter earnings…
The S&P 500 Index ($SPX) (SPY) on Thursday closed down -1.74%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.01%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -2.38%. June E-mini S&P futures (ESM26) fell -1.72%, and June E-mini Nasdaq futures (NQM26) fell -2.34%.Stock indexes sold off sharply on Thursday, with the Nasdaq 100 falling to a 6.5-month low. Stocks slumped on Thursday amid soaring oil prices, as uncertainty persists over Iran’s willingness to engage in talks on a ceasefire. WTI crude oil prices jumped more than +4% on Thursday after Axios reported the Pentagon is developing military options for a “final…
Home Modifications Iowa has announced Care Partner Camp, a new in-person, interactive program aimed at equipping family caregivers across Iowa with practical skills and support resources. According to a news release from the nonprofit, the initiative aims to respond to growing caregiving demands as families face reduced access to formal support services amid Medicaid funding challenges and workforce shortages. Designed for spouses, adult children and others providing care for aging or disabled loved ones, the program will offer hands-on training, guidance on local resources and strategies to promote caregiver well-being as well as on-site care services for loved ones. Registration…
Abstract The U.S. did not experience large decreases in production or employment during the disinflation of 2022-2024. To put this unusually costless disinflation in context, this article characterizes the behavior of economic variables from more than 100 disinflation episodes in OECD countries. We decompose these episodes into those that successfully reduced inflation over several years, those in which inflation substantially rebounded, and the most recent episodes of 2022-2024. Successful episodes show several differences in comparison to failed episodes, including lower real interest rates and higher stock prices. The recent disinflations of 2022-2024 sometimes resemble successful episodes, but with essentially no…
Golar LNG, a Bermuda-based liquefied natural gas (LNG) company, has begun a formal strategic review to examine options that advance its floating liquefied natural gas (FLNG) expansion and maximise shareholder value. The company’s Board of Directors stated that the evaluation will encompass Golar’s FLNG technology, existing long-term contracts and future growth opportunities. As part of this process, Golar LNG has engaged Goldman Sachs International as its financial adviser. The purpose of the strategic review is to speed up the development of its FLNG projects and increase value for shareholders, according to the company. Potential courses of action under consideration include…
