Federal Reserve unveils task force leaders

What data shows Historical data shows that the 50:50 blend has held up during periods of equity market correction. In FY20, when the Nifty 50 TRI fell 25%, the Crisil Hybrid 50:50 Index lost 7.3%. In FY16, the Nifty 50 TRI fell 7.8%, while the hybrid index gained 2.2%. In FY26, the Nifty 50 TRI…

Property owners and investors could face substantially higher capital gains tax bills on inherited assets if proposed reforms are implemented, according to analysis from wealth manager Rathbones. The research examines two potential policy changes: removing the capital gains tax uplift on death and aligning CGT rates with income tax bands. The findings suggest beneficiaries could…

State legislatures are rapidly moving beyond broad artificial intelligence governance to regulate one of AI’s most consequential applications: health insurance coverage determinations. According to a new analysis from Sheppard Mullin’s Healthcare Law Blog, lawmakers are increasingly permitting insurers to use AI to streamline prior authorization and utilization review while drawing a firm line against allowing…

Opendoor Technologies (OPEN 0.81%) stock dropped 21% in the first half of the year, according to data provided by S&P Global Market Intelligence. After it skyrocketed with the help of social media and retail investors last year, it’s been slowly coming back to earth as the housing market remains under pressure. A new CEO and…

This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to get early access here. Hi, let’s get into today’s news at the intersection of policy and real estate: HPD is tweaking a 421a rule, giving developers with noncompliant affordability plans a chance to switch paths…

Space Exploration Technologies‘ (SPCX 0.97%) (SpaceX) initial public offering (IPO) was undoubtedly the most hyped IPO in recent stock market memory. It didn’t disappoint, either, setting the record for the largest IPO in stock market history, with an initial valuation of around $1.77 trillion. Now, it’s valued at over $2.1 trillion as of market close…