Fed hawks are on the war path, sending mortgage rates higher

Exclusive-Fast-fashion group Shein agrees to pay $100 million to settle US FTC probe

Every year, Jagannath Rath Yatra brings millions of devotees together to celebrate one of India’s most revered festivals. In 2026, the sacred chariot festival will be observed on Thursday, July 16, when Lord Jagannath, Lord Balabhadra and Goddess Subhadra embark on their divine journey from the Jagannath Temple to the Gundicha Temple in Puri, Odisha….

The rupee appreciated 31 paise to 94.86 against the US dollar in early trade on Thursday, supported by the ongoing impact of the Reserve Bank of India’s structural forex interventions and liquidity-tightening measures. Market participants attributed the rupee’s continued appreciation to central bank intervention and the unwinding of long dollar positions. However, ongoing external macroeconomic…

After years of being told to spend our pensions last because they could be handed down free of inheritance tax, a new rule coming in from next April flips that guidance on its head. From 6 April, 2027, most unspent pensions passed on will be included in the estate for inheritance tax (IHT) purposes and…

A borrower just below the prevailing rate faces a different tradeoff than one who locked in 3% in 2020, so the report sorts the gap into four tiers. Of the locked-in equity, 83% sits in the most extreme one, with borrowers more than 150 basis points below the prevailing rate. California homeowners stand out. Among…

Silver rates in India declined on Thursday, October 15, as selling pressure in the precious metals market intensified amid concerns over US inflation, interest-rate expectations and a stronger dollar. The fall came after silver futures on the Multi Commodity Exchange (MCX) faced pressure ahead of the latest US inflation data, with rising crude oil prices…