U.S. CPI looms large; Oracle, Adobe report – what’s moving markets

The rupee pared initial losses and was trading with gains of 4 paise at 95.40 against the American currency in early trade on Thursday, supported by easing Brent crude prices. Brent prices fell below the $90 mark for the first time in several sessions amid continuing discussions between Iran and Oman regarding a temporary shipping…

Mortgage defaults level off in June, FHA new defaults down 15% Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 44 minutes ago Latest

TD Bank’s Canadian residential mortgage portfolio fell 9% year over year to $242.0 billion in the third quarter, despite the bank reporting record mortgage originations. Growth in the broader secured-lending portfolio came entirely from HELOCs, which jumped 28% to $177.2 billion. Combined mortgage and HELOC balances rose roughly 4%, while total Canadian real estate secured…

If you miss the July 31 income tax return (ITR) deadline, you can still file a belated return, but it could be expensive. Apart from a late filing fee of up to Rs 5,000, taxpayers may also have to pay interest on unpaid taxes, lose the benefit of carrying forward certain losses, and face…

Businesses that use real-time payments tend to see more value than businesses still deciding whether they need them at all. The divide emerged from the PYMNTS Intelligence report “The Real-Time Perception Gap: How Experience Is Driving the Next Phase of Instant Payments Adoption,” the June installment of the Real-Time Payments Tracker and a collaboration with…

Key insight: In the lead-up to the Clarity Act vote on Sept 15, community banks are both the stalking horse and the prey at the same time. Supporting data: JPMorgan spends nearly $20 billion a year on their technology budget. By contrast the typical $500 million-asset community bank spends only $4 million, and much of…