Google should relax ad tech rules, appoint antitrust monitor, US judge finds

Andy Burnham has appointed John Healey, the former defence secretary, as chancellor. It was certainly a surprise. Home secretary Shabana Mahmood had been seen as a certainty for the job at No. 11, but at the last moment The incoming prime minister, appointed Healy instead. The markets were relieved. Given that the potential alternatives were…

Key takeaway: The agency planned to hold an open meeting Friday to consider proposing new rules “to create a tailored offering regime for certain investment contracts involving crypto assets.” That meeting was canceled due to an “unforeseen scheduling issue.” Expert quote: “The SEC is committed to delivering on the president’s agenda to bring certainty to…

After months of delays, fast fashion behemoth Shein went public on Tuesday at a fraction of its peak valuation. On Monday, the Singapore-headquartered retailer priced its IPO at 48.56 Hong Kong dollars, or $6.19, per share, offering about 280 million shares. It raised more than HK$13.2 billion in the IPO. Its valuation at the IPO…

Just the Tip: A 1% difference in mortgage rate on a $350,000 loan costs or saves roughly $70,000 in total interest over 30 years. Get quotes from at least three lenders, including banks, credit unions, and mortgage brokers, before committing. Rates vary more than most buyers expect, and lenders are competing for your business. Subscribe…

Unlocking the Invisible Prime Borrower

The Income Tax Department’s crackdown on suspicious overseas remittances should be noted by businesses and individuals sending money. They should be able to establish the purpose, source and tax treatment of the payment through proper documentation.   The department on August 18 launched a nationwide field verification exercise covering around 394 entities, including…