Massachusetts ballot puts lot density up for a vote of the people
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Sunday Summary: Rate Hikes, Investor Conferences and Power California – Commercial Observer
William McChesney Martin, the ninth chairman of the Federal Reserve, is credited with saying that the duty of the Fed is to “take away the punch bowl” just as the party is getting started — i.e., to raise interest rates before inflation has a chance to bite. It’s one of the things that makes the…
Strong U.S. Jobs Report Sets the Stage for Possible Rate Hike – Commercial Observer
Payroll employment in the U.S. increased by 162,000 jobs in August, but that uptick did little to reduce the nationwide 4.1 percent unemployment rate. In its monthly jobs report released Friday, the U.S. Bureau of Labor Statistics (BLS) said the biggest increases in hiring were in the food and beverage service industry and local government…
The high-end card changes that are challenging banks
Key insight: Costs and retention are challenging banks that are competing in the high-end card market. What’s at stake: Several financial institutions, including American Express, Barclays, Citi, and JPMorganChase, target the upper end of this luxury market, while others like Capital One and U.S. Bank offer high-end cards with somewhat lower annual fees. Forward look:…
Signs of Weak Demand Undercut Sugar Prices
October NY world sugar #11 (SBV26) closed down -0.55 (-3.06%) on Thursday, and December London ICE white sugar #5 (SWZ26) closed down -15.40 (-2.94%). Sugar prices extended their week-long slide on Thursday and tumbled to 3-week lows as demand concerns have spurred long liquidation. 499,350 MT of sugar was delivered against the October London sugar…
On the Cover: July/August 2026
Image: Courtesy of Phillips Hidden Gardens – HG287 – Irresistible Hidden Garden by Damien Hirst sold for £23,220 at Phillips Modern & Contemporary Art auction on April 16, 2026, in London. Hirst is one of the most provocative and commercially successful contemporary artists, known for challenging perceptions of art, death and value. With an estimated…
Forgot your UAN? Here’s how to retrieve it online through the EPFO portal
The Universal Account Number (UAN) is the gateway to almost every service offered by the Employees’ Provident Fund Organisation (EPFO). Whether you want to check your provident fund (PF) balance, download your passbook, file a withdrawal claim, transfer your PF account after changing jobs or update KYC details, you’ll need your UAN to access the…
