UK employers raise pay by least in 10 months, Brightmine says

Key Points Elon Musk’s company rewrote record books over the last eight weeks with Wall Street’s largest-ever initial public offering (IPO). SpaceX’s staggered and accelerated share-unlock schedule enables select insiders to begin selling their shares on the second trading day after the company’s first earnings report as a public company. SpaceX’s historically low float may…

Cook’s remarks add to a building chorus of Fed officials flagging openness to tightening, a shift traders will read as hawkish after last week’s split decision to hold rates steady. With three dissenting votes already on record favouring a hike, markets may start pricing higher odds of a rate increase at the next meeting, particularly…

Listen to the article 10 min This audio is auto-generated. Please let us know if you have feedback. The Trial Balance is CFO.com’s weekly preview of stories, stats and events to help you prepare. Part 1: Mostly Metrics releases new report highlighting CFO perspectives A recently released qualitative survey aims to shine a light on…

By Anup Roy   The operator of India’s ubiquitous mobile payments network plans to tap the country’s vast overseas diaspora as a springboard for global expansion, aiming to make the platform a preferred way to transact money across borders.   “Is it possible to get 15-20 markets in the next 10 years’…

UPI users will not be asked to start paying a fee for everyday digital payments, Finance Minister Nirmala Sitharaman said in Rajya Sabha on Monday, making a clarification after a proposed change in the law triggered concerns that the government could allow charges on transactions.   The key distinction is between a charge paid by…