Most investors instinctively seek safety in numbers. When everyone is buying a stock, joining the rally feels comfortable. When markets fall, selling alongside the crowd seems like the logical decision. However, legendary investor and psychologist Fred C. Kelly argued that this very tendency is what causes most investors to underperform. In his classic book, Why…
In May 2025, Dario Amodei, the CEO of AI company Anthropic, said that the technology his company is helping push forward could drive unemployment up to 10%-20% in the next one to five years and wipe out half of all entry-level white-collar jobs, as Josh Tyrangiel points out in The Atlantic. Jim Farley, the CEO…
Anthropic appoints Former Federal Reserve Chair Ben Bernanke to its long-term benefit trust, JPMorganChase signs a multiyear agreement to be the official jersey patch and banking partner of the Dallas Mavericks, Brazil-based Nubank receives full regulatory approval to open Nu Mexico, and more in this week’s banking news roundup.
US banks cluster at stronger DFAST capital lows – Risk.net Skip to main content End of drawer navigation content Weakest projected capital ratio rises 390bp since 2018 Large US banks’ projected minimum Common Equity Tier 1 (CET1) ratios in the Federal Reserve’s annual stress tests have risen and become more tightly clustered since 2018, a…
Vijay Kedia-backed Kedia Securities has acquired 3.58 lakh shares in Exato Technologies, raising the combined holding of the firm and persons acting in concert to 9.68% of the company’s paid-up share capital. The stock has delivered near-multibagger returns in the last year, rising over 90%. The acquisition marks a 3.56% stake in Exato Technologies. After…
Fund review: Bandhan Flexi Cap Fund
Markets witnessed a strong rebound on Friday, with benchmark indices gaining nearly a per cent amid supportive global cues and encouraging earnings from the IT pack. However, participants remain watchful of geopolitical developments and world market performance, which could influence market direction in the coming sessions. Here are two stock recommendations for Thursday: CDSL –…
South-facing gardens continue to command a price premium of approximately £20,000, or 7%, despite homeowners increasingly avoiding outdoor spaces during recent heatwaves, according to research from estate agent Yopa. The findings suggest that traditional preferences for south-facing outdoor spaces remain intact, even as climate patterns shift and temperatures reach record levels. Buyer preferences The research…
Demetria C. Lester Demetria C. Lester is a reporter for MortgagePoint (formerly DS News and MReport) with more than 10 years of writing and editing experience. She has served as content coordinator and copy editor for the Los Angeles Daily News and the Orange County Register, in addition to 11 other Southern California publications. A…
EPFO: The Employees’ Provident Fund Organisation (EPFO) this month completed migration of its member database to a centralised platform under the Centralised IT Enabled Services (CITES) project, as per the Ministry of Labour and Employment. In a statement last week, Union Labour and Employment Minister Mansukh Mandaviya noted that this development marks a significant overhaul…