It’s been a rocky few weeks for the stock market, as concerns surrounding AI spending have shaken investor confidence. The S&P 500 (^GSPC -1.52%) has dipped by 0.87% over the last month, as of this writing, while the tech-focused Nasdaq Composite (^IXIC -1.74%) is down by 1.43%. In a recent interview on The Master Investor…
Nottingham Building Society’s interim results for the six months ending 30 June 2026 reveal £336.8m in gross new lending (down from £535.1m for the same period in 2025) and £4.2bn in total mortgage assets (down from £4.4bn for H1 in 2025) . The building society also reported £6.2m profit before tax (2025: profit before tax…
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Several Employees’ Provident Fund Organisation (EPFO) subscribers have reported discrepancies in their service history on the EPFO member portal, with some seeing overlapping employment records, missing companies or incorrect joining dates after the organisation’s recent IT system migration. In one case reviewed by Livemint, a subscriber’s service history showed two different companies with the same…
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Fraud has traditionally been treated as a problem to investigate after money has moved. That approach is becoming harder to sustain as faster payment systems compress settlement times and reduce opportunities to reverse transactions. For many finance organizations, the more valuable question is no longer how quickly a failed payment can be recovered, but whether…
Key Takeaways The Federal Reserve has held interest rates steady throughout the first half of 2026, and observers don’t anticipate aggressive movement in either direction in the second half of the year. Despite the recent cuts, savings rates remain relatively high. The best savings interest rates often come from financial institutions like online banks and…
Fannie Mae reported its second-quarter 2026 financial results on Wednesday, with the government-sponsored mortgage giant posting $4 billion in quarterly net income. The figure was up 20% from the $3.3 billion it reported earning a year earlier and 7% from the first quarter’s $3.7 billion in net income. The quarter marked the 34th consecutive period…
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The 8th Pay Commission held consultations in Kolkata, West Bengal, on 9-10 July, and in Bhubaneswar, Odisha, on 6-7 July. It is scheduled to hold three more meetings in Delhi, Chennai and Puducherry in August and September. Discussions in these meetings centred on the fitment factor, employee grievances, annual increments, allowances and pension reforms to…