President Donald Trump restarted his effort to remove Lisa Cook from the board of the Federal Reserve following a Supreme Court ruling against him. ABC News reported that Cook received notice that the White House was “considering” removing her and gave her three weeks to respond. Cook, a Biden appointee, is one of the 12…
British Music Festivals Rebound with Perks and Flexible Payments in 2026 By Harry Robertson Revival and Challenges in the UK Music Festival Scene LONDON, Aug 8 (Reuters) – Britain’s music festivals are showing signs of a revival after a rough few years, with big events such as Boomtown selling out at record speed this year…
Point-of-care diagnostics company Molbio Diagnostics Ltd, backed by Temasek and Motilal Oswal Private Equity, raised Rs 281.5 crore from anchor investors ahead of its initial public offering (IPO). The company allotted 34.88 lakh equity shares to 33 anchor investors at Rs 807 apiece, the upper end of the price band, according to a circular uploaded…
Plan sponsors do not need more technology. They need help deciding what fits, what connects and what will actually work. My last article framed the advisor as plan architect. The next step is understanding Retiretech well enough to help sponsors build better plan experiences. By retiretech, I mean technology-forward solutions improving plan design, delivery, engagement,…
US money market funds’ (MMFs) reverse repurchase agreements cleared through the Fixed Income Clearing Corporation (FICC) reached a record high in June, lifting their investments outside the Federal Reserve to an all-time high, data from the Office of Financial Research shows. FICC-cleared reverse repos rose by $132 billion, or 11%, to $1.3 trillion, marking their…
The dollar fell against major currencies including the yen and euro on Friday after U.S. employment unexpectedly declined in July, fueling concerns about the economy’s strength and undermining the case for the Federal Reserve to raise interest rates. The U.S. economy lost 23,000 jobs in July, the Labor Department said, compared with economists’ expectations for…
Prediction market operators and the CFTC have been defending event contracts in court and publicly as federally regulated derivatives rather than sports bets. The regulator is now warning regulated firms not to present those contracts using one of the most familiar conventions of American sports betting. According to Bloomberg, the CFTC sent a letter to…
ETMutualFunds has shortlisted 10 equity mutual funds across five categories based on rolling returns, consistency, downside risk, outperformance and asset size for August.
Image source: The Motley Fool. DATE Friday, July 31, 2026 at 9:00 a.m. ET CALL PARTICIPANTS Investor Relations Director – Andre Medina Chief Executive Officer – Alexandre Teixeira de Assumpção Saigh Chief Financial Officer – Raphael Denadai TAKEAWAYS Total Fundraising — $2.3 billion in the second quarter, bringing the year-to-date total to $4.5 billion and…
Kaynes Q1 FY27 slides: 40% revenue growth, margin pressure mounts