Navigating the macroeconomic landscape in the first half of 2026 has been a study in contrasts. Markets have marched toward all-time highs even as historic valuation metrics flash warning signs behind the scenes. To help make sense of the volatile year so far, we are looking back at the data points that captured the most…
SK Hynix’s US-listed shares fell nearly 8% in early trade on Monday, giving up part of Friday’s strong debut gains as investors booked profits after a sharp rally in AI-linked memory stocks. The South Korean chipmaker’s American Depositary Receipts dropped 7.9% to $154.7 in early trading. The fall came after the ADRs jumped more than…
Best city: Cheyenne Average income of households with retirement income: $35,005 Average income of households with Social Security income: $21,592 Average monthly total cost of living: $1,987 Average monthly mortgage cost: $2,196 Average single family home value (May 2024): $368,600 Livability: 83 Worst city: Laramie Average income of households with retirement income: $25,747 Average income…
EPFO has made it easier to transfer provident fund balance after making the process automatic for Aadhaar-linked, KYC-compliant Universal Account Number (UAN) holders when they switch jobs. The introduction of this feature is significant as it eliminates the need to submit separate transfer applications and thus reducing paperwork. Previously, transfer of PF accounts required approvals…
A single quarter creates headlines. A sequence of quarters reveals market shifts. That analysis underpins Zubr Capital’s Q2 2026 digest of European tech funding. Where Q1 saw several signs of capital becoming more selective, larger checks concentrating around strategic sectors, and an uneven market across the startup landscape, Q2 didn’t change that picture.What changed in…
At its meeting in June, Federal Reserve officials were split about the future of interest rates, with policymakers talking about scenarios in either direction, according to meeting minutes released Wednesday. In new Fed Chair Kevin Warsh’s first meeting June 16-17, Federal Open Market Committee participants saw outcomes where inflation could ease and allow lower rates,…
SBI Funds Management has reduced the size of its IPO to Rs 9,813 crore from Rs 11,693 crore after raising about Rs 1,655 crore through a pre-IPO placement to 30 anchor investors. The issue will open for subscription on July 14 and close on July 16. The IPO is entirely an offer-for-sale (OFS) by State…
“We are driving in the fog, and it is extraordinarily difficult to anticipate what will happen next.” That alarmed voice is coming straight from the top of the economics profession. That’s Anton Korinek, a University of Virginia economics professor and one of the organizers of a statement signed this week by over 200 economists—including 16…
Artificial intelligence (AI) company Anthropic has officially introduced India-specific pricing for its premium Claude AI subscriptions, making it easier for users to pay in Indian rupees instead of US dollars. The move eliminates foreign currency billing for Indian customers and brings local pricing across individual as well as business plans. Claude AI Pricing in India…
Dependable Equities, an affiliate of Sky Equity Group, secured $54 million in pre-construction financing from CDK, with Valley National Bank serving as a participating lender to advance a residential development south of the New River, near downtown Fort Lauderdale. The financing, arranged by Daryl Hagler and Allen Weinstein of CDK Capital, will support the planning…