Australia’s Federal Court has ordered ASX Limited to pay a A$20.5 million penalty after the exchange operator admitted making a misleading statement about the progress of its CHESS replacement project. The penalty follows ASX’s admission that a 10 February 2022 market announcement stating the project was “progressing well” was misleading. Just six weeks later, ASX…
Why did New York City just freeze rent for a million apartments — and who’s actually going to pay for it? This month’s economic landscape is anything but simple: a job market that’s cooling faster than expected, a brand-new Fed chair rewriting the rulebook, and a policy fight in New York City that reveals exactly…
by Calculated Risk on 1/11/2026 08:12:00 AM Hotel occupancy was weak in 2025. It is difficult to tell early in the year because travel is always weak in early January. From STR: U.S. hotel results for week ending 3 January The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through…
News release The Governor of the Bank of England, Andrew Bailey, has announced that Rhys Phillips will be the next Chief Cashier and Director of Notes. He will take up the role on 19 October 2026. Governor Andrew Bailey said: “Banknotes play a central role in public life. They serve not just as a means of…
Wealth growth ran strongest in Europe, the Middle East and Africa at 17.5 percent, helped by a weaker dollar, CTV News reported, followed by the Americas at 8.5 percent and Asia-Pacific at 5.9 percent. North America led all regions at roughly US$660,000 per adult, BNN Bloomberg reported, ahead of Australia and New Zealand at US$590,000 and Western…
May NY world sugar #11 (SBK26) today is down -0.29 (-1.83%), and May London ICE white sugar #5 (SWK26) is down -6.90 (-1.49%). Sugar prices are falling today as a -2% slump in crude oil prices (CLK26) has sparked long liquidation in sugar futures. Don’t Miss a Day: From crude oil to coffee, sign…
Raymond shares rose nearly 4% on Monday after the company appointed former Bharat Electronics chief Bhanu Prakash Srivastava as the chief executive officer (CEO) of its defence business. The stock gained nearly 4% to hit an intraday high of Rs 632 on the NSE. It later gave up some gains and was last trading at…
The World Cup is delivering drama, controversy, and halftime entertainment straight out of science fiction. Sunday’s showdown between Brazil and Norway featured a surreal cameo from Atlas, the humanoid robot built by US robotics firm Boston Dynamics. The ultra-flexible robotic biped kicked off the second half of the game, which Norway won 2-0, by handing…
In December 2024, a Texas federal judge blocked the nationwide enforcement of the U.S. Treasury’s anti-money laundering (AML) regulations, requiring small business ownership registration with the Treasury Department. These rules required businesses to disclose their beneficial owners to financial institutions, aiming to combat money laundering and other illegal activities. While the ruling is a win for privacy advocates, it also has significant…
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning….