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Fuel shortages that have been ramping up since the summer of 2025 are compounding into a nationwide crisis for Russia, forcing the oil-producing nation to ban energy sales and import instead. In the annexed peninsula of Crimea, one of the first Russian-controlled areas hit by the dearth, public gasoline sales were cut weeks ago. “The […]
Policyholders and nominees may be unaware that insurance money is lying unclaimed with insurers. From maturity proceeds and death benefits to premium refunds, nearly Rs 8,974 crore remained unclaimed with life and general insurance companies as of February 28, 2026, according to information shared by the government in Parliament. For many families, the money […]
Meta launched Muse Image, the first artificial intelligence image model from Meta Superintelligence Labs. The feature drew immediate pushback because anyone can generate an image of another person by tagging their public Instagram username in a prompt, and public accounts are included by default unless users navigate to a buried setting to opt out, Wired […]
Shares of Palantir Technologies (PLTR 1.57%) got pummeled during the first six months of 2026, with shares plunging 34%, according to data provided by S&P Global Market Intelligence. That’s a far cry from the 10% gains of the S&P 500. Artificial intelligence (AI) stocks have been taking a breather over the past year as investors […]
A deduction reduces your taxable income; a credit reduces your actual tax bill dollar for dollar. A $1,000 deduction saves you $220 in the 22% bracket, while a $1,000 credit saves you the full $1,000 regardless of bracket. Credits are worth more, so know which ones you qualify for before you file. Source
The headline figure blends two sub-indices tracking different aspects of household sentiment. The Pocketbook Index, which captures views on personal finances and job security, slipped to 51.88 from 52.91 four weeks earlier. The Expectations Index, covering outlooks for the broader economy and real estate prices, climbed to 50.60 from 48.81 over the same period. Nik […]
Consumer credit rarely moves in a straight line, and May’s Federal Reserve data offered a reminder that one month’s pause can support more than one interpretation. After two months of brisk growth, revolving consumer credit, which includes credit card balances, declined at a 4.7% annualized rate in May, as Federal Reserve data indicated on Wednesday […]
“I do think it will put more people on the sidelines,” he said. “But to be frank, buying a home propels your finances in future years. It’s like the hidden 401(k). If you have the opportunity to own your own home, there’s really not a bad reason to do it unless you’re looking to leave […]
Minutes Welcome / introductions The Chair welcomed the Group and those present as part of the observers’ programme. Diversity, Equity & Inclusion DE&I remains a priority for the Bank of England and the Group, ensuring that the initiatives which are in place receive continued support. The Group discussed differences in flexible working policies between individual […]