At the recent low of 12514 points, the Sensex has tested the 12800-12000-pts support zone and has since then attempted a corrective rally. During the past trend phases in the Sensex, a monthly moving average convergence/divergence (MACD) cross-down below its trigger line, have, typically, led to a significant value erosion, with the corrective phase lasting, […]
Previously unknown moon orbiting Nysa is also detected. FLAGSTAFF, Ariz., July 29, 2026 /PRNewswire/ — An international team of astronomers has uncovered striking new evidence that asteroid (44) Nysa, one of the brightest and largest asteroids with an enstatite-like (E-type) surface composition in the main belt, possesses an extraordinary three-lobed structure and is accompanied by […]
The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation caused by the Iran war and a spike in energy prices. The Fed’s rate-setting committee reached the 9-3 decision after two days of deliberations, marking the fifth straight meeting at which it kept its benchmark rate at around 3.6%. Dissenting from […]
Worldwide gross: $2,799,439,100 Fans needed to know if the remaining Avengers could rise up, defeat Thanos, and reverse the effects of the end of “Infinity War.” They came out in droves as the film shattered box-office records, grossing over $1.2 billion worldwide opening weekend, nearly double that of the opening weekend for “Infinity War.” It […]
Morgan Stanley Investment Management is expanding its push into digital assets with the launch of two crypto exchange-traded products (ETPs) tied to Ethereum and Solana. Following the success of its Bitcoin investment products, the new funds combine low fees with the ability to earn yield through staking, potentially making them an attractive option for investors […]
Warsh has been explicit about his skepticism of forward guidance, the practice of telegraphing future rate moves. Williamson said that shift has direct implications for mortgage rate volatility, since a CPI print, an employment report, or a Fed governor’s speech can now move rates in ways that would previously have been dampened by explicit guidance. […]
Key insight: SoFi is growing in both its core lending products and its new banking and digital asset launches but didn’t increase its full-year outlook. Supporting data: Operational expenses increased 30% YoY, which largely offset SoFi’s record revenue growth of 40% YoY. Forward look: SoFi is expecting one to two interest rate hikes from the […]
Federal Reserve policymakers voted to hold interest rates steady at the July meeting, with three Federal Open Market Committee members voting against that decision and urging an increase instead, the central bank announced Wednesday. In announcing the 9-3 vote Wednesday afternoon, the Fed released this statement: “The Committee decided to maintain the target range for […]
Kevin Warsh is living up to his hawkish reputation. The Federal Open Market Committee opted to hold rates steady at its July meeting, the second with former Wall Street executive Warsh at the helm. FOMC leaders voted 9-3 in favor of the decision, with the dissenters hoping for a quarter-point hike. The market reaction was muted […]
On July 24, 2026, China’s Ministry of Finance and State Taxation Administration issued landmark announcements that establish a comprehensive framework for imposing China’s individual income tax at a 20% rate on residents of China who transfer or have transferred property to or who receive distributions from offshore trusts (the New Rules). The issuance of the […]