The clearest evidence of LendingClub’s new incarnation into a full-scale digital bank can be measured not merely in another jump in personal loan volume, but what happened (pun intended) after borrowers arrived. Happen Bank ended the quarter with $10.8 billion in deposits, up 18% from a year earlier, as it pushed its LevelUp checking and…
Researchers found that shifting this one norm delivered surprising cognitive benefits.
Investors are fretting over a report that Nvidia could backstop an OpenAI data-center lease, in what would be the largest such arrangement yet.
Fitch Ratings says DeKalb County, Georgia’s water and sewer system’s increasing leverage is a credit concern.Adobe Stock Fitch Ratings lowered the outlook to negative from stable on DeKalb County, Georgia’s water and sewer revenue bonds Friday but affirmed its AA-minus rating. Processing Content Fitch said the negative outlook “reflects Fitch’s expectation that leverage, measured as…
The Employees’ Provident Fund Organisation (EPFO) has delayed the rollout of its Unified Payments Interface (UPI)-linked claim settlement facility as it works to resolve technical issues with its upgraded digital platform, according to a Business Standard report published on 26 July. The facility, which was earlier expected to be launched by the end of FY26…
News Published: Monday, July 27, 2026, 19:23 [IST] One of Hinduism’s most cherished family festivals will share the calendar with a rare celestial event in 2026. Raksha Bandhan, the annual celebration of the bond between brothers and sisters, will coincide with a partial lunar eclipse (Chandra Grahan) on August 28, prompting questions over whether the…
The conditional approval follows Upstart’s application submitted in March and marks a key milestone in the company’s efforts to operate a nationally chartered bank, the company said in a Thursday (July 23) press release. Upstart’s applications to the Federal Deposit Insurance Corporation (FDIC) for deposit insurance and to the Federal Reserve to become a bank holding company are still…
Listen to the audio version of this article (generated by AI). Luke got the earnings right, but the timing wrong … here’s what comes next… an AI event this Thursday… how to play the data center tsunami… readers sound off in the mailbag Last week, in the run-up to Alphabet’s (GOOG) earnings, we highlighted analysis…
A significant number of India’s public service employees are set to benefit from their various state governments’ announcements on Dearness Allowance (DA) hikes. The Centre hiked DA by 2% in April, from 58% of basic pay to 60%, effective from 1 January this year. The Centre usually updates DA biannually using data from the All-India…
Mid-cap and small-cap stocks often come under scrutiny whenever markets turn volatile. Concerns over expensive valuations, liquidity, and sharper corrections frequently dominate investor discussions. However, a look at 20 years of market data suggests these segments have consistently rewarded investors during strong market cycles, despite experiencing steeper declines in weak years. Highlighting this trend in…