Data is the fuel for growth in the payments business, no less than in any other industry. Payments companies focused on faster growth thirst for numbers. To serve that market, Stripe Inc. early Monday announced a collaboration with TSG, a payments-data provider, in a move aimed at helping processors, software developers, and investors extract faster […]
Satellite view of Iran (with mask). This image was compiled from data acquired by LANDSAT 5 & 7 satellites., Iran, Middle East, Asia, True Colour Satellite Image With Mask (Photo by Planet Observer/Universal Images Group via Getty Images) Planet Observer | Universal Images Group | Getty Images Discussions over the future of the Strait of […]
Key Takeaways More than 9 million borrowers have defaulted on their student loans, marking a record high. Millions more are behind on payments and at risk of defaulting in the next six months, according to the Education Department. Observers are now watching the roughly 7 million SAVE borrowers who must restart payments soon. If many […]
Shares of cigarette-maker Godfrey Phillips slipped 6% to Rs 2,119.10 apiece on the BSE on Tuesday after the company reported a 44.3% year-on-year decline in its Q1 net profit to Rs 198.39 crore. Net revenue from operations for the firm fell 18.8% to Rs 1,206 crore during the June quarter of the current financial year, […]
Sebi’s reforms and online bond platforms have made direct bond investing more accessible than ever. But should investors choose individual bonds over debt mutual funds—or use both?
Global equities ended last week little changed in local currency and up 0.6% in sterling terms. This continued the choppy pattern of recent weeks with markets currently down 1.5-2% from their peak in early June. The US underperformed with a gain of 0.3% in sterling terms while the UK and emerging markets were both up […]
“The most polite way to deboard a plane is to let the people in the front go first,” Grumet told BI. However, she pointed out that many passengers try to rush to the front as quickly as possible. Even if you had a difficult flight, Grumet said you should allow those ahead of you to […]
A platform built through acquisition Wealth Enhancement Group’s exponential growth trajectory reflects the broader consolidation dynamic reshaping the independent advice industry. TA Associates acquired the firm in 2019 when it managed approximately $11.8 billion in client assets, and by August 2021, when Onex made an equity investment to become an equal capital partner alongside TA […]
Single-stock derivative strategies, crypto miners, and energy commodities led in performance across non-leveraged ETFs last week. Broad market momentum shifted toward high-beta tech exposure and commodity inflation hedges, shaping the list of top-performing ETFs. Key Takeaways Options Income Strategies Drive Top-Performing ETFs Options-overlay strategies tied to volatile tech equities outperformed the broader market last week. […]
Shares of FMCG major Hindustan Unilever (HUL) declined over 6% to Rs 2,034 on the NSE on Tuesday after the company’s first quarter earnings missed analyst estimates. The company reported a 3% year-on-year decline in net profit to Rs 2,673 crore for the first quarter of FY27. The company said the decline in PAT resulted […]