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Oil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook 0

Oil prices held near eight-month lows on Monday after falling sharply last week, as markets feared that slowing global economic activity will dent demand for crude. London-traded Brent oil futures rose 0.3% to $85.29 a barrel, while U.S. West Texas Intermediate futures were unchanged at $78.67 a barrel by 21:30 ET (01:30 GMT). Both contracts

CFPB Study Outlines Need for “Buy Now, Pay Later” Rules 0

Researchers found BNPL often relies on data collection and other consumer risks. The Consumer Financial Protection Bureau (CFPB) is gearing up to place the same type of stringent protections it places on credit card companies on the “Buy Now, Pay Later” (BNPL) industry, following the release of a recent study on the practice. Officials said

Gold Steadies Despite Rate Hike Headwinds, Set For Flat Week 0

Gold, Market

September 23, 2022

Gold prices steadied on Friday, and were set to end the week largely unchanged as selling pressure from a hawkish Federal Reserve appeared to have eased. Bullion prices showed surprising resilience this week after the Fed hiked rates and struck a more hawkish tone than many were expecting, with U.S. interest rates now set to

A difficult candidate test, broken job promises and refund dispute: Unacademy’s Relevel comes under fire 0
- Education, India
- September 22, 2022
With the growth engine sputtering, funding slowing down and the spectre of regulation looming large, there are many curveballs that Unacademy and its peers will have to grapple with in the coming months. At a time like this, Gaurav Munjal has been extremely bullish on Relevel In February this year, 28-year-old Shivam, a computer operator
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Asian Stocks Slammed by Fed Rate Hike Risks 0
- Market, Stock Market
- September 21, 2022
Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the Federal Reserve. Hong Kong’s technology-heavy Hang Seng index continued to lag its peers, falling 1.5%, while Japan’s Nikkei 225 index lost 1.3%. The day’s losses also negated a soft rebound seen earlier
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10-year yields highest since 2011 before expected Fed rate hike 0
- Market, Stock Market
- September 20, 2022
Data last week showed higher-than-expected consumer prices in August, dashing hopes that the worst of rising price pressures may be in the past. Benchmark 10-year U.S. Treasury yields jumped to their highest level since 2011 on Monday as investors adjusted for the likelihood that the Federal Reserve will hike rates higher and for longer than
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