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2008 FINANCIAL CRISIS
Whenever you feel 'demotivated' in life, rewatch an old video of Elon Musk from Tesla's near-bankruptcy daysSocial media user Unnati shared an old video of Elon Musk pitching Tesla’s $109,000 Roadster in 2008, when the company was nearing bankrupt...
US Market: AI boom could weaken dollar’s safe-haven appeal as foreign flows riseThe US dollar’s safe-haven status could face pressure if the AI investment boom unwinds, prompting foreign investors to pull back from Amer...
Infosys, TechM, TCS, other IT stocks plunge up to 5%, extend losses as global AI trade rebounds. What lies ahead?Indian IT stocks fell sharply on Wednsday as renewed optimism around the global AI trade weighed on sentiment. Strong earnings from SK Hyni...
Michael Burry's top 10 life lessons for GenZ: 'Buy half the house you can afford'Michael Burry provides life advice and personal finance tips to a 26-year-old in a Substack post. He emphasizes the importance of exercisin...
The Bond who came back from the dead: The risky world of AT1 bondsYes Bank AT1 bonds are back in the spotlight after the Supreme Court upheld the ruling invalidating their ₹8,415-crore write-off during the...
Chinese stock market enters bear territory! CSI 300 index crashes 20% from June peakChina’s CSI 300 index entered bear market territory on Thursday, falling 20% from its June peak amid concerns over taxation policies, slowi...
When it comes to Trump's economy, these are the numbers that matter before mid-term electionsUnited States President Donald Trump attempted to convince voters before the upcoming mid-term elections that the American economy is growi...
Warren Buffett’s stock market warning: Could record highs signal a crash? Here’s what history reveals about what comes nextAs world order remains in turmoil, markets are feeling the brunt of uncertainty. Warren Buffett, the legendary investor behind Berkshire Ha...
Meet John Lee, who began investing in UK shares in 1987; by 2003, his portfolio crossed £1 million after £125,000 in contributionsLee followed a long-term approach when it came to investing. He did not spend his money across investment funds managed by financial compan...
Central bankers eye higher rates as AI boom fuels scramble for cashThe surge in artificial intelligence is sparking worldwide investments while simultaneously elevating borrowing rates for both governments ...
Big US bank stocks head for longest weekly losing streak since 2008Major US banks are experiencing their longest weekly losing streak since the 2008 financial crisis, driven by mixed quarterly earnings and ...
Dr Doom, who predicted global financial crisis, has a forecast for IndiaEconomist Nouriel Roubini, known as “Dr Doom” for predicting the 2008 Global Financial Crisis, sees India emerging as a major growth story ...
Supreme Court rules against Yes Bank's write-off of Rs 8,415 crore AT1 bondsThe Supreme Court confirmed the decision of the Bombay High Court regarding Yes Bank's AT1 bonds. This ruling impacts ₹8,415 crore in bonds...
Global Market: South Korean shares rebound, but head for biggest weekly loss in 18 yearsSouth Korea’s KOSPI rebounded 2.36% on bargain hunting after a steep selloff, but remained on track for its biggest weekly decline since Oc...
Gen Z in US are more miserable than previous generations, 1 in 4 young adults seeking treatment for depression: PollRecent surveys reveal a troubling trend: Gen Z's mental health is deteriorating, with many grappling with depression. A mere 44% of young a...
In 1998, MGM billionaire Kirk Kerkorian paid $4 million for a Beverly Hills property and built a 9,700-sq-ft mansion; 17 years later, the property sold for $19 millionIn 1998, Kirk Kerkorian purchased a villa in Beverly Hills for $4 million and later sold it for $19 million. After Kerkorian's death, Steph...
TCS, HCL Tech, Infosys shares surge up to 11% in 2 days; Nifty IT soars 2,000 points. More steam left for rally?Indian IT stocks rallied as concerns over AI-driven disruption eased, triggering an “anti-AI” trade. The Nifty IT index surged over 2,000 p...
Mortgage hedging adds selling pressure to US Treasury market as yields surgeRising US Treasury yields and mortgage rates have triggered increased mortgage-related hedging, adding selling pressure to the bond market....
Warren Buffett says most people shouldn't pick stocks. Here's how he wants his family to invest his wealthWarren Buffett continues to recommend low-cost S&P 500 index funds for building wealth over time. He emphasizes that average investors shou...
Mortgage rates for 30 years rise 3 year high due to long-term US Treasury yields. How does it impact homeowners' monthly principal, interest payments and what to expect in near future?US Bonds Market: The rise in yields has pushed 30-year mortgage rates to a nearly three-year high of 7.4 per cent, keeping many homeowners ...