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Trump picks inexperienced ally Bill Pulte to replace Tulsi Gabbard as top US intelligence officalPresident Donald Trump has appointed Bill Pulte, a loyalist housing official, as the new head of US intelligence. Pulte, who lacks national...- Double, Trouble, Toil and the AI Bubble: Why the boom may not be what it seemsAs India navigates its AI and innovation trajectory, skepticism looms large. While AI technologies have fueled market growth worldwide, the...
- Barney Frank dies at 86: Who was the liberal firebrand behind Dodd-Frank, Wall Street reform, and America’s LGBTQ political revolution?Who was Barney Frank? The death of Barney Frank marks the end of one of the most consequential and controversial political careers in moder...
- Sacked H-1B staff asked to do more B-2 paperworkTech giants such as Amazon, Oracle, and Meta have laid off thousands of employees in the past few months, and a large number of the affecte...
- US stock market today: Why is Dow Jones crashing while the S&P 500 and Nasdaq rise? Dow falls 260 points as inflation heats up and Trump heads to ChinaUS stock market today: Dow Jones, S&P 500, and Nasdaq moving in opposite directions. Dow falls 260 points today as inflation heats up and P...
- Global Markets | Australia shares fall as CBA plunges 10% on earnings miss, housing tax changesThe budget proposed restricting negative gearing to newly built homes and replacing the 50% capital gains tax discount with inflation inde...
- Rocket Companies to acquire Mr. Cooper Group in a $9.4 billion deal, reshaping the $2.1 trillion mortgage industryRocket Companies is making a major move by acquiring Mr. Cooper Group in a $9.4 billion all-stock deal. This merger will create a mortgage ...
- Genworth to sell 34% of Australian unit in IPORichmond, Virginia-based Genworth Financial will sell 200 million shares, another 20 million options in Australian company.
- IBM to help Axis Bank provide efficient customer care serviceTechnology giant IBM today said it has been engaged by Axis Bank in a large project to provide more efficient customer care services to its...
- Banks should share Fannie, Freddie costs: USLargest US banks have an obligation to pay some of the cost for bailing out mortgage buyers Fannie Mae and Freddie Mac.
- Bank of America to pay borrowers $108 millionBank of America will pay $108 million to settle federal charges that Countrywide Financial Corp., which it acquired nearly two years ago, c...
- British FSA launches probe into Goldman ops: ReportThe British financial regulator FSA has started a probe into the London operations of Goldman Sachs, following the charges of fraud slapped...
- Indian charged of planting virus in network; pleads not guiltyAn Indian computer programmer, working with a US mortgage giant, has pleaded not guilty to the federal charges that he had planted a virus ...
- US foreclosures drop but storm clouds ahead: ReportUS home foreclosures, at the root of the global financial crisis, fell to the lowest levels in five months in November but it may be a lull...
- Fannie, Freddie disclose subpoenas, investigationsAdding to their woes, mortgage finance giants Fannie Mac and Freddie Mac are facing a federal grand jury investigation into their accountin...
- Democrats to add subprime relief to treasury’s rescue proposalUS Treasury Secretary Henry Paulson is sending his plan to rescue the financial system to Congress as Democrats prepare to turn it into a v...
- AIG survival prospects dim on credit downgradeThree major credit agencies lowered their ratings for AIG, dashing hopes to save one of the one world's biggest insurance companies amid a ...
- Fannie, Freddie shares sputter after US offers lifelineShares in Fannie Mae and Freddie Mac struggled on Monday after a near-meltdown last week, as investors mulled a weekend plan offering a gov...
- Job losses in 2007 cross 40k markAt the North Carolina offices of mortgage lender HomeBanc, Archie Clark is the only employee left. But in a few days, he’ll be gone too.
- Rishad Premji joins WiproRishad Premji, the elder son of Wipro chairman Azim Premji, has formally joined the IT giant on Thursday.
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