Fallout Financial News

Subscribe to enjoy similar stories. The outcome of November’s US presidential election will have profound consequences for democracies worldwide and for geo-political flashpoints like Ukraine, the Middle East and Taiwan. But the potential economic fallout could be equally far-reaching.

US Federal Reserve's half-a-point interest rate cut on Wednesday — the first cut in four years — in their stride on expectations that 'Fedhead' Jerome Powell is front-loading the downcycle. This is the less scary scenario over the US tipping into a recession, and investors seem quite comfortable with it. But the rate action may not have played through yet.

Subscribe to enjoy similar stories. The war in Gaza that started on 7 October 2023 is nearly a year old and shows no signs of ending anytime soon. That the war broke out is not a surprise to veteran market watchers, its continuation is.

Subscribe to enjoy similar stories. The flapping of a butterfly’s wings can cause a typhoon halfway across the world. That seemingly outlandish notion gave rise to the Butterfly Effect, the idea that tiny events can trigger huge, nonlinear impacts.

The water level of the Mississippi River is unusually low for the third straight year, forcing barge companies to put limits on how much cargo they can carry and cutting into farm profits

At its annual Private Investor Forum, held at the IET London yesterday (11 September), a member of the audience asked if the company had «considered what impression you would give to your investors by your choice of a less than diverse panel this afternoon?». «Diversity is one of the things which is supposed to contribute to the success of companies, and I do not think that you are showing a great deal with it this afternoon,» the guest asked in the Q&A portion of the presentations. 'Huge issue for money managers': The long-term fallout for asset manager sponsorship after Ba...

PricewaterhouseCoopers' China unit, the audit major is likely to tap senior partner from the United Kingdom to run its business in the East Asian country as fallout from collapsed property developer Evergrande continues to mount, reported The Financial Times quoting its souces.

The Secret Lives of Mormon Wives are eagerly awaiting news on whether the show will be renewed for a second season. The series, which premiered on September 5, explores the lives of the Mormon moms behind the viral TikTok #MomTok group, focusing on the fallout from a «soft swinging» sex scandal that surfaced in 2022. Despite the show’s engaging content and dedicated fan base, Hulu has yet to confirm the renewal for a second season, as per a report by People.

Sebi officers across grades protested Thursday at the headquarters of the capital markets regulator in Mumbai’s financial nerve centre, demanding the resignation of chairperson Madhabi Puri Buch while also seeking withdrawal of the organization’s media statement that described their letter to the Centre as a likely fallout of instigation by unidentified ‘external elements’. The silent protest held within the premises of Sebi Bhavan, in Bandra Kurla Complex, lasted for one and a half hours. This is the second silent protest by the officers this year after their complaints about HR issues to the top management went unheard. The first protest—a 15-minute sit-in — was held on August 5, a day before the employees sent their complaint to the finance ministry.

The film's OTT streaming rights have been acquired by Netflix for a record Rs 270 crores, as per a report. Netflix has reported got rights for all languages of Pushpa 2. Speculations regarding a delay due to a fallout between Allu Arjun and director Sukumar were laid to rest after the two were seen together at a recent preview event. The makers of the film have released two songs, each enjoyed by fans, adding to the excitement for the upcoming release.

Lauren Sanchez opened up about her life with Jeff Bezos, sharing that their home life is much more low-key than what people might expect. While the couple is often seen on luxurious yachts, their time at home is quite different. Sanchez emphasized that her favorite moments are when the house is calm and they are deciding what show to watch together, as per the reports of Page Six. Sanchez expressed that when she and Bezos have time to relax at home, they like to catch up on TV shows. She highlighted that these quiet moments are her favorite, as they both enjoy spending time together in a peaceful setting. The former news anchor, now 54, mentioned that they take their time choosing what to binge-watch, as their tastes can vary.

UPSC) to perform Aadhaar-based authentication to verify candidates' identity on a voluntary basis, both at the time of registration and during various stages of examinations and recruitment. The move assumes significance as the commission last month cancelled the provisional candidature of probationary IAS officer Puja Khedkar and debarred her from all future examinations for fraudulently availing attempts in the civil services examination beyond eligibility. Khedkar has also been accused of misusing disability and Other Backward Classes or OBC (non-creamy layer) quotas, among others. In a notification, the personnel ministry said the UPSC «is allowed to perform Aadhaar authentication, on voluntary basis, for verification of identity of candidates at the time of registration on 'One Time Registration' portal and various stages of examination/recruitment test, using Yes/No or/and e-KYC authentication facility».

A Swiss criminal court has convicted two top managers of a Saudi oil company facing charges including fraud and money laundering in a scam that swiped at least $1.8 billion from a Malaysian state-owned investment fund

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Twenty-six financial firms agreed to pay about US$393 million in total fines after the U.S. Securities and Exchange Commission said they failed to keep their employees’ electronic communications, the latest fallout from the regulator’s so-called WhatsApp investigations.

Team USA' gymnastics has spoken out about the troubled relations with her daughter and how she is looking forward to Biles' forgiveness and start their bonding afresh, forgetting the previous scars in their lives that led to a fallout. Biles has returned a champion from the Paris Olympics, winning back-to-back medals in gymnastics for Team USA and has become a top contributor for Team USA's medal haul in track and field events. Her mother, meanwhile, is elated at her feats at the global level and even thought the mother-daughter have a falling out, she expects that one day she would be able to asker her daughter for forgiveness.

Congress leaders on Sunday condoled former external affairs minister K Natwar Singh's demise with party chief Mallikarjun Kharge hailing his profound contribution to India's diplomacy and external affairs. Singh passed away on Saturday night after a prolonged illness, family sources said. He was 93. He breathed his last at Medanta Hospital in Gurugram near Delhi, where he had been admitted for the past couple of weeks, they said. «Our deepest condolences on the passing away of Former Union Minister, Shri K. Natwar Singh ji. An acclaimed intellectual and a Padma Bhushan recipient, he made a profound contribution to India's diplomacy and external affairs,» Kharge said in a post on X.

K Natwar Singh wore many hats as he straddled the worlds of diplomacy, politics and writing but what remained consistent across decades was his sharp-wit and plainspeaking. The former Congress leader had a love-hate relationship with the party as while he had a great equation with the likes of former prime ministers Indira Gandhi and Rajiv Gandhi, he had a fallout with Sonia Gandhi after allegations were levelled against him when he was part of the UPA-I Cabinet. Singh passed away on Saturday night after a prolonged illness, family sources said. He was 93. He breathed his last at Medanta Hospital in Gurugram near Delhi, where he had been admitted for the past couple of weeks, they said.

The Indian financial market experienced significant volatility in the past quarter. Fluctuations were notable during the national elections in June, and now with the recent declines, driven by various factors, such as concerns of recession in the US, the fallout of the Japanese Yen carry trade, and the ongoing geopolitical tensions. 

trailer for «Tell Me Lies» Season 2 has been released, revealing increased tension between Lucy Albright and Stephen DeMarco.

A week is a long time in politics," said former British prime minister Harold Wilson, briefing journalists at the time of a sterling crisis. It was in the mid-1960s and Wilson was referring to the far-reaching fallout of the crisis. Close to 60 years later, I could perhaps be pardoned for tweaking Wilson’s quote to suit the world of macroeconomics.