Pandemic Financial News

OTTs like Disney Plus Hotstar, Netflix and Amazon Prime Video promises a little something for everyone. Here's a curated list of the most promising releases this week, from action movie ‘The Killer,’ comedy movie ‘Dina Hashem: Dark Little Whispers’ to drama show ‘At the Moment,’ and more. Release date: November 10 Platform: Netflix ‘The Killer’ is an American neo-noir action thriller film directed by David Fincher and written by Andrew Kevin Walker.

Reserve Bank of India Governor Raghuram Rajan said. “We should be going at 8%-8.5% given the needs of the population and the need for jobs,” Rajan said via video link at an event in Beijing on Friday. Economic growth at 6%-6.5% is strong compared with other countries, “but relative to our need for jobs I think it’s still somewhat slow because we have a lot of young people who need to be employed.” While India’s expansion has outpaced that of other major economies, the country isn’t creating enough jobs for the millions of people joining the workforce every year.

FRANKFURT (Reuters) — Germany's Allianz (ETR:ALVG) on Friday posted a 30% fall in its third-quarter net profit, dragged down by claims from natural catastrophes, although the financial services company maintained its full-year profit outlook.

If you think canceling plans is always good self-care, you might want to think again. People who keep an active social calendar not only enjoy a better quality of life—they could also stave off an early trip to the grave. Loneliness and social isolation were linked to an increased risk of death from any cause, according to new research.

gold allocation has benefited investors. With returns on gold mutual funds as of October-end close to 20% y-o-y, many of us might have missed the gold rally. But don’t let that dampen the Diwali spirit. Prospects for gold are looking good in the long term, giving you more reason than just the festivities to invest in the precious metal. International gold prices bottomed out in October last year and started moving up slowly over the next six months as the Federal Reserve became less aggressive with its rate hikes. Prices moved up sharply in March 2023 as a regional banking crisis erupted in the US and drove risk assets down. Risk aversion and expectations of Fed cutting rates in response to the crisis were the drivers. But the crisis did not spread to other parts of the economy and gold cooled off in the subsequent months. Meanwhile, inflation remained more than double the Fed's 2% target and US economic indicators were showing resilience, meaning there was more requirement and more room to hike rates. Fed began indicating a hawkish stance again. US yields and US dollar moved up and gold moved lower till September.

The federal government will give an update on the country’s finances later this month, with Finance Minister Chrystia Freeland set to deliver the fall economic statement as Canadians face difficulties amid high interest rates and ongoing cost of living concerns.

By Steve Scherer and David Ljunggren

The nation’s top accident investigator says a surge in close calls between planes at U.S. airports this year is a clear warning sign that aviation is under stress

Honda has reported that its profit jumped 34% in the July-September quarter from a year earlier as a cheap yen helped boost the Japanese automaker’s overseas strong earnings thanks to healthy demand, especially in the U.S. Honda’s profit rose to 254 bi...

The Census Bureau is predicting an older and more diverse America in the coming decades, along with other projections through the year 2100

Japanese technology company SoftBank Group has reported it racked up a huge loss in the July-September quarter, as some of its investments soured

The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for prospective homebuyers after rates touched a 22-year high just last month

The question of whether gold, oil and other commodities are right for individual client portfolios has always been a hard one for financial advisors to mine. So let’s dig into it.

Churu, Rajasthan: It’s forenoon Saturday in Rajgarh, a rural town in Churu district of Rajasthan. With a week to go before Diwali, the festival of lights that marks the peak of the festive season in India, one would expect a rush of shoppers. But the local market, which caters to more than 150 villages in its vicinity, wears a deserted look.

By Lananh Nguyen

It’s something we use everyday — couldn’t survive without, actually — and often take for granted.

A casual approach to desk allocation at work poses a risk to the market for office buildings, according to analysts at Morgan Stanley.

MONTREAL — National Bank of Canada won’t offer any more new safety deposit boxes, which allow customers to keep valuable items or important documents at bank branches. It’s the first large Canadian bank to stop offering this service.

GuideStone Capital Management President and CIO David Spika discusses the markets, inflation, and how the latest jobs report reflects the current state of the economy.

Flexible working isn’t turning out to be the boon for flexible-office providers that it might seem. WeWork co-founder Adam Neumann lamented this week that the company he used to run failed to take advantage of “a product that is more relevant today than ever before." Although he didn’t mention his own role in WeWork’s downfall, he has a point. Demand for flexibility is strong as companies try to strike a balance between the traditional office and letting employees work at home.

Americans are still spending more of their money on stuff than they did before the pandemic. There is little reason to think that is about to stop. Early in the pandemic, unable to spend on things such as traveling and dining out, and with their finances buoyed by government relief, people bought goods with abandon.