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Bank of America, Brian Moynihan, has said that he has not seen a recession on the horizon of the US economy, reports 'The Hill'. Participating in CBS’s Margaret Brennan on “Face the Nation” Sunday, he tried to defend Joe Biden and the Federal Reserve by indicating that they have managed a “soft landing” for the US economy after inflation troubles in recent years.

A poll conducted by Paradigm Policy Lab revealed a growing affinity for cryptocurrency among Democratic voters, potentially reshaping the landscape of the upcoming presidential election.

An attorney for former President Donald Trump has filed a legal notice announcing that his client plans to sue the Justice Department and the FBI for $115 million for alleged «malicious political prosecution» and «abuse of process.»

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

life insurance industry in India registered growth in July, with the total annualised premium equivalent (APE) increasing by 16.9% year-on-year. This growth was primarily driven by the private sector, which saw an impressive 18% rise in APE. Life Insurance Corporation of India (LIC), the country's largest insurer, recorded a more moderate increase of around 13.5%. APE is the sum of annualised first-year premium on regular premium policies and 10% of single premium policies written in a fiscal year.

Consumer goods companies such as Hindustan Unilever (HUL), Dabur, and Godrej Consumer Products (GCP) are amping up their influencer marketing strategies to boost customer engagement, brand loyalty, and awareness, underscoring the growing role of influencers in purchasing decisions of consumers. In their FY24 annual reports, these companies highlighted the rising role of influencers in the overall marketing mix as consumers are spending more time on short-form snackable content on platforms like Instagram and YouTube. This scenario has led companies to engage with macro, micro, and nano influencers for driving brand visibility. A recent EY report predicted that India's influencer marketing industry will reach ₹3,375 crore by 2026, from ₹2,344 crore in 2024, largely due to the growing use of social media influencers for sales and brand engagement.

The Mallorca Files has recently concluded its third season, which premiered on August 8. As viewers revel in the latest episodes, anticipation is high regarding the future of the show. Fans are eager to learn whether The Mallorca Files will be renewed for a fourth season or if it faces cancellation.

Citigroup is taking a significant step to pare down its wealth management division with a plan to sell off its trust administration and fiduciary services business.

It Starts With Us, are already underway. Director and star Justin Baldoni has recently addressed the potential direction of the sequel, suggesting that while he is open to the idea, he believes Blake Lively would be an ideal choice to take on the directorial role, as per a Coming Soon report.

IIT Madras leading the list of best institutes in the country, aside from engineering schools, while the Indian Institute of Science, Bangalore has led the university rankings, followed by JNU and Jamia Milia Islamia University. IIM A again leads management rankings, while Hindu college leads college rankings, followed by Miranda House and St Stephens college. 10,885 higher education institutions participated in the NIRF 2024, and the research showed that the top 100 institutes conduct most Indian R&D. DETAILS: The IITs have eight of the top ten rankings. The only non-IITs in the top ten are AIIMS (ranked seventh) and JNU (10th). AIIMS leads the medical school rankings, while National Law School in Bangalore tops the law school list. Anna University is at the top of the state public university rankings.

independent directors and aspirants to headhunters to make it easier for companies to hire such key personnel to their boards, Ajay Bhushan Prasad Pandey, chairman of National Financial Reporting Authority (NFRA), the country's audit regulator, told ET. On August 2, Pandey huddled with top executives of 17 major executive search firms, including Korn Ferry, Egon Zehnder, ABC Consultants, Kestria, Pedersen & Partners, DHR Global, Boyden, Sheffield Haworth and KPMG. «We received a very enthusiastic response from them,» he said. «They were also asked to suggest ways to further bolster the data bank and its applicability.» Pandey also heads state-run Indian Institute of Corporate Affairs (IICA), with which all independent directors and those aspiring to take on such roles are mandated to register.

Iran is preparing to supply Russia with hundreds of ballistic missiles. State Department deputy spokesperson Vedant Patel emphasised on Monday that if this transfer occurs, it would mark a significant escalation. On Friday, Reuters reported that dozens of Russian military personnel are being trained in Iran to use the Fath-360 close-range ballistic missile system, according to two European intelligence sources. They added that they expected the imminent delivery of hundreds of the satellite-guided weapons to Russia for its war in Ukraine. According to the report, Russian defence ministry representatives are believed to have signed a contract on Dec. 13 in Tehran with Iranian officials for the Fath-360 and another ballistic missile system built by Iran's government-owned Aerospace Industries Organization (AIO) called the Ababil.

BJP on Monday rejected the Congress' demand for a Joint Parliamentary Committee (JPC) probe into Hindenburg's allegations and said the Opposition party was conspiring to bring about «economic anarchy and instability» in India. The Congress has been demanding Buch's resignation and that a JPC investigation be ordered to assess the full extent of what it described as the «Modani Mega Scam». Addressing a press conference at the BJP headquarters, senior party leader Ravi Shankar Prasad reiterated the party line that the short-selling firm's charge and the Opposition's criticism of the Sebi chairperson were part of a wider conspiracy. He claimed that billionaire investor George Soros is an investor in Hindenburg and is known for running a propaganda against the Narendra Modi-led government. «While India is being globally seen as a safe, stable and promising market, the Congress party wants to project that the Indian investment scenario is not safe,» he alleged, and claimed that the Opposition party was making use of the «chits» provided by foreign entities to damage the economy.

Congress on Monday rejected the Sebi statement about the latest Hindenburg report and demanded the Supreme Court hand over the probe into the US-based short-seller's charges against the Adani group to a Special Investigation Team or CBI in view of the reported conflict of interest of the market regulator's chief Madhabi Puri Buch. «Clearly, no institution is sacrosanct in Amrit Kaal. Did the Sebi chairperson recuse herself from the Adani investigations? Do these conflicts of interest explain the prolonged investigation, a delay that has benefited both Adani and the Prime Minister while damaging Sebi's reputation? How can a match proceed if the umpire herself is compromised? The Supreme Court, empowered by the Constitution, must transfer the investigation to the CBI or a Special Investigation Team given the likelihood of Sebi's compromise.

Donald Trump and his billionaire family have spent a whopping amount of $1 million on plastic surgeries and other works of aesthetic enhancements, reports the 'Daily Mail'. This amount has been spent on face lifts, hair transplants, nostril jobs and veneers, besides Botox and fillers. Quoting plastic surgeon to the celebrities Dr Gary Motykie, the British news outlet has said that surgical procedures and procedures he believes the Trump household has had by images of them over a few years. However, he has said that he has not seen or carried out procedures on anybody in the Trump family his evaluation is based on the images of the family members he has seen.

SpiceJet on Monday managed to avert a shutdown of its flights from Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai, resolving a tricky situation in the nick of time which could have affected several passengers. On Monday evening, CSMIA issued a passenger advisory stating that operations stating that effective midnight on 13 August 2024, SpiceJet flight operations from Mumbai International Airport are expected to be temporarily disrupted. “Mumbai International Airport is working with the airline to address the situation to minimise inconvenience to passengers,” the company said. However, within a few hours, the Adani-operated airport withdrew the advisory. In the meanwhile, the Ajay Singh-promoted SpiceJet issued a statement saying, «The passenger advisory issued by MIAL has been withdrawn. Our flight operations in and out of Mumbai are operating normally. SpiceJet and MIAL have worked collaboratively to swiftly resolve a minor financial matter.”

Revenue Minister Krishna Byre Gowda on Monday said that the state has recorded 58 deaths and crop damage in 80,000 hectares, due to «above normal» rains so far in the current monsoon season so far. More rains are anticipated in several parts of the state in the days ahead, and officials have been instructed to take precautionary measures, he said. «In the northern interior region, the average rainfall has been 260 mm, but this year it has received 322 mm, which is 24 per cent higher than normal. The Malnad region typically receives 1,127 mm of rainfall, but this year it has received 1,361 mm, 21 per cent higher than normal.

release date for The Accountant 2 has been confirmed for April 25, 2025. The sequel, which will debut exclusively in cinemas, is generating considerable anticipation, especially given that it will be the only film slated for that particular release date. The sequel follows the success of the original film, which, despite a modest budget of $44 million, proved to be a hit. With a strategic release date that previously saw success for the film Challengers, there are high hopes that The Accountant 2 will replicate this success. The following weekend will see the debut of the MCU’s highly anticipated film, Thunderbolts, setting up a competitive release window, as per a report by Movieweb.

Google experienced a significant outage affecting users across the globe. Starting around 9 am ET, individuals reported issues accessing key Google services, including Gmail, the search engine, YouTube, and more. Downdetector, which monitors online outages, recorded a sharp increase in complaints, revealing a widespread impact. Regional Impact and Service Breakdown The outage particularly affected major US cities such as Los Angeles and New York City, with additional reports from Houston, San Francisco, Dallas, Boston, and Chicago. According to Downdetector’s heat map, 57% of the reported problems were related to Google’s search functionality, 31% were linked to website performance, and 11% concerned Google Drive.

interim government head Muhammad Yunus after police officers agreed to call off their strike and return to work. Bangladesh descended into chaos last week after Prime Minister Sheikh Hasina resigned and fled to India in a military aircraft while the Army stepped in to fill the power vacuum. As the news of Hasina's departure spread, hundreds of people broke into her residence, vandalising and looting the interiors, providing dramatic expression to the anti-government protests that have killed more than 500 people in a fortnight. On Monday, General Zaman said that soldiers will return to barracks once police resume normal operations. He made the comments while responding to questions from journalists at an event here.