Fed considering changes to what constitutes a ‘well-managed’ bank

The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation, in Washington, D.C., on Jan. 26, 2022. Joshua Roberts | Reuters The Federal Reserve is taking another step toward easing regulation for big financial institutions, this time … Read more

Zee Business Top Picks 7th Oct’22: Top Stories This Evening – All you need to know

Zee Business Top Picks 6th Sep’22: Sensex, Nifty gain over 1% each in holiday-shortened week; IT and Metals shine most – what should investors do? Among other top news, know the top gainers and losers on the Indian stock markets and who to succeed CJI UU Lalit’s after his brief 74 days tenure to ends on Nov 8? Here … Read more

The average 401(k) savings rate is at record-high levels, report finds

Milan Markovic | E+ | Getty Images The average 401(k) savings rate has maintained a record high, as some retirement plans make it easier for workers to enroll and contribute. In 2024, the average combined savings rate for employee deferrals and company deposits was an estimated 12%, according to Vanguard’s newly released yearly analysis of … Read more

Trump’s ‘big beautiful bill’ cuts SNAP for millions of families: Report

People shop at a grocery store in Manhattan, New York City, on April 1, 2025. Spencer Platt | Getty Images Republicans’ “big beautiful” reconciliation package includes tax cuts that policy researchers have found primarily benefit the wealthy.  To help pay for that, the legislation also includes “substantial” cuts to the Supplemental Nutrition Assistance Program, or … Read more

Trump’s ‘big beautiful bill’ ends $7,500 EV tax credit

Halfpoint Images | Moment | Getty Images President Donald Trump’s signature on his so-called “big beautiful bill” was a death blow for tax credits that lowered the cost of electric vehicles. Those tax credits — worth up to $7,500 and $4,000 for purchases of new and used EVs, respectively — won’t be available after Sept. … Read more

Paying for your own cell phone plan

These days, it’s common for parents to give their adult children some financial support. But it wouldn’t take a lot to be considered independent. About three-quarters, or 76%, of Americans say that coming off a parent’s cell phone plan is one of the “ultimate signs” of adulthood, according to a recent survey of over 2,000 … Read more

How ‘revenge saving’ can improve your finances

Americans are tightening their belts, as concerns about tariffs, inflation, job security and market volatility have prompted many consumers to pare back their spending and increase their savings, financial experts say. The U.S. personal saving rate — the percentage of disposable income that U.S. households save, after they pay taxes and spend money — has … Read more

What’s likely to move the market

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching and what’s on the radar for the next session. The Nasdaq Composite The tech-heavy Nasdaq … Read more

Exxaro Tiles targets European and US markets for growth

In keeping with Exxaro Tiles Ltd’s upward growth trajectory, there have been noteworthy developments pertaining to its performance. Capitalising on premium products continues to be one of its key strategic priorities. In line with this, its most recent milestone has been the new order worth Rs 35-40 crore, which the company bagged from big size … Read more