[ad_1] Intel introduced on Thursday that it had accomplished the chopping of 15% of its workforce that was introduced final quarter. Notably, the layoffs had been one of many first choices taken by new Intel CEO Lip-Bu Tan when he took over the corporate in March. In a press launch in regards to the Intel … Read more
The doorway to the Shopper Monetary Safety Bureau (CFPB) headquarters is seen throughout a protest on Feb. 10, 2025 in Washington, DC. Anna Moneymaker | Getty Photos Extra from Your Cash: Here is a have a look at extra tales on the right way to handle, develop and defend your cash for the years forward. … Read more
[ad_1] Mumbai: ICICI Financial institution Ltd expects additional strain on its internet curiosity margins (NIMs) within the July-September quarter, as the total impression of the Reserve Financial institution of India’s (RBI) fee cuts continues to play out. The non-public lender’s NIM—a key measure of profitability—has been steadily declining in latest quarters. It stood at 4.34% … Read more
[ad_1] (Bloomberg) — India’s top private-sector banks HDFC Bank Ltd. and ICICI Bank Ltd. could see profits come under pressure from loan growth at a three-year low and thinning margins driven by central bank rate cuts, as they report earnings this weekend. Margins face pressure from the Reserve Bank of India’s rate cuts — 100 … Read more
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
