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Former RBI Governor Raghuram Rajan, Delhi-born American economist Raj Chetty and senior Microsoft executive Asha Sharma have been roped in by the US Federal Reserve to review the manner in which it conducts monetary policy. The five task forces announced by the newly appointed US Federal Reserve chairman Kevin Warsh also include former Bank of…

Oil Demand Recovery Is Under Way But U.S.-Iran Escalation Clouds Outlook, IEA Says Consumption is projected to fall by 1 million barrels a day this year, but the pace of decline is easing. —- Oil Posts Weekly Gains on Renewed Middle East Skirmishes Oil futures ended the week higher on a renewal of military strikes…

Retirement doesn’t unfold all at once, so your finances shouldn’t be planned that way either. Life after 65 breaks into distinct stages, each with its own costs, risks and priorities. Here are the four financial stages of retirement and what to do to be ready for them. For You: Owning vs. Renting: See Which Is…

Founded in 1924, MFS (Massachusetts Financial Services) had $644.7 billion in assets under management as of June 30, 2026. The company manages more than 80 portfolios, which invest in domestic and global stocks along with fixed-income debt securities. It focuses on providing a wide variety of financial products and services to fulfill the needs of…

NEW YORK (AP) — U.S. stocks ticked higher Friday after Wall Street showed its appetite is still big for winners of the artificial-intelligence boom. The S&P 500 rose 0.4% to close out its fourth winning week in the last five. The Dow Jones Industrial Average added 149 points, or 0.3%, and the Nasdaq composite climbed…

SK Hynix, one of the world’s largest makers of memory chips, is hitting the U.S. stock market at a time when demand for its chips is outpacing its ability to make them thanks to the frenzy over artificial intelligence. The company is already one of the largest in South Korea, along with Samsung Electronics, and…

Next week, several exchange-traded fund companies plan to hit the market with the latest ETFs, offering a way to add leverage to bets on single stocks, in this case, on the South Korean chip giant SK Hynix, which began trading in the U.S. on Friday. The development should come as no surprise: similar SK Hynix…

Show Quick Read Key points generated by AI, verified by newsroom Quote reflects his investment philosophy emphasizing patient, sustainable growth. Warren Buffett is one of the world’s most successful investors and the chairman and CEO of Berkshire Hathaway. Often referred to as the “Oracle of Omaha”, Buffett is admired not only for his remarkable investment…

The Federal Reserve held its ground on interest rates this week, but the language coming out of the building was anything but neutral. New Fed Chair Kevin Warsh used his first FOMC meeting to deliver a clear message: inflation is still too high, and the central bank isn’t going to blink. Bitcoin apparently liked what…

A hot potato: Xbox CEO Asha Sharma has been chosen to co-lead a Federal Reserve task force examining productivity and employment. Somewhat ironically, her new advisory role comes only three days after Microsoft unveiled the largest restructuring in Xbox’s history, which will eliminate 3,200 positions and immediately put 1,600 people out of work. The Productivity…