The Bank of England “kept on printing money” after Covid, fuelling inflation, an ex-chief has admitted. Andy Haldane, the bank’s former chief economist, has said officials were overzealous during lockdown, stating the measures needed to quell the economic uncertainty may have gone on too long. Economists have long suspected that the bank’s policy of printing money and cutting interest rates […]

Initial cues from the U.S. Futures Index suggest that Wall Street might open positive. Asian shares finished higher, while European shares are trading up. As of 7.50 am ET, the Dow futures were gaining 100.00 points, the S&P 500 futures were adding 10.00 points and the Nasdaq 100 futures were gaining 54.25 points. The U.S. major averages all closed on […]

In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class — Naresh Goyal […]

European stocks advanced on Monday despite U.S. Federal Reserve’s hawkish stance on interest rates and the darkening economic outlook. On Friday, Fed Chair Jerome Powell signaled that rates may rise further but the Fed will “tread carefully.” Futures imply around an 80 percent chance of a steady outcome at the Sept. 20 meeting, but a 58 percent probability of a […]

Actors Ashli Haynes, Holly Cinnamon, and Kyra Jones are anxious, tired and frustrated that they are still on strike. It’s been over 120 days since the WGA went on strike and more than 50 days since SAG-AFTRA walked off set, and it has been a major disruption for everyone involved. While talks have resumed between the WGA and the AMPTP, […]

Disney needs its cable TV relationships to work. Its overall financial situation has been undermined by slow traffic at its theme parks and the struggles of its streaming businesses, with Disney+ at the top of that list. Streaming efforts have lost billions of dollars, and subscriber counts have fallen. Charter Communications, the big cable company, wants Disney to cut a […]

This expectation is based on resilient demand, government initiatives, and elections in key states. Lenders in India, comprising banks and finance companies, anticipate robust growth in retail credit during the upcoming festival season, stretching from September to December 2023. This expectation is based on resilient demand, government initiatives, and elections in key states. Nonetheless, the possibility for interest rate wars […]

EXCLUSIVE: Actor and rapper KaMillion has signed with Anonymous Content for representation in all areas. KaMillion currently stars in Issa Rae’s Max comedy series Rap Sh!t as Mia Knight, a single mother looking to make it as a rapper. She is set to reprise her role for Season 2, which premieres in November. Additional credits for KaMillion include Star (Fox), When Love Kills: […]

Rudy Giuliani has been found liable for defaming two Georgia election workers he claimed were part of a conspiracy to rig the 2020 presidential election. U.S. District Judge Beryl Howell also ordered that a trial be held on proposed damages to Ruby Freeman and Shaye Moss, the election workers that the former New York mayor had accused of manipulating votes. […]