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Insurers Told to Ditch Project Teams for Product Model
Stocks9d ago

Insurers Told to Ditch Project Teams for Product Model

A new industry analysis urges insurers to replace project-based tech teams with product teams built around underwriting and claims, warning that silos begin with structure, not communication.

FDA Recalls 40,000 Clear Eyes Bottles Over Contamination Risk
Stocks9d ago

FDA Recalls 40,000 Clear Eyes Bottles Over Contamination Risk

FDA announced a nationwide recall of nearly 40,000 Clear Eyes eye-drop bottles due to potential contamination. Consumers advised to stop use and return product.

173,000 crypto traders liquidated as $2.98B wiped out
Crypto9d ago

173,000 crypto traders liquidated as $2.98B wiped out

Short sellers lost $2.74B, 92% of all liquidations. A $48.8M BTC-USD trade on Hyperliquid was the largest single position. All-time record remains $19.16B.

Why India's proposed banking panel has a tough reform task
Macro9d ago

Why India's proposed banking panel has a tough reform task

Finance Minister Nirmala Sitharaman announced a high-level panel on banking reforms. The Mint editorial outlines the challenges: unfinished reforms, PSB stake reduction, digital disruption, and the e-rupee.

Roof Data Shows Climate Risk Builds Between Storms, Not Just During Them
Stocks9d ago

Roof Data Shows Climate Risk Builds Between Storms, Not Just During Them

Analysis of 2.8 billion roof observations shows temperature swings accelerate roof aging by 23%. The data suggests insurers should track property condition between storms, not just during them.

Australia Jobless Rate Hits 4.5%, Highest Since Late 2021
Forex9d ago

Australia Jobless Rate Hits 4.5%, Highest Since Late 2021

Employment fell 15,800 in July, the first drop in months, pushing the jobless rate to its highest since late 2021. Full-time roles rose; part-time drove the decline.

Fortescue net profit falls 15% on $525m Iron Bridge impairment
Commodities9d ago

Fortescue net profit falls 15% on $525m Iron Bridge impairment

Fortescue's statutory net profit fell to US$2.9 billion, hit by a $525m impairment at Iron Bridge. Underlying earnings improved on higher volumes and iron ore pricing. The miner is also investing in a 2.4GW Pilbara green grid.

Japan Exports Surge 23.2%, but Weak Yen and Oil Shock Distort the Headline
Forex9d ago

Japan Exports Surge 23.2%, but Weak Yen and Oil Shock Distort the Headline

Japan's July exports rose 23.2%, beating consensus. Weak yen and oil prices distort the headline: volumes only +5.2%, trade deficit widens to ¥634.5bn.

Energy Transfer Pipeline Delay Risks Oracle Data Center Power
Commodities9d ago

Energy Transfer Pipeline Delay Risks Oracle Data Center Power

ET's $5.9B capex plan includes a gas pipeline for Oracle's data center now delayed six months by state and federal certification hurdles, risking cancellation.

US Treasury Debt Hits $40 Trillion; Bessent Doubles Buybacks
Stocks9d ago

US Treasury Debt Hits $40 Trillion; Bessent Doubles Buybacks

The 30-year Treasury yield touched 5.31% as investors absorbed $1 trillion in new debt in three months. Treasury Secretary Bessent doubled the buyback program starting September 9.

BSE, MSCI pact; LIC gets RBI nod for up to 9.99% HDFC Bank stake
Stocks9d ago

BSE, MSCI pact; LIC gets RBI nod for up to 9.99% HDFC Bank stake

BSE, MSCI pact; LIC gets RBI nod for up to 9.99% HDFC Bank stake; Aditya Infotech to raise ₹1,500 crore; Titagarh Rail gets Railways vendor approval; Gravita adds 59,200 TPA copper recycling capacity; Ramco Systems wins Pem-Air deal; Strides Pharma gets USFDA closure letter; Ceigall India bags ₹2,423.70 crore road contracts.

Why Marathon Petroleum Is Running Up 121% in 2026
Commodities9d ago

Why Marathon Petroleum Is Running Up 121% in 2026

MPC is up 121% in 2026 on surging refining margins and aggressive buybacks. At $285, the stock has already priced in peak-cycle earnings — the next margin report will decide the next leg.

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