India’s inclusion in the J.P. Morgan’s GBI-EM suite of local currency indices could potentially open the door to more foreign investment and support for the country’s economic progress. At the end of June, Indian government bonds joined J.P. Morgan’s GBI-EM suite of local currency indices in the most significant reconstitution…

Many businesses are likely to take days or even weeks to fully recover from Friday’s unprecedented computing outage, IT experts have warned, after a faulty software update from the company they trusted to secure their systems caused massive global disruption. CrowdStrike, one of the world’s largest security vendors, blamed an…

Donald Trump may not have changed in the past week, but the presidential race clearly has. In the seven days since his brush with an assassin’s bullet, Trump has: ► Had supporters speak reverently about their view of God’s plan to save his life, elevating him to an almost divine…

Today, July 19, 2024, the IRS and Treasury Department released long-awaited final regulations on Required Minimum Distributions. RMDs are mandated yearly withdrawals from IRAs, 401(k)s and other tax deferred retirement plans. The final regulations clarify changes brought about by the SECURE Act, which took effect in 2020, and the SECURE…

Mortgage rates were mixed this week with the standard 30-year note declining slightly for the fourth consecutive reading, while shorter-term rates ticked up a bit. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage ticked down to 6.86% this week…

A federal appeals court on Thursday issued a ruling that blocks the Biden administration from continuing to implement a new version of its student loan debt handout plan that is designed to reduce monthly payments for borrowers. The U.S. Eighth Circuit Court of Appeals granted a request by seven Republican…

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The Consumer Financial Protection Bureau is cracking down on so-called paycheck advance programs, which have grown popular with workers in recent years.Such programs, also known as earned wage access, allow workers to tap their paychecks before payday, often for a fee, according to the CFPB.The CFPB proposed an interpretive rule…

A fault with an update issued by cybersecurity company CrowdStrike led to a cascade effect among global IT systems Friday, with industries ranging from banking to airlines facing outages.Banks and health care providers saw their services disrupted and TV broadcasters went offline as businesses worldwide grappled with the ongoing outage.…

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Corporate America gave social activism a go. Between 2020 and 2023-ish, it really seemed like the big guys were done with the old ways of ignoring societal injustices and…