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NEW DELHI (Reuters) – India’s stock exchanges have cut the daily share trading limits for digital payments firm Paytm to 10%, from 20%, after a $2 billion rout in the stock following a regulatory crackdown on the company’s banking unit. The new 10% limits will be applicable from Monday, the…

One of my favorite reads this year has been Michael Easter’s Scarcity Brain. In chapter four, “Why We Crave More,” he describes how we’re hardwired to think that having more—food, money, what have you—makes us safer. To illustrate the point, Michael uses the example of Dr. Leidy Klotz playing Legos…

Federal officials on Thursday announced that they are investigating “bait and switch” schemes associated with credit card rewards and travel programs.    The Consumer Financial Protection Bureau (CFPB) analyzed “several hundred consumer complaints” that are related to the administration of credit card rewards programs. In its analysis, the agency said…

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