Federal Reserve Governor Jerome Powell said the U.S. central bank needs to step up monitoring of financial excesses following an extended period of record-low interest rates, citing commercial real estate as one area of concern. “With inflation under control, overheating has shown up in the form of financial excess,” Powell ... Read More »
It turns out that Prince wasn’t just an incredible musician, but also a prolific real estate investor—and maybe a closet gold bug. The enigmatic singer had acquired $25.4 million worth of real estate and other personal property at the time of his death last year, according to a file released ... Read More »
Schools are in access of students, but what about education? The question that arises here is whether the enrolment ratio is enough to say that our students are getting education. Can we say that if there are a large number of schools then the literacy rate will increase in next ... Read More »
All one needed to be in the real estate sector was political connect and muscle power. Money and skill sets were least of the concerns for an entrepreneur. Skill sets were available off the shelf or as in most cases outsourced to a developer who would design and erect the ... Read More »
WHEN they started working on it, their vision was to create a positive impact on the world. For education start-up Gradeup, its young founders — Shobhit Bhatnagar, Vibhu Bhushan and Sanjeev Kumar — saw ‘education as the most fundamental way of empowering people’. “With the rise of mobile phones and ... Read More »
Apple (AAPL.O) will launch a legal challenge this week to a record $14 billion EU tax demand, arguing that EU regulators ignored tax experts and corporate law and deliberately picked a method to maximize the penalty, senior executives said. Apple’s combative stand underlines its anger with the European Commission, which ... Read More »
GOOD NEWS, BAD news. A security firm says that the US Election Assistance Commission, which exists in part to help keep voting machines secure, was hacked, with 100 login credentials for sale on the black market. The good, or at least better, news is that the hack doesn’t appear to ... Read More »
The house was owned by the Disney family until 2015 — and Disney’s influence can be seen in the home’s colors, design and art deco influences. The house is 2,443-square-feet and has a pool, patio and impressive mountain view. Check out more photos of the home below: Zillow The entrance ... Read More »
IN THE technology editor’s office: two stickers depicting passenger jets, attached lopsidedly to the window by a previous inhabitant of the room about 20 years ago, perhaps while tipsy. In the business editor’s office: a heap of notebooks on the floor. In the corridors: modern art bought long ago, some ... Read More »
A group led by Betsy DeVos, Donald Trump’s nominee for education secretary, was hit with $5.2 million in fines for blatant election law violations in Ohio in 2008. When All Children Matter didn’t pay that fine, late fees added another $91,000. Now, Democratic senators are pushing for her to pay before ... Read More »
The city of Calgary gets an ‘A’ in socio-economic and physical health, according to the first-ever City Health Monitor report by the Conference Board of Canada. Second only to Saskatoon, Calgary ranks ahead of seven other metropolitan hubs in categories such as access to health-care services and life satisfaction. Winnipeg ... Read More »
The choice of words of Manmohan Singh, former prime minister and an economist, for his column in The Hindu on demonetisation impact on India’s economy, beginning with the title, Making of a mammoth tragedy, should worry the average Indian. Even if one tends to discount the politics of Singh’s article, the former ... Read More »
