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Category: Finance

Indian banks fraud recovery rate Parliament disclosure Rs 1.42 lakh crore
Finance News

India’s Banks Recovered Just 4.5% of Rs 1.42 Lakh Crore in Fraud

1 month agoMason Miller

Parliament data show Indian banks recovered barely Rs 6,389 crore of Rs 1.42 lakh crore in fraud, even as recovery agent complaints against borrowers doubled.

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Michael Burry Big Tech hidden AI data center debt warning
Finance News

Michael Burry’s $1.65 Trillion Warning Reveals Big Tech’s Hidden Lenders

1 month agoMason Miller

Nikkei data puts Big Tech's off-balance-sheet AI debt at $1.65 trillion, most of it now absorbed by private credit firms like Blue Owl and PIMCO.

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small business owner AI bookkeeping error tax liability risk
Finance News

Small Business AI Bookkeeping Cuts One Error, Creates a Sneakier One

1 month agoMason Miller

The IRS's new Circular 230 guidance puts liability for an AI's tax math errors on small business owners even as adoption keeps climbing.

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TallyMoney founder Cameron Parry warns UK savers about bank risk
Finance News

TallyMoney Boss Warns Banks Fail Savers, but His Gold Fix Has Cracks

1 month agoMason Miller

TallyMoney's founder calls British banking structurally flawed, but his own gold savings account carries no FSCS cover and swung 25% this year.

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MoneyLion One premium banking membership Gen Digital LifeLock launch
Finance News

MoneyLion One’s Free Perks Run on Gen Digital’s Billion-Dollar Bet

1 month agoMason Miller

MoneyLion One offers free cashback and LifeLock identity protection for direct-deposit users, but Gen Digital, its cybersecurity parent, wrote the playbook.

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Houthi Red Sea blockade threatens Saudi Arabia oil exports stock market
Finance News

Houthi Blockade Threatens the Pipeline Holding Oil Prices Down

1 month agoMason Miller

Wall Street slid Monday as Houthi rebels targeted the Red Sea pipeline route Saudi Arabia has used for months to dodge a Hormuz shutdown, oil traders said.

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Google TPU chips OpenAI Microsoft Azure AI infrastructure race
Finance News

Alphabet’s Chip Bet Gains Ground as OpenAI Taps Google’s Own Silicon

1 month agoMason Miller

OpenAI runs AI workloads on Google's TPUs even as Microsoft remains its biggest backer, revealing where the AI infrastructure edge is shifting.

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Pakistan banking sector Q2 2026 profit decline provisions surge
Finance News

Pakistan’s Banks Brace for a Weaker Q2 as Rate Cuts Give Way to Provisions

1 month agoMason Miller

Topline Securities sees Pakistani bank profits falling 10% in Q2 2026 as capital gains fade and provisions jump sixfold after a surprise SBP rate hike.

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UAE Bank Curbs Impact Indian NRI FCNR Dollar Deposit Rates
Finance News

UAE Curbs Hit the Leverage Trade Fueling India’s Dollar Deposit Rush

1 month agoMason Miller

UAE limits on bank representative offices are hitting the leveraged NRI deposit trade India needs most, just as its FCNR(B) drive falls behind schedule.

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OnePay Upgrade personal loans Walmart banking app deal
Finance News

OnePay’s Upgrade Deal Completes the Bank Walmart Never Chartered

1 month agoMason Miller

OnePay's tie-up with lender Upgrade puts $1,000 to $50,000 loans in its app, the newest link in a partner chain built since Walmart's 2007 bank charter bid failed.

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