Author: kumbhorg

Investment banking giant JP Morgan has said it is struggling to predict how oil prices will be impacted by the US-Iran war, telling investors in a rare note that “we simply don’t know how to model the endgame”.The bank said it assumed at the start of the conflict that there would be “economic red lines” that the Trump administration would be unwilling to cross, and therefore it believed a deal would have been struck to open up the Strait of Hormuz shipping lane back in June.It said such red lines included oil prices rising above $100 a barrel, inflation reaching…

European Central Bank President Christine Lagarde stopped Binance from operating in the European Union, according to a Wall Street Journal report.  The newspaper on Thursday reported that the top crypto exchange was on the cusp of operating in the trading bloc but then was told it couldn’t after the central bank chief waded in.  EU law requires that local Crypto-Asset Service Providers (CASP) have a MiCA license. Binance does not. Binance in June withdrew its MiCA application in Greece.  “Lagarde wanted to keep the controversial crypto exchange, which pleaded guilty to financial-crime violations in the U.S., out of the European…

The Marathi film ‘Gondhal’ has been selected as India’s official entry to compete at the 99th Academy Awards, in the Best International Feature Film category. The Film Federation of India (FFI) announced the selection on Friday, with the Santosh Davakhar-directed film chosen from a list of 33 submissions.Written and directed by Davakhar, ‘Gondhal’ is set in rural Maharashtra and unfolds over a night centred around the traditional Gondhal ritual and a newly married couple. The film stars Ishita Deshmukh, Kishor Kadam, Yogesh Sohani, Nishad Bhoir and Anuj Prabhu, among others, with veteran composer Ilaiyaraaja scoring the music.P Sheshadri, chairperson of…

Pawan Sehrawat will replace Tajinderpal Singh Toor as India’s flag-bearer at the Asian Games opening ceremony in Nagoya on Saturday after the shot-putter was unable to receive his official kit in time.Sehrawat, a key member of India’s gold-medal-winning men’s kabaddi team at the previous Asian Games, will now join shooting star Manu Bhaker in leading the Indian contingent during the opening ceremony, chef-de-mission Sahdev Yadav told PTI.Toor’s absence is linked to the delayed delivery of the official kit. The 30-year-old told PTI that he was informed his kit would arrive at Nagoya airport only at 3pm, leaving him with little…

STAMFORD, Conn., Sept. 18, 2026 (GLOBE NEWSWIRE) — The Zcash ETF (Ticker: ZCSH) (the “Fund”), built by Grayscale, today announced its intention to effect a 3-for-1 forward share split of the Fund (the “Forward Split”). The Forward Split will not change the total value of a shareholder’s investment. The details are as follows:ProductSplit RatioThe Zcash ETF (NYSE Arca: ZCSH)3-for-1The Forward Split will apply to shareholders of record as of market close on September 28, 2026 (the “Record Date”), payable after market close on September 29, 2026 (the “Payment Date”). The shares are expected to begin trading on a post-split basis…

Scenario-based learning software puts learners in realistic situations where they need to make decisions and apply what they know. Imagine a new manager giving staff difficult feedback, a salesperson facing an objection they haven’t heard before, or an employee deciding what to do when a policy doesn’t cover what’s in front of them. These are moments where knowing the right answer isn’t always enough. People need to make decisions, communicate clearly, weigh trade-offs, and see what happens next. This is where scenario-based training makes all the difference. It gives learners a chance to practice real-life situations in a safe environment…

Lowe, who stars in the new movie ‘The Musical,’ takes PEOPLE back to his high school days, when his social status changed practically “overnight”Rob Lowe at the Sundance Film Festival on Jan. 23Credit: John Salangsang/ShutterstockNEED TO KNOWRob Lowe speaks to PEOPLE about his new comedy, The Musical, which is set at a middle school and is now in theatersLowe was a “theater nerd” and “young careerist” at that age, he recallsHis social status changed “overnight,” he says, upon booking his feature film debut in the 1983 hit The OutsidersRob Lowe had an atypical teenage experience, to say the least.The producer-star…

At RogerEbert.com, we try to assemble dispatches of three films around forms like documentary, specific programs like Midnights or Galas, or even themes like theatre and youth. What happens is that there will inevitably stragglers: Films that don’t have dance partners but still deserve coverage. This is one of those, a partnership between two films with nothing in common other than I saw ‘em and thought you might want to know if they’re any good. They are. Actually, one of them is great. The Lebanese heist drama “Furies” is one of the more confident and riveting debuts of 2026, a…

Sit back and relax, there are a ton of releases this week and leading the pack is the brand new Miley album. Not saying I’ll listen to it, but it is the biggest album of the week. Honestly, nothing really floats my boat this week, but I hope there is something for you as there is close to 60 albums to choose from. Let me know what you want to hear! Thanks for stopping by and I hope you have a great weekend.

This week marks the eighteenth anniversary of the failure of Lehman Brothers, a key event of the 2008 global financial crisis (GFC). Lehman’s failure and the GFC more broadly were dramatic economic events. Lehman Brothers was the largest bankruptcy in US history to date. The global financial crisis gave rise to the Great Recession. The stock market fell by more than 50 percent, the economy contracted by 4.3 percent, unemployment rose from 4.7 percent to 10 percent, and the subsequent decade of US economic growth was abnormally anemic. Many myths about Lehman’s failure and about the 2008 global financial crisis…