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Cyclone Dana: Orissa High Court Asks Cuttack Authorities To Remove Bamboo Structures, Hoardings; Flags 'Artificial Scarcity' Of Commodities

The Orissa High Court on Tuesday inquired about the preparedness of the civic authorities of Cuttack city in the face of probable severe cyclonic storm ‘Dana’, which is likely to make land-fall on the coast of Odisha in between 24th and 25th October.

 » Read more about: Cyclone Dana: Orissa High Court Asks Cuttack Authorities To Remove Bamboo Structures, Hoardings; Flags 'Artificial Scarcity' Of Commodities  »

UK dividends slump as miners slash payouts

UK corporate dividends slumped in the third quarter of 2024 as the traditionally generous mining sector slashed payouts. 

Headline dividends fell by 8.1 per cent year-on-year to £25.3billion in the three months ending September, according to the latest Dividend Monitor published by financial services provider Computershare.

It marked the weakest third quarter for dividends since 2020,

 » Read more about: UK dividends slump as miners slash payouts  »

Members-only The June Club leasing historic Federal Reserve Building Downtown for ‘premier destination’

Members-only The June Club is in review to occupy the entire historic Federal Reserve Building at 424 N. Hogan St. in the Downtown NorthCore.

Founder Britt Morgan-Saks, who relocated to Jacksonville with her family from New York City, will operate the club.

“The June will be a first-of-its-kind, private members’ club,

 » Read more about: Members-only The June Club leasing historic Federal Reserve Building Downtown for ‘premier destination’  »

Fed Board fired four staffers, disciplined five others for sexual harassment, bombshell report reveals

The Federal Reserve Board fired four staffers and disciplined five others after receiving complaints alleging sexual harassment between 2020 and 2023, according to a report.

The Board — one of the Fed’s three main entities along with the Federal Open Market Committee and the Federal Reserve Banks — received a total of 11 sexual harassment complaints during that span,

 » Read more about: Fed Board fired four staffers, disciplined five others for sexual harassment, bombshell report reveals  »

People Are Holding Off on Spending Until the Election, Federal Reserve's Beige Book Said

KEY TAKEAWAYS

  • Presidential election anxieties have caused many consumers to slow down spending and wait to make big financial decisions until after the election, according to a new report from Federal Reserve banks across the country.
  • Consumers are spending less, and the demand for loans has also fallen.

 » Read more about: People Are Holding Off on Spending Until the Election, Federal Reserve's Beige Book Said  »

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