Distressed assets in the banking sector increase to Tk11 lakh crore: City Bank MD
At the beginning of December last year, the country’s distressed assets of the banking sector stood at TK7.56 lakh. Highlights Of the TK18 lakh crore in outstanding loans, TK11 lakh crore is now seen as distressed assets Only 7-9 banks meet international standards; nearly 40 fall below par Due to governance failures, some banks could […]
S&P 500 Today: Uber Shares Decline, Homebuilding Sector Weakens; Workday Rises
Key takeout On September 17, 2025, Uber’s stock dropped after rival announcements, though activism investors gave a boost to Workday’s shares. Uber saw a 5% decline following Lyft and its self-driving partners’ plans to commence Robotaxi services in Nashville. Workday surged after Elliott Investment Management revealed it had taken a significant stake in the enterprise […]
Dogecoin ETF Encourages the Crypto Sector to Welcome Speculation
Upcoming Launch of the First US Dogecoin ETF The first US Dogecoin (DOGE) Exchange-Traded Fund (ETF) is set to debut on Thursday. This event has drawn a mix of reactions: some view it as a significant advancement for the legitimacy of crypto, while others see it as just another speculative venture by a new rapper. […]
Hood and Open: Two Businesses Transforming Their Sector
Innovation and “The Golden Geese of Capitalism” If you were to visit a place like Cuba, you’d quickly notice the dilapidated infrastructure, vintage cars from the 1950s, and the overall poverty. These centralized economies, like those in Cuba and China, let governments exert tight control over the economy, often stifling private enterprises, innovation, and entrepreneurial […]
The impact of self-driving trucks on the freight sector in America
Trucking in Transition: The Role of Autonomy Think about your dinner tonight. Everything you see on the table—your food, your clothes, everything—probably arrived via truck. It’s fascinating, really. Almost everything we interact with has taken a journey on 18 wheels before it gets to us. The trucking industry is undergoing significant changes. Artificial intelligence, which […]
Weak jobs report indicates this strong sector might be slowing down
Job growth in August was weaker than anticipated, and even the typically reliable healthcare sector saw a slowdown. According to the Labor Bureau, U.S. employers added only 22,000 positions last month, while the unemployment rate climbed to 4.3%. Healthcare has generally been a strong contributor to job growth recently, but the latest figures indicate a […]
The never-ending expense of the public sector pension system
Recent analysis from the Sunday Times highlights the significant financial burden posed by gold-plated public sector pensions. It indicates that existing inflation-linked retirement agreements could leave taxpayers with a staggering £1.3 trillion bill. There’s a clear disparity between the pensions of public and private sector employees. Public sector workers largely benefit from pensions funded by […]
China’s booming automobile sector doesn’t indicate a worldwide dominance.
A Chinese automaker captured 21% of global sales in 2024, according to Alixpartners. By 2030, they are expected to grow to 30% of the market. As the largest automotive market globally, China has emerged as a strong competitor to traditional hubs like Detroit. Yet, its manufacturers are pushing boundaries even further. “China currently has unprecedented […]
Investors Leaving Renewable Energy Sector After Cessation of Biden’s Incentives
Investment Trends in Green Energy Post-Trump Election Since President Trump’s election victory in 2024, there’s been a noticeable retreat from the green energy sector, as reported by Bloombergnef. Investment in green energy declined 36% to $20.5 billion when comparing the first half of 2025 to the latter half of 2024. During Joe Biden’s presidency, green […]
Trump’s battle against wind and solar disrupts the clean energy sector
The reversal of the Trump administration’s clean energy initiatives and the push to enhance the U.S.’s dominance in natural gas exports could drastically reshape both domestic and global energy markets for years ahead. Some experts express concerns about the shift away from clean energy—a move that may drive up consumer prices, stifle innovation, and, ultimately, […]