Poppy Harlow announced she is leaving CNN after nearly two decades Poppy Harlow, the longtime CNN adviser who co-hosts “CNN This Morning” on Fridays, announced Friday that she is leaving the network. “The nearly two decades since then have been a gift,” Harlow wrote in an email to a colleague. “I was inspired by you and learned a lot from …

The home insurance market is collapsing. This owner paid the price The home insurance market collapsed in New Orleans, leaving Alfredo Herrera with few options for coverage — and skyrocketing insurance premiums. Herrera, 35, works in finance for a local bank. He bought his 900-square-foot home in the Mid-City neighborhood of New Orleans in 2020 for $270,000, and lives there …

A coal billionaire is building the world’s largest clean energy plant and it will be five times the size of Paris Five times the size of Paris. Seen from space. The largest power plant in the world. Enough electricity to power Switzerland. The scale of the project that is transforming a barren desert region on the outskirts of western India …

Walgreens has a cult ‘peelable’ candy, courtesy of the Tik Tok craze It’s small, smooth, chewy. It’s shaped like a cute baby mango and GenZers have gone crazy for it. Walgreens can’t keep it in stock. For the beleaguered drugstore chain, the odd “Gummy Mango” candy is a much-needed victory. It arrived last fall in about 2,500 of the 8,700 …

The FDIC said Republic First Bank was closed by Pennsylvania regulators The Federal Deposit Insurance Corporation on Friday said that Republic First Bank had been shut down by Pennsylvania state regulators, in what the FDIC said was the first US bank failure of the year. “Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania …

PM cleans FBR from corrupt officials Prime Minister Shehbaz Sharif on Friday dismissed 25 Federal Board of Revenue (FBR) officials, who were in the higher pay grades of 21 and 22, based on inputs from three intelligence agencies about their financial integrity and efficiency. Among those who have been removed include the top board member, the chief commissioner and the …

SECP, IFSB pledge to expand Islamic finance A three-day capacity-building workshop on Islamic Capital Markets, jointly organized by the Securities and Exchange Commission of Pakistan (SECP) and the Islamic Financial Services Board (IFSB), concluded on Friday, highlighting Pakistan’s significant progress in developing the Islamic finance industry. The workshop aims to increase the capacity of regulatory and supervisory authorities. SECP Chairman …

The Nepra trial envisages a burden of Rs23b Power consumers may face an additional financial burden of about Rs23 billion as the National Electric Power Regulatory Authority (NEPRA) has completed hearings on requests for Fuel Charge Adjustment (FCA) for electricity consumed in March 2024. Although NEPRA has reserved its decision on the FCA for March 2024 sought by power distribution …

Investment in T-bills surged to a two-year high Foreigners have pushed gross investment to a two-year high of $183.57 million in rupee-based short-term government debt securities (T-bills) following a return to stability in the rupee-dollar parity, helping the country’s foreign exchange reserves remain stable. According to the State Bank of Pakistan, the domestic currency rose by Rs0.09 and closed at …

Weekly inflation at a new 7-month low The short-term inflation reading continued to decline by 1.10% in the week ending April 25, 2024 on the back of falling prices of food items including tomatoes, onions and chicken, maintaining its decline for the second week in a row. According to the Pakistan Bureau of Statistics (PBS) and a local research firm, …