Urjit Patel, the head of the Reserve Bank of India, resigns

LAST MONTH Viral Acharya, a deputy governor of the Reserve Bank of India (RBI), suggested in a speech that the Indian government was risking “economic fire” by meddling with the bank. If he was right, on December 10th the last chance of dousing the flames may have been missed. Urjit Patel, the RBI’s governor, abruptly […]

Trump reportedly thought Janet Yellen was not tall enough to lead the Federal Reserve

Mark Wilson/Getty Images President Donald Trump reportedly believed former Federal Reserve chairwoman Janet Yellen was too short to be reappointed to lead the Fed. Trump reportedly asked aides whether they thought Yellen was tall enough, at 5-foot-3 inches, to be reappointed. Based on other reports, Trump has commented on the physical appearance of other senior […]

The person who is doing most to undermine the Reserve Bank of India

SOMETIME IN THE 1990s Jagdish Bhagwati, one of India’s most distinguished economists, encountered Swaminathan Gurumurthy, a financial commentator associated with the Rashtriya Swayamsevak Sangh (RSS), a Hindu-nationalist organisation. Mr Gurumurthy was making the case that globalisation, brought in by well-connected financiers, was destroying India. Mr Bhagwati came to a caustic conclusion. If RSS ideologues like […]

Has the Chase Sapphire Reserve Been Dethroned for Family Travelers?

Has the Chase Sapphire Reserve Been Dethroned for Family Travelers? Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does […]

‘The Fed has gone crazy’: Trump rails against Federal Reserve over rate hikes amid market plunge

Drew Angerer/Getty Images President Donald Trump said he believes “the Fed has gone crazy” amid recent interest rate hikes. Trump’s statement comes after stocks plunged on Wednesday. The Nasdaq Composite index and the Dow Jones dropped more than 4% and 800 points respectively. The Fed is expected to raise interest rate through the end of 2018 […]

The Critical Points: A Wells Fargo Card Duo Is Better Than the Chase Sapphire Reserve

The Critical Points: Wells Fargo Duo Better Than Chase Sapphire Reserve Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site […]

Wells Fargo is launching a new rewards credit card to go toe-to-toe with the popular Chase Sapphire Reserve

The Insider Picks team writes about stuff we think you’ll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Wells Fargo Wells Fargo is launching a new rewards credit card, a revamped iteration of its Propel Card. The card will earn 3x points per dollar spent on […]