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Invest in India 🇮🇳: Index Investing Can Beat Stock-Picking? NIFTY, BANK NIFTY & SENSEX 📈



Invest in India 🇮🇳📈 and understand the power of index investing. Compare the last 5 years of major Indian stocks and indices to see the bigger picture.

Explore NIFTY, BANK NIFTY and SENSEX for trading and investing, but remember: past performance does not guarantee future returns.

Stay informed, manage risk, and stay wise in the market. 🧠📊

#InvestInIndia #IndexInvesting #Nifty #BankNifty #Sensex #StockMarketIndia #Investing #Trading #IndianStockMarket #nifty50 #deepakwadhwa #deepakwadhwaofficial

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Texas Governor Orders Colleges To Develop Three-Year Bachelor’s Degrees


Key Points

  • Gov. Greg Abbott directed the Texas Higher Education Coordinating Board (THECB) to build a statewide framework for three-year bachelor’s degrees, with recommendations due December 31, 2026.
  • Reducing a year off a degree removes about a quarter of the cost. That’s close to $26,000 in savings at a Texas public university before counting an extra year of earnings.
  • Texas public colleges already have accreditor sign-off for 90-credit degrees in certain fields, so the working group’s real decisions are which majors qualify and how faculty pushback gets handled.

Texas Governor Greg Abbott on August 26 directed the Texas Higher Education Coordinating Board to form a working group and build a statewide framework for three-year bachelor’s degree pathways. The move makes Texas the largest state to push three year bachelor’s degrees, joining a list that already includes Massachusetts, Virginia, and Ohio.

“Every semester adds tuition, fees, housing, food, transportation, and other living expenses and delays students’ ability to begin their careers,” Abbott said in the press release. Higher Education Commissioner Wynn Rosser said the programs “could help motivated students enter high-demand fields a year earlier.”

Recommendations are due to the governor’s office by December 31, 2026, and Abbott said he will work with the Legislature next session to codify the pathway. Texas public universities already fall under the accreditor that opened the door to 90-credit degrees earlier this year, which we previously covered in our look at the 60-colleges already adopting the three-year degree.

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Why It Matters

Reducing a year off a degree removes roughly a quarter of the cost. The average in-state total cost of attendance at a Texas public four-year school runs about $26,100 per year on campus, so a three-year path could save a resident student in the neighborhood of $26,000 before counting a year of earnings. Texas borrowers already carry an average federal loan balance of $32,400, and the state’s federal student debt total sits at $136.3 billion.

The savings only shows up if students actually finish in three years. The national six-year graduation rate is 61%, which means the four-year degree is already a five- or six-year degree for many students.

A compressed schedule helps the students who are on track, and does little for those who are not.

What The Working Group Will Decide

The governor’s letter to Commissioner Rosser asks for recommendations on five items, several of which echo questions raised in the Massachusetts and Ohio pilots:

  1. Academic standards and requirements for three-year programs
  2. Which degree programs and high-demand occupations fit an accelerated format
  3. Student demand and employer workforce needs
  4. Accreditation and institutional approval requirements
  5. Statutory, regulatory, or administrative changes needed to implement

THECB will convene public institutions, employers, accreditors, and faculty leadership. The accreditation piece is mostly settled: SACSCOC’s policy allows programs of at least 90 semester credit hours in specialized or applied fields, and the University of Lynchburg received the first approvals in December.

As we noted in our coverage of the Cal State system’s three-year rollout, the harder work is redesigning curricula rather than getting sign-off.

How This Connects

Faculty pushback is the big question. The AAUP and AFT issued a joint statement calling three-year programs a “stripped-down curriculum that prioritizes speed over essential intellectual development.”

Texas has moved faster than most states on higher ed policy, and the tuition math is hard to argue with when college costs keep rising above inflation and the Class of 2026 is projected to borrow $43,500 for a bachelor’s degree.

What’s Next

Watch for THECB’s working group roster and the December 31 report, then for a bill filed when the 90th Texas Legislature convenes in January 2027.

The list of eligible fields will matter most for families: expect nursing, IT, business, and other applied programs first, with liberal arts majors largely excluded under the accreditor’s current rules. Families in Texas can compare current state aid and college cost figures while the framework takes shape.

Editor: Colin Graves

The post Texas Governor Orders Colleges To Develop Three-Year Bachelor’s Degrees appeared first on The College Investor.

Sony Music Publishing and Warner Chappell sue Anthropic in multi-billion dollar lawsuit


Sony Music Publishing and Warner Chappell Music have joined forces to sue Anthropic, home of Claude, over what the publishers call “one of the largest and most blatant ongoing thefts of intellectual property in history.”

The complaint – obtained by MBW, and which you can read in full here – also names Anthropic Co-Founder and Chief Executive Officer Dario Amodei and Co-Founder Benjamin Mann as individual defendants.

It was filed on Friday (August 28) in the US District Court for the Northern District of California.

With Sony Music Publishing and Warner Chappell Music launching their own suit as plaintiffs, the publishing arms of all three major music companies are now litigating against the Claude maker.

Universal Music Publishing Group, Concord Music Group, and ABKCO sued in Nashville in October 2023 over roughly 500 songs, in a case later transferred to California.

The same publishers filed a second suit in January 2026 covering more than 20,000 works and seeking over USD $3 billion.

BMG brought a third case in March 2026 over 493 compositions, and Round Hill Music filed a fourth on August 17.

Sony and Warner are seeking statutory damages of up to $150,000 per work willfully infringed, plus up to $25,000 for each alleged removal of copyright management information.

Among the innumerable copyrighted works Defendants illegally harvested to fuel Claude are thousands upon thousands of Music Publishers’ copyrighted musical compositions, including such beloved songs as “Ain’t No Mountain High Enough,” “All I Want for Christmas is You,” “Eye of the Tiger,” “Here Comes Santa Claus,” and “Paper Rings.” In blatant violation of copyright law, Defendants have unlawfully acquired troves of Music Publishers’ musical compositions, and then systematically copied those works multiple times, including as the inputs to train Anthropic’s Claude AI models and in the outputs those models generate.”

Sony Music Publishing/Warner Chappell Music complaint

The complaint identifies “tens of thousands” of the publishers’ allegedly infringed compositions – a characterization that would place Anthropic‘s theoretical statutory exposure in the multi-billion-dollar range.

Sony Music Publishing (SMP) and Warner Chappell Music (WCM) are demanding a jury trial, and are being represented in the suit by Oppenheim + Zebrak, LLP – the lead counsel for the Concord/UMG vs Anthropic case – and by Pryor Cashman LLP.

SMP and WCM are also demanding that all infringing copies of the works are destroyed, and that Anthropic supplies an account of Claude‘s training data.

The suit brings four counts: (i) direct infringement by torrenting, against all three defendants; (ii) contributory infringement by torrenting, against Amodei and Mann; and, against Anthropic alone, (iii) direct infringement and (iv) removal or alteration of copyright management information.

SMP and WCM’s complaint alleges that in June 2021, Mann used BitTorrent to download at least five million pirated books from Library Genesis, and that Anthropic employees torrented at least two million more from Pirate Library Mirror in July 2022.

Both figures are drawn from findings in Bartz v. Anthropic, the authors’ case in which another judge in the same district described Anthropic‘s conduct as “straightforward piracy but at massive scale.”

Dr. Amodei and Mr. Mann are personally liable for their respective roles in this illegal torrenting of pirated copies of Music Publishers‘ works from LibGen and PiLiMi,” the complaint states.

The filing cites internal Anthropic material unsealed in Bartz, including Mann‘s description of LibGen as “sketchy AF.”

It also states that Anthropic’s own Archive Team had described LibGen as a “blatant violation of copyright.”

“[we] bring this action to hold accountable the culprits behind one of the largest and most blatant ongoing thefts of intellectual property in history. Defendants Anthropic and its founders Dario Amodei and Benjamin Mann have conducted a brazen campaign of illegally torrenting, scraping, and downloading copyrighted works on a massive scale in order to develop, operate, and reap enormous profits from Anthropic’s “Claude” series of artificial intelligence (“AI”) models.”

Sony Music Publishing/Warner Chappell Music complaint

The publishers further allege that Anthropic scraped lyrics from licensed sites including MusixMatch and LyricFind, ran a “destructive scanning” operation on second-hand books, and used Common Crawl, The Pile, and Books3.

On the last of these, the complaint says Mann downloaded pirated books “to avoid the trouble of paying for them, hoping they might prove useful for training large language models (LLMs) or something else” – quoting Bartz.

On the scanning, it quotes a 2024 Anthropic planning document unsealed in Bartz: “We don’t want it to be known that we are working on this.”

The publishers further allege that Claude reproduces their lyrics verbatim in outputs, and that guardrails added after earlier litigation (from UMG/Concord/ABKCO) are “easily circumventable by simply ‘re-prompting’” the model.

Song titles named in the body of the filing as being allegedly infringed include Ain’t No Mountain High Enough, All I Want for Christmas is You, Eye of the Tiger, Livin’ On a Prayer, September, Hallelujah, Uptown Funk, and Taylor Swift‘s Paper Rings.

The complaint leans heavily on Anthropic‘s $1.5 billion settlement with book authors, agreed in September 2025 over the same torrenting conduct.

“But Anthropic clearly considers that to be just the cost of doing business given that its entire business model continues to be built on copyright theft,” it states. “And $1.5 billion is obviously not a large enough settlement to deter infringing conduct by a company that has parlayed such mass infringement into a staggering $2-trillion-dollar valuation.”

That valuation figure is attributed in the filing to an August 2026 Forbes report on a projected October IPO.

The publishers also take aim at Anthropic‘s positioning: “Despite branding itself as the ‘ethical AI company,’ Anthropic has repeatedly acted in ways that belie that image, prioritizing competitive advantage over compliance with the law.”

The Sony and Warner Chappell complaint adds: “Music Publishers recognize the potential of ethical AI technology, and they have entered licenses permitting the authorized use of their musical compositions in connection with AI.

“It remains crucial, however, that AI development occurs responsibly and on terms that are agreeable to rightsholders and in a manner that protects their rights, livelihoods, and the creative industries as a whole.

“Even the most revolutionary of technologies must develop within the bounds of the law, and Anthropic‘s Claude models are no different.”Music Business Worldwide

Key takeaways from the Fed’s annual Jackson Hole conference



The Federal Reserve Bank of Kansas City’s annual economic symposium in Jackson Hole, Wyoming, which featured Kevin Warsh’s first speech as chairman, is winding down Saturday. 

Here are some of the key takeaways from the conference:

Warsh Emerging

Warsh used a keynote speech to hammer home a message that curbing inflation is the central bank’s top priority.

While parts of the speech served to double down on his stated determination to avoid offering guidance to financial markets on the direction of interest rates, Warsh did finally provide some insight into how he views the economy. That helped relieve some frustration among investors and added drama to the Fed’s next policy meeting.

The new message immediately triggered a jump in expectations for a near-term rate increase. In the wake of his remarks, attention turned to the next round of consumer inflation data, due Sept. 11, just days before policymakers gather in Washington on Sept. 15-16.

While Warsh didn’t signal explicitly his support for a hike, he warned inflation isn’t meaningfully slowing and that policymakers must be confident it is. Otherwise, he said, they had “work to do.” 

Financial conditions, he added, weren’t restraining the economy, and he described interest rates as the Fed’s “predominant tool” for achieving its mandate.

“Here is my standard: We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do. That’s our job,” he said.

Warsh also dispelled fears that he intended to alter the Fed’s inflation goal. He said 2%, as measured by the personal consumption expenditures price index, or PCE, is a “firm, fixed target.”

Euro Worries

Policymakers from the euro area who spoke on the sidelines of the conference also sent a warning about inflation. 

European Central Bank Governing Council member Primoz Dolenc told Bloomberg that resilience in the region’s economy and the persistent conflict in the Middle East suggest the need to hike rates in September. That’s widely expected by investors.

“With the new data coming in, we see that the inflation situation doesn’t resolve itself,” Dolenc said, who is also the head of the Slovenian central bank.

Martin Kocher, governor of the Austrian central bank and another ECB rate-setter, also highlighted that there’s “more momentum” in the economy. On inflation, which analysts estimate reached 3.3% in August, he said there’s “alertness, there is no complacency.”

Bailey in No Rush

Bank of England Governor Andrew Bailey had a slightly different message suggesting no urgency to increase rates. 

“We’re seeing quite subdued second-round effects. I think we’ve seen a softening labor market for some time now,” Bailey told Bloomberg TV. “I’ve taken the view that I think we can watch this situation for the moment.”

Those were Bailey’s first public remarks on monetary policy since July 30, when he voted with the majority in a 6-3 vote to keep interest rates on hold. 

No Shows

There were a few prominent absences at this year’s gathering. European Central Bank President Christine Lagarde and Bank of Japan Governor Kazuo Ueda skipped Jackson Hole. Each are planning to attend a meeting of G-20 finance ministers and central bank governors Monday and Tuesday in Asheville, North Carolina.

Read More: Finance Chiefs Get Short Shrift From Bessent’s Other Priorities

The only Fed policymaker not to attend was the former chair, Jerome Powell. He bucked tradition to hold onto his seat on the Board of Governors after his term as chair expired in May, but has since, as he pledged to do, remained out of the spotlight.

Tech Challenges

While the chair’s speech and the sideline chatter about economic and political events frequently dominate news from the symposium, Jackson Hole is also an important forum for high level debate on economic research. Papers presented this year revolved around the theme of financial innovation and its implications for payments and monetary policy.

The papers served to underline how central banks are struggling to keep up with challenges introduced by technology. In their discussions, economists and policymakers debated the regulatory challenges in a world where tokenization is revolutionizing how financial assets are held and transferred.

Lisa Cook

On the eve of the Jackson Hole conference, attendees got a reminder that President Donald Trump’s attacks on the central bank have not entirely ceased since his appointee, Warsh, took the Fed’s helm.

The White House has recently renewed its efforts to fire Fed Governor Lisa Cook over allegations of mortgage fraud, and on Wednesday Cook’s lawyer responded with a letter calling the allegations “unfounded and untrue.” The White House didn’t immediately comment on Cook’s letter. 

Trump narrowly lost his initial bid to oust Cook at the Supreme Court, partly on procedural grounds.

Canada’s economy grows 3.3% as exports, investment rebound




Canadian economic growth accelerated to a 3.3% pace in the second quarter, confirming a strong rebound after a yearlong slump brought on by US tariffs and a slowdown in immigration.

[NJ only] Columbia Bank $500 Checking Account Bonus/$500 Savings Bonus


Update 8/29/26: Deal is now $500 checking & $500 savings bonus. Savings bonus is significantly easier now ($500 bonus only requires $10,000, was $25,000). Hat tip to reader Bockrr

Update 5/30/26: Deal is back, this time a $300 checking & $400 savings bonus. Hat tip to reader sol con

Update 6/23/24: There is now a $400 savings bonus as well.

Update 3/16/24: Bonus is back and $400 this time.

Update 9/23/23: Deal is back and $300 this time.

Update 9/19/20: Bonus is back, but bonus reduced to $200 (from $250). Hat tip to reader Maria

Offer at a glance

  • Maximum bonus amount: $300
  • Availability:  Must live or work in the State of New Jersey
  • Direct deposit required: Yes, $1,000
  • Additional requirements: 10 debit card purchases
  • Hard/soft pull: Soft pull
  • ChexSystems: Unknown
  • Credit card funding: Up to $1,000
  • Monthly fees: $10, avoidable
  • Early account termination fee: Account must be opened at time of bonus posting
  • Household limit: None listed
  • Expiration date: None

The Offer

Direct link to offer

  • Open a new Columbia Advantage Plus checking and receive a bonus of $700 when you complete the following requirements:
    • Earn $500: when you add $10,000 of new money within 15 days of account opening OR earn $250 when you add $5,000 of new money
    • Earn $500: when you open an Advantage Plus Checking Account and receive $2,000 in direct deposits

 

 

 

The Fine Print

  • You are permitted to receive only one of each of these bonuses irrespective of the number or type of checking accounts you open.
  • To receive any of the aforementioned bonuses, the account must still be open at the time we are ready to credit the funds (within 60 days of qualifying) and at all times the account was in good standing.
  • If you have ever received a new account opening bonus in the past, you are not eligible for either of the cash bonuses even if you open a new Advantage Plus Checking Account.
  • If you have received a cash and/or subscription bonus associated with a Yield Plus and/or Advantage Plus checking account within the 365 days preceding the opening of this new checking account, you are not eligible for either of these cash bonuses. Doesn’t look like this is still there and readers report being able to get bonuses more often than that.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

$10 Monthly Fee

Avoid a $10 monthly maintenance service charge by conducting 10 POS debit card transactions or receiving $1,000 or more in direct deposits per statement cycle. For clients 22 or under, this charge does not apply

Early Account Termination Fee

Account must be open at the time of bonus posting

Our Verdict

Best bonus they have offered in the past has been $500 so  this isn’t as good as that. Might still be worth doing for those that missed out on that bigger deal. Because of those factors this is going in our best checking promotions list.

Useful posts regarding bank bonuses:

Post history:

  • Update 1/4/20: Bonus has been extended and you can now fund with a credit card up to $1,000.
  • Update 8/26/19: Bonus is back but has been reduced to $250 (from $300)
  • Update 1/26/19: Deal is back. Hat tip to reader Fly.
  • Bonus has been improved and you now get $200 for a direct deposit. Still not as good as the $500 bonus they have previously offered.

How McDonald’s Is Adapting to a Changing Economy



<p>McDonald&#8217;s CEO &#38; Chairman Chris Kempczinski on implementing a new strategy at a company with 63 million global daily customers.</p>

Master Claude for Excel in 10 Minutes: Financial Modeling



🎥 Master Claude for Excel in 10 Minutes: Financial Modeling

Claude now has an Excel add-in, and it is surprisingly strong for financial modeling, Excel automation, and upgrading messy spreadsheets without writing formulas from scratch.

In this video, I show you how to use Claude in Excel step by step. We cover:

– how to install the Claude Excel add-in
– how to build a financial model from scratch
– how to upgrade an existing Excel model
– best practices, limits, and when to use Opus vs Sonnet

If you have been searching for Claude in Excel, Claude AI in Excel, how to add Claude in Excel, or Excel automation for finance, this video is for you.

What you will learn
1. Install & Navigation
– how to download and enable the Claude add-in for Excel
– where to access Claude inside Excel
– when to use Sonnet for quick tasks and Opus for advanced work

2. Build financial models from scratch
– describe the business, not the spreadsheet
– let Claude create assumptions tabs, formulas, linked model logic, and charts
– generate a usable 24-month financial model without manually building every formula

3. Upgrade existing Excel models
– add new assumptions to a current model
– preserve existing formula dependencies
– extend charts and outputs automatically
– highlight specific cell ranges and ask Claude to explain or update them

4. Tips, limits, and best practices
– prompt tips for Excel-specific tasks
– how to ask for validation checks, like balance sheet controls
– current limitations, including lack of VBA support and no saved session history

Why this matters
A lot of people gave up on AI inside Office because earlier tools did not deliver enough value. Claude is different. It is fast, practical, and genuinely useful for finance use cases, especially if you work with assumptions, scenarios, models, and spreadsheet analysis all day.

Chapters
00:00 Introduction
00:40 Installation & Navigation
01:51 Build Models
05:03 Enhance Existing Models
07:01 Best Practices and Limitations

Related topics
– Claude Excel
– Claude in Excel
– Claude AI in Excel
– Excel automation
– Financial modeling
– Excel tips
– Anthropic Claude Excel

If you want to go deeper after this, I recommend my video on Claude Skills, since the Excel add-in supports skills and they are one of the best ways to reuse strong workflows across your team.

#ClaudeExcel #ClaudeInExcel #FinancialModeling #ExcelAutomation #ExcelTips #ClaudeAI #AnthropicClaude

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Volatility-Managed Target Date Funds | RPC


This article proposes a volatility-managed target date fund (TDF) that scales the equity weight of a standard age-based glide path to align realized portfolio volatility with the target volatility implied by the glide path. Stationary-bootstrap simulations using a century of US market data show that the volatility-managed TDF delivers a more stable risk profile and improves the terminal-wealth distribution relative to the static TDF. These results hold for a band-constrained implementation that limits deviations from the glide path, after accounting for transaction costs, over shorter investment horizons, and across alternative glide-path specifications, volatility estimation methods, and labor income assumptions. The evidence suggests that volatility management offers a practical enhancement to conventional glide-path design.

CoreCivic Exec Sells 29,000 Shares, Netting Nearly $1 Million


Anthony L. Grande, EVP, Chief Development Officer of CoreCivic (CXW +0.06%), sold 29,199 shares of common stock on Aug. 17, 2026, according to a SEC Form 4 filing.

Transaction summary

Metric Value
Transaction value $981,378
Shares sold 29,199
Post-transaction shares (directly held) 165,000
Post-transaction value $5.5 million

Transaction value based on SEC Form 4 weighted average sale price ($33.61); post-transaction value based on Aug. 17, 2026, market close ($33.58).

Key questions

  • What is the scale of this disposition relative to the executive’s total equity position?
    The sale of 29,199 shares liquidated 15% of Grande’s direct holdings, leaving a remaining balance of approximately 165,000 shares valued at $5.5 million as of the Aug. 17, 2026, market close.
  • At what price levels was the transaction executed?
    The shares were sold at a weighted average price of $33.61, which closely aligns with the $33.58 market close on the transaction date.
  • How has the stock performed leading up to this filing?
    The stock climbed 61% in 2026 as of Aug. 17, with shares priced at $33.79 at the Aug. 27, 2026, market close.
  • Are there any indirect holdings or secondary share classes involved?
    The filing indicates that all equity interests are held directly by the executive, with no beneficial ownership reported through trusts, LLCs, or other indirect entities.

Company Overview

Metric Value
Share Price (as of market close 2026-08-14) $32.82
Market Capitalization $3.3 billion
Revenue (TTM) $2.5 billion
Net Income (TTM) $127.9 million

Company Snapshot

  • CoreCivic specializes in the ownership and management of correctional institutions, detention centers, and residential reentry facilities across the United States, generating revenue through government contracts for the administration of correctional and detention services.
  • The company operates through providing comprehensive facility management, inmate services, and ancillary support services to government partners on a contract basis.
  • CoreCivic’s primary customers are federal, state, and local government agencies that contract for the operation and management of correctional and detention facilities, representing a stable, recurring revenue stream from public sector partners.

CoreCivic is a leading specialty real estate investment trust with a diversified portfolio of correctional and detention facilities generating $2.5 billion in TTM revenue and $127.9 million in net income. The company maintains a strategic market position through long-term government contracts that provide revenue stability and predictability. CoreCivic’s competitive advantage derives from its operational expertise in facility management, established relationships with government agencies, and a geographically diversified portfolio of specialized real estate assets.

Today’s Change

(0.06%) $0.02

Current Price

$33.81

What this transaction means for investors

On the surface, an executive selling nearly $1 million worth of stock could sound alarming. But given the context of how many shares Grande still holds and how well the stock price has performed, this transaction seems to largely be routine. Over the last 12 months, the CoreCivic stock price has climbed 66.7%, while the S&P 500 has climbed 19.3%. It appears that Grande is just selling some shares to take advantage of the surge in the stock price, as he still directly holds nearly 165,000 shares.

The company is fresh off a strong second-quarter 2026 report, with total revenue of $648.9 million, up 27.3%. Although only four analysts cover the stock, all four rate it a buy. According to CNN, the group has a median one-year price target of $42 on CoreCivic, which would be a 24.2% gain from today’s price. The highest price target in the group is $45, while the lowest, at $40, indicates that all targets project CoreCivic’s stock price to continue to have a strong performance over the next year.

Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.