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PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Report
Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, S…
ANI
Bitcoin is surging on hopes rate cuts will drive a speculative rush
Bitcoin jumped as much as 6.4% on Tuesday as hopes for a large Fed rate cut enticed crypto investor…
Filip De Mott
It'll be a while before you feel today's interest-rate cuts
The Federal Reserve finally cut interest rates, but it could take time to see the relief reflected …
Ayelet Sheffey,Madison Hoff
The inflation report dashes hopes of a jumbo rate cut next week
Interest rate cuts are probably coming this month, and August inflation numbers are the last big pi…
Madison Hoff
Fed trims interest rates by 50 basis points, gold prices touch record-high
Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…
Even with a big rate cut, Big Tech will be cautious about another hiring spree
Businesses had to make difficult decisions to downsize after the pandemic – and "those battle wound…
Geoff Weiss
Nvidia just recorded the biggest single-day wipeout by a US company
Nvidia stock fell 9.5%, shedding $278.9 billion in valuation. The loss is tied to concerns that inc…
Shubhangi Goel
Fed meeting starts today, rate cut on the cards. Here’s what experts are saying
The US Federal Reserve's meeting, starting today, is expected to announce changes in interest rates…
A lone dissenting vote on the Fed's rate cut marks the first split by a central bank governor in 2 decades
The Fed's decision to cut rates by 50 basis points garnered support from 11 of 12 voting members, w…
Kelly Cloonan
'Home run' continues, FY25 to be another strong year after a robust demand in FY24: report
The outlook for residential real estate will be strong in the financial year (FY25), as the domesti…
ANI
The more markets price in a jumbo rate cut, the more likely the Fed is to deliver, analyst says
If the market prices in upwards of an 80% chance of a 50 basis point cut, the Fed will likely follo…
Kelly Cloonan
The unemployment rate slid as expected in August after a surprise increase the prior month
August's jobs report is a critical signal of the chances of a coming recession.
Madison Hoff
DPIIT's withdrawal of a copyright rule order to strengthen rights owners' position: Experts
The DPIIT'S withdrawal of the September 2016 office memorandum regarding extending the scope of a c…
PTI
A big rate cut this month would create a 'self-fulfilling prophecy' of recession fears, economist says
If the Federal Reserve cuts interest rates by 50 basis points, it could spark unwarranted recession…
Kelly Cloonan
Get ready for stocks to embark on a weekslong rally after the Fed cuts rates, Fundstrat's Tom Lee says
Traders see a 61% chance the Fed will cut rates 50 basis points at its upcoming policy meeting, per…
Jennifer Sor
SBI report dismisses bank deposit concerns as a 'Statistical Myth'
As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …
ANI
RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty
The US Federal Reserve's first cut in interest rates in more than four years happened today, tr…
RBI unlikely to cut interest rate in 2024: SBI chief Setty
"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…
PTI
In the long run, rate cut by Fed will be favourable for most US banks: Moody's
"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …
ANI
With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?
Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…