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2 mins read

India's Services Index jumps to 58.5 in October as employment grows the fastest in 26 months

India's services sector witnessed a robust performance in October, as the Service PMI index surged …

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3 mins read

Russia's defense sector is running on overdrive — but firms are warning of bankruptcy

Russia has almost tripled defense spending for the Ukraine war, but rising inflation and interest r…

Thibault Spirlet   


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1 min read

The most accurate forecasts of 2024: Seeking nominations for Business Insider's Oracles of Wall Street list

Business Insider's Oracles of Wall Street list highlights the top forecasters among economists, str…

William Edwards   


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4 mins read

Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm's exact forecasts.

Here's a round up of some of the most bullish strategists on Wall Street and their predictions for …

Matthew Fox   


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1 min read

Chip stocks rally after TSMC's strong sales forecast calms growth worries

TSMC soothed chipmaker growth worries by giving its sales forecast a sizable boost.

Filip De Mott   


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2 mins read

Top Wall Street analysts are boosting stock market forecasts as the bull market charges on

Goldman Sachs, UBS, BMO, and Deutsche Bank have raised their S&P 500 price targets in recent weeks …

Kelly Cloonan   


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Trump won't be as positive for stocks as people think, but AI will keep the market soaring, research firm says

Capital Economics said that Donald Trump's policies would likely disappoint the market, but the S&P…

Filip De Mott   


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A warning signal in the economy is telling investors they should load up on defensive stocks, research firm says

A measure of how much money is flowing through the economy has been contracting for more than a yea…

Jennifer Sor   


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Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%

The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …

ANI   


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3 mins read

Deloitte and EY trim staff amid slowing demand following years of rapid growth for Big Four firms

The consulting sector is facing falling demand and Big Four consultancies including EY and Deloitt…

Polly Thompson   


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2 mins read

Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut

Pantheon Economics cited a "red flag" in September's jobs market data, and expects that the Fed to …

Filip De Mott   


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Fed rate cuts are coming too late to fend off a US recession, research firm says

Even if the Fed cuts in September, history shows that recessions can still occur during easing cycl…

Filip De Mott   


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1 min read

Sellers are 'losing their grip' on the housing market as home prices cool, research firm says

Home prices rose just 0.3% in May, a sign that selling power is starting to wane, Capital Economics…

Jennifer Sor   


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1 min read

The real reason for copper's record-shattering rally, according to one trading firm

Copper's supply-demand imbalance isn't enough to justify its record price near $11,000, Trafigura s…

Filip De Mott   


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Morgan Stanley raises India's GDP growth forecast to 6.8% for FY25

According to Morgan Stanley, the outlook for India's GDP growth remains robust, with the expectatio…

ANI   


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Ether could surge 60% after ETFs are approved, trading firm says

"The market is expecting fireworks," QCP Capital said of the potential spot ethereum ETFs, which co…

Filip De Mott