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3 mins read
Neither Trump nor Harris really gave us much detail about how they will fix the economy in the debate
Many industry leaders were disappointed with the lack of specifics, while others told BI that Harri…
Alice Tecotzky
2 mins read
Rupee opens on flat note against US dollar in early trade
Market participants will keenly watch India's trade balance data due later in the day as any de…
PTI
2 mins read
"In best interest for both of us": Hardik Pandya confirms separation with wife Natasa Stankovic
For the last few months, there have been rumours that Hardik and Natasa have been separated, but th…
ANI
4 mins read
Putin and Kim Jong Un are getting alarmingly close, and it's put US ally South Korea in a predicament
South Korea has threatened to go all-in on supporting Ukraine as Russia and North Korea get closer.…
Chris Panella
2 mins read
Rupee falls 6 paise to settle at 83.39 against US dollar
At the interbank foreign exchange market, the local unit opened at 83.32 and oscillated between …
PTI
3 mins read
The US and Israeli defeat of Iranian missiles is a big boost for its strained regional alliance
The aerial success against Iran's missiles was a major boost for the US's aim of a defensive allian…
Paul Iddon
5 mins read
How to get Phish tickets for US tour: Prices and concert dates
Phish tickets are available on Ticketmaster, as well as resale sites like StubHub and Vivid Seats. …
Lillian Brown
2 mins read
Larry Summers says a US recession is very likely, as the market braces for weak Q2 growth figures
A first look at US growth figures is due out Thursday, with some analysts expecting the economy to …
Harry Robertson
2 mins read
Investors are right to worry about a US recession as consumer confidence tumbles, top economist Mohamed El-Erian says
"There is growing doubt about the ability of the private sector to power the US economy through the…
Harry Robertson
3 mins read
US companies are going to find it much tougher to pass on inflation to consumers, Goldman Sachs says
The first half of 2022 was marked by decent growth and employment, and consumers had savings. That'…
Amanda Cooper
3 mins read
The US housing market is entering a 'deep freeze' as surging borrowing rates and sky-high home prices hit buyers, Moody's Zandi says
The chief economist of Moody's Analytics says there's a "major comeuppance" ahead for the US housin…
Amanda Cooper
2 mins read
The dollar's blistering rally cools as the currency falls from 2-decade highs on softer rate hike expectations
The Dollar Index slipped on Monday as traders priced in a rate hike in line with last month's, afte…
Jennifer Sor
2 mins read
Deutsche Bank says the US is heading for a deeper recession than previously expected, with unemployment set to jump
Deutsche was the first big bank to predict a US recession in April. It now says the downturn will b…
Harry Robertson
2 mins read
Goldman Sachs warns the chances of a US recession are rising, with the Fed to hike rates by 75 basis points at the next two meetings
Stocks and bonds are tumbling as the Fed prepares to hike interest rates hard, posing a risk to the…
Harry Robertson
2 mins read
Mortgage rates post their biggest weekly fall since 2008, providing minor relief to buyers, Freddie Mac says
The average rate on the 30-year fixed loan fell to 5.3%, down from 5.7% last week, Freddie Mac repo…
Zahra Tayeb
2 mins read
US stock futures slip as worries about recession trump optimism over US easing of China tariffs
The dark cloud over markets refuses to budge, with US stock futures giving up earlier gains as inve…
Harry Robertson
2 mins read
Expect a 'procession of recessions' across many of the world's major economies within the next year, Nomura says
There are "increasing signs that the world economy is entering a synchronized growth slowdown," ana…
Zahra Tayeb
2 mins read
JPMorgan's chief economist says there's no reason to be worried about a US recession, with the private sector in 'remarkable' shape
Bruce Kasman, JPMorgan's top economist, said US consumers are more than strong enough to cope with …
Harry Robertson
2 mins read
Goldman Sachs says the US economy will slow to a crawl as the Fed hikes rates, but will dodge a recession
Pandemic-era drivers of inflation should cool and help the Fed avoid triggering a recession, Goldma…
Harry Robertson
2 mins read
The Fed is about to whack the economy and will be forced to slash interest rates sharply in 2023, traders predict
Traders now expect the Federal Reserve to cut interest rates by 50 basis points in 2023 as economic…