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2 mins read

Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central …

Kelly Cloonan   


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5 mins read

The interest rate on my high-yield savings account keeps dropping. I asked 3 experts how to earn more on my cash.

The interest rate on my high-yield savings account has dropped from 4.6% to 4.2%. I asked experts h…

Christine Ji   


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1 min read

Russia's central bank hikes interest rate to 21% to fight stubborn inflation

Inflation in Russia hit 8.6% year-on-year in September, well above the central bank's 4% target.

Nathan Rennolds   


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2 mins read

The bar for earnings is low, and stocks should rise as long companies are feeling upbeat about lower rates, BofA says

"As long as companies have managed through macro headwinds and see early signs of improvement from …

Kelly Cloonan   


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3 mins read

'High expectations can lead to disappointment': A top strategist at T. Rowe Price outlines the 3 risks he's watching as markets celebrate Trump's win

US stocks have been on a roll since Donald Trump's victory. A bullish investment chief shared three…

James Faris   


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4 mins read

Anthony Scaramucci is worried about a stock-market crash not seen since the late 1920s if Trump follows through on some of his plans

Anthony Scaramucci thinks there's a chance that stocks crash. Here's why he's concerned, and why a …

James Faris   


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3 mins read

The stock market chaos sparked by the yen last month could resume as rates rise in Japan, SocGen says

Japan's expected rate hikes could restart the unwind of the yen carry trade and impact US stocks, S…

Jennifer Sor   


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4 mins read

Laila Maidan   


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3 mins read

Get ready for inflation and interest rates to rise again

One of the first things Trump is expected to do in the White House is enact tariffs on imported goo…

Ayelet Sheffey   


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2 mins read

Retail inflation expected to breach 6% mark in October, says UBI Report

The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…

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2 mins read

Carvana stock was nearly wiped out in 2022. It's rallied more than 7,000% since.

Carvana stock crashed 98% in 2022 as it was on the verge of bankruptcy. Since then, the stock has s…

Matthew Fox   


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2 mins read

Deep rate cuts are necessary because the Fed's unprecedented hikes actually made inflation worse, Nobel-winning economist says

The Fed's higher borrowing costs discouraged home building, adding inflation pressure, Joseph Stig…

Filip De Mott   


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5 mins read

The future of the S&P 500 has everyone divided

Some banks see an end to the era of big gains in the stock market while others believe there is sti…

Dan DeFrancesco   


William Edwards   


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4 mins read

Status-quo on interest rate likely, say experts ahead of RBI's policy review

The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…

PTI   


William Edwards   


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1 min read

Rupee slips to all-time low of 83.72 against US dollar; Fall sparked by tax rate hike on capital gains, per traders

Forex traders said the fall in the domestic unit came on the heels of a significant downturn in the…

PTI   


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3 mins read

Atishi hikes Delhi's minimum wages to become highest in the entire country, workers to be paid minimum Rs 18,066 starting Oct 1

According to Atishi, before the AAP came to power in 2013, the minimum wage for unskilled workers i…

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2 mins read

GST rejig: Cheaper water, bikes; pricier shoes, watches

The Group of Ministers (GoM) on GST rate rationalisation on Saturday decided to lower tax rates on …

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2 mins read

Japan got so spooked by Monday's market meltdown that it's now playing cool on more interest-rate hikes

Some analysts blamed the August 5 market meltdown on recent Japan's rate hike that tipped markets o…

Huileng Tan