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2 mins read
The Fed hints it'll start reining in pandemic-era stimulus later this year
Most policymakers agreed the Fed could start shrinking its emergency asset purchases later this yea…
Ben Winck
2 mins read
Mohamed El-Erian says the stock market won't react to tapering speculation until the Fed's 'Big 3' starts to take it more seriously
"So as long as the 'Big Three' aren't saying it, the market is not going to be listening to anythin…
Isabelle Lee
3 mins read
Inflation, weather and more push July services sector growth to a 4-month low
India's services sector lost momentum in July as demand was curtailed by competitive pressures, ele…
PTI
3 mins read
India’s first quarter GDP may surpass RBI MPC projection
The Indian GDP may surpass the latest Reserve Bank of India projections for the first quarter of…
1 min read
The US wants companies to buy Russian fertilizer as agricultural commodities markets spiral and a global food crisis looms: report
The US and EU have included fertilizer exemptions in their sanctions on Russia, which allow trade t…
Phil Rosen
2 mins read
The Federal Reserve will start shrinking its pandemic aid later in November, signaling new priorities for the central bank
With the recovery seeming to move past the Delta wave and inflation proving sticky, the Fed is like…
Ben Winck
2 mins read
US stocks fall as investors fret over Fed tapering and economic recovery outlook
"The Federal Reserve should start taking away the punchbowl by tapering after the next strong jobs …
Isabelle Lee
2 mins read
Bank of America projects the Fed will taper asset purchases in November, ahead of earlier projections of 2022
The Fed has been buying $120 billion a month of US bonds and mortgage-backed securities since last …
Carla Mozée
3 mins read
The Fed hints it will soon raise interest rates as inflation lingers at its highest level since 1982
Fed officials didn't say exactly when the first rate hike will arrive, but signs point to an increa…
Ben Winck
1 min read
Indian stocks marginally lower Thursday morning on profit booking
Indian stock indices traded on a negative note Thursday morning, attributable to continued profit b…
ANI
2 mins read
US stocks slip as focus turns to Fed decision on tapering asset purchases
"Tapering may not be enough to counter runaway inflation," said one analyst ahead of the Fed's mone…
Carla Mozée
3 mins read
Charm Industrial is getting $53 million to turn agricultural waste into oil that can lock away carbon dioxide for 1 million years
The deal is one of the largest to date in the carbon-removal industry and would avoid 112,000 tons …
Catherine Boudreau
2 mins read
India poised to grow at 6.2% in 2023-24 says Morgan Stanley
In the three-day deliberations of the Monetary Policy Committee of the Reserve Bank of India in ear…
ANI
3 mins read
Democratic Sen. Sheldon Whitehouse violated a conflict-of-interest law with 2 late stock purchase disclosures
Whitehouse, who represents Rhode Island, supports a recent push to ban members of Congress from buy…
Dave Levinthal
2 mins read
The Senate Banking Committee wants answers from stablecoin issuers on how their business works
Complex terms and conditions can make it difficult for investors to understand stablecoin risks, sa…
Carla Mozée
2 mins read
Biden's about to raise food stamps to $157 a month from $121 - the biggest boost ever
Biden's action permanently gives roughly 42 million Americans an extra 40 cents per meal. It works …
Ben Winck
2 mins read
Global stocks hit record high after Fed tapers bond purchases but signals patience over interest rates
Futures signal more gains ahead for the tech-heavy Nasdaq after the Federal Reserve cut back on its…
Harry Robertson
1 min read
Fed risks tapering surprise, stock market shock as central bank's inflation forecast not 'credible', says Wharton's Jeremy Siegel
"I look at these inflation forecasts that the Fed put out, I don't find them credible at all," Sieg…
Isabelle Lee
5 mins read
There is a lot of money in the share market but not enough in your pocket
It’s hardly a surprise given the knockout punch that the COVID-19 virus has delivered. Businesse…
3 mins read
US stock futures edge lower as investors fret about the Delta variant's spread ahead of Fed minutes
The S&P 500 and the Dow broke a 5-day run of record highs on Tuesday, with COVID-sensitive assets s…