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2 mins read

The possibility of stagflation hitting the US economy isn't off the table, JPMorgan chief Jamie Dimon says

JPMorgan Chase CEO Jamie Dimon said the worst outcome for the US economy is stagflation, and it isn…

Kelly Cloonan   


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1 min read

Ex-Bengal CM Buddhadeb Bhattacharjee dies at 80 after suffering from old age-related ailments

The former chief minister was 80 and is survived by his wife Mira and daughter Suchetana.

PTI   


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4 mins read

INDIA bloc leaders gather at Jantar Mantar, demand release of Delhi CM Kejriwal

They also blamed the Centre for obstructing the work of the Delhi government, therefore leading to …

PTI   


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3 mins read

A necessary step or government overreach? Economists are divided over Kamala Harris' plan to clamp down on food inflation

Kamala Harris unveiled a plan for the first ever federal ban on price gouging. Economic experts hav…

Filip De Mott   


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4 mins read

Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate

Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…

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1 min read

Don't get spooked by recession fears. The US is well on its way to a soft landing, Goldman Sachs says

Analysts from Goldman Sachs say the US is on its way to a soft landing, with recent volatility fue…

Kelly Cloonan   


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2 mins read

Inflation cooled in July, adding to the case for rate cuts at the next Fed meeting

The consumer price index, an inflation measure, increased 2.9% in July from a year ago.

Madison Hoff   


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4 mins read

After AAP, ED attaches land, bank deposits of CPI(M); says party holding proceeds of money laundering

Official sources said the party may be named as an accused in the next supplementary chargesheet to…

PTI   


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1 min read

Why the Fed won't cut rates until December, according to Bank of America

"We think the Fed can be patient," Bank of America economists wrote in new research.

Kelly Cloonan   


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2 mins read

RBI retains inflation projection for FY25 at 4.5%

The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…

PTI   


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2 mins read

Why June CPI is going to be a big moment for stock market bulls, according to Fundstrat's Tom Lee

"It's going to be a week of reckoning, and I mean a reckoning of how people view inflation and the …

Matthew Fox   


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2 mins read

3 reasons the Fed should cut interest rates this month instead of waiting for September

"If the case for a cut is clear, why wait another seven weeks before delivering it?" Goldman Sachs …

Matthew Fox   


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5 mins read

Welcome back to Wall Street earnings season

Among other things, bankers and investors will be keeping an eye out for updates on Jamie Dimon's r…

Jordan Parker Erb   


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2 mins read

Inflation cooled off more than expected in June

Inflation keeps cooling. The consumer price index rose 3.0% year over year; the forecast was 3.1%.

Madison Hoff   


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1 min read

Retail inflation falls to 6.83% in August as vegetable prices cool a bit

India's retail inflation measured by consumer price index (CPI), fell to 6.83 % in August against 7…

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3 mins read

Here's how inflation has ratcheted up the cost of basics like housing and food for families across the US

Daily essentials are inflating faster than broad inflation indexes, as the ALICE Essentials Index i…

Juliana Kaplan,Noah Sheidlower   


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2 mins read

India's retail inflation in Sept eases to 3-month low; Aug IIP hits 10.3%

India's retail inflation declined to a three-month low of 5.02 in September, mainly due to easing f…

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2 mins read

The phenomenon behind tumultuous prices

​Prices of the humble tomato, an integral part of our diet, dominated through July because prices h…

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3 mins read

Inflation unexpectedly cools off as the Fed decides its next move

The Consumer Price Index increased 3.3% year over year in May, which is less than the 3.4% increase…

Madison Hoff   


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3 mins read

The Fed's next decision will likely mean Americans are going to wait a lot longer for any interest rate cuts

The booming jobs report and still-high inflation mean the Federal Reserve is likely to hold interes…

Ayelet Sheffey,Madison Hoff