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3 mins read
Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which…
Dominick Reuter
2 mins read
Credit and profitability of banks to moderate in FY25, says ICRA
The Indian banking sector’s rating has been revised to stable from positive by rating agency ICRA o…
2 mins read
RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P
Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…
PTI
2 mins read
In the long run, rate cut by Fed will be favourable for most US banks: Moody's
"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …
ANI
2 mins read
The Fed finally cut interest rates. Here's what comes next.
Don't expect an immediate impact from the Fed cutting interest rates. But that doesn't mean you can…
Dan DeFrancesco
10 mins read
The best way to fix your credit score? Ignore it.
Credit scores and reports can be daunting to think about for consumers. For companies from Experian…
Emily Stewart
2 mins read
Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA
The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…
4 mins read
We want the elephant of inflation to walk back to the forest: Shaktikanta Das
The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), kept the repo ra…
2 mins read
RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…
ANI
3 mins read
Don't let September's jobs report fool you — the labor market is still deteriorating at a worrying rate, economists warn
The September payrolls report seemed to switch the investor narrative around the labor market on a …
William Edwards
3 mins read
It'll be a while before you feel today's interest-rate cuts
The Federal Reserve finally cut interest rates, but it could take time to see the relief reflected …
Ayelet Sheffey,Madison Hoff
2 mins read
The Fed gives the US its first jumbo interest-rate cut in 4 years
The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in fo…
Ayelet Sheffey
2 mins read
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
2 mins read
Mortgage rates are falling, but there are 3 reasons buyers are still on the sidelines
Buyers are waiting to see how new rules on agent fees play out, and if mortgage rates and home pric…
Kelly Cloonan
2 mins read
Credit quality outlook of India Inc positive in first half of FY25: Crisil Ratings
Crisil Ratings on Monday said the credit quality outlook for Indian corporates remains positive for…
PTI
2 mins read
Interest rates remain steady once again — but it's likely the Fed will cut rates in September
The Federal Reserve held interest rates steady in its July meeting as pressure mounts on the centra…
Ayelet Sheffey
10 mins read
Credit card rewards are turning us into jerks
The battle to rack up credit-card rewards is turning friends against each other.
Emily Stewart
2 mins read
Adani Enterprises announces public issuance of secured NCDs to raise up to Rs 800 cr
The issue will open on September 4 and close on September 17, with an option of early closure or ex…
PTI
4 mins read
RBI likely to keep interest rate unchanged at 6.5%, say experts
Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…
PTI
1 min read
Israel downgraded by another big credit ratings agency as Middle East tensions escalate
Israel's economy is likely to suffer if there's a drawn-out conflict in the Middle East, S&P Global…