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What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
There's a 'stealth erosion' in global US dollar reserves, but there's no dominant replacement yet
The share of the US dollar in global forex reserves fell from over 70% in 2000 to about 55% in the …
Huileng Tan
Rupee rises 1 paisa to 83.43 against US dollar in early trade
The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back o…
PTI
From ALICEs to geriatric millennials: Your complete guide to America's weird new tribes
Keep mixing up your DIPS and DINKs? You've come to the right place.
Erin Snodgrass,Jacob Zinkula
Gold could see profit taking as it hits another new lifetime high
Gold prices hit another high on Thursday to ₹66,778 per 10 grams on the MCX on Thursday morning tra…
Americans' spending patterns are flashing a warning of a possible consumer-led recession
Consumers are pulling back on discretionary purchases, a sign that their stimulus-fueled shopping s…
Jennifer Sor
The job market has 3 weak spots that could bring steeper Fed rate cuts, Goldman Sachs says
Hiring conditions are deteriorating faster than previous times the Fed cut rates outside of a reces…
Jennifer Sor
Interest rates on student loans are rising yet again. It'll make things a lot more expensive for new borrowers this fall.
Interest rates on federal student loans are increasing by more than 1% on July 1, marking the highe…
Ayelet Sheffey
Why Gen Z college graduates are having a harder time finding jobs in a strong labor market
Recent college graduates are struggling to find work. Some could come to question the value of thei…
Jacob Zinkula,Andy Kiersz
Why the Fed's rate-cutting agenda could spark a recession, according to top economist Mohamed El Erian
The economy has a 35% chance of a hard-landing, according to top economist Mohamed El-Erian.
Jennifer Sor
Gen X is feeling the negative effects of inflation more than any other generation
Inflation worries continue to rise and no group is feeling the pinch more than Gen X.
Cork Gaines
Bullish domestic markets push up Rupee to 83.37/USD
The rupee appreciated 3 paise to 83.37 against the US dollar in early trade on Monday, amid sustain…
PTI
The Fed confirms that Americans will have to wait longer for interest rate cuts
The Federal Reserve held interest rates steady on Wednesday, pushing back any hopes of an interest …
Ayelet Sheffey
Indian stocks kick off FY25 on a flyer, indices at fresh peak
Riding on the gains from the previous financial year, Indian stock indices kicked off the new fisca…
ANI
Younger Americans are falling behind on credit card and car payments, New York Fed says
"Delinquency tends to decrease with age, and younger generations have delinquency rates slightly hi…
Yuheng Zhan
India stock indices extend losses from past week
Indian stock market indices extended their losses from the previous week, though marginally, tracki…
ANI
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
One of the nicest perks on my credit card is making me a jerk
Consumers are increasingly disputing charges on their credit card and committing friendly fraud as …
Emily Stewart
Gold rush to continue as experts expect prices to touch ₹70k/10g, staggered investment advised
The yellow metal hit another new life high last week. Even as its prices hover around ₹67,000 per …
Fed policy hasn't cooled the labor market and a 'serious consumer recession' could strike if services jobs tumble, real estate billionaire Barry Sternlicht says
The economy could tumble into a recession if the Fed sparks layoffs in this key sector, Barry Stern…