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2 mins read
The Federal Reserve gives Americans another interest rate cut
Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis…
Ayelet Sheffey
2 mins read
US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions
The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…
2 mins read
Fed Chair Powell stands firm amid questioning about whether Trump will push him out
Fed chair Jerome Powell said he won't resign even if President-elect Donald Trump asks him to leave…
Ayelet Sheffey
2 mins read
Markets globally await Fed chair Jerome Powell's Jackson Hole Symposium address later today
The central bankers and markets around the globe will be eying the speech given by Federal Reserve …
ANI
3 mins read
US Fed says further interest rate hike unlikely going ahead
US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and …
ANI
1 min read
Inflation heated up in October as expected
October's consumer price index was expected to show inflation heating up at a 2.6% rate.
Madison Hoff
2 mins read
SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast
Indian economy is expected to grow at 7.0-7.1% in the April-June period, the first quarter of 2024-…
ANI
3 mins read
Sensex, Nifty surge on rally in US markets, foreign fund inflows
The NSE Nifty soared 187.45 points or 0.76 % to 25,010.60. Among the 30 Sensex firms, HCL Technolog…
5 mins read
Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty
The Federal Reserve cut interest rates by 25 basis points. But Trump's tariff proposals raise conce…
Dan DeFrancesco
3 mins read
Trump is about to make the Fed's job a lot harder
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more com…
Jennifer Sor
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
3 mins read
Americans are probably getting another interest rate cut this week — just days after the election
It's likely that the Federal Reserve will cut interest rates by a quarter point on Thursday, closin…
Ayelet Sheffey,Madison Hoff
3 mins read
Trump's plan to build more homes on federal land could push prices higher, UBS says
Trump's plans to turn federal land into housing could prove too costly, while tax incentives will b…
Kelly Cloonan
1 min read
Stock market: Sensex and Nifty reach record levels, cross 82,000 and 25,000 point marks respectively!
Benchmark BSE Sensex jumped 388 points to breach the 82,000-level for the first time while broader …
PTI
2 mins read
Gold rallies Rs 550; silver jumps Rs 400 amid strong global cues
Gold prices rallied by Rs 550 to Rs 75,700 per 10 grams in the local market on Tuesday on the back …
PTI
2 mins read
The Federal Reserve is done talking about recession
The word "recession" doesn't appear in minutes from the Fed's last three meetings, after cropping u…
Theron Mohamed
1 min read
Rupee trades flat 83.49 against US dollar in early session
Powell's testimony offered little new guidance on the US central bank's plans for when it mig…
PTI
5 mins read
Things are looking up for the economy. So why are consumers still unhappy?
US consumers' confidence in the economy has dropped over finding another job. But new payroll data …
Dan DeFrancesco
3 mins read
There's a new reason people feel bad about the economy
The vibes are officially bad once again. Just ask anyone trying to find a job.
Juliana Kaplan
2 mins read
The biggest single-family home landlord in the US is poised to pay $48 million in settlement with FTC
The Federal Trade Commission alleged the company engaged in a slew of illegal practices, including …