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2 mins read

The feds are investigating if airlines are being stingy with your rewards

The Department of Transportation is investigating four major airlines to determine if their rewards…

Grace Eliza Goodwin   


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3 mins read

Sensex, Nifty edge up in volatile trade ahead of US Fed chief speech

In early trade, the benchmark declined 169.93 points or 0.20 per cent to a low of 80,883.26. La…

PTI   


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3 mins read

Not just Fed, but central banks of these countries also tinkered with rate cuts this week

The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…

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3 mins read

A researcher who studied Trump's plans to control the Fed said it could tank the economy

Economists at a top think tank found Trump's threat to undermine the Fed would lower GDP, raise inf…

Alice Tecotzky   


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The Fed is following its 1995 playbook — and that's great news for stocks and the economy

The Fed's cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling …

Jennifer Sor   


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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   


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3 mins read

The Fed's interest-rate cut put Trump even more at odds with the central bank

Donald Trump has argued that the Fed would only cut interest rates close to the election to help hi…

Ayelet Sheffey,Brent D. Griff…   


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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   


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2 mins read

Gold shines as demand for safe haven asset strong; Infomerics Ratings anticipates 10% price jump this year

Historical trends, such as the surge during the Russia-Ukraine war, highlight gold's role as a safe…

ANI   


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5 mins read

Indian markets surging to all time highs today: What's happening post Fed decision?

The BSE Sensex surged by 1,400 points to close at 84,544.31, while Nifty rose over 1% to 25,790.95.…

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1 min read

Why Fed rate cuts could mean corporate earnings will disappoint

Steep rate cuts would point to a weaker economy, with higher unemployment and less pricing power fo…

Kelly Cloonan   


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2 mins read

Stock market today: Indexes add to records as traders parse more economic data and Fed comments

Stock indexes continued to climb after a record close on Monday, as investors tuned in to new comme…

Filip De Mott   


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1 min read

The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says

The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumb…

Filip De Mott   


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1 min read

The Fed's rate decision shows its focus has shifted from inflation to the labor market

"The Fed is more worried about the labor market and less concerned about inflation at this point," …

Filip De Mott   


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4 mins read

Why Japan is one of the only countries that isn't fed up with housing costs

Some experts have pointed to Japan, where housing costs are lower than peer countries, as a potenti…

Jacob Zinkula,Eliza Relman,Ma…   


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1 min read

Economic conditions are 'nearly perfect' and the Fed has engineered a 'miraculous' achievement, Evercore founder says

Economic conditions are "nearly perfect," with only inflation standing in the way of a soft landing…

Filip De Mott   


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2 mins read

Fed trims interest rates by 50 basis points, gold prices touch record-high

Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…

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3 mins read

Stock market today: Indexes edge up ahead of major Fed interest rate decision

Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the firs…

Jennifer Sor   


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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   


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3 mins read

The Fed is repeating the same mistake that caused a decade of slow growth and high inflation in the 70s, according to one financial historian

A 50-basis-point rate cut is actually a big mistake on the Fed's part that risks sending inflation …

Christine Ji