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3 mins read

India’s unemployment rates have climbed by almost 4% in five years to reach 9.2% in June 2024

In a concerning development for India's economic landscape, the unemployment rate surged to an eigh…

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2 mins read

Stock markets today: Indexes slip as jobless claims rise ahead of highly anticipated jobs report

Indexes edged lower Thursday as investors took in an uptick in jobless claims and simmering tension…

Kelly Cloonan   


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2 mins read

Stock market today: Stocks extend post-election rally as the Fed cuts interest rates

The S&P 500 and the Nasdaq jumped to a fresh record high on Thursday after the Fed delivered a 25 b…

Kelly Cloonan   


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2 mins read

Stock market today: Indexes rise as investors assess producer inflation and jobless claims data

Indexes rose Thursday as investors digested a slight uptick in jobless claims and the producer pric…

Kelly Cloonan   


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2 mins read

Stock market today: Indexes climb as drop in jobless claims boosts investors' confidence

Indexes rose on Thursday as investors digested better-than-expected jobless claims data, which show…

Kelly Cloonan   


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2 mins read

Stock market today: Indexes rise as investors mull jobless claims and prep for Jackson Hole meeting

Indexes rose Thursday as investors digested a slight increase in jobless claims ahead of the Fed's …

Kelly Cloonan   


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4 mins read

With Fed rate cuts imminent, what can you expect from the Indian markets next week?

Experts now believe a 25-basis point reduction in interest rates is imminent, since some positive c…

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4 mins read

With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?

Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…

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2 mins read

Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut

Pantheon Economics cited a "red flag" in September's jobs market data, and expects that the Fed to …

Filip De Mott   


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2 mins read

Stock market today: Indexes close at record highs and tech soars after Fed rate cut

Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued t…

Kelly Cloonan   


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2 mins read

The job market is reaching a turning point that will usher even steeper Fed rate cuts, top economist says

The ratio of job openings to the unemployment rate has plummeted over the past year, top economist …

Jennifer Sor   


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4 mins read

Gold rate today (24th June 2024): Latest price in Indian key cities

Gold rate on Monday rose across India. In Delhi, 10 grams of 24-carat gold cost ₹ 72,380. On the MC…

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4 mins read

Gold rate today (21st June 2024): Latest Rates in Indian Cities

Gold rate on Friday rose across India. In Delhi, 10 grams of 24-carat gold cost ₹72,450. On the MCX…

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2 mins read

Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut

Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in w…

Kelly Cloonan   


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2 mins read

The Fed will go bigger with rate cuts than markets think, Citi economist says

The Fed could cut 125 basis points by the end of the year if the labor market continues to cool, Ci…

Kelly Cloonan   


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2 mins read

Why the Fed will cut rates in September and then stop for the year, chief economist says

After an initial rate cut next month, the Fed will adopt a wait-and-see approach going forward, Tor…

Filip De Mott   


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1 min read

Some Fed officials saw a case to cut rates in July, minutes show

Several Fed officials saw a case to cut interest rates in July, according to the FOMC minutes relea…

Filip De Mott   


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2 mins read

Stock market today: US stocks edge higher as investors assess path of Fed rate cuts

"Fed Funds Futures are discounting a steady diet of rate cuts over the next 12 – 16 months," DataTr…

Matthew Fox   


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2 mins read

Stock market today: Indexes mixed as jobless claims jump to highest since August

Stock futures pared some losses heading into the opening bell as the market digested the latest job…

Yuheng Zhan   


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2 mins read

2 economists explain why the Fed should cut rates more than expected next month

Claudia Sahm thinks there's a strong case for a 50-basis point cut in September, given labor market…

Filip De Mott