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2 mins read
Stock market today: Dow ends at a record high as markets see rising odds of another big rate cut
Odds of another 50 basis point rate cut at the Federal Reserve's next FOMC meeting in November hit …
Matthew Fox
2 mins read
S&P Global Market raised growth forecast of China, still significantly lower than India
The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…
ANI
3 mins read
One number shows why the economy might not get the immediate relief many hope for
For consumers to get more relief in the form of lower borrowing costs, the 10-year Treasury yield n…
Matthew Fox
2 mins read
The latest stock market crash wasn't a fluke, and it signals more trouble coming for the economy, investor Mark Mobius says
It's a good time for investors to have at least 20% of their portfolio on the sidelines, according …
Jennifer Sor
2 mins read
Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high
The stock market closed in the green, with benchmark indices hitting new all-time highs at the end …
ANI
2 mins read
The global carry trade that crushed markets last month is still a risk, market veteran says
The yen carry trade continued to unwind last week after BOJ governor Kazuo Ueda hinted at more inte…
Filip De Mott
3 mins read
Pets, sports, and Disney might end up rescuing China's ailing consumer economy
China's pets, sports, and cultural IP economies are poised for rapid growth, with supply currently …
Kelly Cloonan
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
2 mins read
India's strong economic recovery is led by fiscal expenditure: DSP MF
India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…
ANI
2 mins read
The stars have aligned for this corner of the stock market as the US economy enters its 'Goldilocks' era, BofA says
"Slowing GDP + accelerating EPS has been the best backdrop for stocks," Bank of America said in a n…
Matthew Fox
2 mins read
China just released aggressive measures to boost its economy — but some analysts say it's still not enough
"Today's policy measures are bold by historical standards," Betty Wang, the lead economist at Oxfor…
Huileng Tan
1 min read
China's economy is still stuck in low gear
China's economy continues to face headwinds from a slowing real estate sector, with property invest…
Kelly Cloonan
2 mins read
Gen Z and millennials are propping up the economy — with help from their parents, 'Oracle of Wall Street' says
Consumers between the ages of 24 and 38 hold the largest discretionary spending power in the US, Me…
Filip De Mott
3 mins read
The economy's soft landing is suddenly in question
The unemployment rate jumped unexpectedly in July, leading some economists to wonder if the Federal…
Juliana Kaplan,Madison Hoff,A…
2 mins read
On 8th year of its operations, Jio achieves 8% of world's mobile data traffic
Today, Jio accounts for 8 per cent of the world's total mobile data traffic, making it the largest …
ANI
3 mins read
Bihar government disburses Rs 2,900 crore to 74,540 beneficiaries for promoting MSMEs: Official
To promote innovation ecosystem and unlock the enormous entrepreneurial potential of the state, the…
PTI
3 mins read
Nifty halts 14-day rally; Sensex drops over 200 points tracking weak global markets
Among the 30 Sensex firms, ICICI Bank, State Bank of India, Axis Bank, Mahindra & Mahindra, Infosys…
2 mins read
The US economy is strong enough that Fed rate cuts aren't even warranted, JPMorgan strategist says
Most traders expect the Fed to make a big initial rate cut, but one strategist says it's not necess…
Kelly Cloonan
2 mins read
Markets pare early gains; trade lower amid muted global market trend
Market analysts said investors are awaiting cues from the US Federal Reserve Chair Jerome Powell's …
PTI
2 mins read
China can't boost its economy because its macro policy is 'too slow and reluctant,' Goldman Sachs says
Weak retail sales and potential labor market pressures show China's policy pushes haven't acted qui…