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1 min read

What rate cut? The Fed's next move could be a hike if inflation stays stubbornly high, legendary investor says

Given how low last year's inflation was, CPI data might rebound in the latter half of this year. Th…

Filip De Mott   


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10 mins read

Reliance Jio and Airtel price hike – new plans and how you can save money

Reliance Jio on Thursday announced a price hike, increasing the prices of its plans by up to 25%. F…

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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   


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1 min read

More interest-rate hikes aren't off the table yet, Fed president says

"If we get surprised by the data, then we would do what we need to do," Neel Kashkari said during a…

Filip De Mott   


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2 mins read

The US government is paying $2 million of interest a minute as rates stay high

The surge in interest payments has led to some paradoxical thinking on Wall Street about how exactl…

Matthew Fox   


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2 mins read

Stock market today: Indexes extend gains as traders eye Fed speakers for rate clues

The equity rebound is entering its fourth day after last week's jobs report brought back hope for a…

Filip De Mott   


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2 mins read

Stocks could tank after an ill-advised 'melt-up' if the Fed cuts rates to avoid recession

"Investors' expectation that the Fed would nip a recession in the bud by easing means that the Fed …

Matthew Fox   


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3 mins read

Stock market today: Indexes mixed after Fed meeting as Powell calms nerves over possible hike

The Federal Reserve's next policy move is "unlikely" to be a rate hike, Chairman Jerome Powell said…

Jennifer Sor   


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2 mins read

These 5 global currencies have tumbled this year as delayed rate cuts have supercharged the dollar

The US dollar index is trading at a six-month high as hopes of a Fed rate cut fade, and it's come a…

Filip De Mott   


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2 mins read

India benchmark equity closes in red, stocks of Bank Nifty dip 469 points

Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that re…

ANI   


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2 mins read

Bansal Wire's ₹745-cr IPO to open on July 3

The maiden public issue is an entirely fresh issue of equity shares worth Rs 745 crore, with no…

PTI   


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2 mins read

Stock market today: Indexes edge higher, yields fall ahead of the Fed's favorite inflation gauge

US stocks finished Thursday slightly higher, with traders awaiting PCE data on Friday for fresh clu…

Max Adams   


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3 mins read

The stock market's best-case interest rate scenario is in tatters after March CPI

Not only are the number of rate cuts dwindling among bank forecasts, but Larry Summers warns the od…

Jennifer Sor   


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2 mins read

Stock market news: US stocks slide and bond yields rise as traders eye new economic data

Traders are looking ahead to new inflation data at the end of the week. Nvidia shares wavered after…

Jennifer Sor   


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1 min read

Bank of Japan ends decades-long negative interest policy

The Bank of Japan (BoJ) decided to end its negative short-term policy rate, which started in Januar…

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2 mins read

Stock market today: US indexes rebound as Nvidia's revival sets off a tech rally

The S&P 500 and Nasdaq both climbed after Nvidia snapped a sell-off that had erased $431 billion in…

Filip De Mott   


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2 mins read

Stock market today: Stocks slide for 5th session as Fed officials cast more doubt on rate cuts

The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts …

Yuheng Zhan   


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1 min read

The stock market can rise another 13% this year even with a dwindling rate-cut outlook, Fundstrat's Tom Lee says

The S&P 500 could end the year at 5,700 even if the outlook for Fed rate cuts doesn't brighten, Fun…

Jennifer Sor   


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4 mins read

Fed rate hikes are creeping back into the conversation

Wall Street strategists expect the Fed to stay cautious, and ex-Treasury Secretary Larry Summers sa…

Phil Rosen   


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2 mins read

Stock market today: S&P 500 and Nasdaq head for new highs as Nvidia rally pushes on

Major averages were headed for another all-time high Thursday amid Nvidia's big rally this week. Jo…

Max Adams