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1 min read
Stock market today: Indexes slide and yields rise as rate-cut outlook dims
US stocks added to Monday's losses as investors pared back rate cut expectations. Markets are geari…
Filip De Mott
3 mins read
Wholesale Price Index records 1.84% inflation in September 2024 amid rising food prices
In terms of the overall WPI, the index for all commodities reached 154.6 in September 2024, registe…
ANI
3 mins read
The stock market chaos sparked by the yen last month could resume as rates rise in Japan, SocGen says
Japan's expected rate hikes could restart the unwind of the yen carry trade and impact US stocks, S…
Jennifer Sor
4 mins read
The cloud rises and AI pays off — 3 takeaways from tech's big earnings week
It's been a big week. Here's what Big Tech earnings told us about cloud, AI, and chips.
Alistair Barr,Kwan Wei Kevin …
3 mins read
RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%
Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …
3 mins read
RBI's monetary policy committee meeting begins today, announcement on October 9
The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and…
2 mins read
A Trump win could prompt the Fed to hit pause on its rate-cutting cycle, JPMorgan strategy chief says
A Trump win would likely come with a host of inflationary policies that would make it difficult for…
Kelly Cloonan
5 mins read
Why the interest-rate cut isn't delivering the relief consumers were hoping for
The 10-year Treasury yield went above 4%, leaving consumers facing high borrowing costs despite the…
Dan DeFrancesco
3 mins read
Bank bosses aren't worried about lower interest rates — and even see some upside
Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and …
Theron Mohamed
3 mins read
Sorry Mom and Dad, Gen Z is calling the shots on the family vacation now
Gen Zers aren't just tagging along on their parent's pricey trips; they are calling the shots, luxu…
Maria Noyen
3 mins read
Inflation isn't going anywhere, and higher rates could spark a 12% downturn for stocks in the coming year, veteran strategist says
Steep rate cuts aren't coming, according to one market veteran who sees a double-digit decline ahea…
Jennifer Sor
3 mins read
Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which…
Dominick Reuter
2 mins read
RBI unlikely to cut interest rate in 2024: SBI chief Setty
"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…
PTI
2 mins read
The Fed is done cutting rates this year as the 'phantom recession' is finally dead, market vet says
The US recession many forecasters have been calling for isn't going to materialize anytime soon, ac…
Jennifer Sor
3 mins read
Breast cancer is on the rise in women under 50. It could be linked to 2 lifestyle factors.
The rise in younger women developing breast cancer is complex. An American Cancer Society expert ex…
Kim Schewitz
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
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%…
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
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
2 mins read
There's a simple reason one of Wall Street's most bullish strategists expects a 40% rise in the S&P 500 by 2030
"EPS could double to $400 by the end of the decade in our Roaring 2020s scenario," Ed Yardeni said …