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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…

Business Insider Latest Story Image
7 mins read

3 couples who recently got mortgage interest rates under 3% share how they did it

The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and co…

Alcynna Lloyd   


Business Insider Latest Story Image
2 mins read

Stock market today: US stocks trade mixed with Fed minutes and rate outlook in focus

The Fed meeting minutes will be published later on Wednesday. Alphabet dipped about 1% as the DOJ i…

Jennifer Sor   


Business Insider Latest Story Image
2 mins read

Fed meeting starts today, rate cut on the cards. Here’s what experts are saying

The US Federal Reserve's meeting, starting today, is expected to announce changes in interest rates…

Business Insider Latest Story Image
3 mins read

Stock market today: US stocks close at all-time highs ahead of key inflation update

The Dow and the S&P 500 closed at a record high. Markets are waiting for September inflation data, …

Jennifer Sor   


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2 mins read

Americans are able to bet on the US elections again after a legal fight

An appeals court lifted a ban on bets on congressional election outcomes, making Kalshi the only le…

Kelly Cloonan   


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3 mins read

Gold prices drop by Rs 5,000/10gm post Budget; bring cheers to retail investors

After the duty cut, the yellow metal has declined Rs 5,000 per 10 grams or 7.1% in the past three s…

PTI   


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2 mins read

Stock market today: US stocks jump after blowout September jobs report

"On the face of this the Fed should be hiking rates with these sorts of figures, not cutting rates,…

Matthew Fox   


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2 mins read

Stock market today: US indexes edge higher to records as Powell talks up strength of the economy

"Overall, the economy is in solid shape," Powell said in his prepared remarks on Monday. "We intend…

Matthew Fox   


William Edwards   


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2 mins read

Markets globally await Fed chair Jerome Powell's Jackson Hole Symposium address later today

The central bankers and markets around the globe will be eying the speech given by Federal Reserve …

ANI   


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1 min read

Rupee trades flat 83.49 against US dollar in early session

Powell's testimony offered little new guidance on the US central bank's plans for when it mig…

PTI   


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2 mins read

Stock market today: US stocks notch 4-week win streak after strong jobs report eases fears of an economic slowdown

Odds of a 50 basis point cut dropped to 0% from 53% last week after the strong September jobs repor…

Matthew Fox   


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1 min read

Stock market today: US indexes gain after soft inflation report supports more rate cuts

"The Fed feels as though it has won the battle on inflation and its primary focus is making sure th…

Matthew Fox   


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1 min read

How stocks can roar by 10% into year-end, Citi US equity-trading head says

Stocks will keep surging this year as long as month-to-month labor figures do not signal a recessio…

Filip De Mott   


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2 mins read

Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official

The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…

PTI   


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2 mins read

The biggest threat to the US dollar is America's exorbitant debt load, JPMorgan says

The dollar's dominance could be eroded if the US doesn't address certain domestic issues, JPMorgan …

Filip De Mott   


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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   


Business Insider Latest Story Image
2 mins read

Rupee opens on flat note against US dollar in early trade

Market participants will keenly watch India's trade balance data due later in the day as any de…

PTI   


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2 mins read

Stock market today: US stocks end mixed but finish the week near record highs after the Fed's first rate cut in 4 years

The Dow closed at a record high on Friday. Investors see more gains ahead as the Fed kicks off a ne…

Matthew Fox