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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…
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
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
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…
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
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
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
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
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
A 32-year market vet shares 5 labor market indicators showing the US economy is barreling toward a recession — putting an overvalued stock market at risk for major declines
Current market-cap-to-GDP levels mean "the S&P 500 would have to fall 60% just to return to the his…
William Edwards
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
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
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
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
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
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
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
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
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
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…