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Rupee falls 7 paise to 84.47 against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 84.45 and moved in a tight range and tou…

PTI   


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US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions

The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…

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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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The Federal Reserve gives Americans another interest rate cut

Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis…

Ayelet Sheffey   


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3 mins read

Trump said he'll unleash an oil boom. Exxon Mobil CEO says not so fast.

ExxonMobil CEO Darren Woods said there isn't much opportunity for the oil industry to increase prod…

Catherine Boudreau,Jacob Zink…   


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Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty

The Federal Reserve cut interest rates by 25 basis points. But Trump's tariff proposals raise conce…

Dan DeFrancesco   


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US elections, Fed meeting, China's meet on stimulus will keep pressure on Indian stocks: Experts

Stock markets in India continued their downward trend on Tuesday, indicating continuous selling by …

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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…

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3 mins read

The Fed's long-awaited rate cuts will open up the job market — but it could take a while

The spiking unemployment rate will rise further before improving, but rate cuts will work eventuall…

Jennifer Sor   


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3 mins read

Gen Z college grads are bearing the brunt of today's tricky job market

Recent college graduates are more likely to be unemployed than workers overall. This isn't typical.

Jacob Zinkula,Madison Hoff,An…   


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5 mins read

4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help

Trump has pledged to lower housing costs, but industry leaders and economists are worried some of h…

Eliza Relman   


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5 mins read

Some of Trump's key cabinet picks provide clues to how his administration will approach the business world

President-elect Donald Trump's picks for US attorney general and secretary of state illustrate a po…

Dan DeFrancesco   


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1 min read

Inflation heated up in October as expected

October's consumer price index was expected to show inflation heating up at a 2.6% rate.

Madison Hoff   


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WFI to challenge High Court order, says Indian wrestlers' participation in upcoming Worlds in danger

The latest order came on a plea seeking a stay on the functioning of the WFI and prevent it from un…

PTI   


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Trump's policies could usher in stagflation and send stock prices plummeting, 'Dr. Doom' economist says

Some of Trump's policies could lead to stagflation, which involves soaring inflation, high interest…

Jennifer Sor   


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Sensex, Nifty surge on rally in US markets, foreign fund inflows

The NSE Nifty soared 187.45 points or 0.76 % to 25,010.60. Among the 30 Sensex firms, HCL Technolog…

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1 min read

The US labor market is 'healthy,' Treasury Secretary Janet Yellen says, even as data shows conditions softening

Janet Yellen says the current unemployment rate is still low even after it ticked up in July. Inves…

Kelly Cloonan   


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3 mins read

Economists say Trump could give Americans the very thing they voted against

Trump's campaign promises of broad-based tariffs, mass deportations, and lower taxes are seen fueli…

Matthew Fox   


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2 mins read

Fed Chair Powell stands firm amid questioning about whether Trump will push him out

Fed chair Jerome Powell said he won't resign even if President-elect Donald Trump asks him to leave…

Ayelet Sheffey   


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The August jobs report reinforces 'waning vigor' in the labor market and the Fed should deliver a big rate cut, JPMorgan says

JPMorgan chief economist Michael Feroli says the Fed should cut 50 basis points this month as the A…

Kelly Cloonan