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Business Insider Latest Story Image
2 mins read

Sensex, Nifty scale fresh peaks as inflation cools off; Heavy buying in capital goods aids indices

Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inf…

PTI   


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3 mins read

Market salutes Modi's third term: Sensex-Nifty open at all-time high

Indian stock indices continued their uptrend from the past week and opened at fresh record highs at…

ANI   


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1 min read

Why high interest rates actually might be helping US consumers, strategist says

High interest rates mean that savers are seeing rates of return "like no time over the past few dec…

Aruni Soni   


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2 mins read

OPEC+ extends major oil production cuts until 2025 to stabilise market

Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group …

ANI   


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2 mins read

The Fed confirms that Americans will have to wait longer for interest rate cuts

The Federal Reserve held interest rates steady on Wednesday, pushing back any hopes of an interest …

Ayelet Sheffey   


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2 mins read

Europe's central bank cuts interest rates for first time in 5 years

The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…

Theron Mohamed   


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1 min read

Sensex, Nifty spurt nearly 1% on buying in HDFC Bank, Infosys amid global stocks rally

Equity benchmark indices Sensex and Nifty shot up nearly 1 per cent on Thursday, driven by buying i…

PTI   


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3 mins read

India's retail inflation eases marginally in April; here's what experts have to say

India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…

ANI   


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3 mins read

The consumer slowdown is here and its flashing a recession warning for the economy

American consumers - the backbone of the resilient US economy in recent years - appear to be windin…

Jennifer Sor   


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2 mins read

The Fed now expects just one interest rate cut this year — but there's still time for that to change, Powell says

The Federal Reserve held interest rates steady on June 12, with Powell leaving the door open for a …

Ayelet Sheffey   


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3 mins read

The Fed's next decision will likely mean Americans are going to wait a lot longer for any interest rate cuts

The booming jobs report and still-high inflation mean the Federal Reserve is likely to hold interes…

Ayelet Sheffey,Madison Hoff   


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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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1 min read

US interest rate cut in June seems off the table: Moody's

Rating agency Moody's believes an interest rate cut at US Federal Reserve June's meeting is likely …

ANI   


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2 mins read

Credit and profitability of banks to moderate in FY25, says ICRA

The Indian banking sector’s rating has been revised to stable from positive by rating agency ICRA o…

Business Insider Latest Story Image
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

Jamie Dimon warns inflation and higher interest rates may linger — and people are running out of spare cash

JPMorgan CEO Jamie Dimon flagged threats including sticky inflation, government overspending, forei…

Theron Mohamed   


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5 mins read

Interest-rate cuts could be coming this fall, adding another wrinkle to an election set to focus on the economy

Inflation is cooling just in time for a US presidential election that will likely focus heavily on …

Dan DeFrancesco   


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4 mins read

We want the elephant of inflation to walk back to the forest: Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), kept the repo ra…

Business Insider Latest Story Image
2 mins read

The Fed once again holds interest rates steady — with cuts expected later this year

The Federal Reserve announced interest rates will remain unchanged, staying in line with Powell's r…

Ayelet Sheffey