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1 min read

Rupee slips to all-time low of 83.72 against US dollar; Fall sparked by tax rate hike on capital gains, per traders

Forex traders said the fall in the domestic unit came on the heels of a significant downturn in the…

PTI   


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1 min read

What rate cut? The Fed's next move could be a hike if inflation stays stubbornly high, legendary investor says

Given how low last year's inflation was, CPI data might rebound in the latter half of this year. Th…

Filip De Mott   


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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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10 mins read

Reliance Jio and Airtel price hike – new plans and how you can save money

Reliance Jio on Thursday announced a price hike, increasing the prices of its plans by up to 25%. F…

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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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2 mins read

Time for a govt job? Karnataka announces impressive 27% pay hike for state employees

Karnataka cabinet approves 27.5% salary hike for seven lakh state employees, surpassing India Inc.'…

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3 mins read

Budget 2024: Tax alterations affecting stock markets — capital gains tax, STT on F&O, and more

Finance Minister Sitharaman’s 2024 Finance Bill revises capital gains tax: 20% STCG for some assets…

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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

Stock market today: Indexes extend gains as traders eye Fed speakers for rate clues

The equity rebound is entering its fourth day after last week's jobs report brought back hope for a…

Filip De Mott   


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6 mins read

As netizens trend #BoycottJio, can BSNL capitalise to reclaim past glory in new telecom war?

Reliance Jio faces backlash as tariff hikes spark nationwide outrage, leading to calls for mass boy…

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2 mins read

Stocks could tank after an ill-advised 'melt-up' if the Fed cuts rates to avoid recession

"Investors' expectation that the Fed would nip a recession in the bud by easing means that the Fed …

Matthew Fox   


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3 mins read

Stock market today: Indexes mixed after Fed meeting as Powell calms nerves over possible hike

The Federal Reserve's next policy move is "unlikely" to be a rate hike, Chairman Jerome Powell said…

Jennifer Sor   


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4 mins read

Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm's exact forecasts.

Here's a round up of some of the most bullish strategists on Wall Street and their predictions for …

Matthew Fox   


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2 mins read

Buy Costco stock as shares are poised to rally 12% after the company raises membership fees for the first time since 2017

Costco delayed its membership fee hike by two years due to inflation, concerns of a recession, and …

Matthew Fox   


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2 mins read

These 5 global currencies have tumbled this year as delayed rate cuts have supercharged the dollar

The US dollar index is trading at a six-month high as hopes of a Fed rate cut fade, and it's come a…

Filip De Mott   


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1 min read

Bank of Japan ends decades-long negative interest policy

The Bank of Japan (BoJ) decided to end its negative short-term policy rate, which started in Januar…

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3 mins read

The stock market's best-case interest rate scenario is in tatters after March CPI

Not only are the number of rate cuts dwindling among bank forecasts, but Larry Summers warns the od…

Jennifer Sor   


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4 mins read

Fed rate hikes are creeping back into the conversation

Wall Street strategists expect the Fed to stay cautious, and ex-Treasury Secretary Larry Summers sa…

Phil Rosen   


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2 mins read

Stock market today: Stocks slide for 5th session as Fed officials cast more doubt on rate cuts

The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts …

Yuheng Zhan   


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2 mins read

Fed rate hikes have made borrowing greenbacks costlier and pushed more firms to de-dollarize, think tank says

Global firms had to find cheaper alternatives to dollar debt as the Fed raised interest rates, the …

Filip De Mott