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Weak hiring is hurting young workers more than AI, study saysA new Federal Reserve study reveals that a scarcity of job openings, not a lack of AI skills, is the primary driver of unemployment among y...
Strong dollar pushes yen to 40-year low as clock ticks on interventionThe Japanese yen hit a 40-year low against the dollar, sparking intervention fears. Despite past efforts, the yen continues to weaken due t...
Gold set for fourth monthly fall on bets of Fed rate hikesGold prices tumbled over 1% on Tuesday, heading for a fourth consecutive monthly drop. Shifting from Middle East concerns, the market now a...
US Supreme Court says Fed's Cook can keep her job for now, but it upholds other Trump firingsThe Supreme Court has significantly broadened presidential authority, allowing presidents to dismiss heads of independent federal agencies ...
DGFT extends enhanced export insurance cover for West Asia shipments till September 30Indian exporters shipping to West Asia will benefit from extended enhanced insurance cover against payment defaults until September 30, 202...
Microfinance institutions' portfolio quality up in May; West Bengal, MP, Rajasthan laggards: ReportMicrofinance asset quality saw a positive shift in May, with loan defaults declining nationwide. However, West Bengal, Rajasthan, and Madhy...
US Supreme Court nears the end of its term with momentous cases about Trump's power to be decidedThe Supreme Court is concluding a term dominated by President Trump's assertions of executive authority. Key decisions this week involve bi...
As Supreme Court's term nears its end, three major Trump rulings dueThe U.S. Supreme Court is nearing the end of its term with crucial decisions pending. Key cases involve President Trump's authority to fire...
Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
Dollar declines for second straight day but set for weekly gainThe dollar dipped for a second day as easing inflation and falling oil prices tempered expectations for Federal Reserve rate hikes. Despite...
Gold heads for fourth weekly loss amid Fed rate hike expectationsGold prices are facing a significant downturn, nearing a fourth consecutive weekly loss, as a robust US dollar and anticipated aggressive i...
'Growth momentum solid,' IMF says, backing Fed's wait-and-see approachThe U.S. economy is showing robust growth, with first-quarter GDP revised upwards to 2.1%. The International Monetary Fund anticipates infl...
US Stocks | Nasdaq futures surge 2% as chip outlook calms AI jitters; inflation data awaitedIndian markets are set for a positive opening as US futures surged, led by a 2.24% jump in the Nasdaq. Memory chip giants Micron and Qualco...
Vedanta, NALCO, Hindustan Zinc shares fall up to 3% as silver, aluminium, other metal prices tumble. Here's whyMetal stocks including Vedanta, NALCO and Hindustan Zinc fell up to 3% as global metal prices declined sharply. A stronger US dollar, easin...
U. S Stock Market today: Alphabet stock price up, Micron Technology, Sandisk, Cerebras Systems share prices jump, FedEx shares drop. Top stocks to follow on Wednesday at Wall StreetU.S. Stock Market indexes S&P 500, Nasdaq were set for a positive opening on Wednesday while Dow Jones may witness volatile trading today.
Why Fed's bubble blind spot is cause for anxietyNew Federal Reserve Chair Kevin Warsh may follow Alan Greenspan's approach of not intervening in financial bubbles, a strategy that led to ...
Gold price today drops big. Will gold rate crash continue this week?Gold rate prediction: Traders ratcheted up bets on higher interest rates this year, with an about 68 per cent chance of a September hike, u...
US bond yields back to 'normal'; AI needs a reality check, says Ed YardeniVeteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as healthy market adjustments, not crisi...
Sensex trades on choppy note, Nifty below 24,100 as IT stocks drag benchmarks lowerIndian stock markets saw a subdued trading session on Tuesday, with the Sensex and Nifty experiencing minor dips, primarily due to losses i...
Former US Fed chairman Alan Greenspan passes away at 100Alan Greenspan, former US Federal Reserve chief, has passed away at 100. He steered the American economy through significant events like th...