Israel cuts fuel tax as US-Iran conflict pushes up gasoline pricesIsrael's finance minister ordered a fuel excise tax cut for two months. This action addresses the recent surge in gasoline prices across th...
Ahead of Market: 10 things that will decide stock market action on MondayIndian benchmark indices ended slightly higher on Friday, with the Sensex rising 363 points and Nifty closing below 23,898. Investors monit...
US stocks today: S&P 500 rise as Fed's Waller signals openness to holding rates steadyUS stocks traded higher as Fed Governor Christopher Waller said he could support holding interest rates steady if inflation continues to co...
- Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him
President Trump voiced his dissatisfaction regarding the state of the economy, attributing inflation and financial difficulties to both mar...
Bitcoin trades at $79,000, next week’s US inflation data to test rate-cut hopes and crypto valuationsBitcoin hovered near $79,000 as investors awaited US inflation data for clues on Federal Reserve policy. Softer inflation could revive rate...
US Treasury Secretary Scott Bessent sees crude oil as low as $40 post-Iran war, lower bond yieldsTreasury Secretary Scott Bessent anticipates oil prices will fall significantly after the Iran conflict concludes. He expects crude oil to ...
European shares log weekly losses on inflation worries; Volkswagen jumpsEuropean markets wrapped up the week with a dip, influenced by ongoing Middle East tensions and persistent inflation apprehensions. A posit...
US stocks today: US stocks end lower as solid jobs data fuels hawkish Fed betsWall Street closed lower on Friday as a stronger-than-expected US jobs report lifted expectations of a Federal Reserve rate hike this month...
US stocks today: S&P 500, Dow stocks slip as stronger jobs report lifts rate-hike betsUS stocks slipped after a stronger-than-expected August jobs report boosted bets on a Fed rate hike in September. The S&P 500 and Dow fell,...
Donald Trump threatens trade halt over high interest rates, demands Fed rate cutPresident Donald Trump stated he would halt trade with deficit nations. He demands the Federal Reserve lower interest rates immediately. Hi...
US Fed rate cut bets fall below 50% after Governor Chris Waller’s comments. What did he say?Expectations of a US Federal Reserve rate cut at its September 16 meeting have weakened sharply, with traders now pricing in less than a 50...
US Market: Rising R-star adds to pressure on US Treasury yields as AI investment, borrowing lift demand for capitalUS Treasury yields are rising partly on expectations that R-star, the economy’s neutral interest rate, may be structurally higher. Heavy go...
Tyson Foods cuts annual profit forecast again as beef pressure drains marginsTyson Foods has revised down its profit and sales targets for fiscal 2026 due to rising challenges within the beef segment. The company ant...
Trump’s second-term policies put US finances under growing strain as debt tops $40 trillionDuring President Trump's presidency, the national debt of the U.S. has ballooned to over forty trillion dollars. Federal expenditures are o...
Kevin Warsh's Jackson Hole encore may put Trump's inflation record under a microscopeFed Chairman Kevin Warsh must decide on interest rate hikes soon. His actions will be closely watched by the public and investors. Investor...
Trump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs riseUS debt: While voters may not focus on the issue until the country's fiscal problems translate into benefit cuts or tax hikes, the fallout ...
Indian banks slash FCNR deposit rates by up to 310 basis pointsIndian banks have lowered interest rates on foreign-currency deposits significantly. This action follows the closure of the Reserve Bank of...