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US Midterm elections, Apple earnings, jobs data to test Wall Street after AI routWall Street faces a pivotal week as US midterm elections, major corporate earnings and October jobs data test investor sentiment. Recent AI...
India’s consumers are back, its stocks aren’t: Srinivasan SivabalanAmid the vibrant festive season in India, consumer demand is soaring, prompting businesses to boost sales and raise prices accordingly. How...
Festive spending drives record UPI transactions in OctoberUPI processed transactions worth Rs 31.53 lakh crore during the month, a 16% rise from a year earlier and the highest on record, signalling...
Black Friday 2026: Could buy now, pay later offers leave shoppers facing a bigger financial headache after the holidays?Black Friday shopping can lead to manageable but potentially harmful financial consequences for consumers, particularly with buy now, pay l...
Wall Street tech rout deepens on doubts over AI spendingMajor US tech stocks have taken a hit as investors react to underwhelming earnings and worries about AI spending. Giants like Microsoft, Am...
Tricky trickle-downA billionaire attempted to demonstrate trickle-down economics by pouring champagne from his mansion's roof. However, the champagne did not ...
45.6% of Indian households use digital channels for at least one purchase: ReportAround 45.6 percent of Indian households currently utilize online shopping and digital payments for various purchases. Despite this growth,...
Global Market: Bank of Japan achieves 2% inflation target after 13 yearsThe Bank of Japan declared its long-standing 2% inflation target achieved after more than 13 years, but kept its benchmark interest rate un...
Amazon projects fourth quarter sales below estimatesIt expects revenue of between $240.0 billion and $247.0 billion in the fourth quarter, compared with analysts' average estimate of $244.51 ...
US inflation heats up in September; consumer spending risesIn September, the US experienced a notable rise in inflation, driven by surging gasoline prices and other consumer goods. The Personal Cons...
US economy grows faster than expected at 3.4% in Q3 on consumer spending, AI boomThe US economy grew at a faster-than-expected 3.4% annualised rate in the third quarter, driven by resilient consumer spending and AI-relat...
Fed holds rates, says data will guide next moveIn their latest meeting, Federal Reserve officials decided to keep interest rates steady, reflecting a measured approach towards inflation ...
Coca-Cola raises profit forecast as premium drinks, sodas hold strongCoca-Cola has lifted its annual profit forecast, driven by robust demand for a range of beverages, particularly zero-sugar options. The com...
PayPal raises 2026 profit forecast as turnaround gains tractionPayPal has raised its annual profit forecast as a multi-year turnaround begins to take effect. The company anticipates achieving significan...
West Asia crisis so far may cost govt Rs 1.35 lakh crore, spending cuts unlikely: ICRA Chief Economist Aditi NayarThe West Asia crisis may impose a fiscal burden of approximately Rs 1.35 lakh crore on India. Government spending has generally remained be...
The war bump is a false victory for S&P 500 profitsThe commentary argues that strong S&P 500 earnings growth is narrowly concentrated in AI-linked companies and sectors benefiting from the I...
Global luxury goods industry set for recovery in 2027, US to remain bright spot: Goldman SachsThe global luxury goods industry is expected to witness a recovery after several years of sluggish sales performance, with revenues of majo...