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ECONOMIC GROWTH IN THE US
Global markets rattled as bond yields surge, offsetting AI-stock optimismGlobal bond market volatility led to declines in stock indexes, with the S&P 500 on track for consistent losses. Oil prices rose, contribut...- US Market: 10-year yield surges to 5.31%, highest since 2007US Treasury yields reached multi-year highs as a historic bond selloff extended into a seventh session. The 10-year yield touched 5.31%, wh...
- US economy second quarter growth: GDP grows 2.2 percent as consumer spending and business investment riseThe US economy grew 2.2 percent in the second quarter from April to June, the Commerce Department announced recently. Consumer spending and...
- US stocks: Nasdaq rises while S&P, Dow dip as softer inflation cools Fed hike betsOn Wednesday, inflation data led to mixed market movements, with the Nasdaq increasing slightly. The Dow and S&P 500 faced declines, althou...
- US yields pull back as rate hike bets ease after inflation dataYields on 2-year and 10-year US Treasuries fell due to lower-than-expected inflation data. The Personal Consumption Expenditures Price Inde...
- US economy picks up pace, grows 2.2% as consumer spending, AI investment surgeThe US economy grew at a 2.2% annual pace in the second quarter, up from the government’s earlier 1.5% estimate, as consumer spending and b...
- Global Market: Euro under pressure from energy shock and political risksThe euro has fallen nearly 2% in September as energy prices, political uncertainty and a stronger dollar weigh on the currency. Concerns ov...
- TCS, Wipro, other IT stocks rebound up to 6%, snapping 8-day losing streak. Why is Jefferies cautious?IT stocks rebounded on Wednesday, with TCS, Wipro and Coforge snapping an eight-session losing streak. The Nifty IT index rose nearly 3%, a...
- US Market: Fed’s Barr backs further rate hikes as inflation risks remain elevatedFederal Reserve Governor Michael Barr said elevated energy prices and AI-driven investment are complicating progress toward the 2% inflatio...
- Global Market: Yuan heads for seventh straight quarterly gains as exporters boost dollar salesChina’s yuan strengthened against the dollar, heading for its seventh straight quarterly gain, supported by exporter dollar selling, strong...
- India’s Decisive Decade: 7 Business trends every CEO should watchIndia's business landscape is changing quickly, with AI, manufacturing, services, cybersecurity and new markets creating fresh opportunitie...
- US job openings slipped to 7.1 million in August but labour market remains sturdyUS employers posted fewer job vacancies in August, but the broader American labour market remains resilient against price shocks caused by ...
- Global Market: ECB's Lagarde says eurozone inflation has yet to trigger second-round effectsEuropean Central Bank President Christine Lagarde highlighted rising Eurozone inflation linked to increased energy prices. While inflation ...
- Why are US bond yields rising? 30-year Treasury hits its highest level since 2004, but what does it mean for household budgets?The US bond market is executing a severe repricing of the cost of money. On Thursday, the 30-year Treasury yield reached 5.48%, a peak unse...
- US hiring appetite is healthy as economy powers aheadThe labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the u...
- Pandas then, pandas now: Trump and Xi are well past Nixon-era magicDonald Trump and Xi Jinping recently met in Washington to symbolize cooperation in US-China relations. The summit featured the announcement...
- US, India should intensify efforts to conclude "historic" trade deal, lower tariffs: USIBC President Atul KeshapThe US-India Business Council has urged both governments to finalize a trade agreement that reduces tariffs. Ambassador Atul Keshap emphasi...
- AI may transform economies, but US-China rivalry makes slowing it down unlikelyAI's rapid advancement poses challenges, as concerns from key stakeholders highlight potential risks to humanity. Political leaders in the ...
- Fed Governor Michael Barr signals more rate hikes needed to tame inflationFederal Reserve Governor Michael Barr announced that additional rate hikes may be necessary to manage inflation. He indicated that while ec...
- Beyond product-market fit: The real challenges of scaling a startupProduct-market fit can prove that a startup has found demand. Scaling it successfully requires a different set of decisions around people, ...
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