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Daylight saving time: These US states have laws ready to end a World War 2 practice but Congress just can't make up its mindNineteen U.S. states have adopted laws supporting year-round daylight saving time, pending Congressional approval. The proposed Sunshine Pr...- Rupee slips as dollar gets Fed hike expectations tailwindOn September 23, the Indian rupee ended weaker at 95.74 against the dollar amid global financial trends. Expectations of further US Federal...
- US Market: Fed’s Collins backs rate hike, flags persistent inflation risksBoston Fed President Susan Collins backed the Fed’s recent rate hike, citing persistent inflation risks and arguing that a somewhat more re...
- Global Market: Fed's Jefferson says lending facility improvements support market liquidityFederal Reserve Vice Chair Philip Jefferson said recent improvements to the discount window have made emergency borrowing easier, faster an...
- Dollar holds near 2-month high as markets weigh rate hikes, Iran diplomacyThe dollar stands firm near a two-month high, driven by projections of interest rate hikes. In contrast, oil prices are retreating as optim...
- New York Fed's John Williams defends 'balance-sheet framework' amid policy reviewIn a recent statement, John Williams, the New York Federal Reserve President, reaffirmed the robustness of the central bank's monetary poli...
- SpaceX moves closer to securing 700 acres of Texas wildlife refuge land after judge clears swapA federal judge refused to block SpaceX's land swap deal in Texas. Environmental groups are vowing to continue their legal challenge agains...
- Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burdenChicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a mo...
- US Market: Equity funds see fourth straight week of outflows as oil, rate hike concerns mountUS equity funds saw a fourth consecutive week of outflows as rising oil prices, inflation concerns and expectations of further Federal Rese...
- US Fed, BoE step up scrutiny of bank exposure to trading firms after Jane Street loss: ReportGlobal banks face inquiries from central banks regarding trading firm exposures. The Bank of England and Federal Reserve seek details on ri...
- US economy enters higher-rate era as inflation, AI boom persistThe US economy may be entering a prolonged period of higher interest rates as persistent inflation, government borrowing and massive AI inf...
- Charting the global economy: Fed officials raise interest ratesThat marks the shortest interval between such moves since 1990, when the central bank’s rapid policy tightening played a key role in bursti...
- West Asia crisis: National Highways Builders Federation seeks 3-month extension of road relief measuresNHBF has sought a three-month extension of relief measures until December, citing continued West Asia crisis-related volatility in fuel, lo...
- Fed review finds supervisory delays contributed to Silicon Valley Bank failureFederal Reserve supervisors knew of Silicon Valley Bank's weaknesses early. Action was delayed despite identified vulnerabilities in the ba...
- US Federal Reserve's Michelle Bowman says changes to bank stress test coming soonThe Federal Reserve will soon vote on revamped bank stress tests. These changes aim for greater transparency and predictability for lenders...
- Kevin Warsh-led Federal Reserve starts US war on inflationThe US Federal Reserve increased interest rates, signaling a global effort to control rising inflation. Other central banks will likely fol...
- US Market: Fed's Warsh points to AI investment, geopolitical risks for higher yieldsFederal Reserve Chair Kevin Warsh said rising bond yields reflect economic strength, heavy capital investment in AI and data centers, and g...
- US-Canada trade war heats up: Trump signs memo to exclude Canadian products from federal procurementUS President Donald Trump has directed his administration to identify and remove Canadian-origin goods from the US federal civil procuremen...
- Fed raises rates despite Trump pressure, signals another hike likely in 2026In a bid to tackle ongoing inflation, the US Federal Reserve has raised interest rates by twenty-five basis points. Policymakers are predic...
- US Fed chair Kevin Warsh explains why the Federal Reserve raised interest ratesThe Federal Reserve increased interest rates by 0.25 percent. This action was driven by a strengthening US economy and rising inflation. Do...
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