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LARGER STIMULUS DEAL
Charting the Global Economy: Factory activity sags on inflationGlobal economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crun...- IMF cuts global growth outlook for 2026, warns of potential recession if Iran war worsensThe International Monetary Fund has cut its global growth outlook, warning the economy could near recession if the Middle East conflict kee...
- Doritos at $7 a bag ended up costing PepsiCo billionsIn an unexpected twist, Frito-Lay, a subsidiary of PepsiCo, is slashing prices by as much as 15% on beloved snacks like Doritos and Cheetos...
- ‘Very Large Refunds’ coming: $150 billion headed to Americans — what to do nowMore than $150 billion in tax refunds could reach Americans in early 2026, making “Scott Bessent very large refunds” a major trending searc...
- India to log 'one of highest growth rates' with support to vulnerable sectors, says economist Ashima GoyalGoyal, who is also a member of the Monetary Policy Committee (MPC) of the RBI, in an interview to said monetary-fiscal coordination has wor...
- Donald Trump talks up bigger COVID-19 stimulus deal as election clock ticksU.S. President Donald Trump said he is willing to raise his offer of $1.8 trillion for a COVID-19 relief package to get a deal with House o...
- US bank stocks are fine, if you are rich in patienceBanks have been such a drag on the broader S&P financial index that its 19% year-to-date decline is second only to energy's 49.9% drop amon...
- Dollar dips on stimulus optimism, bets on Biden victoryThe dollar index against a basket of major currencies fell 0.34% to 93.23, the lowest since September 21. It has held within a range from 9...
- Gold firms on weaker dollar, US stimulus hopesSpot gold rose 0.3% to $1,892.01 per ounce by 0727 GMT. U.S. gold futures were up 0.3% at $1,896.
- Oil rises above $43 on supply losses, US stimulus hopesOil and gas workers have withdrawn from offshore U.S. Gulf production facilities as Hurricane Delta was forecast to intensify into a powerf...
- Dollar higher as markets wait on stimulus newsThe dollar index gained 0.12% against a basket of major currencies to 93.73. It has fallen from a two-month high of 94.75 on Sept. 25.
- Oil falls on US stimulus impasse and US stockpiles"Trump pulling out of relief negotiations generates a lot of uncertainty about the economy ... we also didn't get a constructive set of dat...
- Oil prices slide as Trump cancels aid talks, US crude stocks expandU.S. West Texas Intermediate (WTI) crude oil futures fell 87 cents, or 2.1%, to $39.80 a barrel by 0104 GMT while Brent crude futures fell ...
- USA: Democrats crafting new $2.4 trillion stimulus bill to spur negotiationsPelosi and treasury secretary Steven Mnuchin both raised the prospect of resuming negotiations onany indication that they’ve moved closer t...
- Printing money is better than borrowing at high costs: Pronab Sen, director of International Growth Centre India"If the stimulus is larger, you will pay a high interest cost, and you are better off printing more money."
- Australia shares end near 3-month high as investors eye recoveryThe S&P/ASX 200 rose 1.8 per cent to 5,941.60, gaining for a third straight session.
- Medicare payments from stimulus to go out soonPresident Barack Obama promised quick help for strapped Medicaid programs Monday amid a gathering of advisers and adversaries to discuss ke...
- October budget deficit hits record of $237.2 bnThe federal government began the new budget year with a record deficit of $237.2 billion, reflecting the billions of dollars the government...
- US October budget deficit hits record of $237.2 bnThe federal government began the new budget year with a record deficit of $237.2 billion, reflecting the billions of dollars the government...
- Proposed mortgage plan could aid marketsA component of the government's tentative economic stimulus package announced Thursday would give an immediate lift to buyers and sellers i...
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