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US 30-year Treasury yield tops 5.6%, reaching highest level since 2002Yields on the 30-year US Treasury bond have risen to levels not seen since 2002. This increase is part of a prolonged selloff in the global...
Quote of the day by Irving Fisher: "A chief cause of crises, panics, runs on banks, etc., is that risks are not independently reckoned, but are a mere matter of imitation. A crisis is a time of general and forced liquidation"Economist Irving Fisher warned that investors copying one another can amplify financial risks. Rising optimism can fuel credit and asset pr...
M.F. Husain’s Red Girl sold for ₹65 Crore: He painted it in 1952, 74 years later the artwork fetched nearly 13 times its estimate; why is this painting worth so much?In a landmark moment for the art world, M.F. Husain's iconic 1952 piece, The Red Girl, fetched an astonishing ₹65 crore at Pundole's auctio...
Oil Price Today (September 29): Crude oil rises to $107 as US-Iran deal stalemate ups supply fears. $120 in sight?Brent crude futures were up $1.65, or 1.57%, at $107 a barrel, while US West Texas Intermediate crude rose $1.29, or 1.40%, to $94 a barrel.
Rupee slips toward 96 vs US dollar as crude, yields and stocks weigh on currencyThe rupee weakened 0.2% to 95.9825 against the dollar, pressured by surging crude oil prices, US bond yields and a sharp equity sell-off. R...
High airfares could stick around even if jet fuel prices fallUS airfares could remain elevated even if jet fuel prices fall, as airlines adjust schedules and ticket prices only gradually after sharp s...
US rejected Iran's Hormuz proposal over "billions in frozen assets" demand: Ambassador to UN Mike WaltzThe United States has rejected Iran's proposal to reopen the Strait of Hormuz due to conditional demands. Iranian Foreign Minister Seyyed A...
Trump says US will ‘win’ Iran war soon, leaves door open to strikes before midtermsPresident Donald Trump is optimistic that the ongoing conflict with Iran will come to a swift conclusion. He indicated that the resolution ...
Bitcoin Price Today: BTC rate jumps on Saturday, September 26, Cryptocurrency experts predict new highBitcoin ( BTC ) Price Today Sept 26: Bitcoin exchange-traded funds, which have institutional as well as retail investors, have also shown s...
F&O Talk: 23,270 is a key Nifty hurdle; Sudeep Shah picks 5 stocks, discusses PB Fintech, Turtlemint strategyNifty ended at 23,140.50 after an eighth consecutive weekly decline, with technical indicators remaining bearish. Analysts identify 23,300 ...
Oil prices slide about 2% as US, Iran explore path out of warOil prices have dropped roughly 2%, influenced by signs of diplomatic advancement between the US and Iran concerning the Strait of Hormuz. ...
Oil prices fall as markets look to Iran truce, but remain wary of attacks on oil facilitiesOn Friday, oil prices took a small dip after a week marked by fluctuations. Brent crude prices lowered to $105.85 per barrel, while West Te...
Bitcoin is down 55% from its peak - here's why Tom Lee predicts crypto bull run as $15.6 billion options expiry loomsBitcoin has fallen below $84,000 even as Fundstrat’s Tom Lee says the crypto bull market is underway. With $15.6 billion in Bitcoin options...
Rupee falls 22 paise as crude, dollar demand riseThe rupee weakened 22 paise to 95.96 per dollar as strong importer demand, rising crude prices and global bond yields pressured the currenc...
What Bitcoin’s $16 billion options expiry means for investorsAhead of the $16 billion Bitcoin options expiry on September 25, low price volatility reflects dealer hedging and positive gamma rather tha...
In 2012, Bank of America acquired a 20,900-square-foot Houston mansion through foreclosure for $2.12 million; 13 years later, after $14 million in renovations, it sold for up to $9 millionIn 2012, Bank of America picked up a 20,900-square-foot Houston mansion through foreclosure. The price was $2.12 million. That works out to...
US 30-year mortgage rate tops 7%, hits 2-year highThe average 30-year mortgage rate reached 7.12%, its highest since May 2024, marking a significant increase. This rise follows the recent F...
UK business activity cools as inflation pressure ramps up, PMI showsBritish business activity growth has slowed this month amidst pressures of inflation, showed a S&P Global survey on Wednesday. Prices charg...
Gold ticks up on easing Treasury yields, but rate outlook weighsGold prices saw a slight increase on Tuesday as US Treasury yields eased. Higher interest rate expectations, however, capped the precious m...
Iran warns against new escalation by US and alliesIran has issued a stark warning of severe retaliation aimed at the United States and its allies, claiming to have intelligence about an imp...