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US stocks today: US stocks end modestly higher as AI zeal overcomes Middle East jittersUS stocks ended mixed as AI-driven optimism supported markets but was offset by rising geopolitical tensions and oil prices. Small-cap and ...- Putting the Bekaart before AI's racehorse: How widespread adoption of the tech can fill the nation with Kantian roachesArtificial intelligence adoption threatens widespread job losses, wihch could devalue human work and necessitate government income support....
- Wall Street Week Ahead: Jobs report on tap for soaring US stocks as rate path, bond yields eyed as risksIndian markets are watching US economic indicators next week. Investors are concerned about rising inflation and potential interest rate hi...
- US jobless aid filings fell to 209,000 last week as layoffs remain low despite economic uncertaintyJobless claims saw a dip last week, indicating continued low layoffs. However, the economy faces significant challenges. The Iran war has d...
- New era begins: Warsh steps into Fed role; Prepares for inflation battle and potential rate hikesKevin Warsh assumes leadership of the U.S. Federal Reserve. This marks a new chapter for the central bank and President Trump. Warsh faces ...
- US Fed likely to hold rates through 2026 as inflation risks overshadow labour market weakness: ReportThe US Federal Reserve is likely to drop its easing bias at the next FOMC meeting and shift toward a tightening stance through 2026, with a...
- Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
- Warsh clinches Senate approval to be Fed's next chair as inflation intensifiesIn a pivotal moment for the economy, the US Senate has officially confirmed Kevin Warsh as the chair of the Federal Reserve, just as inflat...
- India to use AI to protect consumers from money mule banking cyber fraud, announces Home Minister Amit ShahIndia will now use Artificial Intelligence to fight money mule banking cyber fraud. The Home Minister announced a partnership between the I...
- US Workers’ paychecks lose buying power for first time since 2022: What is crushing middle-class Americans despite rising wages and bigger paychecks running higher?US inflation rose to 3.8% in April. That is the highest level since May 2023. American workers are now losing buying power again as rising ...
- US Stock Market: Fed officials warn Iran War could trigger prolonged inflation shockFederal Reserve officials are increasingly concerned that the U.S.-backed war with Iran is fueling a prolonged inflation shock. Elevated oi...
- Kevin Warsh at Fed may not deliver big policy shift, no quick rate cutsPresident Trump expects new Federal Reserve chair Kevin Warsh to cut interest rates. However, Warsh faces challenges like rising inflation ...
- What’s happening with mortgage rate right now— should you lock before the April Fed meeting or wait for lower home loan rates?Mortgage rates today are hovering near 6.3%. That is a sharp jump from around 5.7% just weeks ago. The market is moving fast. Buyers are fe...
- West Asia war: Morbi-Thangadh ceramic clusters gasp for gas, units shut, losses mountSince the beginning of the war, these two clusters are struggling due to a shortage of propane, with many units closing shops.
- US jobless aid filings fall to 202,000 as layoffs remain low despite uncertainty of Iran warJobless claims in the U.S. decreased last week. Layoffs remain low even as the job market cools and energy prices climb due to the Iran war...
- US Fed expected to hold rates steady as Iran war roils outlookUS Federal Reserve policymakers are expected to leave interest rates unchanged at their meeting next week, as the US-Israel war on Iran sen...
- China's premier Li Qiang says economic growth is accelerating and the country can hit its 5% target this yearThe world's second-largest economy rebounded from 2022's unusually weak 3 per cent growth following the end of anti-virus controls on trave...
- Mideast debt, unemployment to spike in virus recession: IMF"The COVID-19 pandemic and the plunge in oil prices are causing significant economic turmoil in the region ... the impact could be long las...
- British jobless jump by another 49,000The number of unemployed people in Britain jumped by 49,000 in the three months to November, official data showed on Wednesday, pushing the...
- US unemployment spike sends stocks into reverseAn unexpected increase in the US unemployment rate in November sent stocks into reverse Friday.
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