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US RECESSION INFLATION NEWS
Charting the Global Economy: US hiring slows, eurozone CPI coolsIn Asia, Japan's economy is nearing a post-war growth record, buoyed by AI-driven exports, though some Chinese fund managers warn of an AI ...
As food inflation bites, Nestle turns to smaller cities to drive growthNestle India is strategically focusing on tier-2 and tier-3 markets for growth, anticipating rising consumption in these areas. Despite fac...
Holiday Halt: NYSE, Nasdaq to remain closed today for Independence Day holidayUS financial markets observed a closure on Friday, July 3, in commemoration of Independence Day, as the holiday fell on a Saturday. Trading...
US Stock market: Fed's Daly says AI, inflation uncertainty clouds interest rate outlookSan Francisco Fed President Mary Daly highlighted that US monetary policy remains slightly restrictive, but the economic outlook is increas...
US Stock Market: Soft US jobs data eases Fed rate fears, lifts market sentimentA recent U.S. jobs report, showing slower-than-expected growth and downward revisions, has eased investor fears of persistent inflation and...
US stocks today: US stocks rise as softer jobs data calms rate-hike fearsUS markets climbed after June hiring slowed more than expected, easing fears of further Fed tightening. The data pointed to a cooling but r...
US hiring falls to just 57,000 in June amid elevated inflation, global turmoilUS employers significantly slowed hiring last month, adding just 57,000 jobs, a stark contrast to previous months. This cautious approach s...
Fed can afford to stay patient as inflation risks ease: Steve EnglanderThe Federal Reserve is unlikely to alter interest rates soon, as inflation moderates and the economy remains stable, according to Steve Eng...
Global Market Today: Asian stocks fall on Korean chip selloff, oil dipsAsian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also sur...
India's premium has almost entirely disappeared now: Ben Powell, BlackRockBlackRock's Ben Powell is increasingly optimistic about Indian equities following a period of underperformance. He believes foreign investo...
US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisionsFederal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite...
US stocks today: S&P 500, Nasdaq edge lower as tech shares slideUS stocks ended slightly lower as weakness in technology and semiconductor shares weighed on sentiment, even as Meta rose after reports of ...
WhatsApp usernames face heat; Byju’s inventory in limboIndia is weighing legal guardrails for WhatsApp usernames amid fresh fraud fears. This and more in today’s ETtech Top 5.
European markets ride oil tailwinds, but can they challenge Wall Street’s tech supremacy?European equities are rallying as lower crude prices following the Iran ceasefire improve the region’s near-term outlook, easing inflation ...
US Stock Market: US Supreme Court shields Fed independence, but leaves central bank more isolatedThe US Supreme Court has reaffirmed the Federal Reserve’s independence by blocking attempts to allow presidential removal of its governors ...
Goldman backs India 30-year bonds as Iran war impact containedGoldman Sachs has recommended buying India's 30-year government bonds, citing easing inflation expectations, lower oil prices and reduced f...
Euro zone 10-year yields near three-month lows at start of busy weekBond yields in the Euro zone are at their lowest since early March, a welcome development for central bankers meeting at the ECB's Sintra F...
Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlookIndian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech's AI spending concerns, the Dow edged higher....
'Growth momentum solid,' IMF says, backing Fed's wait-and-see approachThe U.S. economy is showing robust growth, with first-quarter GDP revised upwards to 2.1%. The International Monetary Fund anticipates infl...