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    Fed Reserve chief Powell promises rate cut

    Fed Reserve chief Powell promises rate cut

    24 Aug 2024

    The US Federal Reserve Chairman Jerome Powell spoke at last at Jackson Hole on Friday what everyone was waiting to hear. Powell said, “The time has come for policy to...

    US consumer inflation records smallest annual rise since 2021

    US consumer inflation records smallest annual rise since 2021

    14 Aug 2024

    US consumer inflation eased slightly in July, according to government data published on Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve...

    By refusing to buy, US consumers rein in inflation

    By refusing to buy, US consumers rein in inflation

    13 Aug 2024

    Even as the US Fed Reserve has been fighting the demon of inflation in the world’s largest economy by keeping the interest rates at an elevate level, the ordinary...

    Stock traders face dip-buying dilemma after crushing selloff

    Stock traders face dip-buying dilemma after crushing selloff

    04 Aug 2024

    A selloff that rocked equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries over the US economy and disappointing...

    Australia inflation slows enough for markets to rule out rate rise

    Australia inflation slows enough for markets to rule out rate rise

    31 Jul 2024

    Australian consumer price inflation accelerated in the June quarter but a downside surprise in core inflation led markets to abandon all thought of further rate hikes and wager on...

    Global market slide as global tech outage rattles investors

    Global market slide as global tech outage rattles investors

    19 Jul 2024

    Stock markets slid on Friday after computer systems crashed worldwide, with sentiment also hit by US election uncertainty and Chinese economic worries. The London Stock Exchange saw a delayed start...

    Soaring grocery prices are matter of serious concern

    Soaring grocery prices are matter of serious concern

    19 Jul 2024

    Since the pandemic, going to the grocery store has become a jarring experience. On a recent visit, I packed my purchased items into my tote bag and then gawked...

    British inflation pressures stay hot, reducing chance of August rate cut

    British inflation pressures stay hot, reducing chance of August rate cut

    17 Jul 2024

    British inflation defied forecasts for a slight fall and held at 2 per cent in June while strong underlying price pressures prompted investors to reduce bets that the Bank...

    Goldman Sachs profit beats expectation in second quarter

    Goldman Sachs profit beats expectation in second quarter

    15 Jul 2024

    Goldman Sachs’ profit more than doubled in the second quarter and beat analysts’ estimates on strong debt underwriting and fixed-income trading, but slipped from a bumper first quarter when earnings...

    India’s retail inflation rate rises for the first time in 5 months in June

    India’s retail inflation rate rises for the first time in 5 months in June

    13 Jul 2024

    India’s retail inflation rate rose for the first time in five months in June due to a sharp rise in food prices, government data showed on Friday. Annual retail inflation...

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