News

First Tick: Here are the top global cues for today’s trade
The Foreign institutional investors (FIIs) extended buying on the second day as they bought equities worth Rs 5392 crore on ...
Dollar Tracks Treasury Yields Lower on Benign US Data
The benchmark 10-year U.S. Treasury yield extended its 7 bps drop from overnight and was last a touch lower at 4.4413%. The ...
How The Fed’s Next Move Could Make Or Break Job Prospects For New Grads
As the Federal Reserve signals possible rate cuts, new graduates face a changing job market. Explore how interest rates may ...
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Americans pulled back significantly on spending as higher tariffs took effect in April
In a sign that consumer demand may be fraying around the edges, spending at US retailers slowed sharply in April to 0.1% after a surge of 1.7% in March as shoppers rushed to beat President Donald ...
As the Fed devises its new strategy, Powell sees an economy with ‘more volatile’ inflation
Every five years the Federal Reserve reconsiders its framework for monetary policy. This time it will have to consider ...
Wall Street drifts back within 4% of its record after the S&P 500 notches a 4th straight gain
The Standard and Poor’s 500 rose 0.4%, enough to extend its winning streak to a fourth day and to pull within 3.7% of its all ...
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Fed’s Powell warns the U.S. economy could face persistent supply shocks
Fed Chair Jerome Powell just quietly admitted the economy was entering a period of more frequent and potentially more ...
Wall Street drifts back within 4% of its all-time high as S&P 500 tilts toward a 4th straight gain
U.S. stocks are drifting following mixed reports that shed little clarity on how the U.S. economy is managing through ...
U.S. preparing to relax big-bank capital rules
The Federal Reserve and two other agencies are expected as soon as next month to propose easing requirements for certain ...
Powell warns economy could face more frequent 'supply shocks'
Fed Chair Jerome Powell spoke about how the central bank's monetary policy framework could shift if inflation is more ...
Canadian dollar gains as investors eye Fed easing prospects
The Canadian dollar strengthened against its U.S. counterpart on Thursday as U.S. economic data fueled speculation the ...
Walmart CEO says chain will raise prices due to Trump tariffs that are 'still too high'
During an earnings call Thursday Walmart said it will be forced to raise prices soon even with the reduced tariffs on China ...