L&T, Infosys stocks lift Sensex over 200 points higher, Nifty tops 23,300
Indian benchmark indices, Sensex and Nifty50, opened higher for the fourth consecutive day, driven by gains in L&T and IT ...
U.S. Treasury withdraws from global financial climate coalition
The U.S. Treasury on Thursday said it was withdrawing from the network of central banks and regulators focused on curbing ...
Asia stocks ease; dollar, gold firms as tariff threat lingers
Asian shares wavered on Friday, weighed down by the return of tech-heavy South Korean stocks from holidays, but relatively ...
Falling behind: three reasons why the RBA will sit on its hands
Economists and analysts are getting excited about a rate cut but inflation risks, and lack of any credible economic agenda, ...
Yen Set for Best January in Seven Years as Rates Path Diverge
In Japan, the yen was last a touch stronger at 154.19 per dollar, having already climbed more than 1% for the week thus far.
GDP Prints At Just 2.3%; 40 Bps Below Expectations
GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on ...
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The legal problems with Trump’s spending freeze maneuvers
A wide-ranging pause on agency funds and grants remains on ice — even after the White House rescinded a contested OMB memo ...
Gold vs. Treasury bonds: Where should investors turn next?
Both gold and Treasury bonds offer unique advantages, experts say — but one may be better than the other in 2025.
Fed Stands Pat on Rates, Entering New Wait-and-See Phase
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
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U.S. economy wraps 2024 on solid footing with 2.3% growth rate
The U.S. economy grew at a 2.3% annualized rate in the final three months of 2024, the Commerce Department said on Thursday — ...
Fed hold rates steady, sees inflation as ‘elevated’; Powell declines comment on Trump
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.