Powell and other Fed officials have become fans of describing different economic scenarios. 6 min read Last Updated : Aug 23 2024 | 12:59 PM IST...
The Bureau of Labour Statistics has released a revised estimate of U.S. employment, disclosing a drastic decline of 818,000 jobs since the previous report. The new...
Speech from Chair Jerome Powell at Jackson Hole are likely to be the main drivers of currency movement this week. 3 min read Last Updated :...
Democratic presidential nominee Vice President Kamala Harris held a rally in Arizona. (File Photo) 2 min read Last Updated : Aug 11 2024 | 7:12 AM...
Excerpts from recent editorials in the United States and abroad: Editorial Roundup: United States Aug. 2 The Washington Post says high interest rates could be killing...
Companies in the United States and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate...
US stocks snapped higher on Thursday as unemployment data eased recession concerns, while European and Asian equities struggled. First-time claims for unemployment benefits dropped last week...
Stocks closed higher on Wall Street as calm returned to the market a day after its biggest pullback in almost two years. The S&P 500 rose...
Nearly everything on Wall Street is tumbling as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world....
Fears of a US recession are driving global market sell-offs. Equities dropped sharply, the dollar weakened, and bonds and the yen strengthened. ADVERTISEMENT Global financial markets...
Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation. The S&P 500 fell...
A global sell-off in stock markets gathered pace as weak US jobs growth stoked fears about a slowdown in the world’s largest economy. Nasdaq, the tech-heavy...