The global sell-off on stock markets deepened as US jobless figures hit a three-year high. The unemployment rate rose to 4.3%, up from 4.1% and its...
(Bloomberg) — The selloff in stocks intensified and bond yields plunged after a weak jobs report fueled worries the Federal Reserve has been too slow to...
U.S. business activity climbed to a 27-month high in July, but firms appeared to have some difficulty sustaining higher prices for their goods and services amid...
Even as inflation slows, though, the costs of food, rent, health care and other necessities remain much higher than they were before the pandemic | Photo:...
AP | | Posted by Tuhin Das Mahapatra Jul 11, 2024 06:24 PM IST US inflation rates have dropped to 3%, the lowest in four decades,...
U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates intended to cool the labor market. Vacancies rose from...
In the face of calls around the world to diversify out of the dollar in recent years, the US has nabbed almost one-third of all the...
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected...
Stock markets surged Wednesday after data showed US inflation slowed in May, raising hopes the Federal Reserve will cut interest rates later this year. Wall Street’s...
The future for the S&P 500 shed 0.1 per cent and that for the Dow Jones Industrial Average was down 0.2 per cent. (Representational Image) 4 min read Last...
The United States is merrily chipping away at the pillars that hold up the dollar as the world’s reserve currency, with the latest blows coming from...
European shares opened higher on Wednesday, mirroring global sentiment as a soft U.S. labour market data firmed bets of a rate cut from the Federal Reserve,...