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The economy grew at a 3.0 per cent pace in the April-June quarter. | Photo: pexels 1 min read Last Updated : Oct 08 2024 |...
3 min read Last Updated : Oct 04 2024 | 7:38 PM IST U.S. job growth accelerated in September and the unemployment slipped to 4.1%,...
The Federal Reserve recently reversed the direction of US interest rates for the first time since 2022 with a 50 basis point cut. | Representative Photo:...
Powell emphasised that the Fed’s current goal is to support a largely healthy economy and job market, rather than rescue a struggling economy or prevent a...
Progress on housing inflation has been “sluggish,” the Fed chief said. | File Photo 3 min read Last Updated : Sep 30 2024 | 11:44 PM...
When the Federal Reserve delivers a widely-anticipated interest rate cut on Wednesday (September 18, 2024), its first in four years, the move will resonate well beyond...
The current year’s interest costs on public debt topped $1 trillion for the first time. | Photo: pexels 3 min read Last Updated : Sep 12...
The labour is cooling amid a significant moderation in hiring, reducing the risks of inflation reigniting. | Photo: Bloomberg 4 min read Last Updated : Sep...
Kamala Harris slammed Donald Trump for leaving US in a “mess” in a fierce US Presidential debate. Washington: US Vice President and Democrat presidential candidate Kamala...
Financial firm Goldman Sachs has claimed that Vice President Kamala Harris‘s decisive victory in the 2024 election would be the best possible outcome for the US...
6 min read Last Updated : Aug 23 2024 | 11:20 PM IST By Amara Omeokwe and Jonnelle Marte Chair Jerome Powell said the...