[ad_1] Wall Street investors would have plenty of economic data to analyse in the week ahead. A key inflation – Federal Reserve-preferred Personal Consumption Expenditures (PCE) price index, flash PMI readings from the S&P, personal income and spending data, among other economic reports will be released. On Wednesday, the US central bank kept its interest…
[ad_1] ORLANDO, Florida, March 20 (Reuters) – TRADING DAY Post-Fed rally fades, global caution mounts U.S. markets struggled for clear direction on Thursday, as investors cooled some of their optimism around Federal Reserve Chair Jerome Powell’s view that the economy is in good shape and tariff-related price rises will be transitory. Wall Street’s bullish momentum…
[ad_1] At the World Bank, he installed David Malpass but otherwise left the institution untouched. He kept David Lipton, an advisor to Democrats, in place as the IMF’s number two official, an appointment that is traditionally the prerogative of US presidents. Also Read: Data at threat: The Trump administration’s war on statistics won’t end we…
[ad_1] (Bloomberg) — Voters are starting to sour on the state of the US economy even as the start of President Donald Trump’s second term has boosted positivity about the nation as a whole, an NBC News poll shows. A majority of voters say they have negative views of Elon Musk, the billionaire Trump adviser…
[ad_1] Shaktikanta Das, who recently retired as Reserve Bank of India (RBI) governor, was appointed as a principal secretary to the Prime Minister, making him the second most important government bureaucrat in the country. Just as retired judges taking up political appointments is perceived as undermining judicial independence, post-retirement appointments of central bank governors could…
[ad_1] By Chibuike Oguh and Yadarisa Shabong NEW YORK (Reuters) -The U.S. dollar edged higher against major currencies including the yen and the euro on Wednesday as data showed a slowdown in inflation although simmering trade tensions will continue to weigh on markets. A trade brinkmanship between the U.S. and its trading partners, spurred by…
[ad_1] Income distribution has evolved over time, with the bottom 60% of India’s population witnessing an increase in their income share from 27% in 2004-05 to 32% in 2015-16, signalling better economic inclusion. However, this progress was disrupted during the pandemic, with their share dropping to 23% in 2020-21 before recovering to 31% in 2022-23….
[ad_1] US stock indices fell on Monday as President Donald Trump’s comments over the weekend stoked fears that a trade war could spark an economic recession. At 09:50 a.m. ET the Dow Jones Industrial Average fell 307.75 points, or 0.72%, to 42,492.47, the S&P 500 lost 74.89 points, or 1.30%, to 5,695.31, and the Nasdaq…
[ad_1] US equities were muted on Wednesday, after a jobs report fanned concerns of a slowing economy. At the opening bell, the Dow Jones Industrial Average fell 2.6 points, or 0.01%, to 42,518.37. The S&P 500 rose 3.2 points, or 0.06%, to 5,781.36​, while the Nasdaq Composite rose 27.8 points, or 0.15%, to 18,312.965. US…
[ad_1] US stock indices opened higher on Monday, ahead of President Donald Trump’s latest deadline on tariffs on top trade partners. At the opening bell, the Dow Jones Industrial Average rose 59.6 points, or 0.14 per cent, to 43,900.49. The S&P 500 rose 13.8 points, or 0.23 per cent, to 5,968.33​, while the Nasdaq Composite…
