Dollar eases from 10-month high NEW YORK: The dollar index eased from a 10-month high on Thursday but remained on track for a weekly gain, and... Published 29 Sep, 2023 06:24am
Markets Moody's warns US government shutdown would be 'credit negative' NEW YORK: A US government shutdown would have negative implications for its credit assessment as it would highlight... Published 26 Sep, 2023 12:22am
World US current account deficit narrows in second quarter WASHINGTON: The U.S. current account deficit narrowed sharply in the second quarter as surpluses on services and... Published 21 Sep, 2023 07:01pm
World 'Premature' to predict hit from US auto strike: Yellen WASHINGTON: US Treasury Secretary Janet Yellen said Monday it is too early to gauge the economic impact from an... Published 18 Sep, 2023 10:39pm
Markets Surging oil prices, dollar to test RBI resolve on rupee MUMBAI: The Indian rupee is likely to open weaker on Friday after oil prices and the dollar index climbed to... Published 15 Sep, 2023 09:58am
Business & Finance Dollar advances on solid US data NEW YORK: The dollar gained on Thursday after earlier pushing the yen to a 10-month low, and kept the euro and... Published 08 Sep, 2023 06:01am
World US SEC votes on overhaul for $20 trillion private fund industry NEW YORK: The U.S. securities regulator on Wednesday was set to finalize a sweeping overhaul of private equity and... Published 23 Aug, 2023 08:02pm
World US 30-year mortgage rate soars to highest since 2000 The interest rate on the most popular U.S. home loan last week shot to the highest since December 2000, helping... Published 23 Aug, 2023 05:56pm
World US existing home sales drop, but prices up from a year earlier U.S. existing home sales dropped to a six month-low in July as home owners who are locked into cheap mortgages... Published 22 Aug, 2023 07:30pm
World Yellen sees 'resilience' in US economy even as it cools WASHINGTON: US economic growth and wage gains should "serve as a source of resilience" moving forward even if the... Published 12 Aug, 2023 12:49am
Business & Finance Morgan Stanley warns of hit to equity valuation if US fiscal spending is cut WASHINGTON: Brokerage Morgan Stanley on Monday warned that lofty US equity valuations could be questioned by... Published 08 Aug, 2023 06:37am
World US layoffs fall to lowest level in nearly a year American employers announced fewer layoffs in July than the year before, marking the first year-over-year decrease... Published 03 Aug, 2023 06:01pm
Opinion Fed doublespeak Traders with long US equity and long dollar positions that laughed all the way to the bank after the Fed’s latest... Updated 03 Aug, 2023 06:34am
Business & Finance Fitch cuts US credit rating to AA+ WASHINGTON: Rating agency Fitch on Tuesday downgraded the US government’s top credit rating, a move that drew an... Published 03 Aug, 2023 05:54am
Markets Japan’s Nikkei hits 4-week peak amid calm bond market, earnings boost TOKYO: Japan’s Nikkei share average rallied to a four-week high on Monday as a relatively calm reaction in the... Published 31 Jul, 2023 09:39am
Business & Finance US economy defies recession fears with strong Q2 performance WASHINGTON: The US economy grew faster than expected in the second quarter as a resilient labor market supported... Published 31 Jul, 2023 06:43am
Print Fed officials spar over banking reform in rare open meeting WASHINGTON: Members of the US Federal Reserve’s governing body voiced disagreements over proposed changes to... Updated 29 Jul, 2023 09:33am
Business & Finance Moderate US economic growth expected in second quarter WASHINGTON: The US economy likely maintained a moderate pace of growth in the second quarter as labor market... Published 27 Jul, 2023 10:23am
Business & Finance Dollar edges up against euro NEW YORK: The dollar edged up against the euro and the pound on Monday after economic data continued to show the... Published 25 Jul, 2023 06:20am
Markets S&P 500, Dow rise ahead of monthly inflation data NEW YORK: The S&P 500 and the Dow rose modestly on Tuesday ahead of inflation data, as investors were hopeful... Published 12 Jul, 2023 06:39am
Markets Wall Street Week Ahead: As earnings loom, investors weigh recession resilience NEW YORK: As second-quarter earnings approach, investors are looking at beaten-down sectors which might gain ground... Published 10 Jul, 2023 06:52am
Business & Finance Fed leaves rates steady, sees two small hikes by end of 2023 WASHINGTON: The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections... Published 15 Jun, 2023 06:03am
World Fed seen holding rates steady this week after inflation data Federal Reserve policymakers are seen as far more likely to skip raising interest rates this week after government... Published 13 Jun, 2023 07:41pm
World IMF urges Fed, central banks to keep tightening to reduce inflation WASHINGTON: The International Monetary Fund on Thursday urged the U.S. Federal Reserve and other global central... Updated 08 Jun, 2023 09:32pm
World US weekly jobless claims increase more than expected WASHINGTON: The number of Americans filing new claims for unemployment benefits surged last week, suggesting that... Published 08 Jun, 2023 06:58pm
World US weekly jobless claims rise modestly; layoffs increase in May WASHINGTON: The number of Americans filing new claims for unemployment benefits increased modestly last week,... Published 01 Jun, 2023 07:02pm
World Biden, McCarthy looking to close US debt ceiling deal for two years WASHINGTON: The White House and congressional Republicans on Friday aim to put the final touches on a deal to raise... Published 26 May, 2023 05:46pm
World Fed’s Collins open to pausing rate hikes at June meeting NEW YORK: Boston Federal Reserve President Susan Collins said on Thursday the time may be at hand for the U.S.... Published 25 May, 2023 09:03pm
Markets Dollar ascendant amid resilient US economy, haven demand TOKYO: The dollar pushed to a two-month high against the euro and a six-month peak versus the yen on Thursday, as a... Published 25 May, 2023 09:31am
Business & Finance Dollar steady as debt ceiling talks linger NEW YORK: The dollar traded little changed after hitting a fresh two-month high against a basket of peers on... Published 25 May, 2023 06:26am
