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Fed News

Why is PJM asking millions to cut electricity use? US power grid faces emergency

PJM has issued an emergency alert as extreme heat, generator outages and overloaded power lines strain the US grid, sending electricity prices soaring. (Pexel/Representative image)

Published 9 days ago

Why is Bitcoin falling? Inflation, ETF outflows and the Fed: Explained

Rising inflation fears, Fed rate worries, Bitcoin ETF outflows and Strategy concerns are weighing on crypto prices. (Pexel/Representative image)

Published 10 days ago

Big change for Social Security debit cards as 3.6M users face bank switch

US Social Security Direct Express debit card change (Photo by SAUL LOEB / AFP)

Published 18 days ago

Core PCE inflation hits 3.4%, highest since 2023; raises Fed rate cut doubts

PCE inflation rose to 4.1% while core PCE reached 3.4. (Pexel/Representative image)

Updated 18 days ago

Alan Greenspan cause of death: How did former Federal Reserve chair die at 100?

Alan Greenspan, former Federal Reserve chair, died at 100 from Parkinson’s disease complications. (AP Photo/Bob Daugherty, file)

Updated 21 days ago

US Fed holds interest rates steady: 5 key takeaways from the June FOMC meeting

Fed keeps interest rates unchanged (Photo by Brendan SMIALOWSKI / AFP)

Published 25 days ago

How will the Fed decision affect your finances? Here’s what you need to know

Federal Reserve building in Washington, D.C. (AFP/Representative image)

Updated 26 days ago

What time will US Fed announce interest rate decision? What to expect?

Fed rate decision is in focus as Kevin Warsh leads his first meeting as chair. (Bloomberg/Representative image)

Published 26 days ago

Kevin Warsh’s first test as Fed Chair could clash with Trump on interest rates

Kevin Warsh begins as Fed chair as inflation stays high and rate cuts look unlikely. (Photo by Aaron Schwartz / AFP)

Updated 28 days ago

New York Fed survey flags alarming financial trend among Americans

US financial fear hits 4-year high as debt worries rise (Photographer: Victor J. Blue/Bloomberg)

Published 34 days ago

Trump chastises ‘very dumb’ Jerome Powell ahead of Congressional testimony

Jerome Powell is one of over a dozen central bank executives that vote on the bank's interest rate, and he is the head of the Federal Open Market Committee.

Published 384 days ago

Gold pauses after hitting record high amid Trump tariffs stoking trade war fears

International gold prices reached $2,986.45 an ounce after hitting a record high of $2,989.46, within touching distance of the $3,000 an ounce milestone. (Representational Image)

Published 486 days ago

Rupee hits an all-time low amid strengthened dollar and volatile equities

The rupee fell to an all-time low on Wednesday, January 8, 2025, due to a rise in dollar rates and weakness in domestic equities

Published 550 days ago

US stock market plunges in recession fears, rising unemployment, tech stock fall

US stock market plunges and bond yields fall due to recession fears (Reuters)

Published 709 days ago

Feds want to silence Donald Trump because of…

Former US President and Republican presidential candidate Donald Trump walks on stage as he arrives for a campaign rally in the South Bronx in New York City on May 23, 2024. (Photo by Jim WATSON / AFP)

Published 779 days ago

Couple steals newborn boy from Ludhiana civil hospital; held

Couple steals newborn boy from Ludhiana civil hospital; held

Updated 1183 days ago

2 held for harbouring Amritpal in Punjab’s Hoshiarpur

Two men were arrested for allegedly harbouring radical preacher Amritpal Singh who has been on the run following a crackdown by Punjab Police last month, officials said on Thursday.

Updated 1187 days ago

Opening bell: Sensex in red at 60,287; Nifty trades at 17,789

Market updates today: People walk past an electronic signage displayed at the Bombay Stock Exchange (BSE) building.

Updated 1187 days ago

US treasury secretary expects economy to grow despite recession concerns

US Economy: US treasury secretary Janet Yellen.

Published 1192 days ago

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