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Former federal reserve adviser arrested, for leaking US trade secrets to China

Published on Feb 1, 2025 03:43 IST

US President Donald Trump in the Oval Office on January 31, 2025 in Washington, DC.

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

Updated on Jan 31, 2025 14:51 IST

Fed doesn’t 'need to be in hurry' to lower interest rates, says Jerome Powell

Jerome Powell stressed that the Fed wants to see “serial readings” suggesting further progress on inflation.

Published on Jan 29, 2025 22:00 IST

US dollar firmer against peers after Fed keeps interest rates unchanged

The dollar strengthened 0.51% to 0.908 against the Swiss franc

Published on Jan 29, 2025 21:27 IST

How Fed's interest rate pause will impact regular American wallets

Federal Reserve officials held interest rates steady, pausing to assess the inflation outlook following a string of rate reductions last year. Fed Chairman Jerome Powell in the picture. Photographer: Al Drago/Bloomberg

Updated on Jan 30, 2025 24:31 IST

US Federal Reserve keeps interest rates unchanged, says decision was ‘unanimous’

The US Fed said that economic activity has continued to expand at a solid pace.

Updated on Jan 30, 2025 24:10 IST

US Fed meeting: Under pressure from Trump, will Powell hold interest rates?

FILE PHOTO: US President Donald Trump looks on as Jerome Powell, his then-nominee to lead the US Federal Reserve, speaks at the White House in Washington DC in November 2017.

Updated on Jan 29, 2025 17:11 IST

US inflation likely remained sticky-high last month, threatening rate cuts

US Labour Department is expected to report that in December the consumer price index rose 2.8% from a year ago, according to economists surveyed by FactSet

Updated on Jan 15, 2025 09:00 IST

Bitcoin posts its first ever weekly decline since Donald Trump's victory

Republican presidential candidate former President Donald Trump speaks at the Bitcoin 2024 Conference, July 27, 2024, in Nashville, Tenn.

Published on Dec 23, 2024 06:35 IST

Bitcoin approaches first weekly decline since Donald Trump's victory

Republican presidential candidate former President Donald Trump speaks at the Bitcoin 2024 Conferenc, July 27, 2024, in Nashville, Tenn.

Updated on Dec 22, 2024 23:43 IST

Stock markets continue to decline, Sensex ends nearly 1,200 points lower

Sensex has lost more than 3% this week, its first weekly decline in five weeks.

Published on Dec 20, 2024 10:03 IST

Canada stocks tumble over 2% after Fed moderates rate cut expectations

Why Companies Split Stocks, Exploring Motivations and Market Effects.

Published on Dec 18, 2024 21:42 IST

US stocks tumble as Federal Reserve eyes fewer 2025 rate cuts, Dow falls 2.6%

The Dow slid 2.6, or more than 1,100 points on Wednesday.

Updated on Dec 18, 2024 23:17 IST

US Federal Reserve lowers rates by a quarter point, signals two cuts for 2025

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference. (File)

Updated on Dec 18, 2024 23:19 IST

US Fed meeting: What policy decisions to expect? Where to watch live?

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington. (File)

Published on Dec 18, 2024 16:47 IST

Gold steady as traders await central banks' rate decisions

Ahead of the Federal Reserve and other major central banks' interest-rate announcements, gold prices stayed stable as traders exercised caution.

Published on Dec 17, 2024 02:15 IST

Indian markets open cautiously ahead of US Fed meeting, Nifty and Sensex decline

Due to a slight dip in both indexes during the opening session, Indian stock markets began the new week cautiously on Monday. Tuesday is when the US Federal Reserve meeting is scheduled to begin.

Published on Dec 16, 2024 05:21 IST

US job data: These are the top hiring sectors as 227,000 jobs added in November

A pedestrian walks past a "Now Hiring" sign posted on a business storefront in San Gabriel, California

Published on Dec 6, 2024 16:20 IST

US stocks surge on rate cut hopes ignoring France, South Korea political crises

The Dow finished above 45,000 for the very first time. Most of the gains were from larger tech and AI names like Nvidia and Microsoft.

Published on Dec 5, 2024 03:06 IST

US initial jobless claims dropped to lowest since May last week

US jobless applications data have been even more volatile than usual recently as Southeastern states recovered from two hurricanes and Boeing Co. workers ended a weeks-long strike.

Published on Nov 14, 2024 14:36 IST

US Dollar hits one-year high amid Donald Trump's economic policies

On Thursday, the U.S. dollar hit a one-year high as Trump's election momentum continued, while bitcoin soared to a record $93,480.

Published on Nov 14, 2024 01:52 IST

US inflation stays firm for third month with 0.3 percent core CPI gain

The US central bank will also have to contend with a new set of policies under President-elect Donald Trump, with companies already considering raising prices in anticipation of the higher tariffs he’s promised on imported goods.

Published on Nov 13, 2024 14:27 IST

Federal Reserve Chair Jerome Powell reveals whether he will resign if Trump asks

Jerome Powell sees himself as a public servant, but he seems to be preparing for a possible confrontation with Trump, who recently stated that he would not have direct control over Fed decisions, but he should at least be allowed to provide advice.

Published on Nov 8, 2024 17:26 IST

Federal Reserve cuts its key interest rate by a quarter-point after Trump's win

Federal Reserve Board Chairman Jerome Powell

Updated on Nov 7, 2024 19:20 IST

Dollar slips before Federal Reserve rate cut decision

Powell may be likely to keep his options open however, and reiterate that the U.S. central bank remains data dependent given the uncertainty over how a Trump administration will play out.

Updated on Nov 7, 2024 17:03 IST

US worker productivity rises moderately in third quarter; labor costs elevated

Construction workers in Atlanta, Georgia, US, on Wednesday, Nov. 6, 2024.

Published on Nov 7, 2024 14:32 IST

US Federal Reserve rate cut plans likely unchanged by Donald Trump victory

Donald Trump has repeatedly accused Powell -- whom he first appointed to run the US central bank -- of working to favor the Democrats, and has suggested he would look to replace him once his term expires in 2026.

Published on Nov 7, 2024 14:07 IST

US Stock market: Wall Street ticks higher on Election Day as voters head to poll

US Voters leave after casting their ballots on November 5, 2024 in Whitefield, New Hampshire. Americans cast their ballots today in the presidential race between Donald Trump and Kamala Harris, as well as multiple state elections that will determine the balance of power in Congress.

Published on Nov 5, 2024 15:55 IST

Wall Street betting on Kamala Harris win? CNBC's Jim Cramer dissects volatility

FILE - A sign marking Wall Street is shown near Trinity Church in New York's Financial District on Oct. 30, 2024. (AP Photo/Peter Morgan, File)

Published on Nov 5, 2024 01:45 IST

GRAPHIC-Take Five: Only one show in town

GRAPHIC-Take Five: Only one show in town

Published on Nov 4, 2024 10:22 IST

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