Cycling Financial News

sleep and prepare us for hosting a new set of memories. A study published in the Science Journal found a particular ‘switch’ in our brain reactivates our memory during sleep. This «switch» aids in clearing the decks so that the memory pathways can regenerate and get ready for a fresh learning day. The ability to store new knowledge is a top priority for our brains.

Subscribe to enjoy similar stories. Hark back to the heady mid-1990s. Jim Wolfensohn, a former Olympic fencer turned banker and cellist was US President Bill Clinton’s pick as World Bank president.

PSU Banks, ending in the green. Realty, metals, FMCG, private banks and financial services led gains. Analysts believe that strong FII inflows, healthy domestic macros, and easing concerns over the U.S. economy are expected to sustain the positive momentum.

A major exchange-traded fund and mutual fund manager finds the winning gold trade isn't talked about as much as the artificial intelligence trade — but maybe it should be.

Inflation is back at the coveted two per cent annual rate.Wage hikes have outpaced inflation for 19 months in a row.The Bank of Canada is three rate cuts into an easing cycle, with no signs of stopping anytime soon.The recent run of positive economic news had the Liberal government — long challenged by an affordability crisis in Canada — celebrating in the House of Commons this week.Finance Minister Chrystia Freeland on Tuesday hailed the August inflation report as “good news for Canadians” and the “light at the end of the tunnel” after years of surging prices and pandemic-related disruptions in the economy.RBC assistant chief economist Nathan Janzen tells Global News that there’s indeed reason to celebrate as price stability shows signs of returning and the Bank of Canada unwinds from the most rapid tightening cycle in its history.But he also warns that focusing on inflation and rate cuts may ignore economic pain looming for Canadians around the corner.“Light at the end of the tunnel, silver lining, whatever the phrase you want to use is, it’s important to remember that what we’re seeing in terms of inflation and the interest rate cuts is a result of a softening Canadian economy,” Janzen says.“So it’s not all great news.”Quick refresher on how all of these dynamics play together: when inflation is trending away from the Bank of Canada’s two per cent target, the central bank will raise its policy rate in an effort to rein in rampant price growth.Higher interest rates raise the cost of borrowing for Canadians, businesses and governments.

Subscribe to enjoy similar stories. Wall Street commentary around this week’s Fed rate cut could have filled a very long and boring book, but much of what you need to know about its effect on the stock market can be found in a movie rarely linked with monetary policy: “The Wizard of Oz." The great and powerful man behind the central bank curtain, Jerome Powell, really can’t do as much as people think to keep their portfolios from shriveling if the wheels are already starting to come off the economy. Stocks’ initial reaction to Wednesday’s cut was exuberant.

U.S. interest rate cuts, and rising tensions in the Middle East. Spot gold was up 1.3% at $2,620.63 per ounce by 1:43 p.m. ET (1743 GMT), while U.S. gold futures settled 1.2% higher to $2,646.20.

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Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Annex Wealth Management chief economist Brian Jacobson discusses the impact of immigration on the U.S. economy on Making Money.

There are few certainties when it comes to investing.

Northern Lights, or Aurora Borealis, could be visible across several northern and Midwestern US states this Friday night. As the sun nears the peak of its 11-year solar cycle, increased solar activity has created ideal conditions for this breathtaking natural phenomenon. The National Oceanic and Atmospheric Administration (NOAA) has forecast a Kp index of three for the upcoming event, which suggests heightened aurora activity and brighter displays in favorable weather conditions.

With features like high-speed spins, multiple wash programs, and energy-efficient operations, Onida ensures that laundry day is both effective and eco-friendly. This article explores the diverse range of Onida washing machines, highlighting their key features, benefits, and why they remain a popular choice for households across the country.

venture capital (VC) funding in the country picks up pace, with the likes of Rapido, Ather Energy and Porter joining the unicorn club recently, participants at the ET Soonicorns Summit said on Friday. The Summit, a startup-tech initiative by the Economic Times, organised a panel discussion to provide insights into the future prospects and potential of the Indian venture capital ecosystem. The panel discussion titled ‘Surge in Investor Interest: Vision and Outlook for the Indian VC Ecosystem Beyond Hype and Uncertainty’ delved into the underlying factors driving investor interest, and addressed the challenges and uncertainties existing in the market.

Federal Reserve cut interest rates for the first time in more than four years citing lower inflation expectations and a slowing jobs market. A look at what it means for investors and Indian equities:

Wall Street traders betting the Federal Reserve will be able to engineer a soft landing spurred a rally in riskier corners of the market, with stocks hitting all-time highs. The S&P 500 climbed 1.7% — notching its 39th record in 2024 and extending this year’s surge to about 20%. Tech led gains, while defensive industries underperformed. The Nasdaq 100 added 2.6% and the Russell 2000 of small caps rose 2.1%. In late hours, FedEx Corp. tumbled on a bearish outlook. Nike Inc. surged after saying longtime executive Elliott Hill is coming out of retirement to replace John Donahoe as chief executive officer.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

The price of Bitcoin (BTCUSD) jumped over $63,000 Thursday following a Federal Reserve interest-rate cut.

The U.S. Federal Reserve’s 50-basis-point interest rate cut on Wednesday is set to have ripple effects north of the border, with experts pointing to implications for both the Bank of Canada and Canadian mortgage holders.

US Federal Reserve's half-a-point interest rate cut on Wednesday — the first cut in four years — in their stride on expectations that 'Fedhead' Jerome Powell is front-loading the downcycle. This is the less scary scenario over the US tipping into a recession, and investors seem quite comfortable with it. But the rate action may not have played through yet.

Subscribe to enjoy similar stories. The Federal Reserve famously guided the economy to a soft landing in 1995, paving the way for the economic boom that followed. Can it do so again? With Wednesday’s sizable rate cut, it is off to a good start.