Economy Financial News

07.11 / 19:15

markets UPS Target economy Remark Election Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to right-size monetary policy.

07.11 / 19:01

markets Digital economy Election Trade President Bitcoin Posthaste: Why the Bank of Canada may have to cut rates deeper than its global peers

It’s been quite the week — Donald Trump’s victory in the United States election sent stocks soaring and gold plunging yesterday, and today the Federal Reserve announces its rate decision.

07.11 / 19:01

markets COST economy Remark audience reports Bank of Canada's Carolyn Rogers warns against ‘tinkering’ with mortgage market

Bank of Canada deputy governor Carolyn Rogers is cautioning policymakers against “tinkering” with the mortgage market in an effort to improve housing affordability, warning that over-reliance on such measures could have long-term negative impacts.

07.11 / 17:57

COST UPS Target economy rowing Czech central bank cuts key interest rate to 4% as inflation stays low

The Czech central bank has cut its key interest rate for the eighth time in a row as inflation remains low and the economy is making a slow recovery

07.11 / 17:57

markets COST UPS economy reports Average rate on a 30-year mortgage in the US rises for sixth straight week

The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July

07.11 / 17:57

markets economy Election President War social Germany's economy is in trouble. The government's collapse and Trump's return bring more risk

The collapse of Germany’s governing coalition and President-elect Donald Trump’s imminent return to the White House are creating new risks for the European Union's biggest economy

07.11 / 17:57

markets UPS economy Nov reports Department Slightly more Americans apply for unemployment last week; layoffs remain low

The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels

07.11 / 17:45

markets Digital Manufacturing CEO economy Pool International Manufacturing will play pivotal role in shaping Viksit Bharat: Mercedez Benz India CEO

automotive manufacturing ecosystem in specific is well-poised, presenting unlimited potential. This potential is underscored by strong domestic consumption and growing international demand for our products and services.

07.11 / 17:45

markets IPO Provident Digital economy Election Experts The Big Fat IPO Boom

07.11 / 17:45

markets Digital economy Election Experts PAM reports US recession coming in 2025? How will it affect the stock markets? Here's how to navigate it

07.11 / 17:35

markets Fox CEO economy show Mortgage rates climb again, hurting demand further

Cardone Capital CEO and real estate investor Grant Cardone explains how the economy is on top of voters minds and why Trump will boost U.S. markets.

07.11 / 16:21

Waters security economy Sustainability innovations International Northern Arc secures USD 65 mn debt commitment from global firms for climate fund

Northern Arc on Thursday said it has secured USD 65 million from global development banks for maiden climate fund through its fund management arm, Northern Arc Investments IFSC Trust. The climate fund gets commitment of USD 50 million from the United States International Development Finance Corporation (DFC) and USD 15 million from OeEB, the official Development Bank of the Republic of Austria, Northern Arc said in a statement. Located in Gujarat International Finance Tec-City (GIFT City), the climate fund will extend debt financing to growth-stage companies operating in sectors such as commercial, industrial, and residential solar energy, energy efficiency, green buildings and materials, e-mobility, and sustainable agriculture, it said.

07.11 / 16:11

markets COST UPS economy Election wellness U.S. Fed rate cut coming as economy gears up for 2nd Trump term

Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many Americans and contributed to Donald Trump’s presidential election victory.

07.11 / 15:07

markets Digital economy Sustainability Election PAM social CII pitches for further reform in taxation system, sustaining capex in FY25 Budget

simplification of taxes, as well as sustaining the capital investment momentum in the Budget for 2025-26. In a meeting with Revenue Secretary Sanjay Malhotra, CII urged the government to increase the capex by 25 per cent over 2024-25 (BE) with a sharp focus on infrastructure related to rural areas, agriculture, and the social sector.

07.11 / 15:07

markets COST UPS economy Election Trade Decision Day Guide: US Fed set to cut rates again as post-election uncertainty grows

Donald Trump's presidential election victory. Yet the Fed's future moves are now more uncertain in the aftermath of the election, given that Trump's economic proposals have been widely flagged as potentially inflationary. His election has also raised the specter of meddling by the White House in the Fed's policy decisions, with Trump having proclaimed that as president he should have a voice in the central bank's interest rate decisions.

07.11 / 13:11

markets UPS Fox economy Election show reports Fed set to announce latest interest rate move in wake of Trump's election win

FOX Business host Larry Kudlow tells the Democracy 2024 panel the Federal Reserves missteps in the economy, especially for middle-income workers.

07.11 / 11:13

UPS Booking Manufacturing economy Death Trade reports Bibek Debroy and the unbearable lightness of being an economist

Subscribe to enjoy similar stories. Seeing that I prefer fountain pens, Bibek Debroy suggested that I should write an economic history of India, telling the story through the decline of fountain pens manufacturing post-Independence. Interesting idea, but it doesn’t excite me, I replied politely, grateful for the encouragement.

07.11 / 11:13

UPS economy Bill pandemic President show 2020 How Trump won the economy-is-everything election

Subscribe to enjoy similar stories. The experts said the economy was doing great. Everyday Americans disagreed.

07.11 / 11:05

Provident Target economy Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade

Sweden’s central bank has cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction in over a decade

07.11 / 11:05

economy Election President country social reports Germany's coalition collapses dramatically. Scholz plans to lead with a minority government

Germany’s leader is expected to lead the country with a minority government after the collapse of the coalition

07.11 / 07:43

UPS economy Election Trade President show reports China's exports grew 12.7% in October, fastest pace in more than 2 years

China has reported its exports rose 12.7% in October from a year earlier, the fastest monthly growth in more than two years

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