Economy Financial News

03.04 / 17:49

markets COST UPS economy Food country Inflation has slid again in Europe. What that means for interest rates

Inflation has fallen again in Europe, to 2.4% in March

03.04 / 17:49

UPS Target economy Election President show reports Powell: Fed still sees rate cuts this year; election timing won't affect decision

Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said, despite recent reports showing that the U.S. economy is still strong and that U.S. inflation picked up in January and February

03.04 / 17:49

UPS Provident economy wellness Experts Lexus Features Luxury SUV face-off: Edmunds compares the Genesis GV80 and Lexus RX

The Genesis GV80 made quite a splash when it entered the midsize luxury SUV segment

03.04 / 17:07

markets UPS economy Remark President Universities show Fed's Powell emphasizes need for more evidence that inflation is easing before cutting rates

Federal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of inflation, keeping the timing of potential interest rate cuts uncertain.

03.04 / 14:09

markets Target economy Research students country Schools India PC market to double in 5 years if economy target met: HP's Dasgupta

NEW DELHI : New Delhi: India’s personal computers (PC) market of desktops and laptops, which experienced a lull last year due to a post-pandemic sales decline, could double in the next five years if the country's economic targets are met, said Ipsita Dasgupta, senior vice-president and managing director of HP India. Speaking about a dip in demand for PCs and the way forward for the upcoming year, Dasgupta said, “The consumer market has been a bit up-and-down. But nobody discards their PCs, so the comeback on demand doesn't concern me.

03.04 / 12:29

markets FIVE Strategy economy Election Discover show Which assets do global insurers expect their best returns to come from?

Some of the world’s largest investors have shared their insights about their portfolio allocations and where they expect to see the strongest returns.

03.04 / 11:53

FIVE economy Election wellness Interviews politician Manmohan Singh retires from Rajya Sabha: A look at ex-PM's 33-year-long journey in 5 statements

Manmohan Singh retired from Rajya Sabha on April 3 after serving 33 years in the Indian Parliament. Singh, 91, is credited for opening the Indian economy to global competition and regarded as architect of India’s economic liberalisation as Finance Minister in 1991. Later, Singh went on to become Prime Minister serving two terms between 2004 and 2014.

03.04 / 10:09

COST Target economy President reports International Biden's tax-hike plan would cost the US economy nearly 800K jobs

Committee for a Responsible Federal Budget President Maya MacGuineas explains the 'three basic ways' Biden could reduce national debt.

03.04 / 10:09

markets CEO security economy show social strain Hedge fund billionaire says US debt 'is a growing concern that cannot be overlooked'

Congressional Budget Office director Phillip Swagel analyzes where lawmakers stand to slow down debt growth.

03.04 / 08:09

markets economy SPY Nikkei Trade Stock market today: Asian shares drop after Wall Street sinks on rate worries

Asian shares are mostly declining after Wall Street broke its record-breaking run-up

03.04 / 04:27

FIVE security economy performer country reports International Half of adults globally are stressed about their finances, and inflation is a key reason

At least half of adults in a range of major economies report being stressed about their personal finances, and say inflation is one of the main reasons.

03.04 / 03:19

markets Manufacturing Gap economy wellness show stage Dollar steadies, yen pinned near 152

dollar was on the front foot on Wednesday, pinning the yen near its lowest its decades though the heightened threat of currency intervention by Tokyo capped further declines in the Japanese currency. The yuan was steady after a private-sector survey showed that China's services activity growth accelerated in March, in a sign sentiment was staging a tentative recovery in the world's second-largest economy.

03.04 / 02:49

Manufacturing economy Sustainability reports Manufacturing seems to be on a roll

The last fiscal year ended on an upbeat note for India’s economy, going by the purchasing managers’ index (PMI) for the manufacturing sector. It hit a 16-year high of 59.1 in March, the highest level since February 2008.

03.04 / 02:49

economy Boxing pandemic War Celebrity International E-Rupee: RBI’s big out-of-the-box moment is still to come

A heady air of mutual—and self— congratulation hovered over the Reserve Bank of India’s (RBI) 90th-year celebration held on 1 April. It was almost palpable in the speeches made.

03.04 / 02:27

Target security economy Discover reports Department prevention Scathing federal report rips Microsoft for shoddy security, insincerity in response to Chinese hack

A Biden administration-appointed review board has issued a scathing indictment of Microsoft corporate security and transparency

03.04 / 00:41

markets Target economy Food Research Experts reports RBI MPC meeting begins today: Rate pause may continue on GDP growth, inflation; Key indicators to watch

Also Read: RBI policy meet: SBI says there could be no rate cut before Q3FY25; here's why According to a majority of analysts and economists on D-Street, the RBI would keep its key repo rate unchanged at 6.50 per cent at the conclusion of the April 3-5 MPC meeting, continuing its stance of ‘withdrawal of accommodation’. However, the recent uptick in crude oil prices over geopolitical conflicts is likely to keep the MPC's focus on inflation and managing the impact of global headwinds, despite record-high economic growth in the previous quarter. "The MPC is unlikely to act on policy rates on April 5th.

02.04 / 22:23

BLOCK Fox security economy Moodys Department Traffic Trapped vessels navigate Port of Baltimore after bridge collapse

Fox News chief national security correspondent Jennifer Griffin has the latest on the cleanup effort after the Francis Scott Key Bridge collapse on ‘The Claman Countdown.’

02.04 / 16:59

markets UPS Target economy show reports Department US job openings rise modestly to 8.8 million in February in strong labor market

U.S. job openings barely changed in February, staying at historically high levels in a sign that the American job market remains strong

02.04 / 16:43

markets Provident Progressive economy Remark President information Fed's Mester still expects rate cuts this year, but rules out May

Cleveland Federal Reserve President Loretta Mester said Tuesday she still expects interest rate cuts this year, but ruled out the next policy meeting in May.

02.04 / 11:47

COST UPS economy Allianz President reports Americans are draining their retirement accounts, racking up debt due to high inflation

MacroMavens President Stephanie Pomboy provides her expectations for the economy, the impact of inflation on the consumer and the 4Q GDP read.

02.04 / 11:05

markets UPS Provident Target economy show China’s leaders are flailing as markets drop

run out of money. Some economists therefore think that the central government will need to set up a fund to take over unfinished projects or guarantee property prepayments, much as bank deposits are guaranteed. It is also unclear how much fiscal stimulus the central government is prepared to provide.

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