Economy Financial News

21.03 / 17:15

markets UPS economy Food pandemic Caseys show In Pennsylvania's Senate race, Casey puts 'greedflation' and corporations on the ballot

For Democrats trying to defend the White House and Senate majority, Democratic Sen. Bob Casey of Pennsylvania is emerging as the tip of the spear in trying to reframe the election-year narrative around inflation

21.03 / 17:15

markets COST Target economy show rights UK inflation is heading in 'right direction,' but Bank of England isn't ready to cut rates

The Bank of England has kept its main interest rate unchanged at a 16-year high even though inflation continues to drop from multi-decade peaks

21.03 / 17:15

markets COST UPS economy reports Average long-term US mortgage rate climbs back to nearly 7% after two-week slide

The average long-term U.S. mortgage rate climbed back to nearly 7% this week, pushing up borrowing costs for home shoppers with the spring homebuying season underway

21.03 / 15:47

COST Citi economy wellness pandemic show reports Posthaste: Who says cities are dead? These four are driving Canada's economy

Canada’s big cities took the toughest knocks during the pandemic, as families fled to the suburbs and beyond and office buildings emptied out.

21.03 / 15:43

markets COST economy show US Treasury key yield curve inversion becomes the longest on record

By Davide Barbuscia

21.03 / 15:07

markets UPS Manufacturing economy WhatsApp track US business activity stable in March; inflation picks up

business activity held steady in March, but prices increased across the board, suggesting that inflation could remain elevated after picking up at the start of the year. S&P Global said on Thursday that its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, dipped to 52.2 this month from 52.5 in February. A reading above 50 indicates expansion in the private sector.

21.03 / 13:27

markets COST UPS Target economy Boeing rights Bank of England sees economy 'moving in right direction' for rate cuts

By William Schomberg and Suban Abdulla

21.03 / 13:27

markets Target economy wellness trends show Keep buying S&P 500 as US exceptionalism goes 'from strength to strength' - SocGen

Analysts at SocGen told investors in a note Thursday to keep buying the S&P 500 as “US exceptionalism is going from strength to strength.”

21.03 / 13:27

markets COST UPS Strategy economy Bitcoin Fed meeting recap: Dovish stance fuels rally in stocks, Bitcoin

Stock and cryptocurrency prices rose higher after the Federal Reserve announced they were keeping interest rates unchanged while also reiterating expectations of three rate cuts before the end of 2024.

21.03 / 12:43

markets COST economy Election Cycling Turkey's central bank hikes interest rate to 50%

interest rate on Thursday, resuming its tightening cycle as one of the world's highest inflation rates rose again last month. The bank's monetary policy committee decided to raise the policy rate from 45 percent to 50 percent, with a statement citing «the deterioration in the inflation outlook».

21.03 / 12:43

COST Booking economy pandemic Trade reports Accenture fans IT industry spending gloom with annual forecast cut

Accenture cut its fiscal-year 2024 revenue forecast on Thursday, as an uncertain economy prompts clients to curtail spending on its consulting services, sending its shares down around 5.6% in premarket trading. Accenture now expects full-year revenue growth in the range of 1% to 3%, from its prior forecast of 2% to 5%.

21.03 / 12:37

COST Booking economy pandemic Trade reports Accenture cuts FY24 earning forecast over uncertain consulting revenues

21.03 / 11:35

markets UPS economy Opinion wellness rights Volatility Melts as Fed Doubles Down Inflation Gamble: Can It End Well?

At this point, one must wonder what the Fed is trying to pull off, and it isn’t entirely clear to me. It seems like the Fed is taking a big gamble here on inflation hotter than not.

21.03 / 11:35

markets COST Reuters economy show reports Norway keeps interest rate on hold, eyes September cut

By Terje Solsvik

21.03 / 11:35

markets Target FIVE Gap economy Cycling show Fed lifts neutral view; more to come?: McGeever

By Jamie McGeever

21.03 / 11:35

Provident security economy community Bill cover Department US Congress releases $1.1 trillion spending package to avert shutdown

By David Morgan and Makini Brice

21.03 / 08:35

Analysis economy WhatsApp Food show reports Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey

FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respondent banks reported a decrease in the NPA levels in the last six months.

21.03 / 08:35

markets Provident ETF security economy performer track Motilal Oswal Mutual Fund launches Nifty Realty ETF and Nifty SmallCap 250 ETF

Motilal Oswal Nifty Realty ETF is an open-ended scheme replicating/ tracking Nifty Realty TR Index. The investment objective of Motilal Oswal Nifty Realty ETF is to provide returns that, before expenses, correspond to the total returns of the securities as represented by the Nifty Realty Index, subject to tracking error. Best MF to investLooking for the bes

21.03 / 08:21

markets Target Analysis economy pandemic country Investigations Impact of Covid-induced fiscal stimulus on India's inflation less than developed economies: RBI study

Also Read: US Fed keeps benchmark rates steady at 23-year high-mark, projects 3 rate cuts in 2024: 5 key highlights The study investigates the impact of pandemic-induced fiscal expansions on inflation in select advanced economies (AEs) and emerging market economies (EMEs), controlling for supply-side factors. The empirical analysis suggests that countries with larger fiscal stimulus, on average, experienced higher post-pandemic inflation.

21.03 / 05:03

markets UPS Manufacturing economy wellness show Rate Cut Asia FX surges, dollar sinks on Fed’s rate cut signals

Investing.com-- Most Asian currencies rose sharply on Thursday, while the dollar tumbled from two-week highs after comments from the Federal Reserve kept expectations of interest rate cuts largely in play.

21.03 / 04:53

UPS Citi economy Trade country Gold and silver prices Today on 21-03-2024 : Check latest rates in your city

silver" is Rs.76900.0 per kg down by Rs.500.0 per kg. Gold and Silver prices in your city are as follows: The gold August 2024 MCX futures were trading at Rs.67370.0 per 10 gm up by 1.439% at the time of publishing.

frequently asked questions about economy

What is economy and why is it relevant?

Economy is a trending topic that draws public attention. On our site, we regularly publish news related to this subject.

Where can I find the latest updates on economy?

All latest articles about economy can be found in the highlighted block. We publish information as it becomes available.

How can I verify the accuracy of information on economy?

We use verified data to ensure that the information about economy is well-supported and informative for our readers.