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The Canadian dollar’s slide continued Wednesday amid expectations for a slower pace of rate cuts from the U.S. Federal Reserve.

Heritage Research fellow and economist EJ Antoni joins ‘The Big Money Show’ to discuss reports the Federal Reserve is likely to cut rates for the third time this year.

Ramsey Solutions personality Jade Warshaw breaks down how to get the most out of your Social Security check and more on ‘The Bottom Line.’

WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years. 

Inflation in the U.K. has risen to its highest level since March

Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few months, which would mean that Americans might enjoy only slight relief from still-high borrowing costs for mortgages, aut...

Asian stocks are mostly higher ahead of the Fed’s last rate decision this year

Subscribe to enjoy similar stories. For decades, a global guessing game has focused on whether the people of China will tire of single-party rule. Any failure to sustain a heady pace of economic expansion, went one hypothesis, would stir mass discontent and put its Communist regime on notice.

Subscribe to enjoy similar stories. Even as hopes grow of the Federal Reserve cutting rates, the US central bank may have a happy problem. Economic growth just isn’t weakening enough for it to justify continued cuts.

Federal Reserve's last policy announcement of the year after economic data indicated consumer spending remained solid. U.S. retail sales increased more than expected in November, buoyed in part by an acceleration in motor vehicle purchases, consistent with strong underlying momentum in a resilient economy.

The rate of inflation slowed to 1.9 per cent in November, once again slipping under the Bank of Canada target of two per cent.

The Dow Jones Industrial Average has been declining for nine straight days, heading for its longest losing streak since February 1978. What is going on and how concerned should investors be?

Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday shopping season

The annual rate of inflation slowed to 1.9 per cent in November, Statistics Canada said Tuesday.

US Presidential elections 2024. However, as he has finally come to power, his plans of implementing mass deportations is instilling fear in the minds of economists, who are even claiming that there could be some massive trouble for the US economy if Trump decides to go ahead with this plan.

NITI Aayog has invited expression of interest for undertaking research on 'Cost of Doing Business in India' (CoDB), as India faces strong competition from countries like Vietnam, China, and Indonesia, which offer lower operational costs in key sectors. In a notice, Niti Aayog said the cost of doing business is a pivotal factor influencing the competitiveness of an economy, encompassing the expenses businesses incur to establish, operate and expand. «For a rapidly growing economy like India understanding these costs is essential to fostering a conducive business environment and attracting investment. »Despite India's significant reforms to improve its business climate, it faces strong competition from countries like Vietnam, China, and Indonesia, which offer lower operational costs in key sectors," it said.

alternative investment funds can play a crucial role in helping the economy meet the challenge of job creation. The career bureaucrat who served as the Sebi chairman for six years said there are other challenges confronting the economy as well, but singled out jobs as a critical function where AIFs can be of help. «Going by many of the macro data that we have, there are problems in our economy today, for example on employment generation,» Sinha said while addressing a CII event on AIFs here.

The government's move has irked the cold storage owners in the state as the ban is causing irreparable damage to the cold storage industry in the state. If the stocks in the cold storages are not cleared, it will lead to distress sales and spoilage of potatoes, thus hurting both the potato growers and the rural economy. Subhajit Saha, Vice President of West Bengal Cold Storage Association, said, “The ban on inter-state potato movement is causing irreparable damage to the cold storage industry in West Bengal. The cold storages in South Bengal, particularly in districts of Bankura, Midnapore and parts of Burdwan and Hooghly, are facing the full brunt of this decision."

Finance Minister Nirmala Sitharaman on Tuesday said the lower-than-expected GDP growth of 5.4 per cent in the second quarter was a «temporary blip» and the economy will see healthy growth in the coming quarters. Replying to a debate in the Lok Sabha on the first batch of Supplementary Demands for Grants, she said India has seen «steady and sustained» growth and its GDP growth rate has averaged 8.3 per cent in the last three years. India continues to be the fastest-growing major economy in the world, Sitharaman added. The second quarter growth is only a «temporary blip», and the economy will see healthy growth in the coming quarters, Sitharaman said.

Nitin Gadkari on Tuesday said the food delivery economy is very important for India as it generates large-scale employment. Addressing Zomato's 'Sustainability and Inclusivity: Role of the Platform Economy' conference, the Road Transport and Highways minister said that at present India has 77 lakh delivery workers and this number is likely to touch 2.5 crore by 2030. «Giving employment to 2.5 crore youths of this country is really a big thing for the country...The most important priority for all of us is to create jobs,» he said. The minister also appreciated online food delivery platform Zomato for providing employment to a lot of unemployed youth of the country.

Buoyed by domestic growth prospects, technological advancements, and robust policy measures, India continues to solidify its position as a key player in the global economic arena.