Election Financial News
07.11 / 14:03
markets
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Election
Nov
2020
reports
US weekly jobless claims increase moderately
unemployment benefits rose marginally last week, suggesting no material change in labor market conditions and reinforcing views that hurricanes and strikes had resulted in job growth almost stalling in October.
07.11 / 14:03
markets
Digital
Action
Strategy
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country
PM Modi, environment minister unlikely to attend UN climate summit in Baku
Narendra Modi is unlikely to attend the UN climate conference in Azerbaijan that Environment Minister Bhupender Yadav may also miss, official sources said on Thursday. Union Minister of State for Environment, Forest and Climate Change Kirti Vardhan Singh will lead the 19-member Indian delegation and deliver India's national statement at the high-level segment on November 18-19.
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security
Sustainability
Election
awards
innovations
International
Northern Arc secures $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.
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UPS
Racing
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wellness
performer
2020
Pollsters were blindsided by breadth of Trump win
Subscribe to enjoy similar stories. WASHINGTON : Pollsters as a group had prepared Americans for a very close presidential race, and that is the way it turned out in several battleground states. But the polling performance was a big miss in another way: The pervasiveness of Donald Trump’s popularity wasn’t fully telegraphed to the public.
07.11 / 12:31
07.11 / 12:31
markets
COST
Election
track
Equality
Updates
US Fed Meeting Live Updates: Powell-led FOMC to unveil interest rate decision today after US election verdict
US Fed Meeting Live Updates: The US Federal Reserve is set to announce its seventh policy decision for 2024 on Thursday, November 7, after a two-day Federal Open Market Committee (FOMC) meeting and is widely expected to slash the benchmark interest rate by 25 basis points (bps) or (1/4) quarter a percentage point, broadly in line with Wall Street estimates.In the September meeting, the US Fed slashed the benchmark interest rate by 50 basis points (bps) or (½) half a percentage point to 4.75 per cent-5 per cent for the first time in four years after policymakers expressed confidence that inflation was consistently on track to come near the four per cent target.US Fed policymakers see the benchmark interest rate falling by another half-point (50 bps) by the end of this year, another full percentage point in 2025, and a final half-point reduction in 2026 to end in a 2.75 per cent-3.00 per cent range. One bps is equal to one hundredth (1/100) of a percentage point.A rate cut could lower borrowing costs, including for mortgages and business loans, giving individuals and companies the incentive to spend and invest.
07.11 / 11:45
Election
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Political equations may change in Maharashtra after elections: Dilip Walse Patil
NCP leader and Maharashtra minister Dilip Walse Patil said on Thursday that political equations may change in the state after the November 20 assembly elections. More than which alliance wins, what is important is the number of seats bagged by individual parties, he said.
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07.11 / 11:13
markets
Target
CME
Election
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shock
What’s at stake with the Fed, now that Trump has won?
Subscribe to enjoy similar stories. When Federal Reserve officials decide this week on the path for interest rates, they will have a new factor to consider: the re-election of Donald Trump. Not only could Trump’s policies affect the path for inflation and growth, his return to the White House also poses questions about the Fed’s freedom to set rates without political interference.
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