Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis
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OpenAI in talks to raise up to $40 billion at $340 billion valuation
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room […]
GDP grew at a 2.3% pace in the fourth quarter, less than expected
U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported Thursday. Gross domestic product, a […]
Trump admin set to push India to ink more defence deals | India News
New Delhi: From fighter jets and armoured combat vehicles to aero-engines and missiles, the Trump administration is set to pressurize India to further crank up […]
Fed holds rates steady, takes less confident view on inflation
The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy as it examines what is likely to […]
Fed holds rates steady, takes less confident view on inflation
The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy as it examines what is likely to […]
Wall Street still sees two rate cuts this year, but conviction is getting weaker, CNBC survey finds
Amid the uncertainty of fiscal policy and the persistence of inflation, respondents to the CNBC Fed Survey dialed back their expectations for interest rate cuts […]
Wall Street still sees two rate cuts this year, but conviction is getting weaker, CNBC survey finds
Amid the uncertainty of fiscal policy and the persistence of inflation, respondents to the CNBC Fed Survey dialed back their expectations for interest rate cuts […]
Solution to Russia-Ukraine conflict not on battlefield: Jaishankar | India News
The solution to the Russia-Ukraine conflict will not emerge from the battlefield, external affairs minister S Jaishankar said on Monday adding that the countries need […]
PCE inflation June 2024:
An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely […]