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Wall Street pulls back from all-time highs on inflation worries | Stock Market News
1+ hour, 31+ min ago (454+ words) By Stephen Culp and Ragini Mathur NEW YORK, May 15 (Reuters) - U. S. stocks retreated from artificial-intelligence-fueled record highs on Friday, as spiking crude prices ignited global inflation fears. All three major U. S. stock indexes veered lower as a jump in benchmark Treasury yields,…...
Dollar climbs for fifth straight day as Treasury yields surge | Stock Market News
54+ min ago (573+ words) GLOBAL-FOREX/ (UPDATE 6, GRAPHICS): FOREX-Dollar climbs for fifth straight day as Treasury yields surge GLOBAL-FOREX/ (UPDATE 6, GRAPHICS): FOREX-Dollar climbs for fifth straight day as Treasury yields surge NEW YORK, - The dollar strengthened for a fifth straight day on Friday and was…...
Wall Street slips as yields jump on inflation fears | Stock Market News
6+ hour, 12+ min ago (219+ words) Wall Street stock indices fell sharply on Friday, as Treasury yields climbed on inflation anxieties triggered by the Middle East conflict. At the opening bell, the Dow Jones Industrial Average fell 133. 2 points, or 0. 27%, to 49930. 26. The S&P 500 fell 56. 1 points, or…...
You can earn up to "69, 000 monthly income from "1 crore FD in small finance banks. Here's how
6+ hour, 49+ min ago (276+ words) Mint You can earn up to "69, 000 monthly income from "1 crore FD in small finance banks. Here's how Small finance bank FDs can help deliver attractive monthly income on "1 crore deposits, with senior citizens earning higher returns through competitive fixed deposit…...
Fuel price hike: logistics, quick commerce and consumer firms brace for higher costs
6+ hour, 10+ min ago (614+ words) The "3-per-litre rise in petrol and diesel prices is expected to increase supply chain costs across India, with logistics, quick commerce and consumer goods companies preparing for higher transport and delivery expenses amid weak demand and rising input costs. Several…...
A universal basic income won't solve the AI unemployment problem'here's what will
11+ hour, 21+ min ago (676+ words) There is a palpable fear among American workers that artificial intelligence (AI) is coming for their jobs. The answer to that fear, as I've argued, is to make job loss less scary by building a new unemployment programme. An overhaul…...
China and the US should sort out their own policies to tackle the imbalance that's straining their ties
12+ hour, 33+ min ago (649+ words) As Donald Trump and Xi Jinping engage in high-stakes talks in Beijing, the underlying context is that global imbalances are widening again, with the US and China at the centre. But the central economic problem between the world's two big…...
How fuel price hikes could impact inflation and your daily expenses; expert warns food, transport costs may rise
13+ hour, 43+ min ago (699+ words) After a gap of more than four years, fuel prices were raised across India on Friday, with petrol and diesel becoming costlier by "3 per litre and CNG prices increasing by "2 per kg in Delhi and Mumbai. The fuel price hikes…...
Emerging Currencies Dip as US Retail Data Boosts Dollar | Stock Market News
15+ hour, 10+ min ago (438+ words) Most emerging-market currencies fell Thursday on the back of a stronger dollar after US retail sales signaled consumer resilience in the world's largest economy despite sharply higher gasoline prices." The MSCI Emerging-Market Currency index edged lower, ending the session down…...
What "regime change" does Kevin Warsh have in mind at the US Federal Reserve?
17+ hour, 40+ min ago (350+ words) With the confirmation of Kevin Warsh as chair of the US Federal Reserve by the Senate, the curtains come down on one of the world's most talked-about appointments. He takes over on Friday from Jerome Powell, whose term has been…...