How to Read the Fed’s ‘Dot Plot’ Projections Like a Pro
The forecasts will offer a glimpse of the path for policy at a highly uncertain moment for economy — and the central bank. Source link
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Asian stocks today: Markets rise as Fed delivers third straight rate cut; silver hits record high
Asian markets traded higher on Thursday after the US Federal Reserve delivered its third consecutive interest rate cut, although gains were capped as policymakers hinted they could slow the pace of future reductions.The latest quarter-point cut, bringing borrowing costs to their lowest level in three years, had already been widely expected. Investors, however, drew comfort…
Holiday spending shows effects of an uneven economy.
Discount and higher-end retailers have reported stronger sales from consumers who are hunting for the best deals and long-lasting items. Source link
What is Trump’s Gold Card? Eligibility, benefits, price and how to apply – FAQs answered
US President Donald Trump on Wednesday (local time) launched the “Trump Gold Card,” offering legal status and an eventual pathway to United States citizenship for individuals and corporations willing to make large financial contributions.Announcing the rollout on Truth Social, Trump wrote, “The United States Government’s Trump Gold Card is here today! A direct path to…
A Surrogacy Firm Told Parents-to-Be Their Money Was Safe. Suddenly, It Vanished.
Surro Connections held itself out as a reliable business. Now, clients have lost as much as tens of thousands of dollars meant to compensate women carrying their pregnancies. Source link
Stock market today: Nifty50 opens flat; BSE Sensex near 84,350
Market watchers anticipate that trading will be influenced by global factors, particularly the US Federal Reserve’s monetary policy decisions. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Thursday. While Nifty50 was near 25,750, BSE Sensex was close to 84,350. At 9:18 AM, Nifty50 was…
DealBook Summit: Business Executives Share Tips for Leadership
Executives on a DealBook Summit task force panel said fear was not the way to build teams capable of navigating difficult times. Source link
Fed likely to cut rates, may signal pause
The US Federal Reserve is expected to cut interest rates on Wednesday as policymakers grapple with gaps in economic data caused by the recent govt shutdown and work through competing views about the risks facing the economy. The anticipated quarter percentage point cut may come with a non-committal approach to next year’s rate path given…
DealBook Summit: In a Tumultuous Era, Global Alliances and Practices Are Upended
While President Trump has made positive moves, panelists on a DealBook task force pointed to Ukraine, Venezuela and, especially, China as serious missteps. Source link
Uber launches B2B logistics service in Bengaluru
Uber is expanding into B2B logistics in India with Uber Direct, leveraging its bike fleet on the ONDC platform. This new service aims to generate revenue beyond rides and couriers by fulfilling grocery and food orders for partners like Zepto and KFC. Uber acts as a silent logistics provider, with customers unaware of their involvement….