Consumer prices would have fallen if not for Trump's tariffs, New York Fed says
Prices for many consumer goods would have dropped throughout most of 2025 and through early 2026 were it not for tariffs, according to the New York Fed.
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Tech stocks drag Nasdaq lower on report of OpenAI revenue fall, high yields
US equity indexes fell, influenced by megacap technology stocks and concerns regarding OpenAI's revenue performance. The Nasdaq 100 and S&P 500 saw declines as the...
US Stock Market Today LIVE: Dow Jones Slips 0.01%, S&P 500 Falls 0.19% & Nasdaq Edges Lower as Oil Surge, Treasury Yields Hit Amid October Fed Rate Hike Uncertainty — Check What Investors Should Know
US stocks turn mixed as oil tops $104, Treasury yields stay elevated and investors weigh Fed rate risks, AI valuations and the coming earnings season. The post US...
Rs 50,000 basic salary: How long could it take to build a Rs 2.23 crore EPF corpus?
Regular contributions, salary increases and compounding can turn a modest monthly EPF contribution into a sizeable retirement fund.
IMF warns AI boom, energy shock, debt risks faces global economy
By Anjali Sharma WASHINGTON – IMF head Kristalina Georgieva on Wednesday warned that the global economy is facing several inflationary pressures at the same time...
Concern as Kenyans in U.S., Saudi Arabia Cut Money Sent Home
The U.S. has always been Kenya’s biggest source of diaspora remittances, accounting for about 43.5 per cent of cash remittances received by Kenyan households.
Euro steadies as US yields retreat, traders assess Fed and ECB signals
EUR/USD rebounds during American trading hours on Thursday as a pullback in US Treasury yields tempers the US Dollar’s (USD) momentum. However, France’s fiscal...
Your Student Loan Tax Bomb Could Be $12,000, Report Finds
The report's author predicts "financial disaster" for the millions of borrowers who will be affected in the coming decade.
US jobless claims hover near 57-year low for fourth consecutive week
In a recent report, weekly unemployment claims saw a slight drop of 2,000, totaling 197,000, which suggests some stability within the job market. Nonetheless...
Bangladesh Bank expands NRCTA access to authorised dealer banks
The revised framework allows NRBs to use account balances for domestic payments, investments and eligible foreign currency purchases, while permitting banks to use...
Wells Fargo-supported Fund Aims to Refinance MCAs
Sixty-one percent of all deals funded by Founders First Capital Partners went toward refinancing merchant cash advances. That’s intentional, according to the...
Mozambican banks state that account freezing is strictly preventive
The Mozambican Association of Banks (Associação Moçambicana de Bancos – AMB) clarified this Thursday that the freezing of accounts and impoundment of balances...