Latest PCE inflation report would justify first-half Fed rate cut: CMC
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
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Wall Street surges as inflation eases
The Dow Jones Industrial Average surged more than 700 points on Wednesday, marking its best day since November. The S&P 500 ...
M.V. Jayarajan demands Vigilance probe into alleged corruption in Kannur Corpn.’s waste management
CPI leader calls for Vigilance probe into alleged corruption in Kannur Corporation, citing financial irregularities and mismanagement.
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Economic Survey 2025 Live Updates: CEA Anantha Nageswaran bets on boost to growth, consumption and innovation!
Budget 'State of the Economy' Document Live Updates: President Droupadi Murmu, while addressing the Budget Session of the ...
Renewed US tariff threat doesn't stop equities from marching higher
Overview: The renewed threat of a 25% tariff on Canada and Mexico as soon as tomorrow has lifted the US dollar broadly and ...
European Midday Briefing: Stocks Rise, Buoyed by ECB Rate Cut
The big test for product comes in 2026, when VW tries to play catch-up in electric vehicles with four models priced below 25,000 euros, according to industry analyst Matthias Schmidt. The U.K.'s ...
Inflation rose to 2.6% in Fed’s preferred gauge in December
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
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Dollar Rises on US Plans to Impose Tariffs
Friday rose by +0.58% and posted a 1-week high. The dollar rose Friday on increased safe-haven demand from President Trump’s threat to impose 25% tariffs on goods from Canada and Mexico and a 10% ...
Stocks Jump In January Amid Solid Macro Data, Strong Earnings
January 2025 saw strong gains in US and international equities, led by Health Care sector performance and concerns about inflation. Click for my monthly recap.
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
Outsiders, political leaders allowed into Vengaivayal after two years for funeral
For the first time in two years, outsiders and political party representatives were allowed entry into Vengaivayal, as the village witnessed the funeral of Karuppayi, 84, the grandmother of one of the ...
How much the cost of buying alcohol is increasing from Saturday
Consumers will see the price of alcohol rise from Saturday (the day that marks the end of dry January) when a hike in tax and duties comes into effect. The alcohol tax itself will rise in line with ...