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Global financial markets are awaiting the release of the latest US inflation data on Wednesday, with investors looking for fresh clues on the Federal Reserve’s interest rate path after weaker-than-expected…
US consumer inflation rose modestly in July, matching economists’ expectations and potentially reducing the urgency for the Federal Reserve to raise interest rates next month as policymakers weigh easing price…
Wholesale inflation in the United States remained subdued in July, coming in below economists’ expectations and adding to evidence that price pressures may be easing after a surge earlier this…
The popular iShares 20+ Year Treasury Bond ETF (TLT) has slumped into a correction as its outflows rose and as long-term US bond yields rose. It is also under pressure…
The US labor market unexpectedly contracted in July, with nonfarm payrolls posting their first monthly decline in years as hiring weakened across several sectors, reinforcing concerns that employment momentum is…
The US government has returned about $100 billion to businesses that paid Donald Trump’s “Liberation Day” tariffs. The amount includes duties and interest and covers more than half of the…
For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according to investors. The company reported revenue in its first quarterly…
The Reserve Bank of India (RBI) on Wednesday kept its benchmark repo rate unchanged at 5.25% and retained its neutral monetary policy stance, choosing to wait for greater clarity on…
Hiring at US private companies slowed sharply in July, with healthcare accounting for the bulk of new jobs as employers adopted a more cautious approach to recruitment amid shifting economic…
