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US stock market plunges in recession fears, rising unemployment, tech stock fall
The US stock market crashed due to investor concerns of a recession led by increase dunemployment, high interest rates for too long, and falling tech stocks
Published on Aug 03, 2024 11:23 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Gold surges to all-time high amid US rate cut expectations and demand from China
Strong Demand from China whose reserves are low, as well as September interest rate cut expectations from the US Fed drive up gold prices.
Published on Jul 17, 2024 11:30 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Why is gold price falling today after US Fed meeting outcome? Explained
This comes as US Fed maintained the status quo on interest rates and its commentary remained hawkish on rate cuts in 2024.
Published on Jun 13, 2024 12:31 PM IST
US Fed meet: Jerome Powell likely to signal a rate cut with one condition
Jerome Powell, chairman of the US Federal Reserve has said, 'if higher inflation does persist, we can maintain the current level of for as long as needed.'
Published on May 01, 2024 04:08 PM IST
AP |
Signature Bank investigated for criminal activities prior to collapse
Financial watchdogs and Justice Department officials have repeatedly warned that firms like Signature Bank handling crypto or related cash must be vigilant in identifying customers and ensuring money flows are for legitimate purposes.
Published on Mar 15, 2023 09:57 AM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar