Evercore ISI, an investment advisory institution, says the Fed (Federal Reserve) is waiting for the August jobs report data to decide on possible interest rate cuts. The analysis indicates that, …
Economy
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The US and China have signed an agreement to strengthen cooperation between the countries to ensure financial stability “amid intensifying fluctuations in global financial markets.” The announcement was made by …
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Economy
The Reserve Bank kept the repo rate unchanged for nine consecutive times! Foreign exchange savings have set precedents
The Reserve Bank of India (RBI) remained active in relieving middle-class citizens from debt burden. The repo rate (the rate at which the RBI lends short-term loans to commercial banks) …
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The GDP (gross domestic product) of the United States grew 2.8% in the 2nd quarter of 2024. The result is 1.4 percentage points higher compared to the first quarter, when …
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Jerome Powell, the president of the Federal Reserve, announced on Monday, July 15, 2024, that the US central bank will begin reducing interest rates without waiting for inflation to hit …
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The prices of potatoes, tomatoes, and onions, which are regularly used in home cooking, have increased by 15% to 58%. But in this situation, the central government has claimed that …
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Economy
New Milestone: Nvidia reached $3 trillion in market value for the first time and surpassed Apple
Shares of the Silicon Valley chipmaker gained 5.2% to $1,212.89, giving Nvidia a stock market value of $3.01 trillion. Shares of artificial intelligence chip maker Nvidia were trading at all-time …
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Economy
Salesforce stock price crash: The company’s worth drops by almost $50 billion in a single day
Salesforce, a tech company based in San Francisco, saw its valuation drop by tens of billions this week following the release of a quarterly financial report that revealed less than …
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Over the past 24 hours, both Bitcoin (BTC) and Ethereum (ETH) have shown significant price increases. This increase is mainly due to positive news from the United States that is …
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The government supported investments for the Ukrainian state. The Ministry of Finance of Austria announced the creation of a fund worth 500 million euros to support Austrian exports to Ukraine. …