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Global markets update: US, European stocks gain amid debt ceiling talks
Global markets update: US, European stocks gain amid debt ceiling talks
S&P 500 gains 0.31%, Dow Jones Industrial Average adds 0.17%, Nasdaq Composite rises 0.66%
US stock indices rose on Monday amid ongoing debt ceiling…
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All eyes on US inflation data to be released today
All eyes on US inflation data to be released today
Today, the Bureau of Labour Statistics will release the most recent US inflation numbers for April.
Global investors will be watching the next set of US CPI data with bated breath. This…
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US inflation beat forecasts in April but remained high at 4.9%
US inflation beat forecasts in April but remained high at 4.9%
Annual rate has fallen sharply since hitting 40-year high last June but prices are still rising at a rate over twice the Fed’s target
The price of goods and services in the…
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$10,000 Asia-US Business Class Tickets Sold For $300 After Airline Blunder
$10,000 Asia-US Business Class Tickets Sold For $300 After Airline Blunder
ANA Holdings Ltd. said today the mistake stemmed from an error on its Vietnam website, which listed an erroneous currency conversion.
Eagle-eyed travelers…
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U.S. business investment downturn could pressure slowing economy
U.S. business investment downturn could pressure slowing economy
U.S. business investment contracted more sharply than previously estimated in the second quarter and corporate profit growth was tepid, casting a shadow on an economy that is…
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Gold Price Today: MCX Gold trades lower ahead of US inflation data; what should be your strategy?
Gold Price Today: MCX Gold trades lower ahead of US inflation data; what should be your strategy?
Economic uncertainty is considered positive for gold prices since investors consider yellow metal as a safe investment when the economy is…
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Gold eases as investors brace for US inflation data
Gold eases as investors brace for US inflation data
Synopsis
Gold prices in Asia declined slightly as investors remain cautious ahead of the U.S. inflation data to be released on Wednesday. Spot gold decreased by 0.1% at $2,020.22 per…
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US Chamber of Commerce warns of rise in risks for businesses in China
US Chamber of Commerce warns of rise in risks for businesses in China
Synopsis
"The services these firms provide are fundamental to establishing investor confidence in any market, including China," the chamber said in a statement, without…
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ChatGPT popularity impacts US tech company, almost 50% market value wiped off
ChatGPT popularity impacts US tech company, almost 50% market value wiped off
Ed-tech company Chegg signaled that the increasing popularity of ChatGPT was impacting its customer growth rate
Generative AI tool ChatGPT has caused a…
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Uday Kotak clarifies after calling U.S. dollar ‘biggest financial terrorist’
Uday Kotak clarifies after calling U.S. dollar ‘biggest financial terrorist’
Business tycoon and Kotak Mahindra Bank chief executive officer Uday Kotak has clarified his remarks made at a corporate event, in which he called the U.S. dollar…
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