United States

Moody's downgrades Signature Bank to junk, places six U.S. banks under review Synopsis The banks placed under review for downgrade are First Republic Bank, Zions Bancorporation, Western Alliance Bancorp, Comerica Inc, UMB Financial Corp…
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How US Fed's 25bps rate hike will impact Indian stock market today — explained US Fed rate hike: In two days Federal Open Market Committee (FOMC) meeting held during 21st to 22nd March 2023, the US Federal Reserve decided to raise interest…
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US interest rates raised to highest level in 16 years The US central bank has raised interest rates to the highest level in 16 years as it battles to stabilise prices. The Federal Reserve increased its key interest rate by 0.25…
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US should look South, not far East, on trade pacts Many economies in the Americas already have bilateral free trade agreements with Washington, offering a stronger base for nearshoring, deeper integration and higher standards The…
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Stock Market Today: Asia Follows Wall St Lower as US, Chinese Foreign Ministers Meet Asian stock markets have followed Wall Street lower after the top U.S. and Chinese diplomats agreed to cooperate during a meeting held at a low point in…
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US stock market news: Dow, Nasdaq and S&P500 ends sharply lower on deadlocked debt ceiling talks The S&P 500 benchmark index (.SPX) declined 1.12% to end at 4,145.58 points. The Nasdaq Composite (.IXIC) fell 1.26% to 12,560.25…
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Amid IT layoffs, this US firm plans to hire over 1,000 techies to expand India business Axtria Inc, a US based IT company specialised in life sciences industry, Sunday said it plans to hire over 1,000 people in data science, software…
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US inflation at lowest since 2021 as fuel prices fall Prices for eggs, petrol and furniture dropped in the US last month, helping to slash inflation to less than half of its peak a year ago. Inflation, the rate at which prices rise, was…
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US new home sales, business activity at 13-month highs Synopsis New home sales rose 4.1% to a seasonally adjusted annual rate of 683,000 units last month, the highest level since March 2022. The report added to labour market resilience,…
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US business activity unexpectedly quickens to a 13-month high US business activity grew in May by the most in over a year, powered by robust demand for services, while views about the economic outlook brightened. The S&P Global…
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