Latest in India cuts rates for first time in nearly 5 years to combat slowing growth
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Inflation will slow this year, allowing Fed to cut rates further, says former St. Louis Fed chief
Former St. Louis Federal President James Bullard said that inflation will slow markedly this year, allowing the central bank to continue to lower interest rates.MarketWatch - 3d -
India set for blockbuster IPO year despite slowing economic growth
Public flotations could raise more than $23bn in 2025 as local demand keeps valuations highFinancial Times - 5d -
European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.The New York Times - Jan. 31 -
10-, 30-year Treasury yields end at 2025’s lowest levels amid slowing growth
Yields on U.S. government debt finished slightly lower on Thursday, as traders focused on data that showed economic growth slowing in the U.S. and stalling in three European countries at the end of ...MarketWatch - Jan. 30 -
ECB decision: Interest rates cut to nearly 2-year low — and more easing likely
The European Central Bank on Thursday cut interest rates by a quarter of a percentage point, saying it expects inflation to fall back to its target later in the year and signaling that further ...MarketWatch - Jan. 30 -
European Central Bank cuts interest rates to support growth as eurozone economy stagnates - as it happened
Live coverage of business, economics and financial news as ECB cuts main interest rate by 0.25 percentage points in effort to support European economies. It was a flash reading on the Eurozone ...The Guardian - Jan. 30 -
India's finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?
This is the coalition government's first full-year budget after its assuming power in June.CNBC - Jan. 30 -
India’s Modi faces budget challenge as economy slows
Finance minister under pressure to revive growth while maintaining fiscal disciplineFinancial Times - Jan. 30 -
DoubleLine’s Gundlach says his base case is one rate cut this year, two reductions maximum
"It's going to be a slow process to get to a hurdle to cut rates again. … I don't think you're going to see a cut at the next Fed meeting," Gundlach said.CNBC - Jan. 29 -
Wall Street still sees two rate cuts this year, but conviction is getting weaker, CNBC survey finds
Respondents dialed back their expectations for interest rate cuts but still believe the central bank will ease this year.CNBC - Jan. 28 -
India, China to Resume Direct Flights After Nearly Five Years
It was the latest thaw in relations between the two countries, whose troops were involved in deadly skirmishes high in the Himalayas in 2020.The New York Times - Jan. 28 -
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India and China agree to resume direct flights for first time in five years
The development is the latest sign of thaw in diplomatic relations between the world’s two most populous nations. India and China have agreed in principle to resume direct flights between the two ...The Guardian - Jan. 28 -
5 Dumpling Recipes in Time for Lunar New Year
Just in time for Lunar New Year, Cooking writers share the dumplings they love most, with recipes and videos for how to make them.The New York Times - Jan. 27 -
5 Economic Forces that Could Shape Trump’s First Year of Presidency
The economy won’t exactly bend to Trump’s whims.Inc. - Jan. 24 -
Singapore eases monetary policy for first time in 4 years
City-state’s central bank cites ‘trade frictions’ as it trims growth and inflation forecasts for 2025Financial Times - Jan. 24 -
Texas Instruments finally sees growth on the horizon, but it’s a slow recovery
The semiconductor company predicts a return to growth after more than two years of revenue declines, but the industrial and automotive markets have yet to bottom.MarketWatch - Jan. 24 -
Singapore eases monetary policy for the first time since 2020, warns of growth slowdown
The Monetary Authority of Singapore said it will reduce slightly the slope of its exchange rate policy band.CNBC - Jan. 24 -
Zack Steffen plays first US match in nearly 3 years in 3-0 friendly win over Costa Rica
Goalkeeper Zack Steffen played his first international match in nearly three years, Brian White and Caden Clark scored their first national team goals and the United States beat Costa Rica 3-0 in ...ABC News - Jan. 22 -
Birth rate in South Korea, the world's lowest, set to rise for the first time in nine years
South Korea’s birthrate is set to show a rise in 2024 for the first time in nine years, following a rebound in marriages that were delayed due to the pandemic.NBC News - Jan. 22 -
India’s Economy Slows Down Just When It Was Supposed to Speed Up
Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing India’s drive to become a developed economy.The New York Times - Jan. 21 -
Dick Vitale, now cancer-free, returning to broadcasting for first time in nearly 2 years
After numerous cancer battles, Vitale announced earlier this month his vocal cords are cancer-free.Yahoo Sports - Jan. 17 -
China’s economy hits 5% growth target but rate among slowest in decades
Latter part of 2024 ‘recovered remarkably’ after stimulus measures, says National Bureau of Statistics. Business live – latest updates China’s economy grew by 5% in 2024, in line with ...The Guardian - Jan. 17 -
China’s GDP growth hits 5% target for 2024
Analysts and officials warn of threat from tariffs and weak consumer demandFinancial Times - Jan. 17 -
First Horizon CEO says he's cautious about interest rate cuts in 2025
CNBC's Jim Cramer highlights the regional bank space, talking with First Horizon CEO Bryan Jordan.CNBC - Jan. 16 -
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The latest jump threatens to sideline more buyers and sellers.The New York Times - Jan. 16 -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - Jan. 16 -
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...CBS News - Jan. 15 -
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.CNBC - Jan. 15 -
BoE may need to speed up rate cuts in coming year, policymaker says
Alan Taylor says stalling UK economy raises risks that five or six reductions will be neededFinancial Times - Jan. 15 -
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - Jan. 14 -
Meta announces 5% cuts in preparation for 'intense year.' Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.NBC News - Jan. 14 -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - Jan. 13 -
India’s Maha Kumbh Mela festival gets under way for first time in 144 years
The grand version of the 12-yearly Hindu pilgrimage is expected to draw more than 400 million devotees. The world’s largest religious gathering kicked off on Monday as millions of Hindu devotees ...The Guardian - Jan. 13 -
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.MarketWatch - Jan. 11 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
The Slow Growth of Hand-Painted Clothes
In an era of fast fashion, some yearn for clothing with a personal touch.The New York Times - Jan. 9
