Gold advances to 2-month peak as U.S. rate cuts expected soon
Gold started March on a positive note, with prices rising to a two-month high on Friday after muted economic data hardened expectations of a U.S. interest rate cut by June.…
The U.S. national debt is rising by $1 trillion about every 100 days
The debt load of the U.S. is growing at a quicker clip in recent months, increasing about $1 trillion nearly every 100 days. The nation’s debt permanently crossed over to…
Biden announces U.S. will airdrop food aid into Gaza
President Joe Biden announced Friday that the U.S. will drop food aid into the Gaza Strip, noting that the humanitarian aid flowing into the region for Palestinians is insufficient. “Aid…
China calls on foreign businesses to share their problems as investment slumps
BEIJING — China’s Ministry of Commerce met with foreign businesses in Beijing this week in an effort to address operating challenges, but did not reveal much change on major issues.…
U.S. crude touches $80 for first time since November before OPEC+ decision
U.S. crude oil futures touched $80 a barrel for the first time in nearly four months, as signs point to a tightening market ahead of an OPEC+ decision on production…
Nasdaq surges more than 1% to take out 2021 record, S&P 500 closes above 5100 for the first time: Live updates
The Nasdaq Composite rose to an all-time high Friday, surpassing its 2021 record, as investors bet that megacap technology stocks were the best way to play slowing inflation and a coming artificial…
Google starts restoring Indian apps after meeting with govt: Report
A day after Google delisted several prominent Indian applications from its Play Store, the tech giant agreed to restore them on Saturday after a meeting with Union IT Minister Ashwini…
Why India should aspire for 10% GDP growth, not 8%
A lowering of India’s growth ambition is underway right now. A decade earlier, the ambition was to achieve a growth rate of 10%; now, increasingly, an 8% growth rate is…
China turns the tables on Wall Street
China is upending how the international financial system handles debt crises in the developing world. Wall Street isn’t happy. Large bond fund managers cried foul last month when China blocked…
FPIs turn net buyers in February, infuse ₹1,539 crore in Indian equities; Will inflows sustain in March?
Foreign portfolio investors (FPIs) snapped January's selling streak in Indian markets, and turned net buyers in February despite high US bond yields. However, the capital outflow from Indian equities by…
