Tag Archives: business news

Tourists walk under colorful lanterns at Beijing Nangong Tourist Resort during the Spring Festival holiday on January 23, 2023 in Beijing, China. The Chinese Lunar New Year, or Spring Festival, falls on January 22. Vcg | Visual China Group | Getty Images China’s onshore A-shares were hovering close to bull …

The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week’s policy meeting.  This time, Fed officials likely will approve a 0.25 percentage point increase as inflation starts to ease, a more modest pace compared with earlier super-size moves in 2022. Still, any boost in …

Adani Enterprises tick up while group affiliates continue plunge Shares of Adani Enterprises rose 10% after seeing sharp-losses in the previous sessions as its Chief Financial Officer voiced confidence in its follow-on public offering that is slated to close on Jan. 31. The stock is is still down more than …

A pedestrian walks past the Bombay Stock Exchange (BSE) building in Mumbai on January 27, 2023. | Photo Credit: PTI The story so far: On January 27, stock markets in India concluded its transition to the T+1 settlement regime. It has became the second largest market after China to have …

CNBC’s Jim Cramer on Friday told investors to steer clear of stocks in the Nasdaq Composite and instead place their bets on names listed in the Dow Jones Industrial Average. “Even though tech has started the new year strong, and it was crazy good today, the charts, as interpreted by …

U.S. House Republican Leader Kevin McCarthy (R-CA) gives two thumbs up in the direction of Republican Conference Chair Elise Stefanik (R-NY) and Republican Whip Steve Scalise (R-LA) after casting his own vote for himself in the 12th round of voting for a new Speaker on the 4th day of the …

Palladium falls 3% The price of palladium fell more than 3% to hit $1,614.37 per ounce at 3.40 p.m. London time. Palladium prices soared in 2022 after Russia, the metal’s biggest exporter, invaded Ukraine. The global economic slowdown has since driven down palladium prices. Palladium, gold and silver prices all …

By most measures, the U.S. economy is in solid shape. Although the first half of 2022 started off with negative growth, a strong labor market and resilient consumer helped turn things around and give hope for the year ahead. Gross domestic product, which tracks the overall health of the economy, …

Gen Z may find it difficult to think about retirement planning, saving, and investing. Due – Due And, for good reason. Stock markets, especially the S&P 500, have been in turmoil as young workers begin their careers. A recession is also on the horizon. It has also been difficult for …

Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee. benedek | iStock | Getty Images Despite broad hikes in rental prices, competition is easing in some U.S. markets as inventory grows, according to a new report from national real estate brokerage HouseCanary. At …