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US Federal Reserve cuts Key Interest Rate by 0.25 percent 2024-12-19 07:26:42
The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, signaling a future weakening in interest rates and triggering a sharp selloff in financial markets. Policymakers voted 11-1 to cut the central bank's key interest...
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Read MoreChina Imposes 15% Tariff on Coal, Gas Imports from USA 2025-02-04 14:17:10
Following President Donald Trump's announcement of a 10% tariff on imports from China, the Chinese government responded swiftly by imposing tariffs on various US products and initiating an investigation into Google. This development marks the resurgence of a trade conflict...
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Read MoreAir India CEO responds on Company's Revival 2024-11-29 10:03:23
Air India CEO Campbell Wilson, who has been criticized for poor service standards, infighting among employees and severely dilapidated interiors, said that it would take several years to revive the company. “The Economist called it the Everest of all corporate...
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Read MoreDonald Trump's Recession 'Cure' will be Worse than a Disease 2025-03-13 09:15:34
Is there a possibility of categorizing recessions as “good” or “bad,” akin to the distinction between good and bad cholesterol? This query arises as global markets contemplate the potential for a recession in the United States, the foremost economy that...
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Read MoreDonald Trump warns BRICS against Dollar Move 2025-01-31 13:40:17
On Friday, US President Donald Trump issued a stark warning to the BRICS countries, threatening to impose tariffs of 100 percent on their exports should they try to shift away from the US dollar as the leading currency in global...
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Read MoreDonald Trump delays Canada and Mexico Tariffs 2025-03-07 10:47:33
On Thursday, US President Donald Trump announced a postponement of certain tariffs aimed at Canada and Mexico, prompting Ottawa to suspend a series of countermeasures planned for implementation. This decision has brought a much-needed respite to both businesses and consumers...
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