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Donald Trump says he has ‘no intention’ of firing Fed chief Jerome Powell
The president unleashed a tirade against Jerome Powell last week right before the European Central Bank lowered its benchmark rate by a quarter point to 2.25%.
Published on Apr 23, 2025 03:47 AM IST
Bloomberg |
Iran bombing ‘very real’ if Donald Trump’s planned nuclear talks…: Report
The US is boosting its military presence in the region, sending a second aircraft carrier strike group and B-2 Spirit stealth bombers to the Middle East.
Updated on Apr 09, 2025 01:56 PM IST
Donald Trump says 'time to get rich' as Dow Jones crash sparks recession fears
Following President Trump's tariffs, US markets plummet, with a $6 trillion loss affecting investments by Americans.
Published on Apr 05, 2025 08:43 AM IST
HT News Desk | Edited by Nikita Sharma
Gold pauses after hitting record high amid Trump tariffs stoking trade war fears
US President Donald Trump threatened to charge a 200% tariff on imports of European wines and spirits after the EU imposed a 50% tax on American whiskey.
Published on Mar 14, 2025 09:09 AM IST
Donald Trump wants Education Dept to shut immediately: 'It's a big con job'
Trump called for the immediate closure of the federal Department of Education on Wednesday.
Updated on Feb 13, 2025 05:03 AM IST
Implications, backlash: All about Trump's deferred resignation offer
The Trump administration proposed a deferred resignation program for federal employees, offering severance pay and benefits until September.
Updated on Jan 30, 2025 09:44 AM IST
Nikita Sharma
Rupee hits an all-time low amid strengthened dollar and volatile equities
Dollar sales from state-run banks helped to limit the rupee's losses, though they weren't very aggressive
Published on Jan 09, 2025 07:33 AM IST
US stock market plunges in recession fears, rising unemployment, tech stock fall
The US stock market crashed due to investor concerns of a recession led by increase dunemployment, high interest rates for too long, and falling tech stocks
Published on Aug 03, 2024 11:23 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Gold surges to all-time high amid US rate cut expectations and demand from China
Strong Demand from China whose reserves are low, as well as September interest rate cut expectations from the US Fed drive up gold prices.
Published on Jul 17, 2024 11:30 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Why is gold price falling today after US Fed meeting outcome? Explained
This comes as US Fed maintained the status quo on interest rates and its commentary remained hawkish on rate cuts in 2024.
Published on Jun 13, 2024 12:31 PM IST
US Fed meet: Jerome Powell likely to signal a rate cut with one condition
Jerome Powell, chairman of the US Federal Reserve has said, 'if higher inflation does persist, we can maintain the current level of for as long as needed.'
Published on May 01, 2024 04:08 PM IST
AP |
Signature Bank investigated for criminal activities prior to collapse
Financial watchdogs and Justice Department officials have repeatedly warned that firms like Signature Bank handling crypto or related cash must be vigilant in identifying customers and ensuring money flows are for legitimate purposes.
Published on Mar 15, 2023 09:57 AM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
Silicon Valley Bank collapse: 96 hours after biggest US bank failure in 15 years
The measures taken by Biden administration as Silicon Valley Bank failed seem, at least so far, to have stemmed any broader run on banks. They came after under heavy pressure from California's tech industry to act, and fuelled several long and dramatic days in Washington and beyond.
Updated on Mar 15, 2023 10:14 AM IST
Reuters | | Posted by Singh Rahul Sunilkumar