Economy

US equity benchmarks rose slightly on Thursday ahead of the outcome of the US Federal Reserve’s policy meeting later in the day.  Benchmark averages extended gains from Wednesday and hit…

The Federal Reserve lowered its benchmark interest rate by 0.25 percentage points on Thursday, acknowledging a job market that has “generally eased” and ongoing progress toward its 2% inflation target.…

President-elect Donald Trump has secured victory in the 2024 election, overcoming Vice President Kamala Harris in a closely watched race. The former president, who previously held office from 2017 to…

The Biden administration is currently fast-tracking $9 billion in military aid to Ukraine. The outgoing president aims to shore up Kyiv’s defences before a leadership change that could drastically shift…

Following the election victory of Donald J Trump on Wednesday, while stocks rallied as investors showed optimism for Trump’s policies favouring tax cuts, deregulation, and government spending, bond market movements…

Donald Trump’s return to the White House marks a historic win. He is now only the second president, after Grover Cleveland, to serve non-consecutive terms. Trump’s victory signals a likely…

Brazil’s Finance Minister Fernando Haddad announced on Wednesday that the government has concluded discussions on new fiscal measures to stabilize the nation’s finances. The reforms aim to mitigate the risks…

With Donald Trump reclaiming the White House, ESG (environmental, social, and governance) fund managers are bracing for a renewed wave of GOP-led opposition. Trump’s return is expected to energize conservative…

The GBP/USD exchange rate retreated for six consecutive weeks, reaching its lowest level since August 12. It has retreated by almost 4% from its highest level this year as traders…