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S&P Global Ratings revised Saudi Arabia's outlook to positive, highlighting strong non-oil growth and economic resilience. The upgrade reflects potential for further reforms and investments in diversifying the economy.
London's FTSE 100 and FTSE 250 indexes climbed, led by precious metal miners. Gold prices hit record highs as investors anticipate potential US interest rate cuts, while UK inflation expectations fell to a three-year low.
Amid ongoing legal battles over student loan forgiveness, borrowers face uncertainty. This article examines the current state of loan relief programs and offers guidance for those affected by recent developments.
Asian stocks showed mixed performance as U. S. markets approached record levels. Economic reports and central bank expectations influenced market sentiment, while oil prices saw modest gains.
Former President Trump plans a speech on cryptocurrency and his family's new crypto platform, blending politics and business 50 days before the election. He promises to make the US a crypto leader.
Former President Donald Trump announces plan to eliminate taxes on overtime pay as part of broader tax reform. The proposal comes amid a tight race with Vice President Kamala Harris for the upcoming presidential election.
India's August retail inflation slightly exceeded expectations at 3. 65%. Economists analyze potential RBI actions, considering core inflation trends and future projections amidst evolving economic conditions.
U. S. wholesale prices rose modestly in August, indicating cooling inflation. This trend may prompt the Federal Reserve to consider interest rate cuts, aligning with actions of other central banks globally.
Gulf stock markets show positive trends following U. S. inflation data. Federal Reserve expected to cut rates, impacting Gulf monetary policies. Saudi Arabia's non-oil sector experiences slight growth recovery.
Asian shares rise, buoyed by Wall Street's tech-driven rally. Japan's Nikkei 225 soars 2.8% amid currency fluctuations and concerns over Nippon Steel's U.S. acquisition bid.
Indian equities set to rise on potential foreign inflows following U. S. inflation data. Expectations of a Fed rate cut boost market sentiment, with IT and pharma sectors likely to benefit.
Atlanta Federal Reserve President Raphael Bostic violated financial disclosure rules, an internal watchdog reports. No evidence of insider trading found, but 154 trades occurred during restricted periods.
In the first debate, Harris and Trump avoid grand fiscal plans, reflecting fiscal constraints. Both candidates propose limited economic measures, acknowledging the challenges of government spending in the upcoming election.
August inflation data likely to show easing, prompting potential Fed rate cut. Housing costs drive inflation, but real-time indicators suggest rent decreases. Political and economic implications loom as Fed shifts focus.
London's FTSE indices show modest gains, with mining stocks leading. Investors cautiously await U.S. inflation data as UK economy stagnates. Rentokil plans job cuts, while WH Smith reports revenue growth.
US inflation may have reached its lowest point in three years, potentially leading to Federal Reserve interest rate cuts. This development could impact the upcoming presidential election and economic policies.
Indian shares expected to open flat as markets await crucial U. S. inflation data. Global sentiment mixed with subdued Asian markets and positive Wall Street performance, while oil prices hit multi-year lows.
U. S. Treasury Secretary Janet Yellen tested positive for COVID-19 but continues her duties from home. The diagnosis follows her recent promotional trip for the Biden administration's economic initiatives.
Federal Reserve's top regulator Michael Barr announces softer capital requirement rules for major U. S. banks, reducing the proposed increase from 19% to 9%. Changes address industry concerns while maintaining key reforms.
Indian shares set to open higher, mirroring global market recovery. Investors eye U.S. inflation data and Fed decision, while GST cuts on cancer drugs and snacks draw attention.
Andrew Ackerman, with over 13 years of experience in financial regulation reporting, is set to cover the Federal Reserve and regulatory policy for The Washington Post, bringing his expertise from the Wall Street Journal.
Rachel Siegel, former Federal Reserve reporter, transitions to cover housing and real estate economics at The Washington Post. Her new role, starting October 1, will focus on the critical issues facing the U.S. housing market.
Gulf stock markets show caution ahead of crucial U. S. inflation data. Saudi GDP contracts in Q2, while regional indices experience mixed performance amidst economic uncertainty.
Upcoming reports from Dave & Buster's and Kroger, along with the August inflation data, are set to provide insights into consumer spending and economic trends in the United States.
London's FTSE 100 bounced back after six days of losses, led by travel and leisure stocks. Investors anticipate crucial labour market data, seeking insights into potential Bank of England policy shifts.
Asian stocks fell following weak U. S. job data, sparking economic concerns. Japan's GDP growth disappoints, while Chinese markets face losses due to inflation data, impacting global financial sentiment.
Indian stock market expected to open flat as U. S. economic worries persist. Investors cautious with local stocks near record highs, awaiting crucial U.S. inflation data for Fed rate cut insights.
U. S. markets fell on Friday, with tech stocks hit hard. Investors grapple with mixed economic data and potential interest rate changes, leading to increased market volatility.
South African rand holds steady while government bond hits three-year high. Markets anticipate U.S. jobs data for Federal Reserve rate decision cues. Improved investor sentiment boosts local bonds.
August saw an increase in US hiring and a drop in unemployment, indicating a resilient job market. The Federal Reserve may consider interest rate cuts as inflation approaches its target.
