US dollar gains as GDP, jobless claims confirm rate hike

Last Update: April 28, 2023, 02:41 IST The currencies of 22 central banks are pegged to…

US GDP expanded 1.1% in the first quarter

While the economy was not in recession last quarter, the outlook remains grim. file | Photo…

Elon Musk predicts ‘mild recession’ for 18 months, says inflation is peaking

Tesla Inc Chief Executive Elon Musk said he expects the US to be heading for a…

Inflation hits growth fears to trigger big volatility in bond market

premium Federal Reserve Chairman Jerome Powell (Photo: AFP) read 5 minutes , Updated: June 21, 2022,…

Bank investors should wait to reap the benefits of rising interest rates

Rising interest rates are going to be good for banks. some day. JPMorgan Chase on Friday…

US economic growth slows sharply to 2% in third quarter

Disrupted by rising Covid-19 cases and persistent supply shortages, the US economy slowed to a 2%…