Oct 28, 2021 06:21 PM IST
The government’s estimate Thursday of a 2% annual increase in GDP last quarter was even lower than economists’ forecasts for a significant slowdown in growth.
- Sep 30, 2021 06:50 PM IST
During the first half of the year, the economy was being boosted by vast federal support for the recovery from the pandemic recession — trillions of dollars in individual stimulus payments, expanded unemployment aid and help for small businesses.
- Aug 26, 2021 07:16 PM IST
The slight rise in the government's estimate for April-June growth reflected, in part, stronger business investment and export sales.
- Jul 29, 2021 06:45 PM IST
The gain reported by the Commerce Department meant the world's largest economy surpassed its pre-pandemic size, climbing above its level in the fourth quarter of 2019 to $19.4 trillion.
- Apr 26, 2021 07:25 AM IST
MSCI's broadest index of Asia-Pacific shares outside Japan jumped 0.3% to surpass critical chart resistance of 700 points and reach its highest since March 18.
- Mar 25, 2021 08:24 PM IST
Initial claims for state unemployment benefits tumbled 97,000 to a seasonally adjusted 684,000 for the week ended March 20, the lowest level since mid-March.
- Oct 29, 2020 06:29 PM IST
Gross domestic product rebounded at a 33.1 percent annualized rate last quarter, the Commerce Department said in its advance estimate on Thursday.
- Oct 28, 2020 04:18 PM IST
This GDP report will be particularly closely watched, arriving as the last major piece of economic data before Election Day on Tuesday
- Sep 02, 2020 10:35 AM IST
Although the recent policy statement by Powell seems like a small victory for labour, MMTers have warned that the Fed is likely to revert to its old ways after the economic crisis unleashed by the pandemic abates
- Mar 17, 2020 08:05 PM IST
The global investment bank expects combined monetary and fiscal easing to help revive the global economy from 3QCY20, but a contraction in YoY growth in 1HCY20 still looks inevitable.
- Dec 20, 2019 11:06 AM IST
U.S. Treasury Secretary Steven Mnuchin said on Thursday the United States and China would sign their so-called 'Phase one' trade pact at the beginning of January, adding that it would not be subject to any renegotiation.
- Apr 26, 2019 09:55 AM IST
Spot gold was up 0.1 percent at $1,278.62 per ounce, as of 0334 GMT. The metal rose 0.4 percent so far this week, and is poised for its first gain since the week ended March 22.
- Jun 29, 2015 06:44 PM IST
While the demand is expected to fall the supply is expected to show continuous expansion. Put simply the prices should remain under pressure
- Apr 30, 2015 07:49 AM IST
Volatility ruled the market on Wednesday with the Nifty ending at 8239.75, down 45.85 points or 0.5 percent while the Sensex was down 170.45 points or 0.6 percent at 27225.93
- Nov 07, 2014 08:57 AM IST
Jonathan Garner, MD, Morgan Stanley Research has a near-term Sensex target of 29000. He believes it could overshoot 29,000 in the medium-term.
- Oct 31, 2014 04:56 PM IST
In fact it was a strong start to the November series on hopes of more reforms from the Narendra Modi government (following diesel deregulation, gas price hike etc) in near future.
- Dec 03, 2013 08:21 AM IST
A gauge of US factory activity hit a 2-1/2-year high in November and construction spending increased solidly in October, in the latest indication the economy was gaining strength despite fiscal headwinds.
- Aug 02, 2013 11:51 AM IST
Positive jobless benefits and factory activity data followed stronger-than-expected US GDP numbers this week. Spot gold fell 0.1 percent to USD 1,306.15 an ounce by 0333 GMT, bringing losses this week to 2 percent.
- Jul 02, 2013 09:39 AM IST
Goldman Sachs says it has ended a recommendation to buy a basket of US stocks with the highest sales exposure to Brazil, Russia, India and China (BRIC) and instead prefers US firms with most exposure to the domestic market â€“ just one more sign that sentiment towards emerging markets is fading fast.
- May 07, 2013 11:23 AM IST
Emkay Commodity Research has come out with its report on "Overview of Global Economy and its effect on Gold & Silver". According to the research firm, gold continues to remain bearish after attaining extended targets in the quarterly reports as uncertainty in the Euro zone eases and the US economy shows signs of improvement.
- May 01, 2013 12:59 PM IST
China`s official Purchasing Managers` Index (PMI) for April dipped to 50.6 from a March figure of 50.9, according to data from the National Bureau of Statistics, missing a Reuters forecast of 51.0.
- Mar 09, 2013 12:36 PM IST
CARE Ratings has come out with its report on "impact of US Expenditure Cuts". According to the rating agency, the US accounts for nearly 22% of World GDP and moderation in the US economy is bound to impact global growth prospects.
- Dec 14, 2012 01:39 PM IST
In an interview to CNBC-TV18 Henry Mcvey, managing director, KKR shared his reading and outlook on the US markets. He says, with the extension of quantitative easing three (QE3), Fed is basically is trying to create a buffer to prevent deflation and also prepare the markets for risk taking in 2013.
- Oct 27, 2012 12:46 AM IST
Spot gold prices eked out small gains on Friday after data showed US economic growth picked up in the third quarter, but the metal was heading for its first three-week loss in more than a year on uncertainty over the future of the US Federal Reserve's monetary stimulus.
- Aug 29, 2012 10:20 AM IST
Karvy Commodities Broking has come out with its report on bullion. The research firm has recommended investors to remain long in Silver from lower levels.