latest Economy news, data and analysis - EconoTimes
WEB4 days ago · EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and ...
Federal Reserve Rate Cut Expected to Downshift, But Larger
WEB1 day ago · Thursday, October 3, 2024 4:15 AM UTC. During its remaining policy meetings this year, the Federal Reserve is expected to downshift to smaller interest rate cuts. However, a sharp downturn in the ...
U.S. Dock Workers Strike Ends with Tentative Wage Deal
WEB9 hours ago · The U.S. dock workers strike has officially ended following a tentative agreement between dock workers and port operators, putting a stop to a crippling three-day strike that halted shipping ...
latest commentaries and research from top banks - EconoTimes
WEB6 days ago · Sep 25, 2024 14:54 pm UTC | Commentary. Existing home sales dropped 2.5% month-over-month to an annualized rate of 3.86 million units in August, slightly below the market expectation of 3.9 ...
Is It Still a Good Time to Invest in China's Market? HSBC
WEB8 hours ago · Chinese policymakers have recently unveiled various monetary, fiscal, and equity market stimulus measures, leading to a significant surge in the FTSE China A50 index.The market jumped by 28% in ...
Fed's Powell Signals More Rate Cuts, Emphasizes Data
WEB3 days ago · Tuesday, October 1, 2024 3:19 AM UTC. Federal Reserve Chairman Jerome Powell signaled Monday that the Federal Reserve may continue adjusting interest rates toward a more neutral level but ...
Markets Brace for Key Jobs Report, Powell’s Remarks, and
WEB4 days ago · The Federal Reserve kicked off its rate-cutting cycle earlier this month with a 50-basis-point cut. The upcoming October nonfarm payrolls report, expected on Friday, will be closely watched ...
Chinese Stocks Rally as Beijing Rolls Out Major Stimulus Measures
WEB4 days ago · Monday, September 30, 2024 9:04 AM UTC. Chinese stocks extended a powerful rally on Monday, with mainland markets poised for their best month in nearly a decade. Beijing's stimulus efforts to halt ...
China’s $25 Billion Chipmaking Investment in H1 2024
WEBSep 3, 2024 · China's relentless drive to bolster its chipmaking capabilities saw a record $25 billion spent on equipment in the first half of 2024, eclipsing the combined expenditures of the U.S., South Korea ...
Fed Faces Decision Between 25 or 50 Basis Point Rate Cut
WEBSep 13, 2024 · The Federal Reserve faces tough choices between a 25 or 50 basis point rate cut amid uncertainty. Credit: EconoTimes. Friday, September 13, 2024 4:34 PM UTC. The Federal Reserve is grappling with ...