Trump’s trade push shrinks US deficit, yet India stays a key gap partner
Fresh US data shows a narrowing trade gap under new policies, but India continues to rank among the largest contributors to America’s goods trade deficit.
Fresh US data shows a narrowing trade gap under new policies, but India continues to rank among the largest contributors to America’s goods trade deficit.
"I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best. On top of everything else, he is 'central casting,' and he will never let you down."
A strong US jobs report has reignited uncertainty in global markets, challenging assumptions about the Federal Reserve’s future rate cuts. The unexpected surge in employment numbers, with over 100,000 more jobs than anticipated, has cast doubt on the necessity for steep rate reductions this year.
The debate over whether the US economy has performed better under President Joe Biden or his predecessor, Donald Trump, is central to the current presidential campaign.
Yet overhanging the rosy economic forecasts is the possibility of a resurgent coronavirus in the form of the highly contagious delta variant.
The declines brought the S&P 500 to the brink of a "bear market," considered a drop of 20 per cent from its peak.
The benchmark 10-year Treasury yield eased back slightly in Friday's late trading after a record high of over 3.1 per cent on Thursday, the first time since 2011.
The US Federal Reserve on Wednesday raised the benchmark interest rate by 25 basis points and signalled two more rate…
As 2017 draws to a close, breaking out the champagne to celebrate the US tax cuts and record stock market…
The rupee declined 9 paise to 65.10 against the dollar today after economic data showed the US economy in a…
