[ad_1] A divided U.S. Federal Reserve lowered interest rates on Wednesday (December 10, 2025) for a third consecutive time this year, but signaled that it could hold off further reductions in the coming months. Fed Chair Jerome Powell said the central bank is “well positioned to wait and see how the economy evolves from here.” […]
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[ad_1] U.S. Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, D.C., U.S., October 29, 2025. | Photo Credit: Reuters A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday (October 29, 2025) and […]
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[ad_1] Image for representational purpose only. | Photo Credit: Special Arrangement A slowdown in 2023 in advanced economies, especially the U.S. and the eurozone, is expected to make India’s footwear and leather products export trade vulnerable, said Crisil Ratings. “Domestic labour-intensive sectors such as textiles, footwear, and leather depend significantly on these two regions, making […]
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[ad_1] U.S. Labor Department report shows a measure of underlying inflation posting its biggest annual increase in 40 years U.S. Labor Department report shows a measure of underlying inflation posting its biggest annual increase in 40 years U.S. consumer prices increased more than expected in September as rents surged by the most since 1990 and […]
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[ad_1] Paul F. Gruenwald, S&P global chief economist, said a lot depends on how global fund flows behave if there is a recession in the U.S. and Europe. Paul F. Gruenwald, S&P global chief economist, said a lot depends on how global fund flows behave if there is a recession in the U.S. and Europe. […]
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[ad_1] The U. S. Senate has approved President Joe Biden $740 billion economic package — aka the Inflation Reduction Act — after Vice President Kamala Harris cast the tie-breaking vote The U. S. Senate has approved President Joe Biden $740 billion economic package — aka the Inflation Reduction Act — after Vice President Kamala Harris […]
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[ad_1] The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the […]
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[ad_1] The changes will not affect all teams, and Apple is still planning an aggressive product launch schedule in 2023 that includes a mixed-reality headset The changes will not affect all teams, and Apple is still planning an aggressive product launch schedule in 2023 that includes a mixed-reality headset Apple Inc intends to slow hiring […]
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[ad_1] Elon Musk’s crown jewel, Tesla, has grappled with production glitches in China and slow output growth at new factories in Texas and Berlin Elon Musk’s crown jewel, Tesla, has grappled with production glitches in China and slow output growth at new factories in Texas and Berlin Tesla Inc is expected to end its nearly […]
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[ad_1] Musk said the cuts would apply only to salaried workers, meaning a 3.5% reduction in total headcount, changes he described as “not super material” Musk said the cuts would apply only to salaried workers, meaning a 3.5% reduction in total headcount, changes he described as “not super material” Elon Musk, CEO of Tesla, said […]
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