Articles about Federal Reserve

01 Jul 2022
BusinessThis week saw the Indian rupee hit an all-time low against the US dollar as it moved past the 79 rupees to a dollar mark.

10 May 2022
BusinessNew York-based Tiger Global, one of the world's biggest hedge funds, has been hit by losses of around $17 billion this year caused by the large-scale sell-off of technology stocks since last week.

25 Feb 2022
WorldThe United States federal regulators imposed fines worth $55 million on the National Bank of Pakistan (NBP) for non-compliance and anti-money laundering violations.

22 Jun 2018
BusinessThe US's 35 largest banks are "strongly capitalized" and would survive a severe global economic recession, the Federal Reserve announced.

02 Jun 2018
BusinessGold prices dived by Rs. 300 to Rs. 31,600 per ten grams, extending their slide for the third straight day at the bullion market today, tracking a weak trend overseas amid fall in demand from local jewelers.

13 Dec 2017
BusinessAfter falling continuously since a week, gold prices hit a four-month low yesterday, after a dip of Rs. 180 in the Delhi bullion market.

01 Nov 2017
WorldFormer governor of the Reserve Bank of India, Raghuram Rajan, makes for an ideal candidate to head the US Federal Reserve, says international financial magazine Barron's.

02 Sep 2017
WorldPresident Donald Trump has requested Congress to release initial funds worth $7.8 billion to aid recovery efforts in Hurricane Harvey-hit states of Texas and Louisiana.

15 Jul 2017
WorldAmid US's major opioid crisis, Federal Reserve Chief, Janet Yellen suggested that the crisis may be linked to a decline in the number of working Americans or those looking for work.

13 Jul 2017
BusinessRiding high on the dovish comments of US Fed Chair Janet Yellen before the US Congress and a fall in retail inflation in June, benchmark equity indices reached record high levels today as the market opened.

15 Jun 2017
BusinessThe Federal Reserve has hiked its benchmark lending rate by a quarter percentage point to 1.25% from its erstwhile 1%, showing its conviction in the US economy's growth and the job market performance and said that there is a chance of another hike later this year.

16 Mar 2017
WorldThe US Federal Reserve raised its benchmark interest rate for the second time in three months by 0.25% to a range of 0.75-1%.

15 Dec 2016
BusinessThe Sensex closed 83.77 points down after the US Federal Reserve hiked interest rates, indicating more hikes in 2017.

14 Dec 2016
BusinessDespite reports signalling an increasing possibility of a US Federal Reserve rate hike this month, India's Sensex managed to close higher on the Bombay Stock Exchange.

13 Oct 2016
BusinessIn the wake of the fake account creation scandal, Wells Fargo announced that their CEO John Stumpf would retire, "effective immediately."

23 Sep 2016
BusinessAs calls for the stepping down of Wells Fargo and Co.'s CEO John Stumpf grew louder, sources revealed that he may be entitled to a $200 million severance payout.

22 Sep 2016
BusinessA US senator lambasted Wells Fargo and Co.'s CEO John Stumpf over his involvement in the unauthorized opening of over 2 million accounts to meet sales targets.

16 Sep 2016
BusinessIndia's benchmark indices, the BSE Sensex and the NSE Nifty rose over a percent today.

16 Sep 2016
BusinessWarren Buffet's Berkshire Hathaway scripted massive losses of $1.4 billion over Wells Fargo's accounting scandal in just one day.