22 Jun 2018
35 US-banks would survive global economic recession: US Federal Reserve
The US's 35 largest banks are "strongly capitalized" and would survive a severe global economic recession, the Federal Reserve announced.
02 Jun 2018
Gold prices fall by Rs. 300 on weak global-cues, low-demand
Gold 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
Gold prices steady after four-month low
After 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
Ex-RBI governor Raghuram Rajan to next head US Federal Reserve?
Former 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
Trump requests Congress to release $7.8bn funds for hurricane victims
President 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
Is the US drug crisis linked to 'jobs market'?
Amid 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
Sensex closes above the 32,000 for the first time ever
Riding 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
US Federal Reserve hikes interest rate, plans balance sheet reduction
The 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
US Federal Reserve hikes benchmark interest by 0.25%
The 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
Sensex down 84 points after Fed rate hike
The Sensex closed 83.77 points down after the US Federal Reserve hiked interest rates, indicating more hikes in 2017.
14 Dec 2016
Sensex increases amidst signals of a Federal Reserve rate hike
Despite 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
Wells Fargo CEO steps down
In the wake of the fake account creation scandal, Wells Fargo announced that their CEO John Stumpf would retire, "effective immediately."
23 Sep 2016
$200 million settlement for Well Fargo's CEO, Stumpf
As 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
Senator says Wells Fargo CEO "should resign"
A 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
Sensex rallies, Nifty peaks to 8850
India's benchmark indices, the BSE Sensex and the NSE Nifty rose over a percent today.
16 Sep 2016
Warren Buffet loses $1.4 billion on Wells Fargo's accounting scandal
Warren Buffet's Berkshire Hathaway scripted massive losses of $1.4 billion over Wells Fargo's accounting scandal in just one day.