High accommodation cost, food prices step up US inflation

15-09-2022
US Labour Department had unveiled that US Consumer Prices Index rose modestly last month

Dollar clocks largest intra-session gain since '20 after unprecedented rise in US CPI

14-09-2022
US Dollar Index (DXY) measured against a basket of six major currencies on an average had shelved hefty gains on Tuesday

Oil retreats, drops 1.0 per cent after bearish US economic data

14-09-2022
Oil prices fell dramatically on Tuesday in a choppy trading session

Jeff Bezos’ Blue Origin Rocket Failed During Midflight After Launch

13-09-2022
The unmanned cargo space capsule "Blue Origin" separated from the launch vehicle today due to a malfunction near the rocket engine section, minutes after launch in Texas, the company of the same name said.

Dollar extends losing run ahead of Consumer Price Index data as euro jumps

12-09-2022
US Dollar Index (DXY) measured against a basket of six major currencies on an average extended its latest leg of losing run on Monday

Argentina’s inflation may spike to 95 per cent this year

12-09-2022
Central Bank data released earlier on Friday had unveiled that Argentina’s annual inflation might spike to as high as 95 per cent this year

US Dollar slips as investors rebalance position ahead of inflation data

11-09-2022
US Dollar Index (DXY) measured against a basket of six major currencies skidded to a one-week low

The $799 Apple Watch Ultra is the most durable watch ever made

09-09-2022
Apple presented its latest products tonight, including the Apple Watch 8, Watch SE, and Apple Watch Ultra, which is the most durable smartwatch ever made.

Euro slips; anchors close to 20-year-low versus Dollar as Gazprom halts gas weigh

08-09-2022
US Dollar Index (DXY) measured against a basket of six major currencies on an average edged higher

US services sector activities edge marginally higher in August, says ISM

07-09-2022
Data from the Institute of Supply Management (ISM) released earlier on Tuesday had allayed worries up to some extent that US services sector activities might not be in a recession yet

Wall St. opens post-summer session in red after ending week lower on Gazprom gas halt

07-09-2022
Major Wall St. indices have closed out the session sharply lower on Tuesday after rounding off the last week deeper into red inks amid growing geopolitical bubbles

The new iPhone 14 comes with a larger battery due to a new option on the display

07-09-2022
There are only a few days left until the official presentation of the iPhone 14 series of smartphones, and the latest rumors say that it will have an always-on display option and a larger battery capacity.

Joseph Stiglitz names three reasons why the interest rates hikes may worsen inflation

04-09-2022
Economist Joseph Stiglitz, who is also a winner of the Nobel Prize, highlighted three reasons why he believes that the continuation of the interest rate increase in the United States of America will worsen inflation.

Kiev ready to supply Germany with electricity

04-09-2022
Ukrainian Prime Minister Denis Shmyhalj said that his country is ready to supply Germany with electricity to help Europe's largest economy reduce its dependence on Russian energy sources.

US private payroll growth vanishes into thin air as recession fear sparks

04-09-2022
US ADP National Employment report had unveiled later this week that US private payrolls rose moderately last month,

Russian banks lost almost $25 billion in the first six months of 2022.

03-09-2022
Russian banks lost a total of 1.5 trillion rubles ($24.95 billion) in the first six months of 2022, a senior Russian Central Bank official said on Friday in an interview with the RBC business daily.

US added 315,000 jobs in August, unemployment rate rises to 3.7 per cent

03-09-2022
US Labour Department data had unveiled that US nonfarm payrolls rose more than anticipated

Russia’s jobless rate stays unchanged at a record low of 3.9 per cent in July

02-09-2022
Russia’s Statistics Service data had unveiled that the number of unemployed people stood at a record low of 2.9 million of the entire workforces

Wall St. ends Aug in snivel, extends losing streak to 4th straight session in a row

01-09-2022
All three major indices of Wall St had wrapped up the session sharply lower on Wednesday

Wall Street opens higher after heavy downpour amid rate-hike debate

30-08-2022
Wall Street opens up in a riant note on Tuesday as US Dollar fell back and commodities were trading sharply lower

US Dollar retreats from 20-year-peak as euro boosted by 75bps rate-hike view

30-08-2022
US Dollar Index (DXY) measured against a basket of six major currencies on an average ended the session lower on Monday

European shares open lower on Powell speech; Asian stocks witness a scene of carnage

29-08-2022
Stocks across the Asia-Pacific region had been met with a muffled momentum as Powell’s Friday’s speech on Jackson Hole had led to a ludicrous melt-down in investors’ confidence

Cristiano Ronaldo is about to make a super profitable sale

29-08-2022
Ronaldo's jet can reach 900 kilometers per hour and can carry up to ten passengers on board. It is an exclusive model of which only 250 were produced

Wall St. ends lower as Powell’s speech affirms hawkish rate stance, Core PCE rises

29-08-2022
All three key indices of Wall St. had winded down the session lower as Fed’s Powell’s inaugural speech at Jackson Hole summit had poured fresh scorns on market participants’ bet over growth stocks

Powell sees pain ahead of US economy, but sticks to hawkish policy to beat inflation

28-08-2022
US Fed Chair Jerome Powell had raised an alarming bell for US economy ahead