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Jerome Powell, the Federal Reserve Chair, has strongly defended the central bank's independence. He emphasized that political interference could damage the Fed's credibility. Powell also…
The Federal Reserve's FOMC decided to maintain key interest rates at 3.50% to 3.75% after three consecutive cuts. Chairman Powell noted core inflation is around…
USA-BONDS/ (UPDATE 1):TREASURIES-US yields climb as Fed holds rates steady; flags sticky inflation, firmer labor market
The FOMC decided to keep the target range for the federal funds rate at 3.5% to 3.75%, its lowest level since 2022. Experts highlight a…
As Amazon moves to lay off 16,000 corporate employees, it has offered most US-based employees 90 days to look for new role internally. This decision…
The day Amazon.com Inc. announced in June 2017 that it was acquiring Whole Foods for almost $14 billion, employees of the natural grocer packed into the…
The Federal Reserve held interest rates steady, citing a tight labor market and inflation above its target. This decision occurs amidst political pressure from US…
Deutsche Bank AG is deepening its push into emerging-market credit, adding two executives in New York as part of an expansion that began last year…
ASML Holding NV failed to satisfy investors with record orders in the fourth quarter as analysts continued to question whether the Dutch semiconductor equipment maker…
JPMorgan Chase and Bank of America will match the US government's $1,000 Trump Account contributions for eligible employees. Details her
Upstream major ONGC will focus on exploration activities along the east coast, including the Mahanadi, Krishna-Godavari (KG) and Cauvery basins, and off the coast of…