US Economy
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Economy
Fed Opens 2026 With a Pause, Holds Interest Rates Steady
The US Federal Reserve on Wednesday announced its first interest rate decision of 2026, opting to leave borrowing costs unchanged.…
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America
Fed Chair Powell: “No fixed path — we will decide rates meeting by meeting”
The US Federal Reserve cut its policy rate by 25 basis points, bringing the federal funds target to 3.50–3.75%, in…
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America
Fed cuts US interest rates again amid data blackout and rising job worries
The Federal Reserve moved to cut interest rates for the second consecutive month, bringing the federal funds target range down…
Read World’s economies waiting for FED descision / US News
The US Federal Reserve is expected to confirm later that it will start to wind down its massive stimulus effort…
ReadDepreciation of Indian rupee can affect India’s economy: Indian PM
Concerned over depreciation of Indian rupee, Indian Prime Minister Dr Manmohan Singh Friday said there are justifiable concerns that it…
ReadDetroit Bankruptcy:Declaration of bankruptcy of an American dream / US News
By all means, the city has tried to avert the worst, in vain:Detroit is bankrupt. The legendary carmaker metropolis had…
ReadSears and Kmart shut down to 120 stores as a result of poor holiday sales
Sears and Kmart has reported to close more than 120 stores as holiday season sales slump big time.
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