The Indian rupee is expected to have a quiet opening on Wednesday after U.S. inflation came broadly in-line with expectations, with traders now awaiting the Federal Reserve's new forecasts on interest rates. ( read original story ...)
Fed Meeting Today: Futures Inch Up as Investors Look Ahead to FOMC Decision
The Federal Reserve will announce today if the central bank will continue raising interest rates, or pause, in its mission to cool inflation. Fed Chair Jerome Powell will speak this afternoon on its decision. ( read original story ...)
After A 14% Fall This Year Is 3M Stock A Better Pick Over Honeywell?
Given its attractive valuation, we believe 3M stock (NYSE: MMM) is a better pick than its sector peer, Honeywell stock (NYSE: HON). ( read original story ...)
Inflation cools again ahead of the Federal Reserve’s final interest rate decision in 2023
Prices rose 3.1% from a year earlier, down from 3.2% in October. That pulled inflation closer to the more than two-year low it touched in June. ( read original story ...)
Stock market today: Asian shares are mixed ahead of the Fed’s decision on interest rates
Asian shares are mixed after Wall Street rose to its highest level since early 2022, slightly below its record high, after a report showed inflation in the United States is behaving pretty much as exp ... ( read original story ...)
Stock market today: Asia markets rise ahead of US consumer prices update
In energy trading, U.S. benchmark crude oil added 58 cents to $71.90 per barrel in electronic trading on the New York Mercantile Exchange. It gained 0.1% Monday. Brent crude, the international ... ( read original story ...)
China Chipmaker Seeks Funds at $19.5 Billion Value as IPOs Cool
Changxin Memory Technologies Inc. is delaying its initial public offering and will instead consider raising funds at about a 140 billion yuan ($19.5 billion) valuation, becoming the latest Chinese ... ( read original story ...)