INFLATION CONTROL
Why is the glittering gold losing its sparkle?
After hitting a record near $5,600 an ounce in January 2026, gold has fallen roughly 29% from its peak. Here is what drives gold prices, why the rally reversed, and how investors can approach gold now.
Fed’s Christopher Waller opens door to 50-basis-point December rate hike after hot CPI
Federal Reserve Governor Christopher Waller has raised the possibility of a 50-basis-point December rate hike after US core inflation rose 0.3% in October. Persistent price pressures have intensified debate over tighter monetary policy and the Fed's inflation-fighting credibility.
Nvidia and CEO Jensen Huang face class-action lawsuit over Chinese spy affair
Jensen Huang of Nvidia faces a class-action lawsuit filed by Rosen Law Firm concerning shareholder miscommunication. The lawsuit alleges that Huang's unreported relationship with a Chinese executive raised national security concerns impacting shareholders. Reports indicated the woman involved was linked to foreign intelligence efforts, leading to market instability. Huang admitted his unfaithfulness in a message to employees while expressing remorse for his actions.
Jensen Huang's influence over Nvidia raises questions about AI industry's dependence
Nvidia CEO Jensen Huang's influence extends beyond the chipmaker, shaping AI investment, chip supply and industry sentiment. His central role has also raised questions about succession planning and the risks of relying on one executive, as the company investigates whether he was targeted by a foreign intelligence effort involving China.
US Dollar crashes today: Why is USD down against other currencies?
Brent crude futures fell $5.75, or 5.85 per cent, to settle at $92.57 a barrel, and prices continued falling after settlement, while US West Texas Intermediate futures dropped $3.98, or 4.38 per cent, to $86.85.
Americans growing more worried about jobs amid rising prices, finds NY Fed survey
* NY Fed survey finds rising worry over future unemployment * NY Fed poll finds little change in expected inflation * NY Fed survey reports stability in personal financial situations (Adds graphics)
- Go To Page 1
Fed’s Barkin urges rate policy caution, Goolsbee warns of inflation concerns as AI risks loom
Richmond Fed President Tom Barkin emphasized the need for caution in managing inflation and its policy risks. He mentioned that inflation continues to pose the biggest challenge for the Federal Reserve's objectives. Chicago Fed President Austan Goolsbee highlighted the rapid AI investments potentially overheating the economy and exacerbating inflation. Policymakers are considering rate increases at the upcoming December meeting to address these inflation concerns.
US stocks: Dow Jones rallies 500 points, Nasdaq over 2% as chip stocks rebound; Nvidia probe weighs
Wall Street's indexes climbed as investors honed in on Nvidia CEO Jensen Huang's investigation and awaited crucial inflation data. Nvidia's shares faced declines due to worries over foreign intelligence, yet analysts proposed that the sell-off in AI stocks was potentially overblown. Tech giants like Microsoft and Alphabet, along with chip manufacturers such as Marvell and Broadcom, enjoyed substantial gains.
US stocks face volatile week as AI selloff, inflation data and tech earnings loom
US stocks face a volatile week as investors brace for October CPI inflation data and key tech earnings following a sharp AI-led selloff. Regulatory concerns post-US midterms, alongside Fed rate hike expectations, have pushed the Nasdaq into correction territory despite the S&P 500 maintaining gains for 2026.
Voters demanded economic relief. Trump and Democrats face tough choices on how to deliver
Voters have conveyed a clear message about the necessity of addressing inflation and economic issues. Both parties are preparing to respond to the economic challenges revealed by recent election outcomes. The Federal Reserve may gain independence to curtail inflation as Trump and Democrats grapple for control. Efforts to secure Social Security funding are urgent as benefits become jeopardized after 2032.
Anger against Trump policies, not US stance towards India guided Desi voters in midterms
Indian Americans showed discontent towards Republican policies mainly driven by immigration and economic issues. In the recent midterm elections, Indian Americans elected several candidates to various offices, reflecting their political engagement. While anti-India sentiment was noted, broader economic concerns influenced voter behaviors significantly. Research indicates that despite perceived discrimination, interest in studying and working in the US remains strong.
Dollar jumps after strong US payrolls report
The US dollar index jumped significantly following the Labor Department's report indicating an increase of 165,000 jobs last month, which far exceeded economists' forecasts. As a result, the probability of a rate hike from the Federal Reserve climbed to nearly 80% for next month. Moreover, Federal Reserve officials voiced concerns about ongoing inflation, leading to declines for other currencies such as the euro and sterling against the dollar.
Federal Reserve rate hike bets strengthen as US jobs growth beats estimates
Stronger than expected US jobs growth has revived expectations of a December Federal Reserve rate hike, with employers adding 165,000 jobs in October against estimates of 65,000. The unemployment rate fell to 4.1%, while markets raised the probability of a quarter point hike to 85% and brought forward expectations of another increase.
US employers added a surprising 165,000 jobs in October; unemployment rate dipped to 4.1%
US employers added 165,000 jobs last month, surpassing economists' expectations and bringing the unemployment rate down to 4.1%. The Labor Department also revised previous months' job figures upwards, indicating stronger hiring trends.
Fed's Beth Hammack and Thomas Barkin favour gradual rate hikes as inflation stays high
Two officials from the Federal Reserve have supported modest and steady interest rate increases to combat high inflation. They believe these adjustments should minimize disruptions for households, businesses, and financial markets. The Fed has left interest rates unchanged recently, with discussions ongoing about future hikes in December and early next year. The political landscape has shifted following the midterm elections, potentially changing price pressures in the economy.
Emami bets on winter demand as inflation keeps a lid on growth
Emami Ltd announced a 36% increase in consolidated revenue for the second quarter, reaching Rs 1,088 crore. Despite rising input costs, the company has seen positive trends in its winter portfolio and rural demand. The net profit declined by 3% due to changes in the effective tax rate. Emami has implemented price hikes to offset raw material inflation while focusing on cost-efficiency.
US yields fall in choppy session as oil rises and equities sink
As geopolitical tensions change the landscape, US Treasuries are witnessing a spike in demand while equity markets take a hit and oil prices show volatility. Investors are reassessing their outlook on the US-Iran relations following new election results. The labor market remains resilient with dropping unemployment claims and heightened productivity levels, pointing towards ongoing inflation risk.
Rising debt, non-bank finance may limit ECB policy flexibility, says Schnabel
Rising public debt and growing non-bank financial institutions could constrain the European Central Bank's ability to manage inflation, ECB board member Isabel Schnabel warned. She flagged risks from leveraged investors, market volatility and deteriorating public finances, urging stronger oversight of non-bank lenders and warning that financial stress could force central bank interventions, potentially undermining monetary policy independence and complicating economic stability.
Bank of England set to raise interest rates for first time in three years as Iran war fuels inflation
The Bank of England is widely expected to raise interest rates for the first time in three years as the US-Iran conflict fuels energy prices and inflation. Policymakers remain divided over the need for further tightening and the risks to economic growth.
BOJ policymakers signal scope for faster interest rate hikes
Bank of Japan policymakers are signalling support for further interest rate hikes, with some open to accelerating monetary tightening if inflation rises faster than expected, minutes of the September meeting showed. The BOJ raised its benchmark rate to 1.25%, a 31-year high, as it seeks to keep inflation near its 2% target.
Explained: 5 reasons why Trump’s midterm election setback matters for Indian markets and economy
Donald Trump’s midterm election setback has triggered a global market rally, with Indian equities gaining sharply. Lower crude oil prices, a weaker dollar, potential FII inflows, reduced tariff risks and changing US interest rate expectations could reshape India's economic outlook. Here are five key ways the political shift could impact markets.
Democratic victory in midterm elections adds a new twist to stock markets' Iran war, AI, and debt worries
Investors are watching the implications of the recent Democratic win in the US midterm elections. Geopolitical tensions, particularly the Iran war, continue to elevate oil prices and market risks. Regulatory scrutiny on the rapidly growing AI sector is expected following the election outcomes. Market volatility is anticipated to persist due to fiscal policy debates and increasing debt concerns. The market response so far has shown modest gains despite heightened uncertainties.
Democrats’ Senate win could shield Federal Reserve from Trump’s influence, but risks persist
Democrats’ midterm victory could strengthen the Federal Reserve’s independence by limiting President Donald Trump’s ability to appoint allies to its board. A Democrat controlled Senate could also intensify scrutiny of Fed Chair Kevin Warsh, with Elizabeth Warren likely to lead the Senate Banking Committee and challenge the administration’s banking reforms.
US slaps sanctions on Indian, Turkish firms and people for aiding Iran
The sanctions are part of the Trump administration's "Operation Economic Outcast," which aims to cut off Iran's ability to sell oil to fund the war with the US and Israel. Treasury unveiled the new sanctions a day after Democrats made huge gains in midterm elections, winning control of both houses of Congress as voters expressed anger about the Iran war and its impact in fueling US inflation.
Indian bonds rally most since April as oil slides after US midterm verdict
Indian government bonds experienced a significant rally influenced by falling oil prices after the US midterm elections. The benchmark bond yield dropped notably, reflecting a three-day decline in yields. Brent crude oil prices decreased, easing inflation and fiscal pressures on India. The Reserve Bank of India anticipates inflation will peak this quarter, supporting future bond market performance.
US Midterm Early Election Results 2026: Senate battle gets intense, Democrats flip key North Carolina seat, retain Georgia
Democrats achieved a significant victory by flipping a Senate seat in North Carolina during the midterm elections. The results indicate a potential shift in power in Congress as Democrats target more Republican-held seats. Voter dissatisfaction with the economy and government issues is evident, impacting turnout rates for both parties. Significant elections in various states signify the urgency of control over Congress.
'We would have won a landslide': Trump claims Republicans would have won big if on ballot as Democrats on course for midterms rout
Donald Trump suggested that Republicans would have achieved a landslide victory in the midterm elections. He made this claim after the Democrats gained significant seats in Congress. Four Republican-held House seats flipped to Democratic control, aiding their efforts in the House. Election outcomes remained uncertain for the Senate, with key victories for Democrats in Georgia and North Carolina.
What do midterm election results 2026 mean for US Stock Market, Bond Treasury Yields, common Americans?
Donald Trump is not on ballot for US Midterm elections 2026 but election results will give us hint how things will move forward till 2028 Presidential Elections.
India bonds end tad higher on softer oil
Indian government bonds experienced a modest rise as the 10-year bond yield neared a one-month peak. Investor optimism was bolstered by decreasing oil prices, although caution was still prevalent ahead of the upcoming US midterm elections. The benchmark bond yield displayed its lowest point since early October after notable drops in earlier trading sessions.
Load More
