Dallas Federal Reserve President Lorie Logan on Friday called for leaving the policy rate on hold “for a time” while the central bank assesses how much of a brake the current level of borrowing costs is putting on the economy, with soaring stock prices one reason to think it may not be much. In remarks … Read more
new video loaded: Where Things Stand With SNAP Benefits Millions of low-income Americans will see staggering cuts and delays to their food stamps this month due to the government shutdown. Tony Romm, an economic policy reporter at The New York Times, walks us through the last several weeks of chaos around SNAP benefits. By Tony … Read more
In an insightful conversation with ET Now, Gautam Trivedi from Nepean Capital painted a balanced picture of both the American and Indian economies — one marked by surprising resilience in the US and temporary caution towards India. “The US economy is clearly not in slowdown mode right now,” Trivedi affirmed, underscoring the strength of American … Read more
The dollar firmed to a near three-month high on Monday as investors awaited the release of data this week to gauge the health of the U.S. economy and determine whether it could alter the Federal Reserve‘s hawkish stance. The yen languished near an 8-1/2-month low, pressured by wide interest rate differentials between the U.S. and … Read more
Warren Buffett’s Berkshire Hathaway continues to flash a warning sign to global markets with its portfolio moves. In its latest quarterly results, the legendary investor’s conglomerate revealed that it sold far more stocks than it bought for a 12th consecutive quarter, letting its cash pile swell to a record $381.7 billion. The move reinforces Berkshire’s … Read more
U.S. Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, D.C., U.S., October 29, 2025. | Photo Credit: Reuters A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday (October 29, 2025) and announced … Read more
We are about to find out who is going to “eat” President Donald Trump’s tariffs. Don’t expect US consumers to be the ones picking up their knives and forks. While the higher levies have been the subject du jour for months, they are only just filtering through to the checkout. And more hikes will come … Read more
Harvard University economist Kenneth Rogoff on Wednesday said the high tariffs on several countries, including India, and the steep H-1B visa fee hike imposed by the Trump administration will hold back the US economic growth. US President Donald Trump’s decision to increase the application fee for H-1B visas is expected to impact Indian nationals, who … Read more
new video loaded: What Are the Effects of a Government Shutdown? Ben Casselman, the chief economics correspondent for The New York Times, describes the economic effects of a government shutdown. By Ben Casselman, Claire Hogan and June Kim October 1, 2025 Source link
As we enter the final quarter of a turbulent 2025, one of the biggest puzzles of the moment is how the U.S. economy is growing at almost 4% without creating any jobs. The answer may lie in artificial intelligence, but proving that will be a challenge. While U.S. markets suffered a near heart attack over … Read more