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Key Fed inflation gauge at 2.2% in August, lower than expected

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Inflation moved closer to the Federal Reserve's target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday.The...

Cheaper crude gives room for excise duty hike, fuel price cut...

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NEW DELHI: The meltdown in oil prices allows the government to shore up its finances by raising excise duty to partly...

September consumer confidence falls the most in three years

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Consumers' view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs...

‘Russian roulette’ in markets, RBI flags volatility risks – Times of...

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MUMBAI: RBI has warned of a 'Russian roulette' scenario as market expectations regarding central banks are reset. The regulator noted significant volatility risks,...

Fed Governor Waller backs interest rate cut at September meeting, open...

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Federal Reserve Governor Christopher Waller on Friday backed an interest rate cut at the upcoming central bank policy meeting in less than two...

McDonald’s to extend $5 value meal offer into December in most...

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McDonald's will extend its $5 value meal into December in most U.S. markets as it looks to win back lower-income consumers.Franchisees have been...

RBI governor signals no policy change despite inflation dip – Times...

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India’s central bank governor signaled he’s in no hurry to cut interest rates despite recent softening in inflation in the world’s fastest-growing major...