The Daily

A sharp spike in oil prices triggered by the Middle East conflict has raised inflation concerns, but economists largely believe a US recession remains unlikely, unless crude rises significantly higher and stays elevated. According to a recent survey of 50 economists, the average threshold for recession risk crossing 50% is oil at around $138 per barrel,

 » Read more about: Can Oil Prices Stagnant at $138 Trigger a US Recession? Economists Weigh In  »

 » Read more about: Federal Reserve holds interest rates steady, projects one cut this year  »

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WASHINGTON – The Federal Reserve on Wednesday announced it would keep interest unchanged and predicted at least one rate cut later this year.

This is the second time the Fed kept rates on hold, which is currently at 3.6%. 

 » Read more about: Fed keeps interest rates steady: Here&#039;s what to know  »

Faisal Islam
Economics editor

Previous expectations of a cut to interest rates have diminished,

 » Read more about: Bank of England expected to hold interest rates due to Iran war  »

Have you claimed Social Security and are now thinking about getting a job? If so, there are some important rules about working while collecting Social Security that could affect the amount of benefits you get.

Depending on the circumstances, you could either see your benefits temporarily decline or permanently increase as a result.

 » Read more about: 2 Rules You Must Know Before Working While Collecting Social Security  »

Mutual Fund Taxation Explained: STCG, LTCG & Dividend Tax Across Equity, Debt & Gold Funds

Understanding how mutual fund gains are taxed is crucial for every investor. Mutual funds generate returns mainly through capital gains when units are redeemed and through dividends under the Income Distribution cum Capital Withdrawal (IDCW) option.

 » Read more about: Mutual Fund Taxation Explained: STCG, LTCG & Dividend Tax Across Equity, Debt & Gold Funds  »

Cryptocurrencies have faced significant scrutiny in recent months. Large investors who had held the tokens since many of them first began trading have now sold at levels higher than previously seen, and economic and geopolitical concerns have also not helped the situation.

There’s also been concern that new technologies, such as quantum computing,

 » Read more about: Could Investing $10,000 in XRP Make You a Millionaire?  »

Crypto-linked Exchange-Traded Funds (ETFs) gained back their bullish momentum while the digital assets market is still dealing with uncertainty. Data shows that crypto ETF assets have surged by around $12 billion since the start of US–Iran tensions. This signals that the capital is quietly rotating back into digital assets.

These funds have reportedly pulled in $1.06 billion last week.

 » Read more about: Crypto ETFs AUM jump $12B since Iran-US tensions began  »

 » Read more about: HDFC Bank dives 5%: These mutual fund schemes have the highest exposure to the stock  »

 » Read more about: Looking beyond mutual funds? Why Specialised Investment Funds are getting attention  »