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Federal Reserve Chairman Jerome Powell speaks after the central bank’s May meeting.
The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to monitor inflation and the labor market amid elevated levels of economic uncertainty.
» Read more about: Federal Reserve holds key interest rate steady amid economic uncertainty »
» Read more about: Federal Reserve Keeps Key Interest Rate Unchanged »
The Federal Reserve on Wednesday warned of an increased risk of stagflation from the Trump administration’s tariff plan as it left interest rates unchanged – despite growing pressure from the president to slash rates immediately.
“If the large increases in tariffs that have been announced are sustained, they are likely to generate a rise in inflation,
HONG KONG (AP) — Shares advanced Friday in Europe after a mixed day in Asia as investors pinned their hopes on weekend trade talks between China and the U.S.
Germany’s DAX gained 0.6% to 23,483.39, while the CAC 40 in Paris was up 0.5% at 7,735.29. Britain’s FTSE 100 added 0.4% to 8,563.65.
Data streaming might sound like a back-office technology, the kind of thing only engineers care about, but it’s quickly becoming a foundational pillar of the digital world. And while most investors are busy chasing flashy AI stocks, one lesser-known name sits quietly at the heart of this infrastructure shift, Confluent (NASDAQ: CFLT).
» Read more about: Wall Street’s Favorite Sleeper in the AI Infrastructure Boom? »
XRP price hits $2.17 with 80% volume increase as analysts predict short-term targets of $3, $4.4, and $6.3 amid discussions of potential state reserve inclusion.
» Read more about: XRP (XRP) Price: Trading at $2.17 with 80% Surge in Daily Volume »
US stock futures traded slightly up as Wall Street digested the latest signs President Trump’s trade war could be entering a more conciliatory phase.
Futures attached to the Dow Jones Industrial Average (YM=F) traded around the baseline. Contracts on the benchmark S&P 500 (ES=F) inched up 0.1% and tech-heavy Nasdaq 100 futures (NQ=F) climbed 0.2%.
A recovery on Pakistan’s Karachi-100 index proved short-lived on Friday, as the index slipped into the red after rising nearly 1,700 points. KSE100 has now taken its losing-run to the fifth straight session, as tensions with India, along with macro-economic concerns, come to haunt Pakistani investors. During the five-day period, the 100-pack index has entered the correction mode,
Benchmark indices on Dalal Street extended their slide on Friday as fears of further military escalation between India and Pakistan weighed on investor sentiment.
The BSE Sensex was trading 722.62 points lower at 79,612.19 around 11:57 am, while the NSE Nifty50 was down 221.05 points to trade barely above 24,000.
» Read more about: Sensex tumbles 800 points: Why is the stock market falling today? »
Stock market today: After a flat opening during morning deals on Friday, Canara Bank shares witnessed strong buying interest after the Opening Bell. After the announcement of Canara Bank Q4 results 2025 on Thursday, the bank’s PSU stock was under the radar of the Indian stock market observers.