The Thanksgiving Day holiday on Thursday might be the focus this week. The minutes of the Fed meeting, Durable Goods Orders, Existing Home Sales, and Weekly Jobless Claims might get special attention from investors. Early cues from the U.S. Futures Index suggest that Wall Street might open slightly positive. Asian shares finished mixed, while European shares are trading mostly higher. […]

The government has exhausted only 39 per cent of its fiscal deficit target in the first half of FY24. The first supplementary demands for grants for 2023-2024 (FY24), to be presented in the upcoming winter session of Parliament, is unlikely to involve any major cash outflow, as the government aims to meet the 5.9 per cent of gross domestic product […]

European stocks advanced on Friday amid expectations that the Federal Reserve may announce two rate cuts next year to support growth. Investors shrugged official data showing that U.K. retail sales declined unexpectedly in October as a result of rising interest rates. Retail sales logged a 0.3 percent monthly drop but slower than the September’s revised 1.1 percent decrease. However, the […]

After moving sharply higher over the past few sessions, stocks turned in a relatively lackluster performance during trading on Thursday. The major averages spent most of the session modestly below the unchanged line but ended the day narrowly mixed. The Dow climbed well off its worst levels of the day in late-day trading but still closed down 45.74 points or […]

The Great American Smokeout event is here, and the U.S. health regulators are offering some helping hand for those who desire to quit smoking. The difficult to beat addiction to Nicotine may be a barrier, but the U.S. Food and Drug Administraion and the Centers for Disease Control and Prevention or CDC have issued steps and advice to beat the […]

Toyota Motor North America, affiliated to Japanese automajor Toyota Motor Corp., has introduced purely hybrid next generation Camry as well as Crown Signia SUV into the United States market. As a part of Toyota’s effort to provide electrification for all, the 2025 Toyota Camry will be an exclusively Hybrid Electric Vehicle or HEV. The 2025 Toyota Camry is expected to […]

European stocks look set to open mostly higher on Wednesday, though the upside may remain capped due to escalating tensions in Gaza and ahead of a meeting between U.S. President Joe Biden and his Chinese counterpart Xi Jinping on the sidelines of the 21-member APEC summit in San Francisco. Meanwhile, the U.S. House of Representatives passed a stopgap bill Tuesday […]

Tuesday’s trading might be influenced by reactions to the Labor Department’s report on Consumer Price Inflation for October. U.S. President Joe Biden and Chinese leader Xi Jinping will be meeting on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco. As the war between Israel and Hamas is progressing, the U.N. has confirmed that more than 100 aid […]

Kyle Vogt, CEO and Co-Founder of Cruise LLC, the autonomous vehicle company owned by General Motors, has resigned from his role amid an ongoing safety review of its U.S. fleet, reports said citing an email to the staff. Following a pedestrian crash in San Francisco on October 2, the state of California had suspended the firm’s license to operate driverless […]

Early signs from the U.S. Futures Index suggest that Wall Street might open lower on Monday. Consumer, and Producer prices as well as Inflation data will be of interest to investors this week. Networking major Cisco (CSCO), retail giants Walmart (WMT), Home Depot (HD) and Target (TGT) have scheduled their quarterly results this week. U.S. President Joe Biden and his […]