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Rick Rieder, CIO of global fixed income at BlackRock, says the July US employment report most likely takes a Federal Reserve rate hike off the table. Speaking on "Bloomberg The Open," Rieder says a rate cut is still possible this year. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
The government is expected to permit a Merchant Discount Rate (MDR) of between 0.25% and 0.4% on UPI transactions above Rs 2,000 made to businesses, while person-to-person payments are likely to…
The US economy unexpectedly lost 23,000 jobs in July, government data showed, a blow to US President Donald Trump’s claims of leading an economic revival as his Republican Party gears up for crucial…
The Bhavish Aggarwal-led company said its registrations grew 97% quarter-on-quarter, outpacing the broader electric two-wheeler (E2W) market, which grew 17%.
Coinkite’s ordeal has so far caused an estimated $130m in losses to an unknown number of customers.
Analysts had expected an uptick in the number of jobs created, but the number of roles fell by 23,000 in July.
Silver (XAG/USD) jumps nearly 4% on Friday as buying accelerates following a decisive break above the 50-day Simple Moving Average (SMA) near $62.
