consumer spending

Last Updated: July 01, 2023, 02:03 ISTNew York, United States of America (USA)Prices have shed 2.5% this quarter, dropping from levels just shy of all-time highs at $2,072 in May, caused by nervousness about the health of the U.S. banking…

Bringing down inflation and stabilising inflation expectations will revive consumer spending, boost corporate revenues and profitability, which is the best incentive for private capex, the Reserve Bank of India said in its state of economy…

Last Updated: May 26, 2023, 23:44 ISTNew York, United States of America (USA)Benchmarks had settled more than $2 per barrel lower on Thursday after Russian Deputy Prime Minister Alexander Novak played down the prospect of further OPEC+…

Last Updated: May 26, 2023, 23:53 ISTNew York, United States of America (USA)On Thursday US President Joe Biden expressed confidence about the talks, saying there will be no default and that recent talks had been productive.U.S. President…

The U.S. dollar rose on Tuesday after data showed retail sales in April were lower than expected but suggested a firm underlying trend, with investors remaining skittish about the debt ceiling issue.U.S. President Joe Biden and Republican…

The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years. But the Fed also signaled that it may now pause the streak of 10 rate hikes that…

Reuters | | Posted by Animesh Chaturvedi Havells India Ltd reported a 2.5% rise in fourth-quarter profit on Wednesday, aided by strong sales for air conditioners. Revenue from the company's Lloyd consumer segment, rose nearly…

Last Updated: April 29, 2023, 01:36 ISTCrude prices have been lower in recent weeks and months due to uncertainty over further interest rate hikes that could reduce demand for oil. (Image: Reuters File)U.S. West Texas Intermediate (WTI)…

The US economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced their inventories. The economy's slowdown reflects the…

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