Fitch affirms US credit at 'AA+', rising debt a ratings constraint
Fitch has kept the U.S. credit rating at AA+. The agency is concerned about rising debt. But the large economy and the dollar's global role support the rating. High deficits and debt are problems. Tariff revenues may help this year. Fitch expects deficits to rise long term. The U.S. rating outlook is stable. S&P Global also maintained its AA+ rating.
Trump says Intel has agreed to a deal for US to take 10% equity stake; Intel shares surge 6%
President Trump announced a deal where the U.S. would acquire a 10% stake in Intel, following a meeting with CEO Lip-Bu Tan. This move comes after Trump demanded Tan's resignation over ties to Chinese firms, resulting in a $10 billion investment. The federal backing aims to revive Intel's struggling foundry business amidst turnaround efforts.
US small caps, housing stocks rally as Powell opens door to rate cuts
Rate-sensitive stocks rallied on Friday after U.S. Federal Reserve Chair Jerome Powell hinted that an interest-rate cut could be on the table in September, citing a shifting balance of risks.
Powell announces policy framework tweaks for changed economic landscape in Jackson Hole speech
Nodding toward significant changes in the economic landscape over the last five years, Federal Reserve Chair Jerome Powell on Friday announced an updated operating framework for the U.S. central bank that reflects the return of higher inflation pressures and reduced prospect of near zero short-term interest rates.
Indian stock markets experienced a downturn on Friday, halting a six-day rally. The Sensex and Nifty both declined, influenced by investor caution ahead of Jerome Powell's Jackson Hole speech and concerns over impending U.S. tariffs on Indian goods. Profit-taking after the recent surge and continued selling pressure from foreign institutional investors also contributed to the market's decline.
Who is Avadhut Sathe, the Bollywood-style trading guru now under Sebi lens?
Finfluencer Avadhut Sathe, known for his unconventional trading lessons, has come under SEBIs scanner after a search-and-seizure operation at his Karjat academy on August 20, as part of the regulators crackdown on unlicensed financial influencers.
Coal India Share Price Live Updates: Coal India Volume Overview
Kotak Bank Share Price Live Updates: Kotak Bank's Trading Volume Overview
M&M Share Price Live Updates: M&M Trading Metrics
Bharti Airtel Share Price Live Updates: Bharti Airtel's Recent Trading Volume
Asian stocks in tight range as rate cut bets pared
Asian equities showed mixed performance as US stocks and bonds declined, driven by reduced expectations for imminent Federal Reserve rate cuts. Attention is now focused on Jerome Powell's upcoming speech at the Jackson Hole symposium, with markets anticipating potential signals on future policy shifts. Meanwhile, the Justice Department is considering investigating Fed Governor Lisa Cook.
European shares flat; all eyes on Jackson Hole
European equities were little changed on Thursday as investors awaited updates from the Federal Reserve's Jackson Hole symposium for clues on the path of monetary policy.
Sebi plans to raise tenure, maturity for equity derivatives: Tuhin Kanta Pandey
A surge in derivatives trading, which has also been driven by retail investors, has prompted the Securities and Exchange Board of India to limit the number of contract expiries and increase lot sizes to make such trades more expensive.
Swiggy shares jump over 5% in intra-day trade; whats driving the rally?
Swiggy's shares jumped 5.5% following optimistic forecasts for its food delivery and quick commerce sectors. DAM Capital projects a 28% revenue CAGR and profitability by FY28, driven by Instamart's growth. Market share recovery and inclusion in the MSCI Global Standard Index further boosted investor confidence in Swiggy's potential.
Titan Company Share Price Live Updates: Titan Company records strong monthly growth
