world economic news
- ECONOMY
Federal Reserve officials saw possibility of being more hawkish if inflation persists
uschools The Federal Reserve’s policymakers judged that an increase of 50 or 75 basis points “would likely be appropriate at…
Read More » - ECONOMY
Fed’s Mester opts for 75-basis point rate hike in July as sky-high inflation persists
Rob Kim/Getty Images Entertainment As U.S. consumer price inflation remains persistently high, Cleveland Fed President Loretta Mester said Wednesday that…
Read More » - ECONOMY
Taming inflation doesn’t conflict with Fed’s goal of full employment: SF Fed’s Daly
Bet_Noire/iStock via Getty Images The Federal Reserve hasn’t put its goal of price stability over that of full employment, said…
Read More » - ECONOMY
Wells Fargo unveils its recession stock portfolio
gguy44/iStock via Getty Images Wells Fargo says it is time to close out reopening trades and focus on the new…
Read More » - ECONOMY
Consumer spending climbs 9% in May despite fading sentiment, BofA reports
Tom Werner/DigitalVision via Getty Images Consumers appeared willing to spend more in May even in a backdrop of poor sentiment…
Read More » - ECONOMY
Cleveland Fed’s Mester sees two more 50-bp rate hikes, then reassess pace
Rob Kim/Getty Images Entertainment Like most other Federal Reserve officials, Cleveland Fed President Loretta Mester expects the central bank to…
Read More » - ECONOMY
Conditions for a global stock meltdown have been met
D-Keine/E+ via Getty Images The five pillars of global financial stability are faltering dangerously, according to quant research shop Gavekal-IS.…
Read More » - ECONOMY
Facebook’s Metaverse Vision Questioned by Gaming Veteran
(Bloomberg) — Mark Zuckerberg’s Meta Platforms Inc. is among the most vocal proponents of the future of the metaverse, but…
Read More » - ECONOMY
China’s Ghost Cities Are Finally Stirring to Life After Years of Empty Streets
(Bloomberg Businessweek) — Conjured out of nothing and lived in by seemingly no one, China’s so-called ghost cities became the…
Read More » - ECONOMY
Spooked Distributors Protest HUL’s Tie-Up With JioMart – Exclusive
General trade—as distribution through bulk dealers and stockists is called—dominates India’s retail supply chain with nearly 90% share. It’s a…
Read More » - ECONOMY
Indian Fertiliser Industry – China’s Suspension Of Fertiliser Exports To Push Up International Prices: ICRA
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Government Extends Free Food Transfers Till Diwali
The central government will extend free foodgrain transfers under its Pradhan Mantri Garib Kalyan Yojana until Diwali, Prime Minister Narendra…
Read More » - ECONOMY
NFTs Are ‘Loot’ in This New $21 Million Crypto Gaming Venture
(Bloomberg) — A group of gaming veterans has raised an initial round of funding to help launch Big Time Studios,…
Read More » - ECONOMY
The One Thing Adani Group Finds Hard To Keep
For the Adani Group, India’s emerging infrastructure giant that spans mines, power, ports, airports, rail lines, logistics, data centres and…
Read More » - ECONOMY
Blue Dart Express – Flight To Safety Continues Unabated: ICICI Direct
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Mutual Fund Report For February: IDBI Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Corporate Action Tracker For March 2021: ICICI Direct
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Mayur Uniquoters’ Strong Earnings To Support A Re-Rating: Anand Rathi
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More »