Chair Jerome Powell bluntly said the Fed's inflation forecast for the remainder of the year has "kind of fallen apart." After nearly four years of failure, officials now anticipate that inflation will take far longer to attain their 2 per cent objective.



Fed's rate cut sparks inflation concerns, market selloff

The developing world is bracing for a tumultuous 2025. Emerging market nations have to deal with the added stress of paying interest on the 29 trillion dollars in debt that was accumulated over the past decade.



Emerging markets face debt crisis amid rising risks in 2025

Boeing stock took a nosedive in what was meant to be a recovery year. And if Wall Street is correct, the plane maker's shares may only have a tiny rebound in 2025.



Boeing stock plunges, outlook bleak for 2025

Asian stock markets were volatile as investors eyed key rate decisions from major central banks in a 24-hour frenzy, including the Federal Reserve, this week.



Asian markets waver as investors await central bank rate decisions

Bitcoin had surged to a historic high of more than $106,000 on Monday after US President-elect Donald Trump voiced a pro-cryptocurrency position. Since the election of the latter on November 5, the cryptocurrency price surged more than 50 per cent.



Bitcoin hits $106,000 amid Trump’s pro-crypto push

According to Russia's wealthiest billionaire, Vladimir Potanin, a 100 to 110 rouble per us dollar exchange rate is "Reasonable." He said that level meets the needs of both the government and exporters.



Russia's richest man sees rouble at 100-110/dollar as 'reasonable'

Households in the United Kingdom are hesitant to spend much on big-ticket purchases in the run-up to Christmas. This is according to a study which cited a broadly weak UK economic outlook as the reason.



UK consumers set to refrain from big Christmas buys, survey says

Britain's economy contracted for the second consecutive month in October, according to official data from the Office for National Statistics.



UK economy shrinks again in October, raising recession fears

Boeing has cautiously resumed production of its 737 MAX jets following a prolonged work stoppage that lasted over a month. However, the recovery process has been hampered by supply chain delays and hesitancy from smaller suppliers to fully rehire staff.



Boeing struggles to meet 737 MAX production targets after strike

The International Monetary Fund is facing criticism from its independent watchdog over inconsistencies in its handling of major bailouts. A new report highlights concerns about political pressures influencing decisions on large loans to countries like Argentina, Ukraine, and Egypt.



Hanshika Ujlayan

Hanshika Ujlayan

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