Month: May 2023

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Gold prices declined by Rs 265 to Rs 61,585 per 10 grams in the national capital on Wednesday amid a fall in international precious metal prices, according to HDFC Securities. The yellow metal had ended at Rs 61,850 per 10 grams in the previous trade. Silver, however, rose by Rs 120 to Rs 77,800 per
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United States President Joe Biden recently shared an infographic on Twitter, calling to end “tax loopholes” that allegedly help wealthy crypto investors. Community members responded to the tweet, questioning the figures shared by the president and if the said loopholes exist.  Cutting such loopholes would save about $18 billion, according to Biden. However, the president
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Dollar is trading mixed in Asian session today as market participants eagerly anticipate April’s consumer inflation data from the US. The much-anticipated meeting between US President Joe Biden and Republican House Speaker Kevin McCarthy unfolded as expected, with no resolution on the government’s self-imposed USD 31.4T debt limit. This issue, if unresolved, could plunge the
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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Tumult in mid-sized institutions caused banks to tighten lending standards both to households and businesses, potentially posing a threat to U.S. economic growth, according to a Federal Reserve report Monday. The Fed’s quarterly Senior Loan Officer Opinion survey said requirements got tougher for commercial and industrial loans as well as for many household-debt instruments such
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In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Brian Chesky, CEO of Airbnb speaking on CNBC’s Squawkbox on May 4th, 2023. CNBC Shares of Airbnb fell as much as 10% in extended trading Tuesday despite first-quarter earnings that beat analyst estimates on top and bottom line, as it offered slightly weaker-than-expected guidance and a cautious
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Share: The US Bureau of Labor Statistics (BLS) will release the most important inflation measure, the US Consumer Price Index (CPI) figures, on Wednesday, May 10 at 12:30 GMT. As we get closer to the release time, here are the forecasts by the economists and researchers of 10 major banks regarding the upcoming United States
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