Wall Street hovers near record highs as the Federal Reserve initiates a significant interest rate cut to stave off a recession. The S&P 500 remains nearly unchanged, with slight movements in the Dow Jones and Nasdaq. The Fed aims to support the slowing economy and job market while carefully managing inflation risks.
Related Posts
Slowdown in Q2 is a ‘temporary blip’: FM
Finance Minister Nirmala Sitharaman addressed concerns about India’s economic slowdown, calling the second-quarter dip a “temporary blip.” She highlighted the country’s strong average growth rate […]
HUL revenue up 1% amid weak demand
- staff
- January 22, 2025
- 0
Hindustan Unilever Limited (HUL) reported a 1.4% increase in revenue for Q3, reaching Rs 15,408 crore, despite weak demand in urban areas due to high […]