Federal Reserve

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Federal Reserve - Total results - 255
Joe Biden picks Jerome Powell for second term as Fed chair; stocks move higher
World

Joe Biden picks Jerome Powell for second term as Fed chair; stocks move higher

Biden said he will fill the three remaining slots on the board, including a vice chair for supervision, a bank regulatory post, in early December

Asian markets, Wall Street hold gains after Fed signals easing extraordinary support measures for economy
World

Asian markets, Wall Street hold gains after Fed signals easing extraordinary support measures for economy

Shares rose in Hong Kong, Shanghai, Australia and Taiwan but fell in South Korea and Malaysia. US futures were higher. Markets were closed in Tokyo.

US economic recovery slow but ready for Fed to start withdrawing financial support
World

US economic recovery slow but ready for Fed to start withdrawing financial support

Federal Reserve Chair Jerome Powell has signaled that the start of the taper process could begin before the end of the year, but an increase in the key borrowing rate would not come until later

President-elect Joe Biden to nominate ex-Fed chair Janet Yellen as treasury secretary
World

President-elect Joe Biden to nominate ex-Fed chair Janet Yellen as treasury secretary

Yellen became Federal Reserve chair in 2014 when the economy was still recovering from the devastating Great Recession. In the late 1990s, she was then president Bill Clinton’s top economic adviser during the Asian financial crisis

Climate change poses a ‘systemic threat’ to companies and the economy, big investors warn
World

Climate change poses a ‘systemic threat’ to companies and the economy, big investors warn

Investors are worried that if regulators don't act, climate change may cause companies, and the economy to take a beating.

US businesses hammered by COVID-19 pandemic but some feel worst of crisis behind them: Fed survey
Business

US businesses hammered by COVID-19 pandemic but some feel worst of crisis behind them: Fed survey

The Fed’s survey, known as the “Beige Book,” was conducted in April, when non-essential businesses were shut down in much of the country, through 18 May, when some states had started to loosen restrictions.

Stock Market Latest Updates: Sensex rises over 100 points, Nifty at 9,106; ITC, Asian Paints, Maruti among top gainers
Business

Stock Market Latest Updates: Sensex rises over 100 points, Nifty at 9,106; ITC, Asian Paints, Maruti among top gainers

Stock Market Latest Updates: Sensex rises over 100 points, Nifty at 9,106; ITC, Asian Paints, Maruti among top gainers

Stock Market Latest Updates: Sensex plummets over 1,000 points, Nifty at 8,829; IndusInd Bank, HDFC among top losers
Business

Stock Market Latest Updates: Sensex plummets over 1,000 points, Nifty at 8,829; IndusInd Bank, HDFC among top losers

Stock Market Latest Updates: Sensex plummets over 1,000 points, Nifty at 8,829; IndusInd Bank, HDFC among top losers

US economy will recover, could stretch through end of next year, says Federal Reserve chairman Jerome Powell
Business

US economy will recover, could stretch through end of next year, says Federal Reserve chairman Jerome Powell

The US economy, the world's largest, which has been thrown into a recession due to the coronavirus pandemic, will rebound but the recovery could stretch through the end of next year, Federal Reserve Chairman Jerome Powell has said

Markets close on weak note: Sensex plunges over 880 points, Nifty cracks below 9,200-level; IT stocks among top losers
Business

Markets close on weak note: Sensex plunges over 880 points, Nifty cracks below 9,200-level; IT stocks among top losers

The Sensex plunged 886 points on Thursday, tracking heavy losses in index heavyweights Reliance Industries, HDFC twins, Infosys and ICICI Bank amid a selloff in global markets.

Stock Market Latest Updates: Sensex plummets 886 points, Nifty below 9,150-mark; Tech Mahindra, Infosys among top losers
Business

Stock Market Latest Updates: Sensex plummets 886 points, Nifty below 9,150-mark; Tech Mahindra, Infosys among top losers

Stock Market Latest Updates: Sensex plummets 886 points, Nifty below 9,150-mark; Tech Mahindra, Infosys among top losers

Markets open in green: Sensex rallies over 600 points in early trade, Nifty surges above 9,370; RIL jumps 2% after Vista deal
Business

Markets open in green: Sensex rallies over 600 points in early trade, Nifty surges above 9,370; RIL jumps 2% after Vista deal

IndusInd Bank was the top gainer in the Sensex pack, soaring over 4 percent, followed by Kotak Bank, Hindustan Unilever and Axis Bank.

Fed leaves interest rates near zero; vows to use 'full range' of tools to help economy sinking to its worst crisis since 1930s
Business

Fed leaves interest rates near zero; vows to use 'full range' of tools to help economy sinking to its worst crisis since 1930s

In its statement, the Fed also raised concerns about slowing inflation, which is likely to sink further below its 2 percent target level in the coming months.

Stock Market Latest Updates: Sensex jumps 416 points, Nifty above 9,200-mark; rupee rises 21 paise to 76.24
Business

Stock Market Latest Updates: Sensex jumps 416 points, Nifty above 9,200-mark; rupee rises 21 paise to 76.24

Stock Market today LIVE Updates: Sensex rises over 550 points, Nifty above 9,300-level; IndusInd Bank up 6%

Stock Market Latest Updates: Sensex ends in green, Nifty holds 9,200-mark; HDFC Bank, Infosys among major gainers
Business

Stock Market Latest Updates: Sensex ends in green, Nifty holds 9,200-mark; HDFC Bank, Infosys among major gainers

Stock Market Today LIVE Updates: Sensex up, Nifty reclaims 9,300-mark; Infosys, Tata Motors among major gainers

Stock Market Today Latest Updates: Indices give up gains as Sensex tanks over 300 points, Nifty above 8,900-mark; bank, auto, energy stock fall
Business

Stock Market Today Latest Updates: Indices give up gains as Sensex tanks over 300 points, Nifty above 8,900-mark; bank, auto, energy stock fall

Stock Market Today LIVE Updates: Sensex soars above 770 points, Nifty crosses 9,200-mark; Rupee opens high

Coronavirus Impact: Fed to launch commercial paper liquidity backstop today; participation by debt issuers may be short-lived
Business

Coronavirus Impact: Fed to launch commercial paper liquidity backstop today; participation by debt issuers may be short-lived

The Commercial Paper Funding Facility’s special purpose vehicle will purchase higher rated, three-month unsecured and asset-backed paper from eligible bank, corporate, special-purpose entity, and municipal issuers using financing from the New York Federal Reserve

Asia shares seen higher, but economic woes may cap gains; all eyes on China's trade data to be released today
Business

Asia shares seen higher, but economic woes may cap gains; all eyes on China's trade data to be released today

All eyes will be on China’s trade data, to be released on Tuesday, which is expected to show exports tumbling 14 percent in March from a year ago,

Wall Street rises on latest Fed rescue program; to buoy local govts, businesses crushed by massive closures
Business

Wall Street rises on latest Fed rescue program; to buoy local govts, businesses crushed by massive closures

Wall Street's benchmark S&P 500 index posted it best weekly gain since 1974, in a holiday-shortened week, bolstered by early signs that the outbreak was hitting a peak as well as aggressive global stimulus.

Coronavirus Outbreak: US Fed temporarily eases some bank leverage requirements; move to combat economic slowdown
Business

Coronavirus Outbreak: US Fed temporarily eases some bank leverage requirements; move to combat economic slowdown

Now, banks will be able to exempt any holdings in US Treasury debt or deposits at the Fed from their calculations of the supplementary leverage ratio, or SLR, an additional leverage restriction imposed on the largest US banks.