Yield Curve Inversion and its Economic Implications Yield curve inversion occurs when short-term debt instruments have higher yields than long-term instruments of the same credit quality. In the United States, this typically refers to the relationship between the yields of US Treasury bonds with different maturities. When the yield curve inverts, it shows that investors are willing to accept lower...

Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and plumbing two-week lows as demand slowed down and risk appetite rebounded. Now markets await important US growth data later today for the first quarter of the year, which will help determine the likely path ahead for US interest rates. The Price The dollar index...

Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight session, and hitting 16-year highs after trading above 166 yen for the first time since 2008. The yen is suffering from the persistent interest rate gap between Europe and Japan, which will likely remain fixed for an extended duration. EUR/JPY EUR/JPY rose 0.5% to...

Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the fourth straight session against the yen, and scaling a 16-year peak and trading above the psychological barrier of 200 yen for the first time since 2008. The UK-Japan interest rate gap is expected to hold for an extended duration in favor of the...

* February jobs report due on March 7, increase of 133,000 jobs expected * Weakening US consumer, business indicators signal caution * Investors assessing fallout from Trump plans to shrink federal workforce By Lewis Krauskopf Feb 28 (Reuters) - The stakes are high for the monthly U.S. jobs report in the coming week, as investors gauge whether a string of...

Feb 28 (Reuters) - Investors increased their holdings in U.S. equity funds over the week to February 26, buoyed by confidence in the economy's resilience and expectations of a Federal Reserve rate cut later this year to stimulate growth. Dismissing concerns over tariffs, investors acquired a net $19.71 billion worth of U.S. equity funds during the week, registering their largest...

(Reuters) - The stakes are high for the monthly U.S. jobs report in the coming week, as investors gauge whether a string of worrisome data is signaling significant concern about the economy. The benchmark S&P 500 stock index has pulled back 4% from its all-time high reached earlier this month, while falling Treasury yields and a slide in bitcoin are...

MOSCOW, Feb 28 (Reuters) - The Russian rouble weakened against the U.S. dollar and the Chinese yuan on Friday, losing support from corporate tax payments at the end of the month, as the influence of Russia-U.S. talks on the currency market began to wane. At 1125 GMT, the rouble was down 0.9% at 87.75 against the dollar in the over-the-counter...

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

According to a press release, clusters economically viable for drone use will be identified, with 15,000 women SHGs in selected states receiving Central Financial Assistance covering 80% of drone costs, up to ₹8 lakh.

Karnataka Chief Minister Siddaramaiah, this policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector.

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

A senior leader who attended the meeting said Venugopal asked state leaders to support state Congress chief Ashok Chavan and warned that party president Rahul Gandhi will not tolerate any indiscipline.

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

05:44 PM EDT, 07/23/2024 (MT Newswires) -- Flowserve ( FLS ) late Tuesday said it acquired the intellectual property and in-process research and development of cryogenic liquefied natural gas submerged pump technology, systems and packaging from NexGen Cryogenic Solutions. NexGen specializes in the engineering, design and testing of LNG pumps and cold energy recovery turbines. Flowserve ( FLS ) expects...

July 23 (Reuters) - NewGenIvf Group Ltd ( NIVF ): * NEWGENIVF PROVIDES UPDATE ON POTENTIAL REVERSE MERGER WITH COVIRIX * NEWGENIVF GROUP ( NIVF ): ANTICIPATES COMPLETING PROPOSED DEAL BY AUGUST 2024 END Source text for Eikon: Further company coverage: ...

July 23 (Reuters) - KKR & Co Inc ( KKR ): * KKR TO ACQUIRE JANNEY MONTGOMERY SCOTT FROM PENN MUTUAL * KKR & CO INC ( KKR ): FOLLOWING CLOSE OF TRANSACTION JANNEY WILL BECOME STANDALONE PRIVATE CO THAT WILL CONTINUE TO OPERATE INDEPENDENTLY. Source text for Eikon: Further company coverage: ...

05:43 PM EDT, 07/23/2024 (MT Newswires) -- TechnipFMC ( FTI ) said late Tuesday it received a substantial contract from Petrobras (PBR) to supply flexible pipe for the pre-salt fields offshore Brazil. TechnipFMC ( FTI ) defines a substantial contract as one that ranges between $250 million and $500 million in value. The company said the contract covers the design,...

This past week, a fresh wave of retail euphoria swept through U.S. equities and crypto markets, with meme stocks roaring back into vogue and altcoins teasing the arrival of a long-awaited altseason. According to the latest Binance Research report, the risk-on sentiment was powered by strong economic data, AI-driven tech optimism, and institutional crypto flows, especially into Ethereum (ETH) ETFs....

A lengthy sentence, along with hefty fees, is what awaits a resident of the southwestern U.S. state who facilitated the hiring of numerous people using stolen identities. The rise of the DPRK threat is a global concern, and its tactics are becoming increasingly sophisticated. Details on The Arrest A press release shared by the Office of Public Affairs in the United...

Just a few weeks after announcing new 30% tariffs against the European Union and Mexico, US President Donald Trump sat down with the formers leader to discuss deal terms. The meeting between Ursula von der Leyen and Trump in Turnberry, Scotland, appeared to be productive, as both parties said they reached a framework for a trade deal. According to details...

Halfway through 2025, the crypto industry has already suffered over $3.1 billion in losses from hacks, scams, and exploitations. According to Hackens latest report, this year has emerged as one of the most damaging in recent memory. Access-Control Exploits Dominate Losses The latest figure surpasses last years $2.85 billion by over 6%, as security lapses across the sector continue. In...