Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
India's central bank is preparing to make a move into the cloud computing space, announcing plans to launch a pilot ...
U.S. Equity Indexes Declined On Wednesday, As Widespread Risk-Off Sentiment Weighed On Most Sectors
U.S. equity indexes declined on Wednesday, as risk-off sentiment spread across most sectors, driven by continued gains in government bond ...
The Federal Reserve Initiated Its Monetary Easing Cycle By Implementing A Half-Percentage Point Interest Rate Cut
Wall Street's main indexes advanced after the Federal Reserve kicked off its monetary easing cycle this Wednesday with a half-a-percentage ...
The US Producer Price Index Rises 0.2% In August
The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise ...
The S&P 500 Has Gained Over 18% From January To August. What Can We Expect In The Final Quarter Of 2024?
The S&P 500 has surged more than 18% from January to August, marking its strongest first eight months since 2021 ...
Fed Unveils New Capital Requirements For Big Banks, Eases Pressure On Goldman Sachs
In a move that has captured the financial world's attention, the U.S. Federal Reserve has announced its latest set of ...
Wall Street Rises As Key Consumer Confidence Gauge Shows Gains
Wall Street's main indexes advanced this Tuesday after the latest data showed that consumer confidence rose to 103.3 in August ...
US Fed To Track The $2 Trillion Shadow Banking Exposure
In a move aimed at enhancing financial stability, the US Federal Reserve has proposed new rules that could revolutionize how ...
Wall Street’s Main Indexes Advanced After Fed Chair Powell’s Remarks
Wall Street's main indexes advanced this Wednesday after Federal Reserve Chair Jerome Powell said that inflationary pressures were likely easing. ...
Taiwan’s Central Bank Focuses On Slow And Steady Development Of CBDC
The President of the Central Bank of the Republic of China shared that developing a central bank digital currency (CBDC) ...
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