Federal Reserve Chair Jerome Powell on Monday said the central bank is closely monitoring inflation risks arising from the spike in energy prices due to the Iran war, but cautioned that there is limited scope for policy intervention in such supply-driven shocks.Speaking at Harvard University before nearly 400 students, Powell said energy shocks typically tend…
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NEW DELHI: A video showing a large mob allegedly parading and assaulting a woman in Bihar’s Nalanda district went viral on social media on Tuesday, triggering a sharp political backlash. The opposition targeted the ruling NDA alliance over “collapsed” law and order in the state, calling it the “beginning of brutality akin to Manipur” .The…
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Bitcoin BTC$67,552.47 rose alongside U.S. stocks after Iran’s President Masoud Pezeshkian reportedly said the country would be prepared to end the conflict if it receives security guarantees. The crypto asset was trading at $67,762, up nearly 2% over the past 24 hours. The Nasdad about doubled its gain on the news, now higher by 3.1%….
Warren Buffett warned that the spread of nuclear weapons is making the world a more dangerous place, saying the prospect of Iran acquiring a bomb would heighten the risk of a catastrophic conflict. The Berkshire Hathaway chairman said the growing number of nuclear-armed states has fundamentally altered the global risk landscape, amplifying concerns he has…
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