Retail traders buy Tuesday’s dip while Wall Street drove ‘Sell America’ trade

Retail traders leaned on their 2025 playbook and bought the dip this week as market volatility surged. Stocks posted their worst day since October on Tuesday after President Trump threatened to take over Greenland and announced tariffs on eight European nations that opposed him. But the market rebounded on Wednesday after Trump announced a “framework”…

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US inflation data: Fed’s preferred gauge stays above target; January rate cut pause in focus

The US Federal Reserve’s preferred inflation measure remained elevated in November, reinforcing expectations that policymakers are likely to pause further interest rate cuts as they assess the impact of earlier easing and new trade-related pressures.Data released by the US Department of Commerce on Thursday showed that the personal consumption expenditures (PCE) price index rose 2.8%…

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‘Is CM so helpless’: Bombay HC raps Maharashtra government; Sena minister’s son evades arrest | India News

NEW DELHI: The Bombay high court on Thursday came down sharply on the Maharashtra government, questioning whether the rule of law prevails in the state and asking if the chief minister was too “helpless” to act against a cabinet minister whose son has been evading arrest for weeks.The remarks were made by Justice Madhav Jamdar…

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Are healthcare costs driving India’s personal loan boom? Paisabazaar study explains

Healthcare emergencies have emerged as one of the leading reasons for personal loan borrowing in urban India, highlighting gaps in health insurance coverage and rising medical costs, according to a new consumer research report released by Paisabazaar.The study, titled The Personal Loan Story, found that 11% of personal loan borrowers nationwide took credit to meet…

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Rieder odds rising for Fed chair after Trump calls BlackRock executive ‘very impressive’

Rick Rieder, BlackRock’s senior managing director, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC BlackRock fixed income chief Rick Rieder’s star is rising as a potential Federal Reserve chair following flattering remarks Wednesday from President Donald Trump. In a CNBC interview, Trump called Rieder “very…

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Eternal CEO transition: Zomato founder Deepinder Goyal gives up Rs 1,000 crore in stock options; what it means for shareholders

Billionaire founder Deepinder Goyal has relinquished over Rs 1,000 crore worth of unvested employee stock options (ESOPs) at Eternal, marking one of the most significant founder-led governance moves seen in India’s listed internet sector in recent years.The decision comes alongside a leadership transition at the food delivery and quick-commerce major, with Goyal stepping down as…

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‘Acting like party agents’: Stalin seeks to scrap governor’s address; to consult ‘like-minded opposition parties’ | India News

NEW DELHI: Tamil Nadu chief minister MK Stalin on Thursday said his party DMK would consult like-minded opposition parties to move a constitutional amendment to end the practice of the governor’s address at the start of the first assembly session. This comes after a series of confrontations in Opposition-ruled states where governors refused to read…

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