The Swiss National Bank unexpectedly left its benchmark rate unchanged on Thursday, as policymakers assessed that the significant tightening of policy over the past five consecutive meetings is countering inflationary pressure, though the bank left the door open for future hikes. The SNB Governing Board, chaired by Thomas Jordan, decided to hold the policy rate at 1.75 percent, while markets […]

While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu. An extraordinary bullishness has gripped a segment of the Indian market. While the larger companies are merely chugging along, […]

Donald Trump once again is skipping the second Republican presidential debate, but his presence was apparent at the venue, the Ronald Reagan Presidential Library in Simi Valley, CA. Along Madera Drive, about a dozen of his supporters waved large campaign flags and banners — including signs that read “Save California, Save America,” while another posted an apparently outdated “Recall Newsom” […]

Initial trends on the U.S. Futures Index on Wednesday suggest that Wall Street might open positive. Asian shares finished in negative territory, while European shares are trading higher. Fed Monetary Policy announcement might be the focus on Wednesday. As of 7.55 am ET, the Dow futures were up 89.00 points, the S&P 500 futures were adding 10.25 points and the […]

EXCLUSIVE: “This strike was way too long, because the companies took so long to get serious,” WGA West President Meredith Stiehm declared tonight of the nearly 150 days the Writers Guild was out on the picket lines before a tentative agreement was reached on September 24. “I feel sad and pained that it took this long because when we got […]

This is Day 76 of the SAG-AFTRA strike.  A fourth straight day of rain in New York City — the remnants of Tropical Storm Ophelia — greeted striking film and television workers who were back on picket lines this week for the first time since the announcement of a deal between the Writers Guild and the Alliance of Motion Picture and Television […]

EXCLUSIVE: (Updated with SAG-AFTRA statement) As the WGA leadership and members move forward on the scribes’ tentative agreement with the studios and streamers, the 160,000-strong actors union could be sitting down with the AMPTP within days. Riding the momentum that has hit Hollywood since the WGA and the Alliance of Motion Picture and Television Producers struck a deal on September […]

Thirty-two coastal Atlantic countries across four continents adopted a Declaration on Atlantic Cooperation launching the Partnership for Atlantic Cooperation. This new multilateral forum brings together coastal Atlantic countries across Africa, Europe, North America, South America, and the Caribbean to engage in collective problem-solving and uphold a set of shared principles for Atlantic cooperation. U.S. Secretary of State Antony Blinken and […]

After ending the previous session little changed, stocks may continue to show a lack of direction in early trading on Tuesday. The major index futures are currently pointing to a roughly flat open for the markets, with the Dow futures up by just 5 points. Traders may continue to stick to the sidelines as they await the Federal Reserve’s highly […]