By Jimmy Patel The successive policy repo rate cuts by the Reserve Bank of India (RBI) since 2019 to support growth has left sections of the society nervous. The rate cuts are good news for…
$20,000 in credit card debt and a negative…
Jeanne Flynn, 34, has accumulated thousands in credit card debt while waiting for unemployment benefits to arrive in New Jersey.Jeanne FlynnJeanne Flynn used to worry about money. But never like this.Flynn, 34, lost her restaurant…
Negative views about China soared to record highs…
Chinese President Xi Jinping, waves to residents who are quarantined at home and sends regards to them at a community in Wuhan, central China's Hubei Province, March 10, 2020.Pang Xinglei | Xinhua via GettySINGAPORE —…
MCX starts mock trading to include zero, negative…
MUMBAI: Multi Commodity Exchange of India on Saturday launched mock trading on a new version of software to accommodate zero and negative prices of commodities derivatives contracts on its platform. The new trading software will…
Goldman Sachs says a second wave of coronavirus…
Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC.Getty ImagesAnother "big setback" in the U.S. economy could prompt the Federal Reserve to consider cutting interest rates into negative territory — but such…
‘Scary,’ ‘visceral,’ ‘unprecedented’: Traders describe oil’s wild week…
Comstock | Stockbyte | Getty Images"Scary," "unbelievable," "so dramatic," "unprecedented," "very visceral": These are among the choice words Wall Street veterans used to describe what was, for the oil market, a week for the history…