By Ritu, Capital Sands European stocks found their feet again on Wednesday after the Federal Reserve signalled that it’s likely to remain on hold throughout next year, seemingly convinced that historically low jobless rates won’t create enough inflationary pressure to warrant a rate hike. By 5 AM ET (1000Read More →
By Ritu, Capital Sands The U.S. dollar index that tracks the greenback against a basket of other currencies slipped 0.1% to 97.035 by 10:02 PM ET. Overnight, the Federal Open Market Committee (FOMC) left its benchmark rate unchanged in the range of 1.5% to 1.75%. “Committee judges that the currentRead More →
Web behemoth bids to raise bar to new ultra-HD heights in gambit to win greater heft in global video game industry worth $135B Gamers were counting down to Tuesday’s launch of Google’s feature-rich, on-demand offering Stadia. But is its bang as big as its much-advertised buck? AFP had a chanceRead More →