Economic News

By Harshit, Washington, D.C., October 2, 2025 – 7:30 AM EDT Treasury Secretary Highlights Risks U.S. Treasury Secretary Scott Bessent warned Thursday that the ongoing government shutdown could weigh on economic growth. Speaking on CNBC’s “Squawk Box,” Bessent said, “This isn’t the way to have a discussion, shutting down the government and lowering the GDP. […]

By Harshit, New Delhi, October 2, 2025 – 8:30 AM IST A Gold Rush in India’s Digital Backbone India is witnessing a surge of investment in its rapidly expanding data center industry, as global tech giants, Indian billionaires, and even luxury real estate developers rush to stake their claim. Current data center capacity in India

Washington, D.C., October 1, 2025 – 8:30 AM EDT By Harshit Yields Fall Amid Weak Economic Signals U.S. Treasury yields fell on Wednesday after fresh data from ADP revealed a surprise decline in private payrolls, while traders continued to weigh the implications of the ongoing federal government shutdown. The benchmark 10-year Treasury yield slid nearly

London, October 1, 2025 – 8:45 AM EDT — By Harshit European stocks opened mixed on Wednesday as global investors reacted to the U.S. government shutdown, which has halted critical economic data releases and raised fresh uncertainty for markets. The pan-European Stoxx 600 was up 0.6% as of 1:45 p.m. in London, with most major

Washington, D.C., September 30, 2025 – 9:15 AM EDT — By Harshit Consumer confidence in the United States fell in September, underscoring growing unease among households as the nation edges closer to a federal government shutdown. The Conference Board’s widely watched index registered a reading of 94.2, down 3.6 points from August and below the

London, September 30, 2025 – 2:00 PM BST — By Harshit European stocks inched upward on Tuesday as investors weighed fresh U.S. trade tariffs announced by President Donald Trump and a lingering political deadlock in Washington. Market sentiment was cautious but leaned positive, with investors balancing corporate news and broader economic risks. Market Performance The

By Harshit, New York, September 29, 2025 – 4:30 AM ET: U.S. Treasury yields moved lower early Monday as investors turned their attention to a packed week of economic releases, highlighted by the upcoming September nonfarm payrolls report. The data is expected to play a decisive role in shaping the Federal Reserve’s monetary policy outlook

By HARSHIT, Washington, D.C., September 29, 2025 – 5:30 AM EDT: The fragility of the global economy was once again underlined this morning with the release of the 2025 Index of Economic Freedom, which shows that despite slight improvement, the world remains “mostly unfree.” The annual report, published by the Heritage Foundation, revealed that the

By Harshit New York, September 28, 2025 — 11:00 AM ET The U.S. economy continues to defy expectations of slowdown, with stock market gains driving consumer spending and helping stabilize growth even amid weak job creation and persistent inflation pressures, according to recent data and expert analysis. Stock Market’s “Wealth Effect” Powers Spending Despite concerns

By Harshit, New York, September 28, 2025 — 9:30 AM ET At the 80th session of the United Nations General Assembly, Russian Foreign Minister Sergey Lavrov reaffirmed that the longstanding economic and strategic partnership between India and Russia remains “not under threat,” despite U.S. tariffs imposed on India for importing Russian oil. Strategic Partnership Remains