Retail sales, a key gauge of consumption, rose by 2.1 per cent year on year last month after 2.7 per cent growth was observed in July, bureau data showed. The reading fell short of the 2.68 per ...

Titled "A Resilient Africa: Delivering Growth in a Turbulent World," details the continent's recent economic output, challenges, and growth predictions. The title reflects Africa's potential as an ...

Titled "A Resilient Africa: Delivering Growth in a Turbulent World," details ... Africa has long been touted as an economic "sleeping giant." In 2009, Michael Morris published a book, Awakening ...

The jumbo rate cut of 50 basis points is expected to benefit multiple sectors of the economy that rely heavily on short-term debt to finance their growth, such as real estate, clean energy ...

Data from the Labor Department on Thursday showed that the number of Americans filing new applications for unemployment benefits dropped to a four-month low last week, indicating solid job growth in ...

Data from the Labor Department on Thursday showed that the number of Americans filing new applications for unemployment benefits dropped to a four-month low last week, indicating solid job growth in ...

The online food delivery giant has seen its brand value double, reaching a whopping $3.5 billion. According to the 'Kantar BrandZ Most Valuable Indian Brands' report, Zomato is the fastest riser, ...

Bullion rose to a record high of $2,599.92 on Wednesday following Fed's decision on rate cuts. * U.S. gold futures edged 0.1% lower to $2,611.50. * Data from the Labor Department on Thursday showed ...

Shawn Green was driving back to Orange County from Stanford, where he had dropped his youngest daughter off for her freshman year of college, when the text messages began pouring in.

The Fed typically cuts rates to stimulate economic growth. The process works like this: When the economy begins to overheat and inflation rises too quickly, the Fed may raise interest rates.

The consensus view is that lower rates will stave off a recession by stimulating economic growth through lower borrowing costs. There was much debate about whether the Fed would cut by a half ...

The Federal Reserve slashed the federal funds rate by 50 basis points last week ... That represented 16.5% year-over-year growth, which was the fastest pace in three and a half years.