ISTANBUL: The Dow Jones industrial average hit a new record on Wednesday, while the US stocks opened the session on a mixed note.
The blue-chip index, which includes 30 prominent American companies, rose 170 points, or 0.42%, to reach 41,125 at 10.21…
ISTANBUL: The US Federal Reserve is getting closer to an interest rate cut as inflation is slowing, Fed Governor Christopher Waller said Wednesday.
“In the second quarter, data on inflation and the labor market moderated in a way that suggests progre…
ISTANBUL: The US Federal Reserve is expected to cut interest rates in December, following an anticipated reduction in September, with the European Central Bank (ECB) likely to follow suit during the same period.
Meanwhile, the possibility of Donald T…
ANKARA: The eurozone’s annual consumer inflation rate in June eased to 2.5% as initially estimated, according to a second reading released on Wednesday.
The figure was down from 2.6% in May, Eurostat data showed.
Core inflation, excluding volatile f…
ANKARA: Oil prices decreased on Wednesday due to demand worries in China, while strong demand data from the US and the Israeli aggression in Gaza supported upward price movements.
International benchmark Brent crude traded at $83.56 per barrel at 9.5…
ISTANBUL: US-based multinational investment bank and financial services company Bank of America saw its income decreasing in the second quarter of this year, according to its financial results statement released Tuesday.
The multinational investment …
