Conference highlighted the political pressures weighing on the Fed. Read more at straitstimes.com. Read more at ...

U.S. stocks surged after Jerome Powell's Jackson Hole remarks boosted hopes for a Fed rate cut with airlines, oil services and housing stocks leading the gains.

Federal Reserve Chair Jerome Powell on August 22 said that the weak job market may soon force the American central bank to cut interest rates.

The U.S. dollar slipped against the Vietnamese dong Monday morning as it edged up against major peers.

GIFT Nifty August 2025 futures were currently trading 56.50 points (or 0.23%) lower, suggesting that the Nifty 50 could open mildly in the red today.