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India's unemployment rate increased to a three-month high at 8% in November, according to CMIE. Investors will keep an eye on the US jobs report which might provide further clues on Fed's next policy steps. 02 Dec 2022, 11:07:44 AM IST EU edges closer to USD 60-per-barrel Russian oil price cap The…

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Indian shares were trading flat on Thursday amid volatility. Asian markets were mixed but US shares ended firm overnight. Though US inflation was at its highest in decades, it largely met economists' expectations, cooling some fears that the Federal Reserve would have to pull back support even more forcibly than already expected.…

U.S. stocks extended their downtrend Thursday as optimism around easing inflation and a Federal Reserve policy shift waned, while Wall Street parsed through a motley of corporate earnings.The S&P 500 (^GSPC) was down 0.3% after coming off of a session low of more than 1%, while the Dow Jones Industrial Average (^DJI) was roughly flat, paring…

McKayla Moore, left, and Emma Richards, visiting in the student union on the University of Utah campus during the first week of the spring semester in Salt Lake City.Credit...Kim Raff for The New York TimesCHICAGO — New coronavirus cases have started to fall nationally, signaling that the Omicron-fueled spike that has infected tens of millions…