US stock market: Dow, Nasdaq slip as concerns rise of stricter China COVID curbs

Wall Street’s main indexes ended Monday roughly down on fears that China could resume stricter measures to fight COVID-19 after it said it faces its most severe test of the pandemic. Beijing said on Monday it would shut businesses and schools in hard-hit districts and tighten rules for entering the city, as infections ticked higher. […]

Inflation at manageable level: Finance Minister Nirmala Sitharaman

Inflation is at a manageable level, finance minister Nirmala Sitharaman said on Saturday. The comments by the finance minister came a day after RBI hiked interest rate by 50 basis points in a bid to bring inflation to its comfort zone and in line with aggressive policy tightening by key global central banks. The third […]

Walmart, Target Kick Off Holiday Deals Early To Ease Inflation Sting

NEW YORK (AP) — Walmart and Target plan to begin offering deals and price matching offers earlier this year to keep up with Americans pressed by soaring inflation and looking for ways to ease the potential sting of holiday shopping. For two years now, shoppers have started preparing for the holidays early but last year […]