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The strong run in US initial public offerings has lost momentum due to the government shutdown and increased investor caution, as the Securities and Exchange Commission (SEC) works through a backlog of regulatory filings, according to market participants.Many IPOs expected in late 2025 are likely to be pushed to 2026 as the SEC clears “hundreds…
File photo (Picture credit: AP) The US government will not release official inflation or jobs figures for October after the record-long shutdown prevented statisticians from gathering essential data, leaving the Federal Reserve without two major indicators ahead of its December policy meeting.The Bureau of Labor Statistics (BLS) confirmed on Friday that the October consumer price…
The US government will not publish consumer inflation data for October after a 43-day federal shutdown disrupted data collection, intensifying uncertainty ahead of the Federal Reserve’s December policy meeting.The Bureau of Labor Statistics (BLS) said it “is unable to retroactively collect” consumer price data for October and will not release the report originally scheduled for…
The US trade deficit narrowed by about 24 per cent in August as sweeping tariffs imposed by President Donald Trump reduced imports, according to a delayed Commerce Department report released Wednesday. According to Associated Press, citing the report, the trade gap fell to $59.6 billion in August from $78.2 billion in July. Imports declined 5…
Representative image (Picture credit: AP) The Federal Aviation Administration will lift all flight-reduction orders at 40 major airports from Monday, allowing airlines to return to normal operations after weeks of shutdown-triggered disruptions.In a joint statement, transportation secretary Sean Duffy and FAA administrator Bryan Bedford said regular schedules can resume from 6 am EST on Monday….
Millions of Americans greeted the end of the record-setting 43-day government shutdown and the resumption of food stamp benefits with relief, but others are learning they could soon lose federal food aid permanently under a new Republican tax and spending law.Agriculture Secretary Brooke Rollins directed USDA staff during the shutdown to press states towards compliance…
US President Donald Trump (Photo credit: AP) The TOI correspondent from Washington: In a head-spinning pivot from fiscal brinkmanship to scandalous revelations, the United States emerged from its longest government shutdown in history on Thursday only for Congress to unleash a fresh torrent of Jeffrey Epstein documents that ensnare President Donald Trump in a web…
Stock markets in the United States were at a low as investors await further economic indicators. The S&P 500 declined by 0.4% in early Thursday trading, moving away from its recent record high achieved in the previous month. The Dow Jones Industrial Average dropped 41 points, while the Nasdaq composite fell 0.7%. After the longest…
Asian markets traded mostly in red on Thursday as excitement over the end of the United States’ record government shutdown quickly lost steam. With the focus shifting back to the Federal Reserve’s next interest rate decision and mounting fears of a technology sector bubble, investors showed little appetite for risk.Nikkei jumped 88 points or 0.17%…
US President Donald Trump on Wednesday (local time) signed a government funding bill to end a record 43-day shutdown that triggered financial stress to federal workers. The shutdown highly impacted travellers at several airports in US and led to long queues at food banks.He said, “I just want to tell you the country has never…
