Wall Street Steady as Fed Cut Hopes Rise

As investors awaited a crucial inflation data, U.S. stock futures saw minimal movement on Thursday night after Wall Street’s somewhat flat closing, which was bolstered by strong expectations of a Federal Reserve rate drop next week. By 20:10 ET (00:10 GMT), S&P 500 Futures had risen 0.1% to 6,872.50 points, while Nasdaq 100 Futures had … Read more

Oil Prices Rise on Ukraine Stalemate & Fed Rate-Cut Hopes

After increasing during the previous session, oil prices remained mostly stable in Asian trade on Friday as optimism was bolstered by delayed diplomatic progress over the conflict in Ukraine and strong anticipation of a rate decrease by the U.S. Federal Reserve. West Texas Intermediate WTI oil futures dropped 0.3% to $59.30 per barrel as of … Read more

IndiGo Cancels 550 Flights Amid Operational Disruptions

One of India’s top airlines, IndiGo, is still experiencing operational difficulties as 550 flights were canceled nationwide on Thursday. Airport pandemonium resulted from the cancellation of at least 191 of the total flights in Delhi, Mumbai, Ahmedabad, and Hyderabad. Regarding the current turmoil, the airline has released a statement. “Over the last two days, IndiGo’s … Read more