US monetary policy: Fed’s official sees no urgency for further rate cuts, flags distorted inflation data

A senior US Federal Reserve official has said there is no immediate need to cut interest rates further, cautioning that recent inflation data may have been distorted due to disruptions in data collection during the federal government shutdown, AFP reported.Speaking to CNBC on Friday, New York Federal Reserve President John Williams said inflation readings for…

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U19 Asia Cup: India beat Sri Lanka by eight wickets in semi-final; to face Pakistan in final | Cricket News

NEW DELHI: India Under-19 booked a place in the Asia Cup final after beating Sri Lanka U19 by eight wickets in a rain-shortened semi-final on Friday. Vice-captain Vihaan Malhotra and Aaron George shared an unbroken partnership to complete the chase after India’s bowlers restricted Sri Lanka to 138 for 8 in a 20-overs-a-side contest.After rain…

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US housing market: Home sales tick up in November; annual volumes slip as prices stay elevated

Sales of existing homes in the US rose modestly in November from the previous month but declined compared with a year earlier, as higher prices continued to weigh on affordability despite relatively stable mortgage rates, according to data released on Friday, AP reported. Existing home sales increased 0.5 per cent from October to a seasonally…

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Private college in Indianapolis shuts abruptly amid funding crisis: Staff laid off, students to transfer schools

Private college in Indianapolis shuts abruptly amid funding crisis, full staff laid off. Martin University, a private institution in Indianapolis, has terminated all staff and announced it will cease operations at the end of the semester, following years of financial struggles. Students have been advised to transfer to other local colleges, with the university providing…

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‘Bat him at No. 3’: Former India batter makes strong case for Sanju Samson ahead of T20 World Cup | Cricket News

Ahmedabad: India’s Sanju Samson plays (PTI Photo/Shashank Parade) NEW DELHI: With just 50 days to go for the ICC Men’s T20 World Cup in India and Sri Lanka, Team India’s numbers no longer scream dominance, even if recent results offer some comfort.As defending champions, India began their post 2024 title run in ruthless fashion, winning…

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