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Federal Reserve Governor Michelle Bowman reiterated that she expects inflation to remain high for some time, but she still believes that with interest rates maintained at current levels, price pressures will eventually subside.

Financial News Agency, May 18 (Editor Liu Rui) Under the influence of the intensification of the Red Sea crisis and the recovery of consumer demand in Europe, global shipping pressure has continued to rise in recent days.

Three Fed officials said the central bank should keep interest rates high for longer as policymakers await more evidence of slowing inflation, suggesting officials are in no rush to cut rates.

iQiyi (Nasdaq: IQ) yesterday released its financial report for the first quarter of 2024 as of March 31: total revenue was 7.9 billion yuan, a year-on-year decrease of 5%

The number of Americans filing initial claims for unemployment benefits fell last week as seasonal factors that led to a surge in claims in New York the previous week disappeared.

Gelonghui, May 16 | Corebridge Financial (CRBG.US) rose 12.47% to US$33.92

Mahindra & Mahindra, Tata Consumers, Bharti Airtel, LTI Mindtree and Tech Mahindra were top gainers on the NSE, while Maruti, SBI, Tata Motors, Power Grid Corporation, and BPCL were top losers on Thursday’s trade.

SBI Mutual Fund expects to mop up ₹5,000 crore through its seventh thematic new fund offer (NFO) on Automotive Opportunities, which will be open for investors till May 31.

Well-known technology analyst Gene Munster believes that OpenAI chief scientist Ilya Sutskever, who announced his resignation this week, is likely to join Musk\’s artificial intelligence startup xAI

BSE Sensex ended at 72,987.03, lower by 117.58 pts or 0.16 per cent on Wednesday’s trade, and Nifty 50 ended at 22,200.55, down by 17.30 pts or 0.08 per cent