CPI report today: What is current US Fed interest rate? Will inflation data force US Fed to go for interest rate hike?

Bitcoin price today: Why BTC USD fell near $73,000 after US CPI report and could it crash to $70,000 next?

Bitcoin price today after CPI report: BTC USD slipped towards $73,000 after hotter-than-expected US inflation data revived fears of a bigger Federal Reserve rate hike in December. With Bitcoin funds seeing billions of dollars in withdrawals, traders are watching whether BTC can hold $73,000 or face another decline towards $70,000.

China's trade surplus surpasses $1 trillion for a 2nd straight year, as exports surge 35%

Exports in October surged 35.2% from a year earlier, the customs agency said. Exports have grown rapidly this year, supported by high-tech goods like semiconductors and autos.

UNESCO recognises 307-year-old Mahabharata manuscript preserved at Visva-Bharati

The UNESCO register preserves and highlights documentary heritage of major cultural, historical, and scientific significance across the region.

UNESCO recognises 307-year-old Mahabharata manuscript preserved at Visva-Bharati

The UNESCO register preserves and highlights documentary heritage of major cultural, historical, and scientific significance across the region.

Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectations

New data has revealed that US consumer prices rose faster than anticipated, prompting speculation about interest rate changes. Fed Governor Christopher Waller suggested a half percentage point hike may be necessary if core prices continue rising. The Consumer Price Index showed a month-over-month increase of 0.4% in October, with core inflation remaining persistent. The bond market reacted strongly to these developments, significantly affecting Treasury yields.

'A' plus plus plus grade: Trump praises Pete Hegseth's performance

President Trump has endorsed Secretary of War Pete Hegseth during his defense against impeachment initiated by Thomas Massie. Hegseth faces charges related to military operations in Iran, Yemen, and Venezuela which some lawmakers say violate the Constitution. His strong rebuttal emphasizes legality and stress over political motivations behind the impeachment resolution. The House is set to examine these allegations further, with proceedings currently underway.

Israel's parliament sworn in as Eisenkot tries to forge a government

Israel's parliament members were sworn in after a general election resulted in a coalition deadlock. Gadi Eisenkot, tasked with forming a government, faces challenges due to a lack of majority support. Prime Minister Benjamin Netanyahu remains in office as caretaker until a new government is established. The failure to form a coalition may lead to another election in the near future.

'Who was the real Prez?': Autopen scandal explodes at ‘Biden cover-up’ hearing; Senators erupt

US stocks: Dow Jones falls 200 points as hot inflation revives rate-hike fears; Nvidia sinks

On Tuesday, Wall Street faced a downturn as inflation figures surpassed projections, raising worries about potential interest rate hikes. The declines were evident across the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite indices. While financial stocks showed minor gains, technology shares, especially Nvidia, experienced fluctuations due to uncertainty in leadership. Anthropic's looming IPO threatens to heat up competition in the AI field.

Who is David Walliams? ‘Little Britain’ star faces sexual misconduct allegations as he denies wrongdoing

David Walliams, a well-known writer and comedian, is facing allegations of inappropriate sexual behavior. These allegations emerged from an investigation conducted by The Guardian and ITV News. Several women reported inappropriate contact with Walliams during their teenage years, claiming he exploited his celebrity status. As a result, HarperCollins has ceased publishing his works due to concerns regarding his behavior.

What is Vitamin K deficiency bleeding, and why does it occur in newborns? Here's what the new study found

A 347% increase has been witnessed in the number of newborns suffering from the Vitamin K Deficiency Bleeding (VKDB) in the US between 2017 and 2025, a new study has found. The reason for this rise seems to be that fewer newborns are receiving vitamin K injections, said researchers. Vitamin K deficiency leads to bleeding within the body and cause serious complications for a newborn.

Easing global headwinds, lower crude oil prices may further lift rupee in coming months: Economists

Economists predict the Indian rupee will strengthen against the US dollar in the coming months. Factors contributing to this appreciation include lower crude oil prices and improving foreign capital inflows. Additionally, a weaker US dollar and the easing of geopolitical tensions are supporting this trend. The Reserve Bank of India has implemented measures to stabilize the currency and enhance dollar availability.