The trade deficit, a source of friction between India and China, declined to a five year-low of $45.8 billion, the lowest since 2015. India’s trade with China last year fell to the lowest since 2017, with the trade imbalance declining to a five-year low on the back of a slump in India’s imports from China. Two-way trade in 2020 reached […]

Check out the mortgage refinancing rates for January 21, 2021, which are unchanged from yesterday. (iStock) Based on data compiled by Credible Operations, Inc., NMLS Number 1681276, current mortgage refinance rates have remained largely unchanged compared to yesterday. Average mortgage refinance rates across all loan types hold firm at 2.500% for the third straight day. Continue Reading Below 30-year fixed-rate […]

While reporting preliminary unaudited financial information for the first quarter of fiscal 2021 on Tuesday, medical technology company Becton, Dickinson and Co. or BD (BDX) updated its revenue growth outlook for fiscal 2021. For fiscal 2021, the company now expects to deliver revenues toward the high-end of its previously communicated guidance range and above the prior adjusted earnings per share […]

El-Erian: I’ve never seen markets ‘so disconnected’ from economy Allianz chief economic adviser Mohamed El-Erian shares his thoughts on the December jobs report, a ‘weakening’ U.S. economy, bitcoin, the importance of the 10-year treasury yield and how markets are impacted by government spending. A new analysis released Monday by the U.S. Chamber of Commerce reveals that the United States' economic […]

China’s consumer price inflation retuned to positive territory in December after turning negative for the first time in more than a decade in November, data published by the National Bureau of Statistics revealed Monday. Consumer prices climbed 0.2 percent on a yearly basis in December, reversing a 0.5 percent fall in November. Economists had forecast prices to gain 0.1 percent. […]