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July 11, 2024

Inflation persistent in some frontier markets, says Fitch

High inflation levels prove to be persistent in some frontier markets, less advanced economies in the developing world, the Fitch Ratings said Thursday in a statement.

“Annual inflation rates in Frontier Markets (FM) have generally moderated in recen…

Nasdaq, S&P 500 retreat from record highs to end 7-day streak

The Nasdaq and the S and P 500 retreated from their record-high levels to close Thursday with losses and ending their seven consecutive trading days of winning streak.

The S and P 500 climbed to an all-time high level of 5,642.45 points during the se…