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September 9, 2024

US stocks open with gains to kick off week higher

ISTANBUL: Major US stock exchanges opened higher on Monday to kick off the new week on a higher note.

The Dow Jones Industrial Average increased 315 points, or 0.78%, to 40,659 as of 9.59 a.m. EDT (1359GMT).

The SandP 500 rose 51 points, or 0.95% to…

Americans’ medium-term inflation expectations rise in August

ISTANBUL: American consumers’ medium-term inflation expectations rose in August, according to a survey released Monday by the Federal Reserve Bank of New York.

The median three-year ahead inflation expectations increased to 2.5% in August, from 2.3% …

War hits Israeli budget, widening deficit

ISTANBUL: Israel’s budget deficit continues to feel the impact of the country’s ongoing deadly offensive on the Gaza Strip, with the budget deficit growing gradually this year.

The budget deficit to the country’s GDP ratio was at minus 8.3% in August…