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Economy
Stories and analysis from The Business Now newsroom.
Economy
EPFO Interest Credit 2026: When Will the 8.25% EPF Interest Be Credited? Here’s Everything Employees Need to Know
EPFO Interest Credit 2026: When Will the 8.25% EPF Interest Be Credited? Here’s Everything Employees Need to Know Millions of salaried employees across India are eagerly waiting for one important update—the annual Employees’ Provident Fund (EPF) interest credit. The Employees’ Provident Fund Organisation (EPFO) has approved an annual interest rate of 8.25% for eligible EPF...
Business
PepsiCo (PEP) Earnings Preview: Can the Beverage Giant Beat Expectations Again? What Wall Street Is Watching
PepsiCo Earnings Preview: Can PEP Continue Its Winning Streak? PepsiCo (NASDAQ: PEP) is back in focus as investors await its next quarterly earnings report. While the official reporting date has yet to be confirmed, analysts expect another closely watched quarter for one of the world’s largest food and beverage companies. The current consensus projects earnings...
Business
Why AI Chip Stocks Are Powering the US Stock Market While Consumer Giants Struggle
Wall Street opened Thursday with cautious optimism, as investors continued rotating money into artificial intelligence and semiconductor companies while trimming exposure to slower-growth consumer businesses. The broader U.S. stock market traded modestly higher, supported primarily by technology shares. Although major indexes posted only limited gains, investor attention quickly shifted toward one standout performer—Lam Research, whose...
Economy
FII vs DII Activity Today (July 9, 2026): Domestic Investors Overpower Foreign Selling, Keeping Indian Markets Resilient
India’s stock market witnessed another interesting battle between foreign and domestic institutional investors on Thursday, July 9, as Foreign Institutional Investors (FIIs) continued their selling streak while Domestic Institutional Investors (DIIs) stepped in aggressively, helping support overall market sentiment. According to the latest market data: Investor Category Activity Foreign Institutional Investors (FIIs) Sold ₹532.86 Crore...
Business
Fed’s John Williams Warns AI Could Become the Next Inflation Risk: What It Means for the U.S. Economy
As artificial intelligence transforms industries across the globe, one of the Federal Reserve’s most influential policymakers believes the technology could become one of the biggest economic stories of the decade. John Williams, President of the Federal Reserve Bank of New York, recently said that artificial intelligence has become one of his primary concerns when thinking...
Business
SK Hynix Targets Higher US Offering Price as AI Chip Demand Fuels Investor Optimism
South Korean semiconductor giant SK Hynix is reportedly seeking to price its planned U.S. offering at approximately 3.1% above its latest closing price in South Korea, signaling strong confidence in investor demand and the continued momentum behind artificial intelligence (AI) infrastructure. The move comes as global semiconductor companies remain at the center of the AI...
Economy
US Dollar Holds Steady as Oil Stabilizes While Initial Jobless Claims Fall: What It Means for Markets Today
US Dollar Trades with a Softer Tone as Oil Prices Stabilize The US dollar remained under mild pressure during Thursday’s trading session as crude oil prices stabilized, reducing demand for traditional safe-haven assets. At the same time, fresh labor market data showed that US initial jobless claims declined by 2,000 to 215,000, signaling that the...
Economy
Why Did SpaceX’s Falcon 9 Create a Giant “Space Jellyfish”? The Science Behind the Viral Sky Phenomenon
When SpaceX’s Falcon 9 rocket blasted off from Florida in the early hours of Thursday morning, the mission itself was already making history. The reusable booster completed its 36th successful flight, extending its own record and once again proving why SpaceX remains the global leader in reusable rocket technology. But while aerospace engineers celebrated another...
Economy
Mortgage Rates Today (July 9, 2026): Falling Rates Offer Relief for Homebuyers and Homeowners
Mortgage Rates Continue to Fall, Giving Buyers a Welcome Break After months of elevated borrowing costs, U.S. mortgage rates are continuing their gradual decline, providing encouraging news for both prospective homebuyers and homeowners considering refinancing. The latest market trends show that mortgage rates have eased for several consecutive sessions, helping improve affordability in a housing...