The Nigerian equities market yesterday closed on a negative note following share price depreciation in Aradel Holdings Plc ...

Still, it will take heart from the benign December consumer price index (CPI) read and sharpen its scissors for another 25-basis point rate cut on 30 January 2025. This would be its third on the ...

The FDA will no longer allow Red No. 3 in food, beverages and ingested drugs. The U.S. Food and Drug Administration's decision to ban the use of Red No. 3 dye in food products and medications has ...

The headline CPI rose 2.9% annually ... The pair has broken above the red-dotted channel and is now approaching the black trendline of the channel near $0.6250. A break above this level could ...

Earlier this week the U.S. Food and Drug Administration revoked the authorization of the dye Red No. 3, which is used in a variety of foods and medications. This artificial dye, which is made from ...

United States food regulators have banned Red Dye 3, a dye used in food, drinks and medicine after evidence found that it causes cancer in rats. On Wednesday, the Food and Drug Administration (FDA ...

"After recent red-hot data, today's softer-than-expected core CPI reading should help cool fears of a reacceleration in inflation," said Tina Adatia, head of fixed income client portfolio ...

The CPI news indicated that the Federal Reserve may be more likely to lower interest rates in the future, assuaging some investors fears of an extended pause or even higher rates. Lower rates and ...

Markets cheered a December inflation report that suggested underlying price pressures are easing, but the Federal Reserve still isn’t likely to cut interest rates anytime soon given President ...

However, the final yardage of inflation reduction, or “red zone inflation,” as I prefer to coin it, has proven more stubborn. Today’s release of the December CPI report showcased this ...