The pivotal question for Fed officials is whether the climb in US pay over the past 18 months or so is a one-time bump – as companies adjust to scarce labor supply, and a realization that their workforce was under-compensated – or a pernicious feedback loop in which prices and wages drive each other up.
ITC shares rise 2% after Q2 results. What are Jefferies, Nuvama and others saying?
ITC shares gained 2% despite an 18.5% year-on-year decline in Q2 net profit, as higher taxes and falling cigarette earnings weighed on profitability. However, its
November 3, 2026