Usa Financial News

Two senior executives from cryptocurrency exchange Binance have been detained against their will by Nigerian authorities for the past two weeks. 

Coinbase has filed a lawsuit against the Securities and Exchange Commission (SEC), seeking a court directive for the regulatory authority to establish clear guidelines for the cryptocurrency sector.

Bitcoin reaching record levels $72, 000 on March 11, the cryptocurrency is poised to touch new peaks. According to crypto market research platform Crebaco, Bitcoin is well on track to reach USD100,000-USD150,000 by the end of 2024. As exuberance grows, Abhishek Kumar Gupta, Co-Founder of NFTFN talks about what could drive a bigger rally in Bitcoin and what it means for the broader cryptocurrency market. Edited excerpts: Economic Times (ET): Bitcoin levels are touching new peak and we now hear about Bitcoin Halving that is expected to drive up value even more. What is Bitcoin halving and why does it matter? Abhishek Kumar Gupta (AKG): Bitcoin Halving is an event that occurs approximately every four years, where the reward for mining new Bitcoin blocks is halved.

Green Card backlog, an issue that is majorly impacting Indian professionals and the issues related to the H-1B visa. At the first-of-its-kind 'Tech Immigration Summit' at the US Capitol on Monday hosted by the Foundation for India and Indian Diaspora (FIIDS), the lawmakers pushed for removing the seven per cent country quota when it comes to issuing Green Card or legal permanent residency to foreign guest workers in specialised categories. In the absence of such a move, the Green Card waiting period for Indian immigrants would be more than 20 years and over 70 years in many cases.

Bitcoin raced to an all-time peak above $72,000 Monday as the world's most popular cryptocurrency won further support on greater trading accessibility and dollar weakness. The virtual unit struck $72,234 as dealers also eyed an upcoming industry event that traditionally boosts bitcoin's price.

Former Kansas City Federal Reserve Bank President Thomas Hoenig reacts to Jerome Powell saying the Fed is not ready to start cutting rates on 'Cavuto: Coast to Coast.'

air passenger market by 2030, after China and the US, as per the International Air Transport Association (IATA). The aviation market, estimated at $13.5 billion in 2024, is projected to reach $23.2 billion by 2029, implying a compounded annual growth rate (CAGR) of 11.4% during 2024-2029. No nation in the world is buying as many aeroplanes as India.

Mudrex, a Y-Combinator-backed global crypto investment platform, on Monday announced the launch of US Bitcoin Spot ETFs for Indian investors. Those interested can start investing in Bitcoin spot ETFs on Mudrex’s platform with a minimum amount of $5,000 and a maximum of $250,000. Mudrex empowers investors to choose individual spot ETFs, create a personalised basket, or opt for pre-listed options depending on market capitalisation.

Bitcoin hit an all-time high on Monday, contributing to the rapid rebound of the cryptocurrency market. The largest crypto by market cap surged to as much as $72,710 late Monday. Meanwhile, Ether rose 4.5% to $4,038.

here to register now. Here is the full list of winners. Reformer of the Year: S Jaishankar, Minister of External Affairs External affairs minister S Jaishankar has led from the front in steering India’s trade and economic diplomacy through the year amid multiple geopolitical uncertainties.

While optimism about the US economy’s direction has seen an uptick, an unprecedented number of Americans are reporting a heightened sense of financial insecurity, according to a new study from Northwestern Mutual.

Limra has entered into a strategic partnership aimed at enhancing fraud prevention in the retirement services and life insurance sectors.

A federal judge in Texas has blocked a new rule by the National Labor Relations Board that would have made it easier for millions of workers to form unions at big companies

Shares are mostly higher in Asia ahead of a report on inflation in the U.S. that could sway the Federal Reserve's timing on cutting interest rates

The Body Shop has ceased its U.S. operations and is closing dozens of locations in Canada amid deepening financial struggles for the British beauty and cosmetics chain

With no end to fighting in sight, Palestinians in Gaza have begun fasting for the holy month of Ramadan as hunger worsens across the strip and pressure grows on Israel over the growing humanitarian crisis

West Virginia Gov. Jim Justice was recently back in the spotlight

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The U.S., Canada and several indigenous groups have agreed to address pollution from coal mining in British Columbia that officials say has been contaminating waterways on both sides of the border for many years

Shoppers who want to determine if their meat, eggs and poultry were “Made in the USA” are expected to find the task easier once a finalized federal rule takes effect

The U.S. commerce secretary says Washington is constantly assessing the need to expand export controls to stop China from acquiring advanced computer chips and manufacturing equipment that can be used to boost its military