Usa Financial News

By Jonathan Stempel

₹15,000 crore. Under the plan, five prototypes of the AMCA will jointly be built by the Aeronautical Development Agency (ADA) and state-run Hindustan Aeronautics Limited (HAL) with support from private industries.

By David Shepardson

Investing.com-- The S&P 500 closed at record high Thursday, led by tech, as Federal Reserve Chair Jerome Powell reiterated rate cuts are on the table this year, adding to investor optimism that global central banks are expected to begin easing monetary policy measures in June. 

WASHINGTON (Reuters) — U.S. Treasury Secretary Janet Yellen said on Thursday that Congress' inaction in approving new U.S. aid to Ukraine is «nothing short of a gift» to Russian President Vladimir Putin, Iran and other adversaries as Ukrainian forces run short of ammunition to fight Russia's invasion.

Discount grocer Aldi plans to add 800 stores across the U.S. in a five-year expansion plan as it looks to capitalize on cost-conscious Americans feeling the pinch at grocery stores

A sweeping bank regulatory proposal will be significantly revised by year’s end, Federal Reserve Chair Jerome Powell said Thursday, a potential victory for the large banks that have aggressively opposed the likely changes

Fox will expand its coverage of college football with a package of Friday night games

By Jamie McGeever

The average long-term U.S. mortgage rate edged lower for the first time in five weeks, a welcome shift for home shoppers this spring homebuying season

Stocks that are trading heavily or have substantial price changes on Thursday: Burlington Stores, Kroger rise; Victoria’s Secret, Infinera fall

The future of online gambling will be more social, more engaged with players and more targeted to their individual interests

President Nayib Bukele responded humorously to a social media post on March 7, highlighting the legal troubles of one of his country’s prominent critics in Capitol Hill. Bukele quoted a post on X (formerly Twitter) with a laughing emoji.

Binance.US lost three-quarters of its revenue after the SEC sued it, according to a new legal filing of a deposition in December 2023 by Chief Operations Officer Christopher Blodgett.

The Bitcoin (BTC) price briefly retook $68,000 on Thursday amid a dip in the US dollar following dovish remarks from US Federal Reserve Chair Jerome Powell, coming within about 2% of the record highs it printed earlier in the week.

South Korea’s National Police Agency has officially requested assistance from the International Criminal Police Organization (Interpol) in bringing back Kwon Do-hyeong, the co-founder of Terraform Labs, to South Korea, according to a local news agency on March 7.

Mainstay Capital Management CEO David Kudla argues the Fed will be 'very cautious' and there won't be rate cuts for some time.

Payne Capital Management President Ryan Payne weighs in on the U.S. economy, arguing that purchasing power will continue to ‘strengthen’ for the American people.

Singtel) has sold a 0.8% stake in Bharti Airtel to US investment firm GQG Partners for about ₹5,884.8 crore (S$950 million) as part of its value unlocking strategy and to raise funds for other ventures like data centres. Singtel, through its wholly-owned subsidiary Pastel, sold 49 million shares of Bharti Airtel at ₹ 1,193.7 apiece. Shares of Airtel touched a 52-week high of ₹1,213.05 apiece on the BSE on Thursday. They closed nearly 1% higher at ₹ 1,203.50 apiece.

Trump gets re-elected in November and implements his promise of imposing a 60% tariff on Chinese imports? A step like that would affect the economies of many countries, including India, as new opportunities as well as challenges would arise. So far, Beijing has been silent about how it will deal with this possible Made-in-America challenge. Premier Li Qiang recently presented his 'work report', the Chinese version of a budget speech, without revealing much about the country's economic strategy to deal with this and other issues. Chinese leaders are watching the evolving situation within its own economy and the US political scene, instead of rushing to formulate new policies. CPC has also not held its third plenum to formulate economic policy for 2022-27. The party holds seven plenums on different issues every five years, and the third one is reserved for discussion on economic matters. Silence on the part of authorities is giving the impression that Xi Jinping, who also happens to be party general secretary, is ending the tradition.