Usa Financial News
07.03 / 13:23
markets
Kroger
Trade
show
Department
Kroger forecasts 2024 sales, profit largely above market estimates
(Reuters) -Kroger on Thursday forecast annual sales and profit largely above Wall Street estimates on higher demand for groceries at its stores as more Americans prepare meals at home amid persistent inflation.
07.03 / 13:23
COST
UPS
Eagle
Trade
American Eagle beats quarterly revenue estimates
(Reuters) — American Eagle Outfitters (NYSE:AEO) topped Wall Street expectations for fourth-quarter revenue on Thursday, as consumers purchased the apparel retailer's full-price items during the crucial holiday shopping season in the United States.
07.03 / 13:23
markets
UPS
Manufacturing
Deloitte
Microchip
testing
International
5 Non-US Chip Stocks Well-Positioned to Profit From Soaring Microchip Demand
Deloitte has recently predicted a significant 13% growth in the production of vital chips across various industries this year.
07.03 / 13:03
Target
Progressive
Election
President
travelers
prevention
Pharmaceuticals
Biden to propose tax hikes for billionaires, multinationals
President Joe Biden will propose increasing the minimum tax rates paid by major US and multinational corporations to 21% and eliminating breaks for companies with high-paid executives in his election-year State of the Union address on Thursday night.
07.03 / 13:03
security
Analysis
economy
Sustainability
Bill
social
consequences
Tax hike alone won’t save Social Security, think tank warns
A proposal to tax high-earning Americans more as a way to address the fiscal challenges with Social Security and Medicare funding overlooks its broader impact on households and the economy.
07.03 / 13:03
07.03 / 13:01
Retirement
bitcoin etfs
Arizona Senate Seeks to Add Bitcoin ETFs to State Retirement Portfolios
The US state of Arizona has joined a slew of pro-Bitcoin states in embracing the asset class. Arizona Senate has proposed a resolution to consider recently-approved Bitcoin ETFs as potential investments tool for the state’s retirement system.
07.03 / 13:01
CEO
community
Trade
Headlines
NYCB Shares Plunge 42% Before Rebound on $1 Billion Capital Raise
New York Community Bancorp (NYCB) made headlines on Wednesday as its stock experienced a dramatic plunge of 42% before staging a rebound following the announcement of a $1 billion capital raise.
07.03 / 13:01
Digital
SEC
Platform
security
Strategy
Trade
SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement
The U.S. Securities and Exchange Commission (SEC) Commissioners, Hester Peirce and Mark Uyeda, have publicly criticized the agency’s unclear cryptocurrency enforcement policies following a recent settlement with ShapeShift.
07.03 / 12:55
markets
Provident
Strategy
wellness
information
reports
EUR/USD Bulls Aim for 1.10 - Support Levels to Watch for Dip-Buying Opportunities
The EUR/USD is facing an interesting couple of weeks, starting with the ECB rate decision today.
07.03 / 12:47
markets
UPS
Progressive
Action
track
inclusion
India government bond yields edge lower tracking US peers
The benchmark 10-year Indian bond yield ended at 7.0312%, lower than its previous close of 7.0548%. Indian financial markets will be closed on Friday for a local holiday.
07.03 / 11:38
markets
Provident
Food
Whirlpool
AGRO
reports
International
stake
Financial
MNCs on a stake selling spree in India to generate cash, reduce financial burden
BENGALURU : Bengaluru: Multinational companies (MNCs) have been selling stakes in their Indian businesses citing high market valuations to use the proceeds for a host of purposes including debt repayment. Over the last month, Conagra Brands announced the sale of its controlling stake in India’s Agro Tech Foods (ATFL), long-time investor British American Tobacco (BAT) indicated it would sell a partial stake in ITC while Japan's Sumitomo Wiring Systems sold 4.4% stake in Samvardhana Motherson International.
07.03 / 11:29
07.03 / 11:03
07.03 / 10:51
markets
UPS
Target
Progressive
Trade
Stock market today: Nifty 50, Sensex hit record high, ends above 74k for 2nd straight day; midcaps, smallcaps outperform
US Fed signals rate cuts in 2024; Powell says progress towards 2% inflation target ‘not assured’ Domestic market benchmarks traded choppy during the session but the Nifty 50 and the Sensex hit their fresh record highs of 22,525.65 and 74,245.17 in intraday trade. Nifty 50 finally closed 20 points, or 0.09 per cent, up at 22,493.55 while the Sensex settled at 74,119.39, up 33 points, or 0.05 per cent. Both indices settled at their fresh closing highs.
07.03 / 10:13
07.03 / 10:13
07.03 / 10:01
Southern
Diversity
show
musician
information
prevention
Courts
ETtech Explainer: Legal tussle between OpenAI and NYT
OpenAI's investor Microsoft and its co-defendant in the New York Times (NYT) lawsuit on Monday sought to dismiss parts of NYT's plea on the grounds that the news organisation did not show any “actual harm” or meaningful diversion of revenue from its website due to use of artificial intelligence (AI) models like ChatGPT. The NYT had sued the two tech firms in December 2023, alleging that they were trying to create a substitute of the newspaper and even trying to “free-ride on the Times’s massive investment in its journalism”.
07.03 / 10:01
markets
ETF
economy
Cycling
DSP Mutual Fund launches US treasury fund of fund
DSP Mutual Fund on Thursday announced the launch ofDSP US Treasury Fund of Fund, an open-ended fund-of-funds scheme investing in units of ETFs and/or funds focused on US Treasury Bonds. The new fund offer or NFO of the scheme is open for subscription and will close on March 13. The scheme will offer investors an opportunity to benefit from Fed interest rate policies by investing in US Treasuries. More than 95% of the fund's assets will be invested in the money market, floating rate, short, medium and long-duration funds.
07.03 / 08:27
markets
Manufacturing
Racing
Strategy
show
patient
Updates
Novo Nordisk to present early drug trial data, Wegovy supply update
(Corrects to show drug is for obesity (not Type 2 diabetes), in paragraphs 1 and 7)
07.03 / 07:57
Provident
Reuters
Digital
Sustainability
reports
Interviews
stake
SingTel sells 0.8% stake in Bharti Airtel to GQG Partners for $711 million
Bharti Airtel for S$950 million (or $711 million) to United States-based investment firm GQG Partners, as per a Reuters report. This move is part of Southeast Asia's largest telecom operator's ongoing capital recycling efforts, marking a total of S$8 billion since its strategic reset in 2021. Airtel and GQG Partners did not respond to queries, the report added.
latest developments in Usa
What is the current situation in Usa?
In Usa, the spotlight is on local government initiatives that impact the interests of residents.
Where can I find reliable news about Usa?
We publish in-depth coverage about the situation in Usa, based on information from official representatives.
What shapes the media agenda in Usa?
The news landscape of Usa is shaped by the region’s internal dynamics, reflecting its unique context.
