Usa Financial News

India’s position remained unchanged at 42 at the International IP Index 2024 compared to 2023, with no change even on the index score which stood at 38.64% since 2022, the US Chamber of Commerce said in a report released on Wednesday. The index ranks 55 countries on their intellectual property (IP) regime. The top countries on the index were the USA (95.48%), UK (94.12%), France (93.12%), Germany (92.46%), Sweden (92.12%), Japan (91.26%), Netherlands (91.24%), Ireland (89.38%), Spain (86.44%) and Switzerland (85.98%).

On Wednesday, Bitcoin price is showing signs of a significant uptrend, currently trading around the $57,200 mark with a notable increase of over 1.25%. This surge comes at a pivotal moment, as industry insiders and investors closely monitor Bitcoin price predictions, especially with the upcoming halving event poised to potentially reshape the market landscape.

PayU Payments has significantly bolstered its board of directors, appointing five new members in a strategic move that expanded the board's strength to seven on February 29, according to a report by Moneycontrol. This diverse group brings a wealth of experience in finance, law, and business leadership, aiming to provide valuable guidance and support to PayU as it navigates the ever-evolving payments landscape in India. Leading the new appointees is Renu Sud Karnad, the former Managing Director of Housing Development Finance Corporation (HDFC), who will serve as the Chairperson of the board, the report added.

BlackRock’s spot Bitcoin exchange-traded fund (ETF) trading under the ticker symbol “IBIT” broke its personal record on Tuesday attracting $1.3 billion record daily volume, according to Eric Balchunas from Bloomberg Intelligence.

Lawyers for FTX founder Sam Bankman-Fried have proposed a sentence of 63 to 78 months in prison for their client, citing his charitable work and young age. Bankman-Fried was found guilty on multiple charges, including defrauding FTX customers of $8 billion.

Kraken has unveiled a new division dedicated to providing services to institutional clients as it seeks to gain a foothold in the Bitcoin exchange-traded fund (ETF) market. 

The Internal Revenue Service (IRS) said on Tuesday that it hired two crypto industry executives to aid in digital asset reporting, compliance, and enforcement programs.

US Elections 2024, a recent poll shows. People are worried because Joe Biden is getting older. Also, they're not sure if he's the best choice for another term.

Birla Corporation, Marksans Pharmaceuticals, Saregama India, Savita Oil Technologies and Jash Engineering. The brokerage firm advises buying these stocks at current market prices and add on dips, keeping a time horizon of 2-3 quarters.

Russian allies are “interested” in using CBDCs like the digital ruble for cross-border settlements, a lawmaker said on February 26.

Leap years have been with us since the 16th century, an invention of the Gregorian calendar, introduced to deal with a troublesome fraction in the solar year. Bearing in mind it takes around 365.2422 days each year for the Earth to revolve around the sun, the extra snippet (around six hours a year) adds up over time. Leap days regulate things – without them we would fall out of sync with the seasons, causing havoc for farmers and their crops as well as school holidays.

TOKYO (Reuters) — Japan's Toyota Motor (NYSE:TM) said on Wednesday global vehicle production rose by 7% in January, marking a year-on-year increase for the 13th straight month as the automaker benefited from strong U.S. demand.

New Jersey, has been indicted for illegally evading customs duties for millions of dollars of jewellery imports into the US and operating unlicensed money transmitting businesses, a US attorney has said. Monishkumar Kirankumar Doshi Shah (39) was arrested over the weekend and appeared on February 26 before US Magistrate Judge André M Espinosa in the Newark federal court.

President Biden, while campaigning in New York on Monday, had stopped by 30 Rockefeller to appear on National Broadcasting Company's (NBC) "Late Night with Seth Meyers". The President's sit-down with the comic included questions about his age and his 2024 agenda versus that of Trump, the Republican front-runner for the nomination, reported ABC News. Meyers questioned the US President over the leaked classified documents which state Biden is 81 years old currently.

By Mohi Narayan

In response to growing concerns among US employees about the sustainability of their retirement savings, MetLife has teamed up with Fidelity Investments to put guaranteed lifetime income within the reach of more everyday Americans.

Investing.com-- Oil prices fell slightly in Asian trade on Wednesday, coming under pressure from signs of a massive weekly build in U.S. inventories and a potential ceasefire between Israel and Hamas. 

Vodafone-Idea, Patanjali Foods, CMS Info Systems, ZEEL, Hindustan Zinc, are some stocks likely to be in focus in today's trading session.Sensex Today Live : The trends on Gift Nifty indicate a flat to positive start for the Indian benchmark index. The Gift Nifty was trading around 22,235 level as compared to the Nifty futures’ previous close of 22,196.On Tuesday, the Indian stock market indices rebounded from a two-day correction and ended higher.The Sensex gained 305.09 points to close at 73,095.22, while the Nifty 50 settled 76.30 points, or 0.34%, higher at 22,198.35.Nifty 50 formed a reasonable positive candle on the daily chart that has engulfed the small negative candle of Monday.“Technically, this market action is signaling a bullish engulfing pattern.

A new study conducted by Edward Jones sheds fresh light on one critical, yet often overlooked aspect of family financial planning: conversations surrounding the transfer of wealth.

Vodafone Idea Board approved fundraising of up to ₹45,000 crore through equity and debt, said the telecom company in an exchange filing on February 27. The company said it will raise ₹20,000 crore through a combination of equity or equity-linked instruments and the rest via debt and promoters will also participate in the proposed equity raise. The company said it will call for a meeting of its shareholders on April 2, 2024 and post-shareholder approval it expects to complete the equity fund raise in the coming quarter.

Joe Biden cruised to an easy victory in Michigan's presidential primary on Tuesday — but was bracing for a substantial rebuke from an Arab American-led protest over his handling of the war in Gaza. There was little suspense over the outcome for both parties, with Biden almost unopposed in the Democratic nominating contest and Donald Trump declared the early victor in a two-part Republican vote that doesn't even conclude until the weekend.