Usa Financial News
13.02 / 16:09
COST
Provident
Target
Sustainability
Food
trends
reports
Higher-than-expected inflation reading hits hopes of Fed rate cuts
US consumer prices jumped at the start of the year, tempering hopes for a continued drop in inflation and likely delaying any Federal Reserve interest-rate cuts.
13.02 / 16:09
Provident
Platform
Software
Morningstar
Research
Great-West
reports
Morningstar Wealth strengthens its SMA shelf
Morningstar is offering more choice for independent advisors in the US investing space with the addition of new third-party investment options to its wealth management platform.
13.02 / 16:05
13.02 / 15:47
markets
Blockchain
Provident
Ripple
Enterprise
President
Ripple to acquire Standard Custody
The move underscores Ripple's commitment to regulatory compliance and enables the company to expand beyond its primary payments network into other blockchain-based financial products for institutional clients. Under the proposed deal, Ripple will gain access to Standard Custody's limited purpose trust charter and its money transmitter licenses, contributing to the firm's growing portfolio of regulatory licenses.
13.02 / 15:09
Provident
Duke
reports
Department
Rothschild's Canada head departs amid M&A deal slump
The head of Rothschild & Co.’s Canadian office has left the storied investment bank as it grapples with a prolonged slump in dealmaking that’s hurt the entire industry.
13.02 / 15:09
UPS
FIVE
Relationships
International
AIMco opens New York office in credit push
Alberta Investment Management Corp., one of Canada’s largest pension plans, is opening a New York office as it pushes further into private credit investing.
13.02 / 15:09
COST
UPS
Morningstar
Bill
trends
reports
Posthaste: If Canadians think car insurance is steep now, just wait until we're driving EVs
Canadians already complain about the higher costs of electric vehicles, but just wait until they get the insurance bill.
13.02 / 14:53
Citi
Monarch
President
stage
information
reports
rights
Joe Biden's latest gaffe: Gets confused, looks lost while hosting Jordanian King
US President Joe Biden's cognitive abilities have been raised after he made one more gaffe publicly. While hosting the King of Jordan, Abdullah II at his official residence White House, he appeared confused on the stage. As the Jordanian King was ready to speak, Biden started looking for a mark on the floor to know the right place to stand. He wavered between two locations before deciding to proceed to Abdullah's left and in front of the Jordanian flag.
13.02 / 14:41
Citi
Fox
Metro
Election
reports
travelers
Schools
New York weather forecast: Nor'easter, rains, snow predicted on special election day
nor'easter looms over New York's special election set for Tuesday, adding a layer of uncertainty and drama to the political landscape. With forecasts predicting heavy snowfall and strong winds in the New York Metro area, this convergence of weather and politics could create the ideal storm of challenges for candidates vying for an ousted congressman's seat, Fox Weather reported. A powerful, fast-moving winter storm was dumping heavy snow on the US Northeast on Tuesday, creating a messy commute for millions of Americans, while forcing schools to close and wreaking havoc on air travel across the region, as per a Reuters report.
13.02 / 14:05
markets
UPS
Food
trends
show
reports
us cpi data
US CPI Data for January released, inflation numbers throw surprise
The latest inflation numbers show that the US inflation rate is above forecasts. The annual inflation rate in the US fell back to 3.1% in January 2024 following a brief increase to 3.4% in December but came higher than forecasts of 2.9%. Compared to the previous month, the CPI edged up 0.3%, the most in four months, and above forecasts of 0.2%. Also, annual core inflation held steady at 3.9%, compared to expectations it would slow to 3.7%. The monthly rate edged up to 0.4%.
13.02 / 13:28
awards
wellness
Universities
show
performer
singer
American Idol - Season 22: Check out the release date, judges, and way to watch it
American Idol is returning with its 22nd season with it’s premiere on ABC on Sunday. The show marks the return of the judges Luke Bryan, Lionel Richie, and Katy Perry, besides host Ryan Seacrest. The show will be searching nationwide to identify the amateur most talented singers in Nashville, Los Angeles, Tennessee, and the hometown of the judges. After the narrowing down of the contestant's field by the viewers and the judges, a winner will emerge and receive a management contract as well as a record deal with a major label.
13.02 / 13:25
Provident
Platform
President
innovations
information
2020
reports
acquires
Wipro acquires US insurtech firm Aggne Global for $66 million
Wipro, India’s fourth largest information technology (IT) services firm, on Tuesday said it will acquire US-based insurtech firm Aggne Global Inc and its Hyderabad-based affiliate Aggne Global IT Services for $66 million. Wipro will acquire 60% of the company in an all-cash deal, with an option to purchase the remaining stake over a period of time, as per a stock exchange filing.
13.02 / 13:23
13.02 / 13:23
Coca-Cola
Waters
PepsiCo
Trade
Latin
Sporting
Coca-Cola annual organic revenue guidance tops estimates
Investing.com — Coca-Cola (NYSE:KO) has said it expects to deliver full-year adjusted organic revenue growth of 6% to 7%, just ahead of Bloomberg consensus predictions of 5.9% but slower than the pace registered in 2023, signalling a waning benefit from a recent surge in prices.
13.02 / 13:23
COST
UPS
Provident
Healthcare
pandemic
trends
hospital
US hospitals see post pandemic catch-up behind insurer healthcare costs
By Sriparna Roy and Bhanvi Satija
13.02 / 13:23
markets
UPS
Provident
trends
Trade
performer
reports
GBP/USD: Inflation Report Could Spark a Sharp Move - Key Levels to Monitor
The GBP/USD edged higher in reaction to the firmer wages and jobs data from the UK earlier this morning, ahead of the release of even more top-tier data from both sides of the pond.
13.02 / 13:13
Ripple
Progressive
Racing
coinbase
wellness
crypto regulation
Elizabeth Warren
Coinbase-Backed Crypto PAC Launches Advertising Campaign Against California’s Senate Candidate Katie Porter
A new super PAC backed by major cryptocurrency players, including Coinbase, has launched a multimillion-dollar advertising campaign aimed at crushing Representative Katie Porter, a Democrat running in the California Senate primary.
13.02 / 12:54
markets
NVIDIA
Trade
show
stage
reports
Headlines
US stock future tumble ahead of crucial CPI data
US equity futures slumped before the release of keenly awaited inflation data that could set the stage for the timing of the Federal Reserve move to interest-rate cuts. Treasuries and the dollar were steady.
13.02 / 12:54
markets
Extreme
Action
economy
country
International
Oil markets should be ‘comfortable’ in 2024, IEA says
Global oil markets should remain “comfortable” this year as new supplies satisfy demand and keep prices in check, according to the International Energy Agency.
13.02 / 12:54
markets
show
2020
Investors ‘all in’ on US tech stocks, BofA survey finds
Investors are going “all in” on US technology stocks as they turn the most optimistic about global growth in two years, according to a survey by Bank of America Corp.
13.02 / 12:43
FTX
FTX bankruptcy
From $10M to $500K: FTX Slashes Digital Custody Unit Price in Post-Collapse Sale
Now-defunct crypto exchange FTX is set to sell one of its Digital Custody Inc. (DCI) unit for a fraction of its original price.
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