Usa Financial News
15.03 / 13:33
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Hamas says 'ball is in Israel's court' after hostage offer
Following the offer on Friday, Israel said the Palestinian militants had «not budged a millimetre» after a proposal from US President Donald Trump's Middle East envoy. The first phase of the truce, which began in January, ended on March 1 without agreement on next steps. A Hamas official said negotiations began in Doha on Tuesday. «The ball is in Israel's court,» a Hamas spokesman said. «We want to solidify the ceasefire agreement and force (Israel) to implement its terms,» Abdul Latif al-Qanou told AFP, accusing Israel of «delaying» its enforcement.
15.03 / 11:55
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Chinese ships are carrying America’s cargo. The US wants to reverse that.
Subscribe to enjoy similar stories. SINGAPORE—In 2002, with China’s shipyards producing just 8% of global commercial tonnage, then-Premier Zhu Rongji challenged his nation. “China," he said, “can hope to become the world’s No.
15.03 / 11:47
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Bitcoin
Wall Street goes all in on great crypto comeback fueled by Trump
The dust up between FTX founder Sam Bankman-Fried and Terry Duffy, the boss of the US’s largest futures and options exchange, was emblematic of Wall Street’s skepticism then about a new generation promoting digital assets and the crypto bigwig’s plans to change the way derivatives trade.
15.03 / 11:17
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War
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
US recession fears and tariff wars, unleashed by President Donald Trump. The top 10 laggards in the week gone by include BMW Industries, Triveni Turbine, Veranda Learning Solutions, Jai Corp, Orchid Pharma, Coffee Day Enterprises, Max Estates, EKI Energy Services, Gensol Engineering and K&R Rail Engineering which fell between 16% and 43%.
15.03 / 11:17
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Videos
US President says his wife Usha, 'has to smile always'. Netizens speculate, 'This sounds like a threat!'
Vice President JD Vance has found himself at the center of an online controversy following remarks he made about his wife, Usha Vance, who also holds the title of Second Lady of the United States. The incident took place during a public appearance in Michigan, where his comments quickly drew widespread criticism across social media platforms. A video capturing Vance’s statement, which he seemingly intended as a lighthearted joke, did not sit well with the internet audience. Standing with Usha positioned behind him, Vance acknowledged her contributions as Second Lady before quipping, «Here's the thing. The cameras are all on; anything I say, no matter how crazy, she has to smile, laugh and celebrate it.» True to his words, Usha responded accordingly, smiling and laughing as the gathered crowd reacted to his comment.
15.03 / 11:17
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gatherings
UK PM Starmer tells global leaders to 'keep the pressure' on Putin over ceasefire in Ukraine
Keir Starmer has told global leaders to «keep the pressure» on Russian President Vladimir Putin to back a ceasefire in Ukraine. In his opening remarks Saturday to a virtual gathering of what he has termed the "coalition of the willing," Starmer said Putin will «sooner or later» have to «come to the table.» Unlike the first summit on March 2, the meeting of what Starmer has termed the «coalition of the willing» is being conducted virtually. The call is expected to delve into how countries can help Ukraine militarily and financially as well as gauging support for any future possible peacekeeping mission. «If Russia finally comes to the table, then we must be ready to monitor a ceasefire to ensure it is a serious, and enduring peace,» Starmer told leaders, in remarks released by his office ahead of the meeting. «If they don't, then we need to strain every sinew to ramp up economic pressure on Russia to secure an end to this war.» Like last time, there will be no representative from the United States, which has shifted its approach on the war since the return of President Donald Trump to the White House. The change of approach relative to that taken by Trump's predecessor, Joe Biden, became particularly notable after Trump clashed with Ukrainian President Volodymyr Zelenskyy on Feb. 28 in the Oval Office.
15.03 / 11:17
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Experts
War
FPIs offload Indian stocks worth Rs 30,015 crore in first fortnight of March
Indian equities by the Foreign Portfolio Investors (FPIs) continued in the first fortnight of March where they sold shares worth Rs 30,015 crore. The total FII selling in this year so far has been at Rs 1,42,616 crore. In January, FPIs sold shares worth Rs 78,027 crore and followed it up with a sell-off amounting to Rs 34,574 crore in February.
15.03 / 05:21
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Assurant
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War
International
A past US security pact is a cautionary tale for Ukraine’s mineral deal
Subscribe to enjoy similar stories. A mineral-rights deal that the Trump administration says will make the U.S. vested in Ukraine’s defense has an instructive historical precedent in Washington’s unofficial oil-for-security pact with Saudi Arabia.
15.03 / 05:21
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Provident
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War
If it comes to a stand-off, Europe has leverage over America
Subscribe to enjoy similar stories. “THE ACTION that is needed has to be bold and determined," declared Ursula von der Leyen, the president of the European Commission, this week. She was talking about how the European Union should respond to Donald Trump’s habit of tearing up supposedly “ironclad commitments", thereby threatening “European values".
15.03 / 04:09
15.03 / 03:43
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peace
Russia must accept proposal for 30-day ceasefire: French President Macron
Emmanuel Macron on Friday (local time) called on Russia to accept the US-brokered proposal for an interim 30-day ceasefire in Ukraine, emphasizing that «atrocities must stop.» Macron criticized Russia for its «delaying statements» on the proposed deal following his discussion with Ukrainian President Volodymr Zelenskyy and UK Prime Minister Kier Starmer. «I spoke today with President Volodymyr Zelenskyy and then with Prime Minister Kier Starmer following the progress made during the meeting between the United States and Ukraine in Jeddah on Tuesday. Russia must now accept the U.S.-Ukrainian proposal for a 30-day ceasefire. The Russian aggression in Ukraine must end. The atrocities must stop. So must the delaying statements,» Macron wrote in a post on X. Macron assured France's unwavering support to Ukraine to achieve peace and informed that all partners will hold a video conference today to discuss the issue.
15.03 / 03:43
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Payments firm Klarna files for IPO, showing 24% revenue jump
Klarna Group Plc filed publicly for a US IPO in what could be one of the year’s biggest financial company listings. The Stockholm-founded digital payments company’s revenue climbed 24% last year. Klarna had net income of $21 million on revenue of $2.81 billion for 2024, compared with net loss of $244 million on revenue of $2.28 billion a year earlier, according to its filing Friday with the US Securities and Exchange Commission. Klarna filed confidentially for the initial public offering in November. Klarna is seeking to raise at least $1 billion in the IPO and is targeting a valuation of more than $15 billion in the listing, Bloomberg News reported. The company and some of its shareholders are selling shares in the offering, the filing shows.
15.03 / 02:03
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Indian scholar self-deports after US revokes visa
Ranjani Srinivasan, an Indian national and a doctoral student at Columbia University, has voluntarily left the United States after her visa was revoked for allegedly «advocating violence and terrorism.» In a statement on Friday (local time), US Secretary of Homeland Security Kristi Noem said that Srinivasan, a student in Urban Planning at Columbia University, self-deported using the CBP Home App. «Today, Secretary of Homeland Security Kristi Noem announced that one of the Columbia students who had her student visa revoked for advocating for violence and terrorism self-deported using the CBP Home App and ICE arrested a Palestinian student for overstaying her expired F-1 visa,» according to a release by the the US Department of Homeland Security (DHS). The US Department of State revoked Srinivasan's visa on March 5, alleging her involvement in «activities supporting Hamas.» «Ranjani Srinivasan, a citizen and national of India, entered the United States on a F-1 student visa as a doctoral student in Urban Planning at Columbia University. Srinivasan was involved in activities supporting Hammas, a terrorist organization. On March 5, 2025, the Department of State revoked her visa. The Department of Homeland Security has obtained video footage of her using the CBP Home App to self-deport on March 11,» the release stated.
15.03 / 02:03
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US Senate approves funding bill hours before shutdown deadline, sending to Trump for signature
Donald Trump to be signed into law. The essentially party-line vote, 54-46, reflected gnawing Democratic angst over how to confront the Trump administration as its Department of Government Efficiency fires federal workers and dismantles operations. Democrats argued over whether to fight even risking a shutdown and fumed that Republicans drafted a measure that included little of their input, shortchanging health care, housing and other priorities. But in the end, enough of the Democratic senators decided a government shutdown would be even worse, and backed Senate Democratic leader Chuck Schumer's strategy to allow the bill to come forward. «A shutdown will allow DOGE to shift into overdrive,» Schumer said. «Donald Trump and Elon Musk would be free to destroy vital government services at a much faster rate.» Democrats were confronted with two painful options: allowing passage of a bill they believe gives President Donald Trump vast discretion on spending decisions or voting no and letting funding lapse. All told, 10 Democrats voted to break the party's filibuster to advance the bill to a final vote. On final passage, two Democrats supported the bill, and one Republican, Sen. Rand Paul of Kentucky, opposed it. It funds the government for another six months.
15.03 / 01:37
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The week in charts: Inflation, Haldiram’s sale, India Inc promotion outlook
Subscribe to enjoy similar stories. Retail inflation fell to a seven-month low in February on the back of deflation in vegetables but price pinch remained in many items. Meanwhile, employees could be left disappointed on both salary hikes and promotions in FY25 as companies grapple with heightened economic uncertainty.
15.03 / 01:37
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Career
security
Fallout
performer
Courts
Madhabi Puri Buch’s Sebi tenure: A legacy of reform, controversy, and resistance
Subscribe to enjoy similar stories. In August 2024, Madhabi Puri Buch, then-chairperson of India’s market regulator Securities and Exchange Board of India (Sebi), was on a long-overdue vacation in Turkey when a crisis erupted. Hindenburg Research, the now-defunct US short seller, alleged that Sebi’s probe into its January 2023 reporton the Adani Group was compromised.
14.03 / 22:07
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Trump crypto czar Sacks sells over US$200 million in investments
David Sacks, President Donald Trump’s adviser for artificial intelligence and cryptocurrencies, and his venture-capital firm Craft Ventures have divested more than US$200 million worth of holdings related to the digital-asset industry, according to a memo released by the White House.
14.03 / 22:07
markets
Bill
pandemic
Trade
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War
2020
Trump's tariffs on goods may be a prelude to tariffs on money
This month, many investors feel dazed and confused. No wonder: as the U.S. government flirts with another shutdown and U.S. President Donald Trump intensifies his trade war, indices of economic uncertainty have skyrocketed above even the 2020 pandemic or the global financial crisis of 2008.
14.03 / 22:07
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Alberta has nearly six times the natural gas it thought, putting Canada among world's top 10
Alberta’s proven natural gas reserves have increased nearly sixfold to 130 trillion cubic feet since they were last assessed, according to a new study, giving Canada’s oilpatch leaders something to show off this week at a Texas oil summit in hopes of turning heads and capital flows northward.
14.03 / 20:11
Reuters
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Voice of America is ending contracts with big houses like AP, Reuters, AFP
US government agency that runs the Voice of America has moved to terminate contracts with The Associated Press, Reuters and Agence France-Presse, and told its journalists Friday to stop using material from the wire services, as per a report. Kari Lake, the former broadcaster turned Republican politician who was selected by President Donald Trump to run VOA, estimated the move would save $53 million, AP reported. The new administration has quickly asserted its authority at VOA, which has delivered news from an American perspective to countries across the world. While awaiting official approval to take over, Lake was brought on as special adviser at the U.S. Agency for Global Media, which oversees VOA and sister organizations like Radio Free Europe. She announced via social media on Thursday that she was ending the «expensive and unnecessary contracts» with the wire services. «We should not be paying outside news organizations to tell us what the news is,» said Lake, who ran unsuccessfully for Arizona governor. «With a nearly billion-dollar budget, we should be producing news ourselves. And if that's not possible, the American taxpayer should demand to know why.»
14.03 / 19:27
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Commodities navigate Trump trade turbulence
global commodity markets as they navigate the mounting challenges posed by US President Donald Trump's erratic and inconsistent trade policies. While the media focus on each headline-grabbing announcement and social media post about new and retaliatory tariffs from the US leader and his administration, commodity markets are busy doing what they have done so well in the past, adapting to rapidly changing circumstances. For commodities it's important to make distinctions between those already being affected by Trump's trade policies, those likely to be in the future, and those unlikely to suffer direct impact, but which might feel second-round effects from a slowing world economy. The first group includes steel and aluminium, with Trump's 25% tariffs on all imports of the metals having started. The main impact is likely to be price increases for steel and aluminium in the United States, as domestic producers have limited scope to boost output significantly.
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