Usa Financial News
02.01 / 12:23
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This low-cost pill can help to quit smoking; Read on to know all about it
It is hard to quit smoking. However, new research reveals that smokers who want to quit smoking are likely to succeed more if they take a pill that can decreases nicotine cravings.
02.01 / 12:00
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New Year, same old concerns as markets open
Markets opened the year on a cautious footing as mounting tensions in the Red Sea drove oil prices higher and weak Chinese data weighed on Asian shares.
02.01 / 11:59
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US consumer debt nearing pre-pandemic levels, says Bernstein
Strains on US consumer spending such as rising delinquency rates on credit cards largely indicate that Americans’ debt is returning to pre-pandemic levels, the head of President Joe Biden’s council of economic advisers said.
02.01 / 11:47
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Oil prices rise after Iran rejects calls to end support for Houthi Red Sea attacks
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02.01 / 11:44
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spot bitcoin ETFs
SEC Reportedly Overwhelmed with Paperwork as Deadline for Spot Bitcoin ETFs Approach
The Securities and Exchange Commission (SEC) is reportedly swamped with a substantial amount of paperwork as the January 10 deadline for the approval of spot Bitcoin (BTC) ETFs approaches.
02.01 / 11:23
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Nifty Pharma hits all-time high; 10 stocks including Lupin, Cipla, Glenmark Pharma, Divi's Labs touch one-year peaks
Also Read: Indian stock market has upside potential despite fair valuations: Motilal Oswal In today's trade, Lupin's shares soared nearly 7%, hitting a new all-time high of ₹1,404 apiece after Japanese brokerage firm Nomura raised the target price on the stock to ₹1,593 apiece from the previous ₹1,290, maintaining its 'buy' recommendation. The brokerage has an optimistic outlook on Lupin, largely driven by the company's robust US pipeline and growth in the India business.
02.01 / 11:17
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ASML stock falls on canceled China chip shipments
ASML Holding NV (ASML) shares fell more than 2% in early Tuesday trade following reports that the Dutch manufacturer canceled shipments of some high-end chipmaking machines to China at the request of the U.S. President Joe Biden's administration.
02.01 / 11:16
Provident
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2020
economic data
Dollar edges higher ahead of key economic data, including payrolls
Investing.com — The U.S. dollar edged higher in early European trade Tuesday ahead of this week’s key economic data that may provide clues on the Federal Reserve's next moves.
02.01 / 11:15
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Key Data Could Spring Surprises in the First Week of New Year: What to Watch
The first week of 2024 will be a big one, with a lot of data that will either justify the market rally and expectations for rate cuts or not.
02.01 / 10:39
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Stock market today: Sensex, Nifty 50 fall; geopolitical concerns, spike in crude oil prices weigh on sentiment
BSE Midcap and Smallcap indices hit their fresh record highs of 37,193.29 and 43,196.17 respectively during the session but failed to hold gains and ended almost flat. The BSE Midcap index ended with a loss of 0.08 per cent while the Smallcap index lost 0.03 per cent. Some 19 stocks ended with gains in the Nifty 50 index today.
02.01 / 10:37
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2020
The Voters Who Decide Elections Don’t Like What They See
Tony Grauslys, a 56-year-old merchandiser from Hudson, N.H., is upset that lawmakers focus on other countries’ problems when America can’t fix its own. Marvin Jenkins, 60, a retired state trooper in Saginaw Township, Mich., worries that both leading presidential candidates are too old. Juliet Will-Robinson, 38, a graduate student from Freemansburg, Pa., wishes there was a viable third-party alternative.
02.01 / 10:00
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Decoding US' new rule allowing STEM students on OPT to work for startups
F-1 visa in the United States, the STEM OPT extension program provides an opportunity to gain valuable work experience after graduation while extending their stay in the US for a chance of an H-1B lottery win. Concomitantly, the program is invaluable for US employers in facilitating access to well-qualified workers, most with graduate degrees. The process of STEM OPT extensions is relatively straightforward, but the rules for working for startups can be perplexing.
02.01 / 09:58
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Bitcoin hits 21-month high at $45,000: ten things to know
Bitcoin breached the $45,000 mark for the first time since April 2022. What led to the high? Will the rally sustain in 2024? Here are 10 things to know about recent developments in the crypto space:
02.01 / 09:00
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consequences
Chart Beat: India's share in global market cap hits a peak
BSE Sensex scaled new peaks fetching double-digit returns. Consequently, India’s share in global market capitalization climbed to an all-time high of 3.8% in December, showed an analysis by Motilal Oswal Financial Services Ltd.
02.01 / 08:59
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‘2024 is gonna be more crazy’, Elon Musk predicts. Here's why
Tesla CEO marked the commencement of the New Year on Monday by saying, “LFG 2024 (let's freaking go)". He has foretold that this year will be the most remarkable one yet, implying that the US presidential election in November will take place. In 2024, there will be historic elections in about 70 countries, including the US, India, Mexico, and South Africa.
02.01 / 08:58
02.01 / 08:57
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Former Niti Aayog CEO tells Indian automakers to 'raise ambition' as China leads electric cars' market
Year Ender 2023: Top EVs that took center stage in India's 2023 auto market "The race to capture electric car markets globally is presently on. Chinese carmakers account for nearly half of global electric sales. The market is led by BYD at 18% followed by Tesla at 12%.
02.01 / 08:34
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Bitcoin Price Prediction: Breaks $45K, ETF Approval Looms, AI’s $100K Forecast
In a remarkable shift, Bitcoin has surged to $45,316, marking a 7.06% increase on Tuesday. This breakthrough above $45K comes at a crucial time, just ahead of a potential ETF approval that could significantly impact its market trajectory.
02.01 / 08:02
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Apple
economy
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infection
December economy wrap: Red Sea, US pivot, and EU architect
Every month, Mint’s Plain Facts section brings out an update on key global economic data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts attempt to explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India. This time, we explain the impact of the attacks on vessels in the Red Sea on world trade and the policy pivot by the US Federal Reserve signalling rate cuts this year.
02.01 / 07:12
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Mint Explainer: Why black holes are on India’s radar
Interstellar, you would be familiar with the word black hole, even if you do not fully understand what it means. Released a decade ago, Interstellar achieved a high level of scientific accuracy in its portrayal of a black hole called Gargantua, with the help of Nobel laureate Kip Thorne, despite taking some artistic liberties.
02.01 / 07:10
Strategy
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Experts
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2020
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Support
Rate Cut
Gold price may trade in a narrow range in January, rate cut hopes to support; deploy buy on dips, say analysts
Also Read: Gold prices track best year since 2020, supported by hopes of Fed rate cut in 2024 However, analysts believe gold price is expected to remain in a narrow range in the month of January after the recent upmove. “Gold prices saw a decent rally recently amid dovish Fed and anticipation of rate cuts in 2024. However, the positives are largely discounted and the bullion prices are expected to remain in a narrow range this month," said Ajay Kedia, Director, Kedia Advisory.
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