Usa Financial News
07.03 / 03:05
UPS
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reports
Walgreens seals $10 billion take-private deal with Sycamore
Subscribe to enjoy similar stories. Walgreens’s almost centurylong run as a public company is coming to an end. The embattled drugstore chain has struck a deal to be taken private by Sycamore Partners in one of the biggest leveraged buyouts in recent memory.
07.03 / 02:17
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Williams
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Bitcoin
US dollar struggles near 4-month low amid growth concern; jobs data in spotlight
jobs data due later in the day. Another reprieve of levies aimed at Mexico and Canada announced by U.S. President Donald Trump on Thursday offered little relief, keeping the safe-haven yen not far off its strongest against the greenback since early October.
07.03 / 02:17
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Nasdaq confirms correction amid US trade policy uncertainty
President Donald Trump announced on Thursday that goods from Canada and Mexico covered by the U.S.-Mexico-Canada trade agreement (USMCA) will be exempted for a month from the 25% tariffs imposed earlier this week. The development comes a day after Trump exempted automotive goods from the tariffs.
07.03 / 02:17
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UPS
Analysis
economy
Trade
War
country
Investors spy the dawn of a tectonic shift away from US markets
China unlocked more stimulus on Wednesday and promised greater efforts to cushion the impact of an escalating U.S. trade war. Hours earlier, Germany's likely next government agreed on the biggest overhaul to fiscal policy since the country's reunification.
07.03 / 02:17
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Gold poised for weekly gain; US payrolls data on tap
Gold prices inched lower on Friday but were on track for a weekly rise as uncertainty around U.S. President Donald Trump's tariff plans firmed demand for bullion, while investors awaited for U.S. non-farm payrolls data later in the day.
07.03 / 02:17
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Relationships
Trump: If NATO members don't pay, US won't defend them
NATO allies, saying he would not do so if they are not paying enough for their own defense. «It's common sense, right,» Trump told reporters in the Oval Office. «If they don't pay, I'm not going to defend them. No, I'm not going to defend them.» Trump said he has been of this view for years and shared it with NATO allies during his 2017-2021 presidential term. Those efforts prompted more spending from other members of the 75-year-old transatlantic alliance, he said, but «even now, it's not enough.»
07.03 / 02:17
markets
COST
ETH
Provident
Digital
Bitcoin
Bitcoin sinks after Trump’s executive order disappoints market
strategic Bitcoin reserve and a stockpile of other digital assets, according to a post on X by White House crypto czar David Sacks. Bitcoin and other tokens fell as Sacks said that taxpayer money would not be spent to acquire cryptocurrencies for either.
07.03 / 02:17
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NVIDIA
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Investigations
US Labor Department investigating Nvidia, Amazon-backed startup Scale AI
Scale AI, a data labeling startup backed by tech giants Nvidia, Amazon and Meta, for its compliance with the Fair Labor Standards Act, the California-based firm said on Thursday. The investigation is looking into Scale AI's compliance with fair pay practices and working conditions and was initiated nearly an year ago under the former President Joe Biden's administration, the company said. The startup said over the last year it has worked with the department to explain its business model and the emerging artificial intelligence industry.
07.03 / 01:15
UPS
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security
economy
Flushing
students
International
Study-abroad player Leap is in late-stage talks to acquire Prodigy Finance
Subscribe to enjoy similar stories. MUMBAI : Flush with funds, study-abroad platform Leap is in late-stage talks to acquire study-abroad fintech Prodigy Finance Ltd, with plans to acquire more startups, three persons close to the development told Mint. The final details are being ironed out, and the deal will close soon, said one of the persons, adding that Leap is also evaluating two to three other startups to acquire, with study-abroad consultancy KC Overseas Education being one of the leading prospects.
07.03 / 01:15
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Top stock picks for today: MarketSmith India's stock recommendations for 7 March
Subscribe to enjoy similar stories. Current market price: ₹513.65 | Buy range: ₹495-518 | Profit goal: ₹610 | Stop loss: ₹470 | Timeframe: 2-3 months Current market price: ₹6,174.90 | Buy range: ₹6,000-6,200 | Profit goal: ₹7,700 | Stop loss: ₹5,500 | Timeframe: 2-3 months India’s benchmark stock index Nifty 50 extended its rally for a second consecutive session following a sharp fall in Brent crude oil prices and US President Donald Trump’s tariff concessions. Crude oil prices fell sharply after the OPEC+ bloc of major petroleum exporting nations announced plans to gradually ease voluntary production cuts.
07.03 / 01:15
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Lohum is aiming for IPO in 2027. But before that it wants to raise $200mn
Subscribe to enjoy similar stories. New Delhi: Critical mineral refining and processing company Lohum is looking to raise about $200 million from private equity funds, as it readies to launch an initial public offering (IPO) in early 2027, its founder and chief executive officer (CEO) Rajat Verma said. “Growth will come from capacity expansion.
07.03 / 01:15
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Stocks to buy: Raja Venkatraman recommends three stocks for today — 7 March
Subscribe to enjoy similar stories. On 6 March, Indian stock indices, the Sensex and the Nifty 50, lost their initial upward momentum and closed in negative territory, dragged down by declines in major stocks like HDFC Bank, Airtel, ITC, and Infosys. Meanwhile, the White House revealed that US President Donald Trump is open to evaluating additional products for possible tariff exemptions, which came into effect on 4 March.
07.03 / 01:15
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rights
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Prepare to hit the US with tariffs where it hurts, says expert body advising the government
Subscribe to enjoy similar stories. New Delhi: A group of trade experts advising the government on its trade negotiations with the Donald Trump administration has recommended that India prepare to levy tit-for-tat tariffs on American goods that enjoy significant market access in India and that contribute to a sizeable US trade surplus in these product categories.
06.03 / 23:47
COST
Manufacturing
Apple
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country
electronic
Mint Primer: Will US tariffs on Indian goods hit iPhones prices?
Subscribe to enjoy similar stories. Trump, while addressing a joint session of the US Congress, labelled tariffs, or import duties, imposed by various nations on goods exported by the US as “very unfair". He also singled out “higher than 100%" tariffs that he said India currently imposes on automotive imports from the US.
06.03 / 23:47
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reports
After Trump's Paris Agreement exit, focus on state and municipal level climate change mitigation, says IPCC chairperson
Subscribe to enjoy similar stories. New Delhi: The rollback of pledges by a major economy can lead to missed global climate mitigation targets, but state- and municipal-level policies can still bear positive impacts, said Jim Skea, chairperson of the Intergovernmental Panel on Climate Change (IPCC). Skea said that withdrawing from an agreement may not mean the country will stop all climate change mitigation activities.
06.03 / 23:47
markets
UPS
Target
Trade
electronic
Pharmaceuticals
Trade talks heat up: US asks for petrochemical concessions, India eyes value chain
Subscribe to enjoy similar stories. New Delhi: As Indian and US negotiators huddle in Washington to iron out issues in a potential trade deal, one of the key areas that has emerged is petrochemical trade, three people aware of the matter said on the condition of anonymity.
06.03 / 23:21
markets
DOW
President
stars
How major US stock indexes fared Thursday, 3/6/2025
Another sell-off on Wall Street sent the Nasdaq composite 10% below its record as whiplash over tariffs grows and as AI stars lose more of their shine
06.03 / 21:23
markets
President
Podcasts
rights
Colleges
Sporting
athletics
Gavin Newsom says participation of transgender athletes in women’s sports 'deeply unfair'
Governor Gavin Newsom, suggested that Democrats made a mistake by permitting transgender athletes to take part in female college and youth sports. Newsom stated that he believes the involvement of transgender athletes in women’s sports is «deeply unfair.» Newsom’s comments on the issue roiled political debates nationwide.
06.03 / 21:23
markets
UPS
Action
community
President
reports
Rep Melanie Stansbury’s protest sparks clash during Donald Trump’s Congressional address
Congress Tuesday evening when Rep Melanie Stansbury (D-NM) held up a «This is NOT normal» sign when President Donald Trump walked into the White House chamber for his speech. The confrontation quickly escalated when Rep Lance Gooden (R-Texas) snatched the sign from her hand and flung it in the air. This exchange has sparked a controversy.
06.03 / 20:01
markets
Digital
Netflix
DISH
performer
Features
Chipotle announces new item as limited-time offering across North America and Europe; check what the special dish is
Chipotle on Thursday announced the temporary addition of Chipotle Honey Chicken to the menu in its restaurants across North America and Europe. The protein option was first introduced by the chain at locations in Nashville and Sacramento last year on an experimental basis. It emerged as the brand's best-selling limited-time offering after the launch, Chipotle noted in an official release.
06.03 / 18:49
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country
information
reports
CBDT’s nudge leads to disclosure of over ₹29,000 crore of foreign assets
Subscribe to enjoy similar stories. NEW DELHI : A compliance drive launched in November 2024 by the Central Board of Direct Taxes (CBDT), based on financial information received from foreign tax authorities, has led to more than 30,000 persons declaring previously unreported foreign assets worth ₹29,208 crore and additional foreign income of ₹1,090 crore, a person with direct knowledge of the matter said.
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