Usa Financial News

Gold rate today: On account of diminishing expectations of the US Fed rate hike, gold price climbed to a new peak of ₹61,914 per 10 gm levels on Multi Commodity Exchange (MCX) in the week gone by. However, profit booking triggered on higher levels and finally MCX gold rate ended at ₹60,745 per 10 gm levels on Friday, logging weekly gain of 1.62 per cent.

Bitcoin (BTC) wallet and payment platform Strike has partnered with Checkout.com to enable debit-card-based Bitcoin purchases in over 65 countries.

Cardano (ADA) is pulling back on Friday after hitting its highest level since April on Thursday near $0.41 per token.

Asset management giant Fidelity just filed a 19b-4 with the Chicago Board Options Exchange (CBOE) to set up a spot Ethereum exchange-traded fund (ETF) called the Fidelity Ethereum Trust, just one day after BlackRock filed to set up the iShares Ethereum Trust, its own spot Ethereum ETF.

Instead, the young, peppy and flexible environment of the new-age firms has made way for a hard performance driven culture, which some say is also “hostile” and “toxic” at times.

Fidelity, an asset management firm overseeing $4.5 trillion in assets, has become the latest firm to seek approval for a spot Ethereum (ETH) exchange-traded fund (ETF).

The United States and the Philippines have signed a nuclear cooperation pact under which U.S. investment and technologies are to help the Southeast Asian nation transition to cleaner energy and bolster its power supply

The federal government is delaying a new rule that could make it easier for millions of workers to unionize after business groups sued

The U.S. Food and Drug Administration is screening imports of cinnamon from multiple countries for toxic lead

WhatsApp has chosen the Mercedes Formula One team for its first entry into sports sponsorship

The Tennessee Titans will be moving to a new stadium for the 2027 season

By Greg Bensinger

WASHINGTON (Reuters) — The U.S. will fund nine projects with $169 million from last year's climate bill to speed manufacturing of heat pumps, systems that can heat and cool homes and businesses more efficiently, the Energy Department said on Friday.

By Anna Koper

WASHINGTON (Reuters) -Prosecutors in former President Donald Trump's election interference case in Georgia on Friday proposed starting the trial on Aug. 5, 2024, just months before the November U.S. presidential election.

Citigroup is expected to announce the first round of layoffs and job changes as part of a massive restructuring on Monday, The Financial Times reported on its website.

Embattled Brisbane fast-charger company Tritium is in negotiations with Taiwanese electronics company Lite-On Technology Corporation for a key strategic stake to ensure its financial future.

Narendra Modi on Friday condemned the civilian killings in the Israel-Hamas conflict, as he spoke about 'new challenges' in west Asia and emphasised on dialogue and diplomacy. «We have emphasised on dialogue and diplomacy. We also condemn the deaths of civilians in the conflict between Israel and Hamas,» Modi said in his opening address of the second virtual Voice of Global South Summit on Friday. Modi spoke on achievements of the G20 presidency, including progress on several initiatives unveiled at the first south summit in January.

The risk of severe weather on Monday appears to escalate along the Gulf Coast, with communities such as Jackson in Mississippi and Alexandria in Louisiana potentially falling within the highest threat zone. However, tornadoes are not identified as the primary concern for this weather event. A significant impact could be heavy rainfall, particularly affecting major roadways such as Interstate 55, I-20, and I-10. Following the passage of the cold front responsible for the severe storms, cooler air is expected to dominate the weather pattern for the majority of the Thanksgiving holiday week. Meanwhile, the storm system that formed over the Florida Keys this week and dumped up to 9 inches (23 centimeters) of rain across parts of South Florida has moved into the Atlantic Ocean, bringing clearing skies to the region on Thursday, the National Weather Service in Miami said. While hurricane season doesn't officially end until November 30, this storm wasn't associated with a tropical system, according to Luke Culver, a meteorologist with the National Weather Service in Miami.

Elon Musk endorsed an anti-Semitic post on X that claimed «members of the Jewish community were stoking hatred against white people.» While news website Axios reported that Apple is pausing its advertisements, Bloomberg reported Lionsgate's move.

Portland Trail Blazers and Los Angeles Lakers are facing off in NBA in-season tournament on Friday night. The match will take place at the Moda Center.