Usa Financial News
03.03 / 19:53
markets
Photos
Oscar
singer
reports
Hailey Bieber goes solo at Vanity Fair Oscar party amid rumours of split with Justin Bieber
Hailey Bieber attended the 2025 Vanity Fair Oscar party all glammed up while her husband Justin Bieber was not with her. This comes as the couple have been the subject of discussion lately due to rumours of a split. Bieber’s solo show at the party may reignite rumours of troubles in her marriage with the Baby singer.
03.03 / 19:17
markets
UPS
Action
Apple
RAI
show
Apple defeats US consumer lawsuit over iCloud storage, for now
U.S. District Judge Eumi Lee in San Jose, California, on Friday said the plaintiffs in the class action had not shown Apple violated federal or state antitrust law. However, she ruled they could amend their complaint and refile it. The lawsuit alleged Apple violated antitrust law by coercing customers to use the company's iCloud service to back up core data and device setting files. Apple has denied any wrongdoing.
03.03 / 19:17
markets
CEO
Action
Fallout
President
social
reports
Big military fallout: Norwegian energy firm halts fuel supply to US Navy fleet amid Donald Trump and JD Vance clash with Zelensky
marine fuel firm Haltbakk Bunkers has halted its fueling of US warships after a heated and public exchange between Ukrainian president Volodymyr Zelensky, US president Donald Trump, and vice president JD Vance at the White House on Friday, as per a report.
03.03 / 19:17
markets
Digital
Forbes
President
Experts
RAI
US government vows to extend tax act set to expire this year; here’s how you can be impacted
Tax Cuts and Jobs Act (TCJA), a package of tax reliefs that was voted to law by a Republican-dominated US Congress in 2017 during Donald Trump's first presidency, is set to witness the expiration of its provisions on December 31 this year. House Republicans passed a budget plan last week that lays the groundwork to extend the TCJA. If the plan fails to pass in both the Senate and House of Representatives, and no new act is brought out and approved, the provisions of the TCJA would end on December 31. The introduction of the TCJA was the largest overhaul of US tax codes in more than three decades. The only way for tax breaks under TCJA to continue is by the introduction of a relevant legislation by the Congress to expand or amend the tax cut code.
03.03 / 18:41
markets
Ethereum
FIVE
Digital
XRP
Bitcoin
social
Why is Donald Trump’s Crypto Reserve facing backlash from billionaire allies?
The proposal, which includes Bitcoin, Ethereum, XRP, Solana, and Cardano, is aimed at solidifying the United States as the “Crypto Capital of the World.” However, the initiative has not been met with universal approval.
03.03 / 17:25
markets
UPS
Gap
security
Trade
country
Is Europe ready to break free from US security dependence?
trans-Atlantic security. As evident, the Trump administration is unlikely to commit to a security framework in Europe where it pits Washington against Moscow. In fact, Washington is demonstrably against security commitments abroad, to the extent that its age-old commitments under Nato now hang in the balance. What is certain, though, is that any road to getting Washington's security commitments is likely to involve a large economic component. As such, the semblance of an offer that the US has put on the table for Ukraine as a guarantee against Moscow is a mineral deal without any explicit security guarantees. Clearly, this approach may not be acceptable to most countries, certainly not to Ukraine. An immediate repercussion of Washington's security recoil has been the beginning of an almost pan-European consensus on the need to step up and fill potential gaps that could emerge as a result. Most European leaders appeared bound in a consensus to carve a new security assurance for Ukraine, except this time without the US. France, Germany and Britain, along with the EU as a bloc, depicted existential urgency at Sunday's leaders' European security summit in London, knowing that the block may have to take charge of not just its own security but also negotiations on part of Ukraine.
03.03 / 17:13
03.03 / 17:13
markets
economy
Sustainability
Trade
show
country
Growing up, with uncertainties
All that changed last Friday, when fresh estimates for GDP growth in 2024-25 and Q3 estimates for the current fiscal suddenly showed growth in a new, much brighter light. Not only is growth in Q3 (6.2%) a marked improvement over the previous quarter's upwardly revised 5.8%, but growth for FY25 has also been revised upward. From 6.4% in FAE released on Jan 7, growth in 2024-25 is now pegged higher at 6.5%. Even better, across-the-board upward revisions in growth estimates for the previous two fiscals — from 8.2% to 9.2% in 2023-24 (the highest in the previous 12 years, except for 2021-22, when GDP grew 9.7% on account of rebound from Covid), and from 7% to 7.6% in 2022-23 — along with upward revisions for Q1 and Q2 of FY25 show the economy in fine fettle.
03.03 / 17:13
markets
Target
Cooper
Manufacturing
trends
Trade
show
Make trade cool again: A well-crafted, flexible US-India trade agreement can unlock lasting economic opportunities
Returning to America, these ships carried prized Indian products: indigo dye and delicate silk. These imports reshaped American manufacturing, influencing textile production, dyeing methods and fashion trends. This historical exchange illustrates a timeless lesson: trade, at its core, fosters innovation and benefits both sides. Today, that spirit of cooperation is under strain. Donald Trump's administration has embraced protectionism, aiming to bring manufacturing jobs back to American shores through a policy called 'Fair and Reciprocal Plan'. Underpinning this policy is frustration over trade imbalances and unequal market access. As the White House recently highlighted, 'The US average applied tariff on agricultural goods is 5%. But India's average applied tariff is 39%. India also charges a 100% tariff on US motorcycles, while we only charge a 2.4% tariff on Indian motorcycles.' Such tariff disparities have soured economic relations, even as the US and India have grown strategically closer.
03.03 / 14:57
Analysis
Food
Research
Bill
Experts
Universities
Doge
'Reverse Robin Hood scam' or windfall for middle class? Lawmakers debate Trump tax plan extensions
As Congress debates how to handle trillions of dollars in expiring tax breaks, lawmakers on both sides have been lobbing claims about which consumers will see the biggest benefits from extending them. Economists and tax experts say the answer isn't so straightforward.
03.03 / 13:33
markets
Digital
XRP
President
Bitcoin
social
donates
Trump sparks crypto rally by saying more coins to be in reserve
The cryptocurrency market roared into March with a rally, recouping some of the losses from the asset class’s worst month since 2022, after United States President Donald Trump once again talked up his plan for a strategic crypto reserve.
03.03 / 13:33
markets
COST
UPS
President
Interviews
Looming tariffs make U.S. steel production too expensive
United States President Donald Trump’s threatened steel tariffs that don’t kick in for two weeks are impacting U.S. buyers who already are seeing American-made metal cost more than imports.
03.03 / 13:33
UPS
security
President
War
Freedom
Relationships
Europe's nightmare is here: They have to fight Putin without the U.S.
European leaders are confronting their worst-case scenario: maybe they really are going to be dealing with a bellicose Russia alone.
03.03 / 13:01
UPS
Assurant
Dreams
track
social
Schools
Feeling lost? How Ankur Warikoo rebuilt his life after ditching a dream life, free PhD program in US
Ankur Warikoo recently opened up about the time he decided to drop out of his PhD programme and join the Indian School of Business for his MBA. Taking to X, the YouTuber wrote about how, 20 years ago, he received a “life-changing email.” The ‘Do Epic Shit’ author recalled how, despite being on track to realising his cherished dream: Completing his PhD, joining NASA, and going to Mars. “I had dropped out of my PhD program a year back (in 2004), come back to India from the US, giving up on what was a dream life—100% scholarship, a generous stipend, top of my class, fast track to complete my PhD. Everyone was devastated. Disappointed in me. I was disappointed in myself,” he wrote.
03.03 / 12:49
markets
UPS
Waves
Pool
Cycling
Pharmaceuticals
Ace investor Kenneth Andrade sees opportunities in the Indian stock market. Here’s where he is betting big
Kenneth Andrade, the ace investor known for his high-conviction calls, looks for businesses early into a business cycle as part of his investment philosophy. The chief investment officer of Old Bridge Capital Asset Management observed that India's market capitalisation to GDP ratio is 130%, which still indicates overvaluation. However, he still sees pockets of opportunity in the market. Andrade shared his market outlook recently during a presentation on his fund's position and where he sees investment opportunities.
03.03 / 10:33
03.03 / 09:53
Manufacturing
economy
Trade
President
show
country
consequences
New trade order: US-China neutrality may not give countries an advantage
Subscribe to enjoy similar stories. Being ‘not China’ may have been the easy part. A big manufacturing pitch in several Asian economies was that they enjoyed cordial relations with Beijing and solid historical ties to the US.
03.03 / 09:31
markets
NVIDIA
reports
Investigations
Destinations
Singapore probes final destination of possible Nvidia chip servers
Malaysia, but their actual final destination remains a mystery, the city-state's interior minister said Monday. The United States is cracking down on exports of advanced semiconductors to China, seeking to retain a competitive edge over the technology. But Bloomberg News reported in late January that US officials were probing whether DeepSeek bought advanced Nvidia semiconductors through third parties in Singapore, skirting Washington's restrictions.
03.03 / 08:37
markets
FIVE
Digital
XRP
President
Bitcoin
social
Donald Trump unveils US crypto reserve plan, triggering market volatility
White House cryptocurrency summit on March 7, US President Donald Trump took to social media to reveal five digital assets he intends to include in a new US strategic cryptocurrency reserve. The announcement on Sunday triggered a surge in market value for each of the assets. Trump said in a social media post on Truth Social that his January executive order on digital assets would establish a reserve comprising bitcoin, ether, XRP, solana, and cardano. Until the announcement, the specific names had remained undisclosed. Over an hour later, he clarified: «And, obviously, BTC and ETH, as other valuable cryptocurrencies, will be at the heart of the Reserve.» Market reactions
03.03 / 08:37
markets
security
wellness
Experts
country
reports
peace
Japan won't join UN meeting on nuclear weapons ban, citing support for US deterrence
U.S. nuclear deterrence is crucial to the country's security and that its participation would send the «wrong message.» Chief Cabinet Secretary Yoshimasa Hayashi said Japan's national security is the primary reason it will not participate as an observer at the conference, which starts Monday in New York. «Under the severe security environment, nuclear deterrence is indispensable to defend the people's lives and assets, as well as Japan's sovereignty and peace,» Hayashi told reporters. Japan's participation as an observer at the conference would «send a wrong message about the Japanese policy (supporting) nuclear deterrence and interfere with our effort in security, peace and safety.»
03.03 / 08:01
President
Schools
Commentary
Headlines
International
Trump is focused on Ukraine’s critical minerals. Here’s what Ukraine really has.
Subscribe to enjoy similar stories. The deal President Donald Trump and Ukrainian President Volodymyr Zelensky are expected to sign Friday hinges on a bullish view of Ukraine’s critical mineral wealth. Both parties have reason to project optimism.
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