Usa Financial News

By Patrick Wingrove

AFP reported. President Raisi cited Israel's current operations in the Gaza Strip to urge nations, that have ties with Israel, to sever them. He called for greater support for Palestinians, the report said.

Bipin Joshi watched the two grenades skid across the cement floor of the windowless room where he was hiding, shoulder-to-shoulder with 16 other student farmers from Nepal. Outside, the Hamas gunmen marauding through the orchards and dairy barn of Kibbutz Alumim were killing anyone they could find. The Nepalis had arrived in Israel just three weeks earlier, on a college program to tend orange and lemon groves.

A project to build a first-of-a-kind small modular nuclear reactor power plant was terminated Wednesday

Oil and gas companies have a large presence at international climate talks aimed at getting the world to sharply reduce emissions, which lead to climate change

NASA astronaut Frank Borman, commander of the first Apollo mission to the moon, has died at age 95

It is the first engagement between the leaders in nearly a year.

The credit rating agency Moody’s Investors Service has lowered its outlook on the U_S_ government’s debt to “negative” from “stable.”

The futuristic B-21 Raider warplane has taken its first flight, moving it closer to becoming the nation’s next nuclear weapons stealth bomber

Apple has agreed to pay $25 million to settle allegations that it engaged in a pattern of discriminatory hiring practices when filling some of its jobs during 2018 and 2019

In recent years, koi have become hugely popular in Asia, with exports doubling over the past decade

Board members from Hollywood’s actors union have voted to approve the deal with studios that ended their strike after nearly four months

Hollywood’s months of labor unrest are coming to an end, but the post-strike landscape that awaits actors and writers may be far from happy-ever-after

Vivek Ramaswamy's Republican presidential campaign has seemingly mirrored his meteoric rise as a biotech entrepreneur

Chelsea and Manchester City will play Sunday blockbuster in Premier League. Manchester City can go back to the top of the premier league table if Pep Guardiola's side manages to accumulate all three points. Chelsea will look to maintain the momentum which they got after defeating Tottenham last week. Manchester City have 27 points from 11 matches, while Chelsea have 15 points from 11 games.

Bitcoin is climbing for a fourth consecutive week, with the digital token’s price lingering just below an 18-month high of $38,000, as more investors bet that US exchange-traded funds that hold the largest cryptocurrency are on the verge of winning regulatory approval. “We are referring to the current Bitcoin rallies internally as, ‘nothing for sale’ rallies, said Stephane Ouellette, co-founder and chief executive of FRNT Financial. “On even the slightest positive news, whether ETF related or otherwise, Bitcoin is seeing very little resistance to the upside and is having the propensity to ‘gap.’ The dynamic speaks to the impressively strong price base Bitcoin has developed post-FTX.” Bitcoin rose as much as 2.5% to $37,465 on Friday. It climbed within a hair of $38,000 on Thursday, the highest price since May 2022. That was when the collapse of the TerraUSD stablecoin set off a chain of failures across the sector that culminated in the implosion of Sam Bankman-Fried’s FTX exchange a year ago from tomorrow. The US Securities and Exchange Commission is expected to approve a spot Bitcoin ETF by Jan. 10, according to Bloomberg Intelligence analysts. Bitcoin has surged almost 40% over the past four weeks on growing speculation that approval was imminent.

Ebrahim Raisi called Saturday on Islamic governments to designate Israel's military a «terrorist organisation», citing its current operations in the Gaza Strip. «Islamic governments should designate the army of the occupying and aggressor regime as a terrorist organisation,» Raisi told a summit of Arab and Muslim leaders in the Saudi capital Riyadh. The emergency meeting of the Arab League and the Organisation of Islamic Cooperation (OIC) comes after Hamas militants' bloody October 7 attacks that Israeli officials say left about 1,200 people dead, mostly civilians, and some 240 taken hostage. Israel's subsequent retaliatory aerial and ground offensive has so far killed more than 11,000 people, also mostly civilians and many of them children, according to the Hamas-run health ministry. In his first visit to Riyadh since Iran and Saudi Arabia agreed to restore ties in March, Raisi urged nations that have ties with Israel to sever them and called for greater support for Palestinians. He called for «cutting any sort of political or economic relations with the Zionist regime» as important steps to be taken by Islamic countries. Implementing a «trade boycott against the Zionist regime especially in the energy field should be prioritised,» he added. The Iranian president, whose country is a supporter of Hamas militants, hit out at the United States for providing financial and military support to Israel. «Both the war machine of the Zionist regime and its fuel belong to the Americans,» he said, adding that «undoubtedly, the US government is the commander and the main accomplice of this crime.»

Saudi Arabia and Muslim countries called on Saturday for an immediate end to military operations in Gaza, declaring at a joint Islamic-Arab summit in Riyadh that Israel bears responsibility for «crimes» against Palestinians. Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler, gathered Arab and Muslim leaders for the summit as the kingdom has sought to exert its influence to press the United States and Israel for an end to hostilities in Gaza. Dozens of leaders including Iranian President Ebrahim Raisi, Turkish President Tayyip Erdogan, Qatar's Emir Sheikh Tamim bin Hamad Al Thani and Syrian President Bashar al-Assad, who was welcomed back into the Arab League earlier this year, attended the meeting. Prince Mohammed said the kingdom affirms its «condemnation and categorical rejection of this barbaric war against our brothers in Palestine».

Azul Airlines flight from the US to Brazil faced scrutiny after a passenger's body was left on a business-class seat for 10 hours. The incident unfolded during a flight from Fort Lauderdale in Florida State to Belo Horizonte International Airport in Confins, Brazil. Azul Airlines, in a statement, expressed their condolences: «Unfortunately, she did not survive and died during the flight, as confirmed by a doctor on board.» The airline is extending support to the family members of the deceased passenger. Upon landing, passengers were held on board for 40 minutes as police conducted inquiries and a coroner performed necessary tests.

leather jacket worn by the 'King of Pop,' Michael Jackson, in the 1980s was bought for a whopping £250,000 ($306,000). Earlier, the black-and-white jacket worn by the famous star was expected to sell for between £200,000 and £400,000 at the auction. Along with an Amy Winehouse hairpiece and a George Michael jacket, the item was one of over 200 pieces of music memorabilia that were auctioned off in London on Friday. Apart from Jackson's jacket, pieces associated with other legendary singers and artists, including David Bowie, Oasis, and The Beatles, also went under the hammer.

US Treasury Secretary Janet Yellen will visit China again next year at her counterpart’s invitation, as officials in the world’s two biggest economies seek to boost contact further and improve tense relations.