Usa Financial News
28.02 / 21:01
markets
Citizens
security
Trade
President
country
reports
51st state? Donald Trump’s closest advisor, Peter Navarro, threatens to redraw Canadian border amid President's talk of the country becoming next U.S. state
Donald Trump's adviser, Peter Navarro, is allegedly pushing for border changes, thereby increasing the tensions between the United States and Canada. In light of Donald Trump's goal of making Canada the «51st state» in the union, a senior White House official has threatened to redraw the country's border.
28.02 / 21:01
markets
UPS
Software
RAI
reports
Colleges
Get ready to see the Blood Moon! Here's your guide on how to watch, when, where and some tips to view total lunar eclipse
total lunar eclipse or a 'blood moon' will be visible across the United States. The full moon will be red in colour and will surely dazzle your eyes. The best part is you don't need any equipment to watch and can be seen with your naked eyes.
28.02 / 20:09
markets
ETF
Exodus
Trade
Refugees
Bitcoin
‘Hot money’ flees Bitcoin at record pace
Investors have pulled a record US$3.3 billion from United States spot-Bitcoin exchange-traded funds in February, poised for the biggest monthly exodus since they debuted, as investors sought refuge in safer assets amid rising geopolitical tensions and persistent inflation concerns.
28.02 / 20:09
markets
Provident
Target
Gap
economy
President
reports
Posthaste: Bank of Canada would freeze rate cuts on Trump blanket 25% tariffs, economists say
The Bank of Canada will halt rate cuts after a March trim if United States President Donald Trump imposes 25 per cent tariffs on most goods from Canada, say economists at Oxford Economics Group Ltd., a decision that would upend standard thought about how policymakers respond to such traumatic events.
28.02 / 20:09
markets
UPS
economy
President
performer
Canada's Big Six banks fail to override 'sticky' tariff fears despite decent first quarter
Canada’s biggest banks beat analysts’ earnings expectations quite comfortably this week, which usually helps ease concerns linked to the economy, but that wasn’t the case this time around.
28.02 / 16:13
28.02 / 16:13
markets
Healthcare
hiv
Department
malaria
International
Vaccines
USAID contracts cancelled: Donald Trump administration cuts funding for polio, HIV, malaria programmes
Trump administration has cancelled several international aid projects, including contracts supporting HIV, polio, and malaria programmes in some of the world’s most impoverished communities. Earlier this week, the administration officially terminated these contracts through brief, direct emails. Around 5,800 contracts under USAID have been revoked. These included vital projects such as refugee aid, tuberculosis clinics, and polio vaccination initiatives, according to The New York Times.
28.02 / 16:13
markets
Provident
Reuters
Analysis
cover
reports
Department
US consumer spending falls in January; monthly inflation rises
inflation could provide cover for the Federal Reserve to delay cutting interest rates for some time. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, dropped 0.2% last month after an upwardly revised 0.8% increase in December, the Commerce Department's Bureau of Economic Analysis said on Friday. Economists polled by Reuters had forecast consumer spending gaining 0.1% after a previously reported 0.7% surge in December, when outlays were boosted by pre-emptive buying in anticipation of tariffs which would raise prices for imported goods.
28.02 / 16:13
28.02 / 15:23
economy
Southern
wellness
Trade
War
show
reports
‘A seismic change’: More than half of Canadian business leaders have lost confidence in the U.S. as a reliable trading partner
In the face of a trade war, Canadian business leaders are making big changes in the way they conduct operations — and many are moving away from their longtime trading partner on the other side of the border, according to a new Léger survey.
28.02 / 15:23
Citi
FIVE
Citigroup
Interface
reports
International
Destinations
Citigroup erroneously credited client account with US$81 trillion in 'near miss'
Citigroup Inc. credited a client’s account with US$81 trillion when it meant to send only US$280, an error that could hinder the bank’s attempt to persuade regulators that it has fixed long-standing operational issues.
28.02 / 15:23
COST
UPS
economy
Election
Trade
War
country
David Rosenberg: It may not seem obvious today, but Trump has done Canada a big favour when it comes to the future
The United States sends tremendous support to its allies around the world, but the payback has typically been a more stable world — it doesn’t always work, mind you, as we have seen these past three years. But no country benefits more from a tranquil world than the U.S.
28.02 / 15:21
UPS
International
Pantheon's NAV edges up amid 'ongoing macroeconomic challenges'
In the trust's half-year results to 30 November 2024 released today (28 February), the private equity-focused vehicle's NAV per share grew 2.3% while its share price rose by just 0.2%. Despite investing £12.7m in share buybacks, which were accretive to NAV, this was offset by «unfavourable currency movements» according to PIP, with the majority of the portfolio dominated by the US dollar. Former 3i investment director joins Pantheon International board Over the 12 months to 30 November 2024, PIP's NAV increased by 5.3%, below the FTSE All-Share's return of 11.1% during the same p...
28.02 / 15:21
markets
security
Analysis
economy
Trade
Experts
FIIs record highest single-day selling in February on Friday, sell shares worth Rs 11,639 crore
In the 20 trading sessions, they were buyers on just two instances — on February 18, when they had bought domestic shares worth Rs 4,786.6 crore and on February 4, when they purchased shares worth Rs 809.2 crore.
28.02 / 15:21
markets
Provident
Remark
President
country
reports
Schools
US to get its official language soon? Trump's next big move revealed
Donald Trump will sign an executive order that would for the first time make English the official language of the US, Washington Post reported citing White House officials. However, at what time Trump would sign the order is yet to be revealed. The United States has never had an official language at the federal level but the issue has been problematic for certain states. Hundreds of languages are spoken in the U.S., the byproduct of the country’s long history of taking in immigrants from around the world. ALSO READ: 'I can't believe I said that': Donald Trump health fears reignited after his remarks on Zelenskyy
28.02 / 15:21
markets
Strategy
BlackRock
wellness
BlackRock American Income eyes investment objective and fee structure overhaul
In a stock exchange notice today (28 February), the board said it aims to adopt a systematic active equity strategy at its next general meeting, scheduled for 16 April. On the same day, shareholders will be asked to vote on the continuation of the trust as well. BlackRock leverages ELTIF 2.0 framework to increase private markets access for European clients The revamp of its investment objective and policy, subject to the continuation of the vehicle, will comprise combining big data, artificial intelligence and human expertise in a bid to «unlock new ways to seek consistent portfoli...
28.02 / 15:21
markets
Digital
Software
Experts
RAI
Schools
Emmanuel Macron says EU plans 'reciprocal' tariffs on US steel, aluminium
If the tariffs are confirmed, «Europeans will respond and therefore there will be reciprocal tariffs. Because we must protect ourselves, defend ourselves,» Macron said in Porto during a state visit to Portugal. «We must not be weak in the face of these measures,» he said alongside Portuguese Prime Minister Luis Montenegro.
28.02 / 15:01
28.02 / 15:01
markets
Tesla
Election
President
social
Courts
Elon Musk names next 'future President' of US on X; netizens endorse his choice
Elon Musk Friday heaped praises on US Vice President JD Vance and said he will one day follow in his boss Donald Trump's footsteps as «future president.» «Best VP ever and our future President,» Tesla CEO Musk posted on his social media platform X. Musk, the world's richest person and Trump's top donor during the 2024 presidential campaign, posted a similar message last week, saying: «Best VP ever and hopefully our future President.»
28.02 / 15:01
markets
UPS
Aviat
Software
RAI
Traffic
Elon Musk urges retired air traffic controllers to return as staffing crisis worsens
Elon Musk has urged retired air traffic controllers to consider returning to work, highlighting a critical staffing shortage putting pressure on the aviation industry. His appeal follows growing concerns over air safety after a deadly midair collision at Reagan National Airport and several close calls at other US airports. But federal regulations impose strict age limits, making it difficult for many retired controllers to return to their positions.
28.02 / 15:01
markets
Waters
SpaceX
Universities
singer
reports
Investigations
NASA’s Lunar Trailblazer loses contact after deployment: What happened?
NASA's Lunar Trailblazer, which launched aboard a SpaceX Falcon 9 rocket on February 26, experienced a loss of communication with ground control, the US space agency confirmed in a statement on Thursday. Mission operators at Caltech’s IPAC in Pasadena, California, initially established contact with the satellite following its successful deployment in space, NASA stated in an official release. However, telemetry data later indicated intermittent power system issues, the agency added.
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