Usa Financial News

By Polina Devitt and Amy Lv

Jim Jordan on Friday lost a third vote to become speaker of the U.S. House of Representatives, leaving the chamber unable to respond to President Joe Biden's request for aid to Ukraine and Israel. Opposition to his candidacy from within his party grew, with 25 Republican lawmakers voting against him, more than the 22 who had opposed in the second round on Wednesday.

Janet Yellen says US can 'certainly afford' two wars- Israel and Ukraine According to Shalanda Young, the director of the Office of Management and Budget, Republicans will be hypocritical to oppose Biden's proposal even after protesting against border management policies. And ever since the new asylum restrictions kicked in, illegal crossings have increased. "We will not be lectured by those who refuse to act.

₹8 crore in Indian stocks today. As per the NSE data, FIIs cumulatively bought ₹13,645.57 crore of Indian equities, while they sold ₹13,189.36 crore --- resulting in an inflow of ₹456.21 crore on Friday.

New Delhi: Tata Communications Ltd aims to grow its US business to $700 million-1 billion in three years, making it the company’s largest business after India, a top executive said. Integration of its acquisition of The Switch Enterprises that has premium clients, and the contribution of enterprise clients and hyperscalers to its connectivity business are expected to drive the growth. “After India, the US will turn out to be the second biggest market for us," Amur S.

₹2,773 crore net profit for the September quarter against a net loss in the same quarter last fiscal. The Mumbai-based steel manufacturer reported a 6.71% year-on-year increase in its consolidated revenue from operations to ₹44,584 crore. Consolidated earnings before interest, taxes, depreciation, and amortization (Ebitda) stood at ₹7,886 crore, with an Ebitda margin of 17.7%.

Israel-Hamas war. Armed factions close to Iran have threatened to attack US interests in Iraq over Washington's support for Israel since Hamas militants killed more than 1,400 people in a shock cross-border attack from Gaza on October 7. Israel's retaliatory bombardment of Gaza has killed more than 4,100 people, according to its Hamas-controlled health ministry. «We can confirm a rocket attack on US and coalition forces at the Baghdad diplomatic support centre, near the Baghdad international airport, occurred Friday at approximately 2:50 am» (2350 GMT Thursday), a Pentagon official said. «Initial assessments indicate two rockets were fired. One was intercepted by acounter-rocket system and the other impacted an empty storage facility.

Martin Scorsese's highly-anticipated film, «Killers of the Flower Moon,» featuring A-list actors Leonardo DiCaprio, Robert De Niro, and Lily Gladstone, audiences are transported to the dark and haunting history of the 1920s Osage murders in Oklahoma. This cinematic masterpiece sheds light on a sinister chapter in American history, and Caryn James delves into the terrible true story that inspired the film. «They won't remember,» says Robert De Niro's character in the film, reflecting the delusion of William Hale, a cattle baron in 1920s Oklahoma, who believed the Osage Nation would forget the systematic killings of their wealthy members for oil money.

FTX cryptocurrency empire, another reckoning for digital currencies is underway: Governments around the world are intensifying their crackdown on sources of funding for terrorist groups — including crypto — after Hamas’s bloody attack in Israel that claimed more than 1,400 lives and led to retaliatory attacks that have killed thousands. Crypto is a small but deadly slice of overall terrorism funding: Research by analytics firm Elliptic in 2021 estimated that wallets linked to Hamas’ military wing had received more than $7.3 million in crypto, including around $40,000 in Dogecoin, the dog-themed memecoin favored by Elon Musk. These sums aren’t much compared with the $100 million that Iran sends annually to Hamas and other Palestinian terror groups or with Qatar’s $360 million in aid for Gaza, or the approximately $300 million Hamas gets via business taxation and extortion estimated by the Washington Institute’s Matthew Levitt.

PTI. "India remains standout overweight. We increase our overweight stance on Indian equities and as our most-preferred emerging market," PTI quoted a brokerage note as saying on Friday.

CVS Health is pulling from its drugstore shelves some cough-and-cold treatments that contain an ingredient that has been deemed ineffective by doctors and researchers

Morgan Stanley has upgraded India to «standout overweight» citing that the relative economic and earnings growth is improving and the macro-stability setup looks sufficient to withstand the higher real rate environment. «India remains standout overweight. We increase our overweight stance on Indian equities and as our most-preferred emerging market,» the brokerage said in a note on Friday.

Tether Holdings, the issuer of the world’s largest stablecoin by market capitalization, Tether (USDT), is reportedly preparing to update the frequency of releasing its reserve data reports.

Financial planner Sean Caldwell and son Jacob Caldwell discuss the benefits of saving early in life on 'The Big Money Show.'

By Shivansh Tiwary and Raechel Thankam Job

Investing.com — U.S. futures fell Friday, weighed by rising bond yields and concerns surrounding escalating geopolitical tensions in the Middle East.

Xi Jinping won power in 2012, the government has grown more repressive and society less vibrant. Censors have turned the internet into a drearier place, while letting nationalist trolls drum in the state’s talking-points. At university students must grapple with Mr Xi’s forbidding personal ideology.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

The Chamber of Digital Commerce has joined forces with various digital assets firms, associations, legal experts, and legislators to challenge the U.S. Securities and Exchange Commission (SEC) in its lawsuit against Binance. 

Ripple’s latest win in its legal battle against United States securities regulators has been marred by news of the blockchain platform LBRY shutting down operations, which triggered the community to react.

The United States-based Chamber of Digital Commerce has aligned with various digital assets firms, associations, legal experts and legislators in a collective effort to challenge the U.S. Securities and Exchange Commission (SEC) vs. Binance lawsuit.