Usa Financial News
19.10 / 13:01
economy
reports
Department
fall
Applications for US jobless benefits fall to lowest level in more than 8 months
Applications for unemployment benefits fell to their lowest level in eight months last week as businesses continue to retain workers despite elevated interest rates meant to cool the economy and labor market
19.10 / 12:53
COST
UPS
Waves
Manufacturing
Netflix
Tesla
reports
fall
Tesla, Foot Locker, Canada Goose fall premarket; Netflix rises
Investing.com — U.S. futures steadied Thursday after the previous session’s losses, as investors awaited a key speech from Fed chair Jerome Powell for clues towards future monetary policy.
19.10 / 12:53
COST
UPS
Booking
Airlines
reports
American Airlines beats profit estimates, sees strong holiday bookings
(Reuters) -American Airlines on Thursday beat estimates for third-quarter adjusted profit and said bookings for the upcoming holiday season have been stronger than last year, sending its shares up 1.6% in premarket trading.
19.10 / 12:53
Provident
Target
Extreme
economy
SPX
500
end
S&P 500 will hit record highs before year-end - Piper Sandler
Global financial markets are experiencing declines today as government bond yields continue to rise. In the United States, yields are reaching new cycle highs, putting pressure on stocks. The 10-year Treasury yields have risen by 5 basis points to 4.97%.
19.10 / 12:53
Target
Align
stage
EUR/USD: Recent Bounce a Selling Opportunity as Downtrend Set to Resume
The recent rebound in the EUR/USD currency pair appears likely to be nothing more than a temporary correction within the ongoing downtrend that began in mid-July as, longer-term, the fundamental factors pushing the US dollar higher haven't changed, despite of all the recent noise.
19.10 / 12:47
acquisitions
companies
Alternatives
Man Group
Inflows
Time
Man Group AUM surpasses $160bn for the first time
Robyn Grew (pictured) took over as CEO of Man Group at the start of September.
19.10 / 12:41
UPS
Fighting
awards
WhatsApp
Death
President
EU honours Mahsa Amini, whose death triggered protests against Iran's Islamic theocracy
Iranian woman who died in police custody in Iran last year, sparking worldwide protests against the country’s conservative Islamic theocracy, was awarded the European Union’s top human rights prize on Thursday. The EU award, named for Soviet dissident Andrei Sakharov, was created in 1988 to honor individuals or groups who defend human rights and fundamental freedoms.
19.10 / 12:41
Reuters
reports
Dabur Subsidiaries Sued In US, Canada Over Allegations Of Its Products Causing Cancer; Share Dips
As per a Reuters report, Dabur India’s subsidiarie... moreAs per a Reuters report, Dabur India’s subsidiaries were among the 57 companies sued in the U.S.
19.10 / 12:40
business
Law
FTX
Court
Financial Services
Financial
Sam Bankman-Fried’s trial is telling a story of classic financial deceit
The courtroom drama unfolding around FTX founder Sam Bankman-Fried (SBF) has all the ingredients of a binge-worthy Netflix series, replete with a cast of shady characters and a plot that thickens with each passing day. Among the highlights were SBF's lofty presidential ambitions and a staggering $100-150 million bribe to Chinese officials, which add a surreal twist to the narrative.
19.10 / 12:40
copyrights
Artists
Intellectual Property
rights
Universal Music Group enters partnership to protect artists’ rights against AI violations
Universal Music Group (UMG) announced a new partnership with social music creation platform BandLab Technologies on Oct. 18 to promote responsible practices with artificial intelligence (AI) in the industry.
19.10 / 12:40
regulation
Tokens
Tokenomics
BIS
US OCC to host discussion on tokenization of real-world assets
The United States Office of the Comptroller of the Currency (OCC), an independent bureau of the U.S. Treasury Department that supervises national commercial banks in the country, will host a symposium on tokenization in February 2024.
19.10 / 12:40
business
Investments
ChatGPT
OpenAI
OpenAI partners with G42 in Dubai, eyeing Middle East expansion
OpenAI, the maker of popular artificial intelligence (AI) chatbot ChatGPT, and Dubai-based technology holding group G42 announced a new partnership on Oct. 18 to expand AI capabilities in the Middle East region.
19.10 / 12:40
Blockchain
regulation
IRS
Taxes
Bitcoin
Threat
IRS crypto tax reporting rules threat to industry — Coinbase legal chief
Coinbase crypto exchange chief legal officer Paul Singh Grewal called upon the crypto community to join the movement against the United States Treasury’s proposed tax reporting regulations on cryptocurrencies. Grewal urged the community to oppose the proposed regulations as it could set a dangerous precedent for surveillance.
19.10 / 12:40
business
Stablecoin
Adoption
Lightning Network
lightning
Bitcoin
Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin
Bitcoin layer-2 infrastructure firm Lightning Labs has released the mainnet alpha of Taproot Assets, a protocol aimed at enabling stablecoins and real-world assets to be issued on the Bitcoin and Lightning Network.
19.10 / 12:40
regulation
Banks
banking
Digital Asset
guidance
Inspector General wants FDIC to refine crypto risk assessment process, guidance
The Inspector General’s Office (OIG) of the Federal Deposit Insurance Corporation (FDIC), the independent United States government body that provides deposit insurance to commercial and savings banks, has published an evaluation report on the corporation’s crypto asset risk strategy. A redacted version of the report has been released to the public.
19.10 / 12:39
regulation
Gemini
Digital Currency Group
New York Attorney General sues Gemini, Genesis, DGC for allegedly defrauding investors
New York’s attorney general has filed a lawsuit against cryptocurrency firms Gemini, Genesis and Digital Currency Group for allegedly defrauding investors through the Gemini Earn investment program.
19.10 / 12:39
Blockchain
regulation
Bitcoin
Coinbase selects Ireland as its European crypto hub
The United States-based cryptocurrency exchange Coinbase is strengthening its presence in Europe and has officially announced Ireland as its European crypto hub of choice.
19.10 / 12:39
Law
regulation
SEC
elon
strategies
Elon Musk, Mark Cuban team up to contest SEC trial strategies
Elon Musk, Mark Cuban and others have collaboratively submitted a shared amicus brief to the Supreme Court of the United States to raise concerns about the U.S. Securities and Exchange Commission’s (SEC) approach to conducting internal proceedings without the inclusion of juries.
19.10 / 12:09
Career
Entertainment
film
Actor
Oscar
stars
Rocky
Rocky star Burt Young, known for iconic role as Paulie Pennino, passes away at 83
Burt Young, the acclaimed actor famous for his portrayal of Paulie Pennino in the Rocky film series, has passed away at the age of 83. Young, who garnered an Oscar nomination for his role as Rocky's friend and future brother-in-law, left an indelible mark on the world of cinema.
19.10 / 12:09
President
hospital
travelers
SOLIDARITY
British PM Rishi Sunak says UK standing by Israel in its darkest hour
Rishi Sunak says Britain is standing by Israel in its «darkest hour» as it wages war on Hamas following the Palestinian militant group's October 7 attack. Sunak spoke alongside Israeli Prime Minister Benjamin Netanyahu on Thursday, a day after US President Joe Biden made a similar trip to Israel to express solidarity.
19.10 / 12:09
Action
President
Celebrity
beautiful
social
hospital
Israel Hamas War: I don’t want blood money, says Huda Beauty founder
Huda Kattan, the founder of the popular cosmetics brand Huda Beauty, has been facing criticism after making a statement on social media for supporting Palestine during the current Israel Hamas conflict. She is being boycotted for her comments saying «blood money» from Israeli customers. The incident followed a recent Hamas attack on Israel, which occurred on October 7th. «I don’t want blood money,» said Kattan in response.
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