Usa Financial News

A former contractor for the Internal Revenue Service has been charged with leaking tax information to news outlets about thousands of the country’s wealthiest people

The threat of a federal government shutdown ended late Saturday night after Congress approved a temporary funding bill to keep federal agencies open until Nov. 17

Millions of Americans must start repaying their federal student loans again in October, with monthly payments averaging hundreds of dollars

Pickleball tournament in Mumbai saw the highest number of participants at 470 and a record number of over 15 sponsors, including Skechers, Decathlon, Selkirk, Franklin, and Pickleball United. Pickleball, often described as a combination of tennis, ping-pong and badminton, has grown nearly 40% in the last three years — making it America's fastest-growing sport. A relatively new and emerging sport in India, it is gaining popularity across age brackets and among CEOs.

Apple has acknowledged overheating issues in its recently launched iPhone 15 models, after several users complained that the Pro models were becoming uncomfortably hot during use. The company said it is working to resolve the issue. The Cupertino, US-based company pinned the fault on a bug in iOS 17 — the latest version of the software that powers iPhones, third-party apps, and increased background activity during the first few days of usage. «We have identified a few conditions which can cause an iPhone to run warmer than expected.

Guidonia Montecelio, Italy | Rory McIlroy was still running hot after his parking lot outburst at the Ryder Cup on Saturday night as he made his way to Marco Simone the following morning to help Europe regain the golden trophy.

finance and corporate affairs are at an advanced stage of firming up a much-awaited framework for direct listing of Indian companies abroad, which could be introduced later this financial year, said people with knowledge of the matter. The move would set the stage for unicorns and other entities to have easier access to a larger pool of foreign capital, they said, adding that it could also encourage a greater number of startups, with Indians at the helm, to incorporate within the country instead of jurisdictions like Singapore. Initially, the framework will be used to allow direct listing at the International Financial Services Centre (IFSC) at Gujarat's GIFT City. Subsequently, it will govern listings in other jurisdictions as and when the government decides to allow that, the people told ET. «The capital markets division of the Department of Economic Affairs (DEA) and the Ministry of Corporate Affairs (MCA) are firming up rules that will act as an enabler of the direct listing process.

Canada has banned only Babbar Khalsa International and the International Sikh Youth Federation, though India has several times urged it to ban five other pro-Khalistan groups that operate on foreign soil though proscribed under the Unlawful Activities Prevention Act. Canada's counter terrorism division included BKI and ISYF in the designated terror outfits' list in 2003 and upheld the decision in 2018 even after a review. India has been urging Canada to ban Sikhs For Justice (SFJ), Khalistan Commando Force (KCF), Khalistan Zindabad Force (KZF), Khalistan Tiger Force (KTF) and Khalistan Liberation Force.

migration market was largely geared towards the US EB-5. Now, residence-by-investment migration programmes in the UAE, Singapore, Greece and other European countries are gaining traction to enhance wealth and global mobility. The recently introduced Indian ODI (outward direct investment) regulations — which permit direct investments in international entities, subject to certain conditions — have acted as a catalyst for many wealthy Indian families to explore international investment opportunities, says Sunita Singh-Dalal, partner, private wealth & family offices at Hourani & Partners in the UAE.

Taylor Swift is set to grace the NFL scene once again amid rumors about her relationship with Chiefs' star tight end Travis Kelce. Following her appearance at the Chiefs' Week 3 game in Kansas City's Arrowhead Stadium, Swift is expected to attend the upcoming showdown between the Chiefs and the New York Jets at MetLife Stadium on Sunday night, according to a report by Front Office Sports. The Sunday Night Football game is therefore, generating buzz, especially after the Chiefs' recent game against the Chicago Bears claimed the top spot for the week.

Sikh leaders at a Glasgow gurdwara. This incident comes on the heels of a slow ramping up of activities targeting Indian missions and officials abroad, particularly in Canada, Britain and the US.

WASHINGTON (Reuters) — U.S. Speaker of the House Kevin McCarthy on Sunday said he would not be ousted after a U.S. representative vowed to force a vote removing him from the speakership, CBS news reported.

September has a track record of being a bit of a downer in the stock market historically, and the numbers back it up. When we look at the average daily returns of the S&P 500, it's clear that the latter half of September tends to bring some seasonal weakness.

(Reuters) — The International Longshore and Warehouse Union (ILWU) representing U.S. dockworkers has filed for a chapter 11 bankruptcy protection to resolve a pending litigation with the Oregon affiliate of the International Container Terminal Services Inc (ICTSI).

WASHINGTON (Reuters) — Republican U.S. House of Representatives Speaker Kevin McCarthy faces an attempt by members of his own party to oust him because he passed a stopgap funding measure with Democratic support to avoid a government shutdown.

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Teradyne, XPO Logistics, Tractor Supply, and Brinker International, and a downgrade for Nike.

employee union of General Motors India has called for a chain hunger strike from Monday, demanding transfer of all its workers to Hyundai Motor, which plans to acquire its manufacturing facility in Talegaon. The American automobile giant stopped selling its cars in India from 2017. General Motors Employees Union in a statement on Sunday also accused the Eknath Shinde-led Shiv Sena-BJP government of not taking the unemployment issue of «thousands» of workers of the auto firm seriously.

General Motors India have threatened to go on an indefinite hunger strike from October 2 to protest their alleged non-absorption by Hyundai Motor India, the proposed new owner of the car manufacturing plant near Pune. The workers under the banner of the General Motors Employee Union (GMEU) are demanding that they be absorbed by the factory’s new owner. The hunger strike may further delay finalising a commercial agreement between Hyundai, which has its growth plans for the Indian market hinged on the Talegaon facility and the US automaker. The local arm of the Korean automaker signed a term sheet with GM for a potential buyout of the Talegaon plant near Pune on March 13. A final deal is subject to meeting certain conditions including obtaining regulatory approvals from relevant government authorities and all stakeholders. A spokesperson for Hyundai Motor India said the company doesn’t have any fresh update on the deal with GM, adding that the commercial agreement is still to be signed.

US aid for Ukraine hangs in the balance after a last-gasp deal to avoid a government shutdown, despite President Joe Biden's attempts to reassure Kyiv it will get what it needs to fight Russia. Barely a week after President Volodymyr Zelensky was in Washington appealing for more funds, the compromise struck in Congress late Sunday dropped new funding for Ukraine amid opposition from hardline Republicans. Biden and his Democratic party say America has a duty to help Ukraine stand up to Russian President Vladimir Putin's brutal invasion, warning that a failure to do so could embolden other autocrats in the future. But the issue has become so politicized in Washington that the fate of vital military aid is now in jeopardy, just as Kyiv tries to make progress in its sluggish counteroffensive before winter sets in. Biden urged Republican House Speaker Kevin McCarthy on Sunday to «stop the games» and said he «fully expects» him to secure passage of a separate bill for Ukraine funding soon. «I want to assure our American allies, the American people and the people in Ukraine that you can count on our support.

United States touched record levels in September as it crossed the massive $33 trillion mark. In the past few years, there has been a significant surge in debt levels, particularly following a substantial 50% rise in federal expenditures between 2019 and 2021, as substantiated by information provided by the US Department of the Treasury. Exciting news! Mint is now on WhatsApp Channels.

NEW DELHI : The credibility of the Canadian government’s allegations made regarding India’s involvement in the killing of a pro-Khalistan leader remains poor, said US India Strategic Partnership Forum (USISPF) CEO Mukesh Aghi. Aghi, who was at the UN General Assembly session, said the noise around Canada’s allegations had largely died down. In an interview, he stated that the US has chosen to remain largely silent on the allegations given its sizeable political and economic interests in India.