Usa Financial News
29.09 / 15:19
inflation
Reserve
inflation data
August PCE Inflation Data: Federal Reserve's Key Measure Dips, Easing Market Concerns
According to data released today by the U.S. Burea of Economic Analysis (BEA), the Federal Reserve's preferred metric for inflation, known as the core personal-consumption expenditures (PCE) price index, showed a decrease in August.
29.09 / 14:11
Discover
Immunic
Coronavirus
patient
infection
symptoms
Researchers discover pre-existing heart conditions can worsen due to body's inflammatory response to Covid
Covid infection can trigger a dangerous immune response in the hard fatty deposits, called plaques, lining the interiors of the heart's blood vessels, which can disrupt the normal blood flow, according to researchers. Exposing these plaques to the coronavirus boosted inflammation in blood vessels, thereby enabling the fatty deposits to interfere with the blood flow and worsen pre-existing heart conditions, the researchers at New York University (NYU) Langone Health, US, showed.
29.09 / 14:11
NASDAQ
DOW
COMPOSITE
US stocks
open
US stocks open higher as softer PCE data supports rate-pause hopes
The Dow Jones Industrial Average rose 216.27 points, or 0.64%, at the open to 33,882.61. The S&P 500 opened higher by 28.48 points, or 0.66%, at 4,328.18, while the Nasdaq Composite gained 136.43 points, or 1.03%, to 13,337.71 at the opening bell.
29.09 / 14:11
Citizens
Platform
Align
Southern
SpaceX
social
reports
elon
Why did Elon Musk visit Texas-Mexico Border and what did he say about the migrants?
Elon Musk, assuming the role of a citizen journalist, ventured to the Texas-Mexico border on Thursday, immersing himself in the hotly debated issue of migration. Musk's visit not only delved into the unfolding situation at the Southern border but also served as a platform to advocate for citizen journalism through his social media venture, X.
29.09 / 14:01
UPS
Fisker secures $150M from existing investor with potential for additional $550M
American electric vehicle startup, Fisker Inc. (NYSE:FSR), revealed Friday that the automaker has secured $150 million in funding from an existing investor through the issue of convertible bonds. They also announced an additional $550M in funding available.
29.09 / 14:01
Target
SEC
CEO
Action
US SEC charges Newell Brands and ex-CEO with misleading investors
WASHINGTON (Reuters) — The U.S. Securities and Exchange Commission on Friday charged Newell Brands and former Chief Executive Newell Brands Inc and former CEO Michael Polk with misleading investors about sales.
29.09 / 14:01
29.09 / 13:25
ETF
regulation
Europe
CoinShares
Bitcoin
NOT
CoinShares says US not lagging in crypto adoption and regulation
European cryptocurrency investment firm CoinShares is optimistic about cryptocurrency regulation in the United States as the firm enters the new market.
29.09 / 13:19
29.09 / 13:19
UPS
Progressive
Ford
Action
President
Strikes could idle more Detroit Three auto plants Friday
By David Shepardson and Joseph White
29.09 / 13:13
COST
UPS
Citi
country
reports
Discounts
Pakistan seeks discounts in oil imports from Russia; urges to cap rate at USD 60 per barrel: Report
Pakistan is seeking discounts in oil imports from Russia and has urged Moscow to strike a long-term oil deal while remaining within the price cap at USD 60 per barrel, a media report said on Friday. Pakistan, which is currently grappling with high external debt and a weak local currency, is hoping that snapping crude at discounted rates from Russia will stabilise oil prices in the country, The Express Tribune newspaper reported. «Pakistan wanted Russia to set a benchmark of USD 60 dollars per barrel 'free on board' (FOB) — the actual price charged at the port — to import crude oil on a long-term basis.
29.09 / 13:11
business
Government
Law
regulation
us government
Court
FTX’s $3.4B crypto liquidation: What it means for crypto markets
The FTX bankruptcy lawsuit reached a key juncture in the second week of September after the United States Bankruptcy Court for the District of Delaware approved the sale of $3.4 billion worth of crypto assets.
29.09 / 12:58
reports
Long-serving US Democratic Senator Dianne Feinstein dead at 90-Punchbowl
WASHINGTON (Reuters) — Dianne Feinstein, a long-serving Democratic U.S. senator from California and gun control advocate who spearheaded the first federal assault weapons ban and documented the CIA's torture of foreign terrorism suspects, has died at 90, the Punchbowl news outlet reported on Friday.
29.09 / 12:58
29.09 / 12:57
COST
UPS
Platform
Reddit
awards
social
Reddit plans to monetize popular posts; gold awards to be priced between $1.99 and $49
Reddit has announced its plan to compensate its top contributors with actual cash for their popular posts. This initiative, set to begin in the United States, will enable Reddit users who receive the coveted «gold» awards from fellow users (who pay a fee for these awards) to share in the platform's revenue. These gold awards will vary in price, ranging from $1.99 to $49, with users potentially receiving up to half of the award cost.
29.09 / 12:57
UPS
Provident
Racing
Strategy
Bill
President
Will the US government avert a shutdown with a last-minute deal? Uncertainty looms as deadline nears
government shutdown, with the clock ticking down to a midnight deadline on Saturday for Congress to pass a new budget. The potential impasse has raised concerns about thousands of federal employees facing unpaid leave. Here's a closer look at the evolving situation and the efforts to strike a last-minute deal.
29.09 / 12:57
Target
Reuters
show
track
information
reports
Department
US consumer spending rises in August; underlying inflation slows
US consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices excluding food and energy slowing to below 4.0%. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, gained 0.4% last month, the Commerce Department reported on Friday. Data for July was revised higher to show spending increasing 0.9% instead of the previously reported 0.8%.
29.09 / 12:33
Albemarle
country
Department
Albemarle settles US probe over bribery scheme for more than $218 million, US says
WASHINGTON (Reuters) — Albemarle (NYSE:ALB) Corp will pay more than $218 million, including more than $103 million to financial regulators, to settle a U.S. probe into its scheme to bribe government officials in multiple foreign countries, the Department of Justice said on Friday.
29.09 / 12:33
29.09 / 12:33
29.09 / 12:15
UPS
Waves
Costco
exclusive
reports
Costco offers one-ounce gold bars amid surging demand and it is sold out
Costco, the retail giant known for its great deals on oversized products, has recently made waves by offering one-ounce bars of gold in both Canada and the United States. These petite but precious items have garnered significant attention and are reportedly flying off the virtual shelves.
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