Usa Financial News

Reserve Bank of India (RBI) showed on Friday. Previously, forex reserves decreased by $867 million to $593.04 billion for the week ended on September 15. According to the Weekly Statistical Supplement released by the RBI, Foreign currency assets (FCAs) dropped by $2.55 billion to $523.40 billion. Expressed in dollar terms, the FCAs include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. Gold reserves increased by $307 million to $44.31 billion, while SDRs were down by $79 million to $18.01 billion. Reserve position in the IMF decreased by $11 million to $5.02 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of USD 645 billion.

Indian team suffered a 0-3 defeat against a formidable Malaysian side in the quarter-finals of Badminton World Junior Championships in Spokane, USA on Friday. In the mixed doubles category, Sathwik Reddy Kanapuram and Vaishnavi Khadkekar fought valiantly but lost the first match of the tie 12-21 16-21 against Bryan Jeremy Goonting and Chan Wen Tse. Ayush Shetty kept the team's hopes alive with a spectacular comeback in the boys' singles match.

Putin was on Friday shown meeting one of the most senior former commanders of the Wagner mercenary group, Andrei Troshev, and discussing how best to use «volunteer units» in the Ukraine war. Is Wagner back, who controls it and are its fighters returning to the Ukraine war?

Home loan borrowing costs climbed again this week, pushing the average long-term U.S. mortgage rate to its highest level in nearly 23 years, another blow to prospective homebuyers facing an increasingly less affordable housing market

Visiting South Sudan President Salva Kiir has agreed in a meeting with Russia’s president to expand their relationship in energy, trade and other areas, notably oil

The United States has imposed sanctions on a former Sudanese government minister and two companies tied to the paramilitary force that's locked in fighting with the Sudanese army

Slovakia holds an early parliamentary election on Saturday that pits populist former Prime Minister Robert Fico who campaigned on a clear pro-Russia and anti-American message against a liberal pro-West newcomer

The largest dam removal project in U.S. history is underway along the border between California and Oregon

California Gov. Gavin Newsom has signed a law raising the minimum wage for fast food workers to $20 per hour

By Laura Matthews

Bitcoin (BTC), the world's largest cryptocurrency, experienced some gains but remained below the $27,000 mark on Friday morning. 

AMSTERDAM (Reuters) -U.S. carrier JetBlue Airways (NASDAQ:JBLU) said on Friday it had filed a complaint against the Netherlands and the European Union to the U.S. Department of Transportation over the Dutch government's move to curb traffic at Amsterdam's Schipol Airport.

By Ananya Mariam Rajesh

The top royal for one of the world’s smallest nations heads a multibillion-dollar dynasty dating back almost 1,000 years that’s endured through wars, floods and scandals.

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In a court filing, Circle argued that assets that are pegged to the U.S. dollar, like the Binance USD (BUSD) or its own stablecoin USDC, are not securities, partly because those who purchase the assets are not expecting any profit from acquiring them. According to Circle, payment stablecoins do not have the "features of an investment contract" on their own.

A nonfungible token (NFT) artist raised nearly $140,000 (114,000 British pounds) from an art event in Edinburgh, Scotland to support cancer treatment.

A new bill in the United States aims to require cryptocurrency service providers to report all blockchain transactions to a government repository.

External Affairs Minister S Jaishankar and his American counterpart, Secretary of State Anthony Blinken, held a bilateral meeting during Jaishankar’s ongoing visit to the United States. In the runup to the meeting, all eyes were on how the US would deal with Canadian Prime Minister Justin Trudeau’s allegation that India was involved in the killing of Hardeep Singh Nijjar, a pro-Khalistan figure in Canada. Mint breaks down the developments.

A perfect storm may be brewing for the bond market as a combination of factors drives yields higher.

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