Usa Financial News
15.09 / 01:13
US elections
2024
US elections 2024: Vivek Ramaswamy says, ‘Will disband FBI, other major agencies, cut down 75% of federal workforce if…’
In a controversial note, Vivek Ramaswamy, Indian-American entrepreneur and Republican presidential candidate, has recently noted that he would fire over 75% of the federal work force if he is elected the US President. He further asserted that he will make a move to disband some major agencies like Department of Education, the FBI, the Food and Nutrition Service, the Nuclear Regulatory Commission and the Bureau of Alcohol, Tobacco, Firearms and Explosives, if he comes to power, as per New York Times.
15.09 / 01:07
UPS
Lowe's
show
Applications for US jobless benefits tick up slightly
The number of Americans applying for unemployment benefits last week ticked up modestly after falling to the lowest level in seven months the week before
15.09 / 01:07
COST
UPS
Digital
CEO
show
country
Costs
NOT
People come to India for its talent, not to cut costs: Capgemini global CEO Aiman Ezzat
Capgemini and a solid base for it to service clients globally, Capgemini global CEO Aiman Ezzat told ET. The company has more than half of its 360,000 employee base in India. In an interview with Romita Majumdar, the chief of the $23-billion IT company, during his ongoing India visit, said that he is hopeful of the demand situation improving over the next two-to-four quarters but is waiting for an inflection point. Ezzat added that generative AI's impact on productivity gains will be much higher than pricing gains in the long run. Edited excerpts:How do you see technology spending in the current macroeconomic situation? It is pretty mixed at present. There is softness in some places but not everything is doomed. The reality is that our pipelines are huge and that shows the appetite for technology and transformation.
15.09 / 01:07
UPS
Apple
electronic
Apple bets on trade-in program, repriced 14 series to drive iPhone sales in India
Apple is betting on its trade-in program to drive sales of the newly launched iPhone 15 series and the older-gen iPhone 14 and 14 Plus, which the company has now repriced. The company will popularise its trade-in or phone exchange program in India by making it a part of brand campaigns and highlighting prominently on its India website. The program was introduced along with the Apple online store launch in September 2020 in India. The program is also available through Apple’s retail stores in Delhi and Mumbai and its authorised partners. Currently, Apple is offering up to Rs 67,800 in trade-in value for the iPhone 14 Pro Max and up to Rs 64,500 for the iPhone 14 Pro in India.
14.09 / 23:30
Metro
Walmart
Costco
Loblaw
Food Prices
Ottawa summons major grocery CEOs to talk lowering food prices — or else
The federal government is summoning the heads of Canada’s major grocery chains to Ottawa this fall to begin discussions on a plan to lower food costs for Canadians, as inflation continues to impact grocery bills.
14.09 / 22:07
Crypto regulations
Binance news
Binance US
regulatory
Binance US Loses Key Executives as Regulatory Issues Intensify – Here's the Latest
Binance US, the American subsidiary of the well-known cryptocurrency exchange, is experiencing a series of high-profile departures.
14.09 / 22:03
Binance
regulation
SEC
Two more top executives depart Binance.US amid layoffs, SEC action: Report
Two more top executives are leaving Binance.US, one day after the departure of CEO Brian Shroder and the layoff of a third of its staff, The Wall Street Journal reported. Binance.US is the United States offshoot of the international cryptocurrency exchange. Head of legal Krishna Juvvadi and chief risk officer Sidney Majalya were said to be leaving.
14.09 / 21:57
COST
UPS
Career
Action
star
Collision that divided AFL raises the cost of concussion crisis
Former high-flying Melbourne football star Shaun Smith is determined to make the AFL pay, warning this week’s decision to clear Collingwood defender Brayden Maynard after a sickening collision with a rival player shows officials are still not taking concussion seriously enough.
14.09 / 21:53
14.09 / 20:51
Analysis
Bitcoin
Bitcoin Price
analyst
Bitcoin’s cycles are changing — Bloomberg analyst Jamie Coutts explains how and why
In the latest episode of Cointelegraph’s Market Talks, host Ray Salmond speaks with Jamie Coutts, a chartered market technician and crypto market analyst at Bloomberg Intelligence.
14.09 / 19:31
Law
regulation
crimes
Celsius
Former Celsius exec pleads guilty to criminal charges
Roni Cohen-Pavon, the former chief revenue officer of cryptocurrency lending firm Celsius, has reportedly pleaded guilty to charges related to fraud and price manipulation.
14.09 / 19:11
Binance
Digital
Strategy
Binance.US legal and risk executives are leaving: report
Binance are leaving at a time when the crypto giant is grappling with regulatory pressures, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Krishna Juvvadi, head of legal, and Sidney Majalya, chief risk officer, are leaving Binance.US, the report said.
14.09 / 19:07
business
lending
Digital Currency Group
Bankruptcy
services
Genesis announces winding down of crypto trading services
Crypto lending firm Genesis, a subsidiary of Digital Currency Group (DCG), will stop offering spot and derivatives trading for crypto assets through its British Virgin Islands unit.
14.09 / 18:31
COST
UPS
Citi
CEO
Parke
blues
Meet the Homeowners Spending Tens of Thousands to Let Their Lawns Go Wild
Within Denver’s Washington Park neighborhood, an enclave south of downtown where the median house listing price is just over $2 million, quintessential manicured American lawns roll out in front of historic brick bungalows, restored Victorians and contemporary new builds. Then there is Lisa Negri’s yard, which sits adjacent to her three-bedroom, two-bathroom bungalow where she’s lived since 2012. “It looks like nature," says Negri, 66, a retired engineer.
14.09 / 18:31
COST
Provident
BLOCK
Manufacturing
Gap
social
The Census Exposes Bidenomics
You almost have to admire the brass of the Biden White House. The Census Bureau reported Tuesday that Americans are poorer under Bidenomics, and the President quickly changed the subject to blame Republicans for rising child poverty on his watch. As usual, too many in the press corps bought the spin.
14.09 / 18:27
CBDC
regulation
Congress
Financial Services
services
Financial
House Financial Services Comm. witnesses air multiple anti-CBDC arguments
A chorus of disapproval rang out from the halls of the United States Congress on Sept. 14 as the House of Representatives Financial Services Committee digital assets subcommittee held a hearing on the “digital dollar dilemma.” Five expert witnesses were scheduled to testify at the hearing, and all of them argued against creating a U.S. central bank digital currency (CBDC), otherwise known as a digital dollar.
14.09 / 18:15
Citi
FIVE
Ball
awards
PEP
show
FIFA Best Awards: Fired Spain coach Jorge Vilda ignored, Jenni Hermoso nominated
Spain's Women's World Cup winning coach Jorge Vilda was left off the short-list of nominees for the annual FIFA awards announced Thursday, a week after he was fired following a global uproar in the wake of the final. Vilda was not among five candidates for the Best Women's Coach Award for 2023, which did include England coach Sarina Wiegman, whose team lost the final to Spain. The candidates were picked by a FIFA-appointed expert panel that included United States great Mia Hamm. Spain forward Jenni Hermoso, who was kissed by now-disgraced and ousted Spanish football federation president Luis Rubiales after the final, is one of four Spain players who are among the 16 candidates for the women's player of the year award.
14.09 / 18:09
business
regulation
Enterprise
Taxes
acquires
Bitwave acquires crypto accounting platform Gilded
Crypto winter keeps sparking consolidation among crypto firms. The latest deal in the industry is the acquisition of payments and accounting platform Gilded by one of its competitors, Bitwave.
14.09 / 18:02
COST
UPS
Lowe's
CME
week
The average long-term US mortgage rate edged up to 7.18% this week, where it stood two weeks ago
The average long-term U.S. mortgage rate edged up this week, pushing up borrowing costs for prospective homebuyers already facing a housing market limited by a dearth of homes for sale and rising prices
14.09 / 18:02
COST
Twitter
Digital
Platform
track
social
controversy
elon
Israel's Netanyahu is to meet Elon Musk. Their sit-down comes as X faces antisemitism controversy
Israeli Prime Minister Benjamin Netanyahu's office says he will meet billionaire businessman Elon Musk during a trip to the United States next week
14.09 / 18:02
UPS
Provident
BLOCK
Waters
Fox
Action
Power
Biden administration restores the power of states and tribes to review projects to protect waterways
States and Native American tribes will have greater authority to block energy projects such as natural gas pipelines that could pollute rivers and streams under a final rule issued Thursday by the Biden administration
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