Usa Financial News
12.09 / 19:35
COST
Fox
CEO
Metro
Child poverty in the US jumped and income declined in 2022 as coronavirus pandemic benefits ended
Child poverty in the United States more than doubled and median household income declined last year when coronavirus pandemic-era government benefits expired and inflation kept rising
12.09 / 19:35
12.09 / 19:35
Citi
Provident
Lowe's
BLOCK
Cooper
Waters
Continental
Dry states taking Mississippi River water isn't a new idea. But some mayors want to kill it
Diverting Mississippi River water to states struggling with water scarcity isn't a new idea
12.09 / 19:35
Target
CEO
Smurfit Kappa, WestRock combining to create a global packaging company with a value of almost $20B
Smurfit Kappa and WestRock are combining to create a global packaging company with a value of almost $20 billion
12.09 / 19:35
12.09 / 19:15
Platform
Gap
Infinity
Uniqlo
H&M
exclusive
Reliance to add 100 points-of-sale for Gap
Reliance Retail Ltd, said. Prasad, however, did not share the timeline of the stores expansion plan. In July 2022, Reliance had signed long-term partnership agreement with Gap Inc., to launch the American fashion brand in India.
12.09 / 19:15
Provident
Strategy
Biogen
Intas eyes Biogen’s biosimilars for $1 bn
MUMBAI : Intas Pharmaceuticals Ltd is preparing a bid for Biogen Inc.’s biosimilar business in a transaction that could be valued at as much as $1 billion, two people familiar with the talks said. Ahmedabad-based Intas is being advised by Goldman Sachs Group Inc., one of the people said, adding that the company has submitted a non-binding bid and is seeking to put a binding one later this month. “This is still at an early stage," the second person said on condition of anonymity.
12.09 / 19:15
UPS
Booking
Adventure
love
show
song
ad
How an Ad in the Local Paper Led Bernie Taupin to Elton John
Bernie Taupin, 73, is an Oscar-winning lyricist best known for his songwriting partnership with Elton John. He is the author of “Scattershot: Life, Music, Elton and Me" (Hachette), a memoir. He spoke with Marc Myers.
12.09 / 19:15
Provident
Platform
Mobile
Apple
show
star
audience
Indian
play
Apple TV+ debuts on Indian OTT aggregator Tata Play Binge
NEW DELHI : Direct-to-home (DTH) service provider Tata Play Ltd (earlier Tata Sky) on Tuesday added Apple TV+ on its over-the-top (OTT) aggregation service Tata Play Binge. This marks the American streaming video platform’s debut on any Indian aggregator, and its only second such tie-up worldwide.
12.09 / 19:15
UPS
Landmark
Action
stage
country
voice
As India rises, The G-20 Reveals a Shifting World Order
Global gabfests rarely produce significant results, and last weekend’s Group of 20 summit in New Delhi was no exception. The carefully drafted and painfully negotiated declaration will be forgotten as quickly as all its predecessors. The war in Ukraine will rumble on exactly as if the language on the war had not been tweaked to favor the Russian position.
12.09 / 18:49
SEC
spot bitcoin ETF
Traditional Finance Giant Franklin Templeton Files Spot Bitcoin ETF With the SEC
San Mateo-based Franklin Templeton, one of the world's largest global investment managers, has joined the spot Bitcoin exchange-traded fund (ETF) frenzy, filing an application with the US Securities and Exchange Commission (SEC) on Tuesday.
12.09 / 18:49
Ripple
XRP
ETF
SEC
Action
Bitcoin
committee
SEC's Gensler Remains Resolute in Push for Crypto Regulation Ahead of Senate Committee Appearance
Securities and Exchange Commission (SEC) Chair Gary Gensler aims to reiterate his stance that many cryptocurrencies should fall under the agency's regulatory purview when appearing before the Senate Banking Committee.
12.09 / 18:25
regulation
Fraud
crimes
Tech Analysis
Petition hopes to stop US government agencies from using Chainalysis’ forensics
A petition was created on Change.org on Sept. 12 to oppose the use of Chainalysis forensic services by federal agencies. The petition questioned Chainalysis’ accuracy and raised legal issues related to the activities of the blockchain data analysis firm.
12.09 / 17:59
Digital
Progressive
Manufacturing
Strategy
country
WTO
Time
WTO flags rising trade barriers, says time to re-globalize
NEW DELHI : The World Trade Organization (WTO) on Tuesday flagged growing fragmentation in international trade with an over-ninefold increase in the number of trade concerns raised in just the last six years. Trade concerns raised at WTO committees are seen as an early indicator of trade disputes.
12.09 / 17:59
UPS
Apple
country
social
Removal of additional duty on US walnut, apples opens a rift
NEW DELHI : The removal of additional duties on imports of American apples, walnuts and almonds will have no effect on growers in Jammu and Kashmir, the Centre said on Tuesday, a day after former chief minister Mehbooba Mufti expressed concern. The Centre said the basic duty of 50% will continue to protect domestic players. India recently lifted additional duties on several American products, including chickpeas, lentils and apples.
12.09 / 17:47
Provident
Lowe's
DXY
EUR
US CPI
week
EUR/USD Faces Key Test With US CPI and ECB Meeting This Week
The economic calendar is full of key data from the US this week, which should make for a volatile week for all the major pairs. But the fact we also have an interest rate decision from the ECB to look forward to means the EUR/USD will be among the more active pairs, making it the currency pair of the week to watch.
12.09 / 17:47
COST
UPS
Provident
Aware
Racing
Factbox-Why have US Republicans opened an impeachment inquiry into Joe Biden?
(Reuters) — U.S. House of Representatives Republicans will open an impeachment inquiry into Democratic President Joe Biden after months of investigations of his son Hunter Biden's foreign business dealings, Speaker Kevin McCarthy said on Tuesday.
12.09 / 17:47
12.09 / 17:30
BLOCK
Google
Mobile
Apple
Browser
show
exclusive
Google Antitrust Trial: Google pays $10 billion every year to maintain monopoly, says US
Alphabet Inc.'s Google spends around more than $10 billion a year to maintain its position as the default search engine on web browsers and mobile devices, said US Justice department during the antitrust trial, that began in Washington on Tuesday. “This case is about the future of the internet and whether Google’s search engine will ever face meaningful competition," Kenneth Dintzer, a government lawyer, said in his opening statement. “The evidence will show they demanded default exclusivity to block rivals." The government lawer accused Google of abusing its monopoly in general search.
12.09 / 17:09
Apple
country
NOT
Removal of additional duties on US apples, walnuts not to impact domestic producers: Govt
US apples, walnuts and almonds will not result in any negative impact on domestic producers. Commerce and Industry Minister Piyush Goyal said that the opposition parties particularly Congress is politicizing the subject without having a complete understanding of the subject. There is a regular duty of 50 per cent and Rs 50 per kg minimum import price on apples. «We have just removed the retaliatory duty...the move would not have any impact on domestic apple producers. There will be no impact on prices also.
12.09 / 17:05
BLOCK
AXY
BlackRock
Allianz
stake
Bain sells a 2.82% stake in L&T Fin
MUMBAI : L &T Finance Holdings Ltd shares ended the day 3% down at ₹126.80 after US-based investment firm Bain Capital sold a 2.82% stake or 70 million shares in the company for ₹910 crore through a block deal. The shares were sold at ₹130 apiece.
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