Usa Financial News

Casino and hotel giant MGM Resorts International says a cybersecurity issue led to the shutdown of computer systems at its properties across the U.S. A statement Monday from the Las Vegas-based company said the incident began Sunday and the extent of i...

Hostess, the maker of snack classics like Twinkies and HoHos, is being sold to J

The deadly firestorm in Hawaii and Hurricane Idalia’s watery storm surge helped push the United States to an annual record for the number of weather disasters that cost at least $1 billion

As the U.S. races to build offshore wind power projects that will transform coastlines from Maine to South Carolina, much remains unknown about how the facilities could affect the environment

India and Saudi Arabia have agreed to expand trade and security ties, two days after their leaders and others attending a Group of 20 summit announced a new railways and port corridor deal that will link India, Middle East and Europe

The Labor Department releases its August snapshot of U.S. consumer prices Wednesday

JetBlue Airways is making another move to try to save its proposed purchase of Spirit Airlines

The U.S. government is taking aim at what has been an indomitable empire: Google’s ubiquitous search engine

U.S. regulators have approved updated COVID-19 vaccines from Pfizer and Moderna, shots aimed at revving up protection this fall and winter

U.S. stocks closed higher, recovering roughly half of Wall Street’s losses from last week

By Andrew Goudsward

(Reuters) — United Parcel Service (NYSE:UPS) said on Monday its new five-year contract covering some 340,000 Teamsters-represented workers in the United States would increase cost at a 3.3% compound annual growth rate in wage and benefits over the life of the agreement.

(Reuters) — The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt (GW) installed by 2030 to help decarbonize the power sector and revitalize domestic manufacturing. The federal government has already approved several large-scale projects so far, with the first two — Vineyard Wind 1 and South Fork — expected to deliver first power by the end of this year, and about a few dozen projects are in different stages of development. Some 27 power offtake contracts totaling more than 17 GW had been signed by the end of May, according to a U.S. Department of Energy report published on Aug. 24. However, inflation, supply bottlenecks and higher financing costs have eroded profitability of many projects, forcing some to cancel the offtake agreements, while others are still seeking to renegotiate the terms, the report said.

WASHINGTON (Reuters) — The U.S. Securities and Exchange Commission on Monday ordered nine investment advisory firms to pay a combined $850,000 in civil penalties for advertising hypothetical performance without implementing new policies required by regulators.

Last week, two United States senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation. The framework put forward by Senators Richard Blumenthal and Josh Hawley advocates for mandatory licensing for AI firms and makes it clear that technology liability protections will not shield these companies from legal action.

Queen Latifah sang the national anthem ahead of the Sunday Night Football’s New York Giants vs Dallas Cowboys game on Sunday night at New Jersey’s MetLife Stadium. She rendered the national anthem through a moving jazz and musical theater-informed arrangement of «The Star-Spangled Banner». She delivered a pitch-perfect performance eliciting cheers from the packed stadium by the final note. The New Jersey native is a superstar in the hip-hop genre of music and she has produced the Grammy-winning 'U.N.I.T.Y.'. Her song 'All Hail the Queen ' was selected for preservation in the United States National Recording Registry by the Library of Congress earlier this year. She has also tried jazz, film and television. Her 2004 album 'The Dana Owens' reached number 16 on the Billboard 200 and earned a Grammy nomination for best jazz vocal album. It was followed by a second jazz album Trav'lin' Light in 2008. It also earned a Grammy nomination for Best Traditional Pop Vocal Album. Queen Latifah was nominated for an Academy Award for her performance in 2002’s 'Chicago'. She won an Emmy in 2016 for the acclaimed 'Bessie' television movie. She currently stars in the television show 'The Equalizer' on CBS.

Blockchain could be used to authenticate the real from what is generated by artificial intelligence (AI), Congressman Tom Emmer suggested Sept. 11 at the Permissionless II conference. That would combine nicely with other progress being seen in United States cryptocurrency policy, he said.

US Federal Reserve is done with raising interest rates and will likely to cut them by roughly one percentage point next year, reported the Bloomberg. The latest forecast from the Economic Advisory Committee of the American Bankers Association shows that the US will probably avoid the recession though the economic growth slowdown in coming quarters pushing up unemployment while reducing inflation.

Wilderness" is set to debut on Amazon Prime Video at the end of the week. This show, starring Jenna Coleman and Oliver Jackson-Cohen, takes a closer look at a seemingly perfect marriage. Adapted from B.E. Jones' book of the same name, it's a story you won't want to miss.

Cryptocurrency asset outflows for the week of Sep. 3 through 9 totalled $59.3 million, bringing the current run to $249 million over four consecutive weeks. 

Bitcoin stands at the edge of a bearish breakdown, with a small possibility that the $25,000 support level could hold.