Usa Financial News

Global market update: US stock market edged higher on Friday on resilience in the national economy even though investors await the key US inflation data expected next week. Dow Jones index added 0.22 per cent whereas tech heavy weight Nasdaq added 0.09 per cent. S&P 500 index gained 0.14 per cent.

OpenAI, Andrew Hopkins of Exscientia, Nancy Xu of Moonhub, Kate Kallot of Amini, Pelonomi Moiloa of Lelapa AI, Jack Clark of Anthropic, Raquel Urtasan of Waabi, Aidan Gomez of Cohere and more are among in the list. Moreover, the list also features 41 women and nonbinary individuals, which includes CEO & co-founder of Humane Intelligence Rumman Chowdhury; cognitive scientist Abeba Birhane; COO of Google DeepMind Lila Ibrahim; General Manager of the Data Center and AI Group at Intel Sandra Rivera; chief AI ethics scientist at Hugging Face Margaret Mitchell; Stanford professor Fei-Fei Li; artist Linda Dounia Rebeiz; artist Kelly McKernan; Margrethe Vestager, Executive Vice President, European Commission; Anna Eshoo, Representative, US Congress; Sneha Revanur, Founder and President, Encode Justice; Verity Harding, Director of the AI & Geopolitics Project, Cambridge University; Sarah Chander, Senior Policy Advisor, European Digital Rights; Nina Jankowicz, Vice President, Centre for Information Resilience; Elham Tabassi, Associate Director of Emerging Technologies, NIST among others.

Ahead of the G20 Summit, India turned down the White House's request to give more access to media persons who travelled with US President Joe Biden to India. Reporters were denied access to ask questions to Joe Biden and PM Narendra Modi, when both of them met in Delhi, two US officials familiar told CNN.

Joe Biden. Trump also may seek to move his trial from state to federal court, his lawyer said in a court filing on Thursday. Meadows filed a notice of appeal later on Friday.

₹1.5 lakh crore) each, will be a long-term investment for Australia. These subs are not expected to be operational until past the midpoint of the century. Meanwhile, ‘Ghost Sharks’, which are expected to cost just above AUD$23 million (around ₹123 crore) each, are planned for delivery by mid-2025.

Elon Musk,on Friday, legally challenged recent social media laws implemented in California. The new laws require social media companies to reveal their policies for policing disinformation, harassment, hate speech and extremism. X Corporation's Elon sued California government over the law that aims to bring transparency and extremism.

Morocco earthquake news: A powerful earthquake that struck Morocco late Friday night killed at least 296 people, the country’s Interior Ministry said as reported by Associated Press. Citizens posted videos showing buildings reduced to rubble and dust and parts of the famous red walls that surround the old city in historic Marrakech, a UNESCO World Heritage site, damaged. Apart from them, tourists in the city also posted videos of people screaming and evacuating restaurants.

Gold rate today: On account of US dollar climbing to six month peak, gold prices pared much of its previous week gains. The precious yellow metal price ended ₹91 per 10 gm lower at ₹58,907 levels on Friday whereas spot gold price finished around $1,918 per ounce levels. Likewise, silver price on MCX finished at ₹71,538 per kg levels whereas silver price in international market ended at $22.91 per ounce levels.

G20 Summit 2023 LIVE Updates: As Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina held a bilateral talk in New Delhi on Friday, the two countries also signed three memorandum of understanding (MoUs), including one on cooperation in Digital Payment mechanisms.Meanwhile, US President Joe Biden arrived in the national capital Delhi on Friday to participate in the G20 Summit to be chaired by Prime Minister Narendra Modi. US President Biden, along with Janet Yellen, went for a closed-door meeting with PM Modi on Friday, after the former arrived in India.The Quad, comprising India, US, Japan and Australia, has been focusing on practical cooperation to ensure a free and open Indo-Pacific in the backdrop of China's increasing military muscle-flexing in the region.The 18th G20 Summit is being held at the state-of-the-art Bharat Mandapam Convention Centre in New Delhi on September 9 and 10.A Leaders Declaration will be adopted at the conclusion of the New Delhi Summit.Check all the latest updates on the G20 Summit 2023 at Mint's LIVE blog:German Chancellor Olaf Scholz arrived in New Delhi today to attend the two-day-long G20 Summit which is being held under India's Presidency.He was received by Union Minister of State for MSME, Bhanu Pratap Singh Verma at the airport.A group of dancers also presented a traditional dance to welcome the German chancellor.In May this year Prime Minister Narendra Modi had met the German Chancellor Olaf Scholz and reviewed the progress in bilateral relations and exchanged views on regional developments and global challenges.The two leaders met on the sidelines of the 49th summit of the Group of Seven (G7) in the Japanese city of Hiroshima in May recently.

By Shalini Lambah

Silver experienced some volatility at higher price levels after experiencing significant gains in the first four months of 2023. However, after every major dip, the domestic silver price has been seeing a range shift on the higher side, according to a report by Motilal Oswal Financial Services (MOFSL).

Iranian oil earlier this year, Al Jazeera reported. Notably, this strong move by the US resulted in severe tensions in the Gulf. «This is the first-ever criminal resolution involving a company that violated sanctions by facilitating the illicit sale and transport of Iranian oil and comes in concert with a successful seizure of over 980,000 barrels of contraband crude oil,» said the Justice Department in a statement, according to Al Jazeera. The department hailed the move for «successfully disrupting a multimillion-dollar shipment of crude oil,» by the Islamic Revolutionary Guard Corps (IRGC). The Islamic Revolutionary Guard Corps is designated as a «foreign terrorist organization» in the US. Following its seizure of the Iranian oil, Washington charged Tehran with arresting a number of foreign ships transiting the Gulf. Tehran was outraged when the Pentagon revealed in August that it was deploying tens of thousands more US soldiers to the area to «support deterrence efforts» and guard maritime lines, notably the Strait of Hormuz., according to Al Jazeera.Iran has argued that capturing Iranian property in international waters is equivalent to piracy, whereas the US regards stopping Iranian oil ships as law enforcement. «Acts of trespassing on tankers carrying Iranian oil are a clear example of piracy,» Iranian Ministry of Foreign Affairs spokesman Nasser Kanasaid last month, as per Al Jazeera. In August, the US Secretary of State Antony Blinken said that Washington would welcome any steps from Tehran for de-escalating the «growing nuclear threats». He, however, also clarified that the process of bringing back US citizens detained in Iran is a «completely different» matter.

China as a money spinner. They gushed about its hundreds of millions of consumers, called it «one of the biggest opportunities» and made predictions that this would be «China's century.» Now, those executives have come away from recent visits to the country with a more sober view. Western companies doing business in China are facing pressures that were unimaginable several years ago.

Nvidia and Reliance Industries, India’s largest company by market cap, will together build a foundational large language model (LLM) — an artificial intelligence algorithm —that will be trained on an array of diverse Indic languages used by the country’s 1.4 billion people, chief executive Jensen Huang announced on Friday. The $27.5-billion company, which is the world’s best-known maker of hardware and software for AI tools, also said it will partner with the salt-to-software conglomerate Tata Group to advance AI infrastructure in India.

By Clark Mindock

By David Randall

Stocks drifted to a slightly higher finish on Wall Street Friday but still closed out their first losing week in the last three

The Kroger Co. has agreed to pay up to $1.4 billion to settle lawsuits over the toll of opioids

The United Nations has doubled down on its pledge to revive stalled negotiations over the disputed Western Sahara in a visit to the region this week in which its top negotiator met with officials on all sides

By David Shepardson

World Tour birthday show, actor Sarah Francis Jones unexpectedly went into labor. The concert, held at SoFi Stadium in Inglewood, California, was a major event, featuring surprise appearances, including Diana Ross. Sarah Francis Jones and her partner, Marcel Spears, shared a video on Instagram. It showed Jones, heavily pregnant, enjoying the concert and later giving birth to her baby. They jokingly mentioned that Beyoncé induced the labor. In another video caption, Jones revealed that they initially thought it was false labor but ended up having their baby during Beyoncé's birthday show on Labor Day. The September 4th concert marked the conclusion of Beyoncé's three-date residency at SoFi Stadium as part of her North American tour. The tour's success was evident, with earnings of $141.4 million from the first 12 U.S. and Canada shows, selling 553,000 tickets. This tour surpassed her previous highest-grossing tours, including The Formation World Tour and On the Run II Tour. Besides the music, the tour also gave rise to a «Everybody On Mute Challenge,» where fans attempted to stay silent during a specific song moment. Sarah Francis Jones, known for her role in the 2007 film adaptation of «Hairspray,» has appeared in various other projects, including «Honey,» «Jump In!,» «Camp Rock,» «Percy Jackson & the Olympians: The Lightning Thief,» «Descendants 3,» «Julie and the Phantoms,» and the Emmy-nominated HBO show «The Last of Us» in 2023.