Usa Financial News

Women's Equality Day, marking the victory of the women's suffarage moment. On this day in 1920, the United States government certified the 19th Amendment to the US Constitution. Prior to this amendment, a glaring gender-based disparity persisted.

Taiwan's defence ministry said Saturday that China sent dozens of aircraft and vessels toward the island, just days after the United States approved $500-million arms sale to Taiwan. The defence ministry said in a statement that 32 aircraft from the People's Liberation Army and nine vessels from the navy were detected in the 24 hours between 6 am Friday and 6 am Saturday. Of these, 20 aircraft either crossed the median line of the Taiwan Strait or breached Taiwan's air defense identification zone. In response, Taiwan tasked its own aircraft, vessels and missile systems to respond to the activities, the defense military said. China sees self-ruled Taiwan as a renegade province to be taken by force if necessary.

Narendra Modi flew down today to Bengaluru directly from the Greek capital of Athens to interact with ISRO scientists on the successful Chandrayaan-3 mission. During his address, the Prime Minister announced the decision to name the place where lander 'Vikram' touched down on the lunar surface as "Shiva Shakti Point". He also named the place where the Chandrayaan-2 lander crash-landed on the Moon's surface in 2019 as "Tiranga Point".

Indian stock market bourses about the developments post-SEBI order, ace investor Shankar Sharma has come forward ahead of the board meeting scheduled on 27th August 2023 and talked about the investment wisdom while indulging in 4 AM investment. In a long tweet, Shankar Sharma said that he has already done and compiled capital market regulators data requirements, submitting all investment remittances to the company. Explaining pros and cons in 4 AM investing, market magnate said that problems are known and priced in, while the upsides aren't.

Joe Biden informed journalists that he had observed the mug shot image depicting the arrest of former President Donald Trump on felony charges related to his endeavour to overturn the results of the 2020 presidential election. As reported by Bloomberg, “Handsome guy, wonderful guy," Biden quipped to reporters after exiting an exercise class in Lake Tahoe.

Meta is being accused of endangering lives by blocking news links in Canada at a crucial moment, when thousands have fled their homes and are desperate for wildfire updates that once would have been shared widely on Facebook. The situation «is dangerous,» said Kelsey Worth, 35, of one nearly 20,000 residents of Yellowkife and thousands more in small towns ordered to evacuate the Northwest Territories as wildfires advanced. She described to AFP how «insanely difficult» it has been for herself and other evacuees to find verifiable information about the fires blazing across the near-Arctic territory and other parts of Canada. «Nobody's able to know what's true or not,» she said. «And when you're in an emergency situation, time is of the essence,» she said, explaining that many Canadians until now have relied on social media for news. Meta on August 1 started blocking the distribution of news links and articles on its Facebook and Instagram platforms in response to a recent law requiring digital giants to pay publishers for news content. The company has been in a virtual showdown with Ottawa over the bill passed in June but which only takes effect next year. Building on similar legislation introduced in Australia, the bill aims to support a struggling Canadian news sector that has seen a flight of advertising dollars and hundreds of publications closed in the last decade. It requires companies like Meta and Google to make fair commercial deals with Canadian outlets for the news and information — estimated in a report to parliament to be worth Can$330 million (US$250 million) per year — that is shared on their platforms, or face binding arbitration. But Meta has said the bill is flawed and insisted that news outlets share

Singapore is ready for a non-Chinese prime minister at any time, presidential candidate Tharman Shanmugaratnam has said ahead of the September 1 election, calling it a marker of the society's progress in the country dominated by Chinese-origin population. Race is a factor in politics everywhere, he said on Friday, citing former US president Barack Obama, who has spoken and written about it. However, Singaporeans today, unlike 40 or 50 years ago, look at all factors and not just race, said 66-year-old Tharman, a Singaporean of Indian origin. «They look at people in totality… Singapore is ready at any time.

Wall Street closed lower, despite a blowout profit report from Nvidia, as bond yields rose ahead of a highly anticipated speech from Federal Reserve Chair Jerome Powell

CNN Travel's report, US Space agency NASA has confirmed about “high-speed strategy" which will shrink the duration of New York-London flights to as little as 90 minutes. NASA is developing a supersonic aircraft, called X-59s, as part of its Quesst mission. Currently, passenger planes cruise at 600 mph but Nasa is exploring the possibility of designing a commercially viable and economical supersonic jet that would travel between Mach 2 and Mach 4 (1,535-3,045 mph).

Korean Air has announced its compliance with aviation regulations by introducing passenger and carry-on luggage weight checks during the boarding process for both domestic and international flights. The airline's plan involves applying a standardized weight measurement to passengers, inclusive of their carry-on bags. According to a Korea Times report, this initiative will first be rolled out for domestic passengers at Gimpo International Airport from August 28 to September 6, followed by international passengers at Incheon International Airport from September 8 to September 19. The data collected from these checks will remain anonymous and will primarily serve safety operations purposes, ensuring adherence to proper weight distribution within the aircraft. Passengers who choose not to participate in these weight measurements can easily communicate their decision to the airline staff during the boarding process. This move aligns with the guidelines set out in the Ministry of Land, Infrastructure and Transport's «Aircraft Weight and Balance Management Standards,» which necessitate airlines to periodically measure passenger standard weights to establish accurate weight and balance calculations for aircraft. While the weight standards were determined at 81 kg for adult males and 69 kg for adult females in a local 2017 survey, the US Federal Aviation Administration (FAA) prescribes slightly higher figures of 88.4 kg for adult males and 70.3 kg for adult females.

Global market update: Following US Fed Chairman Jerome Powell's balanced speech at Jackson Hole Symposium, US stock market ended green on Friday. Dow Jones gained 0.73 per cent, tech index Nasdaq surged 0.94 per cent whereas S&P 500 index finished 0.67 per cent higher.

Narendra Modi on Saturday congratulated the ISRO team for the successful landing of Chandrayaan-3 on the moon. He arrived at the ISRO Telemetry Tracking & Command Network Mission Control Complex today morning.

Equality Day 2023: The historic day marks the victory of women, who constitute half of the population, to get voting rights in the USA in 1920. On this day, the 19th Ammendment to the US Constitution was officially certified in 1920. The amendment provided women the right to vote.

Reuters on Friday. As per the report, this call for change joins a growing chorus of demands for transformation from various other investors. Earlier this year, activist shareholder Bluebell Capital Partners had also advocated for a breakup of the company.

Artificial intelligence (AI) is going to augment human ingenuity, not replace it, said Shantanu Narayen, chairman and chief executive of $17.61-billion Adobe Inc. The Hyderabad-born executive, who has been at the helm of the Nasdaq-listed company for the last 15 years, cautioned that a rush to regulate AI and «arbitrarily limiting advancements may be harmful».

Antonio Juliano, the founder of decentralized exchange dYdX thinks that crypto builders should forget about serving customers in the U.S. over the next five to 10 years, experiment in other markets and then return once the time is right.

Reserve Bank of India's foreign exchange reserves registered their sharpest weekly fall in six months last week, as the central bank likely increased market interventions to curb volatility in the rupee's exchange rate. The RBI's foreign exchange reserves were at $594.89 billion in the week ended August 18, down $7.27 billion.

Artificial intelligence (AI) is going to augment human ingenuity, not replace it, said Shantanu Narayen, chairman and chief executive of $17.61-billion Adobe Inc. The Hyderabad-born executive, who has been at the helm of the Nasdaq-listed company for the last 15 years, cautioned that a rush to regulate AI and «arbitrarily limiting advancements may be harmful». In a wide-ranging conversation with ET's Surabhi Agarwal & Bodhisatva Ganguli, he also talked about the role that Adobe India is playing in building the next-gen AI-led products and the monetisation opportunities for the company arising out of the AI boom. Narayen, 60, who is among the original crop of the ever-growing list of Indian-origin CEOs leading American multinationals (MNCs), also said that the future of India is «very bright» because of the right combination of demographics, talent and technology and what the government has done with the digital public goods is incredible.

Sam Bankman-Fried's attorneys have raised concerns regarding the measures taken by authorities for their client's upcoming criminal trial in October. In an August 25 submission to the United States District Court for the Southern District of New York, the legal representatives argued that the measures proposed by the prosecutors were not adequate for the FTX founder to fully prepare for his trial.

Federal safety regulators are warning airlines to make sure that workers stay away from jet engines that are still running

Lawyers for Sam Bankman-Fried say prosecutors have delivered another four million pages of documents on the FTX founder six weeks before trial