Usa Financial News

More than 40 banks have piled into data centre operator AirTrunk’s $4.6 billion novel debt deal linked to its carbon, energy and water usage, snapping a lacklustre year for Australian borrowers in sustainable financing markets.

Two more developers who worked on Tornado Cash, an Ethereum network-based privacy protocol designed to obfuscate the link between sending and receiving addresses, are being charged by the US Depart of Justice.

With cryptocurrency prices experiencing a downturn and the S&P Global US manufacturing PMI slipping to 47 in August from 49 in July, a surprising supporter for Bitcoin has come forward—U.S. presidential candidate Robert F. Kennedy Jr.

A boutique fund manager with a line of single-Treasury-bill ETFs is trying to follow in Vanguard’s footsteps — but in reverse — hoping to add a mutual fund share class to the products.

The cryptocurrency market has experienced a notable downturn recently, with the total market capitalization falling by 10% between Aug. 14 and Aug. 23, reaching its lowest point in over two months at $1.04 trillion. This movement has triggered significant liquidations on futures contracts, the most since the FTX collapse in November 2022. 

Amazon Prime Video has released its official teaser of thriller series ‘Wilderness’. It has used Taylor Swift’s re-recorded version of ‘Reputation’ track ‘Look What You Made Me Do’.

The major crypto exchange Binance has launched its crypto payments processor Binance Pay in Brazil, aiming to streamline crypto payments for local merchants, an announcement from Binance said.

Marathon Digital CEO Fred Thiel remains positive over the potential approval of a spot Bitcoin (BTC) Exchange Traded Fund (ETF) in the United States by the Securities and Exchange Commission (SEC). 

Police in Israel have reportedly accused entrepreneur Moshe Hogeg of defrauding users out of roughly $290 million through scams involving crypto projects.

Canaccord Genuity Group Inc. shuffled its Canadian capital markets division, installing a new slate of leaders following a round of job cuts.

Perhaps it’s the inexplicable craving for a day off ahead of the big Labour Day holiday. Perhaps it really is a stomach bug, or that more recent fiend — the coronavirus. And of course, it might just be the blues at the end of summer.

China so that it can undergo negotiations with Beijing to «amend and strengthen» the landmark deal, the State Department said on Wednesday. For over 40 years, the agreement between the two countries has yielded cooperation across a range of scientific and technical fields, a powerful sign that the rivals could set aside their disputes and work together. The deal, signed when Beijing and Washington established diplomatic ties in 1979 and renewed about every five years since, has resulted in cooperation in areas from atmospheric and agricultural science to basic research in physics and chemistry. But concerns about China's growing military prowess and theft of U.S. scientific and commercial achievements have prompted questions about whether the Science and Technology Agreement (STA), set to expire on Aug. 27, should continue. «This short-term six-month extension will keep the agreement in force while we seek authority to undertake negotiations to amend and strengthen the terms of the STA. It does not commit the United States to a longer-term extension,» a State Department spokesperson told Reuters.

Nvidia shares rallied almost 3% on Wednesday as traders bet the chip designer will deliver a strong outlook after the bell and boost the US stock market as it reaps the benefits of early investments in artificial intelligence. Nvidia's shares have more than tripled this year, with the chipmaker at the center of a Wall Street technology rally fueled by optimism about the potential of AI. Its stock market value of $1.16 trillion makes Nvidia the world's most valuable chipmaker by far, more than double the value of TSMC, the world's second most valuable chip company. Nvidia's shares briefly hit a record high in the previous session. «It's not often that the fate of the market rests in the hands of just one stock, but it very much feels like that is what's going on at the moment,» said JJ Kinahan, chief executive officer of IG North America. Retail investors made net purchases of $186 million in Nvidia shares over the past week, JPMorgan said in a report on Wednesday. Nvidia dominates the market for high-end processors designed for AI computing, and its stellar outlook in the previous quarter sent its shares soaring over 20% and ignited a rally in the S&P 500 technology sector, which surged 8% in the five sessions after its results. Options data showed the stock could swing nearly 11% by Friday, larger than the 8.6% average move in either direction seen a day after Nvidia's results over the last eight quarters. Nvidia is part of the so-called Magnificent Seven group of megacap stocks including Apple and Tesla that have powered the S&P 500's nearly 16% recovery this year. Bullish investors are betting a strong report and forecast from the company will revive a US stocks rally that has paused in recent weeks.

The United States Treasury’s Office of Foreign Assets Control (OFAC) added Roman Semenov, one of the co-founders of the Tornado Cash cryptocurrency “mixer,” to its list of Specially Designated Nationals and Blocked Persons (SDN) on Aug. 23. Another co-founder, Roman Storm, was arrested by the Federal Bureau of Investigation and the Internal Revenue Service Criminal Investigation division in Washington state the same day.

XRP Robinhood listing rumors are swirling, and that’s good news for XRP20 – the yield-bearing ‘XRP on Ethereum’ coin that launched yesterday and continues to see price consolidation above its $0.00092 listing price.

PayPal will make it easier to invest in crypto as major banks remain cool on the space, under a deal with Independent Reserve that will allow its customers to use a credit card to send Australian dollars to its digital currency exchange.

Solana (SOL), the cryptocurrency that powers the high-performance Solana protocol, a layer-1 smart-contract-enabled blockchain known for its fast transaction speeds and high throughout, has been recovering in tandem with the broader market on Wednesday.

It’s not often that pipelines owner APA Group offers up discounted stock to investors. But when it does, it sure can pull a crowd.

Piyush Goyal said the treatment of lab-grown diamonds as natural diamonds will help in promoting the growth of the sector and create jobs. «These are not artificial diamonds and they are now treated as equivalent to natural diamonds.

Technology stocks helped lead a broad-based rally as Canada’s main stock index rose more than 150 points in late-morning trading, while U.S. stock markets also climbed higher.

Mint looks at the unprecedented success of the Indian Space Research Organization (Isro) and what it means for India’s space programme. Chandrayaan-3 created history at 6.04 pm on 23 August when its lander, called Vikram, safely touched down on the lunar surface. India thus became only the fourth nation in the world, after the US, the former Soviet Union and China, to soft land an object on the moon (and the first to do so on the far side of earth’s natural satellite).