Usa Financial News

After a market-wide crash that saw Bitcoin hit as low as the $24,000 region on derivatives exchanges - in the largest liquidation event since the FTX collapse - surprise news hit.

rupee closed at an all-time low versus the dollar Thursday as the likelihood of a prolonged phase of higher US interest rates and deepening concerns over the Chinese economy prompted global investors to reduce exposure to emerging market currencies. The rupee closed at 83.15 per US dollar on Thursday versus 82.95 per dollar at previous close. The previous record closing low for the Indian currency was 83.02 per dollar on October 19, 2022.

The former mayor of Anaheim has agreed to plead guilty to obstructing an FBI corruption investigation into the $150 million sale of Angel Stadium to the owner of the Major League Baseball team

Investment - including venture capital, private equity and merger and acquisition activity - totalled US$353.7 million across 57 deals. That's down from the US$1.09 billion invested across 87 deals in the second half of 2022, and US$834.1 million invested across 109 deals in the first half of 2022.Crypto and blockchain firms accounted for 15 investments, with seven AI companies picking up funds and six payments outfits also securing money.

By Jonathan Stempel, Dietrich Knauth and Manya Saini

(Reuters) — Moderna (NASDAQ:MRNA) said on Thursday an initial study data showed its updated COVID-19 vaccine to be effective against the «Eris» and «Fornax» subvariants in humans.

By Douglas Gillison

A fresh bout of US regulatory scrutiny is setting off a hiring spree at Goldman Sachs Group as the company’s leaders seek to remediate issues raised by banking supervisors.

Amidst the fluctuating cryptocurrency markets, Bitcoin's future value remains a topic of fervent discussion. 

A federal judge in Texas has sided with the United States Department of the Treasury by granting a motion for summary judgment in a lawsuit concerning Tornado Cash brought by six individuals backed by crypto exchange Coinbase.

jobless benefits fell in the last week. It suggests that the labor market remains tight despite the Fed's efforts to cool the economy and inflation. Shares of Meta Platforms sank 3.1% and Tesla 2.8%.

DC Studio has taken out a decade-old character from oblivion and made its first live-action Latino super hero film. With this, it also embarked on a journey with James Gunn, the popular movie maker.

Bogota, the capital of Colombia, as confirmed by the nation's geological service. The seismic activity led individuals in offices and restaurants to quickly evacuate for safety. Shortly thereafter, an aftershock occurred, causing residents to gather on the streets while the tremors subsided. The strong earthquake was followed quickly by a strong aftershock shook Colombia's capital and other major cities Thursday. There were no immediate reports of casualties or damage. The US Geological Survey said the initial quake had a preliminary magnitude of 6.3 and the aftershock a preliminary magnitude of 5.7. The epicenters of both quakes were about 100 miles (160 kilometers) southeast of Bogota, according to USGS. People in the city of 11 million felt buildings and floors rumble in the midday quake. Alarms blared in Bogota as residents left their homes, with throngs of people gathering in the streets. The earthquake was also felt in other big cities like Medellin and Cali. Colombia's civil defense agency highlighted that evacuations were carried out across the entire municipality of Calvario, located in the southeastern region of Meta, situated to the southeast of the elevated capital. In the vicinity of Villavicencio, the same agency reported a landslide and stated that its personnel were actively assessing the situation for any additional impacts.

By Gram Slattery

By Chris Prentice and Brenna Hughes Neghaiwi

(Reuters) — Pfizer Inc (NYSE:PFE) said on Thursday its updated COVID-19 shot, which is being tested against emerging variants, showed neutralizing activity against the «Eris» subvariant in a study conducted on mice.

August hasn't been very kind to U.S. stock indexes so far as they continue to correct. Looking ahead, one of the major factors likely to steer the market in the coming months is the U.S. GDP trajectory.

Inflation and economic slowdown in advanced economies, coupled with piled up inventory since the pandemic, have caused India's apparel export clients to defer orders or request lower prices, said an industry representative. Exporters are looking forward to the Christmas season in the next quarter to alleviate the ongoing slump. "Cotton textile exports rose 6% in July and the July-September quarter is expected to maintain that momentum," said a representative from the cotton textile industry.

Blue chip crypto markets are under broad selling pressure on Thursday amid a combination of macro and technical selling pressures.

This week’s episode of Cointelegraph’s Market Talks welcomes Huf, the founder of Pear Protocol, a new decentralized exchange launching on Arbitrum in 2023. Huf worked as an equity derivatives trader for various investment banks for over a decade before entering the decentralized finance industry in 2019. He is often quoted in various news outlets for his views on the markets, which he shares in real time via his X (formerly Twitter) profile.

The Federal Reserve Board of the United States and the Washington State Department of Financial Institutions have announced an enforcement action against Farmington State Bank, a financial institution whose parent company received more than $11 million from Alameda Research.