Usa Financial News
15.08 / 07:27
UPS
VISA
Manufacturing
Gap
Intel
America is building chip factories. Now to find the workers
CHIPS Act passed last year will see the government dole out $50bn over the next half-decade. A baseline estimate from the Semiconductor Industry Association, a trade body, is that by 2030 America’s chip sector will face a shortage of 67,000 technicians, computer scientists and engineers, and about 1.4m such workers throughout the wider economy. Set this against the total of roughly 70,000 students who complete undergraduate degrees in engineering in America each year, and the scale of the deficit becomes apparent.
15.08 / 07:21
regulation
Banks
financial conduct authority
NatWest
reports
FCA begins investigation into bank's 'politically exposed persons' procedures - reports
FCA examining how banks manage account of public figures, particularly politicians.
15.08 / 07:07
Reserve Bank of Zimbabwe
Backed
Reserve
Reserve Bank of Zimbabwe Set to Launch Gold-Backed Digital Token (GBDT) for Retail Use Following Successful Investor Interest
The Reserve Bank of Zimbabwe (RBZ) has announced its advanced plans to launch Gold-Backed Digital Token (GBDT) for retail purposes following its successful reception among investors, a success the Bank hailed as "commendable" in a recent report.
15.08 / 06:59
Provident
Binance
SEC
CEO
Platform
Binance files for protective order against SEC
Crypto exchange Binance late on Monday filed for a protective court order against the US Securities and Exchange Commission saying the regulator's requests for information were «over broad» and «unduly burdensome». In a court filing in the US District Court of Columbia, BAM Trading, Binance US's operating company and BAM Management said the group had already provided sufficient information to the regulator.
15.08 / 06:35
Stablecoin
regulation
Altcoin
Framework
regulatory
Singapore central bank releases regulatory framework for stablecoins
Singapore's central bank has released a revised regulatory framework aimed at ensuring stability for single-currency stablecoins (SCS) regulated in the city-state.
15.08 / 05:59
ETF
NIFTY
SENSEX
Celebrity
performer
independence day
Independence Day 2023: Gold glitters, equities shine - a look at how 3 asset classes performed in last one year
US Federal Reserve have raised its key policy rate by 500 basis points (bps) to take the Fed funds rate to 5.25%-5.50% in more than the last one year period. Following this, the Reserve Bank of India (RBI) has raised the repo rate by 250 bps (bps) since May 2022. As we celebrate the Independence Day 2023, let us take a look at the performance of key asset classes since the Independence Day of last year.
15.08 / 05:51
UPS
Target
Art
country
Inside
exclusive
Baloch separatists, Islamist extremists stand in the way of China's global ambitions
Islamist extremist groups have severely dented China's efforts to access the rich mineral resources in Pakistan and Afghanistan. These minerals are crucial to fuel China's global ambitions to become a superpower, replacing the US. Baloch separatists view China as a neo-colonial power that is hand in glove with Pakistan's elite, including the army, to exploit the province's rich resources to the exclusion of locals.
15.08 / 05:51
show
Political Donations
Fried
Sam
Sam Bankman-Fried used $100 million in stolen FTX funds for political donations, US says
FTX cryptocurrency exchange to make more than $100 million in political campaign contributions before the 2022 U.S. midterm elections, federal prosecutors said on Monday. An amended indictment accused the 31-year-old former billionaire of directing two FTX executives to evade contribution limits by donating to Democrats and Republicans, and to conceal where the money came from.
15.08 / 05:51
COST
FIVE
Booking
Manufacturing
show
performer
country
Selective in pharma and capital goods; will move to overweight in IT on weakness: Trideep Bhattacharya
Trideep Bhattacharya, CIO, Edelweiss MF, says: “It will probably take the next year for that improvement to come through. But the valuations over the next one or two quarters would be such that they may be good to add.
15.08 / 05:29
UPS
Manufacturing
CEO
Limelight
country
Inside
Exports of lab-grown diamonds slump 28.57% YoY despite government backing
lab-grown diamonds have slumped 28.57% year on year in the first four months of the current fiscal despite government backing, but industry insiders expect numbers to pick up this month onward after a price correction in July. Manufacturers of lab-grown diamonds (LGD) – which are 80% cheaper than natural diamond – also claimed that export volumes have increased with the US being the largest importer.
15.08 / 05:29
UPS
Citi
Platform
Enterprise
SENSEX
beautiful
week
Grab
independence day
Independence Day Sale! 107 stocks down up to 84% from 52-week highs; should you grab any?
As many as 107 stocks in the BSE 500 index are trading atleast 20% down from their 52-week highs. Eight stocks have corrected more than 50% from their respective 52-week highs, and three of the biggest losers in this list are Adani Group firms — Adani Green Energy, Adani Energy Solutions, and Adani Total Gas. These stocks were down 62-84% from their 52-week highs.
15.08 / 05:15
Provident
Target
COMPOSITE
show
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Asian stock markets have tumbled after mixed U.S. economic data revived worries the Federal Reserve might hike interest rates again
15.08 / 05:15
15.08 / 05:15
COST
UPS
Manufacturing
show
debate
week
Biden heads to battleground Wisconsin to talk about the economy a week before GOP debate
President Joe Biden is stopping in the battleground state of Wisconsin to discuss how policies he calls “Bidenomics” are boosting the economy
15.08 / 05:15
15.08 / 05:15
Manufacturing
Action
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Illinois Gov. J.B. Pritzker has signed a law banning firearms advertising that officials determine produces a public safety threat or appeals to children, militants or others who might later use the weapons illegally
15.08 / 05:15
COST
UPS
Progressive
Fighting
Airlines
show
social
2024
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The White House is taking on “junk fees,” those extra charges tacked on to plane tickets, hotel rooms, hospital bills and more
15.08 / 05:15
COST
Provident
Ford
Support
Biden says auto workers need 'good jobs that can support a family' in union talks with carmakers
President Joe Biden is asking the major U.S. automakers and their workers’ union to reach an agreement that takes “every possible step to avoid painful plant closings” as the sector transitions to electric vehicles
15.08 / 05:15
15.08 / 05:15
15.08 / 05:15
UPS
Aviat
Privately held Esmark makes offer for US Steel, sets up bidding contest for iconic steelmaker
Industrial conglomerate Esmark says it has made an all-cash bid to buy U.S. Steel that values the iconic steelmaker at $7.8 billion
what's happening in Usa
What is the current situation in Usa?
In Usa, the spotlight is on local government initiatives that affect the region’s daily life.
Where can I find reliable news about Usa?
We publish in-depth coverage about the situation in Usa, based on information from trusted sources.
What shapes the media agenda in Usa?
The news landscape of Usa is shaped by key decisions by local authorities, reflecting its local way of life.
