Usa Financial News
15.08 / 05:15
Manufacturing
CEO
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
United States Steel Corp. said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing “strategic alternatives” after receiving several unsolicited offers
15.08 / 04:47
markets
Manufacturing
Remark
Bitcoin
show
Crypto Bull Run
Bull run
‘Evidence is piling’ for a new crypto bull run: Delphi Digital co-founder
Several on-chain metrics and charts are showing signals that could hint at the beginning of a new crypto bull market cycle, according to the co-founder of Delphi Digital.
15.08 / 04:35
business
regulation
Altcoin
Fraud
FTX
Ex-FTX exec Salame won’t testify in alleged illegal campaign donation case
Former FTX executive Ryan Salame will reportedly avoid testifying about his role in FTX’s alleged illegal campaign donation scheme if he is subpoenaed in Sam Bankman-Fried’s criminal trial.
15.08 / 04:21
FIVE
Manufacturing
2024
India to become Kohler’s 3rd largest market by 2024, says David Kohler
bathroom products company Kohler and is likely to become its third largest market by 2024, its chair and chief executive officer David Kohler told ET. Currently, India ranks among Kohler’s top five markets. “India has the fastest-growing GDP in the world among major economies.
15.08 / 03:53
UPS
Reuters
Tesla
NVIDIA
Micron
Hawaiian
Wall Street: US stock market ends high led by gains in tech stocks; Nvidia shares jump 7%
Catch Independence Day 2023 LIVE Updates here "NVIDIA remains our top pick, with a backdrop of the massive shift in spending towards AI, and a fairly exceptional supply-demand imbalance that should persist for the next several quarters," Morgan Stanley analysts said in a note on Monday, Reuters reported. The rally in Nvidia shares also boosted other megacap growth stocks and lifted the information technology index 1.85% higher.
15.08 / 03:39
15.08 / 03:39
15.08 / 03:39
15.08 / 03:31
UPS
Lowe's
Reuters
show
country
Low
Rupee breaches 83, touches a 10-month low
rupee closed at its weakest level against the US dollar in almost 10 months as a rise in the greenback globally exerted pressure on Asian currencies, although likely interventions by the Reserve Bank of India reined in the pace of depreciation in the local unit. The rupee closed at 82.95 per US dollar on Monday as against 82.84 per dollar at previous close. Monday's closing marks the weakest level for the rupee versus the US dollar since October 19, 2022, Bloomberg data showed.
15.08 / 03:13
business
Adoption
regulation
Banks
banking
Crypto highlighted as 'novel and complex' risk to US banks: FDIC report
Crypto-assets and their related activities present key risks to the United States banking system and warrant closer supervision, warns a leading U.S. financial regulator.
15.08 / 02:51
UPS
Citi
Provident
Man
Pinnacle
Puma
love
7 Best Sneakers for men under 2000 for ultimate comfort and style
Sneakers are a go-to option for men who value both style and functionality because of their comfort, functionality, and combination of all three. So, don’t wait any longer and launch yourself onto the list of the best sneakers for men under 2000, in this article below.List of the best Sneakers for men under 2000
15.08 / 02:47
UPS
Aware
SEC
Platform
Financial
SEC Chairman: AI May Lead to Next Financial Crisis
Securities and Exchange Commission (SEC) Chairman Gary Gensler has expressed significant concerns about the potential consequences of artificial intelligence (AI) on the financial system. In an interview with DealBook, Gensler outlined his views on how AI could become a systemic risk and the need for responsible regulation.
15.08 / 02:29
UPS
BLOCK
Digital
Waters
Strategy
electronic
Macquarie
Macquarie and Max Beck sell Active Utilities to Germany’s Patrizia
Macquarie Asset Management and Melbourne’s Beck Corporation have agreed to sell Active Utilities to German real estate asset manager Patrizia.
15.08 / 02:04
business
Law
Adoption
ETF
SEC
us government
Bitcoin
Grayscale Bitcoin ETF
week
Grayscale Bitcoin ETF decision could happen this week, pundits say
Grayscale Investments, which has been seeking to convert its Bitcoin (BTC) trust into a spot Bitcoin exchange-traded fund, could be getting a decision on its lawsuit against the federal securities regulator before the week’s end.
15.08 / 02:03
business
Court
Bankruptcy
Crypto custodian Prime Trust files for Chapter 11 bankruptcy
Crypto custodian Prime Trust has filed for Chapter 11 Bankruptcy in Delaware after it faced a shortfall in customer funds.
15.08 / 02:01
Provident
FIVE
Action
Fulton
Trump
Donald Trump election probe: Georgia court website briefly publishes, removes document about potential charges
Also read: Atlanta Grand Jury to Hear Trump Case This Week: What to Watch The Fulton County court clerk's office released a statement indicating that no documents had been submitted on Monday concerning the ongoing grand jury proceedings related to the case. The office referred to a "fictitious document that has been circulated online," although it did not specifically confirm whether it referred to the document containing criminal charges against Trump.
15.08 / 02:01
FIVE
Action
show
country
independence day
Independence Day 2023: Five key global and domestic macro developments over past year
1. India is the fifth largest economy: India is now the fifth largest economy in the world behind the US, China, Japan and Germany. As per the World Economic Outlook (WEO) database of the IMF, India’s gross domestic product (GDP) in 2022 was $3.39 trillion.
15.08 / 01:53
UPS
Action
stage
Sebi seeks 15 more days from Supreme Court for Adani report
Securities and Exchange Board of India (Sebi) on Monday asked the Supreme Court for another 15 days to complete its investigations and submit a status report on the allegations made by US short-seller Hindenburg Research against the Adani Group. The market watchdog said «substantial work» has been done as it sought more time. The apex court had on May 17 given Sebi time until August 14 to complete its probe into Hindenburg's allegations and the subsequent crash that wiped billions of dollars from the market capitalisation of Adani Group's listed companies following the January report.
15.08 / 01:47
15.08 / 00:35
Target
Platform
ByteDance
TikTok
country
social
Risky China apps need India-style action: FCC Commissioner Brendan Carr
Federal Communications Commission (FCC) Commissioner Brendan Carr told ET. The US and other countries are still grappling with the alleged privacy risks associated with Chinese apps such as TikTok.
14.08 / 22:55
COST
CEO
Immunic
show
social
CSL profit rebounds on plasma, blockbuster drug sales
Blood products giant CSL has lifted full year underlying profit 10 per cent to $US2.61 billion ($4 billion) after a surge in sales of its core immunoglobulin division led by blockbuster therapies Privigen and Hizentra.
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