Usa Financial News

29.01 / 15:11
markets ICE President country social Videos Selena Gomez faces backlash after emotional response to Donald Trump’s deportation orders
Selena Gomez, on Monday, had posted an emotional video on her social media, now deleted, in which she teared up while discussing the Immigration and Customs Enforcement raids that led to over 1,000 arrests in the United States. The video quickly attracted backlash from US President Donald Trump’s supporters, who responded with personal insults and accusations of her being overly “politically correct.”
29.01 / 15:07
markets Digital Coca-Cola Strategy Align trends President Competition a positive force, keeps us sharp: Coca-Cola president Murphy
Subscribe to enjoy similar stories. MUMBAI : The Coca-Cola Company’s president and chief financial officer John Murphy has reaffirmed India’s critical position in the beverage maker's global strategy, underscoring its growth potential, evolving retail dynamics, and the competitive landscape. Speaking to media in Mumbai on Wednesday, Murphy highlighted the strength of rural markets, the rising importance of vending, and the company’s approach to competition amid the resurgence of local brands.
29.01 / 14:55
markets Merit economy Remark Trade President Cycling Bank of Canada cuts key rate 0.25% as easing cycle slows
The Bank of Canada delivered a sixth consecutive interest rate cut on Wednesday but slowed the pace of its easing cycle.
29.01 / 12:17
UPS Art Action film show performer country Chronicling Mumbai’s chawls with Amol K Patil
Subscribe to enjoy similar stories. Trapped. Suffocated.
29.01 / 12:17
Provident Target reports Department donates Updates Why is the I-T department sending SMSes to political donors?
Subscribe to enjoy similar stories. Several taxpayers who reported making donations to political parties and claimed deductions under Section 80GGC have started receiving messages from the Income Tax department urging them to verify their claims. “This appears to be a soft nudge from the tax department, likely targeting taxpayers who may have claimed deductions for fake donations or made errors in their filings," said Nitesh Buddhadev, a chartered accountant and founder of Nimit Consultancy.
29.01 / 11:35
COST UPS CEO Research Experts performer reports How DeepSeek’s AI stacks up against OpenAI’s model
Subscribe to enjoy similar stories. It’s impossible to look at the Chinese artificial intelligence startup DeepSeek’s new AI model without comparing it against OpenAI, the dominant American rival. DeepSeek has touted its latest AI model, R1, is particularly good at problem solving, performing on par with OpenAI’s o1 reasoning model—but at a fraction of the cost per use.
29.01 / 11:19
markets Digital Strategy NVIDIA PAM innovations Chinese whiz built DeepSeek after big setback and is shaking Wall Street now
Liang Wenfeng’s quantitative hedge fund, Zhejiang High-Flyer Asset Management, issued a public apology to investors after sustaining losses during a volatile period for China’s stock market. The setback was unexpected for the firm, which had rapidly become one of the country’s largest quant funds by leveraging artificial intelligence to select stocks.
29.01 / 09:11
markets COST UPS Google CEO NVIDIA reports Elon Musk not convinced with China's DeepSeek that rattled the US tech market. His one-word reply is the proof
DeepSeek sent shockwaves with an AI model with capabilities rivalling the creations of Google and OpenAI. DeepSeek grabbed the giant global tech firms by the horns, which has surprised the worldwide markets. This breakthrough technology caused a significant drop in the market value of US chipmaker Nvidia, with over $500 billion wiped off its market cap on January 27, 2025.
29.01 / 09:11
markets Digital Strategy President Experts PAM Vaccines Donald Trump's health secretary pick Robert F Kennedy Jr faces critical Senate hearing
Robert F. Kennedy Jr faces a pivotal Senate hearing Wednesday where he will be grilled on his history of promoting vaccine misinformation and plans to upend US science agencies as he bids to become President Donald Trump's health secretary.
29.01 / 07:07
markets COST Digital CEO Strategy PAM Market reaction to DeepSeek is wrong: Intel CEO advocates cheaper AI, open source
Pat Gelsinger took to LinkedIn to cheer Chinese artificial intelligence (AI) DeepSeek, calling it «an incredible piece of engineering that will usher in greater adoption of AI». He added that the startup's overnight fame shows a reset within the industry towards open innovation.
29.01 / 04:21
markets Airlines Strategy PAM Department Courts US court blocks Biden administration's airline fee disclosure rule
Biden administration's 2024 rule requiring upfront disclosure of airline service fees, saying the Transportation Department had not complied with procedural rules.
29.01 / 04:21
markets Strategy Continental President Experts track Donald Trump orders 'Iron Dome' for US, but freezes funds for nuclear protection
White House said «directs the building of the Iron Dome missile defense shield for America.»
29.01 / 02:29
markets Strategy Research Universities innovations Interviews DeepSeek's rise: How a Chinese startup went from stock trader to AI star
artificial intelligence with splashy announcements and new chatbots, DeepSeek took a different approach. It zeroed in on research.
29.01 / 02:29
markets Google Racing wellness country blues innovations DeepSeek: A whale of a story of frugal innovation rattles tech world
OpenAI was founded as a lab in 2015 to take on the perceived dominance of Google in AI. Its meteoric rise over the last three years however made its dominance unchallengeable. But, Chinese LLM maker DeepSeek’s launch of its reasoning model R1 last week has challenged not just the dominance of OpenAI but has also questioned America’s supremacy in the global AI race.
29.01 / 02:29
markets Digital Strategy Food PAM medicines US Secretary of State Marco Rubio widens exemption for US aid after freeze
US Secretary of State Marco Rubio on Tuesday widened exemptions in a sweeping freeze on foreign assistance, saying the United States would keep funding humanitarian items such as shelter and medicine.
29.01 / 01:55
markets Analysis NVIDIA Research Trade President Experts Asian stocks advance on tech rebound ahead of Fed
Federal Reserve’s rate decision and US mega-cap earnings. Japanese and Australian shares rose. Most other major markets in the region are closed for Lunar New Year holidays. US equity futures declined after the S&P 500 rose 0.9% and Nasdaq 100 advanced 1.6% on Tuesday, as Nvidia Corp. rallied 8.9% following the largest one-day value loss in history. The dollar and oil gained after President Donald Trump talked about across-the-board tariffs.
29.01 / 01:55
markets Digital Fox Strategy Experts PAM Interviews DeepSeek leaned on OpenAI models: White House AI Czar David Sacks
David Sacks said there’s “substantial evidence” that Chinese upstart DeepSeek leaned on the output of OpenAI’s models to help develop its own technology.
29.01 / 01:15
Citi Provident Citizens Interface country social Banking beyond borders: Can US citizens open accounts in India?
Subscribe to enjoy similar stories. When Ram learnt that his parents were attempting to transfer ₹10 lakh to his US bank account after selling a plot of land in India,he was not particularly pleased. The computer engineer working in the US knew that the simple gesture could turn into a logistical nightmare.
29.01 / 00:49
UPS Reuters WhatsApp Trade President Rupee falls most in a day in two weeks as dollar index firms up
dollar index strengthened after comments about trade tariffs from US President Donald Trump. Intervention by the Reserve Bank of India helped contain excess losses, traders said The dollar index strengthened to 107.87 on Tuesday, after it had fallen to 106.96 the previous day, hurt by the selloff in US technology stocks.
29.01 / 00:49
markets Analysis Enterprise Research Trade Experts rights Sebi rejects Danny Gaekwad's counter-offer for Religare
Sebi) late Tuesday returned a letter by US-based Digvijay Laxmansinh Gaekwad, that had sought the regulator's permission to make a counteroffer to buy a stake in Religare Enterprises. Separately, two independent directors of Religare Enterprises questioned the company's decision to publish the letter written by Gaekwad to the capital markets regulator without verifying the sender's identity or signature, sources told ET.

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