Usa Financial News

30.12 / 13:43

markets Digital Strategy McDonald’s Experts War PAM New Year's Eve 2024: Are restaurants like Starbucks, Dunkin, and Wendy’s open?

30.12 / 12:51

cryptocurrency regulations Bitcoin production Trump's 'Made in USA' Bitcoin is a promise impossible to keep

Trump made the pledge in a post on his Truth Social account in June after meeting at Mar-a-Lago with a group of executives from crypto miners, the companies whose massive, high-tech data centers do the work that facilitates transactions on the blockchain in exchange for compensation paid in Bitcoin or other cryptocurrencies. The gathering was a key juncture in Trump's transformation from a crypto skeptic to one of the industry's strongest allies. «It is a Trump-like comment but it is definitely not in reality,» said Ethan Vera, chief operating officer at Seattle-based Luxor Technology, which provides software and services to miners.

30.12 / 11:35

markets Digital Strategy Experts War PAM blues What is America's new civil war: MAGA vs MAGA? Explained in 10 points

Elon Musk and Donald Trump’s hardline Make America great again (Maga) base after the US president-elect chose an Indian-born entrepreneur Sriram Krishnan to be his adviser on artificial intelligence. The row has pitted Musk and biotech entrepreneur Vivek Ramaswamy against the Maga supporters, especially far-right political activist Laura Loomer and Matt Gaetz, the former Congress member and abortive nominee for attorney general. The clash is significant since immigration was the key issue in the 2024 US Presidential elections.

30.12 / 02:51

markets COST Racing Strategy Tesla SpaceX Elon Musk tries to mend MAGA rift over immigration debate, labels H1-B system ‘broken’ and offers a ‘fix’

Tesla and SpaceX, has described the H1-B visa system as “broken” and called for reforms to curb its misuse. The programme, which allows US companies to employ highly skilled foreign workers, has been criticised for enabling the hiring of low-wage workers, particularly in the tech industry.

30.12 / 01:05

markets Strategy Remark trends Trade patient Best investment strategy to grow wealth can be actually quite simple: This American janitor made a fortune using it

Ronald Read, an American janitor and gas station attendant, who, when he passed away in 2014, left behind a $8 million fortune. What is truly remarkable is that he built this wealth while working jobs that never paid him more than a modest salary. The striking thing is that Read’s story isn’t about some magical investment strategy or discovering the next big thing. Instead, it’s about the fundamentals of investing I’ve written about in this column for years, with an extraordinary demonstration of their power.

30.12 / 01:05

markets Digital Strategy Food Experts PAM We expect interest rate cuts to start only towards end of 2025: Niket Shah, CIO, Motilal Oswal Mutual Fund

30.12 / 00:05

MET Election President Photos country A PM who kept his words few and work eloquent

Subscribe to enjoy similar stories. How will I be judged by history? Would this question have crossed Manmohan Singh’s mind? Maybe. That was why he once said, “History would judge me more kindly." He was right.

30.12 / 00:05

UPS Aviat Manufacturing Action Airlines Boeing Flight path 2025: What lies ahead for Indian carriers

Subscribe to enjoy similar stories. New Delhi: The year 2024 saw India’s aviation industry grow on the back of American aircraft manufacturer Boeing's white tail planes - those that are built without any pre-existing customer. However, the new year is likely to see slower deliveries of Boeing aircraft, leading to Indian airlines inducting fewer planes than they did in 2024.

29.12 / 23:47

markets Digital Strategy President PAM From peanut farmer to US President: Jimmy Carter dies at 100, sets a stunning record in US history

Jimmy Carter has been one of the classic examples of Democratic politics in the US history book for decades, but one feather is now going to be added to the cap of the former US President. Carter, who served as president from 1977 to 1981, by running as a Democrat, ruled with an iron fist during his tenure. He passed away at the age of 100, the Carter Centre, an organization founded by him, has confirmed.

29.12 / 23:47

markets UPS Google Action Racing rights Perplexity founder Srinivas says row over H-1B misses the point

H-1B visas that’s roiling Donald Trump’s team even before he takes office misses the point and isn’t borne out by data, said Aravind Srinivas, founder of Perplexity AI. Illegal immigration is the real issue, said the IIT graduate who’s worked at DeepMind and OpenAI, and is himself in the US on an H-1B visa.

29.12 / 21:55

markets security Strategy President Experts reports North Korean leader Kim Jong Un sends direct warning to US President-elect Donald Trump

Donald Trump takes office as U.S. president, AP reported.

29.12 / 19:55

markets FIVE Election trends country International Despite a 10% decline in voting across the world, India reversed the trend by hitting the 65% mark

India, USA and Indonesia to island nations like Tuvalu with 11,000 population. Citizen voters, in over 70 countries, millions of them first timers, attempted to address their own situations at the voting booths.

29.12 / 19:55

markets Digital Strategy economy Election PAM show Rupee's backloaded retreat against the dollar mars year of rare stability

US dollar adds, at least theoretically, imports-fed inflation risks, and another layer of complexity to a decision on the cost of funds in an economy that logged its most circumspect pace of growth in seven quarters in the three months to September.

29.12 / 16:57

markets Gap economy President students Celebrity country Mint Primer: How H-1B visas got caught in the MAGA debate

Subscribe to enjoy similar stories. It allows companies to hire foreign workers for specialized roles in the US. America’s tech industry heavily relies on engineers and professionals from countries like India, with over 70% of H-1B visa holders being Indian, highlighting their role in the US tech economy.

29.12 / 16:03

markets Racing Strategy Death wellness BABA reports Baba Vanga predictions: Prophetic timeline of the Nostradamus of the Balkans finally out? Here's some key prophecies

Baba Vanga predictions were earlier considered a voodoo thing by a majority of the world for a few decades until it was reported that the Bulgarian mystic healer and astrologer had predicted the 9/11 terror attacks on US soil much in advance. This was just not the only shocking prediction, but the inferences of her sayings have been reportedly coming true for years, even after her death.

29.12 / 15:31

UPS economy Discover Research performer inequality International Will AI help or hurt workers? One 26-year-old found an unexpected answer.

Subscribe to enjoy similar stories. Daron Acemoglu, the Massachusetts Institute of Technology professor who recently won the Nobel Prize in economics, worries that artificial intelligence will worsen income inequality and not do all that much for productivity. His friend and colleague David Autor is more hopeful, believing that AI could do just the opposite.

29.12 / 15:17

markets Provident Digital Strategy Experts PAM ISRO to demonstrate docking of satellites in space in January, launch on Monday

ISRO is set to launch two satellites on Monday night from the Sriharikota spaceport to demonstrate docking and undocking of spacecraft in orbit, which will make India the fourth country in the world to achieve the feat. The Indian Space Research Organisation's (ISRO) warhorse rocket Polar Satellite Launch Vehicle (PSLV) will place the two satellites — SDX01 and SDX02 — in a 476-km circular orbit and attempt the Space Docking Experiment (SpaDEx) in the first week of January, the space agency officials said.

29.12 / 15:17

markets Racing Death Research trends Interviews Investigations Suchir Balaji's mother Poornima alleges the Open AI researcher was murdered in cold-blood

Suchir Balaji, a 26-year-old Indian American researcher and former OpenAI employee, was tragically found dead in his San Francisco apartment on November 26, 2024. The San Francisco Chief Medical Examiner's Office ruled his death a suicide. Despite this, Suchir's family has raised questions about the circumstances, urging a thorough investigation.

29.12 / 13:33

markets Strategy Election President PAM Obama loses his mojo among Democrats: Party in a reckoning over the failed election efforts; op-eds say - Stop listening to Barack

Barack Obama has been one of the ore supporters and campaigners for Kamala Harris during the US Presidential elections 2024, but his efforts went down to a losing cause after Donald Trump broke all records to emerge as the President-elect of the United States. Ever since then, reports suggest that Obama has been losing his grip on the Democratic Party's rank and file, with a majority of them being demoralized by the epic loss faced by Kamala Harris.

29.12 / 13:33

markets Digital Strategy President Experts PAM reports Donald Trump effect: Wall Street to become volatile due to US President's January 20 inauguration?

Wall Street experts are highlighting the importance of Donald Trump's official take over of US Presidency.

29.12 / 13:23

markets UPS FIVE Booking information reports Was 2024 indeed better than last year for the big boys of Indian IT?

Subscribe to enjoy similar stories. Bengaluru: India’s top five information technology services companies grew at a slower clip in the first nine months of this year, defying hopes that the $254 billion industry would rebound after reporting its weakest growth ever in 2023. Yet, save for Wipro Ltd, the shares of the remaining four IT services firms—Tata Consultancy Services Ltd, Infosys Ltd, HCL Technologies Ltd, and Tech Mahindra Ltd—have delivered better returns than both the Sensex and the Nifty 50 so far this year.

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