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Drivers and airline passengers without reindeer and sleighs better make a dash for it: it’s beginning to look like another record for holiday travel in the U.S. The auto club AAA predicts that more than 119 million people will travel at least 50 miles ...

American Airlines said Thursday it has settled a federal race discrimination lawsuit filed by three Black men who were ordered to deboard a flight last January

Creamy, delectable – and pricey

Packaged foods in the U_S_ must follow new rules in order to call themselves “healthy.”

life after death has perplexed humanity for centuries, driven by a universal curiosity about what lies beyond the end. From philosophical theories to recent scientific advancements, the question continues to evolve with new perspectives.

NARCL) for the debt-laden Jaiprakash Associates Ltd (JAL) has triggered a Swiss Challenge auction, with close to a dozen entities showing interest in acquiring the Noida-based conglomerate on an all-cash basis. Distressed aggregators such as the Kotak Mahindra Group-backed Phoenix ARC, US-based Ares Management Corp-backed Acre ARC (asset reconstruction company), Avenue Capital’s Arcil ARC and CFM ARC have expressed initial interest in submitting a bid, said senior executives of these entities. NBFC Capri Global and US-based alternative investment fund Cerberus Capital have also expressed interest, people familiar with the matter said. ET could not ascertain the names of all entities interested in the asset.

Breon Peace said he will step down Jan. 10, ending a stint as federal prosecutor that included high-profile cases such as singer R Kelly’s trial for sex-trafficking, a fraud indictment of Indian billionaire Gautam Adani and the criminal conviction of a US Congressman. Peace, a 53-year-old native of Brooklyn, New York, said in a statement Wednesday “it has been the honor of a lifetime to serve as United States Attorney.” He’ll be replaced as head of the Brooklyn office, known as the Eastern District of New York, by First Assistant US Attorney Carolyn Pokorny, according to the statement. He was appointed by President Joe Biden in 2021 and will leave before President-elect Donald Trump takes office Jan. 20.

Bitcoin traded lower for the fourth consecutive day on Thursday, weighed down by Federal Reserve Chair Jerome Powell's hawkish tone and comments on the potential of a Bitcoin reserve. In a press conference on Wednesday, Powell stated that the US central bank has no intention of being involved in any government efforts to stockpile large amounts of Bitcoin. «We're not allowed to own Bitcoin,» he said, following the Fed's two-day policy meeting.

«For the first time Chair Powell kind of tipped his hat to that saying we just do not know what is going to go on. So, in this environment with not much in the way of rate cuts, I thought there will only be two actually in the new dot plot. I thought they would be a bit more hawkish. I am surprised the market was so surprised but there you go,» says Geoff Dennis, Independent Emerging Markets Commentator. What should one be prepared for in the year 2025 because given the fact that you had the Federal Reserve go ahead and lowered their dot plot when you talk about the rate cuts come next year. You saw the markets spook. How should one read into all of these signs because yesterday when you saw the US GDP growth as well, they revised it upwards? Geoff Dennis: It is a difficult environment for emerging markets let me start by saying that and it is summed up by the fact that the Fed is now assumed anyway in terms of the dot plot that the midpoint is two interest rate cuts.

Gold prices are displaying weakness, falling by Rs 2,260/ 10 grams in the last one week while silver prices fell by Rs 5,600/kg in the same period.

metal stocks, amid lingering concerns over a slower pace of rate cuts by the US Federal Reserve. The BSE Sensex was trading 300 points, or 0.41%, lower at 78,896.67. The Nifty50 was down 62.25 points, or 0.26%, trading at 23,889 around 9:53 am.

US Immigration and Customs Enforcement deported more than 270,000 people to 192 countries, including India, over a recent 12-month period, the highest annual tally in a decade, according to a report released Thursday that illustrates some of the financial and operational challenges that President-elect Donald Trump will face to carry out his pledge of mass deportations. ICE, the main government agency responsible for removing people in the country illegally, had 271,484 deportations in its fiscal year ended Sept 30, nearly double from 142,580 in the same period a year earlier. It was ICE's highest deportation count since 2014, when it removed 315,943 people. The highest it reached during Trump's first term in the White House was 267,258 in 2019. Increased deportation flights, including on weekends, and streamlined travel procedures for people sent to Guatemala, Honduras and El Salvador fuelled the increase, ICE said. The agency had its first large flight to China in six years and also had planes stop in Albania, Angola, Egypt, Georgia, Ghana, Guinea, India, Mauritania, Romania, Senegal, Tajikistan and Uzbekistan.

IT stocks like TCS, Infosys, and HCL Tech are likely to be in the spotlight on Friday following Accenture's better-than-expected Q1 earnings and upgraded revenue guidance. Accenture’s first-quarter revenue of $17.7 billion surpassed analyst estimates of $17.12 billion, driven by strong demand for its AI-powered solutions that help businesses optimize operations.

Sandip Sabharwal, asksandipsabharwal.com, says the valuation derating for HDFC Bank seems to be more or less through. If going forward from next year, they come back to the credit growth trends which they had historically, then there is a realistic possibility that HDFC Bank should do well. Reliance is down almost 30% from the top and there is a realistic possibility it could outperform next year. This is how the last part of 2024 is going to pan out I guess because a whole lot of cues have dried up. The FII volumes as well have abated and it is going to be very minuscule up until January when the earning season kicks off. Then there will be the budget and it is going to be a hectic calendar year henceforth. Sandip Sabharwal: Although trading activity ebbs going into the end of December, the markets move have been there historically and that is still possible. But overall there is a greater possibility that given the lack of cues per se in terms of any significant policy decision or any significant news flow coming in or likely to come in over the next couple of weeks, the probability that after this initial sell-off driven by US Fed action or the projection they have given for the year 2025, we should see the markets become range-bound without any significant dip or up move.

The jury in a US federal court in Delaware is considering whether Qualcomm or Nuvia, a startup Qualcomm purchased for $1.4 billion in 2021, breached a license agreement with U.K.-based Arm, which supplies intellectual property to both firms. The case could upend Qualcomm's push into the PC market with a chip meant to rival Apple and Intel on speed.

Varun Saboo, Head-Equities, Anand Rathi Shares, says there is no reason why Nifty should trade anything below 18 times in general. He does not see those times coming back where we go down to 15 times earnings. Because whatever said and done, our growth rates are much better than any country in the world, so that premium, that multiple to peg will remain and the Nifty will remain firm. However, one has to see how the Jan and next earnings season pan out. Among the biggest losers among banks in 2024, one can bottom fish in Bandhan Bank next year. Towards the fag end of the year and perhaps the start of the new year as well volumes, cues, are going to dry up and then will come the January earnings followed by budget, etc. What do you think the market construct is going to be? Will this kind of volatility persist or is it going to become more lacklustre with the drying up of volumes? Varun Saboo: There are two-three things which you are talking about.

Bharti Airtel are expected to remain in focus today (Friday, September 20) after the telecom major informed exchanges about pre-paying Rs 3,626 crores to clear all liabilities for spectrum acquired in 2016. The company has prepaid a total of Rs 28,320 crores of spectrum liabilities in this calendar year. «With this, Airtel has now prepaid all its spectrum dues that had interest costs higher than 8.65%,» the company filing on Thursday said.

US Department of Commerce has recently asked Nvidia to look into how the company's products ended up in China over the past year, The Information reported on Thursday, citing a person close to the department. The chip giant has asked big distributors such as Super Micro Computer and Dell Technologies to conduct spot checks of their customers in Southeast Asia, the report said. Nvidia's artificial intelligence chips are embedded in server products made by Super Micro and Dell. The Information reported that five different people involved in smuggling Nvidia chips said they have managed so far to evade detection during recent inspections by Super Micro.

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Subscribe to enjoy similar stories. Nifty50 extended its losses for the fourth consecutive session and closed at 23,951 on Thursday. Taking cues from the global market, the index started the day with a gap-down opening at 23,877.15 and traded sideways in a narrow range of 24,870.30-24,004.90.

Subscribe to enjoy similar stories. As investors await global cues to settle, mixed signals are beginning to emerge. The bullish momentum is slowing and Q2 earnings numbers are not really driving up momentum.