Usa Financial News
19.12 / 23:03
markets
COST
FIVE
Compilation
security
wellness
show
Canadians urged to take risks as equity deals hit 23-year low
Investment bankers are urging Toronto-listed companies to buy a business or raise some money as deal volumes in Canada have fallen to their lowest levels in 23 years.
19.12 / 23:03
COST
UPS
awards
testing
Bill Gates invests in Montreal company looking to remove CO2 from air
Bill Gates’ Breakthrough Energy Catalyst is awarding US$40 million to Montreal-based Deep Sky to help it test its carbon removal technology in Alberta.
19.12 / 20:59
UPS
Manufacturing
Trade
country
International
US ambassador to Vietnam says US arms manufacturers could help boost Vietnam's military capabilities
The U.S. ambassador to Vietnam says U.S. arms manufacturers could help the southeast Asian country build up its armed forces
19.12 / 20:01
Citizens
Aware
Freedom
country
reports
rights
International
USCIRF reports biased: MEA in Rajya Sabha
Kirti Vardhan Singh told the Rajya Sabha on Thursday that the government is aware of reports issued from time to time by various foreign entities, including in the US, about the situation of human rights in India. Such reports are often found to be subjective, misinformed and biased in nature, he said. The minister said that the US Commission for International Religious Freedom (USCIRF) is an organisation with a political agenda and the government attaches no credibility to its reports, which misrepresent facts and peddle a motivated narrative about India. He said India is a vibrant democracy with its Constitution guaranteeing fundamental rights of citizens, and a robust judiciary and free media ensuring the exercise of these rights.
19.12 / 20:01
Software
film
Actor
War
show
Features
Warfare: Check out release window, trailer, plot and cast
Alex Garland returns with Warfare, his upcoming film set during the U.S. invasion of Iraq. The story, centered on Navy SEALs, portrays the harsh realities of warfare through the experiences of soldiers on the ground.
19.12 / 20:01
markets
Platform
Software
Sustainability
audience
innovations
reports
Pocket FM listeners streamed over 100 billion minutes globally
global streaming and more than 45 million transactions in 2024, according to insights from its "Pocket FM Playback 2024" report. The report underscores the global appeal of storytelling and immersive audio experiences over the past year. The platform captivated a broad demographic, with 54% of listeners being Gen Z, 37% Millennials, and 5% Gen X. Gender distribution was nearly even, with 53% male and 47% female users. The integration of AI-enabled audio series expanded the platform's content library by 36 times, while human-narrated series saw a twofold increase.
19.12 / 19:25
19.12 / 16:57
Reuters
security
Strategy
Software
WhatsApp
reports
recommendations
Phone calls and text messages are not safe from Chinese hackers, U.S government tells officials and people to do this
Chinese hackers specifically a group known as ‘Salt Typhoon’, reported Reuters. According to Reuters, the Cybersecurity and Infrastructure Security Agency (CISA) has issued guidance while recommending the use of end-to-end encrypted communication methods which are available in renowned apps like WhatsApp, iMessage and Signal. On the other hand, regular phone communications are not actually encrypted and can be intercepted by telecom companies, law enforcement or hackers. The Salt Typhoon hackers have reportedly compromised at least eight telecommunications firms in the US while leading to significant data breaches. A senior US official described these incidents as potentially the largest telecommunications hack in US history, asserted Reuters.
19.12 / 16:05
19.12 / 15:03
markets
Reuters
Digital
Software
reports
Department
US weekly jobless claims fall more than expected
labor market conditions. Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 220,000 for the week ended Dec. 14, the Labor Department said on Thursday. Economists polled by Reuters had forecast 230,000 claims for the latest week. Claims have entered a period of volatility, which could make it challenging to get a clear view of the labor market. A range of indicators including claims and job openings suggest that conditions are much looser than they were before the COVID-19 pandemic, but the labor market is slowing in an orderly fashion.
19.12 / 15:03
markets
Progressive
wellness
President
Fed matches rate cut expectations but 'hawkish' outlook sends dollar soaring
The vote was almost unanimous, with 11 of the 12 Federal Open Market Committee members voting in favour of the rate trim; only Beth Hammack, president of the Federal Reserve Bank of Cleveland cast her vote in favour of maintaining current interest rates. However, cautious rhetoric from Fed chair Jerome Powell caused Treasuries to topple and the US dollar to soar. «As for additional cuts, we are going to be looking for further progress on inflation as well as continued strength in the labour market,» said Powell, emphasising that the FOMC will remain data-driven into 2025. Powell ...
19.12 / 15:03
markets
UPS
Software
awards
Experts
reports
Tata Consumer Products denies reports on exit of Starbucks from India
Tata Consumer Products Ltd (TCPL) on Thursday denied reports on the exit of cafe chain Starbucks from the Indian market, terming them as «baseless». Tata in a 50:50 joint venture with US-based Starbucks Corporation operates a cafe chain in India under the brand name of Starbucks, which is the leading cafe chain in India. Starbucks had 457 stores across 70 cities at September-end and the company aims to take it to 1,000 by FY28. The company's revenue from operations was up 12 per cent to Rs 1,218.06 crore in FY24.
19.12 / 15:03
markets
COST
Software
ICE
President
country
'At least 100k beds...': Trump's border czar spills bean on mass deportations of illegal immigrants, gives cost
mass deportations of undocumented immigrants immediately after Trump is sworn in as president. In a CNN interview, Homan said Wednesday night that plans are underway to deport undocumented immigrants at large scale and that he’ll need funding from Congress to do so. Tom Homan said he will need a minimum of 100,000 beds to detain undocumented immigrants – more than doubling the 40,000 detention beds ICE is currently funded for – and needs more Immigration and Customs Enforcement agents to carry out the president-elect’s mass deportation plans. ALSO READ: US Government shutdown: Know what closes and what stays open
19.12 / 15:03
markets
FIVE
Remark
Trade
show
prevention
Rupee breaches 85-per-US dollar mark on hawkish Fed stance
stocks and bonds. The rupee hit a low of 85.085 per dollar, before closing at 85.07 per dollar, as against its previous close of 84.952/$1, LSEG data showed The rupee has depreciated to record lows for the fourth consecutive day, even as the Reserve Bank of India intervened in the onshore and offshore markets to prevent excess volatility, traders said. The rupee hit 85.15/$1 in the offshore non-deliverable forwards market, and will act as an immediate support, traders said.
19.12 / 14:49
UPS
Target
economy
President
reports
Department
US economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate
19.12 / 14:49
markets
UPS
economy
Experts
reports
Department
US unemployment applications come back down after big rise
The number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before
19.12 / 13:21
Provident
Manufacturing
security
reports
Department
Investigations
US effort to curb China's and Russia's access to advanced computer chips 'inadequate,' report finds
The U.S. Commerce Department’s efforts to curb China’s and Russia’s access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to manufacture advanced weapons
19.12 / 12:29
19.12 / 11:39
markets
Software
pandemic
Experts
Virus
country
infection
Next pandemic to come from this country, warn scientists amid rising bird flu cases in humans. Check details
Avian influenza, commonly called "bird flu", is a viral infection that spreads in birds, cows and other animals. Avian influenza, commonly called «bird flu», is a viral infection that spreads in birds, cows and other animals. Although there has been no evidence of human-to-human transmission, the virus's ability to spread through wild species and jump to domestic ones highlights the risk of human infection potentially occurring due to new mutations and recombinations among variants. ALSO READ:Viral Video: Jeff Bezos, his fiancée seen going to Mar-a-Lago to meet Trump, 'interesting', say netizens
19.12 / 11:27
Citi
Reuters
Southern
President
country
rights
Teamsters union launches historic nationwide strike against Amazon: 'Paying the price'
Liz Bentley Associates President and founder Liz Bentley discusses the benefits of remote work as some businesses push for their employees to return to the office full-time.
19.12 / 11:25
Provident
Digital
Research
trends
show
information
Relationships
How physical banking still holds a relevance in digital world
Faced with the rapid proliferation of digital technologies and an ever-increasing millennial/Gen Z customer base, major banks across the US and Europe reduced their physical branch network over the last decade. While the underlying thought process did influence strategic thinking globally, Indian banks bucked the trend. Instead, they focused on branch expansion, resulting in one of the best growth periods for the Indian banking industry as a whole.
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