Usa Financial News

The Biden administration has announced it is raising tariffs on solar wafers, polysilicon and some tungsten products from China to protect U.S. clean energy businesses

Luigi Mangione comes from a well-known and wealthy family, thousands of dollars have been donated anonymously online to support his defence against charges related to the murder of Brian Thompson, the CEO of UnitedHealthcare. As of Wednesday afternoon, one fundraiser on GiveSendGo, a Christian-based free speech fundraising platform, had raised over $31,000 towards a $200,000 target. A recently established December 4th Legal Committee, perhaps alluding to the shooting date, established the New Jersey-based fund, as quoted in a report by USA Today. Organisers on GiveSendGo have written directly to Mangione in jail to determine how he would like to use the funds. If he rejects them, the money would be donated to legal funds for other U.S. political prisoners.

Biden administration plans to raise tariffs on solar wafers, polysilicon and some tungsten products from China to protect US clean energy businesses. The notice from the US Trade Representative's office said tariffs on Chinese-made solar wafers and polysilicon will rise to 50% from 25% and duties on certain tungsten products will increase from zero to 25%, effective on Jan. 1, following a review of Chinese trade practices under Section 301 of the 1974 Trade Act. The decision followed a public comment period after the USTR said in September that it was considering such actions.

Middle East have suggested a major shift in power dynamics specifically regarding US influence under US President Joe Biden. According to Independent, following the fall of the Assad regime in Syria, the Prime Minister of Israel Benjamin Netanyahu swiftly occupied several villages in the Golan Heights while citing threats from anti-Israel militant groups. Independent reported that this certain action has been severely criticized as a violation of international law and the response of Joe Biden administration has been eventually perceived as really weak while the State Department officials have framed the military actions of Israel as something temporary. Also Read: Who is Bettina Anderson? The Florida socialite who was spotted holding hands with Donald Trump Jr.

Dexter: Original Sin is set to expand the story of Dexter Morgan. It will focus on his formative years. The show will feature a total of 10 episodes.

NFL is reportedly reassessing its partnership with the company of Jay-Z named Roc Nation following the extremely shocking allegations linking him to a sexual assault incident involving Sean Diddy Combs, reported The US Sun. According to The US Sun, the lawsuit which was actually filed by an unnamed woman claims that both men participated in the assault at a party in the year 2000 when she was just 13 years old. While Sean Diddy Combs is currently lodged in jail awaiting his trial for racketeering and sex trafficking, this is the very first time Jay-Z has been publicly implicated in any allegations against him. Also Read: Dexter: Original Sin: Check confirmed premiere date, time, episode schedule and where to watch

An appeals court in Louisiana has ruled that Nasdaq can’t require diversity on the boards of companies that list on the exchange

After ringing the opening bell at the New York Stock Exchange on Thursday, President-elect Donald Trump stopped short of telling investors to buy more stock as he gets set to take office.

Subscribe to enjoy similar stories. Inflation played a starring role in last month’s election, and part of Donald Trump ’s pitch was that he would cool things off. “I won on groceries," the president-elect said in an interview Sunday on “Meet the Press." In his nomination-acceptance speech at the Republican National Convention in July, Trump said he would “end the devastating inflation crisis immediately." Despite his pledge to lower inflation, if Trump follows through on some of his tariff and immigration plans , economists worry he might do just the opposite .

U.S. applications for unemployment benefits jumped to their highest level in two months last week but remain low relative to historical standards

President-elect Donald Trump is back in his hometown of New York where he's been honored as Time magazine’s Person of the Year and will ring the opening bell at the New York Stock Exchange

Cyber officials are advising people to use encryption in their communications after a sprawling hacking campaign

Fewer grandparents were taking care of grandchildren, there was a decline in the number of preschoolers and more people were staying put in their homes in the first part of the 2020s compared with the last part of the 2010s

The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs

Wall Street is pointing slightly lower ahead of another U.S. inflation report and an expected interest rate cut by the European Central Bank

Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago

Donald Trump is all set to take charge as the 47th President of the United States. The swearing-in ceremony will be held on January 20. High-profiled guests are expected to attend the event. The Kremlin said on Thursday that Russian President Vladimir Putin had not received an invitation to attend the January 20 inauguration of the U.S. President-elect Donald Trump. CBS, citing multiple unidentified sources, said that Trump had invited Chinese President Xi Jinping to attend. Meanwhile, President-elect Trump, who has both derided Time magazine and pined for its approval, was named the publication's person of the year on Thursday.

Capital Group on Thursday exited Neuland Laboratories by selling 3.77 per cent stake in the company for Rs 756 crore through an open market transaction. Neuland is a leading global API Contract Development and Manufacturing Organisation. US-based Capital Group through its arm SmallCap World Fund Inc offloaded shares through a bulk deal on the National Stock Exchange (NSE).

AI companies, once Reddit's biggest frustrations, now are a key source of growth for the social-media platform. These companies have an insatiable appetite for online data to train their models and display content in easy-to-digest format, reports The Wall Street Journal. ALSO READ:Inside Boeing's struggle to make its best-selling plane again

Trump and his new Middle East envoy, billionaire Steve Witkoff, has partnered with a crypto platform that authorities and financial experts say has been used by criminals and Iran-backed militant groups Hamas and Hezbollah. World Liberty Financial Inc, founded by the Witkoff family two months before November's U.S. election with Trump as a financial beneficiary, presents concerns over ethics and conflicts of interest, say six specialists in U.S. government ethics. Among their biggest concerns is World Liberty's new partner: Tron crypto platform.

The Consumer Financial Protection Bureau on Thursday announced the final version of a rule limiting banks' ability to charge overdraft fees. It says the rule will save American consumers $5 billion annually.