Usa Financial News
05.12 / 16:53
markets
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Food
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New health panic in US? Salmonella-related illness count increases to 68, sliced cucumbers now called back from these stores
Reports are now saying that two produce companies that sold cucumbers, have now decided to recall their products, after dozens of people were sickened by it, as per reports. Also Read: From wedding rumours to the verge of breakup: Has Ben Affleck's marital discord led to trouble in the relationship between Jennifer Garner and John Miller? Here's what her friends are saying
05.12 / 16:39
05.12 / 16:17
Artificial Intelligence
European Commission
Bitcoin soars to all time high as markets sense Trump victory
Bitcoin has hit its highest value ever as early results suggest Republican nominee Donald Trump might be on course to win the 2024 US presidential election.
05.12 / 16:03
markets
CEO
Strategy
Software
Tesla
PAM
reports
Have you heard of him before? Who is the tech billionaire whom Donald Trump has picked to head NASA
billionaire entrepreneur Jared Isaacman to lead NASA while marking a significant shift in the agency's leadership, reported Associated Press. According to Associated Press, Jared Isaacman who is aged 41 is actually known for his close ties to Tesla CEO Elon Musk and has gained prominence as a private astronaut while having commanded two commercial spaceflights with SpaceX. It should be also noted that he conducted the first private spacewalk during a recent mission which further solidified his role in the burgeoning commercial space industry. Also Read: College football transfer outs world's fourth richest man Larry Ellison's fifth wife, who is she? Here's all you need to know
05.12 / 16:03
markets
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show
Ahead of Market: 10 things that will decide stock market action on Friday
stocks, which tracked optimism in global markets after positive comments from the U.S. Fed Chair and as domestic investors await the Reserve Bank of India's monetary policy decision on Friday. The benchmark S&P BSE Sensex gained 809.53 points or 1.00% to settle at 81,765.86, while the broader Nifty 50 index closed at 24,708.40, higher by 240.95 points or 1%.
05.12 / 15:33
UPS
Target
wellness
Justice
reports
Department
TD Bank fails to meet expectations as U.S. sanctions sting
Toronto-Dominion Bank on Thursday reported a fourth-quarter profit, but couldn’t meet analyst expectations in its first financial release since being sanctioned in the United States for failing to monitor money laundering activities.
05.12 / 15:17
COST
UPS
Manufacturing
Trade
President
bass
How tariffs threaten an American manufacturer’s big investment in Mexico
Subscribe to enjoy similar stories. More than a decade ago, the off-road vehicle maker Polaris surrendered its status as a 100% made-in-America company, gambling that it could add a Mexican factory without alienating customers. The move paid off handsomely.
05.12 / 14:27
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UPS
community
Trade
President
stage
country
EU chief in Uruguay for final talks on a huge trade deal with the South American Mercosur bloc
European Commission President Ursula von der Leyen has arrived in Uruguay for the final stages in years-long negotiations to clinch a trade deal between the 27-nation EU and the South American Mercosur trade bloc that would create a trans-Atlantic mark...
05.12 / 14:27
markets
UPS
economy
Nov
reports
Department
US applications for jobless benefits rise but remain at low levels
The number of Americans applying for unemployment benefits rose last week but remains at historically healthy levels
05.12 / 13:55
markets
Reuters
Software
economy
wellness
reports
Gold price to increase big time in December? Here's what we know so far
Gold prices in December may rise if the US Dollar goes into tepid mode. Meanwhile, gold rates remained steadied on Thursday, as per a report on Reuters. Spot gold held its ground at $2,649.69 per ounce, as of 1221 (GMT). The US gold futures also eased 0.1 per cent to $2,673.30. Investors held back from placing big bets ahead of the US non-farm payrolls data that could influence the Federal Reserve's interest rate trajectory as markets awaited this year's final policy-setting meeting. Traders are pricing in a 74 per cent chance of a 25-basis-point cut at the Fed's December 17-18 meeting, according to the CME Group's FedWatch Tool. Bullion, which does not pay any interest, historically performs well in a low-interest rate environment.
05.12 / 13:55
markets
UPS
security
Software
WhatsApp
reports
'Don't send message': FBI warns of texting risks between iPhones and Androids
FBI is warning people against texting between iPhones and Androids due to ongoing cyberattacks. The agency says messages sent from iPhone to Android and vice versa can be intercepted by hackers, the Mirror reported. The warning came days after reports of a large-scale Chinese espionage campaign in which phone data of over million Americans are said to have been scooped up by the hackers including that of a cabinet secretary and a White House Homeland Security Adviser. Hackers have reportedly accessed call and text metadata, and in some cases, message content too.
05.12 / 13:55
markets
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President
War
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Interviews
What is Tucker Carlson doing in Moscow again? Apparently he is trying to prevent World War III
Conservative commentator Tucker Carlson has returned to Moscow to interview the Russian Foreign Minister Sergei Lavrov just after nine months of his conversation with Russian President Vladimir Putin, reported Media ITE. According to Media ITE, in a pretty recent video posted on X (formerly known as Twitter), Tucker Carlson eventually expressed concerns about escalating tensions between the US and Russia while specifically criticizing the Joe Biden administration for supplying Ukraine with long-range ATACMS weapons. Also Read :Jennifer Lopez flashes massive diamond divorce ring, hints that she is single and ready to mingle
05.12 / 13:55
markets
Strategy
Software
reports
travelers
Investigations
International
The strange case of Hannah Kobayashi: Why was the California photographer reported missing?
Hannah Kobayashi, a Maui-based artist known for her mandala and geometric designs, began her journey on 8 November, flying from Maui to Los Angeles International Airport. She was scheduled to catch a connecting flight to New York City but never boarded. Police reported that Kobayashi had expressed a desire to «step away from modern connectivity» before her trip. Lt. Douglas Oldfield of the Los Angeles Police Department (LAPD) added, “Her social media posts suggested she wanted to disconnect from her phone.” After leaving the airport without her phone, Kobayashi visited several locations in Los Angeles, including The Grove shopping area and Union Station. She was last seen crossing the US-Mexico border on 12 November with her luggage.
05.12 / 13:25
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Food
information
Food processing sector attracts USD 368.37 mn FDI till Sep FY25
food processing sector received foreign direct investment (FDI) of USD 368.37 million till September of the current fiscal year, Parliament was informed on Thursday. Minister of State for Food Processing Industries Ravneet Singh Bittu in a written reply to the Lok Sabha said, Ireland invested USD 83.84 million, Singapore USD 48.45 million, Mauritius USD 41.65 million, the United States USD 38.60 million, Australia USD 20.18 million, and Mexico USD 9.59 million in April-September FY25. In FY24, FDI in food processing was USD 608.31 million.
05.12 / 13:25
05.12 / 13:05
markets
UPS
wellness
performer
reports
Commentary
BMO misses expectations on higher credit loss provisions, but raises dividend
Bank of Montreal on Thursday reported a fourth-quarter profit, but it wasn’t enough to meet analyst expectations as a larger-than-expected rise in provisions for credit losses took its toll.
05.12 / 13:05
UPS
Election
Trade
country
social
reports
When Trump threatens, Canada and Mexico go their own way
A week before Donald Trump fired off yet another tariff threat on his neighbours, Justin Trudeau and Claudia Sheinbaum had a chance to confer in person about how to tackle that very scenario. Would they join forces against their errant trading partner or was it going to be a case of every person for themselves?
05.12 / 13:05
markets
Digital
SEC
security
Election
Trade
Bitcoin
Bitcoin breaks through $100,000 milestone on Donald Trump’s pro-crypto pick for SEC
President-elect Donald Trump’s pick of a crypto proponent to be the next head of the United States securities regulator lifted Bitcoin to US$100,000 for the first time as traders warmed to the prospect of relaxed regulations.
05.12 / 12:55
Williams
Election
Scottish Mortgage downgraded from 'Positive' to 'Neutral' over scepticism about investment style
Despite the trust's share price having increased by 24% since early September, buoyed by the boost in US equities from the presidential US election, Stifel analysts Iain Scouller, William Crighton and Sachin Saggar said they «are taking a contrarian view» on the mandate. «Following this strong re-rating we are more cautious on the prospects for the investment style as we head into 2025, and wonder if many of these growth company stories are now starting to be priced for a perfect environment,» the trio of analysts said. Scottish Mortgage NAV dragged down by 11.3% average drop in priv...
05.12 / 12:55
UPS
FIVE
SEC
Bitcoin
reports
Bitcoin hits record high as Trump picks crypto enthusiast Paul Atkins for SEC chair
For the first time in its history, the cryptocurrency eclipsed the $100,000 mark, hitting a high of $103,853 earlier on Thursday (5 December), according to data from MarketWatch. At the time of reporting, bitcoin it up more than 3.4% on Thursday and has jumped over 8% in the previous five days. Atkins, a former SEC commissioner under George W. Bush, is renowned for his support of crypto and has previously made the case against excessive market regulation. Trump policies spark volatility for US Treasuries and add pressure to rising national debt levels In a post on his social m...
05.12 / 12:41
UPS
economy
wellness
Trade
country
International
OPEC+ oil alliance faces stagnant prices for crude while US drivers enjoy cheaper gasoline
The OPEC+ alliance of oil exporting countries is deciding on whether to produce more crude as members face sluggish demand and competing production from non-allied countries, factors that could keep oil prices stagnant into next year
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