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Bank of America is betting heavily on behalf of the American economy as it has claimed that the US economy is poised for solid growth in the coming year, with chances that the annualized rate of economic growth could surge to 2.4% in 2025, instead of the usual 2% every other year, according to a Bloomberg report. The US economy-related predictions from Bank of America comes in even after there are growing concerns about Donald Trump's economic policies which are reportedly inflationary in nature. The various campaign promises about illegal immigration, imposing tariffs on foreign imports, along with tax cuts for corporations, could all pile up and generate a condition for an epic inflation in the American markets in 2025, according to many market experts. Also Read: This property in the US is the most expensive; here is its whopping cost, is it worth that much? Finding a buyer may be difficult

Swiss Re Institute report «Changing climates: the heat is (still) on», the Philippines and the US are the most economically vulnerable among 36 countries analyzed. This vulnerability is driven by the increasing severity of weather-related catastrophes like floods and tropical cyclones.

Manchester United versus Arsenal EPL match is scheduled to kick off at 3.15 pm (ET) at Emirates Stadium on Wednesday, December 4. The soccer game between Arsenal and Manchester United will be live streamed in the US on Peacock. Arsenal are likely to win the game against Manchester United.

Subscribe to enjoy similar stories. Several of President Biden’s close confidants for months said privately that they expected him to pardon his son Hunter, even as he publicly insisted he wouldn’t. But a number of recent events clinched his decision to act despite the likely public backlash, people familiar with the matter said.

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Anti-Defamation League (ADL) CEO Jonathan Greenblatt says a new study found Jewish American job candidates needed to send 24.2% more applications to receive the same number of positive first responses from employers.

From Donald Trump’s promises of a national Bitcoin stockpile to Kamala Harris’ support of a regulatory framework for digital assets, the two US presidential hopefuls have different stances on the future of crypto. 

Trump reportedly suggested to the Canadian PM that if a tariff for failing to address trade and immigration issues would kill the neighbor to the north’s economy, maybe it should become the 51st state, according to Fox News sources. Trudeau and other officials nervously laughed at Trump's joke. Trump was joking when he suggested Canada become the 51st U.S. state during a dinner with Justin Trudeau, a Canadian minister who attended their recent dinner said Tuesday.

HEG and Graphite India, surged 14.2% and 7.5% respectively on Wednesday following China’s decision to implement a stricter review process for graphite exports to the U.S. This move raised expectations that the restrictions could increase demand for Indian graphite producers. HEG’s shares jumped 14.2% to a four-year high of Rs 569.70 on the BSE, while Graphite India rose 7.5% to Rs 613.05.

«I would simply say in conclusion that Donald Trump does not like a strong dollar. When he talks about the dollar, he says he would want it to go down. So, if it does keep going up, I think that he would not like that very much,» says Mark Matthews, Julius Baer. What looks like a buy America, sell emerging market trade looks like it is reversing. In last couple of days, emerging markets and especially India, they have made a comeback. So, do you think the transition what we saw after Donald Trump got elected, that long dollar trade, is that getting over? Is that getting rusty? Mark Matthews: Hard to say. There are so many moving parts to this incoming administration. But on a fair value purchasing power basis, the dollar is slightly overvalued. So, fundamentally, it should not go up anymore. But if this Trump administration really ignites the animal spirits of the US economy, if they remove sanctions, which they may do, which would attract more buying of treasuries, and if they introduce tariffs, all of that would conspire to the dollar going up more.

The draft resolution 'Peaceful settlement of the question of Palestine' tabled by Senegal was overwhelmingly adopted in the 193-member General Assembly on Tuesday. India was among the 157 nations that voted in favour, while eight Member States — Argentina, Hungary, Israel, Micronesia, Nauru, Palau, Papua New Guinea and the United States voted against it.

New research shows that nearly three out of 10 U.S. drugstores that were open during the previous decade had closed by 2021

Enron, the Houston-based energy company that exemplified the worst in corporate fraud and greed in America after it went bankrupt in 2001, is coming back

Asian markets are mostly lower after overnight political drama in South Korea added to regional uncertainties

China has announced a ban on exports to the United States of gallium, germanium and other key high-tech materials with potential military applications

The federal government has closed its investigation into an E

Bank of America has teamed with FIFA for a second time

U.S. stocks tiptoed to more records after a quiet day of trading

RBI has largely been following a data-driven and evidence-based approach in its pursuit of a contextually relevant Policy, a Policy stemming from the concerns at the time of formulation and an attempt to arrive at judicious Policy prescriptions. With an uncanny ability to connect the dots and draw meaningful inferences, it is not difficult to predict the shape of things likely to come as I have done repeatedly for the last several years. But this time is different, the choices are not so stark and we are confronted with the cognizable Shakespearean dilemma of “to be or not to be”. No wonder, then, opinion about the Policy move is divided: some believe that a rate cut is necessary to shore up a flagging economy; others maintain that given the ravages of the inflationary spiral, an unchanged rate would best serve the objectives of the central bank.

INDIA bloc parties protested on the Parliament premises on Wednesday over the Adani indictment issue and called for a joint parliamentary probe into the matter. MPs of the Congress, AAP, RJD, Shiv Sena (UBT), DMK and the Left parties, among others, raised slogans in favour of their demand and held a banner reading «Modi-Adani are one» at Parliament's Makar Dwar. The TMC kept away from the opposition protest. Leader of Opposition in the Lok Sabha Rahul Gandhi was not part of the protest. He left for the violence-hit Sambhal district in Uttar Pradesh along with a Congress delegation in the morning. The Lok Sabha Secretariat on Tuesday issued an advisory urging the MPs not to hold protests in front of Parliament gates, saying that such obstruction of movement could affect their safety and security.

foreign inflows offset the impact of a strengthening greenback. A strengthening dollar against overseas currencies and a rise in Brent crude in international markets capped further gains in the local unit, while a positive trend in domestic equity markets prevented a drop in the currency. Forex traders said the rupee has been on a downtrend largely on the back of Donald Trump's rhetoric on BRICS currency, political instability in the Eurozone, weaker domestic macroeconomic indicators and unabated foreign portfolio outflows.