Usa Financial News
24.09 / 16:33
24.09 / 16:21
markets
economy
Sustainability
Trade
President
Experts
innovations
Need lower tariffs, harmonisation of norms to boost Indo-US agri trade: Experts
lower tariffs and harmonisation of local norms to boost the trade between the two major global economies. Addressing a session on agro-processing at the 21st Indo-US Economic Summit organised by the Indo-American Chamber of Commerce (IACC), ITC Ltd's Agri-Business Division Vice President of Value Added Products Sanjeev Bisht identified key concerns, including recent Red Sea-related supply chain disruptions, the absence of a free trade agreement, and local quality norms. «If we want to increase exports, we need to understand the quality concerns of that country,» Bisht said, stressing the importance of harmonising standards between India and the US. Bisht also emphasised the need for sustainability and technology integration to boost productivity while reducing ecological impact. He suggested that combining innovations in artificial intelligence with agriculture could open new avenues for growth, an official statement said.
24.09 / 16:21
markets
UPS
Manufacturing
economy
Trade
social
Xi Jinping’s economic adrenaline shot is only buying China a little time
Pan Gongsheng unleashed one of the country’s most daring policy campaigns in decades. In what amounts to a massive adrenaline shot for an economy on the cusp of a deflationary spiral, the governor of the People’s Bank of China and other top financial officials unveiled a series of easing measures that market watchers had wanted for weeks at a rare, high-level press conference on Tuesday in Beijing. They include interest rate cuts, more cash for banks, bigger incentives to buy homes and plans to consider a stock stabilization fund. Markets on the mainland and in Hong Kong soared, with the CSI 300 Index — a benchmark of onshore Chinese stocks — posting its biggest gain since July 2020. US equity futures advanced and European stocks climbed on the back of sectors with heavy exposure to China, including manufacturers of automobiles and luxury goods.
24.09 / 15:39
SEC
security
Invesco
WhatsApp
CIBC
electronic
Investigations
CIBC and two other firms pay millions to settle U.S. WhatsApp probes
U.S. regulators levied more than US$118 million in penalties against several financial firms for failing to keep employees’ electronic communications, the latest fallout from the so-called WhatsApp investigations.
24.09 / 15:17
markets
Racing
Election
President
Experts
reports
U.S elections: Harris may be leading Trump nationally in all polls, but she may be faltering in swing states; that's the key
Kamala Harris is far ahead over her opponent former President Donald Trump in the US election 2024 race according to the national poll survey which was conducted by the NBC News. According to Independent, reports are claiming that the voters who have not chosen a side until July are finally gaining some clarity regarding whom to vote resulting in Kamala Harris up by five percentage points over Donald Trump. Following the last poll survey conducted by NBC in July, it has been noticed that Vice President Kamala Harris’s standings has been improved by a huge figure of six points in September whereas, Donald Trump’s number are seen to be staying the same from the last two months, reported Independent. Also Read: Sean 'Diddy' Combs is not eating in jail; is he scared of poisoning, or on a hunger strike?
24.09 / 15:17
markets
economy
Election
wellness
President
RAI
US consumer confidence unexpectedly falls in September
US consumer confidence unexpectedly dropped in September on labor market concerns, according to survey data published Tuesday, signaling dampening optimism about the economy as November's presidential election approaches. That could prove challenging for Democratic Vice President Kamala Harris given the economy remains a top issue for voters ahead of the election, in which she is running against Republican former president Donald Trump. The Conference Board's consumer confidence index fell sharply to 98.7 in September, down from a revised 105.6 last month.
24.09 / 15:17
markets
UPS
Fighting
President
War
Ukraine says its soldiers recaptured a Russian stronghold after hand-to-hand fighting
Vovchansk in Ukraine's northeast that had been occupied for four months, officials said Tuesday. The plant, a partly steel structure with some 30 buildings, had been a Russian stronghold in the Kharkiv border region since May when Russia sought to further stretch Ukraine's weary forces by launching a fresh push in the area. Taking back the plant was likely intended to demonstrate that Ukraine is not giving up the fight despite being outmanned and outgunned by the Russian army. The accomplishment coincided with Ukraine President Volodymyr Zelenskyy's trip to the United States where he is looking to ensure continuing foreign support for his country with the war deep into its third year.
24.09 / 14:51
CEO
Enterprise
Tesla
WhatsApp
SpaceX
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show
Elon Musk says his companies are looking to invest in Argentina
Elon Musk, the CEO of Tesla and SpaceX, said in a post on X on Tuesday that his companies were looking for ways to invest in Argentina and support the South American nation. Argentina is the world's fourth-largest producer of lithium, a critical component of electric vehicle batteries. Musk has previously showed admiration for Argentine President Javier Milei's libertarian politics and his full-throated embrace of private enterprise. The billionaire hosted Milei at a Tesla factory in Austin, Texas, in April.
24.09 / 14:51
markets
Reuters
security
President
War
reports
Trump says Ukraine President Zelensky is the greatest salesman in history, every time he comes to U.S, he walks away with $60 billion
Trump made a statement during a rally at Pennsylvania that Ukrainian President Volodymyr Zelensky is in support of the Democratic Party and wants to see Vice President Kamala Harris as the upcoming US President. According Reuters, Donald Trump also added that Volodymyr Zelensky is the best salesman, the world has ever seen because whenever Volodymyr Zelensky visits the US, he walks away with approximately $60 billion. President of Ukraine Volodymyr Zelensky is in US right now to attend the 79th session of UN General Assembly where some important decisions might be taken regarding the ongoing Russia-Ukraine War. Former US president Donald Trump’s camp claimed that Volodymyr Zelensky is having a wrong idea because only Donald Trump as a US President has the capacity of having a peaceful conversation with Russia which will eventually help Ukraine, reported Reuters. Also Read: If Trump loses U.S. elections, his son Donald Trump Jr. may be dumped by his girlfriend Kimberley Guilfoyle for adultery
24.09 / 13:07
markets
COST
President
social
Features
rights
Trump coins are being sold by the ex-President for $100, but the silver they are made of costs only $30
Donald Trump sells $100 coins, but the silver is only worth $30. The former president revealed on Saturday that he is selling ‘Trump Coins’ featuring his likeness to supporters for $100 each. The announcement comes after Trump Sneakers and ‘God Bless the USA’ Bibles went on sale earlier this year. Trump coins are created by him and minted right here in the United States, as stated by Trump in a post on Truth Social. The beautiful, limited-edition coin commemorates their movement, our fight for freedom, prosperity, and putting America first. Trump's face is on the coin's front. There's the White House on the back. The coin itself is 1.6 inches in diameter and is described as a 1 oz.999% silver medallion. As a result, the coin's precious metal is only worth $30. Also Read :JD Vance net worth: Donald Trump’s running mate has assets worth millions, bitcoin
24.09 / 12:43
BLOCK
Manufacturing
Volkswagen
Trade
show
country
Investigations
Gwyn Morgan: Robbing farmers to pay for battery-worker jobs
Last month, echoing a U.S. announcement three months earlier, the federal Liberals announced a 100 per cent tariff on the import of Chinese electric vehicles (EVs). China wasted no time striking back where it would hurt most, launching an anti-dumping investigation into Canadian canola exports. While there’s no evidence of dumping, there’s a very high likelihood the move is a procedural pretext to halting canola imports. China has long been the biggest canola buyer and was expected to purchase 70 per cent of this year’s bumper crop.
24.09 / 12:35
24.09 / 12:35
markets
MET
Digital
Action
security
President
peace
PM Modi's US visit highlights India's role in world diplomacy, says expert
Sachdev noted that India, under Modi's leadership, is taking a clear and active stance, adding that this shift is notable, as India, an Asian power, is in a position to mediate in a conflict in Europe. While speaking with ANI, Sachdev remarked that Prime Minister Modi's third term has marked a significant shift in India's foreign policy. He said, «Since PM Modi entered his third term, the gear of India's foreign policy has changed. In this changing environment, India has decided it will help solve the world's biggest challenges.»
24.09 / 12:21
markets
coinbase
security
information
reports
Features
International
Upbit to Store User Data on AWS Servers Starting October 1
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
24.09 / 12:01
24.09 / 11:15
Federal Reserve
Bank of Japan
Yen
Bitcoin
Bitcoin jumps while Japan holiday dulls most currencies
Bitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally after the Federal Reserve's super-sized rate cut last week, while the yen and most other major currencies stagnated with Japanese markets on holiday. The dollar strengthened against the yen last week after policy meetings in both the United States and Japan, hitting its highest level in two weeks at 144.50 yen. It was around 144.08 early on Monday.
24.09 / 11:05
COST
UPS
FIVE
Sustainability
Research
show
The ‘transition’ to green energy isn’t reducing carbon emissions
Subscribe to enjoy similar stories. Despite much hype, the much-vaunted green energy transition away from fossil fuels isn’t happening. Achieving a meaningful shift with current policies turns out to be unaffordably costly.
24.09 / 09:03
UPS
Ripple
economy
Trade
Experts
International
US grocery stores could be without popular fruit within weeks as 45,000 dockworkers threaten to strike
Check out what's clicking on FoxBusiness.com.
24.09 / 07:55
24.09 / 07:35
markets
Waters
Manufacturing
Food
show
innovations
rights
In charts: Can alternative proteins be the food of the future?
Subscribe to enjoy similar stories. In the world of alternative proteins, August was a month of milestones. India’s government approved the Biotechnology for Economy, Environment and Employment (Bioe3) Policy, with manufacture of “smart proteins" as a key focus area.
24.09 / 06:43
markets
Blockchain
Gap
information
reports
Department
Features
OpenAI’s newsroom account on X hacked
cryptocurrency scams. A post appeared on the ChatGPT maker's 'Newsmaker' account, advertising an OpenAI-themed crypto token called $OPENAI, directing users to a fake website. The cryptic post persuaded users that they could claim a share of its initial supply and gain uninterrupted access to upcoming beta programs. It featured a 'CLAIM $OPENAI' button that lured users to connect their cryptocurrency wallets, likely to harvest sensitive login information. “We’re very happy to announce $OPEANAI: the token bridging the gap between Al and blockchain technology,” the post said. “All OpenAI users are eligible to claim a piece of $OPENAI’s initial supply. Holding $OPENAI will grant access to all of our future beta programs.” There is no official statement from OpenAI or X yet.
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