Usa Financial News

Growing concerns about the US economy which have reignited talk of recession – and this week’s market volatility – are weighing on sentiment of retail investors in equities.

job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year:

To assess their real estate attractiveness and growth potential for the next five to six years, Colliers India has analysed over 100 emerging cities in its latest report, «Equitable Growth and Emerging Real Estate Hotspots.» From this pool of over 100 cities, 30 emerged as high-potential growth centres. Notably, 17 of these cities are expected to witness accelerated real estate development across three or more asset classes. The 17 emerging real estate hotspots are spread across the country. They are Amritsar, Ayodhya, Jaipur, Kanpur, Lucknow, and Varanasi in the North; Patna and Puri in the East; Dwarka, Nagpur, Shirdi, Surat in the West; and Coimbatore, Kochi, Tirupati, Visakhapatnam in the South and Indore, says Colliers India report.

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

Speaking to reporters at his Mar-a-Lago residence in Florida on Thursday (8 August), Trump said: «I feel the president should have at least [a] say in there», according to reports by Reuters. «I think that in my case, I made a lot of money, I was very successful, and I think I have a better instinct than in many cases, people that would be on the Federal Reserve or the chair.» Global small-cap stocks resurgence put to the test by US recession concerns Although the Fed chair and its six other members are nominated by the president and subject to confirmation by the US Senate, they a...

JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks, the initial phase of a broader plan to inject the technology throughout the sprawling financial giant.

During periods of high inflation and interest rates, a carry trade allows companies and investors to borrow capital via a currency with a low interest rate, such as the Japanese yen, which a London-based futures trader told Investment Week has been «the underlying driver of the sell-off». This low-yielding currency is then converted to fund investments in higher earning assets, such as US stocks, allowing traders to profit from the interest rate differential between the two currencies.  The Bank of Japan's decision to raise its interest rate to 0.25% on 31 July, coupled with some poor...

detained in Vienna in connection with investigations into an alleged plot to strike a Taylor Swift concert in the Austrian capital, the interior ministry said on Friday. The Iraqi national is said to have come from the same circle as the main suspect, a 19-year-old Austrian with North Macedonian roots, according to the ministry. The main suspect, who had vowed loyalty to Islamic State (IS), was planning a lethal assault among the estimated 20,000 «Swiftie» fans set to gather outside Vienna's Ernst Happel Stadium.

When I started working on the JP Morgan Emerging Markets investment trust in 1994, the concept of emerging markets was a niche, almost esoteric, part of the investment landscape. Today, it is an essential component of global finance, and understanding this evolution is key to navigating the future of investing in these dynamic regions. The evolution of emerging markets In the early 1990s, the notion of investing in emerging markets was met with scepticism. Many of my colleagues were puzzled by my decision to venture beyond the USA or Western Europe. Back then, investing in Spain ...

According to the half-year results published today (8 August), the vehicle's net asset value rose 28% between January and June, compared to a 27% gain for the Dow Jones World Technology index. The performance was driven by the vehicle's overweight exposure to semiconductors and underweight exposure to tech hardware. Meanwhile, its share price total return was 30.6%, as the trust's discount slightly narrowed from 10.3% at the end of 2023 to 8.4% on 30 June 2024. According to the Association of Investment Companies, ATT's discount has continued to narrow further, standing at 4.8% at ...

₹22,000 crore, over five times its trailing twelve-month sales, which should help meet its guidance of 20-25% revenue growth for FY25. Increasing share of commercial ships, which now account for 25% of order book with the rest coming from defence, has helped improve Cochin Shipyard’s order book position. The company is gaining from its higher focus on the export market, primarily Europe.

gender controversy at the Paris Olympics, BBC host Steve Backley found himself in the spotlight for using incorrect pronouns when introducing American shot putter Raven Saunders during the 2024 Paris Olympics. Saunders, 28, who identifies as non-binary and uses «they/them» pronouns, was competing in the women’s shot put qualifying round when the incident occurred. Saunders, known for their silver medal win at the Tokyo Olympics and their bold, colourful persona, appeared on the field with hair dyed green and purple and a mask covering much of their face. Backley, however, repeatedly referred to Saunders as «her» during the broadcast, prompting his co-host, Jazmin Sawyers, to correct him live on air. Sawyers gently reminded him, saying, «Raven Saunders is actually non-binary and wearing the mask there, we’re quite used to seeing them with interesting attire.»

Read this | HNIs pivot towards early-stage startups as late-stage entities face correction Shiprocket, Tribe and Koch did not immediately respond to Mint’s request for a comment. Globally, investors are increasingly turning their attention to India, seeking to capitalize on the country’s promising investment landscape. Mint has reported that firms like London-based Pantheon Ventures and US-based HarbourVest Partners have expressed intentions to ramp up their investment activities in India.

commercial real estate investment platform Property Share has received the Small and Medium Real Estate Investment Trust (SM REIT) license from the Securities and Exchange Board of India (SEBI) under the newly notified SM REIT regulations. The fractional ownership platform (FOP) has received the capital market regulator’s approval under the name of Property Share Investment Trust (PSIT) and has become the first entity to secure the same. Property Share will become the investment manager to PSIT. “Any regulated product comes with significant benefits for investors like high-net-worth requirements for the investment manager, compliance and reporting standards, transparency, investor protection mechanisms, and marketing restrictions. We look forward to continue working closely with SEBI in launching the IPO of the first SM REIT scheme in the weeks to come,” said Kunal Moktan, co-founder of Property Share

PSU stocks, and other export-oriented industries. They attribute potential declines to stretched valuations, a looming economic crisis in the US, reverse yen carry trades, and geopolitical flare-ups. In the past week, global markets have experienced a significant sell-off due to disappointing economic data from the US, the Bank of Japan's unexpected 25 bps rate hike, and the assassination of Hamas Political Bureau chief Ismail Haniyeh in Tehran.

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

Nobel laureate Muhammad Yunus was sworn in as the head of Bangladesh's interim government on Thursday. This follows protests that led to the ouster of former Prime Minister Sheikh Hasina earlier this week.

Even as the US central bank seems set to pivot to monetary easing soon, the Reserve Bank of India (RBI) appears in no hurry to do likewise. Its Monetary Policy Committee’s (MPC) decision on Thursday showed no sign of softening its inflation focus. Not only did it leave the central bank’s repo rate—through which it modulates short-term lending to regular banks—unchanged for the ninth successive time at 6.5%, it hasn’t budged on its long-held “withdrawal of accommodation" stance.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

merchant payment companies are scouting for business opportunities outside the country as margins turn wafer-thin amid rising domestic competition. Pine Labs, Juspay, CC Avenue and FSS have set up operations outside India and are also hiring senior talent for these markets, which they hope will be their new growth drivers. Aiding the push is the growing acceptance of Indian payments technology worldwide. In India, these merchant payment companies have been losing out on major revenue generation opportunities due to competition from popular payment modes like Unified Payments Interface (UPI) and RuPay debit cards which do not attract a fee. The government has also reduced the budgetary allocation for payment subsidies.