Usa Financial News

31.07 / 19:32

Us Treasury Bitcoin How Senator Lummis’s 1 Million Bitcoin Purchase Plan Will Actually Play Out: Draft Bill

United States Senator Cynthia Lummis (R-Wyoming) revealed a draft bill to CoinDesk on July 31, outlining a plan to establish a federal stockpile of 1 million Bitcoin—a plan substantially different from what her initial comments suggested.

31.07 / 18:27

Manufacturing security Strategy economy electronic 2020 International Chinese FDI Pe Charcha: The debate on Chinese investments in India

Economic Survey dropped a political clanger by arguing that getting FDI from China could help India improve its participation in global supply chains through exports. The strategy document notes that many companies have adopted a 'China+1' strategy to reduce reliance on Beijing for advanced electronic items and components. While India may not be an immediate 'beneficiary' of this approach to diversify manufacturing away from China, GoI's PLI scheme, taxation holidays and subsidies have significantly attracted companies to invest in India.

31.07 / 18:02

Twitter Cooper Election Discover information stars reports Is AI the hidden key to discovering alien life? Major predictions and global space efforts revealed

Athos Salomé has made a number of predictions, such as the passing of Queen Elizabeth, Elon Musk acquiring Twitter, and Spain winning the 2024 European Championship. He said that governments and religious institutions will have to deal with the moral ramifications of finding extraterrestrial life between 2026 and 2028. This is his most recent prediction, as per the reports of Daily Star.

31.07 / 18:00

security Election Death voice peace Job done, stop Israel from over-overkill

Hamas political chief Ismail Haniyeh in Tehran and Hezbollah commander Fuad Shukr in Beirut within hours of each other on Tuesday-Wednesday, Israel has successfully conducted what it had purportedly set out to do: take out what lay at the core of the Hamas October 7, 2023, attacks on Israel that led to more than 1,000 deaths and over 250 people taken hostage by the Palestinian terrorist group. In the process, Tel Aviv has pushed the region further to wider conflict. Predictably, Iran has vowed vengeance. It is now the job of Israel's allies, especially the US, to ensure that Tel Aviv doesn't go for an over-overkill. Further escalation must be nipped in the bud.

31.07 / 17:38

Entertainment wellness electronic Department Equality Courts Pennsylvania casinos ask court to force state to tax skill games found in stores equally to slots

The owners of twelve Pennsylvania casinos are asking the state’s highest court to declare that a tax on slot machine revenue is unconstitutional because the state doesn’t impose it broadly on cash-paying electronic game terminals known as skill games t...

31.07 / 16:38

Universities Ballard show performer reports Department Updates Bosh Spinoff: Exciting new character added to Renée Ballard’s chapter | Plot & cast

Renée Ballard, has just received a significant update. According to Variety, John Carroll Lynch has been cast as a series regular in the show. Lynch will play the role of Thomas Laffont, a retired police partner who returns to assist Ballard in managing the newly established Cold Case Department.

31.07 / 16:33

markets Platform Healthcare Trade reports Vaccines Pharmaceuticals Mankind Pharma net profit jumps 10% to Rs 543 crore inQ4 to Q1

Mankind Pharma on Wednesday reported a 10% year-on-year (YoY) jump in net profit to Rs 543 crore in Q1FY25 led by strong domestic formulation sales. The drug maker reported net profit of Rs 494 crore in the corresponding period of previous year.

31.07 / 15:31

Aviat Manufacturing CEO Airlines Boeing rock reports Boeing names new CEO as it posts more than US$1.4B loss in 2nd quarter

Boeing named a longtime aerospace industry veteran as its next chief executive, who will take over a company that has been rocked by legal, regulatory and production problems.

31.07 / 15:22

markets COST Strategy Trade country cover Equality EU suggestion on India’s carbon tax will not help local companies: GTRI

GTRI) Wednesday suggested India to use a twin strategy of a calibrated retaliation mechanism (CRM) to retaliate in equal measure and renaming some ongoing schemes as carbon taxes to deal with the EU’s climate taxes. It said that the EU’s suggestion that India could avoid its carbon tax by imposing a similar levy locally, will not help the domestic players much, as they would still be liable for the duty for their exports to the bloc.

31.07 / 13:09

COST UPS Extreme Strategy Allianz wellness Why clients really want to talk to their advisor about the weather

Weather is a common component of small talk, but few advisors would prioritize it in a retirement planning conversation with their clients. That could be a mistake.

31.07 / 12:52

UPS students Olympics Schools Colleges athletics fencing Everyone on this US Olympic team went to Harvard

PARIS—Harvard is known for producing American presidents, Nobel Prize winners and people who love to remind you that they went to Harvard. It’s not known for churning out the world’s greatest athletes. In fact, Harvard is about as much of a factory for American sports talent as the Sorbonne.

31.07 / 12:43

markets ETF security economy Research Trade Universities Wall Street veteran ‘Dr Doom’ to enter $9.4T ETF space

Economist Nouriel Roubini, who earned the “Dr. Doom” moniker for his warnings of disaster ahead of the 2008 financial crisis, is looking to become the latest high-profile Wall Street veteran to make their mark in the $9.4 trillion ETF universe.

31.07 / 12:42

markets UPS pandemic Trade reports Traffic Despite tight budgets, Americans still want their cup of Joe

Starbucks Corp. delivered results that were in line with expectations, assuaging investors who had been bracing for another meltdown after being blindsided by the previous quarter’s slump.

31.07 / 12:37

Adoption Man Progressive Research Women trends reports Women in Crypto Earn 15% More, Pantera Survey Reveals

Women in crypto are earning nearly 15% more than their male counterparts on a median salary basis.

31.07 / 12:26

UPS Food Eurozone inflation creeps up to 2.6% in July

A dramatic jump in energy inflation was one of the key instigators of this inflation, rising from 0.2% to 1.3%, according to data from Eurostat. Non-energy industrial goods also climbed marginally from 0.7% to 0.8%, while services inflation, which has remained sticky across the Eurozone, US and the UK, nudged down from 4.1% to 4%, back to its February and March levels. Food, alcohol and tobacco prices for consumers also fell slightly to 2.3%, compared to 2.4% a month before. European Central Bank stands firm as it holds interest rates at 3.75% Prior to the inflation reading, t...

31.07 / 11:31

Ethereum Decentralization Matt Wright, CEO of GaiaNet, on AI Agents Surpassing Number of Humans, Two Camps Within Decentralized AI, and Monetization Tools | Ep. 356

In an exclusive interview with Cryptonews Podcast, Matt Wright, the CEO and co-founder of GaiaNet, an AI infrastructure project that aims to decentralize current AI agent software, discussed the increasing institutional recognition and adoption of Ethereum.

31.07 / 11:25

Binance SEC solana security information Courts Investigations No Evidence SEC Has Reclassified SOL as Non-Security, Says Variant Fund’s CLO

The United States Securities and Exchange Commission (SEC) has not definitively classified Solana (SOL) as a non-security, despite retracting its request for a court ruling on the matter as part of its ongoing lawsuit against Binance.

31.07 / 10:33

COST UPS Citi Fox wellness reports Department Inflation in the US is highest and lowest in these cities

O'Leary Ventures Chairman Kevin O'Leary reacts to the Biden administration’s latest claim that corporations are the cause of sky-high inflation on 'Varney & Co.'

31.07 / 09:43

markets UPS Ethereum CEO Trade Bitcoin Updates Bitcoin trades near $66,000 ahead of US Fed meeting outcome

cryptocurrency markets traded lower on Wednesday, with Bitcoin and Ethereum leading the decline. At 1:48 pm IST, Bitcoin (BTC) was trading 1.3% lower at $66,088, while Ethereum fell nearly 1.11% to $3,313. Meanwhile, the global cryptocurrency market cap dropped by 0.71% to around $2.39 trillion in the last 24 hours.

31.07 / 09:38

markets UPS economy Trade show recommendations India steps up push to make rupee a power player, but the road is long

mechanism to allow trade settlement in rupees. An important headway came in December 2023 with India’s first-ever rupee payment for oil from the United Arab Emirates, a major trading partner. Earlier, an RBI panel also gave recommendations, some of which led to the central bank announcing in May a plan to allow non-residents to open rupee accounts.

31.07 / 09:27

markets COST Manufacturing Trade War country reports Made-in-India fights a battle of tags on American, European shelves

supply chains after the pandemic and due to geopolitical reasons has given India a chance to make in India for the world. It's not just China. Other Asian countries such as Vietnam and Bangladesh are also formidable incumbents. Traditionally, other Asian countries have had an edge over India due to various reasons such as cheaper labour, less rigid labour market and free trade agreements. But now India too is becoming an attractive source of goods for Western countries.

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