Usa Financial News

India and the US have decided to extend a 2 per cent equalisation levy or digital tax on e-commerce supplies until June 30, the finance ministry said on Friday. In a major reform of the international tax system, India and the US have joined 134 other members of the OECD/G20 Inclusive Framework (including Austria, France, Italy, Spain, and the UK) in reaching an agreement on October 8, 2021, on the statement on a two-pillar solution to address the tax challenges arising from the digitalisation of the economy. On October 21, 2021, the US and Austria, France, Italy, Spain, and the UK reached a political compromise on the transitional approach to the unilateral measures in force while Pillar 1 is implemented. On November 24, 2021, India and the US agreed that the same terms that apply under the October 2021 Joint Statement shall apply between India and the US with respect to India's charge of 2 per cent equalisation levy on e-commerce supply of services and the US' trade action regarding the said Equalisation Levy.

South Africa, also known as the Proteas very rarely qualify for the finals of ICC tournaments and have lost on countless occasions rather than securing victory because as the legend goes, the choke at the last moments of the game. Meanwhile, India is still reeling from the ICC World Cup final loss against Australia, a defeat they still have not been able to digest. Now, both these teams are going to participate in the finals of this coveted ICC T20 World Cup Final and would aim to win it for their respective nations. Watch T20 World Cup Live in USA on 'Willow By Cricbuzz'

Joe Biden and former President Donald Trump are set to face off once again on the debate stage this September.

Shifty Shellshock, the frontman of the rap rock group Crazy Town, has died due to an accidental overdose. The revelation was made by the band’s manager, Howie Hubberman, shedding light on the tragic end of the musician whose real name was Seth Binzer.

Amazon Prime Day 2024 will be held on July 16 and 17 when steep discounts on home goods, electronics, kitchen tools and appliances, will be offered. But before that, the retail giant has offered discounts on almost all items from AirPods to air fryers, baby clothes to beauty products, and Waterpiks to Vitamix. The company has put together a list of the best early Prime Day deals on brands like Apple, Ninja, KitchenAid, and many more, reports the 'New York Post.'

US Presidential debate between the two presidential nominees, Donald Trump and Joe Biden has ended on a negative note for the Democrats. Many of the legislators and donors have called for replacing incumbent President Joe Biden on the ballot box, ahead of the presidential election in November 2024. Joe Biden appeared to have fumbled on many occasions and was found to be nervous during the debate. The Democrats will be announcing the name of their presidential nominee during the Democratic Party National Convention in August. President Joe Biden is expected to be the nominee. The party may consider other candidates after the debacle yesterday in Atlanta.

Jesse Powell, one of the co-founders of the popular cryptocurrency exchange Kraken, has announced a donation of $1 million to Republican presidential candidate Donald Trump, with the majority of the contribution made in the form of Ether.

Bitcoin (BTC) recently halted its losing streak and gained mild bullish traction around $61,500, reaching an intraday high of $62,150, suggesting chances of a bullish Bitcoin price prediction.

Stocks inched higher on Wall Street as markets wait for a key report on inflation

A US District Court judge has signed off the settlement two months after a jury found Terraform and Kwon civilly liable for fraud after the $40 billion collapse of the company and its ecosystem.The collapse happened after, in May 2022, the TerraUSD stablecoin was de-pegged from the US dollar, prompting it and Terraform’s other tokens to plummet to close to zero in value, leading to "devastating losses to countless investors," says the SEC.Terra's implosion also set off a series of devastating events for the crypto industry, causing the failure of crypto hedge fund Three Arrows Capital which, in turn, hit Genesis Global Capital and FTX.SEC Chair Gary Gensler says: “Terraform and Do Kwon’s fraudulent activities caused devastating losses for investors, in some cases wiping out entire life savings. Their fraud serves as a reminder that, when firms fail to comply with the law, investors get hurt."The judgement, to which Terraform and Kwon consented, includes $4.05 billion of disgorgement plus interest, and a $420 million civil fine for the company.

It almost didn't seem to matter that CNN's Dana Bash and Jake Tapper were on stage for the much-awaited presidential debate between Joe Biden and Donald Trump

Families of the 346 people who died in two crashes of Boeing 737 Max jetliners are waiting to hear if the Justice Department will prosecute the U.S. aerospace company

Mongolia, where parliamentary elections are being held Friday, is a sparsely populated and landlocked Asian nation known for its bitter winter cold and independent spirit

Situated in the bustling Sunview Plaza, Chili's brings America's favorite casual dining experience to the heart of Ludhiana. The new restaurant offers seating for 144 guests, featuring both indoor and outdoor options, where patrons can enjoy their favorite Tex-Mex dishes in a vibrant atmosphere. The restaurant's design blends contemporary and industrial elements, with charming brickwork and sleek metal frames that create a warm and inviting ambiance. Chili's Ludhiana welcomes guests from 12 p.m.

The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said in a slight upgrade from its previous estimate

Crossmark Global Investments chief market strategist Victoria Fernandez analyzes the state of the consumer ahead of the June FOMC meeting on 'Making Money.'

Global money laundering body FATF on Friday said it added Monaco and Venezuela on its so-called grey list with countries under special scrutiny. Both countries now made high-level political commitments to work with the body and implement an action plan to strengthen the effectiveness of their regulation, the FATF said.

Indian rupee ended stronger on Friday, aided by inflows spurred by the inclusion of the country's bonds into the JPMorgan emerging market debt index. The rupee closed at 83.3825 against the U.S. dollar on Friday, up nearly 0.1% from its close at 83.46 in the previous session.

The approval of spot Solana exchange-traded funds (ETFs) in the United States has the potential to drive the price of SOL up 9x, according to crypto market maker GSR Markets.

Crypto donations have emerged as a prominent trend in the 2024 presidential election campaign.

Around 61 million Iranians are eligible to vote in the polls where reformist Masoud Pezeshkian, 69, hopes for a breakthrough win against a divided conservative camp.