Usa Financial News

The number of Americans applying for jobless claims rose last week, but layoffs remain at healthy levels despite lingering inflation and high interest rates

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, struggling to pay even the interest on their loans and often just a bad business hit away from dying off for good

Tentative signs have begun to emerge that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve’s inflation fighters: Companies are posting fewer available jobs, consumer spending has slipped and wage growth, while still he...

Prime Minister Narendra Modi — fresh from declaring victory in India’s election — offered few details on the agenda for his third term

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good

U.S. stocks drifted to a mixed close as Wall Street’s momentum cooled following its latest record-setting day

Russia alleged on Friday that Ukraine had used US-supplied rockets to kill women and children in a region of southern Russia, and said that Washington was to blame.

Jack Otter and «Barron’s Roundtable» senior writer Nicholas Jasinski discuss how rate cuts are looking unlikely for 2024.

Saurabh Netravalkar, the Indian-origin fast-bowler, led the USA cricket team to a historic victory against Pakistan in the ongoing T20 World Cup. This remarkable achievement garnered praise from tech giant Oracle, where Netravalkar works as a senior software engineer. Netravalkar's exceptional performance in the match, where he conceded just 13 runs, was lauded by Oracle on social media.

T20 World Cup, USA cricketer Rusty Theron on Friday accused Pakistan pacer Haris Rauf of ball tampering.

IT stocks jumped up to 5% on Friday and were the best sectoral performers catapulting Nifty to the day's high with a 409-point surge. The top contributor to the 50-stock index was Infosys while Wipro occupied the top spot in terms of percentage gains. Wipro and Persistent gained 5% each, while Infosys jumped over 4%. All 10 shares in the Nifty IT index were in the green. The index also shot up 3.5% to the day's high of 23,230.15.

short positions by FPIs have resulted in lower double-digit positive return possibilities for the Nifty in a year, believes domestic brokerage firm ICICI Securities, while stating that rising fear in terms of high VIX. “Our one-year forward (May’25) target for NIFTY50 stands at 24,900 (20x P/E multiple) and implies a ~10% upside, against the long-term expected returns of 14%,” said ICICI Securities in a report.

cricket fans, business tycoon Anand Mahindra was also in a jovial mood as the American cricket team vanquished its Pakistani counterpart in a Super Over finish at the 2024 T20 World Cup game in Texas on Thursday.

Ministry of Commerce and Industry took center stage at the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum, held at the iconic Marina Bay Sands in Singapore.

Yemen's Houthi rebels under unclear circumstances, authorities said Friday, as the rebels face increasing financial pressure and airstrikes from a US-led coalition. Others working for aid groups also likely have been taken. The detentions come as the Houthis, who seized Yemen's capital nearly a decade ago and have been fighting a Saudi-led coalition since shortly after, have been targeting shipping throughout the Red Sea corridor over the Israel-Hamas war in the Gaza Strip.

Ethereum spot ETFs got approved in the US signaling that the altcoin market is about to get its due recognition and adoption. Bitcoin has crossed $70,000 again and is within 5% of its all-time high. Key altcoins (Ethereum, Solana and Cardano) are still 20-30% off their 2021 highs even as BNB looks to enter price discovery mode. The overall crypto market, currently at $2.6 trillion, looks to exit its consolidation phase and push towards a strong second half of the year. To maximize your crypto returns, it is prudent to allocate a decent share to emerging and upcoming narratives that potentially drive value in the ecosystem. Today, we cover the trend of AI and tokens that can leverage its narrative along with the continued focus on RWAs and memecoins. While we do the crystal gazing, we encourage investors to understand the risks and growth potential associated with each asset and do their independent analysis.

The US tech giant's share price has climbed 5.16% on Wednesday. Meanwhile, its share price reached $1,255 after markets opened in the US, according to data from MarketWatch, and has since dropped to around $1,210. The latest rise follows its year-to-date increase of 148.64%, according to NASDAQ. Deep Dive: Investors urged to look beyond 'pure' AI plays as bubble concerns linger Nvidia's CEO Jensen Huang said the company's data centre chips will trigger a new «industrial revolution», and as technology companies such as Meta, Microsoft and Alphabet continue to invest billions of...

Bitcoin, the world’s leading cryptocurrency by market capitalization, continues its upward momentum, trading around $71,300. This rally is driven by a significant influx into U.S. spot Bitcoin exchange-traded funds (ETFs), with a notable daily inflow of $886.75 million, contributing to over $1.2 billion in two days.

Over 100 former US law enforcement officials penned a letter to Secretary Blinken, calling on the State Department to take stronger action to free Tigran Gambaryan, a Binance executive detained in Nigeria.

It’s not just the political class. America’s fleet of cars and trucks is also getting long in the tooth. Last month a study by S&P Global Mobility reported the average age of vehicles in the U.S.

RIVNE, Ukraine—After Russia’s full-scale military invasion, Ukraine abruptly stopped buying nuclear fuel from Moscow, its top supplier in an industry that accounted for more than half of the country’s electricity generation. Now, a storied name in American industry is stepping in to keep reactors running, and offering other countries reliant on Soviet-designed power plants an alternative supplier. Westinghouse Electric, which for two decades struggled to challenge Russia’s dominant position in Ukraine, now makes fuel bundles that are compatible with all of the country’s reactors and is working on a plan that could allow Ukraine to start making some of that fuel itself.