Usa Financial News

A large chunk of US employees are not making contributions to their workplace retirement plans – and they don’t even know it.

While Americans aged 25 to 44 may have a lengthy list of life goals, achieving financial independence is their highest priority, according to a new survey.

US Presidential election campaign and proceedings as the contest between former US President Donald Trump and current President Joe Biden has grown only more intense.

Cryptocurrency markets traded marginally lower on Tuesday, dragged by Bitcoin, Ethereum, and Shiba Inu. At 1:18 PM, Bitcoin (BTC) was trading 0.4% lower at $68,766 while Ethereum declined 1.4% to $3,761. Bitcoin touched a high of $70,230 earlier in the day.

Amazon has agreed to acquire MX Player as part of its strategy to expand its portfolio in India’s thriving market for video streaming services.

ResiClub co-founder and editor-in-chief Lance Lambert discusses the U.S. housing affordability crisis on 'Making Money.'

Federal prosecutors this week arrested the chief financial officer of The Epoch Times and said he directed millions of dollars gained through criminal schemes to the company and himself

The NSE Nifty 50 index ended 0.89% higher at 22,821 points and the S&P BSE Sensex rose 0.93% to 75,074, adding to their gains of more than 3% on Wednesday.

World War 3? This pertinent question is looming large in the background with the US test-firing its hypersonic nuclear missile, which can hit any target in the Russian capital of Moscow in 30 minutes. US blasted off its unarmed Minuteman III intercontinental ballistic missile (ICBM) from Vandenberg Space Force Base in California Tuesday, reports 'The Mirror US'. Pentagon has taken this step weeks after Russian President Vladimir Putin warned that if the existence of his country is at stake, he would be forced to use a nuclear bomb.

ether can begin trading depends largely on how quickly issuers respond to the U.S. Securities and Exchange Commission's queries, Chair Gary Gensler said on Wednesday. The SEC last month approved applications from Nasdaq, CBOE and NYSE to list spot ether ETFs. It was a surprise win for the cryptocurrency industry which had expected the SEC to reject the filings after discouraging meetings with the regulator.

Fines against Toronto-Dominion Bank tied to U.S. money-laundering probes may total as much as US$4 billion following fresh allegations involving the lender, according to Jefferies Financial Group Inc. analysts — double previous estimates of the potential impact on Canada’s second-largest lender.

The wealth of the world’s rich is hitting record levels again, with North America leading the way, says a report out this week.

National Donut Day is unique among the many food-related holidays, such as National Wine Day and National Hamburger Day, since it has a deep historical significance that enhances the enjoyment of the festival.

Robinhood Markets has announced an agreement to acquire Bitstamp Ltd ., one of the oldest and most respected cryptocurrency exchanges, in a $200 million all-cash deal.

US Antitrust Enforcer Jonathan Kanter stressed the need for regulators to thoroughly examine the AI sector “with urgency” to prevent potential monopolies.

Bitcoin (BTC) recently broke out of its recent $60,000 to $70,000 trading range and hit an intraday high of $71,671. However, it was unable to maintain its position above $71,000 and has lost some of its gains, falling to around $70,900.

Certificate Programme in Data Analytics for Business Applications.This high-impact 7-months programme is meticulously designed for professionals from diverse backgrounds. It caters to early professionals seeking to elevate their understanding of data analytics for adept decision-making.

Top news of the day: On 6 June, a series of events are set to take place right from politics to business. Wipro has been awarded a $500-million deal by a leading US communication service provider over a period of five years.

Capitulation on the bond markets was heavy, with investors pulling a net £643m from funds, the second-worst figure on record, only beaten by March 2020. UK-focused equity funds endured the same fate, also chalking up a second-worst month on record, as a net £1.11bn exited the space. The outflows are beaten only by June 2022's £1.14bn figure, which marks the worst month to date. According to the report, actively managed funds suffered the brunt of the UK equity withdrawals, shedding £792m over the month. Inflows into North American funds fell sharply but remained positive last month...

US trade deficit expanded slightly less than analysts expected in April, to the widest since late 2022, as imports rose more quickly than exports, according to government data released Thursday.

Founded in 2011, UK-based Bitstamp has over 50 active licenses and registrations globally and will bring in customers across the EU, UK, US and Asia to Robinhood, helping the platform take on major exchanges such as Coinbase. Bitstamp’s core spot exchange, with over 85 tradable assets, and products like staking and lending, will also help Robinhood move beyond the retail market and secure institutional clients. Johann Kerbrat, GM, Robinhood Crypto, says: “Through this strategic combination, we are better positioned to expand our footprint outside of the US and welcome institutional customers to Robinhood.” The Bitstamp team will join Robinhood when the deal closes in the first half of next year, subject to closing conditions.