Usa Financial News

Just 81,000 people live in rural Chatham County in North Carolina, where there are more than 1,000 farms

U.S. stocks rose in a bounce back from Wall Street’s worst day since April

A record was broken ahead of the Memorial Day weekend for the number of airline travelers screened at U.S. airports

American Airlines is changing law firms after a controversial filing in a lawsuit brought by the family of a 9-year-old girl who was recorded using an airplane lavatory

Shares have advanced in Europe and Asia ahead of Monday's Memorial Day holiday in the United States

Americans who spend Memorial Day scouting sales online and in stores may find more reasons to celebrate the return of warmer weather

Some 2.5 million Mexicans — mostly women — are domestic workers, a profession that has come to encapsulate gender and class divisions long permeating Mexico

₹2.11 lakh crore dividend to the government for the financial year 2023-2024, which was more than double the market had expected. A higher dividend amount provides a great deal of flexibility to the central government on the fiscal side and this positive surprise enthused all the markets with lower bond yields, rupee appreciating and the stock markets hitting new highs.Also Read: RBI dividend boost to help in improving budget math“The maximum impact of the higher dividend was seen at the longer end of the curve with bond markets feeling optimistic about a cut in government borrowing when the full Budget is presented in July," said Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund.Yields at the shorter end of the curve also came down as a result of lower borrowing in T-bills as announced last week to reduce the government surplus which may go up to ₹6 lakh crore after the transfer of the RBI dividend.

Bitcoin fell as traders monitored transfers by wallets belonging to the failed Mt. Gox exchange, whose administrators have been stepping up efforts to return a $9 billion hoard of the largest digital asset to creditors. The original cryptocurrency dropped as much as 2.7% and was trading at about $67,840 as of 12:15 p.m. Tuesday in Singapore. The weakness spread to smaller coins, including second-ranked Ether.

Gold prices on Tuesday fell by Rs 2,433 from a high of Rs 74,442 per 10 grams on May 20 to Rs 72,009 per 10 grams on May 27. MCX gold June futures today opened flat, down by Rs 98 at Rs 71,911 per 10 grams while July silver contracts opened at Rs 94,640, up by Rs32 or 0.03%. Gold held its gains as traders anticipated US inflation data this week, which could impact the timing of the Federal Reserve's decision to cut interest rates. After rising 0.7% on Monday, gold remained steady.

Prasad Sawant, Advisory Head, IIFL Securities, says Mirae Asset, this NYSE FAANG Plus ETF and also Edelweiss US Technology Scheme has also given more than 80% return. Others, like Motilal Oswal Nasdaq 100 ETF have given 20-25% return in the three-year range. Active schemes like DSP US Flexi Cap have given returns in the range of 18%. If I talk about a three-year return, it is in the range of 15% to 20-25% return. Last week, Nvidia was in news due to the good results and after that the overall return, almost in a year, has gone beyond 170%. But having said that, can we understand the kind of exposure Indian mutual funds have towards US stocks and specifically tech stocks? Prasad Sawant: We have somewhere around 70 mutual fund schemes in the market as of now which has exposure to US listed stocks. And out of that, few are having direct exposure to these technology stocks. Like if we know Motilal Oswal Nasdaq 100 ETF, then we have Mirae Asset NYSE Fang plus ETF Mutual Fund is there and Edelweiss technology related scheme is there, which is specifically into US technology stocks.

₹4 crore.As part of the transaction, Honasa will acquire, apart from formulation expertise, the R&D labs as well as CosmoGenesis’ nano-manufacturing facility. “This is something that further strengthens our ability to innovate and bring the right kind of products to the consumers. Rohini Manoj (founder) will be joining us as vice president of research and development.

Inflation in the US saw a slower-than-expected rise in April, with the consumer price index (CPI) increasing by 3.4% year-over-year, according to the latest data. The core CPI, which strips out the volatile food and energy sectors, softened for the first time in six months.

US support. Yet, this backing could run thin if America re-invests in the wisdom of a “decent respect for the opinions of mankind" in the context of how its overseas image is shaped by its Israel policy. It makes sense for all sides to grab an olive branch that puts an end to hostilities.

Mukesh Ambani and his wife Nita Ambani are all set to host Anant Ambani and Radhika Merchant's second pre-wedding celebrations in Italy between 28 May to 1 June. It is expected that actors, cricketers, businessmen and celebrities would mark their presence at the event.Earlier on Monday, Alia Bhatt, Ranbir Kapoor, Ranveer Singh, Salman Khan, MS Dhoni, and Anil Ambani were seen at Mumbai's private airport. The luxury cruise will embark on a picturesque 4,380-kilometre journey from Italy to the South of France and back.

Hong Kong: During President Vladimir Putin's visit to China in mid-May, he said Russia and China are «jointly committed to promoting the establishment of a more democratic multipolar world order». To countries that do consider themselves democratic, Putin's notion was laughable, for both China and Russia are ruled tightly by autocratic rulers who have no intention of losing their grip on power. In fact, Professor Steve Tsang, Director of the SOAS China Institute at SOAS University of London, told ANI, «The biggest challenge China faces in governance terms is the concentration of power in Xi's hands.»

Sensex eased 19.89 points, or 0.03%, to close at 75,390.50, while the Nifty 50 settled 24.65 points, or 0.11%, lower at 22,932.45.“Amidst the celebration, there looms a question regarding the sustainability of this bullish trend. The previous day unfolded with cautious trading, anticipating heightened volatility in the near term.

Britannica report, the quintuplets had rose to fame at a young age, making three feature films for Twentieth Century-Fox, endorsing various products, from cod-liver oil, typewriters to automobiles while also drawing large crowds of tourists to northern Ontario.In 1964, the charter of the Palestine Liberation Organization was issued at the start of a meeting of the Palestine National Congress in Jerusalem, as reported by Associated Press.In 1918, American forces engaged in their first significant battle of World War I, launching an offensive against the German-occupied French village of Cantigny and successfully capturing it.On May 28, 1977, a fire broke out at the Beverly Hills Supper Club in Southgate, Kentucky in Ohio. About 165 people lost their lives while 200 were injured.

Gold prices were steady on Tuesday, as investors maintained a cautious stance ahead of key U.S. inflation data, which could provide more insight into the Federal Reserve's policy trajectory. FUNDAMENTALS

Oil prices were steady in early Asian trading on Tuesday as investors awaited inflation data to assess future U.S. monetary policy and the production policy decisions from the OPEC+ meeting on June 2. The Brent crude July contract dropped 3 cents to $83.07 a barrel by 0038 GMT. The more-active August contract slipped 4 cents to $82.85.

dollar waned on Tuesday following a slight pick up in risk appetite, but it held tight ranges against its peers ahead of key inflation data from major economies this week that markets are looking to for guidance on the global interest rate outlook. Currency moves were largely subdued in early Asia hours after a quiet overnight session due to holidays in Britain and the United States, but the overall mood was positive with world shares firming.