Usa Financial News

21.05 / 22:59

Ripple SEC SEC Files Opposition To Ripple’s Latest Motion

The US Securities and Exchange Commission (SEC) filed a response to Ripple’s motion application to seal and redact the company’s business details in the parties’ briefings on remedies on Tuesday.

21.05 / 22:35

markets Provident Career CEO President track Orion taps fintech vet Ron Pruitt as new president

Orion is redoubling its commitment to provide technology solutions for advisors as it adds a veteran fintech leader to its executive team.

21.05 / 22:35

Provident security Align Research trends social reports More than half of peak 65 Americans “almost certain” to outlive their savings

A recent study by the Alliance for Lifetime Income has revealed significant financial challenges faced by Americans on the brink of retirement.

21.05 / 22:35

COST UPS Citi Manufacturing pandemic Universities Nobel laureate Krugman “fanatically confused” on interest rates

Nobel laureate in economics Paul Krugman said it’s entirely unclear where interest-rate levels are headed over the medium term, with arguments in favor of both a return to pre-pandemic levels and a higher-for-longer outcome.

21.05 / 22:35

COST economy Election President cover reports Most Americans financially OK, but worries remain, finds Fed

Americans may have a worsening view of the economy, but their personal financial well-being hasn’t changed much last year in an annual survey by the Federal Reserve.

21.05 / 22:35

markets Target ETF Strategy trends Diversity stage strategies Active ETF strategies are in the driver’s seat

The latest ETF survey from Brown Brothers Harriman reveals significant growth and evolving trends in the ETF market, with active strategies and thematic allocations taking center stage.

21.05 / 22:35

Provident CEO security Department rights Interviews Editorial NOT Focus on outcomes, not mythical legal jargon, says Finseca CEO

If the final version of the Retirement Security Rule stoked the fire within Marc Cadin, the CEO of Finseca, the subsequent InvestmentNews editorial fanned the flames.

21.05 / 21:39

markets FIVE security ICE Research inclusion reports place Best place to live in USA: Check full list, key details

Best place to live in the US has been revealed in a survey and it is not New York, Washington D.C, Los Angeles. Florida's Naples have been identified for the top spot, as per survey by Best Places US News Rankings 2024-2025 conducted by U.S. News & World Report. Second spot has gone to Boise in Idaho, third position goes to Colorado Springs, Colorado. Greenville in South Carolina, and North Carolina's Charlotte have made the top five rankings.

21.05 / 21:01

UPS Fox economy wellness President show reports High inflation is still a burden to Americans – especially parents, Fed survey shows

Bolvin Wealth Management Group President Gina Bolvin discusses the move in commodities, expected inflation data, the housing industry and her outlook for consumers.

21.05 / 20:21

Tether Platform Trade show reports Hong Kong Police Arrest Three in HK$5.1 Million Virtual Investment Talk Show Ticket Scam

Hong Kong police arrested on Tuesday three individuals linked to a fraud syndicate that allegedly defrauded at least 10 residents out of HK$5.1 million (US$653,900) through fake virtual investment talk tickets.

21.05 / 19:49

markets Target CEO Food Nestle President rights Nestle to target American Ozempic, Wegovy users with US$5 pizzas

Nestle will market a new, US$5 line of frozen pizzas and protein-enriched pastas in the United States which it says it designed specifically for people taking drugs such as Wegovy or Ozempic for weight loss.

21.05 / 19:41

markets Target trends Bitcoin reports Global Bitcoin ATM Numbers Fall, Ending 10-Month Growth Streak

After a 10-month period of growth, the number of Bitcoin ATMs worldwide declined in May, interrupting a trend of expansion that began in July 2023. The decrease was driven largely by the removal of over 300 ATMs from service in the United States, which represents over 80% of the global Bitcoin ATM market.

21.05 / 19:13

UPS Food Research pandemic President NOT Corporate greed is not to blame for high inflation, SF Fed says

Bolvin Wealth Management Group President Gina Bolvin discusses the move in commodities, expected inflation data, the housing industry and her outlook for consumers.

21.05 / 17:01

Franklin Templeton UK head Martin Gilbey to exit in distribution leadership overhaul

From 1 August, Gilbey will be succeeded by Franklin Templeton Canada board chair Andrew Ashton, who will relocate to London to assume responsibility for the UK business, subject to regulatory approval. Under his expanded remit, Ashton will continue to be responsible for Canada, which, coupled with the UK, collectively represent $76bn in assets under management. In his 27 years at Franklin Templeton, he has held several leadership roles in the US and the Americas region, CEEMEA, Korea and the UK, most recently as head of Americas (ex-US) and head of the global financial institutions...

21.05 / 17:01

markets UPS economy SJP's Hetal Mehta: 'Cracks' in UK labour market increase recession risk

Unemployment data edges up and wage growth persists despite a recent cooldown with the Office for National Statistics revealing that the UK unemployment rate rose to 4.3% in the first quarter, up from 3.8% during the last three months of 2023. Mehta similarly argued the US economy is «not out of the woods» yet, after the Federal Reserve decided this keep interest rates steady this month as inflation persisted. In April, US inflation dropped to 3.4%, down from 3.5% the previous month, prompting bets on interest rate cuts later this year. US inflation drops to 3.4% in April Mehta...

21.05 / 16:43

Digital Currency Group Bitcoin Price Crypto lender Genesis Customers Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down

Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group (DCG), with no recovery from the bankruptcy. US Bankruptcy Judge Sean Lane approved Genesis' Chapter 11 liquidation plan and overruled an objection raised by DCG, which had argued that Genesis should pay its customers and creditors no more than what the crypto assets were valued at in January 2023, when Genesis filed for bankruptcy.

21.05 / 16:19

Ethereum ETH ethereum etf Standard Chartered Predicts Ethereum ETF Approval This Week, Calls For $8000 ETH This Year

British multinational banking giant Standard Chartered is standing by its $8000 ETH prediction for 2024 as the odds of a long-awaited Ethereum ETF approval have suddenly turned optimistic.

21.05 / 15:39

Provident exclusive Amazon prime day sale 2024 USA: Dates, key details

Amazon prime day sale 2024 in USA is all set to take place in a few months. Amazon has announced that Prime Day 2024 will start in the US. Apart from the US, Amazon prime day sale 2024 will take place in Canada, the UK, Australia, Brazil, China. Amazon prime day typically means 48-hour non-stop sales event. Amazon has been holding the event since 2015.

21.05 / 15:39

markets UPS Ethereum ETF security Bitcoin track Ethereum skyrockets 22% amid speculation of ether ETFs approval

cryptocurrency, Ethereum, surged 22% to $3,772 in the last 24 hours by 7:30 pm IST on Tuesday. This upward movement propelled Ethereum's market cap to $453.2 billion. The surge in the cryptocurrency comes amid speculation about the outcome of applications for US spot exchange-traded funds (ETFs) tracking the world's second-biggest cryptocurrency.

21.05 / 15:31

Research Trade President reports rowing Gold shines for second week in row on US interest rate cuts; silver reaches 11-year high

Gold's future hinges on Fed rate cuts and dollar weakening, says Emkay report “Gold prices have reacted positively in recent days due to expectations of sooner interest rate cuts, following a drop in US inflation data after a long period of sideways to higher rates. This shift has led to speculation that the Federal Reserve might cut rates starting in September. Additionally, Iran's President's helicopter crash prompted a strong push in gold prices on Monday due to fears of renewed tensions between Iran and Israel.

21.05 / 15:29

markets UPS MET SEC Platform Metro Waverly snaps up $310M advisory firm in Georgia

Waverly Advisors has just expanded its reach in the Southeast as it welcomes an investment advisory practice in Georgia.

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