Usa Financial News
21.05 / 11:51
21.05 / 11:51
COST
Target
Food
show
electronic
reports
Customers
Target to lower prices on thousands of basic items as inflation sends customers scrounging for deals
Target is cutting prices on thousands of consumer basics this summer, goods ranging from diapers to milk, with more Americans paying closer attention to their spending as inflation cuts into household budgets
21.05 / 11:51
UPS
President
gay
reports
Department
rights
The White House says FDIC chairman to step down following report on agency's toxic workplace culture
The chairman of the Federal Deposit Insurance Corporation will step down from his post once a successor is appointed
21.05 / 11:51
markets
UPS
security
Trade
reports
Interviews
International
CFTC to issue carbon credits rulebook by year end
The US Commodity Futures Trading Commission expects to finalize its guidance for carbon credits within the next six months, as it pursues a broader crackdown of fraud and manipulation in the embattled market.
21.05 / 11:41
Williams
Netflix
BBC
Duke
love
2020
reports
Prince Harry’s reconciliation efforts with family face renewed opposition from two royals, says report
BBC royal correspondent Jennie Bond has told Times Radio that Prince Harry, who previously aired his grievances through his revealing memoir, Spare, and his docu-series on Netflix, is experiencing a change of heart. However, she said, “Tables have turned somewhat." Jennie Bond told Times Radio, “Messages coming from Harry's side are that he's ready at last to forgive and that he loves his family." She added, “He's said that quite publicly.
21.05 / 11:41
markets
COST
UPS
Provident
security
Commentary
Tyremaker Balkrishna's stock in top gear, but beware the bumps
Balkrishna Industries Ltd's stock. But it seems like the worst of this problem is behind as demand is seen recovering in the end market. Inventory at the dealer level in the key European market normalized to 40-45 days in the March quarter, similar to what it was in the preceding three months, the management said.
21.05 / 11:27
21.05 / 11:01
Action
Election
WhatsApp
Rupee ends slightly higher even as most Asian currencies slip
Indian rupee closed marginally stronger on Tuesday despite weakness in most Asian currencies, with traders broadly expecting the rupee to see rangebound price action ahead of the outcome of India's national elections. The rupee ended at 83.3050 against the U.S. dollar, slightly higher than its close at 83.3350 on Friday.
21.05 / 09:43
UPS
security
wellness
Healthcare
performer
Multibagger pharma stock at record high as analysts raise earnings estimates for next year post Q4 results
₹1,172.50 on the NSE on Tuesday. While a strong Q4 performance boosted Zydus Lifesciences share price, the strong growth guidance has given boost to earnings outlook said analysts.
21.05 / 09:43
markets
COST
Strategy
Trade
President
Updates
Geopolitical tensions
Crude oil extends decline despite geopolitical tensions; 4 key reasons weighing on prices
Also Read: Gold price today: MCX Gold falls over half a per cent; what should be your strategy for bullion today? However, Brent crude oil was trading 0.92% lower at $82.94 a barrel, while the US West Texas Intermediate (WTI) crude futures was down 0.80% to $79.16 per barrel. MCX crude oil prices fell 0.41% to ₹6,552.
21.05 / 09:31
markets
UPS
economy
President
consequences
Equality
America’s strong dollar: Would a Trump presidency weaken it?
The United States’ dollar has strengthened sharply in recent months, and against Asian currencies in particular. A rising crescendo of apocalyptic financial talk threatens to spook markets. The Japanese yen, for example, appears to be on the verge of collapse.
21.05 / 09:05
Binance
SEC
crypto regulation
Regulations
reports
Investigations
FDIC Chairman Martin Gruenberg Steps Down Following Toxic Workplace Culture Report
Martin Gruenberg, the chairman of the United States Federal Deposit Insurance Corporation (FDIC), to step down from his position following an investigation that exposed a toxic workplace culture at the bank regulator.
21.05 / 09:05
UPS
coinbase
crypto regulation
reports
Updates
Coinbase Taps Ex-Rep. Kendrick Meek for Advisory Council as House Gears Up for Crypto Legislation Vote
Former Congressman Kendrick Meek (D-Fla.) is hopping on board Coinbase’s global advisory council, The Hill reported on Monday.
21.05 / 09:05
Darknet Drug Dealer ‘Pharaoh’ Accused of Facilitating $100M in Crypto Sales Arrested in New York
Taiwanese national and dark web drug dealer Rui-Siang Lin, ‘Pharaoh’, who allegedly made more than $100 million in cryptocurrency sales of illegal narcotics, has been arrested by U.S. authorities.
21.05 / 09:05
Ethereum
SEC
ethereum etf
Ethereum ETF Approval Odds Increase as SEC Asks For New Filings
The U.S. Securities and Exchange Commission (SEC) is requiring exchanges to update their spot Ethereum exchange-traded fund (ETF) filings.
21.05 / 08:19
markets
economy
wellness
Trade
reports
prevention
Explained: What's driving the ongoing uptrend in metal stocks?
Also Read: Copper prices hit all-time high to break March 2022 record; what's driving the rally? Copper on the LME has surged by 28% this year, while SHFE copper has increased by 25%. SHFE copper inventories remain low compared to the beginning of 2024, despite May typically being a period of strong copper demand in China. Nickel prices have also risen sharply, nearing $21,000 per ton in the previous trading session, marking their highest level since September 2023.
21.05 / 08:19
Citi
Entertainment
trends
Celebrity
Videos
cricket
Sporting
‘Is Cricket Fully Priced In?’ Nikhil Kamath takes nostalgic look at changing trends, ‘franchise valuation’
cricket in older days and said that nowadays “bias of affluence noted". In a post on X, Kamath wrote, “I vividly remember lying on a mattress watching every cricket game India ever played with my family as a kid. When India won a game against Pakistan, the entity locality came to a halt, and we would be on the streets celebrating :)." He stressed, “Today, things seem different; a lot of the kids I meet (bias of affluence noted) seem to be speaking about other sports, video games, etc." Speaking about the cricket franchises, Kamath said, “Is crcicket fully priced in? Would you go long or short cricket franchises at today's valuations?" Also Read: Harbhajan Singh on Mumbai Indians' performance in IPL 2024: ‘…the decision to make Hardik Pandya captain backfired’ A user, Prakash R commented, “In recent times, I find myself to be more attached to my local city team CSK rather than to the national team.
21.05 / 06:55
markets
Provident
Digital
Software
Healthcare
Cycling
innovations
KKR invests in Healthcare Revenue Solutions provider Infinx
KKR has announced its acquisition of a significant minority stake in Infinx Services, the leading healthcare revenue cycle solutions provider. Through this investment, KKR will leverage its extensive experience in the global healthcare and technology sectors to accelerate Infinx’s growth, expand the company’s network, and support bolt-on acquisitions, stated a company release. Norwest Venture Partners, an existing shareholder, also participated in the transaction. Co-founded in 2012 by Sandeep Tandon and Jaideep Tandon, Infinx is a provider of data-driven revenue cycle management solutions for the healthcare sector, with a particular focus on the US market. Infinx’s Healthcare Revenue Cloud platform supports end-to-end revenue cycle business functions utilizing AI, automation, payer integration, and workforce management.
21.05 / 06:55
CEO
WhatsApp
Food
track
patient
USFDA approves Biocon Biologics' biosimilar product to treat ophthalmology conditions
Biocon Biologics on Tuesday said it has received approval from the US health regulator for its biosimilar product to treat different types of ophthalmology conditions. The US Food and Drug Administration (USFDA) has approved the company's first-to-file application for Yesafili, a vascular endothelial growth factor inhibitor used to treat several different types of ophthalmology conditions, the company said in a statement. Biocon Biologics is a part of Biocon Ltd. Yesafili is intended for the treatment of neovascular age-related macular degeneration, visual impairment due to macular oedema secondary to retinal vein occlusion, visual impairment due to diabetic macular oedema and visual impairment due to myopic choroidal neovascularisation.
21.05 / 06:25
markets
UPS
security
Strategy
Research
Experts
Gold price today: MCX Gold falls over half a per cent; what should be your strategy for bullion today?
₹73,892 per 10 grams around 11:20 am. Also Read: Silver prices up 18% year to date, can jump to ₹92k mark in 3 months; should you prefer silver to gold for investments? Experts expect gold prices to remain volatile in the near term. Kaynat Chainwala, senior manager of commodities research at Kotak Securities, pointed out that COMEX Gold prices pared gains after touching a fresh all-time high of $2454.2 per troy ounce on Monday.
21.05 / 05:11
Target
Citigroup
WhatsApp
Opinion
Experts
reports
recommendations
Hot Stocks: Brokerage view on Phoenix Mills, Anupam Rasayan; CLSA downgrades Delhivery
We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on Delhivery: Underperform| Target Rs 488 CLSA downgraded Delhivery to underperform from buy earlier post-Q4 results and slashed the target price to Rs 488 from Rs 600 earlier.
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