Usa Financial News

Indian Americans in elected offices is not reflective of their growing population, US Vice President Kamala Harris said on Wednesday, urging the members of the minority ethnic community to run for elected offices increasingly. Harris, who is of both Indian and African heritage, was speaking at "Desis Decide" — the annual summit of Indian American Impact, a democratic party think tank, that supports and funds Indian Americans running for elected offices across the country. «Over the years, we've had so much more participation by Indian Americans in the electoral process running for office. But the numbers are still not reflective of the size of the growing population,» Harris, the first-ever Indian American, African American, and a woman to be elected as the vice president of the US told a packed room of Indian Americans in the national capital. Currently, there are five elected Indian American members of the Congress — Dr Ami Bera, Raja Krishnamoorthi, Ro Khanna, Pramila Jayapal, and Shri Thanedar. Impact believed that in 2024, the Indian American strength in the Congress will increase to 10 members.

Sensex declined 117.58 points, or 0.16%, to close at 72,987.03, while the Nifty 50 settled 17.30 points, or 0.08%, lower at 22,200.55. “Relentless FIIs selling and India Vix at elevated levels put pressure on the market. We expect the market to consolidate in a broader range as the election polling progresses and the result season nears the end," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Sensex fell 117.58 points, or 0.16%, to close at 72,987.03, while the Nifty 50 settled 17.30 points, or 0.08%, lower at 22,200.55. Nifty 50 formed a small negative candle on the daily chart with a minor upper and lower shadow. Also Read: Indian stock market: 10 key things that changed for market overnight - Gift Nifty, US inflation to weak dollar “Technically, this pattern signals choppy movement in the market at the hurdle.

Kyiv drew criticism from netizens since the video went viral on social media platforms. Many X users called the top US diplomat's performance ‘inappropriate’, particularly in light of Ukraine's ongoing conflict with Russia. Some even went as far as to reprimand him for what they perceived as poor judgment, especially considering Russia's recent incursion into northwestern Ukraine.

Joe Biden and Republican rival and former US President Donald Trump have agreed to two debates on June 27 and September 10, as per a Reuters report. These debates are poised to be significant moments in the November 2024 race for the White House. Biden affirmed his readiness on social media, saying, “As you said: anywhere, any time, any place." Trump responded by calling Biden “the worst debater" he has faced and confirmed his willingness to debate, posting, “I am Ready and Willing to Debate Crooked Joe at the two proposed times in June and September." Debates are high-risk for both candidates, who face a tight race and low voter enthusiasm.

Professional investors with a bullish or bearish conviction on artificial-intelligence stocks and looking to magnify their profits with leverage can now do so with two new exchange-traded funds.

₹321.6 crore in the December quarter, against a net loss of ₹401.3 crore a year earlier. With its ambitious expansion plans across the green energy ecosystem, ReNew has been looking at options to raise funds both through asset sale and debt financing. In February, Mint reported that ReNew Energy Global Plc is in talks with Singapore’s Sembcorp Industries Ltd to sell solar energy projects totalling 350 megawatts (MW), with the deal estimated to be valued at around $241 million at the enterprise level and around $121 million in terms of equity.

Paul Ryan – the 54th speaker of the United States House of Representatives – has emerged as a major proponent of stablecoins, with a bright outlook on what regulation could bring to the industry.

Nannies, housekeepers, and home care workers are excluded from many federal workplace protections in the United States, and the private, home-based nature of the work means abuse tends to happen behind closed doors

New tariffs on Chinese electric vehicles and batteries, solar cells, medical equipment and other goods are intended to protect U.S. jobs and manufacturers

dating app or do you go with the flow? Dating App Tinder has revealed in one of their surveys that both men and women have misconceptions about what the other wants. This has been reported by ‘USA Today’. The Green Flags Study which was released on Wednesday surveyed over 8000 heterosexual men and women in the US, Canada, UK and Australia to understand the preferences of each other and found out that individuals are quick to make assumptions of the opposite sex.

The Ethereum (ETH) price is picking up on Wednesday amid a broader rally across crypto and traditional asset markets following US CPI data, with some traders focusing on a mysterious wallet that just scooped up 29,000 ETH, and some are interpreting as a bullish signal.

In this article

Stocks ended higher on Wall Street, sending the Nasdaq composite to another record

The Justice Department has determined that Boeing violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft

Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Biden’s re-election team

Eight TikTok content creators have sued the U.S. over the new federal law that would could ban the social media platform nationwide

The Biden administration is suggesting the possibility that new penalties could be put in place if the Chinese makers of electric vehicles try to move their production to Mexico to avoid newly announced import taxes

The son-in-law of a prominent Venezuelan opposition leader has pleaded guilty to money laundering charges for his role in a vast bribery conspiracy to siphon over a billion dollars from the state-owned oil company

Slovakia’s government approved a plan to build another nuclear reactor in a country that relies heavily on nuclear electricity generation

Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome