Usa Financial News

U.S. manufacturing grew for the first time in 1-1/2 years in March as production rebounded sharply and new orders increased, but employment at factories remained subdued and prices for inputs were pushed higher.

cruise passengers were left stranded at a port in West Africa after the vessel didn’t allow them to board due to lateness.Six American and two Australian tourists were supposed to be on a dream vacation, but it quickly turned into a nightmare when they arrived back at port from a private tour to find the boat had already closed its doors and denied them entry.The group had embarked on a private excursion on March 27 on the African island of São Tomé and Príncipe and were expected to be back for the all-aboard time of 3 p.m. The tour operator had called ahead in an attempt to let the cruise captain know they would be late.Despite help from the local Coast Guard, they were denied entry to the Norwegian Dawn cruise ship.Affected passengers Jay and Jill Campbell told ABC affiliate WPDE the incident happened during their first week of a three-week voyage with Norwegian Cruise Line.

General Atlantic, the US based private equity major has acquired Ujala Cygnus, a leading hospital chain in Northern India with a network of 21 hospitals serving Tier-II and Tier-III cities, said a press statement. Though the financial details are not disclosed, the deal has valued the chain at Rs1600 crore, according to sources. General Atlantic is set to acquire about 70% stake in Ujala Cygnus Healthcare Services, valuing the chain at about Rs1600 crore, ET reported in December 2023.

Origin Protocol token holders have voted to merge the protocol’s lesser known token Origin DeFi Governance “OGV” with its native decentralized finance (DeFi) Ethereum token OGN.

OneDigital has made another move to bolster its wealth management and retirement business with an addition to its RIA subsidiary in Texas.

February saw a notable inflection in the investment fund space as mutual funds witnessed net inflows for the first time since November 2021, according to the latest US Monthly Product Trends report from Cerulli Associates.

U.S. stocks fell on Tuesday as investors weighed chances that the Federal Reserve could delay cutting interest rates, while Tesla shares dropped after the electric car maker posted fewer quarterly deliveries for the first time in nearly four years. Tesla's stock fell more than 5% and was among the biggest drags on the S&P 500 and Nasdaq.

Read the full story here.)Sensex Today Live : Indian stock markets were likely to open on a negative note, tracking falls in global peers as markets digested the risk of a longer wait for rate cuts by the US Federal Reserve.The Gift Nifty futures, at 22,455, at 7:56 am, were below Tuesday's Nifty 50 close of 22,453.30, indicating a slow start for Indian benchmarks.Asian shares tracked Wall Street lower on Wednesday as U.S. yields held near four-month highs, while a powerful earthquake in the region raised concerns about possible disruptions to the vital chip-making industry.Markets are also pondering the risk of slower rate cuts ahead of U.S.

Biden raised concerns over China's support for Russia's defence industrial base and its impact on European and transatlantic security."He raised concerns over the PRC’s support for Russia’s defense industrial base and its impact on European and transatlantic security, and he emphasised the United States’ enduring commitment to the complete denuclearization of the Korean Peninsula," the White House reported. "If the United States insists on suppressing China's high-tech development and depriving China of its legitimate right to development, we will not sit idly by," Xi warned, according to Chinese state media. Biden also refused to back down on TikTok, the blockbuster Chinese-owned app that Congress is threatening to ban unless it changes hands, with Kirby saying Biden insisted he wanted to protect Americans' data security.

New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates

The Biden administration approved a new wind project off the Massachusetts coast Tuesday that is large enough it will provide more electricity than the state’s former coal-fired generating station

Attorneys say two Mississippi catfish farms have settled a lawsuit over using immigrant workers and paying them more than they paid local Black farmworkers

Day trading stocks for today: Following a sell-off in the US stock market on Monday, the Indian stock market snapped its three-day rally despite a sharp last-half-hour recovery on Tuesday. The Nifty 50 index went off 8 points and closed at 22,453 level, the BSE Sensex lost 110 points and finished at the 73,903 mark while the Bank Nifty index corrected 32 points and ended at 47,545 level.

The deaths of seven World Central Kitchen workers in an Israeli airstrike in Gaza was a tragic turn for an American homegrown charity that, in less than 15 years, has mushroomed from the grassroots brainchild of a celebrity chef into one of the world’s...

The largest fresh egg producer in the U.S. says it has stopped production at a plant in the Texas Panhandle after bird flu was found in the flock

Amazon is removing Just Walk Out technology from its Amazon Fresh stores as part of an effort to revamp the grocery chain

Stocks had their worst day in four weeks, as Wall Street hits the brakes on what’s been a nearly unstoppable romp

Sensex fell 110.64 points, or 0.15%, to close at 73,903.91, while the Nifty 50 settled 8.70 points, or 0.04%, lower at 22,453.30. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 3 “We are seeing renewed optimism in the broader market in the mid & small cap stocks after the sharp correction over the past few months. There is a lot of money waiting on the sidelines to be invested in medium enterprises amid easing valuations and hopes of strong economic growth going ahead," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.

TikTok and its ownership came up as a topic of conversation in the call between US President Joe Biden and his Chinese counterpart Xi Jinping on Tuesday, the White House said, adding Biden raised American concerns about the app's ownership. In March, the US House of Representatives overwhelmingly voted to pass a bill giving ByteDance, the Chinese company that owns TikTok, about six months to sell the US assets of the app or face a ban, citing national security concerns. Senators are still undecided on how to proceed.

Intel on Tuesday disclosed deepening operating losses for its foundry business, a blow to the chipmaker as it tries to regain a technology lead it lost in recent years to Taiwan Semiconductor Manufacturing. Intel said the manufacturing unit had $7 billion in operating losses for 2023, a steeper loss than the $5.2 billion in operating losses the year before. The unit had revenue of $18.9 billion for 2023, down 31% from $27.49 billion the year before.

Flights were suspended at the main airport in Japan's southern region of Okinawa on Wednesday due to a tsunami alert triggered by an earthquake in Taiwan, a government official said. Operations at Naha Airport were suspended from 9:25 am local time (0025 GMT) as a precautionary measure, a transport ministry official stationed at the airport told AFP.