Department Financial News

(Reuters) — The U.S. Department of Energy on Wednesday announced up to $3.5 billion to strengthen domestic production of batteries and battery materials from the infrastructure law President Joe Biden signed in 2021.

Alex Mill chairman Millard Drexler has the latest on the retail market on 'The Claman Countdown.'

UBS managing director and senior portfolio manager Jason Katz analyzes the October CPI report that shows inflation slowing more than expected on 'Varney & Co.'

earthquake with a magnitude of 3.6 struck Standard, Illinois, as reported by the United States Geological Survey (USGS). Standard, located approximately 100 miles southwest of Chicago in Putnam County, became the epicenter of the seismic activity that unfolded at 4:42 a.m. The quake's effects rippled across the region, reaching as far as Ottawa, Streator, Pontiac, and Springfield, with reports of residents in Aurora and DeKalb County also feeling the impact, according to the USGS. While a 3.6 magnitude earthquake is classified as «light» on the USGS intensity scale, indicating that residents might have experienced a «light» shaking, it is not anticipated to cause significant damage. On the USGS scale, «light» ranks as level three out of nine. The Associated Press quoted administrative Lt. Doug Bernabei from the Peru Police Department several miles north of Standard, who described the immediate aftermath. «It shook my house. It wasn’t a rattle, I thought something hit the house. A lot of people were waking up,» he said, emphasizing the surge of 911 calls received by the dispatch center.

economic affairs secretary Ajay Seth said on Wednesday. Speaking at a seminar on multilateral institutions for the 21st century, Seth said India’s G20 presidency, which is coming to an end this month, demonstrates the willingness of countries to come together on key global issues despite geo-political differences. It also reflects India's ability to build global consensus in a difficult time.

By Timothy Gardner

The filing appeared on the Delaware Department of State's Division of Corporations site on Monday, sending XRP's price soaring by more than 10% within minutes. It appeared days after a similar, legitimate filing from BlackRock for the creation of an ETF that holds Ethereum’s ether token. BlackRock quickly confirmed that it was not planning the XRP ETF and the Delaware Department of State has referred the matter to the state's Department of Justice. Last month, publication Cointelegraph falsely tweeted that the SEC had approved BlackRock to launch a US Bitcoin spot ETF, pushing the crypto's price up.

By Herbert Lash and Amanda Cooper

Ginny and Georgia Season 3. As fans eagerly await the next installment of this beloved Netflix series, here's a comprehensive overview of the latest updates, potential storylines, and what to expect from the upcoming season.

₹18.23 trillion this fiscal, going by the healthy revenue growth so far, Central Board of Direct Taxes (CBDT) chairman Nitin Gupta said on Wednesday. Gupta also said that during state and national polls, the tax authority maintains intense surveillance on unexplained cash and jewellery, and takes action in coordination with the union and state election authorities. Gupta said the union government's direct-tax collection is growing at 21-22% on a net basis after refunds, and 17-18% on a gross basis.

Uttarkashi. Since Sunday morning, the debris is being removed from the site to create an escape tunnel for the workers. Officials have “contacted the Thai company which rescued the children trapped in the cave," the Uttarakhand government's department of public relations said in a statement.

Americans cut back on retail spending in October, ending six straight months of gains, though the decline was partly driven by falling prices for both gasoline and cars

U.S. wholesale prices fell sharply last month as inflationary pressure continued to ease in the face of a year and a half of higher interest rates

Officials from Afghanistan’s ruling Taliban welcomed the resumption of FlyDubai flights to Kabul international airport

The Department of Energy is making a push to strengthen the U.S. battery supply chain — the minerals and parts that go into batteries

Matthew Perry‘s Friends co-stars have shared personal tributes to the late comedian.On Tuesday, both Matt LeBlanc and Courteney Cox shared memories to Instagram of their time working with Perry on the hit U.S. sitcom.LeBlanc, whose character Joey Tribbiani was best friends and roommates with Perry’s Chandler Bing, shared a selection of photos from the set of Friends, including two pictures of them embracing.“Matthew. It is with a heavy heart I say goodbye,” his post begins.A post shared by Matt LeBlanc (@mleblanc)“The times we had together are honestly among the favorite times of my life.

explosion occurred on a bag lying the upper berth of a coach. The woman sitting just below the birth has received burn injuries and has been admitted to the nearby hospital. The explosion occurs as the rush is on peak in Bihar around the festivities of Diwali and upcoming Chhath Puja.

WASHINGTON (Reuters) — U.S. retail sales fell in October, though by less than expected, after months of strong gains, pointing to slowing demand that could further strengthen expectations that the Federal Reserve is done hiking interest rates.

US House lawmakers overcame partisan animosity Tuesday to pass a temporary government funding bill that greatly lowers the risk of a shutdown even as it delays fights over Ukraine aid, border policies and deep cuts to federal programs. 

The US will lead a push at the COP28 climate summit to triple the amount of installed nuclear power capacity globally by 2050, marking a major turnaround for the controversial technology at the climate negotiations.

UBS managing director and senior portfolio manager Jason Katz analyzes the October CPI report that shows inflation slowing more than expected on 'Varney & Co.'