Election Financial News

Norfolk Southern says it has a deal with Ancora Holdings to keep the investor from launching a repeat of this year’s campaign to take control of the railroad

Elon Musk has been the biggest beneficiary of Donald Trump's win in United States' elections, however, his social media platform X is now witnessing an exodus with celebrities and news organisations moving to Twitter founder's Jack Dorsey app. Among the largest beneficiaries of that desire is Bluesky, a rival service that has gained more than 1 million new users in the week since the election, a company spokesperson, Emily Liu, said Tuesday. The majority of the new users live in the United States, Canada and Britain, she added. «We're seeing increased activity levels across all different forms of engagement,» she said in an email.

The Ford government has signed a deal worth roughly $100 million with Elon Musk’s Starlink company to provide high-speed internet to parts of northern and rural Ontario.

While BSE and NSE have declared a trading holiday on the election day, commodity trading on MCX will open only for the evening session.

In anticipation of a correction, Axis Balanced Advantage Fund has brought down the net equity exposure from over 70% in January 2024 to around 53% in October. «Our proprietary model recommended reducing equity allocation over the past 4-5 months, particularly following the market run-up around the Lok Sabha election. This decision was driven by key variables such as high valuations and a moderation in high-frequency indicators,» says Jayesh Sundar,Equity: Fund Manager,Axis Mutual Fund.

Anura Kumara Dissanayake took a large lead Friday in early results from the parliamentary elections, in an apparent solid mandate for his program for economic revival. Dissanayake's National People's Power Party won 15 of the 22 electoral districts whose results have been released so far by the Elections Commission. Dissanayake was elected president on Sept. 21 in a rejection of traditional political parties that have governed the island nation since its independence from British rule in 1948. But he received just 42% of the votes, fueling questions over his party's outlook in Thursday's parliamentary elections. But the party received large increases in support less than two months into his presidency.

Janjatiya Gaurav Divas’, which marks the commencement of the 150th birth anniversary year celebration of Bhagwan Birsa Munda. He will unveil a commemorative coin and postal stamp in honour of the tribal leader and freedom fighter. The PM will also inaugurate and lay the foundation stones of multiple development projects of about Rs 6,640 crore aimed at uplifting tribal communities and improving infrastructure in rural and remote areas of the region.

Subscribe to enjoy similar stories. Bitcoin is now worth more than any U.S.-listed company other than the six biggest. Dogecoin, created as a joke and the first cryptocurrency to have agovernment departmentnamed after it, would make it to the top 200 stocks by value, larger than Johnson Controls International.

Subscribe to enjoy similar stories. MEXICO CITY—From the dense jungle connecting Panama and Colombia to the banks of the Rio Grande, human smugglers are spreading a message to U.S.-bound migrants: Hurry up and sneak in before President-elect Donald Trump takes office. Trump’s second term is creating an incentive for migrants to try to reach U.S.

Subscribe to enjoy similar stories. President-elect Donald Trump’s pick to lead powerful U.S. spy agencies has often seemed to embrace Washington’s adversaries and questioned key American intelligence judgments, raising alarm among veteran intelligence officials and the wider national security establishment.

Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the U.S. central bank need not rush to ease monetary policy. Powell said at a Dallas Fed event that with the economy still growing, the job market solid and inflation still above the 2% target, the Fed can deliberate carefully on rate cuts.

National People's Power (NPP) party led by President Anura Kumara Dissanayake has taken an unassailable lead in the parliamentary election held on Thursday. As of 6 am local time Friday, the NPP had garnered a near 62 per cent or over 4.4 million of the votes nationally. They have secured 35 of the 196 seats on offer under proportional representation from districts. The main opposition, Samagi Jana Balawegaya (SJB), and the National Democratic Front (NDF), backed by former president Ranil Wickremesinghe, have been decimated to 18 and under 5 per cent respectively. The SJB has won 8 seats while the NDP has bagged a solitary seat. The Rajapaksa family's Sri Lanka People's Front (SLPP) despite being placed fourth in terms of votes has garnered 2 seats.

Subscribe to enjoy similar stories. Bitcoin and cryptocurrencies in general got supercharged by Donald Trump’s victory in the US presidential election.

US Presidential Elections 2024, the famous personality Kim Kardashian has remained notably silent regarding the results which eventually led her fans to speculate on her reasons for not publicly supporting Kamala Harris. SheKnows reported that Kim Kardashian’s friendship with Ivanka Trump might have influenced her initial stance while there are suggestions that Kim Kardashian might have voted for Donald Trump and is avoiding backlash from her followers. According to SheKnows, Kim Kardashian and Ivanka Trump have been friends since their first meeting at the Met Gala 2014 and their relationship has eventually strengthened over the years specifically during Donald Trump's Presidency. They actually bonded over shared interests which included Kim Kardashian's advocacy for prison reform while Ivanka Trump helped in facilitating that. Also Read :Cameron Diaz to make a comeback with this Netflix spy comedy. See release date, plot, cast and trailer

Dogecoin (DOGEUSD) has been one of the biggest gainers following the election of Donald Trump last week, and the cryptocurrency meme coin got another boost this week when the president-elect announced the creation of a new agency that carries the acronym DOGE.

Tesla CEO Elon Musk solely gained near about $26.5 billion. The US Mirror reported that Elon Musk who was a prominent supporter of Donald Trump reportedly funneled around $200 million into Donald Trump's campaign through his super PAC. Also Read: Major security breach at Obama's Hawaii home: Secret Service agent violates protocol, uses ex-President's beachfront property for frisky meet-up with lover

Of the 22% of participants who responded to the survey after the election results were announced, 23% expect stronger global growth, compared to the full month's results of -4% and up from -10% in October.  The percentage of fund managers expecting a stronger US economy was 28% among the post-election respondents, -15% for the full month of November and -22% in October.  What is next for the US after Donald Trump's re-election? An acceleration in China's growth and US tax cuts were picked as the most bullish developments, while an unpredictable surge in bond yields and a global tra...

Robinhood Markets (HOOD) is broadening its crypto offerings for U.S. traders, adding tokens like Solana (SOLUSD) and meme coin Pepe (PEPEUSD), as the frenzy continues for Bitcoin (BTCUSD) and other digital assets in the wake of Donald Trump's presidential election win.

Congress leader Rahul Gandhi's waving of a red cover Constitution copy is a concept stolen from campaigns in a Latin American nation featuring «anarchist forces», Maharashtra Deputy Chief Minister and senior BJP leader Devendra Fadnavis said on Thursday. Speaking to select members of the press here, he also said the concept had boomeranged on the opposition, especially after it was revealed in a Congress rally in Nagpur that the inside pages of the Constitution copy Gandhi waves are blank. «This concept is stolen from a Latin American nation where elections were fought taking along anarchist forces and involved waving copies of the Constitution. This is not an original concept of the Congress,» the senior BJP leader said. The concept of waving a copy of the Constitution was a hit till the Nagpur fiasco, Fadnavis asserted. «What can be a greater insult to the Constitution? Can't you print proper copies of the Constitution? You chant the name of the Constitution but circulate a blank book. They (Congress) are wearing a burkha (veil) of the Constitution but are blank inside. They have no respect for the Constitution,» Fadnavis said.

Elon Musk to US President- elect Donald Trump has eventually sparked discontent among members of the US President-elect's inner circle, according to Page Six. Elon Musk has eventually become a frequent presence at the Mar-a-Lago while participating in significant discussions which include calls with international leaders like Turkey's Recep Tayyip Erdogan and Ukraine's Volodymyr Zelensky. Page Six reported that this new bond has reportedly made many of Donald Trump's traditional advisors feel actually sidelined while insiders also noted that his inner circle is shrinking as he spends more time with Elon Musk and other selective individuals like Howard Lutnick who is the co-chair of his transition team. Also Read: Did a bakery refuse Whoopi Goldberg's birthday dessert order because of her political views? Here's the truth

Jharkhand Assembly elections, with Aquil Akhtar of Samajwadi Party emerging as the wealthiest, declaring assets exceeding Rs 400 crore, according to a report by the Association for Democratic Reforms (ADR) released on Thursday. The Jharkhand Election Watch and ADR analysed the self-sworn affidavits of 522 out of 528 candidates in 38 constituencies for the second phase of the elections, scheduled for November 20. Of the 522 candidates, 127 (24 per cent) are crorepatis, while 148 (28 per cent) have declared criminal cases against themselves, the report said. «The role of money power in our elections is evident from the fact that all major political parties field wealthy candidates,» the report stated.