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Fed won't make its move until after Americans go to the polls. Rate futures markets now show investors see a first rate cut as most likely occurring at the Fed's Sept. 17-18 meeting after data showed inflation through the entire first quarter of 2024 was stiffer than expected and had demonstrably slowed progress on bringing it back to the Fed's 2% target.

Buy or sell stocks for today: Following strong global market sentiments, the Indian stock market ended higher on Wednesday. Two out of three benchmark indices — the Nifty 50 and the Bank Nifty — climbed to a new peak of 22,775 and 49,057 respectively. The Nifty 50 index had the highest-ever closing of 22,753 as well.

PM Modi scheduled to address an election rally at Modi Stadium in Udhampur on April 12: Ahead of the upcoming Lok Sabha 2024 elections, the Bharatiya Janata Party (BJP) is gearing up for a series of high-profile political rallies in this region. Ravinder Raina, the BJP's Jammu and Kashmir chief, revealed that the party has mobilised its cadre for Uttar Pradesh Chief Minister Yogi Adityanath's rally on Wednesday, April 12, in Kathua.

Joe Biden and Philippines President Ferdinand Marcos Jr. unveiled a wide range of agreements to enhance security and economic ties during meetings held at the White House this week. Here are some of the most notable:

Interest rate-sensitive megacaps gave the tech-heavy Nasdaq a decisive edge. The S&P 500 also closed in positive territory, while the Dow ended essentially unchanged.

Biden said Thursday that U.S. defense commitment to Pacific allies was «ironclad» as he gathered Philippine President Ferdinand Marcos Jr. and Japanese Prime Minister Fumio Kishida at the White House in the midst of growing concern about provocative Chinese military action in the Indo-Pacific. The U.S. and the Philippines have had a mutual treaty in place for more than 70 years. Biden's forceful reinforcement of the American commitment comes in the midst of persistent skirmishes between the Philippine and Chinese coast guards in the disputed South China Sea. «The United States defense commitments to Japan and to the Philippines are ironclad. They're ironclad,» Biden said as he began three-way talks at the White House with Kishida and Marcos. «As I said before, any attack on Philippine aircraft, vessels or armed forces in the South China Sea would invoke our mutual defense treaty.»

The latest stablecoin hype train is underway in the form of Ethena (USDe), and Bitwise President Teddy Fusaro is taking an interest.

Tamil Nadu Minister and Dravida Munnetra Kazhagam leader Udhayanidhi Stalin on Thursday hit out at AIADMK and BJP government and said that the DMK government sought compensation of Rs 37,000 crore from the Centre when natural disaster Cyclone Michaung struck Tamil Nadu twice in December last year but the Union Government has not released even a single penny. Adressing a roadshow in Kanniyakumari, Udhayanidhi Stalin said, «There was a cyclone in Chennai and even floods in Thoothukudi, Tirunelveli. We demanded 37,000 crores as compensation. The Union Government didn't even give a paisa till now.» «You all know how much the cyclone made an impact. During that time then the State Government AIADMK and Union BJP government didn't warn about the cyclone. Many fishermen belonging to Kanniyakumari at that time in the middle of the sea were fishing unaware of the cyclone. Many lost their life and still count missing is not known. At that time our Leader MK Stalin and Congress leader Rahul Gandhi came and visited the affected areas. Even PM Modi visited but did not even announce any relief funds. Just not even in helicopter he visited the affected area. Just took pictures with the Helicopter. Till now no funds have been allocated. Do we need such a shameful Union government? The time has come to remove them which is April 19,» he said.

Americans filling their tanks up at a gas station in Alexandria, Virginia, reacted to gas prices rising over 50% since January 2021, when President Biden took office.

Baird is centralizing its alternative investments management platform by taking one of its longstanding tech partnerships to another level. The firm is deepening its collaboration with CAIS, one of the leading platforms for alternative investments catering to independent financial advisors, to consolidate its alts shelf, processes, and data management.

The Biden administration has approved construction of a deepwater oil export terminal off the Texas coast that would be the largest of its kind in the United States

A subsidiary of Japanese-based Fujifilm Corp. plans to expand further a massive biopharmaceutical manufacturing plant in the state, even as the initial phase is yet complete

With reports and rumors swirling about possible mergers and bids to acquire Paramount, the film studio put its best foot forward for theater owners at CinemaCon on Thursday

India is a cricket-crazy country and perhaps it's no surprise that bookings are coming in thick and fast for the upcoming T20 World Cup 2024 to be held in the US and West Indies this June. But it's not just cricket. Indian sports fans are travelling the world to watch their favourite sporting events across categories like never before, buoyed by rising disposable incomes, travel companies said. Rajeev Kale, president and country head for holidays, MICE and Visa at Thomas Cook (India), said that besides the demand for the T20 World Cup from both leisure and corporate customers, the company is seeing high interest for Wimbledon in London, as well as Formula One races in Abu Dhabi, Singapore and Bahrain throughout the year. The company's data indicates an uptick of 25-30% in bookings for key global sporting events this year, he said. «Besides corporate incentives, head honchos from India Inc and HNI-UHNI leisure travellers, our data reveals strong demand emerging from younger audiences as well who are keen to tick off their bucket lists,» Kale said.

India's economy is poised to achieve 8-9% growth, Confederation of Indian Industry (CII) president R Dinesh told ET in an interview, highlighting land, labour and manufacturing reforms as the key focus areas for the new government, which he said will also spur private investment. «We should consider establishing a fund to support new-age manufacturing, similar to the Innovation Fund that the government has already announced. This will play a crucial role in scaling up capacity and capability to create larger large-scale Indian manufacturing businesses,» said Dinesh, who is also the executive vice chairman of TVS Supply Chain Solutions. He further advocated a fund to assist micro, small and medium enterprises with operational expenditures, capital spending and green transitions.

Supreme Court justice in Brazil over free speech, far-right accounts and misinformation on X, the social media platform Musk bought when it was Twitter. Since his takeover, Musk has upended many of Twitter's policies, gutted its staff and transformed what people see on the site. As its owner and perhaps most influential user, he's also used it to try to sway political discourse around the world.

The European Central Bank has opened the door for an interest rate cut as early as its June meeting

Most news organizations hold its journalists to strict ethical standards to avoid conflicts of interest either real or perceived

Kishida cracked jokes and invoked a touchstone of American culture as he quoted from «Star Trek» at Wednesday's state dinner, telling guests at the White House that he hoped the «unshakable relationship» between his country and the U.S. would «boldly go where no one had gone before.» «I would like to propose a toast to our voyage to the frontier of the Japan-U.S. relationship with this word: boldly go,» Kishida said, quoting the iconic opening monologue of the original «Star Trek» series.

Russia launched a major missile-and-drone assault on Ukrainian power stations, part of a new campaign to exploit delays in Western aid for Kyiv to press Moscow’s growing advantage in the third year of war. The overnight strikes hit several regions across the country, destroying a power plant in the Kyiv region and inflicting fresh damage on others that had been struck in earlier attacks. Tens of thousands of homes were left without power, according to Ukrainian officials.

BALTIMORE—Jonathan Daniels took over this city’s port two months ago with a mandate to expand it. As he looks outside a 20th-floor window, it is clear how much his job has changed. In the distance is the mangled wreckage of the Francis Scott Key Bridge and the 984-foot containership that brought down the span in late March.