Progressive Financial News

FOX Business’ Edward Lawrence shares highlights from Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic Symposium.

U.S. Defense Secretary Lloyd Austin on Friday said he had spoken with his Israeli counterpart to discuss a range of issues in the region, including the ongoing exchanges of fire on the Israel-Lebanon border and the need to finalize a ceasefire deal. In a post on X, Austin said he also discussed the risk of escalation from Iran and Iran-backed groups in the call on Thursday and told Israeli Minister of Defense Yoav Gallant that the United States is well postured across the region.

Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.

Cred has received certification from NPCI Bharat Billpay to operate as a customer operating unit (COU) on the Bharat Bill Payments System, the company said in a note on Friday. This certification allows Cred to establish more partnerships with major billers and banks on the BBPS platform, speeding up credit card bill payments made through the app. Additionally, Cred users will gain access to process bill payments across all billers available on the BBPS network, the company said on Friday. Developed by the National Payments Corporation of India (NPCI), BBPS is a unified platform that facilitates all forms of bill payments across India.

Nirmala Sitharaman on Thursday said micro, small and medium industries will play an important role in realising the vision to transform India into a developed nation by 2047. Therefore, she said, they have been given special priority in the Union Budget. The finance minister was addressing the discussion programme with MSME marble cluster units in Udaipur on Thursday evening. «The participation of MSME is important in realising the vision of 2047. Therefore, it has been given expert priority in the budget,» she said.

Air Canada pilots have been voting to decide on whether they will go on strike, and the vote ends Thursday.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, stopping short while indicating that a September cut had grown increasingly probable, minutes released Wednesday showed.

One week into its presale, Crypto All-Stars ($STARS) has already raised over $600,000.

Volt VC, a micro venture capital (VC) firm, announced the launch of its inaugural fund on Wednesday. The Volt VC Fund-1 aims to raise a corpus of Rs 45 crore to invest in around 20-25 consumer-centric startups at the pre-seed stage across various sectors, with a particular focus on direct-to-consumer (D2C), business-to-consumer (B2C), and business-to-business-to-consumer (B2B2C) models. “In India, lately we have seen a good number of pre-seed and seed funds coming in, but several of them have ticket sizes of between Rs 4 crore and Rs 10 crore. However, many of these startups don’t have the appetite to take in that much money. So, there was a need for someone to enter with a smaller ticket for a smaller stake,” Param Patel, the general partner of the fund told ET.

Small business owners overall are feeling positive about their business and achieving the goals they set for this year despite inflation and high labor costs, according to two new surveys

Canada’s two largest railroads are facing possible Teamsters strikes.

Home minister Amit Shah will review anti-Naxal operations and the progress of developmental works in Red corridors in seven Left Wing Extremism-affected states this week. According to highly-placed sources, Shah will hold the review meetings in Naya Raipur, the administrative capital of Chhattisgarh, on August 24 with chief secretaries and director generals of police of Maoist-affected Andhra Pradesh, Chhattisgarh, Jharkhand, Odisha, Madhya Pradesh, Maharashtra and Telangana. In the run-up to November 2023 Assembly elections, BJP had promised that if voted to power, it will end Naxalism within three years by 2026.

After nearly three months of fundraising, PlayDoge ($DOGE) charges into the final six days of its presale as its new play-to-earn (P2E) game is ready to launch.

AMC provided a glimpse into the show's progress with a clapperboard photo and a behind-the-scenes video featuring star Kiowa Gordon, who confirmed that filming was nearing completion as of mid-July, as mentioned in a report by TV Insider.

Last week, I had the privilege of attending the launch of ON Courts (Open Networked Courts) in Kerala, possibly the most creative re-imagining of the justice delivery system attempted in the country to date. Rather than merely adding new digital layers on top of existing non-digital workflows, this bold redesign of the judicial system re-examines how processes at the heart of the system ought to operate.

International Monetary Fund (IMF) deputy managing director Gita Gopinath recently observed that increasing workplace safety is an important factor in raising women’s participation in the labour force and the workforce (the former makes up for a broader cohort, of those looking for work, in addition to those who are at work and comprise the workforce). This has particular resonance in India right now, given the shock and outrage across the country over the gruesome rape and murder of a medical intern at a Kolkata hospital earlier this month. IMF research shows that closing the gender gap in labour force participation rates (LFPR) can raise gross domestic product (GDP) in developing countries significantly.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Trinamool Congress on Monday demanded that the CBI expedite its probe into the alleged rape and murder of a woman doctor at the state-run RG Kar Medical College and Hospital in Kolkata. Senior Trinamool Congress leader Kunal Ghosh told reporters that although the investigation by Kolkata Police was progressing well until the probe was transferred to the CBI by the Calcutta High Court on August 13, it is now the responsibility of the central agency to achieve an early breakthrough. He underscored that the Trinamool Congress is resolutely demanding death penalty for the culprits and is calling for an immediate resolution to the case.

JD Vance made a controversial comparison between Kamala Harris and Jeffrey Epstein, in a recent Fox News Sunday interview. Vance criticized Harris' campaign and suggested that internal polling from the Donald Trump campaign indicated Harris was not making significant progress with voters. He argued that voters did not believe Harris could effectively address inflation issues in the U.S. This led him to make a provocative statement: he compared the idea of giving Harris control over inflation policy to giving Jeffrey Epstein control over human trafficking policy. Vance claimed that the American people were too smart to support Harris as a fresh start, as per the reports of Yahoo news. During the interview with Shannon Bream, who maintained a neutral demeanor, Vance also expressed skepticism about the impact of recent polling data. He seemed particularly frustrated by a new ABC/Washington Post/Ipsos poll, which showed Harris leading Trump both nationally and in key swing states. According to the poll, Harris was ahead of Trump by 4 points nationally and by 6 points among likely voters. This was the first poll in this election cycle indicating Harris' lead over Trump beyond the margin of error. Also Read: Where is Melania Trump? She is absent from the 2024 campaign; here's what she is doing