Target Financial News

Popular cryptocurrency exchange Coinbase has announced the launch of its native Bitcoin and Ethereum futures contracts for US retail traders.

bomb threats were called into schools across the province, prompting warnings and evacuations.The total number of schools impacted by bomb threats on Wednesday was not clear, according to Ontario Provincial Police (OPP), who said the threats stretched from parts of the north to the east.Bomb threats were also reported by other police forces in the province, including in Toronto and Halton Region.With questions continuing to swirl and police across Ontario working to look into the various threats, here is what we know so far:Multiple schools in northern and eastern Ontario were evacuated Wednesday afternoon after receiving bomb threats from people “demanding money” OPP said.Bill Dickson, OPP media relations manager, said in an email that many schools in Ontario were impacted, but the total number was unclear.He said in the email that most of the impacted schools were in the north of the province.“The threats had impacted schools across northern Ontario, so as far north as the province stretches. In the east, to the Quebec border,” Dickson said in an email.Police said the threats targeted multiple schools under multiple school boards and other facilities, demanding payment.In a post on Facebook, for example, a Timmins, Ont., school board reported it had received a bomb threat and closed all its schools as a precaution.Police said many of the targeted schools and facilities in the province have been closed while the investigation continues.

The Federal Reserve held interest rates at a 22-year high for a second straight meeting, while suggesting that the recent rise in Treasury yields may weigh on the economy and inflation.

Investing.com — The oil bull has come up for gasping for air after October’s sinking of crude prices — and isn’t finding relief from a Federal Reserve indicating that current US interest rates may not be high enough to effectively curb inflation.

By Yasin Ebrahim

The Federal Reserve left its benchmark interest rate unchanged for the second straight meeting and kept the door open to another rate hike this year as the central bank’s ongoing battle against inflation appears to be far from over.

Investing.com — The Dow ended higher Wednesday following a slump in Treasury yields after the Federal Reserve kept rates steady for second-straight meeting.

Federal Reserve on Wednesday held interest rates at a 22-year high for the second time, as it moves to slow stubborn inflation without damaging the strong economy. The Fed's decision to keep its benchmark lending rate between 5.25% and 5.50% gives policymakers time to “assess additional information and its implications for monetary policy," the central bank said in a statement. Below is the statement released by the US Fed on Wednesday after its two-day policy meet— Recent indicators suggest that economic activity expanded at a strong pace in the third quarter.

NEW DELHI : Apple and the central government have set up technical teams to examine messages that the tech giant sent to several opposition politicians and journalists warning that their iPhones may have been targeted for “state-sponsored attacks", said a top official, asking not to be named. The official added that Apple had agreed to be part of the investigation that the government was launching after protests by the recipients of the message. “Technical teams to look into the issue have been assembled by both sides.

US Federal Reserve announced its interest rate decision today after a two-day Federal Open Market Committee (FOMC) meeting and left the benchmark interest rates unchanged at 5.25 per cent - 5.50 per cent. The Fed's decision to keep its benchmark lending rate between 5.25 percent and 5.50 percent gives policymakers time to "assess additional information and its implications for monetary policy," the central bank said in a statement.

₹1.72 trillion in Goods and Services Tax (GST) in October, a 13% increase from a year earlier, marking the second-highest monthly haul since the new tax regime debuted in 2017. Overall, GST receipts so far this year are in line with the 10.5% nominal GDP growth rate projected by the finance ministry and reflect the trends in tax administration efficiency as well as consumption. The average gross monthly GST collection in FY24 is ₹1.66 trillion, up 11% from FY23.

The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central bank's target.

Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the U.S. job market remains strong in the face of higher interest rates

An international media freedom group says 34 journalists have been killed in the war between Israel and Hamas

NAIROBI (Reuters) — International Monetary Fund (IMF) staff on Wednesday reached a preliminary agreement with Somalia that will allow for the release of $100 million in funding under a new 36-month credit programme, the fund said.

By Kate Abnett and Valerie Volcovici

The Council of the European Union has ratified a directive amending the region's standing rules on tax administrative collaboration on October 17, 2023. This amendment, commonly referred to as DAC8, primarily targets the reporting and automatic information exchange regarding revenue stemming from crypto-asset transactions and advance tax rulings for high-net-worth individuals.

In a decisive response to the recent terrorist attack on Israel, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) designated ten individuals and entities linked to the Hamas terrorist organization. This action, aimed at crippling the financial structures supporting Hamas, encompasses individuals and operations not only in the Gaza Strip but extends to Sudan, Türkiye, Algeria, and Qatar.

South Africa scored 428/5 against Sri Lanka: South African batters are playing ICC World Cup 2023 in beast mode as they scored the highest score in the history of the World Cup against Sri Lanka. Quinton de Kock, Rassie van der Dussen, and Aiden Markram smashed centuries, which is also the first time in the history of the World Cup when three players of a team completed their tons. 2.

MPs are being hacked, the PTI report added. Meanwhile, the Aam Aadmi Party also accused the ruling BJP of targeting top INDIA alliance leaders ahead of the 2024 Lok Sabha polls.

(Reuters) — Shares of Advanced Micro Devices (NASDAQ:AMD) jumped nearly 6% on Wednesday, after an upbeat AI chip sales forecast signaled the company was making progress in its bid to catch up with market leader Nvidia (NASDAQ:NVDA).