financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Nov 29, 2023
November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
World >
Market >
Moody's Credit Rating Downgrade Weighs on US Equity Futures Pre-Bell
Moody's Credit Rating Downgrade Weighs on US Equity Futures Pre-Bell
May 26, 2025
07:58 AM EDT, 05/19/2025 (MT Newswires) -- US equity futures were lower pre-bell Monday following the US credit downgrade by Moody's. Dow Jones Industrial Average futures fell 0.7%, S&P 500 futures retreated 1.2%, and Nasdaq futures were down 1.6%. Moody's on Friday lowered the country's credit rating to Aa1 from Aaa and changed its outlook to stable from negative. Oil...
5 Stock Picks Last Week From Wall Street's Most Accurate Analysts
5 Stock Picks Last Week From Wall Street's Most Accurate Analysts
May 26, 2025
U.S. stocks settled higher on Friday, with the S&P 500 recording gains for the fifth straight session and also notching weekly gains. For the week, the S&P 500 gained 5.3%, while the Dow added 3.4%. The Nasdaq Composite was the standout performer, surging 7.2% last week. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors,...
US STOCKS-US stock futures slide after Moody's downgrade, yields up
US STOCKS-US stock futures slide after Moody's downgrade, yields up
May 26, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures down: Dow 0.61%, S&P 500 1.05%, Nasdaq 1.42% * Netflix ( NFLX ) down on JPM analyst focus list removal * Blackstone infrastructure unit to acquire TXNM Energy ( TXNM ) (Updates with analyst comment, prices) By Shashwat...
Stocks Decline Pre-Bell as Moody's Downgrades US Credit Ratings
Stocks Decline Pre-Bell as Moody's Downgrades US Credit Ratings
May 26, 2025
07:36 AM EDT, 05/19/2025 (MT Newswires) -- The benchmark US stock measures were trending downwards before the opening bell Monday as investors assessed Moody's downgrade of the world's largest economy's credit ratings. The S&P 500 declined 1.2%, the Dow Jones Industrial Average decreased 0.8%, and the Nasdaq fell 1.6% in premarket activity. The indexes finished Friday's trading session higher, with...
Environment >
Technology >
Russian firms bought spare parts for 25-year-old ASML machines, says newspaper Trouw
Russian firms bought spare parts for 25-year-old ASML machines, says newspaper Trouw
Sep 5, 2024
AMSTERDAM (Reuters) - Russian firms were able to obtain spare parts for 25-year-old ASML chipmaking machines in 2022 to 2023 on secondary markets despite European Union sanctions, Dutch newspaper Trouw reported on Thursday, citing Russian customs documents. ASML, Europe's largest technology firm, dominates the market for advanced lithography systems, which use light beams to help create the circuitry of chips....
White House asks agencies to step up internet routing security efforts
White House asks agencies to step up internet routing security efforts
Sep 3, 2024
WASHINGTON, Sept 3 (Reuters) - The White House said on Tuesday it wants federal agencies to boost internet routing security on networks in the face of concerns raised by U.S. officials about China's ability to divert internet traffic. The White House Office of the National Cyber Director in a report outlined a series of efforts aimed at addressing a key...
China urges US to 'immediately' lift all tariffs on Chinese goods
China urges US to 'immediately' lift all tariffs on Chinese goods
Sep 5, 2024
BEIJING (Reuters) - The United States should immediately lift all tariffs on Chinese goods, the Chinese commerce ministry said on Thursday, ahead of an announcement by the Biden administration on expected hikes in levies on Chinese-made items, including electric vehicles. The U.S. is expected to make its final determination in the coming days after delaying a decision twice, as it...
Beyond The Numbers: 6 Analysts Discuss Amphenol Stock
Beyond The Numbers: 6 Analysts Discuss Amphenol Stock
Sep 4, 2024
In the preceding three months, 6 analysts have released ratings for Amphenol ( APH ) , presenting a wide array of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...
Personal Finance >
Politics >
Retail >
Business >
Australia regulator sues FIIG Securities for cybersecurity failures
Australia regulator sues FIIG Securities for cybersecurity failures
Mar 13, 2025
March 13 (Reuters) - The Australian securities watchdog said on Thursday it is taking fixed-income broker FIIG to court, alleging it failed to implement adequate cybersecurity measures over a four-year period, which enabled a hacker to infiltrate its IT network. The Australian Securities and Investments Commission (ASIC) claimed these deficiencies resulted in the theft of approximately 385 gigabytes of confidential...
FOCUS-Why a major shift to US clothing production is unlikely
FOCUS-Why a major shift to US clothing production is unlikely
Mar 13, 2025
* Some US clothing, footwear factories see more orders * Labor cost, capacity limit US manufacturing potential * LA footwear factory plans automation investments By Arriana McLymore and Helen Reid NEWARK, New Jersey, March 13 (Reuters) - President Donald Trump's Made in America push is prompting some U.S. clothing retailers to expand domestic production of everything from T-shirts to coats...
Volkswagen's volume brands operating result down 4.3% amid cost-cutting drive
Volkswagen's volume brands operating result down 4.3% amid cost-cutting drive
Mar 13, 2025
BERLIN (Reuters) - Volkswagen's core brands, including VW Passenger Cars, Skoda, SEAT/CUPRA and Commercial Vehicles, reported a 4.3% drop in their operating results on Thursday as the carmaker undergoes a restructuring to cut costs. Its passenger cars brand saw a 27% fall in its operating result, with an operating margin of 2.9%. Still, Czech-based Skoda saw its best ever financial...
Why a major shift to US clothing production is unlikely
Why a major shift to US clothing production is unlikely
Mar 13, 2025
NEWARK, New Jersey (Reuters) - President Donald Trump's Made in America push is prompting some U.S. clothing retailers to expand domestic production of everything from T-shirts to coats and suits, several executives told Reuters this week.  But limited capacity makes a large-scale shift to U.S. production unlikely, and American-made clothing comes at higher cost because of elevated labor expense and...
Economy >
Cryptocurrency >
Is The Ripple vs. SEC Lawsuit Indeed Over After This Development?
Is The Ripple vs. SEC Lawsuit Indeed Over After This Development?
Mar 25, 2025
Last week, Ripples CEO, Brad Garlinghouse, made the triumphant announcement that the SEC had dropped its appeal without conditions. Although he declared that this meant the case was finally over after a prolonged battle that began in late 2020, there were some misconceptions and misunderstandings about whether it had actually concluded. Now, though, Stuart Alderoty cleared the air. The final...
XRP ETF Incoming? Analyst Says Ripple’s Legal Win Changes Everything
XRP ETF Incoming? Analyst Says Ripple’s Legal Win Changes Everything
Mar 26, 2025
With the saga pitting the U.S. Securities and Exchange Commission (SEC) against Ripple Labs seemingly coming to a close after four grueling years, experts say the path is now clear for an XRP exchange-traded fund (ETF) in the United States. Nate Geraci, a well-regarded ETF analyst, has voiced optimism about the future of XRP ETFs, stating that with the legal...
Donald Trump
Donald Trump
Mar 25, 2025
World Liberty Financial (WLFI) the DeFi venture backed by US President Donald Trump has launched a stablecoin called USD1. Pegged to the US dollar, the token is designed to function as a digital asset equivalent to the dollar and is currently available on both Ethereum and Binances BNB blockchains. WLFIs USD1 Stablecoin Although the cryptocurrency went live in early March,...
Binance Suspends Employee for Insider Trading and Front
Binance Suspends Employee for Insider Trading and Front
Mar 25, 2025
Binance has suspended a staff member accused of using insider information from a previous role at BNB Chain to front-run a token launch. The action follows an internal investigation launched on March 23 after a complaint was filed with the exchange’s internal audit team. The Investigation The suspect, who was part of the Binance Wallet team at the time of...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved