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US dollar declines on mounting concerns about tax bill, tariffs
US dollar declines on mounting concerns about tax bill, tariffs
Jul 1, 2025
The US dollar fell on Tuesday against a basket of major rivals amid mounting concerns about the US fiscal situation following Trumps big tax bill, and with uncertainty about the trade agreements. Investors are now betting on a faster pace of Fed rate cuts this year, while waiting for crucial US data this week, including the payrolls report on Friday....
Powell says tariffs delayed rate cuts
Powell says tariffs delayed rate cuts
Jul 1, 2025
Federal Reserve Chair Jerome Powell said the bank wouldve cut interest rates if it werent for President Trumps tariff plans. In response to a question at the European Central Bank Forum in Portugal, he said the Fed paused its moves on interest rates when it saw the size of the tariffs, with inflation forecasts rising after their announcement. The Fed...
US dollar declines amid trade concerns
US dollar declines amid trade concerns
Jun 30, 2025
The dollar fell against most major rivals on Monday amid increasing concerns about a possible trade war once more between the US and other major economies. Canada cancelled the digital services tax aimed at US tech companies in an attempt to revive trade talks with the US. The Canadian finance ministry said PM Mark Carney and US President Donald Trump...
Euro rises above $1.18 for first time in four years ahead of European inflation data
Euro rises above $1.18 for first time in four years ahead of European inflation data
Jul 1, 2025
The euro rose in European trade on Tuesday, on track for the ninth daily profit in a row against the US dollar, and trading above $1.18 for the first time since 2021. It comes amid concerns about the Federal Reserves independence and US financial stability after new attacks by Trump against Powell. Recently, the odds of a European Central Banks...
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Tesla And Apple Chip Supplier STMicro Plans Major Restructuring, 2,800 Jobs Set To Exit By 2027
Tesla And Apple Chip Supplier STMicro Plans Major Restructuring, 2,800 Jobs Set To Exit By 2027
Apr 11, 2025
STMicroelectronics ( STM ) disclosed further elements of its program to reshape its global manufacturing footprint. This program builds on the one the company announced in October 2024 to strengthen its competitiveness. CEO Jean-Marc Chéry said the technology R&D, design, and high-volume manufacturing activities in Italy and France will remain central to its global operations. Tesla, Inc. ( TSLA )...
Sony, Nintendo Hike Console Prices As US Tariffs Bite, Microsoft May Dodge The Hit
Sony, Nintendo Hike Console Prices As US Tariffs Bite, Microsoft May Dodge The Hit
Apr 11, 2025
Japanese gaming companies Nintendo Co ( NTDOF ) (OTC:NTDOF) and Sony Group Corp ( SONY )  look to raise prices on their game consoles to shift the burden of the US tariffs on the consumers, reported Bloomberg, citing its research. Under normal circumstances, American consumers are ready to shell out up to 30% more for a Switch 2 or PlayStation 5, implying up...
Pentagon to end $5.1 billion in contracts with Accenture, Deloitte, others
Pentagon to end $5.1 billion in contracts with Accenture, Deloitte, others
Apr 11, 2025
April 11 (Reuters) - U.S. Defense Secretary Pete Hegseth has ordered the termination of several information technology services contracts valued at $5.1 billion, including companies such as Accenture ( ACN ) and Deloitte, according to a Pentagon memo. The pacts represent non-essential spending on third party consultants for services Pentagon employees can perform, Hegseth said in the memo released late...
Inquiry Into Apple's Competitor Dynamics In Technology Hardware, Storage & Peripherals Industry
Inquiry Into Apple's Competitor Dynamics In Technology Hardware, Storage & Peripherals Industry
Apr 11, 2025
In the dynamic and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Apple ( AAPL ) and its primary competitors in the Technology Hardware, Storage & Peripherals industry. By closely examining key financial metrics, market position, and growth prospects, our aim is...
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Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
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SMX (Security Matters) Stock Skyrockets: What's Driving The Action?
SMX (Security Matters) Stock Skyrockets: What's Driving The Action?
Apr 6, 2026
SMX (Security Matters) PLC ( SMX ) shares are surging Monday morning after the company unveiled its new Digital Material Passport Platform, or DMPP, a system designed to identify, track and tokenize real-world materials and products across global supply chains. Here’s what investors need to know. SMX (Security Matters) ( SMX ) stock is among today’s top performers. Why are...
Bank of New York Mellon Chosen as Financial Agent to Support Child Investment Accounts
Bank of New York Mellon Chosen as Financial Agent to Support Child Investment Accounts
Apr 6, 2026
11:02 AM EDT, 04/06/2026 (MT Newswires) -- Bank of New York Mellon ( BK ) has been selected by the US Treasury Department as a financial agent to support the roll out of Trump Accounts, investment accounts for children created by last year's tax law. Under this designation, the bank will oversee the initial accounts and develop the new app...
Why Is Vertical Aerospace Stock Gaining Monday?
Why Is Vertical Aerospace Stock Gaining Monday?
Apr 6, 2026
Vertical Aerospace Ltd. ( EVTWF ) shares rose in Monday’s premarket trading following a key piloted flight milestone that advanced its eVTOL program. Flight Milestone And Certification Progress The company successfully completed a thrust-to-wingborne transition, with its full-scale aircraft taking off vertically and transitioning to wingborne flight under U.K. Civil Aviation Authority oversight, in coordination with the European Union Aviation...
Celldex Therapeutics Closes Public Offering of Shares
Celldex Therapeutics Closes Public Offering of Shares
Apr 6, 2026
11:08 AM EDT, 04/06/2026 (MT Newswires) -- Celldex Therapeutics ( CLDX ) said Monday that it has closed its underwritten public offering of 11.9 million shares, raising $345 million in gross proceeds at $29 apiece. The company said that underwriters fully exercised their option to buy 1.6 million shares. Shares of the company were up 1.2% in Monday trading. Price:...
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Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Mar 18, 2024
“Its officially Fed week, the week weve all been waiting for,” exclaimed macroeconomics outlet The Kobeissi Letter on March 17. The US Central Bank will make its highly anticipated announcement on March 20, which will set the tone for the USs economic outlook going forward. Key Events This Week: 1. Housing Starts data Tuesday 2. Fed Interest Rate Decision Wednesday...
Shiba Inu (SHIB) Explodes 13% Overnight but Rival Meme Coin Outperforms
Shiba Inu (SHIB) Explodes 13% Overnight but Rival Meme Coin Outperforms
Mar 18, 2024
Meme coins are back at it with significant gains throughout the past 24 hours. The market is recovering, in general, but some meme coins are undoubtedly performing better than the rest. Shiba Inu (SHIB) is up a whopping 13% over the past 24 hours, trading at slightly below $0.0003. The cryptocurrency remains down some 10% on the weekly chart, outlining...
Core Scientific Reports Yearly Revenue Decrease in Q4 2023, Net Losses Shrink
Core Scientific Reports Yearly Revenue Decrease in Q4 2023, Net Losses Shrink
Mar 18, 2024
Bitcoin mining firm Core Scientific announced that total revenue for fiscal year 2023 amounted to $502.4 million, reflecting a decrease of $137.9 million or 22% from the $640.3 million recorded in the previous year. Core Scientific said that it had successfully mined 19,274 BTC (valued at approximately $1.4 billion) during 2023 despite undergoing bankruptcy. Core Scientific Reports Revenue FallAccording to...
US SEC Charges 17 in $300M Crypto Ponzi Scheme
US SEC Charges 17 in $300M Crypto Ponzi Scheme
Mar 18, 2024
The United States Securities and Exchange Commission (SEC) has charged 17 individuals for allegedly perpetrating a cryptocurrency Ponzi scheme that defrauded thousands of Latino investors in the country for approximately $300 million. According to an official release from the regulator, the alleged fraudsters operated under a company named CryptoFX LLC, which is based in Houston, Texas. SEC Charges 17 For...
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