The British pound edged lower on Wednesday after UK inflation data for October came in broadly in line with expectations, reinforcing speculation that the Bank of England may cut interest rates next month, while the U.S. dollar strengthened ahead of Nvidias earnings and key American data releases. At the same time, the Japanese yen touched a ten-month low against the...

Theres an old saying in Washington: never believe anything until its been officially denied. And now that David Sacksdubbed the AI czar in the Trump administrationhas declared that there will be no federal bailout for AI, we can begin speculating about what that bailout might look like when it happens. It turns out that the chief financial officer of the...

The Japanese yen rose in Asian trading on Wednesday against a basket of major and minor currencies, as it attempted to recover from its nine-month low against the U.S. dollar. The currency is heading toward its first gain in four sessions, supported by increased buying at lower levels and renewed demand for safe-haven assets amid a global equities selloff. Following...

The minutes of the Federal Reserves October meeting, released on Wednesday, showed that policymakers were divided over the decision to cut interest rates, reflecting disagreements about whether a cooling labor market or persistent inflation posed the greater threat to the economy. Although the Federal Open Market Committee approved a rate cut at the meeting, the path for monetary policy in...

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 350 points on Wednesday. The Dow traded up 0.91% to 42,464.43 while the NASDAQ rose 0.47% to 18,268.76. The S&P 500 also rose, gaining, 0.60% to 5,785.55. Check This Out: How To Earn $500 A Month From JPMorgan Stock Ahead Of Q3 Earnings Leading and...

11:49 AM EDT, 10/09/2024 (MT Newswires) -- All three major US stock indexes were up in late-morning trading Wednesday, with the Dow Jones Industrial Average leading the way, climbing 0.8%. In company news, Alphabet's (GOOG, GOOGL) Google ( GOOG ) is facing a potential breakup of its search dominance by the US Department of Justice, according to a Tuesday court...

12:39 PM EDT, 10/09/2024 (MT Newswires) -- US equity indexes rose, led by financials and industrials, and most government bond yields advanced in midday trading on Wednesday. The Nasdaq Composite rose 0.6% to 18,254.1, with the S&P 500 up 0.6% to 5,783.2 and the Dow Jones Industrial Average 0.9% higher at 42,449.5. The communication services sector was the steepest decliner...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Google-parent Alphabet down on potential DOJ action * Boeing ( BA ) falls after talks with union halted * Fed minutes due at 2:00 p.m. ET * Indexes: Dow up 0.92%, S&P 500 up 0.60%, Nasdaq up 0.45% (Updated...

Karnataka Chief Minister Siddaramaiah, this policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector.

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

According to a press release, clusters economically viable for drone use will be identified, with 15,000 women SHGs in selected states receiving Central Financial Assistance covering 80% of drone costs, up to ₹8 lakh.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

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.

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

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.

MADRID, May 10 (Reuters) - U.S. automaker Ford plans to start production of a new partly electric car at its plant in the Valencia region of Spain starting in 2027, a company spokesperson said on Friday. Ford had said in March that it was considering making a new, multi-energy passenger car at its Valencia plant. Spain's Industry Ministry said the...

10:21 AM EDT, 05/10/2024 (MT Newswires) -- Rocky Mountain Chocolate Factory ( RMCF ) said Friday Chief Financial Officer A. Allen Arroyo plans to resign, effective May 17. Arroyo's resignation is not due to any disagreement with the company, according to a filing with the US Securities and Exchange Commission. Rocky Mountain shares were down 1.4% in recent trading. Price:...

United Bankshares ( UBSI ), Inc. announced on Friday that it entered into a definitive merger agreement under which United would acquire Piedmont Bancorp.  The exchange ratio will be fixed at 0.300 of United’s shares for each share of Piedmont, resulting in an aggregate transaction value of approximately $267 million. The merger will strengthen United’s position in the Mid-Atlantic and Southeast. “The...

10:23 AM EDT, 05/10/2024 (MT Newswires) -- Price: 45.50, Change: +1.00, Percent Change: +2.25 ...

The cryptocurrency market is currently in a correction as it seems that the bulls are taking a breather following their rally from the past few days. This has caused the total capitalization to drop to around $2.45 trillion, losing roughly $40 billion in the past 24 hours. Bitcoins price is also declining, alongside most of the altcoins, so lets have...

Tornado Cash, the crypto-mixing protocol, has experienced a resurgence in 2024 after a significant decline in activity following the U.S. governments sanctions two years ago. The sanctions, imposed by the Office of Foreign Assets Control (OFAC) in August 2022, initially led to a drop in monthly deposits to Tornado Cash, with activity plunging by more than 90%. Tornado Cash Sees...

RippleX, the portal designed to empower developers in the XRP Ledger ecosystem, shared an important update today that requires action from certain users. In a post to Twitter, RippleX took the opportunity to remind people that anyone operating a node on XRPL has to upgrade to the latest version of Rippled in order to ensure the continuity of the service....

Gold (XAU/USD) – Recent Sell-off May Open Up Opportunities Recommended by Nick Cawley Get Your Free Gold Forecast The Fed will cut interest rates by 25 basis points at least twice this year.Any further move lower will likely bring buyers back.Gold posted a fresh multi-decade high earlier this week, breaking out of a range that has held since late March....