The US dollar is on track for a modest weekly gain as investors balance the Federal Reserves hawkish tone with persistent concerns about the US economy. The dollar began a five-day winning streak last week after Fed Chair Jerome Powell acknowledged the risks of further monetary easing, but it reversed sharply on Thursday following weak labor market data. US Treasury...

Democratic promises to lower energy costs helped deliver a comfortable win in last Tuesdays elections, as several party candidates pledged to freeze utility rates. Democrats also captured seats on Georgias Public Service Commission for the first time in nearly two decades a sharp rebuke to regulators who had approved six electricity rate hikes over the past two years. As a...

The rapid rise of artificial intelligence and digital infrastructure has made data centers the fastest-growing source of electricity demand in North America. As grid operators and policymakers race to keep pace with this surge, energy providers face a historic opportunity to unlock new avenues of growth and revenue. The First Challenge: Capacity Bottlenecks Data center developers are working under tight...

The Japanese yen weakened in Asian trading on Monday against a basket of major and minor currencies, extending losses for a second consecutive session versus the U.S. dollar, as the greenback gained on optimism surrounding an end to the longest government shutdown in U.S. history. Japanese Prime Minister Sanae Takaichi announced that her government plans to abandon its current annual...

Dow futures fell 1.7 percent, S&P 500 futures slipped 1.8 percent, and Nasdaq 100 futures were down 1.6 percent after Credit Suisse Group AG’s top shareholder, Saudi National Bank, ruled out investing any more in the troubled Swiss bank.

Former RBI Governor Raghuram Rajan said that a pause in the next FED meeting looks like a low probability and 25 bps hike still looks like a strong possibility, 50 bps is off the table. He was speaking in an exclusive interview with CNBC TV18, over the Silicon Valley Bank collapse.

The S&P 500 was 0.2% higher in afternoon trading after bouncing between small gains and losses earlier. The Dow Jones Industrial Average rose 99 points, or 0.3%, at 33,785, as of 12:44 p.m. Eastern time, while the Nasdaq composite was relatively unchanged.

The Swiss bank is paying 3 billion francs ($3.3 billion) for its rival in an all-share deal that includes extensive government guarantees and liquidity provisions.

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.

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

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.

TikTok, owned by China's ByteDance, has 125 million active monthly users in Indonesia, a country of more than 270 million people. It has been looking to translate the large user base into a major e-commerce revenue source.

An interesting tussle is taking place in the union territory of Puducherry that could change the course of politics in south India. 

The Gujarat Assembly on Thursday passed an amendment bill which provides for a prison sentence of upto ten years for fraudulent or forcible conversion by marriage. The bill amended a 2003 law which penalises religious conversion through coercion or allurement.

Narendra Modi will travel from Madurai to reach Pathanamthitta in Kerala where he will address the public programme at the Rajiv Gandhi indoor stadium at 1.15 p.m.

Despite sporadic violence and accusations of vote fraud in Nandigram, TMC supremo Mamata Banerjee said she was confident of victory from the constituency where she had a one-and-half decade ago led a farmers' movement against a chemical hub planned by the then Left front Government.

On Thursday, Alvotech ( ALVO ) announced the acquisition of R&D operations of Xbrane Biopharma AB along with a biosimilar candidate, XB003, which is based on Cimzia (certolizumab pegol) for around SEK275 million (around $27 million). The transaction includes a cash payment of SEK102.2 million at closing, along with the assumption of SEK172.8 million in debt and accounts payable. The creditors...

06:29 AM EDT, 03/20/2025 (MT Newswires) -- Nvidia ( NVDA ) plans to spend several hundred billion dollars worth of chips and electronics manufactured in the US over the next four years, the Financial Times reported late Wednesday, citing chief executive officer Jensen Huang as saying in an interview. Huang said the chipmaker can now manufacture its latest systems in...

06:15 AM EDT, 03/20/2025 (MT Newswires) -- i-80 GOLD CORP. ( IAUX ) was at last look up 4% in US premarket trade after it overnight Wednesday announced it has finalized two third-party processing agreements in respect of toll milling as well as ore sales for refractory and oxide material, respectively. According to a statement, the agreements remain in effect...

06:32 AM EDT, 03/20/2025 (MT Newswires) -- Enerflex ( EFXT ) said late Wednesday that President and Chief Executive Marc Rossiter stepped down from his roles, effective immediately. The company has named Chief Financial Officer Preet Dhindsa interim CEO, while Vice President Treasury Joe Ladouceur has been named interim CFO, Enerflex ( EFXT ) added. The energy infrastructure and transition...

TL;DR TREAT, Shiba Inus reward token, goes live next week, with KuCoin promising to list it on its platform. The SHIB community is warned that scammers target victims with fake offers involving the upcoming meme coin. The First to Add TREAT The Shiba Inu-related meme coin TREAT will go live on January 14. It is designed to be the reward...

Nevada-based Bitcoin mining firm CleanSpark   has reached a significant milestone by surpassing 10,000 BTC in its treasury. All the Bitcoins were mined exclusively from its US-based operations. The latest figure reflects a 236% year-over-year (YoY) increase in its Bitcoin holdings. CleanSpark Hits Milestone Zach Bradford, CEO and President of the firm attributed the milestone to the company’s strategic focus...

Bankrupt cryptocurrency exchange FTX has responded to recent claims by Backpack regarding the acquisition of its European arm, FTX EU, and the repayment of customer funds. In a statement released on January 8, the failed crypto firm clarified that the U.S. Bankruptcy Court has not approved the sale of FTX EU to Backpack, nor has it been authorized to manage...

The U.S. Senate Banking Committee, led by Chairman Tim Scott, is reportedly planning to establish its first subcommittee dedicated to cryptocurrency. This initiative marks an important milestone in the Senate’s approach to regulating the digital assets industry. Cynthia Lummis Selected as Chair Fox Business reporter Eleanor Terret shared the development in a January 10 post on X, noting that Senator...