The US dollar was little changed on Wednesday as investors monitored the latest developments between the United States and Iran while awaiting key US inflation data that could provide important clues about the future path of Federal Reserve interest rates. US forces launched strikes against Iranian targets after President Donald Trump vowed on Tuesday to respond to the downing of...

The euro weakened in European trading on Wednesday against a basket of global currencies, resuming losses against the US dollar after a two-day recovery. The single currency moved lower once again toward a three-month low, pressured by escalating geopolitical tensions in the Middle East, particularly after the United States launched a new round of airstrikes against Iran. Higher oil prices...

US inflation accelerated in May, supported by rising energy costs, according to data released on Wednesday, marking the largest annual increase in three years. The US Consumer Price Index (CPI) rose 4.2% year-over-year in May, in line with market expectations and reaching its highest level in three years. On a seasonally adjusted monthly basis, the index increased 0.5% from the...

The Canadian dollar rose modestly against its US counterpart on Wednesday after the Bank of Canada maintained a wait-and-see approach on interest rates, while investors continued to assess the future of the North American free trade agreement amid ongoing uncertainty. The Canadian dollar, commonly known as the loonie, gained about 0.2% to C$1.3925 per US dollar after trading in a...

01:07 PM EDT, 03/19/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) rose 1%. US equity indexes rose amid higher government bond yields ahead of the policy announcements from the Federal Reserve and Chair Jerome Powell's press briefing on Wednesday. Energy iShares US Energy ETF (IYE) and Energy...

01:39 PM EDT, 03/19/2025 (MT Newswires) -- Health care stocks declined Wednesday afternoon, with the NYSE Health Care Index down 0.6% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.5%. The iShares Biotechnology ETF (IBB) fell 0.4%. In corporate news, UnitedHealth Group's ( UNH ) Optum Rx unit said Wednesday that it's eliminating as much as 25% of...

01:40 PM EDT, 03/19/2025 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.8% and the SPDR S&P Semiconductor ETF (XSD) adding 0.7%. The Philadelphia Semiconductor index was up 0.5%. In corporate news, the European Commission said Tuesday it has notified Alphabet (GOOG) that its preliminary findings show two of the...

01:32 PM EDT, 03/19/2025 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 1.3% and the Energy Select Sector SPDR Fund (XLE) up 1.4%. The Philadelphia Oil Service Sector index added 1.2%, and the Dow Jones US Utilities index increased 0.1% US crude oil stocks, including those in the Strategic Petroleum Reserve, rose...

Nearly all Open AI employees have threatened to quit unless the board stepped down with both Microsoft and Salesforce putting out offers to poach the disgruntled employees.

Russia has repeatedly clashed with foreign technology companies over content, censorship, data and local representation in a simmering dispute that intensified after Moscow sent its armed forces into Ukraine in February 2022.

Efforts by a group of OpenAI executives and investors to reinstate Sam Altman to his role as chief executive officer...

Executives from Microsoft Corp., Citigroup Inc., Tesla Inc. and other large multinationals are meeting this week with Chinese President Xi Jinping and other Asian leaders, as well as US President Joe Biden.

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.

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.

07:30 AM EDT, 05/24/2024 (MT Newswires) -- KKR & Co ( KKR ) is set to gain unconditional EU antitrust approval to acquire Telecom Italia's fixed-line network in a 22-billion-euro ($23.85 billion) deal once it agrees to maintain existing commercial contracts with Telecom Italia competitors, Reuters reported Friday, citing unnamed people with direct knowledge of the matter. The potential deal...

07:30 AM EDT, 05/24/2024 (MT Newswires) -- Kristin Johnson, a Democratic commissioner at the Commodity Futures Trading Commission, is a leading candidate to replace Martin Gruenberg as the chair of the Federal Deposit Insurance Corporation, Bloomberg reported on Friday, citing a person familiar with the matter. Earlier this week, Gruenberg said that he would step down following a report by...

(Reuters) - Citigroup ( C/PN ), HSBC Holdings ( HSBC ) and Barclays ( JJCTF ) are ordering more staffers to report to company offices five days a week, Bloomberg News reported late on Thursday. Citi has asked about 600 U.S. employees, who were earlier eligible to work remotely, to commute to company offices full-time, the report said, citing a...

07:34 AM EDT, 05/24/2024 (MT Newswires) -- Oncolytics Biotech ( ONCY ) on Friday said it presented two abstracts ahead of the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting, which runs from May 31 - June 4, 2024, in Chicago. The abstracts show the company's lead candidate pelareorep's role in cancer treatment. One is a trial-in-progress abstract discussing...

Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States surpassed $5 billion in daily trading volume on August 5. This marks the first time since mid-April that such a high volume has been reached. BlackRock’s IBIT Leads with Nearly $3 Billion According to DefiLlama data, BlackRock’s IBIT ETF was a major contributor to this volume, generating nearly $3 billion...

FX Analysis: USD/JPY, AUD/JPY Markets show relief after yesterday’s global sell-offUSD/JPY sell-off pauses, but threat of the carry trade unwind remainsAUD/JPY embodies the risk off trade within the FX space Recommended by Richard Snow Get Your Free JPY Forecast Markets Show Relief after Yesterday’s Global Sell-off The effects of yesterday’s global sell-off appear to be easing on Tuesday. Risk gauges...

In a candid conversation during EthCC, Greg Osuri, the founder of Akash Network, shares insights into his journey, Akashs inception, and the future of decentralized cloud computing. Osuris venture into the world of decentralized cloud computing began long before Akash Network. Osuri, an experienced entrepreneur, first made waves with AngelHack, the largest hackathon-based accelerator globally. Before AngelHack, hackathons were a...

Ronin Network, an Ethereum Virtual Machine blockchain for play-to-earn games, just witnessed its second hack in roughly two years. The exploiters have siphoned more than $11 million from the protocol. A tweet by the blockchain security firm PeckShield revealed that a Maximal Extractable Value (MEV) bot just withdrew Ether (ETH) and USD Coin (USDC) worth $11.33 million from the network’s...