The Federal Reserve is widely expected to keep interest rates unchanged on Wednesday, amid internal divisions over the future path of monetary policy, as President Donald Trump and other White House officials intensify pressure on the central bank. Trump escalated that pressure on Wednesday morning, following the release of economic data showing US GDP grew at an annualized rate of...

The euro rose in European markets on Wednesday against a basket of global currencies, marking its first gain in five sessions versus the US dollar. The rebound came as investors bought the euro from lower levels, while the dollars upward momentum paused in the forex market. Expectations of a European rate cut in September declined following last weeks hawkish European...

The Japanese yen rose in Asian markets on Wednesday against a basket of major and minor currencies, continuing its recovery for the second consecutive day from a two-week low versus the US dollar. This was driven by buying activity at lower levels and a pause in the dollar's recent rally in the foreign exchange market. The Bank of Japans policy...

The US dollar fluctuated near its one-month high on Wednesday ahead of the Federal Reserves monetary policy decision, while the euro appeared on track to end a six-month streak of monthly gains as investors weighed the cost of the new US-EU trade agreement. The Japanese yen rose against the dollar following a powerful earthquake off Russias Kamchatka Peninsula, which triggered...

02:02 PM EDT, 08/13/2025 (MT Newswires) -- ProFrac ( ACDC ) shares were 40% lower amid heavy trading after the company said Wednesday it priced a $75 million stock offering. Over 11 million shares traded intraday, versus a daily average of roughly 760,000. KinderCare Learning Companies' ( KLC ) Q2 revenue drop and a reduction in guidance were due to...

02:01 PM EDT, 08/13/2025 (MT Newswires) -- Health care stocks rose Wednesday afternoon, with the NYSE Health Care Index adding 1.4% and the Health Care Select Sector SPDR Fund (XLV) advancing 1.3%. The iShares Biotechnology ETF (IBB) climbed 2.1%. In corporate news, ReShape Lifesciences' ( RSLS ) merger with Vyome Therapeutics received Nasdaq approval for listing upon completion of the...

(Updates to afternoon, adds analyst comment ) * Indexes up: Dow 0.88%, S&P 500 0.19%, Nasdaq 0.11% * Traders fully price in 25 bps Fed rate cut in September * Fed cut seen near certain after inflation data, Bessent comments * CoreWeave ( CRWV ) falls after larger-than-expected Q2 net loss By Saeed Azhar, Johann M Cherian and Sanchayaita Roy...

02:02 PM EDT, 08/13/2025 (MT Newswires) -- Energy stocks were slightly higher Wednesday afternoon with the NYSE Energy Sector Index up 0.2% and the Energy Select Sector SPDR Fund (XLE) adding 0.3%. The Philadelphia Oil Service Sector Index was up 0.2% and the Dow Jones US Utilities Index shed 0.4%. West Texas Intermediate crude oil fell 1.4% to $62.27 a...

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.

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.

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.

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.

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.

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.

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.

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.

For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.

Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.

Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.

The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.

The Discovery Fund aims to identify and empower entrepreneurs and early-stage startups to leverage the potential of cryptocurrencies to address real-world problems.

There were several important developments in the startup space during the day on Monday. Here are the top stories that made headlines in the startup universe.

There were several important developments in the startup space during this week. Here are the top stories in the startup...

There were several important developments in the startup space during the day on Tuesday. Here’s a wrap of all top startup headlines.