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...

The Canadian dollar fell against most major currencies on Monday following the release of weaker-than-expected inflation data. Government data showed that Canadas annual inflation rate eased to 2.2% in October, as gasoline prices declined, food inflation slowed, and mortgage-interest costs dropped below 3%, according to official figures released Monday. The removal of the carbon tax on gasoline earlier this year...

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...

Renewable energy is booming across emerging economies, where the economic viability of wind and solar power has made them the obvious choice in most national and regional contexts. More importantly, the rapid shift in renewable-energy economics is not only saving developing countries money but could also deliver substantial financial gains in the coming years. A recent study from the University...

01:38 PM EDT, 10/09/2024 (MT Newswires) -- Health care stocks were higher Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each rising about 0.8%. The iShares Biotechnology ETF (IBB) was fractionally lower. In corporate news, GSK (GSK) shares jumped 8%. The company reached settlements to pay a total of up to...

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...

01:43 PM EDT, 10/09/2024 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index up 0.2% and the Energy Select Sector SPDR Fund (XLE) adding 0.6%. The Philadelphia Oil Service Sector index was 0.1% lower, and the Dow Jones US Utilities index was shedding 0.9%. US crude oil stocks, including those in the Strategic Petroleum...

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...

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.

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.

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.

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 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.

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. 

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.

10:22 AM EDT, 05/10/2024 (MT Newswires) -- CoreCivic ( CXW ) delivered solid Q1 results that came in above market expectations, while the prison and detention center operator is also seeing increasing occupancy levels, Wedbush said in a note to clients on Friday. Relative to our estimate, revenues were higher than expected, and operating expenses were lower than expected, leading...

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:...

10:25 AM EDT, 05/10/2024 (MT Newswires) -- Intuitive Machines ( LUNR ) plans another moon trip by the end of 2024, aiming to install a 4G network on the lunar surface, in partnership with Nokia's ( NOK ) , Bloomberg reported Friday, citing founder Kam Ghaffarian. On our second mission, which will be in the last quarter of the year,...

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....

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...

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...

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Toncoin. Ethereum (ETH) Ethereum had a good week after closing with a 12% price increase. This impressive recovery came after the whole market rallied, which allowed ETH to turn $3,300 into key support. With a new base now secured, buyers can look up to their next...