The US dollar fell against a basket of major currencies on Wednesday after remarks by Federal Reserve Chairman Jerome Powell strengthened market expectations for a series of interest rate cuts over the coming months. The Japanese yen and the Australian dollar emerged as the best-performing currencies of the day, both continuing to recover from the sharp declines they recorded against...

The world is witnessing an unprecedented surge in energy demand driven by the rapid spread of artificial intelligence technologies, putting immense pressure on power sources and grid infrastructure worldwide. With expectations for continued growth in this sector, public and private investors are racing to accelerate the large-scale development of new data centers. According to data from the International Energy Agency...

The Japanese yen rose in Asian trading on Wednesday against a basket of major and minor currencies, extending its gains for the second consecutive day against the US dollar and reaching its highest level in a week, supported by the decline in the American currency following comments by Federal Reserve Chairman Jerome Powell. This rise was also bolstered by the...

Federal Reserve Chair Jerome Powell said Tuesday that the U.S. labor market remains in a state of stagnation, marked by low hiring and firing rates through September, though the broader economy may be on a somewhat stronger path than previously expected. Powell noted that policymakers will take a meeting-by-meeting approach to any further interest rate cuts, as they try to...

01:22 PM EDT, 09/24/2025 (MT Newswires) -- Health care stocks declined Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each decreasing 0.2%. The iShares Biotechnology ETF (IBB) was shedding 0.5%. In corporate news, Sanofi ( SNY ) and its Winthrop Industrie unit were ordered by a Paris appeals court to pay...

01:40 PM EDT, 09/24/2025 (MT Newswires) -- Tech stocks were lower Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.7% and the SPDR S&P Semiconductor ETF (XSD) down 0.2%. The Philadelphia Semiconductor index was shedding 0.2%. In corporate news, Oracle (ORCL) launched an investment-grade bond sale worth $18 billion on Wednesday, the second biggest offering of this...

01:15 PM EDT, 09/24/2025 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 1.6% and the Energy Select Sector SPDR Fund (XLE) adding 2.1%. The Philadelphia Oil Service Sector index was climbing 1.4%, and the Dow Jones US Utilities index was up 0.7%. Front-month West Texas Intermediate crude oil was rising 2.1% to...

01:10 PM EDT, 09/24/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) fell 0.5%. US benchmark stock indexes traded lower while government bond yields rose in midday trading on Wednesday. Energy iShares US Energy ETF (IYE) and the Energy Select Sector SPDR (XLE) each added about 2%. Technology...

(Reuters) - Micron Technology ( MU ) forecast first-quarter results ahead of Wall Street estimates and reported fourth-quarter revenue growth that was the highest in more than a decade on the back of booming demand for its memory chips used in the AI industry. The company's shares, which have gained about 12% this year, were up nearly 14% after the...

PITTSBURGH, Pa., Sept 25 (Reuters) - U.S. Vice President Kamala Harris said on Wednesday she would offer tax credits to domestic manufacturers and invest in sectors that will define the next century, as she detailed her economic plan to boost the U.S. middle class. Speaking at the Economic Club of Pittsburgh in the battleground state of Pennsylvania, the Democratic candidate...

Whales with a lot of money to spend have taken a noticeably bullish stance on IBM ( IBM ). Looking at options history for IBM ( IBM ) we detected 17 trades. If we consider the specifics of each trade, it is accurate to state that 52% of the investors opened trades with bullish expectations and 11% with bearish. From...

Analysts' ratings for Pegasystems ( PEGA ) over the last quarter vary from bullish to bearish, as provided by 10 analysts. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 4 3 0...

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.

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.

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.

05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...

(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...

HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...

March 22 (Reuters) - All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions, Bloomberg News reported on Friday. Reuters reported earlier this week that India's Reliance Industries, operator of the world's biggest refining complex, would not buy Russian oil loaded on tankers operated by shipper Sovcomflot (SCF) after recent...

Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...

Solana (SOL) has become the most popular blockchain ecosystem in 2024, capturing nearly 50% of global crypto investor interest in chain-specific narratives, according to a recent report by crypto data aggregator CoinGecko. The report follows the accelerated resurgence of SOL this year, currently at $177 and getting closer to its 2021 highs. Another reason behind Solana’s massive traction is the...

Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...

TL;DR Meme coins on the Solana blockchain have shown potential for high profits, with instances of substantial investment returns highlighted. Despite these opportunities, the inherent volatility of meme coins underscores a considerable risk of losses. Meme coins built on the Solana blockchain have been thriving in the past several months, with the sector spewing new ones quite frequently. Todays best...