USD, US Equities Analysis Post-FOMC Fed forced to trim rate cut bets due to hotter inflation profileUSD reclaims some lost ground on hawkish forecastsUS equities rally on lower yields, USD despite the hotter inflation outlook The Fed Forced to Trim Rate Cut Bets due to Hotter Inflation Profile Federal reserve members were allowed the opportunity to revise their individual interest...

Federal Reserve Chair Jerome Powell said the US economy achieved some progress in bringing inflation towards the 2% target and increasing job opportunities. Powell said the labor market has achieved a better balance with strong employment gains, while inflation fell from 7% to 2.7% but remains too high. He asserted the Feds commitment to bring inflation to the 2% target...

US Dollar Index Prints a One-Month High, USD/JPY Weakens Post-BoJ Meeting US dollar index rally continues.Japanese Yen weakens further on disappointing bond news. Recommended by Nick Cawley Forex for Beginners The US dollar index continues its recent move higher, aided by a weaker Euro and Japanese Yen. The Euro is still feeling the effects of last weekend’s European Parliamentary Elections...

Euro rose in European trade on Thursday against a basket of main rivals, as it maintained gains for the second day against the dollar, moving in a positive zone as focus pivots from EU political risks to the Europe-US interest rate gap. Markets now expect one more interest rate cut by the Federal Reserve before the year end, while the...

04:34 PM EDT, 08/08/2024 (MT Newswires) -- US benchmark equity indexes closed higher Thursday after the latest weekly jobless claims data helped ease economic concerns. The Nasdaq Composite jumped 2.9% to 16,660, while the S&P 500 rose 2.3% to 5,319.3. The Dow Jones Industrial Average advanced 1.8% to 39,446.5. All sectors advanced, led by technology's 3.3% gain. In economic news,...

* Eli Lilly ( LLY ) gains after lifting annual sales forecast * Under Armour ( UAA ) rallies on better-than-feared Q1 results * Indexes: Dow up 1.8%, S&P 500 up 2.3%, Nasdaq up 2.9% (Updates to 4:15 p.m. ET) By Caroline Valetkevitch NEW YORK, Aug 8 (Reuters) - U.S. stocks jumped on Thursday, with the Nasdaq and S&P 500...

04:19 PM EDT, 08/08/2024 (MT Newswires) -- The Toronto Stock Exchange posted its first rise in five sessions on Thursday, pushed on by widespread gains amid rising commodity prices and some relief to worries over the health of the U.S. economy. The S&P/YSX Commodities Index closed up 344.66 points to close at 22,225.61. The biggest gainers are Health Care, up...

05:10 PM EDT, 08/08/2024 (MT Newswires) -- US benchmark equity indexes closed higher Thursday after the latest weekly jobless claims data helped ease concerns regarding the health of the economy. The Nasdaq Composite jumped 2.9% to 16,660, while the S&P 500 rose 2.3% to 5,319.3. The Dow Jones Industrial Average advanced 1.8% to 39,446.5. All sectors closed higher, led by...

The IT city is facing the worst of floods and social media is flooded with visuals from Bengaluru as residents expressed their anger, opinions, and interesting takes online.

On World Environment Day 2022, we take a look at the tech sector that alone is responsible for 2-3 percent of the global greenhouse gas emissions. See how technology impacts the environment and what the big companies are doing.

Erratic patterns of rainfall, heatwaves, storms, floods, and other consequences of climate change are threatening our genetically similar food crops. The way out is to introduce genetic diversity, but that's easier said than done.

”If you’re watching television, the TV screen will flash the warning message and there will be audio too. If you’re listening to a song on the radio, it will be cut short and the alert will be aired. This will be done very shortly,” the official said.

Prime Minister Narendra Modi’s followers on Twitter were surprised to find a strange tweet from the leader on Sunday. The tweet asked for donations in cryptocurrencies. The tweet along with a few others was deleted after the hacked account was restored.Many celebrities, actors, politicians and artists have fallen victim to cyber-attacks. Here are some public figures whose accounts on social media platforms were hacked.

As per the information provided by Ministry of Consumer Affairs, a total of 11,713 and 9,002 complaints of cyber frauds were received on National Consumer Helpline during the financial years 2019-20 and 2020-21, Minister of State for of Electronics and IT Rajeev Chandrasekhar said in a written reply to the Lok Sabha.

A hologram statue of  Netaji Subhas Chandra Bose was installed at India Gate on the freedom fighter’s 125th birth anniversary by PM Narendra Modi. The hologram will be replaced by a 28-feet granite statue of Netaji, to be sculpted by artists of NGMA, Delhi.

Facebook-parent Meta said it will be activating its Elections Operations Center to watch out for potential abuses that could emerge across the platform related to state elections

(Reuters) -The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks. The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Today, all 193 members...

(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...

BOGOTA, March 21 (Reuters) - Colombia's Ecopetrol said on Thursday its Reficar oil refinery was awarded 19.9% of the common capital in U.S. infrastructure firm McDermott in preferential shares by a judge in Amsterdam. The Reficar refinery is located in the Colombian city of Cartagena, and has been the subject of a prolonged international dispute dating back to the facility's...

SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy

The crypto industry has been focussing hard on making the business more environment friendly.

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