The New Zealand dollar fell in Asian trade on Wednesday against a basket of major rivals, extending losses for the second straight session against the US dollar under pressure from the widening interest rate gap between the US and New Zealand. The Reserve Bank of Australia cut interest rates to three-year lows and warned against the impact of US tariffs,...

The Federal Reserve released the minutes of its May meeting, which showed the bank expects one or two 0.25% interest rate cuts by the end of the year. The Federal Open Market Committee sees Trumps April tariffs as highly detrimental to the global risk sentiment. However, such an impact was largely reversed in the opinion of the FOMC following measures...

Australias consumer prices rose 2.4% y/y in April, beating estimates of 2.3%, and same as the previous reading. The data showcases the impact of inflationary pressures on Australian monetary policymakers, and huts the odds of an Australian rate cut in July. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP...

The Reserve Bank of New Zealand cut interest rates by 25 basis points to 3.25% to April 2022 lows, the sixth such rate cut in a row, and matching expectations. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise...

US stock indexes fell on Wednesday as investors focused on corporate earnings and awaited key inflation data. Netflix shares dropped sharply after the company reported weaker-than-expected revenue and profit for the third quarter, while markets turned their attention to Teslas earnings, due after the closing bell. Traders are also awaiting crucial US inflation figures later this week for clues on...

Oct 22 (Reuters) - Wall Street opened muted on Wednesday, with Netflix's disappointing results pressuring market sentiment as investors tiptoe through a high-stakes earnings season. At 09:30 a.m. the Dow Jones Industrial Average rose 6.14 points, or 0.01%, to 46,930.88, the S&P 500 gained 2.53 points, or 0.04%, to 6,737.88 and the Nasdaq Composite lost 19.34 points, or 0.08%, to...

* Indexes: Dow down 0.13%, S&P 500 down 0.01%, Nasdaq down 0.21% * Netflix ( NFLX ) drops after earnings miss * Texas Instruments ( TXN ) slips after fourth quarter results (Updates on market open) By Pranav Kashyap and Twesha Dikshit Oct 22 (Reuters) - Wall Street slipped on Wednesday, with Netflix's ( NFLX ) weak profit weighing on...

* Indexes down: Dow 0.23%, S&P 500 0.30%, Nasdaq 0.67% * Netflix ( NFLX ) drops after earnings miss * Texas Instruments ( TXN ) slips after dour Q4 forecast (Updates with early afternoon prices) By Pranav Kashyap and Twesha Dikshit Oct 22 (Reuters) - Wall Street slipped on Wednesday, weighed down by Netflix's ( NFLX ) underwhelming outlook, which...

ChargePoint Holdings, Inc. ( CHPT ) disclosed a low-cost charging solution designed to facilitate fleet electrification. The Level 2 charger, priced at $699, reduces the barrier to entry for fleets while providing access to one of the world’s most advanced fleet and telematics software platforms. ChargePoint’s comprehensive suite of products ensures a seamless charging experience for fleet operators and drivers,...

Ratings for Confluent were provided by 23 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 11 8 3...

9 analysts have expressed a variety of opinions on Cisco Systems ( CSCO ) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...

Providing a diverse range of perspectives from bullish to bearish, 11 analysts have published ratings on Churchill Downs in the last three months. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 6 0 0 0...

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. 

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.

WASHINGTON, Dec 14 (Reuters) - U.S. President Donald Trump on Saturday named ally Devin Nunes, a former U.S. lawmaker who now runs Trump's Truth Social social media platform, to serve as chairman of President's Intelligence Advisory Board. Nunes, a longtime Trump defender who led the U.S. House of Representatives Intelligence Committee during part of Trump's first White House term, will...

Dec 14 (Reuters) - Boston-based regional banks Berkshire Hills Bancorp ( BHLB ) and Brookline Bancorp ( BRKL ) are in talks to combine, the Wall Street Journal reported on Saturday, citing people familiar with the matter. ...

(Reuters) - All regulatory closing conditions related to Novo Holdings' $16.5 billion acquisition of U.S. contract drug maker Catalent ( CTLT ) had been fulfilled, the companies said on Saturday, adding that the transaction is expected to be completed in the coming days. Novo Holdings in February agreed to buy Catalent ( CTLT ) to boost output of the popular...

Dec 14 (Reuters) - All regulatory closing conditions related to Novo Holdings' $16.5 billion acquisition of acquisition of U.S. contract drug maker Catalent ( CTLT ) had been fulfilled, the companies said on Saturday, adding that the transaction is expected to be completed in the coming days. Novo Holdings in February agreed to buy Catalent ( CTLT ) to boost...

Bitcoin prices have typically rallied in the past following halvings. Six months after the first halving in 2012, the price jumped to $126 from $12. After the second halving in 2016, it went to $1,000 from $654 within seven months and in 2020 it shot up to $18,040 from $8,570 in the same time period.

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.

Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday.

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.