The U.S. dollars sharp rally over the past month is unlikely to last, as analysts view it as driven largely by temporary factors notably the suspension of U.S. economic data releases due to the federal government shutdown and political turmoil in rival economies. The greenback has risen about 3% against a basket of major currencies since mid-September, recovering part of...

The US dollar rose gradually on Monday after fears of a renewed escalation in the trade war between the United States and China eased, while political developments in France and Japan weighed on both the euro and the yen. The dollar index which measures the performance of the US currency against a basket of six major peers climbed 0.2% to...

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...

The British pound rose in European trading on Tuesday against a basket of global currencies, resuming its recovery from a two-month low against the US dollar, supported by a pause in the dollars rally ahead of key remarks from Federal Reserve Chair Jerome Powell. Expectations are leaning toward a 25-basis-point rate cut by the Bank of England at its November...

08:34 AM EST, 02/05/2025 (MT Newswires) -- Financial stocks were edging higher pre-bell Wednesday, with The Financial Select Sector SPDR Fund (XLF) up 0.2%. The Direxion Daily Financial Bull 3X Shares (FAS) was 0.7% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.7%. Banco Santander (SAN) shares were up 7.6% after the company reported...

08:14 AM EST, 02/05/2025 (MT Newswires) -- US equity futures were lower pre-bell Wednesday as traders digested earnings from Alphabet (GOOG, GOOGL) and Advanced Micro Devices ( AMD ) . The Dow Jones Industrial Average futures slipped 0.1%, S&P 500 futures fell 0.4%, and Nasdaq futures were down 0.8%. Alphabet shares were down 6.8% pre-bell after the company reported late...

08:05 AM EST, 02/05/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.5% and the actively traded Invesco QQQ Trust (QQQ) retreated 0.8% in Wednesday's premarket activity amid disappointing earnings reports from major technology companies. US stock futures were mixed, with S&P 500 Index futures down 0.5%, Dow Jones Industrial...

Emerson Electric Company ( EMR ) shares are trading lower premarket on Wednesday after the company reported first-quarter FY25 results. Net sales growth of 1% year over year (Y/Y) to $4.175 billion missed the consensus of $4.23 billion. Underlying sales were up 2% Y/Y and underlying orders increased by 1% Y/Y in the quarter. Sales by Segments: Final Control $940 million (+4%), Measurement & Analytical $947 million (+3%), Discrete Automation $613 million (-5%); Safety & Productivity $322...

JERUSALEM (Reuters) - Although Israel has not commented on the intelligence operation that caused thousands of pagers used by Hezbollah operatives in Lebanon to explode almost simultaneously, the attack has put a spotlight on Israel's secretive 8200 cyber warfare unit. Here are some facts about the Israel Defence Forces' specialist cyber warfare and intelligence unit, known in Israel by its...

NEW YORK, Sept 17 (Reuters) - Hedge fund Irenic Capital Management on Tuesday urged Kinaxis ( KXSCF ) to see who may want to buy the Canadian software company and warned its board against making reactive decisions and taking half measures. The board should initiate a full strategic review including soliciting interest for a sale for the whole company, Irenic...

SoundHound AI ( SOUN ) underwent analysis by 6 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. 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 3...

The Nasdaq 100 closed slightly higher during Tuesday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or...

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.

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.

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.

IndiGo's on time performance was massively impacted over the weekend after an unexpected cabin crew shortage — 55 percent of the airline's domestic flights were delayed after a significant number of cabin crew members took sick leave, causing chaos at airports.

Restauranteurs have questioned the enforceability of the service charge guidelines under the current legal framework. However, they may have a bit of a problem in their hands if they foist unfair trade practices on consumers, Vaibhav Gaggar, a Supreme Court advocate, told CNBC TV18.

The RBI had released a payment aggregator framework in March 2020 stating that payment gateways will be required to obtain a license in order to acquire merchants and offer them digital payment acceptance solutions. This was done to safeguard the welfare of both consumers and businesses.

The airline spokesperson said neither Chairman Ajay Singh nor any person concerned from the airline has ever met the complainant and that there is no written agreement between them.

ETH has gained 16.7% in the past seven days and over 8% in the past 24 hours alone. This comes amid a heated rally in the broader cryptocurrency market where BTCs price just reached a new all-time high above $118,000. Ironically, some warning signs are starting to pop already. According to popular on-chain monitoring resource Lookonchain, a wallet linked to the Ethereum...

TL;DR The popular crypto whale going by the X handle James Wynn suffered another painful liquidation, at least for one of their visible wallets, tracked by Lookonchain. This came as bitcoins price surge kept going in the past 12 hours or so, hitting a fresh all-time high above $117,000. James Wynns $BTC short position got fully liquidated in less than...

On July 9, the decentralized trading platform GMX suffered a major exploit, leading to the loss of $42 million in assorted cryptocurrencies. Now, on-chain data shows that the hacker has changed most of the stolen funds into 11,700 ETH. The GMX Hack The Wednesday incident saw the attacker stealing over $10 million worth of legacy Frax Dollar (FRAX), $9.6 million...

In a rare but potentially telling market shift, Ethereum futures volume overtook Bitcoin’s over a 24-hour period, recording $62.1 billion compared to BTC’s $61.7 billion on July 10. This reversal, highlighted by market analytics platform Glassnode, may suggest a subtle but meaningful rotation in trader sentiment. While the OG cryptocurrency remains the market leader in price and dominance, Ethereum’s uptick...