US Debt Ceiling Deal Talks Conclude Days Before Default Deadline
US President Joe Biden and House Speaker Kevin McCarthy have agreed on a deal, just days before the deadline, to suspend the US debt ceiling...
Category : WORLD
Asian Markets Rejoice Over US Debt Ceiling Agreement
Asian shares mostly rose on Monday, May 29 as investors rejoiced in the deal between US President Joe Biden and House Speaker Kevin McCarthy to...
Ford, Tesla Shares Jump More Than 7% on Supercharger Deal
Shares of Ford Motor Co rose more than 7% on Friday after the No. 2 US automaker announced plans to allow its electric-vehicle owners access...
Tesla Model Y Becomes First Electric Car to Earn World’s Best-Selling Car Tag
Tesla Model Y has become the first all-electric vehicle to claim the title of the best-selling car in the world, according to a report. According...
US Lawmaker Introduce Bill to Declare Diwali as Federal Holiday in US
A prominent US lawmaker introduced a bill in the US Congress on Friday to declare Diwali (the festival of lights) a federal holiday, a move...
US Treasury Cash Reserves Fall to Lowest Level Since 2017 as Debt Talks Continue
While negotiators in Washington struggle to reach a deal on the statutory debt limit that will be amenable to both sides of politics, the Treasury’s...
US Debt Default Deadline Extended to June 5, Negotiators Hopeful of a Deal Soon
Treasury Secretary Janet Yellen has warned the US Congress once more that the country would run out of money to pay its debts on June...
Wall Street Indexes End Sharply Higher on Debt Ceiling Optimism
Wall Street ended sharply higher on Friday as talks to raise the US debt ceiling made progress, while chip stocks rose for a second day...
Hedge Fund Trader Sanjay Shah Ordered to Pay Denmark’s Tax Authority $1.25 Billion by Dubai Court
Sanjay Shah, an Indian-origin Hedge Fund trader, has been convicted of money laundering and tax fraud and has been ordered by the Dubai Court of...
Nvidia Stocks See Record Surge over Booming Quarterly Result Led by AI Chips
Nvidia Corp. is closing in on a $1 trillion market capitalisation after its shares surged double digits in a single day over bumper quarterly results....
