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The Latest Breaking News from United States

US Stock Market: Rising equity financing costs cast shadow over Wall Street's rally

US stock markets are facing a new hurdle as borrowing costs for financing equity positions surge. Record demand for leveraged investments and derivatives activity are straining bank capacity, pushing up financing expenses. This trend, particularly concentrated in tech and semiconductor stocks, raises questions about the sustainability of the current rally,…

The Economic Times

"He grabbed me and said, I like you. You've got a lot of nerve": ZZ Top's Billy Gibbons on the night his teenage band supported Jimi Hendrix, and closed their set with Foxy Lady and Purple Haze

When The Moving Sidewalks were picked to support Jimi Hendrix in Texas in 1968, they had just about enough songs to play a full set, but two of those were Jimi Hendrix hits

Louder

Sensex rises over 200 points, Nifty above 24,000; Maruti Suzuki shares jump 3%

Indian stock markets rebounded on Tuesday, with both Sensex and Nifty climbing approximately 0.4% after a dip in the previous session. The Sensex surged over 200 points to cross 77,000, while the Nifty 50 also saw a healthy jump, nearing 24,000. Broader market indices, including Midcap and Smallcap, also participated…

The Economic Times

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Venezuela's La Guaira port reopens to deliver earthquake aid, US military says

Venezuela's La Guaira port has resumed operations after repairs and is receiving humanitarian aid for earthquake victims, the US military said Monday. US Southern Command said the USS Fort Lauderdale was delivering critical supplies through the port after twin powerful earthquakes killed more than 1,700 people and left tens of…

France 24

India's next stock market headache isn't oil but a bigger storm brewing in the skies

India's stock market faces a new challenge as a severe "Super El Niño" threatens the monsoon, impacting 56% of GDP tied to consumption. This follows a decade-low monsoon start, with rainfall deficits exceeding previous El Niño years. Analysts warn of domestic demand destruction, range-bound markets, and downgrades in consumer sectors,…

The Economic Times

NRI Talk | Rupee depreciation shouldn't deter NRIs; India still offers attractive dollar returns: Feroze Azeez

NRIs are questioning India's investment appeal due to recent flat returns and rupee depreciation. However, experts emphasize India's strong long-term structural growth story, driven by a young population and rising consumption. Despite short-term cycles and US market rallies, India offers attractive dollar returns over the long haul, supported by improving…

The Economic Times

Socceroos determined to outmuscle Salah's Egypt

The Socceroos are ready to take it up to Egypt physically as they hunt their maiden World Cup knockout win.

AAP

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Aussie shares fall as gold drops to eight-month low

The main stock exchange index slipped 0.5 per cent, after gold stocks dropped sharply as the price of the metal fell to its lowest level since November.

AAP

Oyo parent Prism files updated IPO papers for fresh issue worth Rs 6,650 crore

OYO parent Prism, formerly Oravel Stays, has filed an updated DRHP with SEBI for a Rs 6,650 crore IPO entirely through fresh issue. Proceeds will primarily repay borrowings, with remaining funds for corporate use. The company may also undertake a pre-IPO placement before listing plans progress further.

The Economic Times

'US-India relationship at lowest point in 30 years,' says Democrat Congressman Ro Khanna

Democrat Congressman Ro Khanna asserted the US-India relationship is at a 30-year low, blaming President Trump's unilateral foreign policy, particularly towards Iran, for harming India's economy and damaging US credibility. He criticized trade disputes and highlighted a loss of trust. Khanna contrasted Trump with FDR, emphasizing the need to rebuild…

The Economic Times

Digital sovereignty concept being weaponised: US official

"India is especially interesting because it's not only a country with whom we have a deep values alignment, but India obviously is the only country on Earth that fundamentally rivals China, with respect to the depth of its engineering workforce and talent pool," he said.

The Economic Times

Weak housing market could imperil Australia's economy

The Reserve Bank says it will not hesitate to raise interest rates again if necessary, according to minutes from its latest board meeting.

AAP

How NATO will try to keep Trump happy at Ankara summit

US President Donald Trump is set to attend a NATO summit in Ankara, aiming to appease him after his criticism of allies' response to his Iran conflict. NATO leaders plan to showcase increased defense spending and new deals, hoping to secure his approval. The summit's success hinges on avoiding further…

The Economic Times

Venezuelans search more earthquake ruins as attention turns to humanitarian crisis

Venezuelans are desperately searching for survivors after powerful earthquakes, with hopes fading as days pass. The cash-strapped government faces immense pressure to manage the humanitarian crisis, providing aid and shelter to thousands left homeless. Despite government efforts to showcase recovery, questions linger about the true extent of damage and the…

The Economic Times

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The Economic Times

India may push counter-terrorist financing watchdog to add Pakistan to 'Grey List'

India is reportedly planning to push for Pakistan's return to the FATF 'Grey List' at the upcoming October meeting. New Delhi may present evidence, including videos, suggesting Islamabad's continued support for terror outfits. This move aims to hold Pakistan accountable for alleged proliferation of non-state actors and the use of…

International Business Times UK

Trump's Great American State Fair Is Finally Open. Why Is It Being Compared to the 'Willy Wonka Experience'?

The Great American State Fair opens on Washington's National Mall as part of the USA's 250th birthday celebrations, sparking both excitement and controversy over its execution and political undertones.

The Economic Times

Trump to make first flight on Qatar-gifted jet this week

President Trump is set to fly on a new Air Force One, a Boeing 747 gifted by Qatar, for a trip to North Dakota this Wednesday. This move, however, has sparked significant ethical and constitutional debate, with critics questioning the acceptance of such a valuable present from a foreign nation.…

Sports Illustrated

Supercomputer Predicts USMNT’s 2026 World Cup Finish After Group Stage Concludes

The U.S. men’s national team is chasing its best finish in the modern era of the World Cup.

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The Economic Times

Emerging technologies will define next phase of India-US ties: Ambassador Kwatra

Emerging technologies like AI and semiconductors will spearhead India-US cooperation, according to Ambassador Vinay Mohan Kwatra. India is becoming a key player in global value chains, attracting investment for production diversification. The nation's economy, projected to reach $7 trillion by 2030, is an "indispensable anchor" for global growth amidst uncertainty.…

The Economic Times

More cash, not enough weapons: NATO presses to produce more

NATO leaders face a critical challenge in Ankara: transforming increased defence budgets into actual weapons. Despite significant spending hikes, Europe struggles with production capacity, long wait times, and fragmented markets. Ukraine's wartime innovation, particularly in drones, offers a stark contrast and a potential model for Europe to outproduce and outgun…

International Business Times UK

From Lonely to Confident: Inside the $20,000-a-Year US Boot Camps Teaching Men How to Talk to Women

A British man joins a Nashville dating boot camp, revealing the emotional depths and societal issues men face in seeking genuine connections amidst loneliness and commercialised dating advice.

The Economic Times

US envoy Sergio Gor says Marco Rubio plans second India visit this year, reassures American investors

To illustrate the deepening personal connection between the two administrations, the envoy revealed that US Secretary of State Marco Rubio was so profoundly captivated by his maiden official visit to India in May that he is already actively coordinating a return trip before the end of the year.

The Independent UK

SpaceX’s record-setting IPO is now fueling luxury home sales in Los Angeles

Thousands of people became millionaires after the company’s historic June stock offering

The Economic Times

Oil Price Today (June 30): Brent crude falls to $72/barrel as investors await US-Iran talks

Brent crude futures dropped around 1% to $72.50 a barrel while US West Texas ‌Intermediate (WTI) crude futures ⁠fell around 0.7% to $70.28 per barrel, as seen at 7.20 am on Monday. Brent crude fell nearly 11% last week to mark its third week of loss after crude shipments through…

The Economic Times

Gold set for fourth monthly fall on bets of Fed rate hikes

Gold prices tumbled over 1% on Tuesday, heading for a fourth consecutive monthly drop. Shifting from Middle East concerns, the market now anticipates U.S. interest rate hikes to combat inflation. This outlook, coupled with a strengthening dollar, is weighing heavily on the precious metal. Investors are keenly awaiting upcoming U.S.…

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