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The Latest Breaking News from United States

Rupee rises 20 paise to 94.20 against US dollar in early trade

The rupee strengthened by 20 paise to 94.20 against the US dollar in early trade on Friday, fueled by optimism surrounding India-US trade negotiations. Positive foreign inflows and supportive oil prices contributed to the rupee's upward momentum. Officials indicated that negotiators are working to finalize a proposed trade pact soon.

The Economic Times

Yuan or Dollar? Indian businesses explore alternatives as import costs climb

Indian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise localisation and supply-chain diversification over currency shifts. While yuan gains attention, established dollar-based trade remains the preferred, more familiar mechanism for smaller enterprises.

The Economic Times

‘You just gotta calm down’: Trump says he told Israel to agree ceasefire with Hezbollah – as it happened

Trump declined to specify whether he spoke with ‌Israeli prime minister Benjamin Netanyahu directly

The Guardian - US

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JD Vance Iran Trip Cancelled: 'Logistics' Cover Hides Real Reason — Iran Walked Out Over Lebanon Strikes

Iran's delegation suspended its Switzerland trip first, citing Israeli strikes inside Lebanon as a breach of Trump's 14-point deal, turning Vance's 'logistics' postponement into a deeper crisis.

International Business Times UK

"It has never ceased to amaze me how much use that one tune gets." The story of Sirius, the dramatic prog anthem played at every World Cup game

The Alan Parsons Project's instrumental Sirius is one of the most famous pieces of music in sport – but its writers don't get the recognition they deserve

Louder

“There Was No Grass In Dinosaur Times”: 52 Facts That You Might Not Believe Are Actually True

We've all heard that truth is stranger than fiction. But sometimes it’s difficult to imagine how that can be true. Once you’ve seen enough movies or read enough books, the idea that anything crazier could happen sounds absurd. But netizens have been sharing some wild fun facts that might finally…

Bored Panda

The U.S. and Iran have signed a peace deal. How long will it take for oil flows in Asia to return to normal?

Even with the Strait of Hormuz open, it will take months for oil flows and prices to return to pre-war levels.

Fortune

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All My Children actor Paul Avery and wife Sheila die in New Jersey house fire

Paul Avery also worked as journalist and editor in New Jersey

The Independent UK

Inside Peter Thiel's Invite-Only Dialog Network: Secret A-B-C Grading System for Billionaires and Politicians

Leaked records expose Peter Thiel's Dialog network, revealing a secret grading system and a list of influential attendees from business, politics, and technology

International Business Times UK

Fresh US strike on alleged drug-smuggling boat kills three - watch video

US military forces engaged a suspected drug trafficking boat in the eastern Pacific, leading to the death of three people. This action, which supports the anti-drug trafficking agenda of former President Trump, has sparked a debate about its legality and the overall effectiveness of such measures.

The Times of India

Indian refiners sitting on enough crude, in no rush to resume purchases from West Asia

India's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of Hormuz reopens. Suppliers have asked them to resume contractual volumes. Refiners have not yet committed. India's imports from the Middle East fell significantly in the…

The Economic Times

Vance leaves shippers in the dark on potential Iran Hormuz tolls

US officials emphasize keeping the waterway open and believe regional neighbors will oppose tolls.

The Economic Times

India's consumption story coming back to life and the timing couldn't be better: Ashi Anand

Indian consumers are set for a strong recovery. Falling interest rates and potential oil price drops are boosting confidence. Tax cuts are already in place. This positive shift is expected to drive spending across various sectors. Experts see this as a broad-based improvement. Digital platforms are also highlighted as a…

The Economic Times

ICO watchdog opens inquiry into cameras in mental health patients’ bedrooms

Exclusive: Oxevision system used by 40% of NHS mental health trusts being scrutinised by information commissioner over privacy concerns

The Guardian - UK

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AAP

Asian shares retreat in thin holiday trading after a tech-led rally on Wall St

Shares have retreated in Asia after U.S. stocks recouped most of their losses from a day earlier

International Business Times UK

No Citizen Safe? Justice Department De-naturalisation Push Could Exceed All Cases Filed Since 2008

The US Justice Department is escalating efforts to revoke citizenship from naturalised Americans, with 250 lawsuits planned by October, as part of Trump's hardline immigration strategy.

The Economic Times

Rs 40,000 crore gone in minutes! Why Infosys shares crashed 9% to hit lowest level in almost 6 years

Infosys share price: Infosys shares plummeted 9% to a near 6-year low, losing nearly Rs 40,000 crore in market cap. This follows Accenture's lowered revenue forecast, sparking concerns over reduced discretionary IT spending. The US Federal Reserve's hawkish stance further fueled worries about a potential slowdown in enterprise technology investments.

The Guardian - UK

US-Iran talks abruptly called off after Israel and Hezbollah trade deadly attacks

JD Vance’s staff were at an airbase ready to fly to summit in Obbürgen before trip was suddenly cancelled

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Bangkok Post

Ukrainian drone makers target Asia as Taiwan tensions spur demand

Firms court Asian militaries spending to counter China, as US says drone

The Guardian - AU

Grammy-nominated music producer Tay Keith, who worked with Drake and Travis Scott, dies aged 29

Hip-hop producer behind Travis Scott’s Sicko Mode and Drake’s Nonstop has been found dead at home during a police welfare check

The Independent UK

Ukraine-Russia war latest: Fuel sales halted after Kyiv strikes both sides of Crimean bridge

Fuel supplies in occupied Crimea have been restricted to essential government agencies

The Economic Times

Tulsi Gabbard alleges Anthony Fauci funded Wuhan research in China that sparked COVID-19

Outgoing US Director of National Intelligence Tulsi Gabbard has released declassified documents. These documents accuse Dr. Anthony Fauci of funding gain-of-function research in Wuhan. Gabbard claims Fauci influenced intelligence assessments on COVID-19 origins. She also alleges he misled Congress under oath. The revelations come on her final day in office.

The Economic Times

Holiday Halt: S&P 500, Nasdaq to remain closed for Juneteenth today after busy 'triple witching' session

US financial markets will be closed on Friday, June 19, for Juneteenth, granting investors a long weekend. This federal holiday's observance advanced the quarterly "triple witching" derivatives expiration to Thursday, June 18. The compressed schedule led to heightened trading activity as investors adjusted positions before the holiday break.

The Economic Times

Gold prices dip below Rs 1.50 lakh/10g; silver cracks Rs 20K/kg in 2 days amid strong dollar, inflation worries. Should you sell?

Gold and silver prices tumbled on MCX on Friday, pressured by a stronger U.S. dollar and the Federal Reserve’s hawkish stance. Silver futures fell 2.3% to ₹2.32 lakh/kg, while gold futures dropped ₹2,269 to ₹1.49 lakh per 10 grams. The decline extended a sharp selloff from the previous session, taking…

The Economic Times

Global Markets: Central banks stay vigilant despite oil price relief after US-Iran truce

Global central banks remain cautious despite easing oil prices following the US-Iran truce. While lower energy costs ease inflation fears, G10 policymakers continue to signal possible rate hikes if price pressures persist. Diverging monetary paths across the US, Europe and Asia highlight an ongoing global fight against inflation.

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