Finance
Russia supports India becoming permanent member of UNSC, says ambassador

New Delhi [India], February 3 (ANI): Russia supports India becoming a permanent member of the United Nations Security Council, Moscow’s Ambassador to Delhi Denis Alipov said at the Indian Council of World Affairs (ICWA)-Russian Council Dialogue. “Russia supports India’s commitment to becoming the permanent member of the US Security Council. We see the current Indian […]

Updated: Feb 2, 2023
U.S. dollar dives despite rate hike, euro hits 1.10

NEW YORK, New York – The U.S. dollar crumbled on Thursday after first posting gains. The late afternoon sell off came despite a Federal Reserve interest rate hike and Chair Jerome Powell dashing hopes of an interest rate cut sometime this year. The FOMC Committee earlier indicated interest rate hikes would persist until inflation was […]

Updated: Feb 1, 2023
Wall Street bounces back, Dow Jones surges 369 points

NEW YORK, New York – A slowing of wages growth in the fourth quarter, as reported by the Labor Department, pushed U.S. stocks higher Tuesday. “As the Fed meeting begins today, they’ll be looking at every index that could give them a better judgment on inflation and this is one of them,” Peter Cardillo, chief […]

Updated: Jan 31, 2023
Fed jitters deter buyers on Wall Street, Dow Jones drops 261 points

NEW YORK, New York – U.S. stocks closed sharply lower Monday as investors fretted over which way the Federal Reserve will jump when its Open Market Committee meets this week for its monthly two-day meeting. “You’re seeing this push and pull in stock prices between whether the Fed will keep interest rates where they are […]

Updated: Jan 30, 2023
Hindenburg’s report is a “calculated attack” on India and its growth story: Adani Group

Ahmedabad (Gujarat) [India], January 29 (ANI): Adani Group on Sunday said the recent report by Hindenburg Research was not an attack on any specific company but a “calculated attack” on India, its growth story, and ambitions. “This is not merely an unwarranted attack on any specific company but a calculated attack on India, the independence, […]

Updated: Jan 29, 2023
Has CELH Stock Lost Its Swing Trading Energy?

Some of the best swing trading opportunities come from more volatile stocks. You can always start with a reduced position size to help minimize the risk. Selling into strength is another tactic for reducing risk and that’s what helped us keep our CELH stock trade positive. X Energy-Drink Maker Flies After IPO Celsius (CELH) was […]

Updated: Jan 28, 2023
Wall Street struggles higher, Down Jones adds 29 points

NEW YORK, New York – U.S. stocks hesitatingly continued higher Friday, reflecting widespread gains, albeit modest ones, across the globe. “We’re putting the final touches on an extremely strong January on the heels of lower inflation and an economy that’s hanging in there,” Ryan Detrick, chief market strategist at Carson Group, told CNBC Friday. “We’re […]

Updated: Jan 27, 2023
Dow Jones rebounds as Wall Street benefits from strong GDP

NEW YORK, New York – Recession fears faded on Wall Street Thursday as annualized 4th quarter GDP (gross domestic product) came in at 2.9 percent, ahead of expectations. “For almost a year, the Federal Reserve has been trying to achieve a soft landing by raising short-term interest rates just enough to bring down inflation without […]

Updated: Jan 26, 2023
Bull corralled on Wall Street, Dow Jones edges up 10 points

NEW YORK, New York – U.S. stocks crumbled on Wednesday as the extended rally on Wall Street came to an abrupt end. Only the Down Jones managed a tiny gain, and only after clawing back significant losses earlier. Earnings reports are starting to show strains caused by higher interest rates and fears of a recession. […]

Updated: Jan 25, 2023
Key US Lawmakers Endorse Sending Tanks to Ukraine

Several key U.S. lawmakers endorsed the next major step in American assistance to Ukraine on Tuesday, encouraging the White House to move forward with a plan to send M1 Abrams tanks to combat Russian aggression. ‘Seldom in the history of modern warfare has so much depended on so few tanks,’ Republican Lindsey Graham told reporters […]

Updated: Jan 24, 2023