U.S. Stocks Close Weak As Investors Await Outcome Of Jackson Hole Symposium

U.S. stocks closed weak on Thursday, retreating from record highs, as investors stayed quite wary of making significant moves as they looked ahead to comments from Fed officials at the annual Jackson Hole symposium on Friday. The attack by suicide bombers near Kabul airport that resulted in the death of 12 US services members, and… Continue reading U.S. Stocks Close Weak As Investors Await Outcome Of Jackson Hole Symposium

The U.S. would be ‘wise’ to cut tariffs on China, says former trade negotiator

Higher U.S. tariffs on Chinese goods hurt American businesses and consumers, and it would be "wise" to reduce them, said Frank Lavin, a former undersecretary of Commerce for international trade. Mutual reduction in tariffs would improve the working relationship between the U.S. and China, said Lavin, who also once served as U.S. ambassador to Singapore.… Continue reading The U.S. would be ‘wise’ to cut tariffs on China, says former trade negotiator

Here's how to avoid costly mistakes when switching to Medicare from a health plan through the public marketplace

If you have coverage through the health marketplace, you need to sign up for Medicare if you're on the verge of eligibility. Failing to enroll when you're supposed to could result in late-enrollment penalties, as well as repayment of any marketplace subsidies you receive after age 65. Here's what to know if you're getting close… Continue reading Here's how to avoid costly mistakes when switching to Medicare from a health plan through the public marketplace

Highly-Anticipated U.S. Bitcoin ETF Likely To Launch In October, Bloomberg Analysts Predict

Eric Balchunas and James Seyffart – Bloomberg’s in-house ETF analysts – on Tuesday published an investor note that predicts that a Bitcoin ETF approval may likely arrive in October. They suggest that the recent Ethereum futures ETF withdrawal that ProShares and VanEck made could be an indicator that things are beginning to move rapidly in… Continue reading Highly-Anticipated U.S. Bitcoin ETF Likely To Launch In October, Bloomberg Analysts Predict

U.S. probing Autopilot problems on 765,000 Tesla vehicles

DETROIT — The U.S. government has opened a formal investigation into Tesla’s Autopilot partially automated driving system after a series of collisions with parked emergency vehicles. The investigation covers 765,000 vehicles, almost everything that Tesla has sold in the U.S. since the start of the 2014 model year. Of the crashes identified by the National… Continue reading U.S. probing Autopilot problems on 765,000 Tesla vehicles

Govt woos U.S. investors to explore opportunities in power, renewable energy sector

Union Minister R.K. Singh reiterated his commitment to further U.S. and India’s shared goals on climate change, clean energy and sustainability and the India-U.S. Clean Energy Agenda 2030 Partnership. Union Minister R.K. Singh interacted with investors from the U.S. and invited them to explore investment opportunities in the renewable energy and power sector in India.… Continue reading Govt woos U.S. investors to explore opportunities in power, renewable energy sector

U.S. now averaging 100,000 new COVID-19 infections a day

FORT LAUDERDALE, Fla. — The COVID-19 outbreak in the United States crossed 100,000 new confirmed daily infections Saturday, a milestone last exceeded during the pre-vaccine winter surge and driven by the highly transmissible delta variant and low vaccination rates in the South. Health officials fear that cases, hospitalizations and deaths will continue to soar if… Continue reading U.S. now averaging 100,000 new COVID-19 infections a day

U.S. Lawmakers Soft-Pedal on Proposed Crypto Taxation Move

Authorities in the United States have narrowed the scope of the proposed bipartisan infrastructure bill which was initially designed to milk out at least $28 billion from the country’s crypto investors to make up the $500 billion they plan to use for infrastructural development, according to reports on July 2, 2021. A New Language As… Continue reading U.S. Lawmakers Soft-Pedal on Proposed Crypto Taxation Move

Biden says U.S. combat mission in Iraq to conclude by year end – The Denver Post

WASHINGTON — President Joe Biden said Monday the U.S. combat mission in Iraq will conclude by the end of the year, an announcement that reflects the reality on the ground more than a major shift in U.S. policy. Even before Biden took office, the main U.S. focus has been assisting Iraqi forces, not fighting on… Continue reading Biden says U.S. combat mission in Iraq to conclude by year end – The Denver Post

Biden says U.S. combat mission in Iraq to conclude by year end – The Denver Post

WASHINGTON — President Joe Biden said Monday the U.S. combat mission in Iraq will conclude by the end of the year, an announcement that reflects the reality on the ground more than a major shift in U.S. policy. Even before Biden took office, the main U.S. focus has been assisting Iraqi forces, not fighting on… Continue reading Biden says U.S. combat mission in Iraq to conclude by year end – The Denver Post

U.S. Online Retailer Accepts Bitcoin and Other Cryptocurrencies Payments

Wellbots, a major smart products e-retailer in the United States, has become the latest company to add the cryptocurrency payment option on their platforms, as the online retailer is now accepting bitcoin, ether, and other cryptocurrency assets.  Wellbots Enables Purchase With Crypto The e-retailer made the announcement in a press release on Monday (July 12,… Continue reading U.S. Online Retailer Accepts Bitcoin and Other Cryptocurrencies Payments

U.S. Supreme Court rebuffs appeal by florist who spurned gay couple

By Lawrence Hurley    WASHINGTON (Reuters) – The U.S. Supreme Court on Friday declined to hear an appeal by a florist fined by Washington state for refusing to make a flower arrangement for a same-sex wedding due to her Christian beliefs, sidestepping another major case pitting gay rights against religious liberty.    After ruling in 2018 in… Continue reading U.S. Supreme Court rebuffs appeal by florist who spurned gay couple

Chris Giancarlo: U.S. risks becoming 'backwater' without central bank digital currency

One of the few high-profile public officials to have served under both the Obama and Trump administrations, Chris Giancarlo is a former Wall Street executive-turn-regulator who is widely-respected by nearly all parties on Capitol Hill. As the former Chairman of the Commodities Futures Trading Commission, however, his latest venture, the Digital Dollar Foundation, might well… Continue reading Chris Giancarlo: U.S. risks becoming 'backwater' without central bank digital currency

U.S. Supreme Court blocks permanent residency for some immigrants

By Andrew Chung    -The U.S. Supreme Court on Monday refused to let immigrants who have been allowed to stay in the United States on humanitarian grounds apply to become permanent residents if they entered the country illegally, siding with President Joe Biden's administration.    The justices, acting in an appeal by a married couple from El… Continue reading U.S. Supreme Court blocks permanent residency for some immigrants

U.S Congressman Slams Elon Musk, Says The Billionaire’s Support For Dogecoin Is Ingenuine

Elon Musk has been receiving a truckload of criticism from market players ever since he put out his comments about Bitcoin’s energy usage, which he considers intensive and unsustainable. The billionaire reckons that until the energy consumption level of the asset reduces, his EV car company Tesla will stop accepting payments in Bitcoin. Congressman pokes… Continue reading U.S Congressman Slams Elon Musk, Says The Billionaire’s Support For Dogecoin Is Ingenuine

US trade chief Tai says U.S. faces 'very large challenges' on China

Fox Business Flash top headlines for May 26 Check out what’s clicking on FoxBusiness.com. U.S. Trade Representative Katherine Tai said on Wednesday that the United States still faces "very large challenges" in its trade and economic relationship with China that require the Biden administration's attention across the board. Tai spoke with Reuters in an interview… Continue reading US trade chief Tai says U.S. faces 'very large challenges' on China

U.S. Secretary of State Blinken off to Mideast to push peace talks after Gaza truce

WASHINGTON — Secretary of State Antony Blinken will head to the Middle East on Monday to press the Israelis, Palestinians and regional players to build on and strengthen last week’s Gaza cease-fire, start an immediate flow of humanitarian aid to the Gaza Strip and lay the groundwork for an eventual resumption in long-stalled peace talks.… Continue reading U.S. Secretary of State Blinken off to Mideast to push peace talks after Gaza truce

U.S. gasoline shortage improves, some regions still suffer hefty outages

(Reuters) – Gasoline shortages that have plagued the U.S. East Coast over the last week modestly improved on Sunday as the country's largest fuel pipeline was brought back to normal operations following a crippling cyberattack.    Even with outages slightly easing in many states, at least a third of gas stations were without fuel in Maryland,… Continue reading U.S. gasoline shortage improves, some regions still suffer hefty outages

Kremlin-imposed cuts at U.S. Embassy leave thousands adrift

MOSCOW (AP) — Under Kremlin orders, the U.S. Embassy has stopped employing Russians, forcing the embassy to cut its consular staff by 75% and limit many of its services. The order went into effect on Wednesday, bringing the sharply deteriorating U.S.-Russia relationship to an intensely personal level.  Because of the cuts, the embassy can offer… Continue reading Kremlin-imposed cuts at U.S. Embassy leave thousands adrift

‘Indian offshore model will dominate IT scene for a decade’

Firms in India are ‘pandemic winners’; prices trend lower IT markets are picking up to such a degree that both the U.S. and Europe are running out of critical skills, and with this, offshore and Indian alternatives are increasingly becoming attractive for tech buyers, analysts said. In addition to the skills shortage, the pandemic-induced work-from-home… Continue reading ‘Indian offshore model will dominate IT scene for a decade’

Fact check: Biden’s speech had an estimated 26.9 million viewers

The claim: President Joe Biden’s address to Congress had 11.6 million viewers On the eve of his 100th day in office, President Joe Biden laid out his vision of post-pandemic America to a small contingent of socially distanced lawmakers. Some conservative commentators say the speech, Biden’s first to Congress as president, didn’t get rave reviews. An… Continue reading Fact check: Biden’s speech had an estimated 26.9 million viewers

U.S. Navy fires warning shots on three Iranian fast boats that got too close

US Navy fires warning shots at three Iranian vessels FOX News national security correspondent Jennifer Griffin has the latest on US-Iranian tensions The U.S. Navy fired warning shots on three Iranian Islamic Revolutionary Guard Corps Navy (IRGCN) patrol boats in the north Persian Gulf Tuesday, after verbal warnings by U.S. forces were first ignored. Fast inshore… Continue reading U.S. Navy fires warning shots on three Iranian fast boats that got too close

U.S. Real Estate Giant Caruso Properties Adopts Bitcoin (BTC)

Caruso properties have announced that it’s now accepting bitcoin (BTC) for rent on all its properties. Just like MicroStrategy and several other companies across the globe, Caruso has allocated a portion of its balance sheet to bitcoin, according to a report on April 7, 2021. Caruso Properties Joins the Bitcoin Movement  Caruso, one of the… Continue reading U.S. Real Estate Giant Caruso Properties Adopts Bitcoin (BTC)

U.S. miner Blockcap plans to have 40,000 ASICs operational by Q4

Blockcap, one of the largest Bitcoin mining firms in North America, has added more than 12,000 additional Bitmain Antminer S19s to its inventory. The firm is now expecting to have deployed more than 40,000 Bitcoin miners by the fourth quarter, and projects an operational hashrate of roughly 3.5 exahashes per second, or EH/s — equal… Continue reading U.S. miner Blockcap plans to have 40,000 ASICs operational by Q4