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Page 79 - United States

Wall Street opens down, dollar up as investors mull U.S. rate hikes

All three major US stock indices opened the trading day lower

Wall Street opens down, dollar up as investors mull U.S. rate hikes
Updated On : 17 Nov 2021 | 10:16 PM IST

US journalist jailed for months in Myanmar, lands in New York on Tuesday

It's been a long time coming, a moment I had been imagining so intensely for so long," a bearded and shaggy-haired Fenster said after landing in New York. "Surpasses everything I had imagined.

US journalist jailed for months in Myanmar, lands in New York on Tuesday
Updated On : 17 Nov 2021 | 12:34 PM IST

Dollar at 16-month high after US retail sales higher than expected

The dollar rose to a 16-month high on Tuesday after data showed US consumers looked past rising prices and drove retail sales higher than expected last month

Dollar at 16-month high after US retail sales higher than expected
Updated On : 17 Nov 2021 | 9:25 AM IST

Joe Biden starts his national tour, touts infrastructure deal at first stop

US President Joe Biden set out on a national tour to persuade everyday Americans of the benefits of his big, just-signed infrastructure plan

Joe Biden starts his national tour, touts infrastructure deal at first stop
Updated On : 17 Nov 2021 | 9:19 AM IST

US's Janet Yellen extends date for potential debt default to Dec 15

Treasury Secretary Janet Yellen told Congress Tuesday that she believed she would run out of maneuvering room to avoid the nation's first-ever default soon after December 15.

US's Janet Yellen extends date for potential debt default to Dec 15
Updated On : 17 Nov 2021 | 8:56 AM IST

US states to get money soon from infrastructure bill to address risky dams

States will soon be flooded with federal money to address a pent-up need to repair, improve or remove thousands of aging dams across the US

US states to get money soon from infrastructure bill to address risky dams
Updated On : 17 Nov 2021 | 8:39 AM IST

US planning diplomatic boycott of Beijing Winter Olympics, say reports

Weighing how to approach the upcoming Beijing Winter Olympic Games, the US administration is considering the possibility of a diplomatic boycott, but so far it has not reached on final conclusion

US planning diplomatic boycott of Beijing Winter Olympics, say reports
Updated On : 17 Nov 2021 | 6:51 AM IST

US regulators propose to drop Trump rule on railway hauling natural gas

Federal regulators have proposed suspending a Trump administration rule that would have allowed railroads to haul liquefied natural gas

US regulators propose to drop Trump rule on railway hauling natural gas
Updated On : 17 Nov 2021 | 6:47 AM IST

India set to seal $3 billion Predator drone deal with US by current fiscal

The procurement proposal has been moved by the Indian Navy and all three services are likely to get 10 drones each

India set to seal $3 billion Predator drone deal with US by current fiscal
Updated On : 17 Nov 2021 | 2:14 AM IST

Wall Street opening slightly higher; Hardware chain Home Depot up 4%

Stocks are opening slightly higher on Wall Street Tuesday led by gains in the consumer discretionary sector. Home Depot is leading the S&P 500 gainers after the hardware chain's sales continued to surge last quarter in a hot housing market. New data also showed Americans sharply boosted their spending last month, pushing up retail sales and giving the economy a lift. The S&P 500 and the Dow Jones Industrial Average are up 0.3% in early trading, and the Nasdaq composite rose 0.2%. Global stock markets are mixed after President Joe Biden and China's Xi Jinping held a summit meeting by video link. Tokyo, Hong Kong and Frankfurt advanced, while Shanghai declined. London and Wall Street futures were little-changed. Biden and Xi announced no agreements after their meeting but said their governments need to tread carefully amid tension over trade, Taiwan and other irritants. Biden told Xi their goal should be to ensure competition does not veer into conflict. Xi said he was ready to .

Wall Street opening slightly higher; Hardware chain Home Depot up 4%
Updated On : 16 Nov 2021 | 9:53 PM IST

US journalist jailed in Myanmar for months lands in New York

Danny Fenster was freed after nearly six months in jail in Myanmar

US journalist jailed in Myanmar for months lands in New York
Updated On : 16 Nov 2021 | 8:48 PM IST

Top headlines: Delhi HC gives 2 weeks to CCI; Ola rejigs leadership team

Business Standard brings you the top stories from today

Top headlines: Delhi HC gives 2 weeks to CCI; Ola rejigs leadership team
Updated On : 16 Nov 2021 | 6:25 PM IST

India set to seal $3 bn Predator drone deal with US by current fiscal

Vice Chief of India Navy Vice Admiral said the proposal will be placed before the DAC in a "short while".

India set to seal $3 bn Predator drone deal with US by current fiscal
Updated On : 16 Nov 2021 | 6:01 PM IST

Biden to push infrastructure deal at 'red list' bridge in New Hampshire

The last time Joe Biden was in New Hampshire, he was a no-show at his own, sad party. Trounced in the state's 2020 Democratic presidential primary, Biden hopped a flight to next-up South Carolina before the polls had even closed on his fifth-place finish. On Tuesday, he returns to New Hampshire as president, eager to talk up his new USD1 trillion infrastructure deal and what all that money can do for Americans. Biden is down in the polls and hopes to use the successful deal to shift the political winds in his direction with new momentum for his broader USD1.85 trillion social spending package before Congress. The president signed the infrastructure bill into law on Monday at a splashy bipartisan ceremony for hundreds on the White House South Lawn, where lawmakers and union workers cheered and clapped. America is moving again and your life is going to change for the better, Biden promised Americans. The president and members of his Cabinet are moving, too spreading out around the

Biden to push infrastructure deal at 'red list' bridge in New Hampshire
Updated On : 16 Nov 2021 | 1:23 PM IST

Joe Biden, Xi Jinping discuss 'complex nature' of ties between two nations

The summit was also the third between the two leaders since Biden took office in January this. The other two were telephone calls.

Joe Biden, Xi Jinping discuss 'complex nature' of ties between two nations
Updated On : 16 Nov 2021 | 12:17 PM IST

UN appoints Shombi Sharp of US as its Resident Coordinator in India

The United Nations has appointed Shombi Sharp of the United States and a sustainable development expert as its Resident Coordinator in India. Sharp has "devoted more than 25 years of his career to promoting inclusive and sustainable development internationally, bringing experience he has acquired at the United Nations and externally to this new position", the UN said in the statement on Monday. Within the world organisation, he most recently served as United Nations Resident Coordinator in Armenia. United Nations Secretary General Antonio Guterres appointed Shombi Sharp of the United States as the United Nations Resident Coordinator in India, with the host government's approval, the UN statement said. "In this Decade of Action to achieve the #GlobalGoals, we look forward to working w/you & our team. India is a crucial partner #ForPeopleForPlanet," the UN Sustainable Development Group tweeted. The 52-year-old American diplomat with the UN has held several leadership positions at ..

UN appoints Shombi Sharp of US as its Resident Coordinator in India
Updated On : 16 Nov 2021 | 11:23 AM IST

Russian weapons test blamed for space junk threatening space station

It was dangerous. It was reckless. It was irresponsible, said State Department spokesman Ned Price.

Russian weapons test blamed for space junk threatening space station
Updated On : 16 Nov 2021 | 9:35 AM IST

Biden signs $1T infrastructure bill, hopes law will boost his popularity

US President Joe Biden signed his $1 trillion infrastructure deal into law on the White House lawn, hailing it as an example of what bipartisanship can achieve.

Biden signs $1T infrastructure bill, hopes law will boost his popularity
Updated On : 16 Nov 2021 | 8:18 AM IST

US health agency eases Covid-19 travel advisory for India, Pakistan

In its advisory for India, the State Department urged US citizens not to travel to J&K due to terrorism and civil unrest.

US health agency eases Covid-19 travel advisory for India, Pakistan
Updated On : 16 Nov 2021 | 8:08 AM IST

Global wealth surges as China overtakes US to grab top spot

The US, held back by more muted increases in property prices, saw its net worth more than double over the period, to $90 trillion

Global wealth surges as China overtakes US to grab top spot
Updated On : 16 Nov 2021 | 1:33 AM IST