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Wall St gains after fresh jobs data, Treasury yields retreat

Major growth stocks Microsoft, Amazon.com, Nvidia, Alphabet and Tesla gained between 1.5% and 4.4%. Consumer discretionary stocks rose 1.4% and led gains among the major S&P 500 sectors, while energy shares took the worst hit and were down 3.0% as crude prices fell on demand concerns

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USA: Hunter Biden pleads not guilty to three federal gun charges



from News-Economic Times https://ift.tt/mnpubRE

US Fed official says high interest rates likely for 'some time'

A senior official from the US Federal Reserve has stated that interest rates may need to remain higher for a longer period in order to effectively reduce inflation. Despite multiple rate hikes since March 2022, inflation remains above the target of two percent. The official emphasized the importance of holding rates at a sufficiently restrictive level to achieve the desired goals, with the decision being guided by incoming data.

from News-Economic Times https://ift.tt/T3GQpWn

10 migrants die, 25 injured in Mexico truck accident: Officials

A cargo truck carrying migrants overturned in the southern Mexican state of Chiapas, resulting in the death of at least 10 individuals and injury of 25 others. The truck was clandestinely transporting the migrants near the border with Guatemala. This is the second fatal crash involving migrants in less than a week.

from News-Economic Times https://ift.tt/jTDSBEg

Canada situation should not be regarded as normal: Jaishankar

"Our point is that today there is a climate of violence, an atmosphere of intimidation... Just think about it, we have had smoke bombs thrown at the mission, we have had our consulates...violence in front of them, individuals have been targeted and intimidated, there are posters put up about people...," he said. All this forced the country to temporarily suspend visa operations in Canada. "It's not something we would have liked to do. It is just that they made it very difficult for us to operate those services," the minister said.

from News-Economic Times https://ift.tt/0hkHJVL

What was the Sycamore Gap tree’s significance? Know its history as police arrests 2 over its destruction in England

The Sycamore Gap tree stood as a prominent feature along Hadrian's Wall, a UNESCO World Heritage Site established nearly two millennia ago.

from News-Economic Times https://ift.tt/c3LSo02

Rahul Gandhi pitches for regime change in MP, calls for caste census

Rahul Gandhi, a leader of the Indian National Congress, has called on the people of Madhya Pradesh to vote out the BJP government, claiming that the state has become a center of corruption under their rule. He promised that if the Congress is voted back into power, they will focus on development and progress. Gandhi also criticized the Narendra Modi government for neglecting socially backward sections of society and pledged to conduct a caste census once the Congress is in power.

from News-Economic Times https://ift.tt/Q2tjhIk