Global Markets Plunge as US Debt Default Fears Intensify, Investors Brace for Uncertainty- CurrencyVeda’s Analysis Report
Date: May 25, 2023 In a staggering turn of events, global stock markets witnessed a widespread tumble today as concerns…
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McDonald’s temporarily shuts US offices, prepares layoff notices: Report
The Wall Street Journal reported on Sunday that the burger major McDonald’s Inc. is temporarily closing its US offices this…
Bill to reform H-1B and L-1 visa programmes introduced in US Senate
WASHINGTON: A bipartisan bill to completely restructure the H-1B and L-1 visa programmes and establish greater openness in the hiring…
US bank busts: A brief history starting 2008, in 5 charts
Two US banks, Silicon Valley Bank (SVB) and Signature Bank, failed this month. A run on SVB’s deposits caused by…
US President Joe Biden will host PM Modi for a state dinner this summer
According to persons with knowledge of the situation, US President Joe Biden intends to invite Prime Minister Narendra Modi for…
Oil steadies as investors take stock of banking crisis
Oil prices were little altered on Friday following a meeting between Saudi Arabia and Russia that helped to calm the…
US: Weekly Initial Jobless Claims decline to 192K vs. 205K expected
According to the US Department of Labor’s (DOL) publication of weekly data on Thursday, there were 192,000 new claims for…