US Leads Foreign Portfolio Investments in India for FY 2023-24: SEBI Report

A report by the Securities and Exchange Board of India (SEBI) shows that the United States had the largest share of Foreign Portfolio Investors (FPIs) […]

US Producer Price Index (PPI) Report: Core PPI Exceeds Expectations with 0.5% MoM Increase, Year-on-Year Figures Steady

In April, US PPI increased by 0.5% compared to the previous month, surpassing the expected 0.3%. Year-on-year, it reached 2.2%, slightly higher than the previous […]

Iran Warns US of Retaliation in Defense of Israel, Major Strikes on Israel Imminent

Iran has warned the White House that if the US defends Israel against its retaliation for the Damascus strike, Iran will consider the US a […]

US Warns of Potential Missile and Drone Strikes by Iran and Proxies on Israeli Government Targets

US believes that Iran and proxies are preparing missile and drone strikes against government targets in Israel, according to Bloomberg. Biden emphasizes that his country’s […]

US Consumer Inflation Continues to Surge, Dampening Prospects of Fed Rate Cut

US consumer inflation accelerating to 3.5% in March. Inflation in the United States showed further acceleration in the most recent month, as reported by the […]

Tesla Eyes India for $2-$3 Billion Electric Vehicle Plant Investment

Tesla is actively seeking locations in India for a new electric vehicle plant, with expected investments of $2-$3 billion, reports FT. The company already operates […]

US Office Vacancy Rates Reach Record High Amid Commercial Real Estate Crisis

In Q1 2024, the office vacancy rates in the United States reached a historical high, as reported by Moody’s. The vacancies rose to 19.8% from […]

UBS Analysts Report: $AAPL’s iPhone Sales Dip 4% Year-on-Year Amid Softness in US and China Markets

UBS analysts project that iPhone global sales for $AAPL experienced a 4% year-on-year decline in February, falling to 17.4 million units from 18.1 million, attributed […]

Apple Halts In-House Watch Display Efforts, Slashes Display-Engineering Jobs

Apple has abandoned its internal initiative to manufacture watch displays and is reducing its workforce, particularly in display engineering roles, in the US and Asia. […]

US Files Lawsuit Against Apple Alleging iPhone Monopoly

A wide-ranging lawsuit has been filed by the US against Apple, alleging the tech giant’s operation of an iPhone monopoly. In New Jersey federal court, […]

Tesla Announces $1,000 Price Hike for Model Y in the US

Tesla will raise the price of its Model Y by $1,000 in the US. Tesla has revealed plans to raise the cost of its Model […]

US-China Talks: Addressing $400+ Billion Debt Burden in Emerging Markets to Prevent Defaults

US and China are in discussions to prevent emerging market sovereign defaults, considering measures like extending loan periods to ease the annual debt service burden […]