US

Wall Street scuffles as worsening pandemic slows its rally

US stocks fall as investors digest first round of earnings

9:19 pm January 14, 2020

NEW YORK: US stocks fell in early trading on Tuesday as investors digested the first significant round of fourth-quarter corporate earnings reports. Major banks, including JPMorgan Chase and Citigroup, reported surprisingly good earnings, though Wells Fargo disappointed investors. The financial sector held up better than most in the early going. Nearly every other sector fell […]

Warren vows to cancel college debt without awaiting Congress

9:14 pm January 14, 2020

WASHINGTON: Presidential candidate Elizabeth Warren says she’d order her secretary of education to cancel up to $50,000 in college debt for about 95% of student borrowers on her first day in office, effectively erasing outstanding loans for about 42 million Americans. The Democratic senator from Massachusetts vowed in a proposal released Tuesday to act immediately […]

UK judge refuses extradition of WikiLeaks founder Assange

WikiLeaks’ Julian Assange in UK court fighting extradition to USA

9:13 pm January 13, 2020

London: WikiLeaks founder Julian Assange made a brief court appearance Monday in his bid to prevent extradition to the United States to face serious espionage charges. He and his lawyers complained they weren’t being given enough time to meet to plan their battle against U.S. prosecutors seeking to put him on trial for WikiLeaks’ publication […]

Indian-American among NASA’s new astronauts; all set to conquer Moon, Mars

3:42 pm January 11, 2020

Houston: Raja Jon Vurputoor Chari, an Indian-American US Air Force colonel, is among 11 new NASA graduates who have successfully completed their over two years’ of basic astronaut training and are all set to be a part of the space agency’s ambitious future missions to the International Space Station, Moon and Mars. The successful astronauts […]

Rupee surges 48 paise against US dollar

5:46 pm January 9, 2020

Mumbai: The Indian rupee on Thursday appreciated by 48 paise to close at 71.21 against the US dollar as investors cheered easing tensions between the US and Iran. At the foreign bank exchange, the domestic unit opened strong at 71.44 per dollar as against the previous day’s close of 71.70. During the day, it traded […]