Page 8 - Us Federal Agency

US authorities charge more than 100 with gun, drug crimes in 3 states

Federal authorities announced a blitz of arrests and indictments Wednesday against more than 100 people charged with gun and drug crimes in three US states. The flurry of charges from the Justice Department in Georgia, West Virginia and New York comes as federal officials work to combat an uptick in violent crime, particularly involving guns. The Biden administration has tried to showcase federal, state and local efforts to get guns and repeat shooters off the streets. Federal prosecutors and FBI agents were particularly busy in southern Georgia, where an indictment was unsealed charging 76 people with involvement in what authorities called a gang-related network that distributed methamphetamine, fentanyl and other illegal drugs. Authorities called it the largest indictment ever filed in the 43-county Southern District of Georgia. The FBI sent SWAT teams and agents from Atlanta and neighbouring South Carolina and Florida Wednesday to help round up more than 30 suspects in coastal ..

US FTC sues Microsoft to block its $69 bn Activision Blizzard acquisition

The deal would enable Microsoft to suppress competitors to its Xbox gaming consoles and its rapidly growing subscription content and cloud-gaming business

Twitter's hectic overhaul under Musk puts world's regulators on alert

In a rare intervention on Thursday, the US Federal Trade Commission said that it was tracking developments with "deep concern" and said that "no CEO or company is above the law"

US inflation eases to 7.7% in Oct, gives Fed room to slow rate-hike

The consumer price index was up 7.7% from a year earlier, the smallest annual advance since the start of the year and down from 8.2% in September

Rupee marks biggest monthly losing streak since 1985, braces for Fed move

Oil importers' dollar purchases, breach of technical levels drag rupee lower

DGCA writes to telecom dept, flags concern over rollout of 5G services

DGCA's concern comes after the US Federal Aviation Administration (FAA) raised concerns over the last year since telecom operators in the US started rolling out 5G services

Mkts swing after Fed hike; Sensex, Nifty50 shed 1% each in intraday trade

The Nifty50 index fell 89 points, or 0.5 per cent, to close at 17,630. The India Vix index rose 2.6 per cent to finish at 18.82

Nifty Pharma index sees biggest jump in four months, shows data

The Nifty Pharma index finished at 12,750, up 3.1 per cent - most since May 20 and third biggest single-day gain of the year

Rupee closes at 79.8 versus dollar amid rise in crude oil, hawkish Fed view

Rupee logs first weekly gain in four, outperforms all EM currencies

Global central bankers follow US Fed Chair to give hawkish message

The heads of the Bank of England, Swiss National Bank, Bank of Japan, Bank of Korea and several European Central Bank policy makers spoke on Saturday at the Kansas City Fed's annual retreat

Gold falls for sixth day today, hits over 3-week low on dollar rally

Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion

Dollar hits 5-week high on hawkish Fed before Jackson Hole' symposium

Economists in a Reuters poll lean toward a 50 basis-point increase with recession risks on the rise

Gold hits over 3-week low on strong dollar, Fed rate-hike worries

Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion

Feds oppose unsealing affidavit for Donald Trump's Mar-a-Lago warrant

The US Justice Department on Monday rebuffed efforts to make public the affidavit supporting the search warrant for former President Donald Trump's estate in Florida

US Fed meeting, and will the markets see a sell-off again?

Global financial markets are waiting with bated breath for the outcome of the two-day US Federal Reserve meeting this week. Let's find out what leading analysts expect from the US central bank

NSE colo case: ED arrests former Mumbai top cop Sanjay Pandey

He was taken into custody following several hours of questioning by the federal agency on Monday and Tuesday in the matter

Gold prices drop as May policy minutes confirm Fed's tightening path

(Reuters) - Gold prices fell for a second straight session on Thursday, pressured after the minutes of U.S. Federal Reserve's last policy meeting showed officials in support of further interest rate increases in June and July.

Dollar steady near one-month low as Fed minutes contain few surprises

LONDON (Reuters) - The U.S. dollar was little changed on Thursday, hovering above a one-month low, as minutes from the Federal Reserve's May meeting contained few surprises, with most participants favouring additional 50 basis point rate hikes at the June and July meetings.

US federal agency opens probe into Tesla for workplace discrimination

In October last year, Tesla was ordered to pay $137 million in damages to a Black former contractor who accused the company of ignoring discrimination and racial abuse

Federal tax probe into President Biden's son, Hunter, moves forward

A federal grand jury has heard testimony in recent months about Hunter Biden's income and payments he received while serving on the board of a Ukraine energy company