Modern Business America - Modern Business America

An ‘average’ American income may no longer cut it An average American income isn’t enough for a comfortable living in 2023, according to two recent reports. The typical U.S. family earns about $71,000 per year, according to the Census.…
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Moody's downgrades Signature Bank to junk, places six U.S. banks under review Synopsis The banks placed under review for downgrade are First Republic Bank, Zions Bancorporation, Western Alliance Bancorp, Comerica Inc, UMB Financial Corp…
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How US Fed's 25bps rate hike will impact Indian stock market today — explained US Fed rate hike: In two days Federal Open Market Committee (FOMC) meeting held during 21st to 22nd March 2023, the US Federal Reserve decided to raise interest…
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US interest rates raised to highest level in 16 years The US central bank has raised interest rates to the highest level in 16 years as it battles to stabilise prices. The Federal Reserve increased its key interest rate by 0.25…
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US should look South, not far East, on trade pacts Many economies in the Americas already have bilateral free trade agreements with Washington, offering a stronger base for nearshoring, deeper integration and higher standards The…
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Starbucks Pride decorations removed because of new policy, US workers say The company claims there have been no corporate policy changes and stated its ‘unwavering support’ of the LGBTQ+ community Coffee giant Starbucks is caught up in…
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Premium Electric Motorcycle Startup, Raptee Opens Its First Manufacturing Plant in Chennai With a total proposed investment of Rs 85 crore, Raptee factory will generate employment for 470 Production to commence in H2 2023 State…
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Stock Market Today: Asia Follows Wall St Lower as US, Chinese Foreign Ministers Meet Asian stock markets have followed Wall Street lower after the top U.S. and Chinese diplomats agreed to cooperate during a meeting held at a low point in…
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US stock market news: Dow, Nasdaq and S&P500 ends sharply lower on deadlocked debt ceiling talks The S&P 500 benchmark index (.SPX) declined 1.12% to end at 4,145.58 points. The Nasdaq Composite (.IXIC) fell 1.26% to 12,560.25…
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Amid IT layoffs, this US firm plans to hire over 1,000 techies to expand India business Axtria Inc, a US based IT company specialised in life sciences industry, Sunday said it plans to hire over 1,000 people in data science, software…
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