The Federal Aviation Administration (FAA) announced the launch of a formal investigation into whether aerospace giant Boeing followed rules to ensure that the aircraft it built were safe for operation, The Washington Post reported on Thursday.
The Federal Reserve on Wednesday held the interest rates steady at a 22-year high for the third straight meeting, while the central bankers have predicted three possible rate cuts next year, The Hill reported on Wednesday.
The Buffalo Niagara International Airport in New York is "open and fully operational" after being shut down briefly following a vehicle explosion at the Rainbow Bridge at US-Canada border on Wednesday afternoon (local time), CTV News reported.
Indian stocks were in the green, though marginally, at the opening bell Wednesday. The upside was likely limited due to overnight losses in the global benchmark US market.
Monetary policy committee participants in the US were of the view that further tightening of monetary policy would be appropriate if incoming information indicated that progress toward the US Federal Reserve's inflation objective was "insufficient", the minutes of the latest review meeting r
Indian stock benchmarks kicked off Tuesday's trade in the green after a lull in the previous session, largely tracking firm overnight gains in the US markets.
Indian stock indices extended the gains they managed to accumulate last week through Monday morning opening bell, tracking firm overseas market cues. Sensex and Nifty were about 0.5 per cent higher each.
Indian stock indices carried on with their gains from the past session, in line with the global stocks, after the US central bank's less hawkish stance on the monetary policy front.
On Friday, the Federal Reserve Board launched a comprehensive data collection initiative designed to gather critical information from the banks directly affected by this substantial proposal.
Originally, the comment deadline for both the large bank capital proposal and the Federal Reserve Board's proposal to modify the capital surcharge for the largest and most complex banks was set for November 30.
The US 10-year Bond Yield recently reached a 16-year high, standing at an alarming 5 per cent, further adding to the apprehension, while surging geopolitical tensions in the Gulf region have compounded the uncertainty.
Indian stock benchmark indices stayed in the green Wednesday, extending gains they accumulated during the previous session. Sensex and Nifty are half a per cent higher from Tuesday's closing bell.