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US FEDERAL EMPLOYEE NEWS
Holiday Halt: NYSE, Nasdaq to remain closed today for Independence Day holidayUS financial markets observed a closure on Friday, July 3, in commemoration of Independence Day, as the holiday fell on a Saturday. Trading...- Alibaba to ban Claude Code in workplace over alleged backdoor risks, source saysAlibaba will ban employees from using Claude Code in workspace environments from July 10 due to alleged security risks involving embedde...
- ElevenLabs explores employee stock sale at $22 billion valuation: reportAI startups engaged in fierce competition for talent have been increasingly letting employees sell stock as they race to retain and attra...
- Gold price at Rs 1.47 lakh/10g; silver gains Rs 5,000/kg as US jobs data cools inflation worries. What are experts saying?Gold and silver prices opened sharply higher on MCX on Friday after weaker-than-expected U.S. labour market data reduced expectations of fu...
- US Stock Market: Healthcare, momentum bets power hedge funds to strong H1 returnsEquity-focused hedge funds delivered impressive double-digit returns in the first half of the year, outperforming by navigating complex mar...
- 8th Pay Commission: How higher HRA, TPTA, and family units may raise Level 1 employee's salary by 65%8th Pay Commission salary calculator: Central government employee unions are pushing for significant changes in the 8th Pay Commission, dem...
- US Stock Market: Fed's Warsh targets real-time economic data overhaul, unveils global advisory task forcesFederal Reserve Chairman Kevin Warsh is spearheading a significant shift towards real-time economic data, aiming to reduce reliance on trad...
- Dollar steady as focus turns to US payrolls, yen intervention jitters persistMarkets are keenly awaiting crucial U.S. non-farm payrolls data on Thursday, with the dollar holding steady. Meanwhile, the Japanese yen's ...
- Global Market Today: Asian stocks fall on Korean chip selloff, oil dipsAsian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also sur...
- US stocks today: S&P 500, Nasdaq edge lower as tech shares slideUS stocks ended slightly lower as weakness in technology and semiconductor shares weighed on sentiment, even as Meta rose after reports of ...
- US Stock Market: US Supreme Court shields Fed independence, but leaves central bank more isolatedThe US Supreme Court has reaffirmed the Federal Reserve’s independence by blocking attempts to allow presidential removal of its governors ...
- US Justice Department directs prosecutors to prioritize 'birth tourism' following court rulingThe U.S. Justice Department is now prioritizing investigations into "birth tourism" schemes, directing federal prosecutors to pursue crimin...
- Trump reports over $1.4 billion in income from crypto venturesPresident Trump's latest financial disclosures reveal over $1.4 billion in income from crypto ventures last year, a significant surge from ...
- Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
- Who is Guo Wengui? 10 things to know about the exiled Chinese billionaire sentenced to 30 years in US prisonGuo Wengui, the Self-exiled Chinese businessman, has been sentenced to 30 years in prison for orchestrating a massive fraud scheme. Prosecu...
- US Stock Market: Warsh faces crucial week with court ruling, global debut in focusFederal Reserve Chair Kevin Warsh faces a crucial week. The Supreme Court's decision on Governor Lisa Cook's removal will test the central ...
- Temporary employees can get pension even without formal regularisation if eligible, rules the Supreme CourtIn a significant ruling, the Supreme Court has declared that temporary-status employees, even without formal regularization, are entitled t...
- Pride parade 2026 NYC: New York, San Francisco, Seattle, other cities celebrate on anniversary of 1969 Stonewall uprisingNYC pride parade 2026: NYC Pride March and the San Francisco Pride Parade are setting out to further their legacies as some of the world's ...
- US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
- US stocks: Nasdaq, S&P end lower in volatile session as tech stocks retreatTech stocks pulled down the Nasdaq and S&P 500 due to valuation worries and concerns over AI spending, falling crude prices bolstered airli...
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