China's manufacturing activity contracted for the second consecutive month in August, with the official Purchasing Managers' Index (PMI) rising slightly to 49.8, better than the forecasted 49.6. The economy faces challenges from weak domestic demand and a property slump, slowing growth to 4.3% in Q2, the slowest since late 2022. Despite these headwinds, exports have remained strong due to global demand for Chinese tech goods. Policymakers have indicated plans for fiscal and monetary support, though economists expect limited scale in upcoming measures.
Since Jeff Bezos stepped down as CEO, Amazon's stock has significantly underperformed the S&P 500 and Nasdaq-100 indexes. This raises concerns about how Apple might perform when Tim Cook steps down as CEO on September 1. Investors are watching closel...
Steak 'n Shake, a burger chain founded in 1934, has embraced bitcoin by accepting it as payment since May 2025, leading to a 13.8% same-store sales growth in Q2 2026. The company routes bitcoin payments into a Strategic Bitcoin Reserve and pays hourl...
Ethereum's price surged over 30% in the past month, reaching around $2,459, yet staking activity remains robust with no validators exiting. About 42.4 million ETH, or 34.8% of the supply, is staked, indicating confidence among validators in further p...
Oil prices rose more than 1% following a US military strike on two Iranian rocket launchers on Larak Island, escalating tensions in the Middle East. The attack, the first acknowledged US strike on Iranian positions since July, has heightened concerns...
Solana Mobile's SKR token, part of the Seeker ecosystem, surged about 82% in 24 hours to $0.022, pushing its market cap over $200 million. The rally is driven by strong staking activity, with nearly half of its 10 billion token supply locked up, and ...
