The Consumer Price Index (CPI) rose 3.4% year over year in July, signaling a slowdown in inflation but still above the Fed's 2% target. Despite this, gas prices surged 24.7%, with regular gasoline up 29% year over year, significantly impacting American households given their typical driving distances. Diesel prices rose even more sharply by 45%, affecting freight costs since trucks move 70% of U.S. freight by weight. This increase in transportation costs is expected to continue pushing food and goods prices higher, meaning consumers will likely face ongoing inflationary pressures despite the headline CPI slowdown.
Acadia Healthcare, a leading behavioral healthcare provider with 279 facilities, continues to grow its revenue and patient base. However, profitability is challenged by increasing labor costs and a tight labor market. Despite higher debt levels and v...
Abraxas Capital, a London-based digital asset firm managing over $4 billion, has taken large short positions totaling around $783 million on Hyperliquid, including major tokens like ETH, Bitcoin, HYPE, and Solana. To hedge these short positions, the ...
Hyperliquid reported generating $6.2 million in fees in a single day, exceeding the combined fees of the top five blockchain networks. This surge reflects strong user activity and market interest, with its token HYPE valued between $79 and $81 and a ...
Phantom wallet will stop supporting the Sui network on September 24, 2026, following a mutual agreement with the Sui team. Users have one month to move their Sui assets to other compatible wallets like Suiet or the official Sui Wallet, or swap them f...
A new cryptocurrency called eCash (ECX) will be distributed to Bitcoin holders through a planned hard fork of the Bitcoin blockchain beginning around August 23, 2026. Developed by LayerTwo Labs, the fork will proceed in three stages—alpha, beta, and ...
