Gold prices fell 1.75% to $4,017.02, continuing a four-month decline driven by rising oil prices and expectations of aggressive Fed rate hikes. The recent formation of a bearish Death Cross between the 50-day and 200-day moving averages signals potential for further selling pressure. Despite geopolitical tensions boosting oil, inflation concerns are pushing rates higher, weakening gold's safe-haven appeal. The upcoming U.S. jobs report will be key in determining if gold can rally or continue its downward trend.
The U.S. Supreme Court ruled in Chatrie v. U.S. that government collection of location data via geofence warrants constitutes a search under the Fourth Amendment. This decision overturns a lower court ruling and requires further review of whether the...
DBV Technologies is preparing to submit a Biologics License Application (BLA) for its VIASKIN® Peanut patch aimed at children aged 4 to 7 years. The company has engaged in detailed discussions with the FDA to ensure a thorough and efficient review pr...
Bron, a self-custody crypto wallet provider, has partnered with Noah, a global stablecoin payments infrastructure company, to enable seamless on- and off-ramp access for stablecoins. This integration allows Bron users to easily fund and withdraw from...
Cohen & Steers REIT and Preferred and Income Fund announced the sources of its June 30, 2026 distribution, which includes net investment income, short- and long-term capital gains, and a minimal return of capital. The fund follows a managed distribut...
Strategy Inc. introduced a new liquidity plan called the Digital Credit Capital Framework, including up to $1.25 billion in Bitcoin sales, $2 billion in stock buybacks, and a 12% dividend on preferred shares. This move aims to stabilize the company's...
