The US Department of War has requested $80 billion from Congress to cover costs related to the Iran war and other expenses, a figure lower than earlier estimates but still significant. This request adds to growing concerns about the US deficit, which has surpassed $39 trillion, exceeding the country's GDP for the first time since 1946. Bitcoin advocates argue that this rising debt supports Bitcoin's role as a hedge against inflation and currency devaluation. The ongoing conflict and debt increase have sparked debate over Bitcoin's safe-haven status, with some investors seeing it as a faster-responding liquidity pool amid geopolitical shocks.
Vanguard Investments Canada Inc. announced the final cash distributions for June 2026 for several Vanguard ETFs listed on the Toronto Stock Exchange. Unitholders of record on June 26, 2026, will receive payments on July 6, 2026, with distribution amo...
Teamshares Inc. finalized its business combination with Live Oak Acquisition Corp. V after shareholder approval on June 16, 2026. The deal included a $126.5 million capital raise through a PIPE investment from institutional investors and Teamshares m...
Two student entrepreneurs, Brandon Garcia and Abiha Haider, won the NFTE New York Metro Youth Entrepreneurship Showcase and will advance to the U.S. National Youth Entrepreneurship Showcase in New York City this fall. Brandon's business, ProspectPath...
US defense companies are under significant pressure to address a 'readiness gap' as Pentagon demands for equipment and munitions lag years behind. The FY 2027 budget allocates $114 billion for missiles and munitions and over $100 billion for defense ...
On November 23, 2024, Zcash underwent its second halving, reducing block rewards from 3.125 ZEC to 1.5625 ZEC, effectively cutting miner earnings by half. Miners now receive only 80% of the block reward, with the remainder allocated to community gran...
