Traders on prediction market Kalshi believe there is a 70% chance the Federal Reserve's June interest rate decision will be unanimous, a shift from April's meeting where four members dissented—the most since 1992. The Fed is expected to keep rates steady at 3.50%-3.75% amid inflation concerns linked to rising oil prices from the U.S.-Iran conflict. The upcoming meeting will be the first under new Fed chair Kevin Warsh, with traders anticipating cautious language about uncertainty and quantitative tightening. This consensus could signal a more unified Fed approach moving forward after recent internal disagreements.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
