The Federal Reserve held interest rates steady at 3.5%-3.75% in April due to inflation pressures driven by rising energy prices and tariffs, exacerbated by the Middle East conflict disrupting oil supplies. The Fed's preferred inflation gauge, the PCE index, rose to 3.5% in March, well above the 2% target. Policymakers warned that inflation could remain elevated longer than expected, with high energy costs continuing to push prices up. Market expectations now lean toward possible rate hikes later this year as the new Fed chair, Kevin Warsh, faces inflation challenges amid steady labor markets and geopolitical risks.
American Fusion Inc. filed its Q1 2026 financial results reflecting the consolidation with Kepler Fusion Technologies after their reverse merger in February 2026. The company reported a net loss of $669,750 for the quarter, increased operating expens...
The US Golden Dome missile-defense system, designed to protect against ballistic, hypersonic, and cruise missiles, is under fire from Democrats and arms-control advocates. Critics warn it could cost over $1 trillion in 20 years, potentially trigger a...
Nike's stock climbed over 4% following a drop in crude oil prices and a slight decrease in long-term Treasury yields, which eased borrowing costs and improved market sentiment. The retreat in energy prices and bond yields helped revive confidence in ...
ZIM Integrated Shipping reported a 30% year-over-year sales decline to $1.40 billion in Q1 2026, missing expectations due to lower freight rates and an 8% drop in carried volume. Adjusted EBITDA fell 60% to $313 million with margins shrinking from 39...
GDS Holdings reported Q1 revenue of 3.37 billion yuan ($488.1 million), beating estimates, with EPS of 10.58 yuan ($1.53) also surpassing expectations. The company saw strong data center demand driven by AI, with record net new bookings of around 200...
