June saw a drop in inflation mainly due to falling gasoline and electricity prices, but this trend reversed in July as oil prices jumped nearly 20%. This rise signals that inflation pressures remain strong, driven by long-term factors like deglobalization, demographics, and policy impacts. As a result, inflation has not peaked, and the Federal Reserve is expected to maintain a hawkish stance, which adds pressure on the stock market already wary of an AI bubble burst.
Johnson & Johnson has reached a historic $5.5 billion settlement to resolve claims from about 70,000 women and families alleging its talc products, including Johnson's Baby Powder, contained asbestos and caused cancers such as ovarian cancer and meso...
Catalyst Acquisition Corp. announced the pricing of its initial public offering (IPO) at $10 per unit, raising $200 million by offering 20 million units. The units, each including one Class A ordinary share and a partial share right, will begin tradi...
XRP's price declined to around $1.06 as investors remain cautious ahead of a US vote on the Clarity Act, which could clarify crypto regulations. Despite growing on-chain activity and Ripple's launch of institutional tools like Ripple Mint, XRP faces ...
Binance distributed a $0.50 dividend per share of Orchid Island Capital (ORC) in USDC stablecoins to eligible holders, reinforcing the link between traditional stock dividends and blockchain technology. This approach allows investors to receive divid...
Carnival has shifted from recovery to growth, achieving record revenue, net yields, EBITDA, and customer deposits. The company’s forward earnings per share (EPS) growth is supported by strong pricing, advanced bookings, monetizing own destinations, c...
