Jerome Powell's second four-year term as U.S. Federal Reserve chair ended on May 15, but he will remain on the Fed's Board of Governors until 2028. Powell faced political pressure from President Trump over interest rate policies, but maintained a data-driven approach that influenced global markets. The new Fed chair, Kevin Warsh, will take over amid ongoing inflation challenges and geopolitical tensions in West Asia, which could impact Bitcoin and the broader crypto market. Analysts from Coinbase warn that persistent inflation may limit crypto's upward momentum, with the next Fed rate decision expected in mid-June, likely signaling a pause amid inflation concerns.
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...
Frasers Group PLC has withheld financial guidance for the upcoming year due to uncertainty around its takeover bids for Hugo Boss and Accent Group. The retailer's full-year adjusted profit before tax fell 4% to £538 million, impacted by asset impairm...
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...
