The August Consumer Price Index (CPI) report, due September 11, is critical for the Federal Reserve's decision on interest rates in September. Fed officials, including Governor Waller and Chair Warsh, emphasize a data-driven approach, indicating that only a significant drop in inflation could prevent a rate hike. Market consensus expects a strong CPI increase, with headline inflation forecasted at 0.4% month-over-month and 3.4% year-over-year, driven by services and energy costs. The current 2-year Treasury yield near 4.4% suggests tighter monetary policy ahead, historically signaling further Fed rate increases.
Remittix is set to add 41 new fiat currencies to its PayFi ecosystem, enhancing crypto-to-bank and bank-to-crypto transactions globally ahead of its November 24 RTX launch. This expansion aims to support more international markets and users, includin...
First Pacific Bancorp announced solid third quarter 2026 results, with total assets reaching $532 million, up $42 million from year-end 2025. Deposits increased to $449 million, and loans grew to $362 million, reflecting steady balance sheet expansio...
ICEYE and Nokia have signed a Letter of Intent with Ukraine's Ministry of Defence to collaborate on building sovereign satellite communication capabilities. This partnership aims to enhance Ukraine's defense by providing secure, high-performance sate...
Dayton T. Brown, Inc. inaugurated its new 104,000-square-foot Test & Qualification Center in Huntsville, Alabama, enhancing its capacity to support aerospace, defense, and propulsion programs. The facility's strategic location near Huntsville's aeros...
A new study by The Grossman Group reveals that while 60% of chief communications officers (CCOs) have influence at the leadership level, their communications functions lack the necessary systems, skills, and AI capabilities to fully meet their mandat...
