The May Consumer Price Index (CPI) is forecasted to show headline inflation rising above 4%, driven mainly by energy and manufacturing input costs. Core CPI is expected to remain elevated but stable. This inflationary pressure is likely to pass through to consumer goods and services in the coming months. Meanwhile, the S&P 500 is trading at valuations resembling a bubble, facing risks from inflation shocks and higher interest rates, which could trigger a market correction. In this environment, reallocating investments to short-term Treasury Bills (1-3 months) is advised as a safer option.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
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...
The producer price index (PPI) dropped by 0.3% in June following a slowdown in May, signaling easing inflation alongside a recent deflationary consumer price index (CPI) report. Real average hourly earnings rose 0.8% in June, marking the best wage ga...
Ondo Finance announced the launch of the first tokenized equity representations using DTC tokenized entitlements, part of the DTCC Tokenization Service. This milestone pushed the ONDO token price up by about 5% and increased trading volume by 51.7% i...
Swedbank AB, a major Swedish bank, has increased its holdings in Strategy Inc. (formerly MicroStrategy) by 8,278 shares, bringing its total to 90,590 shares. Strategy Inc. is known for holding one of the largest corporate Bitcoin treasuries, offering...
