Economist Mohamed El-Erian warns investors that traditional central bank interventions, like interest rate cuts or bailouts, can no longer be relied upon to support markets during downturns. This shift is due to policy constraints faced by advanced economies and a new macroeconomic reality of "higher-for-longer" inflation and interest rates. Instead, market resilience is now driven by private sector innovation, particularly the growth of AI and strong corporate earnings. The S&P 500 and Nasdaq have shown solid gains in 2026 despite these challenges, reflecting investor confidence in tech-led growth rather than monetary policy support.
Golden Heaven Group Holdings Ltd. and several defendants have agreed to a $1.7 million settlement in a class action lawsuit related to the company's 2023 IPO and subsequent stock purchases. The settlement, approved by the New York Supreme Court, cove...
Kaltura has won the Best Event AI Technology award at Eventex 2026 for the fourth consecutive year, highlighting its leadership in AI-driven event solutions. This year, Kaltura's new Agentic Avatars, which provide real-time, personalized conversation...
Taseko Mines Limited announced a proposal to change its name to Trekor Metals Limited at its upcoming Annual General Meeting on June 24, 2026. The name change aims to reflect the company's expanded asset base and growth in North America’s copper sect...
LuxUrban Hotels Inc. has reached a $3 million settlement in a class action lawsuit approved by the U.S. District Court for the Southern District of New York. The settlement covers purchasers of LuxUrban's common and preferred stock between May 9, 202...
Smithfield Foods contributed $150,000 to Operation Homefront to aid military and veteran families through transitional housing and holiday meal programs. This funding supports rent-free housing, financial counseling, and food assistance, helping fami...
