The US May non-farm payrolls report is expected to show an increase of 96,000 jobs, down from 115,000 in April, indicating slower job growth. However, weak PMI and regional Fed data suggest the possibility of even negative job creation. Despite a weakening labor market, the Federal Reserve might need to continue raising interest rates due to persistent inflation driven by energy supply issues. This creates a stagflation risk where the stock market faces inflation pressures, higher rates, and a potential recession.
SpaceX is preparing for the largest IPO in history with its Starlink satellite network, targeting a valuation between $1.75 trillion and $2 trillion. This IPO will surpass previous tech giants' offerings by a huge margin and highlights the rapid grow...
In Q1 2026, XRP Ledger saw a 35% increase in average daily transactions, reaching 2.48 million, fueled by expanding use in tokenized real-world assets, stablecoins, and decentralized finance. Institutional adoption is rising, with the real-world asse...
Arizona Gold & Silver Inc is progressing drilling at its Philadelphia gold project in Arizona, nearing completion of hole 169 with promising core results. The company is well-funded with a 2-3 year financial runway following the Sorbie transaction an...
Borgarting Court of Appeal in Norway has denied the request by DNB Bank, Swedbank, and Danske Bank to arrest assets of Havila Shipping ASA. This decision follows earlier filings by the banks seeking to secure claims against the company. The ruling me...
Borgarting Court of Appeal has ruled against the petition by DNB Bank ASA, Swedbank AB, and Danske Bank to seize certain assets of Havila Shipping ASA. This dismissal means Havila Shipping retains control over the disputed assets, which could impact ...
