Recent inflation data shows disinflation with consumer prices nearly flat and producer prices stable, supporting the Federal Reserve's decision to hold interest rates steady under new chair Kevin Warsh. Warsh's cautious approach contrasts with his predecessor's, focusing on actual data rather than speculation, aiming to bring inflation back to the 2% target. This steady policy has helped fuel a strong stock market, with the S&P 500 reaching record highs, benefiting millions of American investors. The Fed is expected to maintain this stance while gradually reducing its balance sheet holdings, signaling cautious optimism for the economy and markets ahead.
Virtuals Protocol has introduced programmable agent wallets that enforce owner-set spending limits and kill switches at the signing layer, protecting funds from AI prompt injection attacks. These wallets operate independently of the AI's decision-mak...
Nvidia is strategically investing in the AI ecosystem by subsidizing major AI infrastructure projects, similar to how a nation-state might operate. This approach is aimed at expanding its future market and creating a strong competitive moat. Early si...
Comvita reported a net profit after tax (NPAT) of $7.7 million for the fiscal year ending June 30, 2026, marking a return to profitability. The company also significantly reduced its debt, normalized inventory levels, and restored positive cash flow....
Six months after the US and Israel launched combat operations in Iran, the conflict remains a stalemate with no clear resolution. The Trump administration has shifted from military action to economic pressure, including secondary sanctions, aiming to...
The U.S. SEC declared Evernorth Holdings' Form S-4 registration effective, allowing Armada Acquisition Corp. II shareholders to vote on the proposed merger on September 30, 2026. This merger would create a Nasdaq-listed company under the ticker XRPN,...
