Kevin Warsh has been confirmed as the new Federal Reserve Chair, stepping into a challenging environment marked by rising inflation and political tensions. Unlike his predecessor Bernanke, who used aggressive measures during the 2008 crisis, Warsh must navigate a divided Fed and pressure from President Trump to cut interest rates. Warsh, known as an inflation hawk, prefers disciplined policies and unwinding the Fed's bond holdings but faces obstacles as inflation hits 3.8%, driven by geopolitical tensions and energy prices. The economic outlook is mixed, with optimism around AI-driven growth but concerns over prolonged conflicts and potential stagflation risks.
UBS Group AG has notified Bang & Olufsen A/S that its shareholding and voting rights have dropped below the 5% threshold, holding 4.85% as of July 8, 2026. This update is in accordance with the Danish Capital Markets Act, which requires disclosure wh...
Assassin’s Creed Black Flag Resynced, a remake of the 2013 original, sold 2 million copies on its first day, marking a strong launch for Ubisoft. The game achieved the highest concurrent player count ever for the franchise on Steam and topped Twitch ...
VKNG Digital, founded by marketing expert Dave Anderson, has launched to provide high-quality SEO and PPC strategies to small and medium-sized businesses in Lancashire. The agency aims to bridge the gap where smaller businesses often lack access to e...
XRP has fallen about 70% since July 2025, with funding rates on Binance turning extremely negative, indicating strong bearish sentiment and heavy short positions. Open interest in XRP futures has dropped to $350.6 million, showing traders are closing...
Alpha Compute Corp. announced its earnings call for the fiscal year ending March 31, 2026, will be held on July 15, 2026, at 1:00 PM ET. The company will release its unaudited financial results earlier that day at 8:00 AM ET. The call will cover fina...
