The June Federal Open Market Committee (FOMC) meeting is expected to mark a significant policy shift by removing the easing bias and indicating that interest rate cuts are no longer anticipated. This change is driven by accelerating core inflation and a stable labor market, suggesting the Federal Reserve will focus more on controlling inflation than supporting employment. Market expectations and global central bank actions align with the possibility of higher U.S. rates, with futures pricing above previous projections. This hawkish stance aims to maintain Fed credibility and manage inflation expectations, making future rate hikes increasingly likely.
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ARCpoint Inc. announced it will likely miss the July 29, 2026 deadline to file its annual financial statements and related reports due to a lack of funds to pay auditors. The company has applied for a Management Cease Trade Order (MCTO) and awaits ap...
The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging that the company may have provided misleading business information to investors. Investors who purchased Putnam stock-based mutual fun...
Several stocks experienced significant declines today driven by company-specific events. SANUWAVE Health's shares dropped 39.21% despite strong revenue guidance, Twin Vee Powercats fell 30.95% amid a legal investigation, and Gorilla Technology declin...
The phase III ENDURANCE trial showed that two years of lenalidomide maintenance therapy offers the same long-term survival benefit as indefinite treatment for patients with standard-risk multiple myeloma who are not transplant candidates. After nearl...
