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.
On World Blood Donor Day, June 14, 2026, more than 100 organizations in the US united to thank the 8 million annual blood donors and encourage more eligible people to donate. Blood donations are critical as a transfusion is needed every two seconds i...
The Phase 3 SENTRY trial showed that combining selinexor (NEXPOVIO®) with ruxolitinib significantly improved spleen volume reduction by 49.8% at week 24 compared to 28% with ruxolitinib alone in myelofibrosis patients. This combination also showed a ...
Michael Saylor introduced a new formula to evaluate MicroStrategy's Bitcoin holdings, now valued at $54 billion with 845,256 BTC. The formula distinguishes between 'bad' debt and 'useful' debt, aiming to reassure investors about the company's large d...
Anthony Scaramucci and Mike Novogratz predict Bitcoin may reclaim $70,000 by July 2026, fueled by current negative market sentiment and potential progress on the U.S. CLARITY Act, which aims to clarify crypto regulations. Novogratz links Bitcoin's ou...
Spot Bitcoin ETFs experienced a $4.4 billion outflow over 14 sessions but saw marginal inflows on Thursday, signaling a potential market bottom. Institutional investors quietly accumulated over 1,550 BTC at around $65,200, while retail investors sold...
