Traders overwhelmingly expect the Federal Reserve to keep interest rates unchanged at the June 16-17 meeting, with a 98.2% probability according to CME FedWatch data. Bitcoin and the broader crypto market have weakened as investors reduce risk ahead of the decision. Attention is focused on Fed Chair Kevin Warsh's forecasts and the updated economic projections, including the dot plot, which will provide guidance on future rate paths. Economists largely agree rates will stay steady through 2026, influenced by strong economic data and inflation concerns, while markets watch closely for any signals that could affect liquidity and risk assets later this year.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Experian PLC started its 2027 financial year with a 10% revenue increase in the first quarter, driven by strong demand in North America and Latin America. Organic growth was 7%, with North America growing 7% despite a 2% drop in consumer services due...
Gooch & Housego, a UK-listed photonics company specializing in precision optics for aerospace and defence, has agreed to a £345.6 million takeover by US private equity firm Arlington Capital Partners. The offer values the company at a 41.3% premium t...
Aave DAO has proposed an innovative mobile app that integrates fiat currency deposits, self-custody, and decentralized finance (DeFi) lending in one platform. This app allows users to convert fiat to stablecoins and earn yields without needing extern...
Analysts expect Netflix to report $12.6 billion in revenue for Q2 and $51.3 billion for the full year 2026. The operating margin forecast has been revised down from 33% to 32% due to anticipated higher expenses, with an expected operating profit of $...
