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Finance News — Page 148
Why the US economy keeps defying the odds
The US economy grew ~2% in May and added 172,000 jobs, even as inflation accelerated to 4.2% — resilience economists credit to fracking, surging capex, deep capital markets, and a risk-tolerance absen
Small Finance Banks Offer Senior Citizens 8.30% FD Rate
Small finance banks in India are offering senior citizens fixed deposit interest rates as high as 8.30% across various tenures in June 2026, with super seniors aged 80 and above eligible for extra bon
FPI Outflows No Longer Move Indian Markets
FPI outflows of over ₹1.2 lakh crore in 2022 and ₹1.64 lakh crore in 2025 failed to drag Indian markets down, as domestic institutional investors absorbed the selling. The Nifty 100 gained 4.9% and ov
Why is the price of gold trending down?
Gold has fallen from $5,303 to $4,235 per ounce since January as inflation, a stronger dollar, and rising rate-hike expectations have outweighed its safe-haven appeal during the US-Israel war against
Jassy's Warning Triggered US Crackdown on Anthropic AI
Amazon CEO Andy Jassy raised concerns to senior Trump administration officials about security risks in Anthropic's newest AI models, triggering emergency US export controls that forced Anthropic to pu
U.S. True Debt Tops $100 Trillion
The effective U.S. national debt has crossed $100 trillion for the first time — roughly $1 million per household — driven by Social Security and Medicare shortfalls that have doubled the total since 2
Indian Crypto Traders Shift to Futures, WazirX CEO Explains
WazirX CEO Nischal Shetty explains how crypto futures differ from spot trading as multiple Indian platforms roll out derivatives products, with tax on spot transactions accelerating Indian traders' sh
SpaceX IPO Carries Largest Bitcoin Stake Ever Filed
SpaceX's record $75 billion Nasdaq debut disclosed an 18,712 bitcoin stake worth roughly $1.29 billion — the largest bitcoin position ever attached to an IPO, framed as a minor treasury reserve rather
SpaceX's Record IPO; Musk Keeps Control
SpaceX is going public in an IPO the New York Times calls "record," with Elon Musk retaining nearly all control in a structure the paper frames as both a bold bet on Musk's vision and a risk for inves
From 10% chance of success to $2 trillion market cap: SpaceX's historic IPO
SpaceX debuted on Nasdaq at a $2.1 trillion valuation after raising a record $75 billion in its IPO, closing up 19% on day one despite skeptics warning the price tag rests heavily on an unproven Stars
Why TD Securities anticipates even bigger days ahead for SpaceX
TD Securities told investors that SpaceX's IPO-day surge past a $2 trillion market cap is just the opening act, pointing to a series of index reweighting events this summer as the real catalysts for t
SpaceX IPO sticks the landing. Here's what investors are saying about its epic first trading day
SpaceX debuted on the Nasdaq in the largest IPO ever, with shares closing nearly 20% above the $135 offering price and pushing its market cap past $2.1 trillion, even as analysts raised long-term valu
Morpho Raises $175M, Largest DeFi Round Ever
DeFi lending protocol Morpho closed a $175 million round — the largest in DeFi history per its co-founder — while new data shows crypto venture capital concentrating heavily into late-stage infrastruc
Bitcoin Has Lost Its Raison d'Être
Columnist John Rapley argues bitcoin was a creature of the easy-money era and, as central bank liquidity tightens, the cryptocurrency has already lost half its value from its late-2024 peak above US$1
Coinbase Panel: Start Bitcoin Quantum Migration Now
A Coinbase-convened panel of leading cryptographers urged Bitcoin to begin post-quantum signature planning now, but declined to decide whether the roughly 6.7 million quantum-vulnerable coins—includin
Elon Musk's stratospheric rise to trillionaire status - in charts
Elon Musk became the world's first trillionaire on Friday, with Bloomberg estimating his net worth at roughly $1.11 trillion following SpaceX's record-breaking stock market debut.
Musk Becomes First Trillionaire as SpaceX Debuts at
Elon Musk became the world's first trillionaire on Friday after SpaceX's blockbuster Nasdaq debut valued the rocket company at $2.2tn, with his net worth reaching $1.11tn per Bloomberg.
Kevin Warsh Called 'Chairman,' Reversing Fed's 12-Year Precedent
The Federal Reserve's website now lists Kevin Warsh as 'chairman,' reversing 12 years of the gender-neutral 'chair' title used by predecessors Janet Yellen and Jerome Powell, ahead of Warsh's first Fe
SpaceX Jumps 19% in Record $2.1T IPO Debut
SpaceX shares closed 19% above their $135 offer price on debut day, reaching a $2.1 trillion market cap and becoming the biggest IPO in U.S. history — even as skeptics flagged the company's 90x sales
Sam Bankman-Fried Loses Appeal, Seeks Presidential Pardon
A federal appeals court on Friday upheld Sam Bankman-Fried's cryptocurrency fraud conviction, dealing a fresh blow to the FTX founder the same week he applied for a presidential pardon while serving h
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