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Finance News — Page 286

Myriad Deploys Chainlink for Real‑Time Crypto Markets

Myriad Deploys Chainlink for Real‑Time Crypto Markets

Myriad has partnered with Chainlink to power its crypto prediction markets, launching four markets for BTC, ETH, BNB and SOL and laying the groundwork for future equities and commodities markets. The

Decrypt · 4mo ago
Hyperliquid Whale Shorts $70M Bitcoin & Tech Tokens

Hyperliquid Whale Shorts $70M Bitcoin & Tech Tokens

A Hyperliquid whale has turned bearish, opening a $70 million short across Bitcoin, crypto, and tech‑linked synthetic tokens. The trade comes as oil prices surge above $100 per barrel amid the Iran wa

Cointelegraph · 4mo ago
US-Based Numero Acquires Royu To Expand Its AI Finance Platform

US-Based Numero Acquires Royu To Expand Its AI Finance Platform

While recent coverage has centered on India's delayed women's quota, Inc42 is turning the spotlight on entrepreneurship, launching three intensive programs—D2CX, ManagementX, and D2CX Foundations—to e

Inc42 · 4mo ago
Warsh Confirmed as Fed Chair, 54-45

Warsh Confirmed as Fed Chair, 54-45

Kevin Warsh was confirmed as the 17th Federal Reserve chair by a 54-45 Senate vote on Wednesday, taking over Friday from Jerome Powell amid resurgent inflation and unprecedented political pressure on

Axios · 4mo ago
Bitcoin Targets $90K After CLARITY Act Vote

Bitcoin Targets $90K After CLARITY Act Vote

Bitcoin, trading near $76,000, is poised for a rapid climb to $90,000 after the Senate’s CLARITY Act vote, according to MN Capital’s Michaël van de Poppe. On‑chain metrics show a five‑day stretch of z

Cointelegraph · 4mo ago
Bank of Canada Holds Rate, Flags Oil & CAD

Bank of Canada Holds Rate, Flags Oil & CAD

The Bank of Canada kept its benchmark rate steady in late April while flagging the Iran war, oil‑price swings, and the CAD‑USD exchange rate as key variables for future tightening. Governor Tiff Mackl

Globe and Mail Business · 4mo ago
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US 10-Year Treasury Yield Hits July High After Hot PPI

A hotter‑than‑expected Producer Price Index pushed the U.S. 10‑year Treasury yield to its highest level since July, sparking a bond sell‑off and fueling expectations of another Federal Reserve rate hi

Google News Business · 4mo ago
Kennedy Backs Senate Clarity Crypto Bill

Kennedy Backs Senate Clarity Crypto Bill

Kennedy has pledged support for the Senate’s crypto legislation, the Clarity Act, as lawmakers prepare for a hearing. The bill’s text outlines new stablecoin rules, and over 100 amendments targeting s

Google News Business · 4mo ago
Bank of Canada Finds No Widespread AI Job Losses

Bank of Canada Finds No Widespread AI Job Losses

The Bank of Canada finds no clear evidence that AI has yet driven large‑scale job losses, though it notes early productivity gains and warns that younger workers in entry‑level coding and customer ser

Globe and Mail Business · 4mo ago
Why this unheralded AI stock can go higher despite its recent massive rally

Why this unheralded AI stock can go higher despite its recent massive rally

After a hotter‑than‑expected inflation reading sent Treasury yields higher, the CNBC Investing Club highlighted a modest 2% jump in Nvidia after CEO Jensen Huang’s China visit with President Trump, a

CNBC · 4mo ago
India doubles gold, silver duty, cuts convoy sizes

India doubles gold, silver duty, cuts convoy sizes

India’s Union government has doubled import duties on gold and silver after Prime Minister Modi’s appeal, while BJP leaders have trimmed convoy sizes. The moves come as the West Asia crisis deepens, s

The Hindu · 4mo ago
Senate to Confirm Kevin Warsh as Fed Chair

Senate to Confirm Kevin Warsh as Fed Chair

After weeks of legal battles and high‑profile foreign moves moves, Trump finally moves to cement his influence on the economy by installing Kevin Warsh as Fed chair. With the Justice Department probe

Globe and Mail Business · 4mo ago
Trump: 'I Don't Think About Americans' Financial Situation'

Trump: 'I Don't Think About Americans' Financial Situation'

Trump told reporters he doesn't think about Americans' financial situation while pursuing an Iran ceasefire, comments delivered the same day new data showed U.S. consumer inflation hit a three-year hi

CBC World · 4mo ago
Ledger Pauses $4B U.S. IPO Over Market Conditions

Ledger Pauses $4B U.S. IPO Over Market Conditions

French crypto hardware wallet maker Ledger has shelved plans for a roughly $4 billion U.S. IPO, citing volatile market conditions that have cooled investor appetite for digital-asset listings.

CoinDesk · 4mo ago
Anthropic, OpenAI PreStocks drop >30% after SPV warning

Anthropic, OpenAI PreStocks drop >30% after SPV warning

Anthropic and OpenAI warned that the Solana‑based PreStocks tokens backing their private shares are invalid, triggering a roughly 40% plunge in token prices and exposing thin liquidity and missing att

CoinDesk · 4mo ago
Global Markets Mixed as US Futures Fall, Tech Rally

Global Markets Mixed as US Futures Fall, Tech Rally

Global markets are jittery: U.S. futures dropped even as AI‑driven tech stocks surged, while investors in Asia grapple with the fallout from President Trump’s China visit and rising Iran tensions. The

Google News Business · 4mo ago
Vietnam eyes Q3 launch for regulated crypto asset market: Report

Vietnam eyes Q3 launch for regulated crypto asset market: Report

Vietnam, now Asia’s third‑largest crypto hub with $200 bn of on‑chain activity, still relies heavily on offshore exchanges. To shift trade onto domestic platforms, the government launched a five‑year

Cointelegraph · 5mo ago
Trump‑Xi Meeting, Cisco Earnings, PPI Data Move Markets

Trump‑Xi Meeting, Cisco Earnings, PPI Data Move Markets

U.S. equity futures are on the rise, with the S&P 500 and Nasdaq climbing while the Dow slips ahead of fresh PPI data, as Asian markets stay mixed amid a Trump‑Xi summit and heightened Iran tensions.

Google News Business · 5mo ago
April CPI Spike Delays Fed Rate Cuts to 2027

April CPI Spike Delays Fed Rate Cuts to 2027

April's hotter‑than‑expected CPI, driven by soaring energy prices and the Iran war, pushes the Fed’s new chair Kevin Warsh to delay any interest‑rate cuts until at least 2027 for borrowers.

Google News Business · 5mo ago
US Inflation Hits 3.8% as Iran War Drives Energy Prices

US Inflation Hits 3.8% as Iran War Drives Energy Prices

US consumer prices surged to a 3.8% annual rate in April, driven by soaring energy costs after Iran’s war forced the closure of the Strait of Hormuz. The spike in gasoline and jet fuel prices has revi

BBC Business · 5mo ago

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