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Why Was Gold Rising Before CPI? Gold climbed above $4,400 an ounce on Wednesday before investors had seen July’s inflation data, showing that the...
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The U.S. Securities and Exchange Commission (SEC) has published the crypto offering framework the industry has wanted for the better part of a decade,...
Business
Laser Digital, the digital asset subsidiary of Nomura Holdings, has registered as a crypto asset exchange service provider in Japan, becoming the first new...
Business
The AI infrastructure build-out is no longer just lifting prices for high-bandwidth memory used beside accelerators. It is pulling enough manufacturing capacity toward HBM...
Business
SK hynix responded to the latest collapse in AI memory stocks with one of the biggest capital-return moves the sector has produced: a 40...
Business
Why Is Nasdaq Acquiring LeveL Markets? Nasdaq has agreed to acquire LeveL Markets, the third-largest alternative trading system in the U.S. by trading volume,...
Business
Former Equitable Financial Solutions director Usman Siddiqui has been sentenced to six years and six months in prison after dishonestly transferring approximately A$1.75 million...
Business
A New Mexico judge has ordered Meta to finance a $567 million youth-harm abatement fund, adding a court-designed remedy to the $375 million civil...
Business
Senate Majority Leader John Thune (R-S.D.) confirmed that the Senate will not vote on the Clarity Act before its August recess, pushing the crypto...
Business
The July jobs report released today by the Bureau of Labor Statistics (BLS) revealed that the US economy shed jobs in July, a result...
Business
Sandisk and Western Digital delivered strong quarterly results Wednesday night. Investors sold both stocks anyway. Sandisk reported record fiscal fourth-quarter revenue of $8.97 billion,...
Business
The Financial Conduct Authority (FCA) has scrapped the seven-day waiting period that sat between the publication of an approved IPO prospectus and the release...
Business
Mastercard’s acquisition of stablecoin infrastructure provider BVNK has also become a landmark exit for European venture capital firm Concentric, whose investment in the company...
Business
The Federal Reserve left its policy rate unchanged last week, but financial conditions tightened anyway. The 30-year Treasury yield finished July at 5.27%, its...
