Pimco CIO warns Iran war may prompt Fed to hike rates
The Federal Reserve just held interest rates steady at 3.50%-3.75%. That part was expected. What wasn’t expected: four Fed presidents…
Category: Financial
China’s He Lifeng to lead trade talks with US delegation in South Korea
Chinese Vice Premier He Lifeng will sit down with US Treasury Secretary Scott Bessent in Seoul, South Korea, for trade…
Watch Out: Lots of Economic Developments and Altcoin Events This Week – Here’s the Day-by-Day, Hour-by-Hour Schedule
The cryptocurrency market is preparing to close a volatile week in positive territory. With several critical economic data releases from…
Iran proposes ceasefire and sanctions relief in response to US peace proposal, with big implications for crypto
Iran has fired back at a US peace proposal with a counterproposal of its own, and the demands are steep:…
Cerebras Systems raises IPO price range amid massive oversubscription for AI chipmaker
Cerebras Systems, the AI chipmaker that has spent years positioning itself as the anti-Nvidia, is finding out just how hungry…
Federal Reserve’s Jerome Powell defends central bank independence amid Trump pressure
President Donald Trump has escalated his campaign against Fed Chair Jerome Powell to a level that’s making markets genuinely uncomfortable.…
Iran sends response to U.S. ceasefire proposal as oil and crypto markets watch closely
Iran has delivered its response to a U.S. ceasefire proposal through Pakistani mediators. This development adds a new layer of…
Donald Trump to discuss Iran war with Xi Jinping during Beijing visit
Donald Trump is heading to Beijing. The US president is scheduled to meet Chinese President Xi Jinping on May 14-15…
Why Is Strategy Valuable? CEO Says MSTR Is More Than Its BTC Holdings
Strategy President and CEO Phong Le said the company’s value extends beyond its bitcoin holdings because of its enterprise software…