Trending in Finance
JPMorgan Posts Record Profit as Dimon Warns of Severe Credit Crisis and Blockchain Risks
Fed Chair Warsh Weighs AI Productivity Against Inflation Risks
Nigel Farage Pressures Bank of England to Scrap Digital Pound Amid Crypto Ties
Tech Concentration Hits Historic Levels in US and Emerging Market Indices
All Finance Stories
-
Blue Owl cashes in half its SpaceX stake at $1.25T valuation
Blue Owl sold half its SpaceX investment at a $1.25 trillion valuation, earning 10x returns. SpaceX is eyeing a record $1.75 trillion IPO.
-
Nexperia Denies Harming Wingtech Shareholders Amid Dispute
Dutch chipmaker Nexperia says it is not trying to harm Wingtech shareholders as a financial dispute and Dutch court ruling strain the parent-subsidiary relationship.
-
Powell Defies Exit Plans, Stays as Fed Governor Amid Legal Threats
Federal Reserve Chair Jerome Powell says he will remain as Governor after his term ends in May, citing ongoing legal pressure that forces him to stay.
-
Kevin Warsh Clears Senate Hurdle, Moves Closer to Fed Chairmanship
The Senate Banking Committee approved Kevin Warsh as Fed chair on a party-line vote, advancing the nomination despite Democratic opposition.
-
Yen Surges After Tokyo Issues Strong Intervention Warning
Japanese yen rises sharply amid speculation of government intervention following warnings from Tokyo officials.
-
Highest Fed Dissent Since 1992, No Rate Cut Expected
April 29 FOMC meeting records most dissenting votes in over 30 years. No rate cut priced in despite Governor Miran's call for easing.
-
Eurozone Inflation Surges to 3% on Energy Spike and Stalled Growth
Annual inflation hits 3% in April, driven by a 10.9% energy price surge due to the Iran war, as eurozone GDP slows to 0.1%.
-
Galaxy Digital Leads $20M Round in Fence to Modernize $6 Trillion Credit Market
Fence uses blockchain to automate the $6 trillion asset-backed finance market, replacing manual workflows with real-time data and smart contracts.