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Dollar Rises Amidst Middle East Tensions and Inflation Concerns
The US dollar strengthened as global traders reacted to escalating Middle East conflict and moderate US inflation data. Oil prices and geopolitical risks drove market sentiment.
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Mastercard Enlists 85 Crypto Firms to Revolutionize Global Payments
Mastercard's new Crypto Partner Program unites over 85 digital asset companies to build infrastructure for faster, cheaper cross-border and B2B payments using stablecoins.
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US Inflation Data Mixed as Oil Prices Dominate Market Focus
Global markets react to mixed US inflation figures and escalating Middle East tensions impacting oil prices and economic growth.
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Airlines Hike Fares and Cut Outlooks Amid Soaring Fuel Costs
Global airlines are raising ticket prices and revising financial forecasts due to a sharp increase in jet fuel costs, impacting travelers worldwide.
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Australia's ASIC: Crypto Should Not Be a Separate Asset Class
ASIC Fintech Chief Rhys Bollen argues crypto assets should be regulated based on economic substance, not technological form, aligning with existing financial laws.
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Quince Secures $500M, Reaches $10.1B Valuation Amidst Strong Investor Demand
Online retailer Quince closes a $500 million Series E funding round at a $10.1 billion valuation, fueling global expansion of its direct-to-consumer model.
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Oracle Stock Soars on Strong AI Infrastructure Forecast
Oracle's shares surged after a robust revenue forecast for fiscal 2027, easing concerns over substantial AI infrastructure investments and OpenAI partnerships.
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Crypto Flatlines as Asia Secures Vital Natural Gas Supplies
Key cryptocurrency prices held steady while Asian nations bolstered natural gas reserves, a move impacting global economic outlooks and stock markets.