Dozens of last-minute amendments to the Clarity Act include stablecoin rules, DeFi oversight, and restrictions on Trump family crypto deals. Senators filed dozens of amendments to the Clarity Act before Thursday’s vote, covering stablecoin rewards, DeFi regulation, and ant
The Ethereum software firm delays its potential listing after engaging banks and planning an SEC filing earlier this year. Consensys has pushed back its potential initial public offering until at least this fall, citing weak crypto market conditions. The company, developer
The company maintains its $10M revenue outlook while targeting additional defense contracts next year. Hyliion Holdings plans to secure $40M to $50M in new military contracts by Q1 2026. The announcement came during its earnings call, where management reaffirmed its existi
Kevin Warsh’s 54-45 confirmation marks the slimmest margin for a Fed chair, raising questions about policy alignment with Trump’s rate-cut push. The U.S. Senate confirmed Kevin Warsh as Federal Reserve Chair by a 54-45 vote, the narrowest margin in history for the position
SLND secures $11M in cash from a legacy dispute as part of a broader financing agreement finalization. Southland Holdings expects to receive $11M in cash from a legacy dispute in the coming weeks. The funds are tied to the finalization of a broader financing agreement, pro
A $25B auction of 30-year bonds cleared at 5% yield amid rising inflation driven by surging energy prices. The U.S. Treasury auctioned $25B in 30-year bonds at a 5% yield on Wednesday, marking the first time long-term yields reached that level since 2007. The move reflects
US PPI rose 6% YoY, lifting US yields and the US Dollar The US Producer Price Index increased sharply in April by 6% YoY, exceeding March's 4.3% rise. The Core PPI rose by 5.2% YoY, up from March's 4%, above forecasts of 4.3%. The XAU/USD pair trades at $4,
Nike shares hit their lowest level since 2015 after dropping nearly $20 year-to-date on weak guidance and market pressures. Nike (NKE) stock has fallen to $42.3 from around $62 at the start of the year, erasing nearly $20 in value and reaching a 12-year low. The decline re
Tecogen announces a pending 1 MW purchase order from Vertiv amid rising demand for its chillers ahead of mid-June demonstrations. Tecogen disclosed a pending 1 MW cooling purchase order from Vertiv during its Q1 2026 earnings call, signaling progress in its data center coo
Ethereum developer Consensys delays its potential $7 billion IPO due to weak crypto market conditions and macroeconomic uncertainty. Consensys, the firm behind MetaMask, has delayed its potential U.S. initial public offering until fall, citing poor market conditions. The c