Crude prices jump above a key technical level as US-Iran negotiations fail, tightening supply risks in the Strait of Hormuz. Crude oil futures settled at $102.18, rising $4.11 or 4.19% as the breakdown in US-Iran peace talks disrupted near-term supply expectations. The ral
U.S. tariffs on global imports remain in effect as a federal court pauses a prior unlawful ruling during ongoing litigation. A federal appeals court issued a temporary stay on a ruling that had declared President Trump’s latest global tariffs unlawful. The decision allows
Ethereum launches standard to reduce blind signing risks Ethereum has introduced the Clear Signing open standard to reduce blind signing risks by displaying transaction details in human-readable text. The standard aims to improve transaction security by making it easi
Bundesbank chief signals growing likelihood of ECB tightening amid elevated inflation expectations for the Eurozone. European Central Bank policymaker Joachim Nagel stated that upcoming inflation pressures make rate hikes increasingly probable. The shift follows a move fro
Post-rate cut gains in GST collections remain limited to motor vehicles and select sectors, signaling subdued broader consumption. India’s Goods and Services Tax (GST) collections show limited growth despite rate cuts in September 2025, with demand uplift concentrated in m
Chicago Fed President Austan Goolsbee stresses central bank autonomy is critical to preventing a resurgence of inflation. Chicago Federal Reserve President Austan Goolsbee stated that inflation will surge again if central bank independence is eroded. Speaking in Illinois,
The company projects Q2 revenue of $71M-$81M, citing accelerating demand for core growth drivers despite a one-time revenue impact. Harrow Inc. (HROW) expects Q2 revenue between $71M and $81M, reflecting a temporary isolated dynamic rather than a demand slowdown. The compa
Prediction markets assign nearly 40% odds of U.S. inflation exceeding 5% this year, defying Wall Street forecasts of a decline. Traders on prediction platforms are pricing in a nearly 40% chance that U.S. inflation will surpass 5% in 2026, a level not seen since February 2
CSCO options price in 8% post-earnings move Cisco Systems options are signaling a significant earnings reaction. The company's shares are trading around $98.50 a share. The options market is pricing in a roughly 8% move following the networking giant's fiscal thi
April's federal surplus fell short of forecasts, declining 16.7% year-over-year as receipts dropped and outlays rose. The US government posted a $215 billion budget surplus in April, below the $220 billion estimate and down from $258 billion a year earlier. The decline ref
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