April CPI data signals stalled progress on inflation, prompting concerns from Chicago Fed President Austan Goolsbee. The U.S. consumer price index rose in April, marking a reversal in inflation progress, according to recent data. Chicago Fed President Austan Goolsbee descr
Markets now price over a 30% chance of a Fed rate increase by year-end following stronger-than-expected inflation figures. Traders sharply revised Federal Reserve rate expectations after a hotter-than-anticipated inflation report, eliminating near-term rate cut bets. The C
EIA forecasts prolonged Strait of Hormuz closure could push oil prices $20 higher amid OPEC output hitting two-decade lows. West Texas Intermediate crude jumped over 3% to $98.38 per barrel Tuesday as escalating US-Iran tensions threaten supply routes. The rally follows wa
New standard replaces transaction code with human-readable explanations to reduce billions lost annually to phishing and wallet drains. The Ethereum Foundation and major wallet developers introduced Clear Signing, a standard aimed at preventing users from unknowingly appro
The medical equipment maker also approved a $1 billion share buyback program following record fiscal 2026 results. STERIS plc projected fiscal 2027 revenue growth of 7%-8% and earnings per share between $11.10 and $11.30. The guidance follows a record fiscal 2026, where re
Netlist reports record Q1 2026 revenue but warns supply constraints will persist until 2029 as Lightning product ramps up. Netlist posted record quarterly revenue in Q1 2026, driven by strong demand for its memory products and operational execution. The company highlighted
EIA to track global strategic petroleum reserves and energy flows The U.S. Energy Information Administration will start publishing a new quarterly report on global strategic petroleum reserves and energy flows through major shipping choke points. The report will in
Kevin Warsh’s confirmation positions him to replace Jerome Powell amid debates over inflation and digital asset regulation. The Senate confirmed Kevin Warsh to the Federal Reserve Board of Governors in a 51-45 vote, with only one Democratic senator supporting him. Warsh, a
Chicago Fed President Goolsbee cites rising services inflation and persistent price pressures as key concerns for monetary policy. Chicago Federal Reserve President Austan Goolsbee stated inflation is worsening beyond oil and tariff-related sectors, with services inflation
The company reported FY GAAP EPS of ¥104.99 and a 7.1% decline in core operating profit to ¥55.14 billion. Santen Pharmaceutical Co. reported full-year revenue of ¥291.62 billion, exceeding estimates by $289.8 billion. GAAP earnings per share stood at ¥104.99 for the fisca
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