The US Federal Reserve held its fifth meeting of 2025 from Tuesday (July 29) to Wednesday (July 30) against a backdrop of trade tensions, spurred on by the Trump administration’s tariffs. The central bank met analysts’ expectations by holding its benchmark rate in the 4.25 to 4.5 percent range. Chair Jerome Powell stated that although there were differences of opinion ...
Robinhood stock surged sharply after the company posted better-than-expected second-quarter results. The increase was fueled by a near-doubling of crypto trading income and strong growth in user activity. It also included a record number of Robinhood Gold subscribers. Crypto Growth, Tokenization, and Global Expansion Drive Robinhood’s Breakout Quarter According to a Bloomberg report, total revenue The post HOOD Stock Jumps ...
A member of former President Joe Biden’s inner circle sat with House Oversight Committee investigators for a marathon closed-door interview that lasted more than eight hours on Wednesday. Steve Ricchetti, who served as counselor to the president for all four years of Biden’s term, was described as ‘combative and defensive’ during his voluntary meeting, a source familiar with the sitdown ...
The canned cocktail maker High Noon is warning customers that some of its vodka seltzers were accidentally labeled as Celsius energy drinks. In a recall notice posted to the Food and Drug Administration’s website, High Noon said an unspecified number of its Beach Variety packs contain cans are filled with High Noon vodka seltzer alcohol but have been mislabeled as ...
“Whatever is out of favor and hated at the moment, that’s probably what you need to buy,” he said. “Buy it when it’s boring and no one cares, then you get to ride the wave up.” Barton also broke down his current portfolio, which holds a 30 percent weighting in precious metals—particularly gold—citing concerns over currency policies and the long-term ...
Per a recent statement released by the United States SEC, spot Ethereum and Bitcoin ETFs will now be able to perform in-kind redemptions for their clients. This move represents a change from the previous requirement that limited these transactions to cash only. New SEC Regulation Puts Bitcoin ETFs on the Same Standards as Gold ETPs Based The post Breaking: SEC Approves ...
The Senate confirmed President Donald Trump’s pick to lead the Centers for Disease Control and Prevention after his first choice struggled to gain support. Susan Monarez, a longtime fixture in Washington who has taken on leadership positions in a number of government public health roles, was confirmed by the Senate on Tuesday, crossing yet another position off the lengthy and ...
July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create the country’s first coast-to-coast freight rail operator and reshape the movement of goods from grains to autos across the U.S. If approved, the deal would be the largest-ever buyout in the sector and combine Union Pacific‘s stronghold in ...
‘The uranium story itself is finally getting better… the near perfect storm is here.’ he said, noting that all the factors that should drive electrical demand higher are merging, particularly electrification and AI data center needs. ‘I don’t think uranium has to go to US$200 in order to make money,” said Grandich. I just think it needs to go back ...
As investors scan the horizon for the Midnight Glacier Drop, Cardano founder Charles Hoskinson has revealed new updates for the airdrop. Hoskinson reiterated that users will receive NIGHT tokens in the second half of the year, but an exact date is still under wraps. Midnight Glacier Drop Date To Be Revealed In August In a The post Charles Hoskinson Shares ...
President Donald Trump’s new deadline for Russia to end the conflict with Ukraine is an additional ‘step towards war,’ according to former Russian President Dmitry Medvedev. Medvedev, now the deputy chairman of the Security Council of Russia, cautioned that Trump’s announcement Monday that Russia must end the conflict with Ukraine in 10 to 12 days would not end well for ...
Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing by the South Korean firm and Tesla CEO Elon Musk’s posts on X. The memory chipmaker, which had not named the counterparty, mentioned in its filing that the effective start date of the contract was July 26, 2025 — receipt of ...