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Wed, Jun 24, 2026 10:14 PM All times are UTC

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Retail Roars Back: US Sales Surge 0.6% in June, Defying Expectations

Jul 17, 2025 16:17 pm UTC| Insights & Views

In June 2025, US retail sales had a major comeback, rising 0. 6% month over month to $720. 1 billion. This performance far outperformed market projections, which had forecasted a modest 0. 1% increase. This favorable...

XRP Targets $4 as Billions Move On-Chain Amidst Bitcoin's Record Run and Institutional Influx

Jul 17, 2025 10:53 am UTC| Digital Currency Insights & Views

Among the biggest on-chain transfers of 2025, over $1. 47 billion worth of XRP recently moved, comprising a single transaction of 214 million XRP (almost $500 million) between wallets related to the Uphold platform. This...

South Korea's Crypto Boom: Won Dominates Trading as Exchanges Set New Records

Jul 17, 2025 10:42 am UTC| Digital Currency Insights & Views

South Korean crypto exchanges are expected to reach a record trading volume of $663 billion by 2025, putting the Korean won as the second-largest currency for crypto transactions worldwide after only the US dollar. With...

GENIUS Act Ignites XRP Rally: Regulatory Clarity Powers Ripple Toward New Highs

Jul 17, 2025 04:36 am UTC| Digital Currency Insights & Views

The GENIUS Act, a suggested U. S. legislative framework, seeks long-awaited regulatory clarity for digital assets like Ripple (XRP). By defining digital tokens and establishing clear guidelines, the Act might end years of...

PPI Surprise: Wholesale Inflation Stalls, Easing Fed Pressure

Jul 16, 2025 16:44 pm UTC| Insights & Views

The Producer Price Index (PPI) for June 2025 remained constant at 0 0%, going against forecasts of a 0. 2% monthly rise; the 12-month PPI increased by 2. 3%. Core PPI, not counting meals, energy, and trade, rose 2. 5%...

Transaction Mania: Solana, BNB Chain, and Tron Shatter Blockchain Records

Jul 16, 2025 11:37 am UTC| Digital Currency Insights & Views

Over the previous week, Solana, BNB Chain, and Tron led blockchain transaction volumes, reaching a record 342 million transactions spread over all blockchains. Fuelled by meme coin popularity and launchpads, Solana led...

Gold's Tug-of-War: CPI Dip vs. Tariff Support, $3400 Target in Sight

Jul 16, 2025 10:23 am UTC| Insights & Views

Gold prices dipped following robust US inflation figures, yet potential tariff implications are providing downside support.It hit a low of $3320 yesterday and is currently trading around $33 The U.S. Consumer Price...

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Economy

Oil Prices Drop as Strait of Hormuz Shipping Recovers

Global oil prices declined sharply on Wednesday as concerns over supply disruptions in the Middle East eased following the recovery of shipping traffic through the Strait of Hormuz. Brent crude and U.S. West Texas...

Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers

U.S. President Donald Trump has asked Congress to approve more than $11 billion in additional farm aid to help American farmers cope with soaring fuel and fertilizer expenses linked to the recent Iran conflict. According...

Gold Falls Below $4,000 as Strong Dollar and Fed Rate Hike Expectations Weigh on Prices

Gold prices extended their losses on Wednesday, with spot gold dropping below the key $4,000 per ounce level for the first time since November 2025. The decline came as a stronger U.S. dollar and renewed expectations of...

U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand

The U.S. dollar strengthened on Wednesday, climbing to its highest level in more than a year as investor demand for safe-haven assets increased amid weakness in technology stocks and continued expectations of Federal...

Wall Street Ends Mixed as Tech Stocks Struggle Ahead of Micron Earnings

Wall Street closed mixed on Wednesday as investors remained cautious toward technology stocks ahead of Micron Technologys highly anticipated earnings report. Concerns surrounding semiconductor stocks and the broader...

Politics

Pelosi Discloses Major Intel and Uber Call Option Purchases Worth Up to $6 Million

Representative Nancy Pelosi has disclosed a new financial transaction report revealing that her spouse, Paul Pelosi, purchased substantial call options in Intel Corporation (NASDAQ: INTC) and Uber Technologies Inc. (NYSE:...

Trump Orders DOJ Investigation Into Exxon, Chevron Over High Gas Prices

President Donald Trump announced that the U.S. Department of Justice (DOJ) is investigating ExxonMobil, Chevron, and other major oil companies over persistently high gasoline and natural gas prices. The move comes amid...

NATO Chief Tries to Ease Trump Alliance Dispute

NATO Secretary-General Mark Rutte sought to reduce tensions with U.S. President Donald Trump during a White House meeting on Wednesday, emphasizing that most NATO allies have continued to support the United States despite...

U.S. Reviewing Potential F-35 Fighter Jet Sale to Turkey Amid S-400 Dispute

The United States is reviewing the possibility of selling F-35 fighter jets to Turkey, according to comments made by U.S. Vice President JD Vance on Wednesday. The move signals a potential shift in relations between...

White House Seeks $1.4 Billion to Combat Growing Ebola Outbreak

The White House is preparing to request more than $1.4 billion in emergency funding from Congress to strengthen the response to the rapidly expanding Ebola outbreak, according to a Trump administration official. The...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast

Micron Technology (NASDAQ: MU) delivered a stronger-than-expected fiscal third-quarter performance and issued an optimistic outlook for the fourth quarter, sending its shares up nearly 9% in after-hours trading. The...

Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test

Anthropics advanced artificial intelligence model identified vulnerabilities in classified U.S. government computer systems during a recent security testing exercise, according to a report by the Associated Press citing a...

Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan

Samsung Electronics shares rallied sharply on Wednesday after a report suggested the company could launch a substantial share buyback program worth nearly 90 trillion won ($59 billion) over the next three years. The...

SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom

South Korean memory chip giant SK Hynix is reportedly preparing to take a major step toward a U.S. market debut by filing documents for an American Depositary Receipt (ADR) offering with South Koreas financial regulator....

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock

Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...