The U.S. Consumer Price Index (CPI) experienced a higher increase than anticipated in March, climbing by 0.4% over the month to reach 3.5%. The Bureau
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Markets Tumble as Fed Rate Cut Expectations Diminish
Attention is riveted on the Federal Reserve’s assembly set for May 1, with widespread anticipation that the U.S. central banking authority might lower the federal
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Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate
On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the
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Bitcoin mining firm Phoenix Group delays share listing
Due to UAE’s National Day, Phoenix Group’s public trading launch on the Abu Dhabi Securities Exchange has been moved to Dec. 5, 2023.
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Cathie Wood’s ARK dumps 700K GBTC shares in one month
After selling nearly 700,000 GBTC shares over the past month, ARK’s Next Generation Internet ETF still holds 4.3 million GBTC shares worth $131.8 million.
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Microsoft and Nvidia stocks reach all-time highs amid OpenAI CEO shuffle
Former OpenAI CEO Sam Altman has reportedly agreed to a position with Microsoft while Nvidia reaps the benefits of big tech’s scramble to build a
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