Bitcoin futures dropped to around $58,995 on Thursday, marking the lowest level since October 2024 and extending the drawdown from last year’s peak to roughly 52%.
Global oil prices edged lower on Tuesday as investors closely monitored tanker traffic through the Strait of Hormuz, one of the world’s most critical energy shipping routes.
Kevin Warsh’s first meeting as Federal Reserve chair delivered no change to interest rates, with the FOMC holding the benchmark range at 3.50%–3.75%.
Federal Reserve Chair Kevin Warsh is expected to leave interest rates unchanged for an extended period, according to the latest CNBC Fed Survey of economists, strategists, and fund managers.
U.S. producer prices jumped 1.1% in May, well above expectations, pushing the annual wholesale inflation rate to 6.5% — the highest since November 2022.
Oil prices fell sharply on Tuesday, with WTI crude dropping nearly 4% after U.S. Energy Secretary Chris Wright said shipping activity through the Strait of Hormuz is increasing significantly.
The One Big Beautiful Bill Act, a new U.S. tax package that includes a range of benefits for high earners, has sparked concern among financial advisors and tax attorneys.
Anthropic has confidentially filed its IPO prospectus with the U.S. Securities and Exchange Commission, marking a key step toward a potential public listing in what could become one of the most significant AI-related market debuts in recent years.
Silver prices remain under pressure as analysts warn that last year’s explosive rally may now be hurting industrial demand for the metal.
UK government bond yields fell to five-week lows on Tuesday as investor concerns over domestic political instability began to ease.