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US dollar climbs amid focus on upcoming US data
US dollar climbs amid focus on upcoming US data
Nov 11, 2025
The US dollar strengthened on Tuesday against both the safe-haven Japanese yen and the growth-linked Australian dollar, as investors turned more cautious toward risk and shifted their focus to upcoming economic data following the end of the US government shutdown. In early Asian trading, the yen hit its weakest level since February, while the Australian dollar held on to part...
Why U.S. energy bills are expected to keep rising
Why U.S. energy bills are expected to keep rising
Nov 7, 2025
Democratic promises to lower energy costs helped deliver a comfortable win in last Tuesdays elections, as several party candidates pledged to freeze utility rates. Democrats also captured seats on Georgias Public Service Commission for the first time in nearly two decades a sharp rebuke to regulators who had approved six electricity rate hikes over the past two years. As a...
Yen deepens losses to nine-month nadir on stimulus pressures
Yen deepens losses to nine-month nadir on stimulus pressures
Nov 10, 2025
The Japanese yen fell in Asian trading on Tuesday against a basket of major and minor currencies, extending its losses for the third consecutive session against the US dollar and hitting its lowest level in nine months, as the greenback strengthened amid optimism over the nearing end of the longest government shutdown in US history. The yen also came under...
Yen moves in a negative zone due to Sanae Takaichi
Yen moves in a negative zone due to Sanae Takaichi
Nov 9, 2025
The Japanese yen weakened in Asian trading on Monday against a basket of major and minor currencies, extending losses for a second consecutive session versus the U.S. dollar, as the greenback gained on optimism surrounding an end to the longest government shutdown in U.S. history. Japanese Prime Minister Sanae Takaichi announced that her government plans to abandon its current annual...
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Dow Touches 40,000 Mark for First Time as Macroeconomic Data Signals Economic Weakness
Dow Touches 40,000 Mark for First Time as Macroeconomic Data Signals Economic Weakness
May 16, 2024
12:54 PM EDT, 05/16/2024 (MT Newswires) -- US equity indexes rose, with the Dow Jones Industrial Average touching the 40,000 mark for the first time around midday Thursday as a string of macroeconomic data signaled weakness in the economy. The Dow Jones Industrial Average was at 39,988.1, but still up 0.2% since market open. The S&P 500 traded up 0.2%...
Dow sprints past 40,000-mark on earnings boost, rate-cut bets
Dow sprints past 40,000-mark on earnings boost, rate-cut bets
May 16, 2024
May 16 (Reuters) - The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday, its fastest 10,000-point climb, powered by strong quarterly results and rising bets of interest-rate cuts by the Federal Reserve. The blue-chip index surpassed its previous record high of 39,935.04, hit on Wednesday, and has recovered nearly 40% from its October...
Top Midday Stories: DJIA Hits Historic 40,000 Mark; Walmart Tops Earnings Expectations; Crescent to Acquire SilverBow for $2.1 Billion; US Supreme Court Upholds CFPB's Funding System
Top Midday Stories: DJIA Hits Historic 40,000 Mark; Walmart Tops Earnings Expectations; Crescent to Acquire SilverBow for $2.1 Billion; US Supreme Court Upholds CFPB's Funding System
May 16, 2024
12:03 PM EDT, 05/16/2024 (MT Newswires) -- The Dow Jones Industrial Average gained 0.2% Thursday to touch 40,000 for the first time ever, according to media reports. The other two major US indexes were also up in late-morning trading as softer-than-expected consumer price index data has raised investors' hopes for the Federal Reserve to ease monetary policy. In company news,...
Dow briefly sprints past 40,000-mark on earnings boost, rate-cut bets
Dow briefly sprints past 40,000-mark on earnings boost, rate-cut bets
May 16, 2024
May 16 (Reuters) - The Dow Jones Industrial Average briefly breached the 40,000-point level for the first time on Thursday, the blue-chip index's fastest 10,000-point climb, powered by strong quarterly results and rising bets of interest-rate cuts by the Federal Reserve. The index surpassed its previous record high of 39,935.04, hit on Wednesday, and has recovered nearly 40% from its...
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23andMe's founder Anne Wojcicki wins bid for bankrupt DNA testing firm
23andMe's founder Anne Wojcicki wins bid for bankrupt DNA testing firm
Jun 13, 2025
June 13 (Reuters) - Anne Wojcicki is set to regain control of 23andMe after a $305 million bid from a nonprofit she controls topped Regeneron Pharmaceuticals' ( REGN ) offer for the DNA-testing company in a bankruptcy auction. Last month, Regeneron agreed to buy the firm for $256 million, topping a $146 million bid from Wojcicki and the non-profit TTAM...
US trucker Forward Air attracts takeover interest from buyout firms, sources say
US trucker Forward Air attracts takeover interest from buyout firms, sources say
Jun 13, 2025
NEW YORK (Reuters) -Private equity firms including Blackstone and Apollo Global Management have expressed interest in acquiring U.S. trucker Forward Air, people familiar with the matter said. They signed confidentiality agreements with the company, allowing them to review documents and receive other information to shape a potential bid. Platinum Equity and Clearlake Capital are also able to review material after...
Crypto token Solana ETF hopefuls amend filings with SEC
Crypto token Solana ETF hopefuls amend filings with SEC
Jun 13, 2025
(Reuters) -A slew of companies seeking to launch exchange-traded funds tracking the price of crypto token Solana amended their filings with the U.S. Securities and Exchange Commission on Friday. The amendments are intended to address the queries of the U.S. markets regulator, but there is no sense of urgency on the SEC's part to move forward with the launches, a...
Northrop Grumman Insider Sold Shares Worth $5,649,525, According to a Recent SEC Filing
Northrop Grumman Insider Sold Shares Worth $5,649,525, According to a Recent SEC Filing
Jun 13, 2025
05:17 PM EDT, 06/13/2025 (MT Newswires) -- Kathy J Warden, Director, Chair, CEO and President, on June 12, 2025, sold 11,250 shares in Northrop Grumman ( NOC ) for $5,649,525. Following the Form 4 filing with the SEC, Warden has control over a total of 201,602 common shares of the company, with 201,602 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1133421/000162828025031375/xslF345X05/wk-form4_1749849268.xml ...
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EigenLayer Token Airdrop Plan Will Allocate 15% Of Supply To Stakers
EigenLayer Token Airdrop Plan Will Allocate 15% Of Supply To Stakers
Apr 29, 2024
The Ethereum restaking protocol EigenLayer has published a whitepaper with new details about its soon-to-launch Eigen token, which will be airdropped to community members next month. According to the Eigen Foundations website, season 1 of the airdrop will distribute 5% of the token supply. Eligible airdrop recipients include those who staked directly with EigenLayer, and those who staked using Liquid...
Tether Becomes Major Stakeholder in BlackRock Neurotech With $200M Investment
Tether Becomes Major Stakeholder in BlackRock Neurotech With $200M Investment
Apr 29, 2024
Stablecoin issuing company Tether has invested $200 million into Brain-Computer-Interface (BCI) technology platform Blackrock Neurotech, becoming a majority stakeholder in the firm. According to a press statement sent to CryptoPotato, the investment in Blackrock Neurotech was spearheaded by Tether Evo, one of Tethers new divisions that focuses on creating a future where human capabilities and technology merge in unprecedented ways....
US Dollar Tanks Ahead of Fed Verdict, NFP Data
US Dollar Tanks Ahead of Fed Verdict, NFP Data
Apr 29, 2024
Most Read: Aussie Dollar Technical Analysis - AUD/USD, AUD/NZD, AUD/JPY Price Setups The U.S. dollar (DXY) sank at the start of the week, giving back a portion of Friday's gains, with the pullback likely attributed to a moderate drop in U.S. Treasury yields ahead of two hot-impact market events later in the week: the Federal Reserve's monetary policy announcement and...
Ethereum Staking Protocol Lido Finance Surpasses 1 Million Validators
Ethereum Staking Protocol Lido Finance Surpasses 1 Million Validators
Apr 29, 2024
Lido Finance the leading liquid staking protocol on Ethereum has reached a significant milestone in its development by tapping one million Ethereum validators. This essentially represents a massive scale of participation in Ethereum 2.0 staking. Such a large number of validators is expected to improve the security and resilience of the network, making it stronger against potential attacks. Additionally, it...
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