Treasury Secretary Scott Bessent has suggested that the Federal Reserve should consider a larger fee rate cut at its September meeting. Bessent Links Soft Inflation Data to Bigger Fee Rate Cut in September According to a Bloomberg report, Bessent said the central bank ought to be open to a 50 basis-point fee rate cut after The post Fed Should Consider ...
The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside. How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll ...
Nvidia and AMD have agreed to share 15% of their revenue from sales to China with the U.S. government, the White House confirmed Monday, sparking debate about whether the move could affect the chip giants’ business and whether Washington might seek similar deals. In exchange for the revenue cut, the two semiconductor companies will receive export licenses to sell Nvidia’s ...
Disney’s ESPN and Fox Corp. are teaming up to offer their upcoming direct-to-consumer streaming services as a bundle, the companies said Monday. The move comes as media companies look to nab more consumers for their streaming alternatives, and draw them in with sports, in particular. Last week, both companies announced additional details about the new streaming options. ESPN’s streaming service ...
A new starting quarterback hasn’t proven to be a major roadblock for teams chasing the College Football Playoff and national championship. To name two recent examples: Ohio State won last year’s title with Kansas State transfer Will Howard as its starter, while runner-up Notre Dame was led by Duke transfer Riley Leonard. Both teams are evaluating their two new options ...
The Tour de France ranks among the most popular sporting events in the world. It’s also one of the most grueling. Tour cyclists burn 3,000 to 4,000 calories per day, more than marathon runners, and the race lasts 21 days. You have to be a world-class athlete to win the Tour once. In 1908, a Frenchman named Lucien Petit-Breton became ...
AI-assisted summary 18-year-old Canadian tennis player Victoria Mboko won her first WTA title at the 2025 National Bank Open in Montreal. Mboko defeated four Grand Slam champions en route to the title, including Naomi Osaka in the final. Mboko, who started the 2025 season ranked No. 333, is ranked 24th after her victory. There’s a new Canadian tennis star who ...
The gold price edged higher this week, benefiting from increased investor uncertainty as US tariffs went into effect for dozens of countries on Thursday (August 7). Rates start at 10 percent and rise as high as 50 percent for countries like Brazil. The US is still in talks with Canada, China and Mexico, its top three trading partners. Commenting on ...
Alkane Resources (ASX:ALK,TSX:ALK) said on August 5 that it has closed its merger with gold- and antimony-focused Mandalay Resources. The all-share transaction was valued at AU$559.1 million. First announced in April, the deal creates a combined company that is projected to produce about 160,000 gold equivalent ounces in the 2025 fiscal year, with the potential to rise to 180,000 ounces ...
While directly holding cryptocurrencies like Bitcoin and Ethereum is a popular option, investors looking for alternatives are clamoring for financial products such as crypto exchange-traded funds (ETFs). Canada first launched Bitcoin and Ethereum ETFs in 2021. These Canadian Bitcoin and Ethereum ETFs allow investors to place returns in tax-sheltered accounts like tax-free savings accounts or registered retirement savings plans. “There ...
Uniswap Foundation will set DUNI as a legally incorporated entity of Uniswap Governance through the state of Wyoming. It aims to offer formal credibility, best capabilities, and protections of the participants and still maintain decentralization. Wyoming Legal Framework to Fortify Uniswap’s Governance Operations The Uniswap blog post revealed that DUNI will run under Wyoming’s Decentralized The post Uniswap Proposes DUNI ...
Ahead of the August 12 deadline, U.S. President Donald Trump has moved to extend the pause of his tariffs on goods from China. This extension of China’s tariff deadline has sparked bullish sentiments, leading to a spike in the BTC price. Trump Extends China’s Deadline, BTC Price Jumps According to a CNBC report, the U.S. The post Trump Extends China ...