Category Finance

This is the first hint at a timeline for China-US talks, and it’s a rapid one. That’s a good sign that both sides are aiming for some kind of deal before long. But let’s hope that Navarro isn’t invited because that’s not the guy to make a deal…

Deutche Bank is out with a note highlighting that the focus on jobs might be the wrong one. The big change in the US economy is in immigration, which has cratered this year — falling more than 90% from the January 2022 to June 2024 average. They note…

Memecoin Shiba inu SHIB has chalked out a 3% recovery from overnight lows under $0.00001200, outperforming bitcoin BTC despite reports of a massive whale transaction. On Thursday, SHIB experienced a significant 7.7% correction, dropping to 0.0000119 before finding strong support at the 0.0000120 level. Prices have since bounced…

President Donald Trump’s media company has registered up to $12 billion in new securities, according to a new S-3 filing. Trump Media and Technology Group (DJT), parent company of social media platform Truth Social, registered with the U.S. Securities and Exchange Commission (SEC) to issue up 84,657,181 shares…

Modular blockchain platform IOST has raised $21 million in a strategic funding round to expand the rollout of its real-world asset (RWA) infrastructure across regulated markets, the company said in a press release on Friday. The round was led by institutional investors DWF Labs, Presto, and Rollman Management…

U.S. labor market growth continued to modestly slow in May, but not enough to force a rise in the unemployment rate. Nonfarm payrolls grew 139,000 last month, according to the a report Friday from the Bureau of Labor Statistics. Economist forecasts called for gains of 130,000 and April’s…

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