Ripple has launched a new platform for institutional clients to mint and manage its dollar-backed stablecoin,…
Category: Economy
Macroeconomic analysis of growth, inflation, employment, credit and monetary policy across the major economies. We follow the data releases that shape the rate path and the business cycle, and put each print in the context of the ones before it. The aim is a working picture of the macro regime an investor is allocating into.
HSBC sells Singapore insurance unit to Allianz for $2
HSBC Holdings has agreed to sell its life and health insurance business in Singapore to Germany's…
US Jobless Claims Drop to Lowest Level Since 1969
Initial jobless claims in the United States fell to 187,000 for the week ending July 18,…
Cipla Q1 Profit Falls 39%, Targets $1B US Sales in FY27
Cipla reported a 39% decline in net profit for the June quarter, attributed to weaker sales…
Motilal Oswal Sets Buy Targets for Multiple Stocks
Motilal Oswal has issued buy recommendations for several stocks, setting target prices of Rs 700 for…
Passive Funds in India Account for 16% of Mutual Fund Assets
Passive investment funds, including index funds and exchange-traded funds (ETFs), represented 16.11% of India's mutual fund…
Senate’s Clarity Act Faces Scrutiny Over Ethics Provisions
Senator Cynthia Lummis announced on Wednesday that the updated draft of the Digital Asset Market Clarity…
SpaceX Stock Rebounds 3% After Seven-Day Decline; Earnings
SpaceX shares rose 3.08% on Tuesday, ending a seven-session losing streak that had seen the stock…
EU Approves Paramount’s $110B Warner Bros. Deal Amid US
The European Union granted conditional approval on Wednesday for Paramount Skydance's $110 billion acquisition of Warner…
Oracle Stock Declines 49% Amid Cost Overruns, AI Concerns
Oracle Corporation's stock (NYSE: ORCL) fell significantly on Wednesday, trading down 49% from its highs earlier…