U.S. wholesale inventories increased strongly in July, while sales rebounded following June’s decline. Inventories grew faster than sales during the month, pushing the inventories-to-sales ratio modestly higher.
The midstream energy segment is seeing a wave of large-scale M&A after a slower start to 2026. This has been largely driven by companies racing to expand natural gas and crude oil infrastructure to support growing expor…
Researchers working with AI coding agents reduced a resource benchmark for a key step in a potential quantum attack on the cryptography protecting Bitcoin and Ethereum by 86%, according to a paper posted Wednesday.
Coinbase plans to rebrand the Base App back to Coinbase Wallet, restoring the product’s original name as its focus shifts toward trading across blockchain networks and away from its social-first ambitions.
Iranian armed forces launched attacks on U.S. military infrastructure in Gulf states on Thursday following U.S. strikes on Iran's southern coastal and eastern provinces, further straining a three-week-old ceasefire. Sep…
Liquid restarted block production after deploying emergency software updates, though transactions and peg operations remain suspended as recovery efforts continue.
Nvidia stock fell 2.35% Thursday even after announcing a collaboration with AI inference chipmaker d-Matrix. Under the deal, d-Matrix will use Nvidia’s NVLink Fusion to connect its next-generation Raptor XPUs to Nvidia’…
Silver (XAG/USD) price erases Wednesday's gains and forms a bearish head-and-shoulders chart pattern on Thursday after the white metal tanks and breaks a support trendline around $64.00-$64.15, exacerbating the decline …
AI enthusiast Kun Chen cloned himself into a chatbot to stop his own AI agents from bugging him with every little decision. Then, just out of curiosity, he cloned OpenAI CEO Sam Altman, xAI CEO Elon Musk, Anthropic CEO …
Gold price retraces by about 0.90% on Thursday as traders price in a hawkish Federal Reserve (Fed) following the release of the US Producer Price Index (PPI) for August. The risk-off sentiment in the market is supported…
Silverscript v1 reduces complex smart-contract implementations to roughly 60-line scripts.
West Texas Intermediate (WTI) Oil rallies nearly 5% on Thursday, climbing to its highest level since May 21 as escalating tensions in the Middle East raise fears of further disruption to already tight supplies. At the t…
If the Supreme Court rules President Donald Trump's International Emergency Economic Powers Act (IEEPA) tariffs are illegal, U.S. companies would not only be in line to receive tariff refunds, but also billions of dolla…
Macy's on Thursday posted growth across the company in its fiscal second quarter and raised guidance as it continues its turnaround.
Coinbase CEO Brian Armstrong says the crypto industry comes out ahead regardless of how the September 15 Senate vote on the CLARITY Act goes. Speaking on CNBC Thursday morning, Armstrong said passage would deliver forma…
The amendment would require the UK Treasury to develop a strategy covering cryptoassets, stablecoins, tokenized securities and digital financial infrastructure.
Anthropic disclosed another incident in which a Claude AI model hacked into real systems during security testing.
Scotiabank strategists Shaun Osborne and Eric Theoret note USD/CAD is holding a tight sideways range near 1.38 with no domestic data, leaving the Canadian Dollar (CAD) driven by external factors and technicals.
Nordea analysts Jan von Gerich and Tuuli Koivu note that the European Central Bank (ECB) delivered a 25bp rate hike and signalled a bias toward further tightening as its projections show Eurozone inflation above target …
Nasdaq invested $100 million in Payward as part of its push toward tokenized stock products with round-the-clock trading.
The total crypto market cap fell to $2.71 trillion, down 3.0% over the past 24 hours. Bitcoin is holding relatively steady at $77,285.98, also down 3.0%, but altcoins are bearing the brunt of today’s selloff. Ethereum d…
USD/JPY advances to around 154.15 on Thursday at the time of writing, up 0.40% on the day. The pair benefits from a rebound in the US Dollar (USD), supported by US data showing accelerating producer price pressures and …
Bitcoin fell with US stocks as high inflation and a further surge in oil prices coincided with another multidecade high for US bond yields.
TD Securities economists Eli Nir and Oscar Munoz raise their August core PCE forecast after stronger PCE-relevant components in the August PPI report. They now expect core PCE at 0.24% m/m and 3.3% y/y, with headline PC…