S&P 500 Closes Higher as Trump Denies Firing Fed Chair Powell, Tariff Risks Remain
📌 Key Takeaways 📉 Trump Quells Fed Speculation, Markets Breathe a Sigh of Relief On Wednesday, U.S. stocks closed higher after President Donald Trump denied rumors that he would imminently fire Federal Reserve Chair Jerome Powell. Speaking to reporters, Trump...
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US Producer Inflation Flatlines in June 2025: Core PPI and Annual Rate Fall Below Forecasts
📌 Key Takeaways U.S. Producer Prices Show No Growth in June The U.S. Producer Price Index (PPI) remained flat in June 2025 compared to May, according to the latest Labor Department data. This surprised analysts, who had expected a 0.2%...
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UK Inflation Surges to 3.6% in June 2025: Fuel and Food Drive Surprise Rise
📌 Key Takeaways 🔺 UK Inflation Surprises to the Upside in June The UK’s annual inflation rate rose unexpectedly to 3.6% in June 2025, up from 3.4% in May, defying economists’ forecasts of a flat reading. This marks the highest...
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Satoshi-Era Bitcoin Whale Moves $4.6B After 14 Years as BTC Hits New High!
A Satoshi-era Bitcoin whale has reawakened in July 2025 after 14 years, transferring more than $4.6 billion worth of BTC to Galaxy Digital this week, sparking speculation of an imminent sell-off. Blockchain data from Nansen shows the whale moved 40,010...
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MP Materials Stock Jumps on $500M Apple Deal to Boost U.S. Rare Earth Production
MP Materials (NYSE:MP) stock rose 8% in premarket trading Tuesday after reports that the MP Materials Apple deal in July 2025 is set to see Apple (NASDAQ:AAPL) commit $500 million to the U.S.-based rare earths miner. The move underscores growing...
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