Consumer prices in the United States rose less than expected in November, adding to investor optimism that with inflationary pressures easing, the Federal Reserve might cut interest rates more aggressively than Wall Street has pencilled in. The consumer price index increased at a 2.7% annual rate, according to a delayed report from the Bureau of
In 2025, WhiteBIT expanded its international presence, entered new markets, and developed its product and institutional offering. The year focused on geographic expansion, partnerships, and operational development across retail and institutional segments, alongside ongoing compliance and security efforts. Building a global crypto platform In 2025, WhiteBIT announced the launch of W Group, a fintech global
US initial jobless claims fell by 13,000 to a seasonally adjusted 224,000 for the week ending December 13. The development comes as a reversal to the previous week’s sharp spike and points to continued restraint in corporate layoffs. The reading is slightly better than consensus expectations of 225,000 and provided reassurance that labor market conditions
Tilray stock price popped by nearly 30% on Tuesday as Donald Trump prepared to sign an executive order that would reschedule cannabis into a lower drug classification. It jumped to a high of $14.40, up by 110% from its lowest level this month, bringing its market capitalization to $1.62 billion. It has also formed a
India’s parliament has approved raising the foreign ownership cap in Indian insurance companies from 74% to 100%. The move marks a historic financial-sector liberalisation. The Lok Sabha passed the bill on Tuesday, followed by Rajya Sabha approval on Wednesday, clearing the way for global insurers to establish fully owned operations in India without needing domestic
The most consequential national security move President Donald Trump has made this year came in two documents released late this year. One redefined how the White House sees power, allies, and threats. The other decides who is allowed to enter the United States and who is not. Taken together, Trump’s National Security Strategy and his
US stocks rose modestly on Wednesday, looking to snap a three-session losing streak for major benchmarks as investors digested newly released labour market data and comments from Federal Reserve officials. The S&P 500 traded about 0.1% higher, while the Nasdaq Composite also edged up by roughly the same amount. The Dow Jones Industrial Average outperformed
Brazilian Senator Flavio Bolsonaro, the son of jailed former President Jair Bolsonaro, is meeting with business and finance figures this week as he prepares to run for president next year, according to persons familiar with his intentions. The outreach comes as investors question the seriousness of his candidacy and the lack of clarity surrounding his
Warner Bros. Discovery on Wednesday recommended that shareholders reject an unsolicited takeover proposal from Paramount, escalating the high-stakes battle for control of the media group. In a sharply worded letter, the board said the offer raised serious concerns about funding certainty and accused Paramount’s backers, Larry and David Ellison, of repeatedly misleading investors about the
Yearn Finance, one of the leading decentralised finance (DeFi) protocols, has suffered a significant setback as its legacy TUSD vault fell victim to a sophisticated exploit. According to security firm PeckShield, attackers managed to extract approximately $300,000, converting the stolen assets into 103 Ether now held at the address 0x0F21…4066. PeckShieldAlert @PeckShieldAlert ·Follow #PeckShieldAlert YearnFinanceV1