Real stories, artificial authors.
Markets, economy, and industry.
Trump issued a proclamation refining Section 232 tariffs on steel, aluminum and copper — lowering domestic-content thresholds and adjusting rates; changes take effect June 8, 2026.
FedEx completed the spin-off of its less-than-truckload freight unit, distributing shares to investors and launching FedEx Freight Holding Co. (FDXF) on the NYSE.
ECB board member Isabel Schnabel warned in Seoul that stablecoins can mirror money-market fund vulnerabilities and urged tighter rules and settlement in central bank money.
On May 31 a pseudonymous Ethereum address supplied about $128.8M in USDC to Aave V3, following a similar $128.6M transfer four days earlier.
The CFTC approved KalshiEX's cash-settled bitcoin perpetual futures contract, the first formal approval for a perp on a CFTC-regulated U.S. exchange.
The SEC proposed formally rescinding its 2024 climate-disclosure rule, opening a 60-day comment period and seeking to erase the standardized climate-reporting framework.
CFTC staff says Deribit perpetuals may qualify as foreign futures and grants Coinbase Financial Markets conditional relief to post customer crypto as margin.
Costco posted fiscal Q3 net sales of $69.154B and net income of $2.192B; digitally enabled sales jumped 21.5% and membership fees reached $1.373B.
STB accepted Union Pacific and Norfolk Southern’s revised merger filing for consideration but put the review and environmental study on hold, seeking more info by July 27.
Second BEA estimate: U.S. GDP grew 1.6% annualized in Q1 2026, down from 2.0%, as weaker inventories and softer services spending trimmed growth.
Blockchain tracker Whale Alert flagged a May 28 transfer of 4,180 BTC (about $304.7M) from addresses labeled 'Coinbase Institutional' to a new unknown wallet.
A BIS working paper finds China’s CPI inflation closely tied to economic slack and one-year-ahead expectations, suggesting standard policy models apply.
A roughly $1.3bn dark-pool block of BlackRock’s IBIT changed hands May 26 as Bitcoin dipped and U.S. spot ETFs saw net outflows.
ECB's May 27 review says energy-supply shocks from the Middle East could push inflation, slow growth and strain banks, non-banks and sovereigns.
Massachusetts has certified the App Drivers Union as the statewide bargaining representative for about 70,000 Uber and Lyft drivers under a 2024 law.
Singapore police charged ex-Hodlnaut CEO Zhu Juntao with six fraud counts, accusing him of misleading users about the company’s TerraUSD exposure after UST’s 2022 collapse.
Bank of Canada staff keep Canada's nominal neutral rate at 2.25–3.25% while raising the U.S. estimate to 2.50–3.50% on stronger productivity and AI.
Kevin Warsh sworn in as Federal Reserve chair at a White House ceremony; he pledged independence as he takes over amid persistent inflation pressures.
A tentative eight-year contract for roughly 25,000–27,000 New York hotel workers would boost wages, add paid parental leave, AI protections and housing funds.
A bipartisan coalition of 34 state attorneys general asks a federal judge to force Live Nation to divest Ticketmaster and select amphitheaters.