NBA star Kevin Durant can’t unlock his Coinbase bitcoin account. His agent is thrilled
Houston Rockets star forward Kevin Durant can’t access his Coinbase account or the bitcoin held there. His agent says that’s a good thing.
David Tepper says Fed could cut a few more times, but easing too much risks entering ‘danger territory’
His comments come after the central bank lowered interest rates by a quarter point Wednesday, while signaling two more reductions are coming this year.
Blue Energy Motors raises $50 mn funding to accelerate green trucking in India
Blue Energy Motors, India’s leading LNG and electric heavy-duty truck manufacturer, has secured USD 30 million in fresh funding, bringing its total capital raised to USD 50 million. This investment will boost production capacity, accelerate LNG and EV truck development, and expand the company’s green mobility footprint across India.
American Express unveils refreshed Platinum card with $895 annual fee, upping the ante in luxury cards
American Express’ move highlights an arms race of sorts when it comes to catering to wealthy consumers. JPMorgan and Citi released updated or new cards recently.
Stocks making the biggest premarket moves: Intel, Novo Nordisk, Bullish, Cracker Barrel and more
These are some of the stocks posting the largest moves in the premarket.
Huawei touts ‘world’s most powerful’ AI chip cluster as Nvidia’s China challenges mount
The company said it plans to launch the new supercluster as soon as next year.
Loan growth in India likely to pick up amid push from RBI and stabilising asset quality: Nomura
Nomura projects India’s loan growth to rise to 12% YoY by FY26, driven by stabilising asset quality, RBI policy easing, liquidity support, and tax relief. Stronger growth is expected in unsecured retail loans, about 10% of system credit. While asset quality in personal, credit card, and small business loans has improved, stress persists in NBFC, […]
DoubleLine’s Jeffrey Gundlach believes holding a 25% gold position isn’t excessive
Gundlach’s gold call is also partly based on his belief that inflation will stay stubbornly elevated because of the impact from tariffs.
Here are five key takeaways from the Fed’s big interest rate decision
The Federal Reserve on Wednesday delivered on a widely anticipated quarter percentage point interest rate cut.
Fed forecasts only one rate cut in 2026, a more conservative outlook than expected
The Fed’s dot plot, which shows 19 individual members’ expectations, indicates a median estimate of 3.4% for the federal funds rate at the end of 2026.
