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
Russia’s Foreign Ministry said on Thursday that it hoped the administration of US President Donald Trump would not make a grave error in Venezuela, as tensions between Washington and Caracas continue to rise. Moscow expressed alarm about US policies that could jeopardise international shipping and further destabilise the region. The remarks come after Trump on
US stocks rose sharply on Thursday as investors digested a lighter-than-expected inflation report, easing concerns about persistent price pressures and helping spark a rebound in technology shares after a bruising run. The Dow Jones Industrial Average traded 339 points higher, or 0.8%, while the S&P 500 advanced 1.1%. The Nasdaq Composite outperformed, gaining 1.5%, as
Accenture posted stronger-than-expected first-quarter results on Thursday, helped by rising demand for artificial intelligence-led IT services, as clients increasingly turn to automation and machine learning to overhaul operations. The technology consulting firm reported revenue of $18.7 billion for the quarter, up 6% from a year earlier and ahead of Wall Street expectations of $18.53 billion.
The GE Vernova stock price suffered a harsh reversal as it plunged by over 10% in a single day. It bottomed at $614, down by 15% from its highest level this year, erasing some of the gains it made recently when it boosted its payouts to investors. GE Vernova stock price drops amid AI concerns
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
The Artificial Super Intelligence (ASI) Alliance said ASI:Cloud has begun processing live workloads, marking a significant step in its push to provide decentralized, enterprise-grade AI infrastructure to developers and researchers. The platform offers permissionless access to GPU compute and AI inference services, positioning itself as an alternative to centralized cloud providers at a time of