The surge in energy prices, visible at US gas stations since early March, is set to be fully revealed next week when new consumer price statistics are released, with gasoline costs—up an estimated 20% from February after seasonal adjustment—expected to be the single largest driver of the inflation hike in the country. However, the increase
Global travel patterns are undergoing a swift recalibration as the escalating conflict in the Middle East disrupts flight routes, dampens consumer confidence, and forces holidaymakers to rethink their plans. Travel companies across Europe are reporting cancellations, weaker demand in affected regions, and a noticeable pivot toward alternative destinations, even as overall appetite for travel remains
US federal regulators filed lawsuits against Illinois, Arizona, and Connecticut over who controls prediction markets, pushing back against state-level enforcement actions. The Commodity Futures Trading Commission, alongside the U.S. Department of Justice, launched separate legal actions on Thursday, arguing that state authorities have stepped beyond their remit by targeting platforms the agency considers federally regulated.
Solana (SOL) is facing a tense moment as technical signals and recent ecosystem developments paint a mixed picture. Despite notable strides in institutional adoption, the cryptocurrency shows signs of short-term weakness that could push its price toward critical lower levels. Bearish technical signals put SOL at risk The price of SOL has recently hovered around
Just over a year ago, on April 2, 2025, US President Donald Trump walked into the White House Rose Garden holding a large placard and signed what he called a declaration of economic independence. He called it Liberation Day. The US President promised it would make America wealthy, bring factories roaring back, and force the
US oil producers are unlikely to significantly increase output in the near term despite elevated crude prices, according to Dallas Federal Reserve President Lorie Logan, underscoring persistent risks to inflation and economic stability. Speaking at an event hosted by the regional Fed bank on Thursday, Logan indicated that current market conditions have not yet convinced
As Meta Platforms and Alphabet-owned Google head into a closely watched earnings season after a major legal setback, analysts say the results could serve as the next catalyst for the stocks. Analysts at Wells Fargo have reiterated an overweight rating on both companies, signalling continued confidence in their long-term outlook, even though they have trimmed
Airline investors are facing renewed caution as rising oil prices tied to the Iran conflict threaten to squeeze profits across the US aviation sector. While travel demand in the United States remains resilient for now, analysts warn that escalating fuel costs are putting significant pressure on airline margins, prompting lowered earnings forecasts and heightened uncertainty
US stocks closed slightly mixed on Thursday after paring deeper losses, as diplomatic signals from the Middle East helped calm markets rattled earlier by President Donald Trump’s threats of tougher action against Iran ahead of the long holiday weekend. Investor sentiment steadied in the afternoon after Iran’s foreign ministry said it was drafting a protocol
WTI crude oil price jumped to $112 on Friday, continuing a bullish trend that started in late February when Donald Trump and Benjamin Netanyahu launched their war against Iran. It has flipped that of Brent, which was trading at $109. Polymarket traders see WTI crude oil price hitting $120 Traders believe that the WTI crude