Finance

Ethereum Devs Set December Date for Fusaka Upgrade

Ethereum Devs Set December Date for Fusaka Upgrade

Ethereum developers have set Dec. 3, 2025, as the mainnet activation date for the Fusaka upgrade, nudging forward a timeline that had been expected to extend well into 2026. The decision came afte...

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xAI raises $10 billion at $200 billion valuation, CNBC reports

xAI raises $10 billion at $200 billion valuation, CNBC reports

(Reuters) –Elon Musk‘s AI firm xAI has raised $10 billion at a $200 billion valuation, CNBC reported on Friday, citing sources. xAI did not immediately respond to a Reuters request for...

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The AI Stock Rally Has More Room To Run, Says BofA. Here’s How To Play a Possible Bubble

The AI Stock Rally Has More Room To Run, Says BofA. Here’s How To Play a Possible Bubble

Michael Nagle / Bloomberg via Getty Images The Magnificent Seven stocks have risen about 60% since early April. According to a recent note from Bank of America strategists, the Magnificen...

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New Fed Governor Miran dismisses as ‘silly’ the notion that Trump influences his decisions

New Fed Governor Miran dismisses as ‘silly’ the notion that Trump influences his decisions

New Federal Reserve Governor Stephen Miran on Sept. 19 defended his call for more aggressive rate cuts at the Fed’s latest meeting, downplaying tariffs’ risks to inflation and concerns that his ac...

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Fed’s Stephen Miran wants 5 interest rate cuts by end of 2025

Fed’s Stephen Miran wants 5 interest rate cuts by end of 2025

Federal Reserve Governor Stephen Miran said he believes the central bank should cut interest rates five times by year’s end, rendering him an outlier in the Federal Open Market Committee tas...

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XPO’s outlook at Moody’s held steady but outlook is now “positive”

XPO’s outlook at Moody’s held steady but outlook is now “positive”

LTL carrier XPO had its debt rating affirmed Thursday by Moody’s, but with one significant change: its outlook was adjusted upward to positive from stable. A positive outlook is often a precursor ...

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