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Ether (ETH) surged more than 8.6% in the past 24 hours, trading at $2,420, after former U.S. President Donald Trump announced a sudden ceasefire agreement between Israel and Iran — a development that injected fresh optimism into global markets, particularly crypto. The announcement came late Sunday night and triggered an immediate upswing in risk-on assets….
In a bold and highly consequential move, U.S. President Donald Trump announced on Saturday that the United States had launched what he described as a “very successful” strike on three of Iran’s key nuclear enrichment sites. Declaring from the Oval Office, Trump claimed, “Iran’s key nuclear enrichment facilities have been completely and totally obliterated.” This…
U.S. stock market futures climbed modestly Wednesday morning, showing surprising resilience in the face of mounting geopolitical risks and investor anxiety surrounding the Federal Reserve’s imminent interest rate decision. Contracts tied to the Dow Jones Industrial Average rose 0.1%, S&P 500 futures gained 0.2%, and the tech-heavy Nasdaq 100 futures added 0.2%. The upward movement…
Despite signs that the truckload market is preparing for a rebound, economic headwinds continue to push the timeline further out. This week’s FreightWaves Chart of the Week—tracking the Outbound Tender Reject Index (OTRI) and the National Truckload Index (linehaul only)—offers a snapshot of a market caught in limbo. Over the past two years, both OTRI…
In a striking critique of America’s fiscal outlook, billionaire investor and Citadel founder Ken Griffin issued a warning about the rising cost of insuring against a potential U.S. debt default. Speaking at the Forbes Iconoclast Summit on Thursday, Griffin described the current pricing of U.S. credit default swaps (CDS) as “unfathomable,” expressing disbelief that the…
