Latest News
SoFi Expands Enterprise Banking with 24/7 Dollar and Stablecoin Platform
SoFi Technologies has introduced a new enterprise banking platform enabling businesses to manage both traditional dollars and stablecoins around the clock. The stock gained 1.5% following the announcement, which comes weeks before the company's first-quarter results.
American Airlines, Qantas Alliance Gets Interim ACCC Approval Amid Fuel Pressure
The Australian Competition and Consumer Commission has issued interim authorization for the American Airlines-Qantas alliance, allowing coordination to continue while a full review proceeds. The provisional clearance comes as carriers face rising fuel costs and market uncertainty.
Turkish Airlines Expands in Romania with New Timisoara Route
Turkish Airlines has initiated five weekly flights connecting Istanbul and Timisoara, bringing its Romanian destinations to four. The service aims to boost regional trade and tourism through its global network.
Live Nation Stock Holds Wall Street Confidence Despite DOJ Settlement Scrutiny
Live Nation Entertainment shares gained as Wells Fargo and Citizens issued positive analyst notes, highlighting robust financials and growth prospects even with a pending DOJ settlement. The concert giant reported record 2025 revenue and attendance.
Oil Surges on Renewed Hormuz Tensions, Fueling Inflation Fears
Oil prices surged sharply Thursday, with Brent crude exceeding $109 and WTI climbing past $111, following renewed geopolitical tensions over the Strait of Hormuz. Analysts warn U.S. gasoline could hit $5 a gallon if the vital waterway remains closed.
U.S. Mortgage Rates Hit 6.46%, Highest Since Fall, Squeezing Spring Buyers
U.S. mortgage rates have surged, with Freddie Mac's benchmark 30-year fixed rate reaching 6.46%, the highest level since September. The jump is cooling housing activity, with purchase applications down and refinancing demand plummeting.
Natural Gas Futures Steady Amid Oversupply, Record LNG Exports
U.S. natural gas futures remained anchored around $2.80 per mmBtu as a larger-than-expected storage injection and unseasonably warm weather countered record March LNG exports. The Energy Information Administration lowered its 2026 price forecast below $3.80.
XRP Retreats to $1.30 Amid Geopolitical Selloff, Ripple Expands Treasury Tools
XRP declined roughly 4% to trade near $1.30 on Thursday, dragged lower by a broad risk-off move in digital assets fueled by escalating Middle East tensions. The drop occurred despite Ripple launching new digital asset capabilities for corporate treasuries and a payments partnership.
Silver Tumbles 4% as Geopolitical Tensions Fuel Dollar, Oil Rally
Silver prices declined nearly 4% on Thursday, pressured by a stronger U.S. dollar and surging crude oil following heightened Middle East tensions. The move reversed the previous session's gains.
Bitcoin Retreats Near $67K as Geopolitical Tensions Rattle Crypto Markets
Bitcoin declined approximately 2% to near $66,700 Thursday, pressured by renewed Middle East tensions that boosted the dollar and oil. U.S. spot bitcoin ETFs recorded significant net outflows.
Gold Retreats as Dollar Gains on Geopolitical Tensions
Gold prices dropped sharply Thursday, erasing much of the prior day's rally, as a stronger U.S. dollar and surging oil prices shifted market focus back to inflation risks. Spot gold fell 2% to $4,660.95 an ounce.
