Long Island Rail Road Strike Ends After Three Days With New Labor Agreement
After a three-day shutdown, the Long Island Rail Road will resume service following a labor agreement that grants raises to workers without raising fares or taxes.
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Trade & Tariffs
Crypto & Fintech
Three Key Drivers Could Propel Bitcoin Back Toward $80,000
Bitcoin recently saw a significant sell-off, but strategic buying, rising bond yields, and geopolitical shifts could reignite its climb back above $80,000.
Crypto & Fintech
Soluna’s Data Center Hosting Surpasses Crypto Mining Amid Revenue Growth
Soluna Holdings reported a significant revenue increase driven by its data center operations, surpassing income from cryptocurrency mining despite lasting net losses.
Crypto & Fintech
Japan’s Top Brokerages Prepare Bitcoin and Ethereum Investment Trusts Amid Regulatory Overhaul
SBI and Rakuten lead Japan’s move to integrate Bitcoin and Ethereum investment trusts into traditional finance as regulatory reforms boost institutional interest.
Trade & Tariffs
New Economic Model Highlights Persistent Global Impacts of Tariffs Through Production Networks
A novel framework reveals that even short-term tariffs trigger lasting inflation, output losses, and international spillovers by disrupting interconnected global production and finance networks.
Crypto & Fintech
Bitcoin’s Bull Market Confirmation Hinges on Reclaiming Key Moving Average Level
Bitcoin must regain a critical 21-week moving average level near $82,000 to confirm the start of its next bull market phase, according to analyst Crypflow.
Trade & Tariffs
Uzbekistan and China Focus on Enhancing Trade, Investment, and Infrastructure Collaboration
Uzbekistan and China seek to deepen economic ties by expanding trade, boosting Chinese investment, and advancing major infrastructure projects to strengthen regional connectivity.
Energy & Climate
UN Climate Panel Retracts Dire Temperature Rise Scenarios From Previous Reports
The UN’s climate change committee has removed its most alarming temperature projections, acknowledging earlier predictions overstated the immediate severity of global warming’s impact.
Defense & Security
Disney Strengthens Support for Military Families with Book Event at Library of Congress
Disney partnered with Blue Star Families to host a large-scale book giveaway and character meet-and-greet, celebrating military children with free books and magical experiences.
Crypto & Fintech
Ethereum’s Recent Price Drop Linked to Rising Binance Deposits and Exchange Supply Glut
Sustained inflows of Ethereum to Binance during early May triggered growing sell pressure, leading to a notable decline below $2,150 as the market adjusts to increased exchange supply.