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US jobless claims rise while retail sales in April grow on higher gasoline prices

US unemployment claims rose moderately last week but were still within acceptable limits as businesses refrained from executing mass-level layoffs even as they

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Business

US retail sales increase 0.5% despite inflation pressures

 US retail sales rose in April, signalling continued resilience in consumer spending even as inflationary pressures intensified across the economy. According to data

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Business

Klarna stock: here’s why this Affirm rival is pumping today

Klarna stock price is pumping today, May 14, after the Buy Now Pay Later (BNPL) company published its financial results. KLAR jumped by

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Business

Dow reclaims 50,000 as Nvidia, Cisco rally lifts US stocks higher

US stocks opened higher on Thursday as investors reacted to strong earnings from technology companies and optimism surrounding the US-China summit. The continued

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Grvt expands wealth platform with Centrifuge yield integration

Grvt, a self-custodial onchain trading and wealth platform built on ZKSync, announced Thursday that it is integrating the Janus Henderson Anemoy Treasury Fund

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Oobit’s Colombia launch signals a bigger shift in crypto payments

Oobit, the crypto payments platform backed by stablecoin issuer Tether, has officially launched in Colombia, its ninth live market and the latest leg

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Nvidia tops $230 mark: here’s why analysts say NVDA still cheap ahead of earnings 

Shares of Nvidia (NVDA) climbed to another record high on Thursday, extending a powerful rally fueled by optimism around artificial intelligence demand, easing

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Business

Starbucks stock hits 52-week high: Why this analyst is bullish

Shares of Starbucks (SBUX) climbed to a new 52-week high on Thursday after TD Cowen upgraded the coffee chain, citing confidence that the

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Business

US retail sales show resilience despite cost pressures, ING warns of risks

US retail sales rose 0.5% in April, underscoring resilience in household spending despite higher gasoline prices and weak consumer confidence.  ING Economics said

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Business

Why some Bitcoin shorts paid 201 funding fees in 67 days — and others paid zero

For 67 straight days, traders shorting Bitcoin through perpetual futures were charged a fee every eight hours. That came to 201 separate payments. 

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