Business

How Central Bank Interest Rate Hikes Affect Foreign Exchange Markets

When central banks raise interest rates, national currencies almost always strengthen. Learn exactly how bond yields, inflation data, and carry trades drive global foreign exchange markets.

Barry Moore Wins Alabama Senate Runoff Fueled by Crypto PAC

U.S. Rep. Barry Moore won the Alabama Republican Senate runoff on June 16, defeating Jared Hudson after receiving $12.1 million in backing from a pro-crypto super PAC.

Kalshi launches institutional surveillance platform with StarCompliance to block insider trading

Prediction market Kalshi partnered with StarCompliance to launch an enterprise surveillance tool for financial institutions. The software monitors employee accounts to prevent insider trading.

JetBlue abandons Newark hubs to seize Spirit Airlines’ vacated Florida market

JetBlue is cutting 10 routes and closing operational bases in Newark to fund a record 11-route expansion in Fort Lauderdale, targeting former Spirit Airlines customers.

Bitcoin Battles $60K Sell Pressure as Oil Shocks Fade and Liquidity Drains

Bitcoin continues to face heavy sell pressure near $60,000 as global liquidity constraints and ETF outflows overshadow the recent plunge in crude oil prices.

Kevin Warsh Pushes Fed Communication Overhaul Amid 4.2% Inflation Pause

Newly appointed Federal Reserve Chair Kevin Warsh leads his first FOMC meeting, focusing on a major overhaul of central bank communication strategies amid a 4.2% inflation pause.

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