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US dollar on track for limited weekly profits on balance between Fed policies and economic softness
US dollar on track for limited weekly profits on balance between Fed policies and economic softness
Nov 7, 2025
The US dollar is on track for a modest weekly gain as investors balance the Federal Reserves hawkish tone with persistent concerns about the US economy. The dollar began a five-day winning streak last week after Fed Chair Jerome Powell acknowledged the risks of further monetary easing, but it reversed sharply on Thursday following weak labor market data. US Treasury...
Why U.S. energy bills are expected to keep rising
Why U.S. energy bills are expected to keep rising
Nov 7, 2025
Democratic promises to lower energy costs helped deliver a comfortable win in last Tuesdays elections, as several party candidates pledged to freeze utility rates. Democrats also captured seats on Georgias Public Service Commission for the first time in nearly two decades a sharp rebuke to regulators who had approved six electricity rate hikes over the past two years. As a...
How energy providers can capitalize on the data center boom
How energy providers can capitalize on the data center boom
Nov 6, 2025
The rapid rise of artificial intelligence and digital infrastructure has made data centers the fastest-growing source of electricity demand in North America. As grid operators and policymakers race to keep pace with this surge, energy providers face a historic opportunity to unlock new avenues of growth and revenue. The First Challenge: Capacity Bottlenecks Data center developers are working under tight...
Yen moves in a negative zone due to Sanae Takaichi
Yen moves in a negative zone due to Sanae Takaichi
Nov 9, 2025
The Japanese yen weakened in Asian trading on Monday against a basket of major and minor currencies, extending losses for a second consecutive session versus the U.S. dollar, as the greenback gained on optimism surrounding an end to the longest government shutdown in U.S. history. Japanese Prime Minister Sanae Takaichi announced that her government plans to abandon its current annual...
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Alvotech Strengthens Biosimilar Portfolio With $27 Million Xbrane R&D Deal
Alvotech Strengthens Biosimilar Portfolio With $27 Million Xbrane R&D Deal
Mar 20, 2025
On Thursday, Alvotech ( ALVO ) announced the acquisition of R&D operations of Xbrane Biopharma AB along with a biosimilar candidate, XB003, which is based on Cimzia (certolizumab pegol) for around SEK275 million (around $27 million). The transaction includes a cash payment of SEK102.2 million at closing, along with the assumption of SEK172.8 million in debt and accounts payable. The creditors...
Market Chatter: Nvidia Plans to Spend Hundreds of Billions on US-Made Electronics Over Four Years
Market Chatter: Nvidia Plans to Spend Hundreds of Billions on US-Made Electronics Over Four Years
Mar 20, 2025
06:29 AM EDT, 03/20/2025 (MT Newswires) -- Nvidia ( NVDA ) plans to spend several hundred billion dollars worth of chips and electronics manufactured in the US over the next four years, the Financial Times reported late Wednesday, citing chief executive officer Jensen Huang as saying in an interview. Huang said the chipmaker can now manufacture its latest systems in...
i-80 Gold Up 4% In US Premarket After Finalizing Third-Party Processing Agreements
i-80 Gold Up 4% In US Premarket After Finalizing Third-Party Processing Agreements
Mar 20, 2025
06:15 AM EDT, 03/20/2025 (MT Newswires) -- i-80 GOLD CORP. ( IAUX ) was at last look up 4% in US premarket trade after it overnight Wednesday announced it has finalized two third-party processing agreements in respect of toll milling as well as ore sales for refractory and oxide material, respectively. According to a statement, the agreements remain in effect...
Enerflex's President, CEO Marc Rossiter Steps Down, CFO Preet Dhindsa Named Interim CEO
Enerflex's President, CEO Marc Rossiter Steps Down, CFO Preet Dhindsa Named Interim CEO
Mar 20, 2025
06:32 AM EDT, 03/20/2025 (MT Newswires) -- Enerflex ( EFXT ) said late Wednesday that President and Chief Executive Marc Rossiter stepped down from his roles, effective immediately. The company has named Chief Financial Officer Preet Dhindsa interim CEO, while Vice President Treasury Joe Ladouceur has been named interim CFO, Enerflex ( EFXT ) added. The energy infrastructure and transition...
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Shiba Inu’s TREAT Gains Backing From Major Crypto Exchange: Details Inside
Shiba Inu’s TREAT Gains Backing From Major Crypto Exchange: Details Inside
Jan 10, 2025
TL;DR TREAT, Shiba Inus reward token, goes live next week, with KuCoin promising to list it on its platform. The SHIB community is warned that scammers target victims with fake offers involving the upcoming meme coin. The First to Add TREAT The Shiba Inu-related meme coin TREAT will go live on January 14. It is designed to be the reward...
CleanSpark Surpasses 10,000 BTC Treasury Milestone with 236% YoY Growth
CleanSpark Surpasses 10,000 BTC Treasury Milestone with 236% YoY Growth
Jan 10, 2025
Nevada-based Bitcoin mining firm CleanSpark   has reached a significant milestone by surpassing 10,000 BTC in its treasury. All the Bitcoins were mined exclusively from its US-based operations. The latest figure reflects a 236% year-over-year (YoY) increase in its Bitcoin holdings. CleanSpark Hits Milestone Zach Bradford, CEO and President of the firm attributed the milestone to the company’s strategic focus...
FTX Issues Clarification on Backpack’s Acquisition and Fund Repayment Claims
FTX Issues Clarification on Backpack’s Acquisition and Fund Repayment Claims
Jan 10, 2025
Bankrupt cryptocurrency exchange FTX has responded to recent claims by Backpack regarding the acquisition of its European arm, FTX EU, and the repayment of customer funds. In a statement released on January 8, the failed crypto firm clarified that the U.S. Bankruptcy Court has not approved the sale of FTX EU to Backpack, nor has it been authorized to manage...
Senate Banking Committee Announces First
Senate Banking Committee Announces First
Jan 10, 2025
The U.S. Senate Banking Committee, led by Chairman Tim Scott, is reportedly planning to establish its first subcommittee dedicated to cryptocurrency. This initiative marks an important milestone in the Senate’s approach to regulating the digital assets industry. Cynthia Lummis Selected as Chair Fox Business reporter Eleanor Terret shared the development in a January 10 post on X, noting that Senator...
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