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Home > Latest

Lates News

date
26/02/2026
Insiders say that Josh Kushner's Thrive Capital recently invested in OpenAI at a valuation of $28.5 billion. Thrive has invested around $1 billion from its new fund in OpenAI.
Latest
5 m ago
Federal Reserve's Schmid said on Wednesday that high inflation remains a key issue that the Federal Reserve needs to address, but he did not specifically state how monetary policy should respond. Schmid said, "I think we still have work to do in terms of inflation" and at the same time "I think the employment situation is quite good." He did not elaborate on how these factors would affect his assessment of the prospects for monetary policy. Schmid had previously been skeptical of the Federal Reserve's interest rate cuts last year when officials lowered the target rate range to 3.5% to 3.75%. The market expects the Federal Reserve to further lower interest rates this year, but officials have provided little guidance. Schmid also mentioned the Federal Reserve's balance sheet, saying that internal discussions focus on understanding the appropriate level of reserves needed by the financial system. He pointed out that the large amount of mortgage-backed securities held by the Federal Reserve from past bond purchases continues to suppress housing lending costs. Due to the current size of the Federal Reserve's holdings of mortgage-backed securities, mortgage rates "may be 75 to 100 basis points lower than they otherwise would be."
6 m ago
The CME Group: The natural gas futures and options market on CME Globex will have pre-market trading starting at 12:45 Central Time in the United States, and will officially open at 12:50.
8 m ago
The Chicago Mercantile Exchange (CME) stated on Wednesday that trading in the CME Globex metals and natural gas futures and options markets has been temporarily halted due to technical issues. The exchange operator said that its support team is investigating the issue. Earlier this month, the CME Group reported delays in the publishing of metal settlement prices. All orders placed on the same day and designated day prior to the current day (GTD) orders will be canceled. All confirmed cancel before market open (GTC) orders will remain valid and will be placed in the market.
8 m ago
Federal Reserve's Moulton Saleem: Lowering inflation to target levels will help boost consumption and economic growth and may lower the yield on 10-year Treasury bonds.
8 m ago
Federal Reserve's Mousalem: Reducing inflation to target levels will help promote consumption and economic growth, and may lower the 10-year interest rate. It is very important to complete the task of controlling inflation.
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