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MacroRegulation

Powell to Remain on Federal Reserve Board Despite Trump Legal Challenges

Federal Reserve Chair Jerome Powell announced he will remain on the Fed board despite legal challenges from the Trump ad...

May 6, 2026, 07:02 PM
Federal ReserveJerome Powell
MarketsMacro

MicroStrategy CEO Saylor Reverses Never-Sell Bitcoin Pledge

Michael Saylor said MicroStrategy will "probably sell some bitcoin" to pay dividends, reversing the firm's long-standing...

May 6, 2026, 07:01 PM
MicroStrategyMichael Saylor
MiningMacro

Core Scientific Acquires Bitcoin Miner Polaris as Stock Rises 11%

Core Scientific announced Tuesday it will acquire Bitcoin miner Polaris in a strategic expansion move. The company's sto...

May 6, 2026, 06:04 PM
Core ScientificPolaris
Macro

Trump Expected to Confront Xi Over Iran Oil Purchases

Incoming tensions between the US and China over Iran oil purchases could destabilize global energy markets and complicat...

May 6, 2026, 06:01 PM
TrumpChina
Macro

Gold Breaks Above $4,700 as Silver Rallies 6%, Reigniting Safe-Haven Debate

Spot gold rose above $4,710 per ounce Wednesday while silver gained more than 6% in a single day, extending a months-lon...

May 6, 2026, 05:05 PM
GoldSilver
AdoptionMacro

SpaceX Plans $55B Terafab Megafactory in Texas for Chip Production

SpaceX is planning an initial $55 billion investment in Terafab, a chip and AI megafactory in Grimes County, Texas, as p...

May 6, 2026, 05:04 PM
SpaceXElon Musk
Macro

Ukraine Conflict Escalation May Extend Crypto Market Volatility Into 2026

Ukrainian drone strikes deep into Russian territory suggest the conflict is unlikely to reach a ceasefire by 2026, poten...

May 6, 2026, 01:11 PM
UkraineRussia
Macro

US-Iran Diplomatic Talks Show Limited Immediate Crypto Market Impact

The US and Iran are negotiating a memorandum to reduce regional tensions and revive nuclear deal discussions. While pote...

May 6, 2026, 01:10 PM
United StatesIran
Macro

Nvidia's AI Chip Market Share Faces Pressure From Rival Processors

Nvidia's share of the AI processor market contracted as rival chipmakers released competing products, according to recen...

May 6, 2026, 01:06 PM
NvidiaAMD
Macro

Oil Market Volatility Mounts as Hormuz Blockade Strands Thousands of Ships

A prolonged blockade in the Strait of Hormuz has left thousands of vessels stranded, escalating geopolitical tensions an...

May 6, 2026, 01:01 PM
Strait of Hormuzoil markets
ExchangesMacro

Coinbase Cuts 14% of Workforce Amid Subdued Market

Coinbase announced a 14% workforce reduction, with CEO Brian Armstrong citing soft crypto market conditions and AI-drive...

May 6, 2026, 10:22 AM
CoinbaseBrian Armstrong
MacroRegulation

Fed Leadership Transition Coincides With Key April Jobs and Inflation Data

The Federal Reserve enters a new leadership era as April employment and inflation reports arrive days apart, with an inc...

May 6, 2026, 10:18 AM
Federal ReserveFederal Funds Rate