Author: Arabian Media staff
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Federal Reserve Governor Christopher Waller on Thursday laid out the argument he is going to make in two weeks to his central bank colleagues — cut interest rates now because the labor market is weaker than you think, and inflation from higher tariffs isn’t a worry. Source link
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Three significant pieces of crypto legislation make further headway. Source link
Banks are gearing up to take on payments competition from stablecoins, which could increase after Congress passed the Genius Act. Source link
Oracle’s stock rose more than 3% on Thursday, moving ever closer to a $700 billion market cap. Source link
Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step closer to their wallets for everyday use. Source link
Netflix also raised its 2025 profit outlook, but the stock was down after hours. Source link
Citing industry data, Benchmark estimates that AMC delivered nearly 37% year-over-year domestic admission growth per screen in the second quarter, well above the prior estimate of 12.5%. Source link
In the U.S., buzzy momentum stocks are running circles around the competition. Source link