MARKETS
U.S. Debt Mounts as Treasury Yields Near 5%
Interest payments on U.S. government debt have more than doubled over the past five years to more than 3% of GDP, a record level for the country and the highest among major developed economies.Emerging Markets
Emerging Markets Lose Momentum as Brent Crude Nears $100
The latest increase in crude prices followed attacks by Iran-aligned Houthi forces on Saudi energy facilities. The attacks have raised concerns about...Bitcoin Crash Shakes Corporate Crypto Hoarders
Executives are now weighing how to protect shareholder value without relying on further token accumulation, a strategy that once drew strong investor interest but now carries heightened downside risk.
Funding
Thinking Machines is Raising $1 Billion, Accel in Talks to Lead the Round
The proposed financing could value the AI lab at least $40 billion, while its annual revenue run rate exceeds $100 million.Gatik Raises $200 Million to Fund Its Next Phase of Expansion
The financing is Gatikâs largest to date and comes as the company moves beyond its early pilot programs into commercial operations across several locations.
Starcloud Raises $250 Million to Scale Orbital AI Infrastructure
The new funding values the space-computing startup at $2.3 billion as it expands manufacturing, develops larger orbital data centers, and secures future launch capacity.
Relativity Networks Raises $22 Million to Target Data Center Constraints with Faster Fiber
The companyâs fiber technology is designed to cut transmission latency and give hyperscalers more distance between distributed computing resources.
Wispr Raises $280 Million at $2 Billion Valuation to Expand Its Voice AI Footprint and Venture into New Areas
The startup plans to use the new capital to expand beyond dictation, with its recently released meeting note-taker among its new offerings.
Interest Rates & Credit
Dollar Set for Near-Term Rebound as Markets Reassess Rate Cut Bets
Even a modest adjustment in the rate outlook could make dollar assets relatively more attractive, supporting the greenback against lower-yielding peers.U.S. Household Debt Climbs as Student Loan Troubles Persist
Lower-income borrowers are disproportionately affected, with slower wage growth and rising living costs limiting their ability to reduce debt.Gold and Silver Reach Record Levels as Safe Haven Demand Grows
The rally in gold and silver sent ripples through global markets. In Asia, higher prices tempered jewelry demand in some regions, though investment buying remained firm.Russell 2000 Eyes Eighth Consecutive Gain After 42 Percent Rally Since April
While the US stock market at present is trading near all-time highs, the small-cap-tracking Russell 2000 is seeing some noticeable performance.Market Regulation
Eli Lillyâs Weight Loss Pill Gains U.S. Approval
FDA approval followed late-stage trials involving thousands of participants. Those taking orforglipron lost significantly more weight than participant...Diversity Programs in Federal Contracting Face Legal Scrutiny
While firms can still bid on contracts, they face competition against larger, better-capitalized com...UK Regulator Proposes Changes to How Google Treats Publishers
Google said it would engage constructively with the regulator and emphasized the value search provid...
Global Stocks Hover Near Records as Earnings and Trade Developments Influence Markets