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US Inflation Hits 4.2 Percent Three Year High
Markets

US Inflation Hits 4.2 Percent Three Year High

U.S. inflation surged to 4.2% in May 2026, the highest level since April 2023, driven by energy costs from the Iran conflict. The Dow Jones fell 953 points and the Nasdaq dropped 2% on the data releas...

Kentucky Prediction Market Tax Lawsuit: Kalshi, Polymarket, Crypto.com Sue to Block 14.25% Levy
Markets

Kentucky Prediction Market Tax Lawsuit: Kalshi, Polymarket, Crypto.com Sue to Block 14.25% Levy

A coalition of federally regulated prediction markets including Kalshi , Crypto.com , and Polymarket has filed a federal lawsuit challenging Kentucky's 14.25% excise tax on transaction fees, arguing i...

Figure Acquires Kiavi for $717M: Blockchain Real Estate Lending Deal
Markets

Figure Acquires Kiavi for $717M: Blockchain Real Estate Lending Deal

Figure Technology Solutions has agreed to acquire AI-powered real estate lender Kiavi for $717 million, marking one of the largest blockchain-fintech M deals this year. The acquisition will bring Kiav...

AlphaPepe Presale Hits $1.55M: Binance Listing Watch Intensifies as AlphaSwap Goes Live
Markets

AlphaPepe Presale Hits $1.55M: Binance Listing Watch Intensifies as AlphaSwap Goes Live

AlphaPepe presale hits $1.55M with 9,500+ holders at Stage 18 $0.01896. AlphaSwap AI-DEX live on Ethereum and BNB Chain. CEX reveal pending, Binance listing watch intensifies. AlphaPepe, a meme-coin p...

Kentucky Prediction Market Tax Lawsuit: Kalshi, Polymarket, Crypto.com Sue to Block 14.25% Levy
Markets

Kentucky Prediction Market Tax Lawsuit: Kalshi, Polymarket, Crypto.com Sue to Block 14.25% Levy

A coalition of Kalshi, Polymarket, and Crypto.com filed a federal lawsuit on June 13 challenging Kentucky's 14.25% excise tax on prediction market transaction fees, arguing it is discriminatory, uncon...

Canaan Mines 90 BTC in May: Bitcoin Holdings Hit Record 1,867 BTC
Markets

Canaan Mines 90 BTC in May: Bitcoin Holdings Hit Record 1,867 BTC

Canaan Technology mined 90 BTC in May 2026 through self-operated mining, pushing its Bitcoin treasury to a record 1,867 BTC alongside 3,952 ETH. The Nasdaq-listed miner's total hashrate reached 31.67 ...

SpaceX IPO 2026: $75 Billion Raise at $135 Per Share — What the Largest Stock Market Debut in History Means for Investors
Markets

SpaceX IPO 2026: $75 Billion Raise at $135 Per Share — What the Largest Stock Market Debut in History Means for Investors

SpaceX (NASDAQ: SPCX) made history on June 12, 2026, completing the largest IPO ever at $75 billion and a $1.77 trillion valuation. The stock surged 19% on debut, closing at $161 and briefly pushing m...

Dow Surges 900 Points: Trump Cancels Iran Strikes, Signals Peace Deal Near
Markets

Dow Surges 900 Points: Trump Cancels Iran Strikes, Signals Peace Deal Near

U.S. stocks surged Thursday with the Dow Jones Industrial Average jumping 900 points after President Trump canceled planned strikes on Iran and said a peace deal could be signed within days. The S 500...

Shiller P/E Hits 42.66: Stock Market Valuation Nears Dot-Com Bubble Peak
Markets

Shiller P/E Hits 42.66: Stock Market Valuation Nears Dot-Com Bubble Peak

The S 500 Shiller P/E ratio reached 42.66 in May 2026, just 3.5% below the dot-com bubble peak of 44.19, signaling historic overvaluation driven by AI-fueled IPOs and equity issuance. The S 500 Cyclic...

Figure Acquires Kiavi for $717 Million: Blockchain Giant Adds $7B in Real Estate Loans
Markets

Figure Acquires Kiavi for $717 Million: Blockchain Giant Adds $7B in Real Estate Loans

Figure Technology Solutions has agreed to acquire Kiavi for $717 million , adding over $7 billion in annual real estate loan volume to its blockchain-based tokenization marketplace as AI-driven lendin...

Gold Price Falls: Precious Metal Slides Below $4,300 for First Time This Year
Markets

Gold Price Falls: Precious Metal Slides Below $4,300 for First Time This Year

Gold prices fell to $4,088 per ounce on June 11, 2026, marking the fifth consecutive session of decline and turning negative for the year. Rising US real yields, Fed rate hike fears, and geopolitical ...

Bitcoin Rebounds Above $63,500
Markets

Bitcoin Rebounds Above $63,500

Bitcoin surged 3.4% to $63,553 on Friday, June 12, 2026, after President Trump announced a peace settlement with Iran and claimed the war has ended. The sharp rebound erased weeks of conflict-driven l...