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Fed Holds Rates at 3.5%-3.75%, Warsh Signals Hike Possible by Year-End, June 18
Fed holds rates at 3.5%-3.75% and signals possible hike by year-end under Chair Warsh. Nine members project rate increases in 2026.
Hancock Prospecting Cuts Jobs at Roy Hill Mine, June 18
Hancock Prospecting reduces Roy Hill workforce while developing Round Hill mine to sustain iron ore production above 63 million tonnes annually.
European Stocks Slip 0.2% as Warsh’s Hawkish Fed Debut Drowns Out US-Iran Peace Deal Optimism
The good news arrived first. The Fed’s reaction wiped it out. European shares had inched higher on June 17, with the STOXX 600 closing 0.5% higher in its fifth straight session of gains, as investors awaited the signing of the US-Iran peace deal scheduled for Friday. Then, under new Chair Kevin Warsh, the Federal Reserve…
Uttar Pradesh Crosses 2 GW Solar Milestone, Joins Elite States Club
Uttar Pradesh reaches 2 GW rooftop solar capacity, joining elite states. Growth driven by PM Surya Ghar Muft Bijli Yojana scheme.
IPO’s Today: SBI, Bank of Baroda Eye Multibagger Gains from NSE IPO OFS; LIC Holds Stake
The IPO market is once again in focus as the much-talked-about NSE initial public offering moves through its offer-for-sale phase. Major state-backed financial institutions like State Bank of India and Bank of Baroda are drawing attention as potential big winners from early investment in the exchange’s unlisted journey. At the same time, LIC has chosen…
Mondelez Stock Falls 2.1% as Fed Signals Rate Hike, June 18
Mondelez stock falls 2.1% to $60.87 after Fed rate hike signals, rising Treasury yields, and Russia controversy pressure the snack maker.
James May Fails Modern Driving Test After 46 Years, June 18
James May fails modern UK driving test after 46 years despite experience. Speeding violations caused his failure in comparison attempt.
Crypto Prices Today: Bitcoin Falls to $63,661 as Hawkish Fed Signals 2026 Rate Hikes; Moody’s Expands to Solana
Crypto Prices came under pressure on June 18 after the Federal Reserve delivered a hawkish policy message. Bitcoin traded at $63,661, extending recent losses as traders reacted to expectations for higher borrowing costs later this year. The Fed kept rates unchanged but signaled that several policymakers now expect at least one rate hike before the…
Hamamatsu Photonics Stock Rises on Fiscal 2026 Earnings Forecast, June 18
Hamamatsu Photonics (6965.T) stock gains attention as analyst forecasts for fiscal 2026 operating profit rise 8.5% week-over-week, closing at ¥2,742.