Economy & Central Bank News — page 18

Kalshi, the operator of a regulated prediction market, is considering an initial public offering, though timing is not expected to occur within the current year, according to its chief executive.

Retail meme traders push Wendy's higher, with reports noting management changes may influence sentiment but the move appears driven by broader market dynamics.

Eight months after lining up a custom chip deal, OpenAI and Broadcom reveal Jalapeño, their joint project aimed at strengthening OpenAI's AI infrastructure.

Across multiple premarket reports, shares in Absci and FuelCell Energy advanced, while Cerebras Systems and FedEx declined, alongside other notable movers noted by CNBC and Investing.com

Markets react as Berlin abandons the F126 frigate project, sending Rheinmetall lower while ThyssenKrupp Marine Systems climbs, according to multiple outlets

Asian tech shares recover from a global rout, with Samsung and SK Hynix among the leaders as South Korea's KOSPI recovers from a sharp tech selloff

New testing of Anthropic’s Mythos AI reportedly identified vulnerabilities in secure U.S. systems within hours, prompting restrictions on related models by the administration.

FedEx reported solid fourth-quarter results, driven by pricing power, and outlined an expectation for an 11% increase in 2026 revenue as it proceeds with the planned spin-off of its freight unit.

SpaceX reportedly issued $25 billion in notes, attracting roughly $89-$90 billion in investor orders, in a move described as a debt offering coming shortly after an IPO event.

The New York Times reports Meta Platforms is developing a prediction markets platform, code-named Arena, with stock moves following the report according to outlets citing the NYT

Constellation Energy will supply emissions-free nuclear electricity to a Walmart facility under a long-term agreement tied to the Dresden Clean Energy Center.

Wendy’s announced the appointment of Steve Cirulis as chief financial officer and chief strategy officer, with the changes taking effect on June 23, according to multiple outlets.

Meta introduced a new line of lightweight smart glasses priced from $299, described by executives as a stepping stone toward more advanced wearables with in-lens displays.

ECB chief economist Philip Lane described the central bank's recent rate increase as a measured, calibrated response to a mid-sized inflation shock rather than the start of an aggressive cycle, as euro-area inflation holds above 3% and markets price at least one more hike this year.

The European Parliament's ECON committee backed the digital euro in a June 23 vote, advancing the legislation toward a July plenary vote and trilogue talks, with agreed compromises on online and offline use and fees — landing the same week as a US Senate vote to ban a Fed digital dollar.

The US Senate passed the 21st Century ROAD to Housing Act 85-5, attaching a four-year ban on a Federal Reserve digital dollar through 2030 — with a stablecoin carve-out — even though the Fed has no active CBDC project; the bill now heads to the House.

Investors and traders reeled from hotter inflation signals and a hawkish Fed stance, leading to a repricing of rate expectations ahead of key PCE data and the prospect of an earlier policy move.

U.S. safety agency launches a special investigation into a fatal Tesla Model 3 crash in Katy, Texas, as authorities seek to determine the causes and potential safety implications.

U.S. federal authorities have opened an investigation into a fatal crash involving a Tesla Model 3 that struck a Texas home, after authorities said the driver referenced partially automated driving systems

U.S. president signs two executive orders aimed at expanding quantum computing capabilities and expediting the shift to quantum-resistant encryption, signaling a push to bolster national tech leadership and security.

SpaceX has reportedly inked a computing-power agreement with Reflection AI worth up to $6.3 billion, reinforcing its Colossus data center as a commercial platform for AI workloads.

Strategy expands its cash buffer to $1.4 billion after a setback linked to STRC, while also bolstering bitcoin holdings and signaling steadier support for preferred-share dividends.

SpaceX pursued a senior unsecured notes offering shortly after reporting a sizable cash hoard and a record IPO, with analysts voicing valuation concerns ahead of the bond launch

A long-term agreement will supply natural gas to fuel a Microsoft data center in Texas, reflecting Microsoft’s continued use of fossil fuels to meet rising demand from its AI infrastructure.

CRH announced a cash-based acquisition of Arcosa, valuing the infrastructure-focused company at about $8.5 billion, expanding its portfolio in infrastructure-related products.

Former Federal Reserve chairman Alan Greenspan has died at age 100, ending a long tenure that spanned nearly two decades under four presidents, and leaving a lasting imprint on central-bank discourse.

Two major outlets report that the Fed under Warsh will not provide a rescue framework for markets, while concerns about liquidity persist, shaping an unsettled outlook for equities and risk assets

Toronto-Dominion Bank plans to run WorkiQ tracking software for staff in its financial-crime and risk unit, logging time in browsers, chat and meeting tools — a productivity drive that has stirred privacy and consent concerns as workplace monitoring spreads across finance.

With Starmer resigning and a Labour leadership contest set to conclude in early September, frontrunner Andy Burnham has become the focus of investor anxiety over UK fiscal discipline — though sterling's slide to three-month lows and steady gilts suggest markets had largely priced the change.

Following a shift in expectations, Bank of America now sees three Fed rate hikes this year, while commentators note a sizable portion of FOMC participants anticipate at least one hike during the year under new chair Warsh