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US April PPI Annual Rate Hits Over Three-Year High
Svmuu reports that the US April PPI annual rate recorded 6%, the highest since December 2022, surpassing the market expectation of 4.9% (Jin10).
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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US banks are owed $349B by private credit funds, as PIK interest payments rise to 10% of loans
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Al Jazeera: Israeli attacks on Gaza kill at least 4 Palestinians, UN Human Rights Office warns of ethnic cleansing risk
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Musk retweeted that as of October 31, the number of Starlink satellites has reached 11,184, accounting for 66% of the total active satellites globally.
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Bitcoin staking protocol b14g says $97 million CORE drained, pauses contracts
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Nikkei Asia: Overseas entities' JPY bond issuance reaches a record $16 billion as the AI funding race spreads to Japan
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Al Jazeera: Palestinian Man Succumbs to Injuries After Israeli Drone Strike in Gaza
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SpaceXAI, the AI division of SpaceX, failed to dismiss an air pollution lawsuit filed by the NAACP, with the judge ruling that the case will proceed.
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Chainalysis: Ethereum Reorg Causes THORChain Emergency Pause, Accidentally Delays Binance Hacked Funds Laundering
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Binance confirmed that it has transferred 7,499 Bitcoins to the SAFU fund, stating that it has recovered 90% of the stolen assets and pledged to rebuild the emergency fund to approximately $1 billion.
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Donald Trump announced his "complete and total endorsement" of Congressman Bob Latta for re-election as the representative for Ohio's 5th Congressional District.
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