The United States has reached a debt milestone that highlights one of the biggest economic challenges facing Washington: the government is borrowing at a pace that is becoming increasingly difficult to sustain. Total US debt outstanding reached $40.047 trillion on Tuesday, according to the Treasury Department’s latest daily cash and debt balances statement. The figure
Unitree Robotics shares surged in their Shanghai debut on Wednesday, giving China’s best-known humanoid robot maker a market value briefly above $60 billion and underlining investor appetite for one of Beijing’s most closely watched technology sectors. The stock opened at 1,100 yuan on the STAR Market, 629% above its IPO price of 150.80 yuan, before
Gold edged higher on Wednesday as US Treasury yields retreated, giving bullion some breathing room after a steep decline as traders waited for the Federal Reserve’s July meeting minutes. Spot gold traded around $4,350 an ounce in Asian hours after sliding nearly 2% on Tuesday. The rebound came as the benchmark 10-year Treasury yield eased
Hyperliquid price has fallen below $59 after briefly crossing $60 on August 18, leaving HYPE down around 1.4% over the past 24 hours while retaining a 7.1% seven-day gain. CoinGecko data showed HYPE trading near $58.49 on August 19 after reaching a 24-hour high of $60.41, with the token giving back part of a rally
Oil prices extended their advance on Wednesday as renewed uncertainty over the Strait of Hormuz kept supply risks firmly in focus, pushing Brent above $91 a barrel and WTI towards $86. Brent crude futures rose about 0.8% to $91.71 in Asian trading, while US West Texas Intermediate gained roughly 0.9% to $85.70. Both benchmarks were
UK inflation accelerated in July as a sharp rise in household energy costs pushed the headline rate further above the Bank of England’s target, reviving questions over whether policymakers may eventually need to raise borrowing costs again. The Consumer Prices Index rose 2.9% from a year earlier, up from 2.6% in June and matching economists’
Pump.fun’s PUMP token has risen more than 8% over the past 24 hours to around $0.00301, extending its seven-day gain to more than 10% after recently reaching a six-month high. CoinGecko data shows PUMP traded as high as roughly $0.00312 during the latest session, while its market capitalisation stood near $1.18 billion and 24-hour trading
Stellar (XLM) remains under pressure on Tuesday as uncertainty across the broader cryptocurrency market and weak technical momentum weigh on Stellar. XLM is down by more than 2% in the last 24 hours, extending its corrective decline beneath $0.155. Mixed derivatives and on-chain indicators point to cautious sentiment, leaving XLM at risk of additional losses.
Amazon’s ambition to turn its cloud computing business into a $1 trillion-a-year revenue engine is still a long way from becoming reality, but the pursuit of that target could create substantial value for shareholders, according to Morgan Stanley analyst Brian Nowak. Amazon Chief Executive Andy Jassy recently said AWS could “very possibly” become a business
Rolls-Royce share price has held steady near its all-time high, helped by the ongoing demand for its products in areas like civil aviation, defense, and power. This pause could be the calm before the storm ahead of a renewed rally as bulls target the key resistance level of 2,000p. Analysts expect Rolls-Royce revenue and profits