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Business Stories

Morgan Stanley Appoints Tommy Zheng as Head of Industrials Banking

Tommy Zheng joins Morgan Stanley as the head of industrials banking in…

Avalanche Treasury Co. Completes $675 Million SPAC Merger

Avalanche Treasury Co. and Mountain Lake Acquisition finalize a $675 million SPAC…

Federal Reserve Rate Cut Odds Rise After Labor Data

Weaker U.S. labor data increases chances of a Federal Reserve rate cut.

Goolsbee Warns of Risks from Interest Rate Cuts

Austan D. Goolsbee discusses risks of interest rate cuts amid inflation concerns.

Greg Osuri Warns of AI Training Energy Crisis

Greg Osuri highlights urgent energy challenges posed by AI training demands.

Mitchell Demeter Appointed CEO of Sonic Labs

Sonic Labs appoints Mitchell Demeter as CEO to enhance global expansion and…

Black Forest Labs Secures $300 Million Funding Round

Germany's Black Forest Labs raises $300 million to enhance AI models and…

Kraken Secures Up to $300 Million for IPO Preparation

Kraken is in talks to raise $200-$300 million ahead of its 2026…

Citi Anticipates Fed Rate Cuts by 2025

Citi's playbook predicts five Fed rate cuts by 2025 amid economic stability.

Grayscale Launches Digital Large Cap Fund for Trading Tomorrow

Grayscale's Digital Large Cap Fund receives SEC approval, launching with $915 million…