Author: kumbhorg

The Federal Open Market Committee is widely expected to leave its policy rate unchanged this week, with the CME Group FedWatch tool implying a 98 percent probability that the federal funds rate will remain within its current range of 3.5 to 3.75 percent.  At the last FOMC meeting in April, there was a reasonable case for remaining patient and keeping policy steady. A negative supply shock stemming from conflict in the Middle East had pushed inflation higher, but monetary rules based on nominal spending suggested that policy was broadly in the right place. Nearly two months later, that case has…

This well-known athletic retailer had large volumes of aged overstock held at various distribution centers (DCs) around the country. A small group of jobbers purchased the inventory on informal terms, managed by each DC, leading to inconsistent processes and outcomes across each location. In this case study, learn how the retailer: Partnered with B-Stock to replace its informal jobber model with a structured B2B resale program Streamlined processes to create consistency across all distribution centers Allowed for inventory to move out of each warehouse, faster Boosted recovery for the inventory over the legacy jobber solution Download case study The post…

Virat Kohli has never shied away from expressing his admiration for some of cricket’s greatest moments, and the former India captain recently reflected on one such occasion that continues to hold a special place in his memory. Widely regarded as one of the finest batters of the modern era, Kohli revealed that there is one iconic cricketing moment he wishes he could have experienced firsthand as a player.The 37-year-old, who is currently recovering from a hamstring injury sustained during the IPL 2026 final. The veteran batter missed India’s ODI series against Afghanistan but is expected to return in time for…

The Detroit Red Wings have some prospects that they could package to make a big swing at someone Daily Faceoff: Max Bultman on if the Detroit Red Wings have some prospects they could look at moving to help improve their roster for next season. Tyler Yaremchuk: “Who do you think are the young pieces that he would be willing to dangle in a deal?” Bultman: “I look at places where they kind of have duplicate prospects. I don’t know if that’s.. I’m not trying to be disparaging when I say that, just guys who kind of fit the same future…

The decision comes after a prolonged period of difficulty for the chain, which has faced increasing competition from a range of rivals.

A new framework from asset manager VanEck is drawing clear lines between Bitcoin miners that are genuinely transforming into artificial intelligence infrastructure providers and those that are still selling a story. All of it comes with a sobering price tag: a roughly $50 billion near-term funding gap standing between the sector’s pipeline ambitions and actual delivery. In a research note, VanEck investment analyst Griffin MacMaster and Head of Digital Assets Research Matthew Sigel laid out what they describe as the first structured valuation approach for the increasingly blurry category of companies that straddle both Bitcoin mining and AI data center…

Hollywood actor Arnold Vosloo, who played the role of Imhotep in ‘The Mummy’ and ‘The Mummy Returns’, has boarded the cast of Vijay Deverakonda’s ‘Ranabaali.’The official announcement was shared online in an Instagram post that not only introduced his character, Sir Theodore Hector, but also debuted his first look.Arnold Vosloo’s first look in ‘Ranabaali’ revealedWhile sharing the poster, the makers wrote, “THE DEMON OF DROUGHT-SIR THEODORE HECTOR. From captivating audiences across the world as ‘Imhotep’ in ‘The Mummy’ to embarking on a new journey as the ruthless ‘SIR THEODORE HECTOR’ in #Ranabaali. Happy Birthday and welcome to Indian Cinema, #ArnoldVosloo.”View…

France’s Kylian Mbappe celebrates after scoring the opening goal of his team during the World Cup Group I soccer match between France and Senegal in East Rutherford, N.J., near New York, Tuesday, June 16, 2026. (AP Photo/Frank Franklin II) Kylian Mbappé entered the 2026 FIFA World Cup with an opportunity to add another chapter to what is already one of the greatest international careers football has ever seen. Still only 27 years old, the France captain is playing in his third World Cup and is already among the most prolific scorers in the tournament’s history. Following his two-goal performance in…

CG PPT 2026 round 1 merit list released The Chhattisgarh Directorate of Technical Education (DTE) has released the Round 1 merit list for the Chhattisgarh Pre-Polytechnic Test (CG PPT) 2026 admissions. Candidates who appeared for the entrance examination can now check the merit list on the official website, cgdte.admissions.nic.in.According to the official data, a total of 3,913 candidates have been included in the state merit list for admission to Diploma in Engineering and Diploma in Architecture programmes.Merit list prepared based on multiple factorsThe CG PPT 2026 Round 1 merit list has been prepared on the basis of candidates’ eligibility criteria,…

Polygon Chain can now support up to 5,000 payment transactions per second.The capacity upgrade makes stablecoin payments more practical for payroll, remittances and B2B settlement.Polygon says the higher throughput and stable fees could help fintechs and enterprises build payment products with more predictable costs.Polygon Chain can now support up to 5,000 payment transactions per second, Polygon Labs said in a statement shared with AlexaBlockchain. This is its latest effort to position Polygon network as a production rail for stablecoin payments. The upgrade was achieved by raising the network’s gas limit to 160 million while maintaining 1.5-second blocks.The milestone puts Polygon…