NovaBay Pharmaceuticals (NBY) — a nanocap with a market capitalization of about $30 million — has renamed itself Stablecoin Development Corporation and changed its ticker to SDEV, marking a full shift from healthcare to crypto. This follows a $134 million private placement backed by firms including Framework Ventures and Tether Investments, the company said. The…
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Donald Trump paused planned strikes on Iran for five days after “productive” talks. Iran claimed Trump “backed down,” while Brent crude fell sharply below $100. PM Modi said the Middle East war has created unprecedented challenges for India. A second suspected “zombie ship” was reported crossing the Strait of Hormuz. Indian markets crashed as oil…
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Chicago Federal Reserve President Austan Goolsbee said Monday that he’s more worried about inflation now than he is unemployment, even with apparent progress made on the war with Iran. In a CNBC interview, the central banker said policymaking is difficult in the current environment. He spoke shortly after President Donald Trump announced that progress had…
