
Ava Labs, the team behind the Avalanche blockchain, seeks $350M in new funding amid a push to grow institutional adoption and developer ecosystem projects.





March CPI data hits 8.5%, a 40-year high, but core inflation shows signs of cooling, fueling the Fed's aggressive interest rate hike outlook.


Shipping demand is cooling, leading analysts to fear a freight recession similar to the 2019 downturn. Major transport stocks face downgrades.



Tilray shares rose after the cannabis company delivered a surprise profit and robust revenue growth while outlining plans for potential US market entry.



US consumer spending is falling as inflation dampens demand, raising recession fears and potential earnings risks for major retail and service companies.


