Finance news

Yum Brands sells Pizza Hut to private equity firm LongRange Capital for $2.7 billion

Yum Brands is selling Pizza Hut, capping off years of struggles for the pizza chain.

26d06/16⚠ war-conflict · 3/5

Kevin Warsh's Fed is not expected to make any change to rates for a while, according to CNBC Fed Survey

The survey respondents do expect the Fed at this week's meeting to remove the easing bias in the statement that has signaled the Fed's next move would likely be a cut.

26d06/16⚠ war-conflict · 3/5

Treasury yields fall ahead of Kevin Warsh's first Fed meeting

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 2 basis points to 4.449%.

◇ unclassifiedchina · asia

Philippines ‘still not ready’ for ‘Big One’ even after latest quake

When the ground tore open beneath the Philippines last week, Roldan Dante was working in a nearby town. By the time he could return, his home in Glan, Sarangani province, had collapsed. His wife and two young children were gone. “If only I had known this was going to happen, I would have picked them up,” he told This Week in Asia, as social workers pressed government cash aid into his hands. “I feel traumatised. I’m in shock and I still can’t accept what happened.” Dante’s loss speaks to the...

◇ unclassifiedgermany · europe

Work: Only just under half receive holiday pay

Vacation is an expensive thing in times of inflation. Even with a collective agreement, not all employees receive a subsidy. A study shows who can count on money for their travel budget.

26d06/16⚠ war-conflict · 2/5

Australia central bank warns hikes are not off the table as it keeps rates steady at 4.35%

In its statement, the RBA said that inflation was "still too high," which warranted to keep the cash rate unchanged

◇ unclassifiedusa · australia

◇ unclassifiedusa · japan

Bank of Japan hikes rates to 1%, highest since 1995, as yen and inflation worries take hold

This is the BOJ's first hike since December, when it raised rates to its current level of 0.75%, also its highest level in over 30 years.

26d06/16⚠ war-conflict · 3/5

Shipowners hold off on Hormuz transit until US-Iran deal proves ‘material’

Shipowners ⁠will not resume transit through ⁠the Strait of Hormuz for weeks until they are confident that the US-Iran deal is “material”, the CEO of Japan’s Mitsui O.S.K. Lines told the Financial Times in an interview published ‌on Tuesday. The Iran war that began on February 28 with US-Israeli strikes largely stopped shipping through the transit route for around a fifth of the world’s oil and liquefied natural gas supply, along with products such as aluminium and urea. Mitsui O.S.K., one of...

◇ unclassifiedchina · asia · iran

◇ unclassifiedgermany · europe · japan

Monetary policy: Japan's central bank raises key interest rates to the highest level in 31 years

The drastically increased energy prices have recently increased the pressure on the Bank of Japan. In order to curb inflation, the central bankers are now reacting by raising interest rates.

◇ unclassifiedgermany · europe · iran

Nikkei and Topix: Asia's stock exchanges open slightly in the red after the Iran rally - a look at Japan's interest rate decision

The Nikkei and Topix are trading lower. Investors are turning their attention to Tokyo. Japan's central bank raises key interest rates to the highest level in 31 years.

Social◇ unclassifiedsocial-signal

I told em to put it in the market

So my uncle is proud of his recent bank interest rate adjustment. He now receives 3.5% on his 250k savings balance, which works out to about $730ish monthly. I told em he could've made more than double that if he would've put the amount in the market. Is he being too safe? submitted by /u/Low_Badger_9430 [link] [comments]

◇ unclassifiedchina · asia · usa

Gavin Newsom accuses Trump of directing Justice Department to investigate him

California ⁠Governor Gavin Newsom on Monday accused US President Donald Trump of directing the Justice Department to undertake a politically motivated investigation of him and his wife. “Donald Trump isn’t just coming after me because of my mean tweets,” Newsom said in a ‌video statement posted to social media. “He’s coming after me because I am considering running for President.” The Justice Department and the White House did not immediately respond to a request for comment. Newsom said federal

All eyes are now on the bond market as oil prices fall. Will the Fed hike rates?

The $30 trillion Treasury market is taking a wait-and-see approach to the U.S.-Iran peace framework deal and to Kevin Warsh’s first meeting as Federal Reserve chair.

◇ unclassifiedusa · iran

JP Morgan: Falling Oil Prices A Massive Tailwind For Global Stock Markets

Tumbling oil prices could provide a massive tailwind for global stock markets by prompting a broader equity rally and clearing a path for central banks to cut interest rates, Karen Ward, the Chief Market Strategist for EMEA at JPMorgan Asset Management, said on Monday, as a tentative U.S.-Iran peace deal is digested by markets. Investors are currently treating higher oil prices as a threat to stocks because of inflation and growth concerns. Oil prices plummeted on Monday following the announceme

It could take years for oil prices to return to $67 a barrel. Here’s why.

The U.S. and Iran have reached a tentative deal to extend their ceasefire by 60 days and reopen the Strait of Hormuz, but it will take an excess of global crude supplies and lower shipping costs for the market to see any semblance of normality.

◇ unclassifiedusa · iran

Social◇ unclassifiedsocial-signal

I need support since no one in my real life would be happy for me! 400k at 33.

I [33F] just reached my $400k milestone in investments. I’ve lived very modest for most of my 20’s (possessions and rent lifestyle) and 10% was from inheritance. In my early 30’s I got out of a long-term relationship. Ever since my relationship ended, I’ve had to rediscover myself. I’ve been going through depression and feeling lost, and navigating dating at my age. I make a modest salary for my age ($60k) I had about 60% of my investments in cash at one point and almost bought myself a home, bu

26d06/15⚠ coups-regime · 3/5

From Hormuz to Houston: The U.S. Takeover of Global Energy Flows Ramps Up

Oil exports from the U.S. and its ‘Americas’ sphere of influence continue to be the prime beneficiary from the drop in crude output leaving the Middle East. Industry figures showed dirty tanker shipments from the Americas hit an all-time high of 14.5 million barrels per day (bpd) in May, up from 13.8 million bpd in April, and a 40% increase from May 2025. Meanwhile, transits through the key Strait of Hormuz global oil route dropped 89% from February to May, with total ship movements dropping fro

◇ unclassifiedchina · asia · usa

US judge dismisses Elon Musk’s xAI trade secret lawsuit against OpenAI

A federal judge on Monday dismissed a lawsuit by Elon Musk’s artificial intelligence company, xAI, that accused rival Sam Altman’s OpenAI of stealing ‌trade secrets for chatbots. US District Judge Rita Lin in San Francisco, California, said xAI failed to show that OpenAI induced former xAI senior engineer Xuechen Li, a Chinese national, to divulge confidential information related to its Grok chatbot, or that OpenAI engineers knew Li might have disclosed any. Lin ‌dismissed the case with...

The Case Against Government Buying Into the AI Giants

When Bernie Sanders and Donald Trump agree on something, that agreement deserves examination. Both are touting the idea that the federal government should have an ownership stake in major artificial intelligence (AI) companies. For Sanders, this would be a way for the American people to share in the wealth generated by AI companies that those companies accumulated through the theft of other people's writing, artworks, photos, videos, and recordings. And it would give the government a seat at the

◇ unclassifiedgermany · europe · usa

Wall Street: US stock exchanges are clearly up after the Iran deal - Dow Jones reaches record

The signed framework agreement between the USA and Iran is brightening the mood on the stock markets. But there is no all-clear when it comes to inflation. The Fed meets on Wednesday.

Trump is giving Warsh room to reshape the Fed

The new Fed chair is on a political honeymoon with a U.S. president who has been the Fed's biggest opponent.

26d06/15⚠ shipping-routes · 3/5

Strait of Hormuz reopening won't end shipping risks

A proposed US-Iran deal to reopen the Strait of Hormuz is raising hopes for global shipping and oil markets. But naval mines, high insurance costs and geopolitical risks mean disruption could persist for months.

◇ unclassifiedgermany · europe · iran

Social◇ unclassifiedsocial-signal

Mulling over inflation and how much it sucks

Just been working on a family financial dashboard and added an inflation toggle to it, and yep.... just pissed at how much inflation sucks. It's kind of crazy the compounding hit it has just like compounding growth is awesome, compounding inflation impact is the opposite of awesome. Curious what are actual inflation calculations other people are doing as I am assuming my newbish method probably can be improved. But basically am doing the following. Gathering full list of assets and toggling betw

◇ unclassifiedgermany · europe · usa

Wall Street: US stock exchanges are clearly up following peace prospects - Dow Jones reaches record

A potential deal between the USA and Iran is brightening the mood on the stock markets. But there is no all-clear when it comes to inflation. The Fed meets on Wednesday.

India Pushes States to Fast-Track Nuclear and Battery Storage Approvals

India’s federal government has urged states to accelerate approvals of nuclear and battery energy storage systems on their territories in a push to boost energy security amid soaring power demand, Indian newspaper the Economic Times reported on Monday. As many as 15 states or territories need “accelerated action” on clearances for proposed nuclear power plants and battery energy storage systems, the central government told chief ministers and officials from all states during a meeting last week,

Social◇ unclassifiedgermany · europe

AWV reporting obligation for transfers between own accounts?

I hope this still fits somewhat into the finance section, maybe someone here knows this. Actually, I have only had accounts in Switzerland for years. However, as life circumstances dictate that and the focus of my life will increasingly shift to Germany over the years, after a long time I now have a checking account again at a bank based in Germany. Since I didn't want to start with a completely empty account, ha

Warsh's Fed is likely to hold rates steady — what the leadership change could mean for your money

The Federal Reserve's June meeting, the first helmed by new Fed Chair Kevin Warsh, may impact many consumer borrowing and savings rates down the road.