Finance news

SpaceX shows investors still want moonshots. The Fed may test that theory this week.

Higher interest rates could make the AI growth story that’s been powering the bull market harder to justify.

How is Bitcoin not just a digital amulet

You know how amulet sellers spoke the language of fixes: this carved bone wards off evil spirits, that little stone guarantees a good harvest, this piece of metal cures sickness, that scrap of cloth brings luck. The objects themselves were ordinary junk with zero real power. They fixed nothing. Their only strength was the story and the desperate hope of the buyer. Bitcoin works exactly the same way, just in digital form. Promoters talk endlessly about the fixes it delivers. It will end inflation

Deadly Mindanao quake raised seabed, causing marine die-off

A powerful earthquake that killed at least 61 people in the Philippines this week raised the seabed by as much as two metres (6.6 feet), exposing coral and harming marine life, the environment department said on Sunday. The 7.8-magnitude tremor in southern Mindanao island on Monday has also left at least 40 people missing, according to updated tolls from the disaster agency. Local residents first reported the geological phenomenon known as “coastal uplift” two days after the quake, which...

Drowning of student athletes in Philippines throws spotlight on collegiate sports industry

The drowning of two university basketball players in the Philippines has raised concerns about the extreme training conditions and pressures surrounding student athletes in the country’s highly commercialised collegiate sports industry. Incoming rookie player Rene Baterbonia, 19, and Nigerian student-athlete Divine Adili, 21, died on Monday during a school-sanctioned “team-building activity” in Dipaculao, Aurora, on the east coast of Luzon island. Both played for the Blue Eagles of Ateneo de...

Federal Reserve: Kevin Warsh is under pressure even before his first meeting

This week Kevin Warsh is leading his first interest rate meeting. Can the new head of the US Federal Reserve withstand the pressure from the White House?

Market Cap by 2030 for AI infra playes ??

Every article I read nowdays state that AI infrastructure demand is very strong and is going to continue until 2030. There are also articles around Physical AI, still in infancy stage, and that will enter mainstream somewhere in 2028-2029 and peak until 2035. I feel stocks like NVDA, MU, SNDK, NBIS all have had a good run but witht the demand commentry being fed all these should go way higher from here. At this pace all these AI infra players in 5 years should be 25-30 trn Market cap. Where is s

Japan adds Indonesia to ‘network of navies’ after Australia, Philippines

Indonesia sits at the confluence of the world’s busiest sea lanes. Its coastline stretches nearly 55,000km (34,000 miles) and its waters encompass the Malacca and Lombok straits, chokepoints through which trillions of US dollars in global trade pass annually. Yet for years the nation’s navy has lacked the subsurface awareness to monitor, let alone counter, what moves beneath the waves. Japan intends to change that. Tokyo confirmed on June 5 that the two countries had agreed to begin formal talks

I have to spare €700 a month

Hello everyone, here's another real post. I am 19, still live with my parents and am a student. I currently have €700 per month that I would like to invest. I don't have an emergency fund, as is actually recommended, because, as I said, I still live with my parents and therefore have greater financial freedom. I'm a complete beginner with no ongoing investments. In the past I have experimented 2-3 times with small sums (€5-10) in certain companies

Tech is selling off, PPI came in hot. I’m starting to look at prediction markets instead of the stock.

I’m not trying to make a dramatic crash call. I’m just having a hard time reconciling the setup. Tech has been under pressure, inflation data isn’t helping the rate-cut case, and geopolitical risk is still hanging around. Normally that’s the kind of backdrop where I’d expect people to get at least a little more cautious. Then SpaceX goes public, raises $75B, and still closes its first day around a $2.1T market cap. I’m not saying SpaceX isn’t a real business. Obviously it is. But the timing feel

Odds on Warsh/Fed meeting is the primary reason for Trump to sign the Iran agreement this weekend

Title. Listened to macro/econ podcasts on how vulnerable we are on the inflation / bond market front and Warsh about to lose the disinflation narrative with the Fed governors on cutting rates. Iran agreement gets at least a rates hold now and we can look for a cut later this year. A weaker bond market now will kill the non-AI investments and spends submitted by /u/Mental-At-ThirtyFive [link] [comments]

Trump to name James McDonald – one of his lawyers – as Wall Street’s top cop

US President Donald Trump said on Saturday that he planned to appoint James McDonald as US Attorney for the Southern District of New York, the federal prosecutor whose office handles many of the most high-profile cases involving Wall Street. McDonald would replace Jay Clayton, whom Trump nominated as US director of national intelligence less than two weeks after a congressional backlash against his interim appointee, housing official Bill Pulte. Trump had tapped Pulte after Tulsi Gabbard, the...

Fuel Tax Changes Hit Six States As Energy Inflation Accelerates

Oil markets extended their decline on Friday, with crude prices falling sharply after U.S. President Donald Trump said a peace agreement with Iran was close and canceled previously threatened military strikes. Brent crude slipped below $90 per barrel, trading around $88–$89, while WTI fell to roughly $85–$87, as traders priced in the possibility of de-escalation in the Middle East and a potential reopening of the Strait of Hormuz. The decline allowed motorists to enjoy some reprieve at the pump,

Bitcoin Act = Expansion of Money Supply and Dedollarization by the U.S Itself

The U.S. BITCOIN Act (Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act) is a legislative proposal designed to establish a federal Strategic Bitcoin Reserve. It directs the U.S. Treasury to acquire 1 million Bitcoin over a five-year period to create a non-inflationary national asset. The intent is to strengthen the national balance sheet, hedge against long-term fiat currency devaluation, and establish a digital equivalent to U.S. gold reserves. The

Evaluates my financing plan: new building + rented DHH with intra-family sale/buyback

We (couple, Bavaria) are planning a new building (KfW-40, ~1.2 million construction budget, property 2026 from EK, construction start in 2027) with a granny flat. There is also a rented semi-detached house (DHH). I would like to have you break down the plan before we go into the bank discussions. **Initial financing ~825k over 4 loans:** Loan amount conditions DHH (rented) 250k 3.7% + 1% Bank 1 (new building) 375k 3.5%, 10 years, 1% repayment KfW 1 + 2 each 100k 0.6%, final maturity - EK ~750k, loan-to-value ratio new building ~40%, Ra

Municipal bonds in a fluctuating market

Any of yall thinking about adding in some munis to the mix since they haven’t fallen off as much as CDs and HYSAs plus the obvious tax advantage of their interest not being taxable income? Many 20 year municipals are still near 5% without paying a premium in the primary and secondary market. Downside: interest rates may run higher with inflation, but the new fed chair seems unlikely to hold rates high long term. These are also callable meaning if interest rates do drop, municipalities may call t

Armed men in Haiti’s capital seize top official in rare high-level abduction

Armed men in Haiti have kidnapped James Boyard, cabinet director of the Defence Ministry and a highly respected security expert who also serves as inspector general of Haiti’s police, a person with the knowledge of the situation said on Saturday. He is the highest-ranking official to be kidnapped in the gang-wracked Caribbean country in recent years. A person with knowledge of the situation who was not authorised to speak publicly about the case confirmed the kidnapping to Associated Press on...

Trump to discuss Strait of Hormuz demining efforts at G7

US President Donald Trump is expected to discuss plans to demine the Strait of Hormuz with allies during next week’s Group of Seven summit in France, a senior US administration official said on Saturday, as mediators said an agreement to end the war was close. Britain and France, which are both members of the G7, have expressed interest in assisting with demining the critical waterway once the conflict is paused. The official, who briefed reporters on the condition of anonymity on ground rules..

Rising Energy Bills Are Fueling a Global Home Battery Boom

Consumers are battling higher energy bills worldwide due to rising inflation and greater price volatility of oil and gas, driven by significant restrictions on energy trade through the Strait of Hormuz in recent months. This has prompted a surge in interest in household solar systems, as consumers look to produce their own clean, affordable power. Consumer interest in battery installations is also growing as battery prices decrease and people become increasingly aware of the potential for 24-hou

Investment: The questionable figures from Deutsche Sustainability AG

Invest sustainably and safely with ten percent interest per year. Plus the well-known name Stefan Pierer. Does the DN Group keep what it promises?

New student loan plan comes with higher bills for many. Tax planning can help cut your payments

With some planning, federal student loan borrowers can save on their monthly bills under the U.S. Department of Education's new repayment plan.

RSU sale: tax question regarding the transfer USD → EUR

I have RSUs with Fidelity. When they are sold, they are not automatically recorded in Germany, so I do the tax return myself (including dividends, which arise because uninvested money was automatically placed in a cash/money market fund and generated interest that I have already paid tax on). I still have USD from sales at Fidelity. If I transfer this money to Germany now (USD → EUR), will another taxable event arise or is that

The rich keep spending money on ‘unapologetic luxury’ — and it’s raising prices on everyday goods for everyone

The wealthy are unfazed by inflation, and that could complicate the Fed’s ability to fight it.

In 2018, Apple became the first company on the stock exchange, to reach a 1 Trillion dollar valuation, and people thought it was the top of the cycle back then..

2026: Elon Musk's personal net worth just surpassed 1 trillion, now stands at a whopping 1.1 trillion! I think now is a good time to re-evaluate your portfolio, and position yourself away from tech as much as possible. This is a strange time, because while their is a few overvalued companies, such as space x, There is also many deals to be had at the same time. Stay careful out there! :) submitted by /u/Connect-Silver-5982 [link] [comments]

Kennedy Centre loses last-ditch attempt to keep Trump’s name on building

The Kennedy Centre was running out of options on Friday evening to keep President Donald Trump’s name on the facade of the iconic performing arts venue. A judge earlier in the afternoon rejected a request to pause a court-ordered deadline of Friday to remove references to Trump from the building and other aspects of the Kennedy Centre’s operations. The institution appealed that ruling, an effort that was also rebuffed on Friday evening. Scaffolding was erected around a section of the building...

Philippines’ Duterte to undergo another health check to determine fitness for ICC trial

The International Criminal Court ordered a medical assessment of former Philippine President Rodrigo Duterte to determine whether he is fit to stand trial, with proceedings set to start in November. It is the second time that Duterte, who is facing charges of crimes against humanity over his drug war that killed thousands of people, will undergo a health check ordered by the court. The ICC’s pre-trial chamber found in January that the former leader, who ruled the Philippines from 2016 to 2022,..

Expensive refueling: Survey: Many people leave their cars parked more often because of the price of fuel

Many people experience inflation particularly violently at the gas station. According to a survey, this is currently leading to changes in behavior.

US Gov directive suspends access to Anthropic Fable 5 and Mythos 5

The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees. The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance. https://www.anthropic.com/news/fable-mythos-access So if the gov is going to curtail access to better models how

US judge reprimanded for having sex in chambers apologises: ‘I have no excuse’

A US federal judge who was disciplined after an investigation found that she had sex with a police officer in her chambers and then lied about it wrote a letter to a former law clerk apologising for her “harmful, offensive, and unprofessional behaviour”. An investigation initiated last year by the chief judge of the 11th Judicial Circuit found that US District Judge Eleanor Ross had sex in the courthouse with a high-ranking uniformed police officer within earshot of staff, attended a partisan...

China patrols waters east of Taiwan in response to Japan-Philippine talks

Asean at 60: peace, prosperity and polite paralysis

Dan Rae Hugo has never heard of the Asean Petroleum Security Agreement. All he knows is that his diesel costs have doubled, his profit margins have evaporated and the rice on his neighbours’ tables now costs 20 per cent more than it did before the Iran war. The 43-year-old has been farming the fields of Iloilo, the Philippines, for 18 years. He has never worked harder for less. “It’s all the inputs: the diesel, the labour for operating the machines, the transportation when we harvest … It’s the.