Finance news

‘Squeezing more life out of every dollar’: How inflation is forcing a new reality on American families and amplifying the economy’s ‘K shape’

Higher prices are crimping spending among lower- and middle-income consumers, the Fed’s beige book reports.

Where to park 20% of my nw

I've been investing since 13 years and my nw is all in equities. Now I've just sold a house a I'll receuve the money next week (250k eur) which represents 15% of my total nw (i wrote 20% in title but made a mistake). I want to invest it in equities as long term is the only thing that makes sense for wealth accumulation but what instrument would you park it it to then invest it say within 12 months? Of course if I see a dip of 10% ish ill dump it all in, if not dca slowly. I never really had so m

Beige Book: Fed economic report: High energy prices are the main driver of inflation

The increased energy costs are fueling inflation to 3.8 percent. Before the first interest rate meeting under the new Fed chief Warsh, there are increasing voices for a longer interest rate break.

Why Japan, Philippines are risking China's ire over sea boundary talks

Thoughts on CQQQ (China Technology ETF)?

I was thinking about doing some geographical diversification by moving some of my US Tech holdings to other countries. Was looking at CQQQ, but the returns look really lackluster this year (down a bit YTD). Is this primarily due to the Iran war? I think there's a lot of upside potential for tech companies in China (looking at Espressif, for example, if it were easy to buy that stock in the US, I'd do that, but it looks like a hassle). Thoughts? Suggestions? submitted by /u/cafedude [link] [comme

Iraq Targets 770,000 bpd Through Ceyhan as Southern Output Climbs Back

Iraq has restarted production at some of its most important oil fields, including West Qurna 1, Majnoon and Fauqi, lifting national output back to roughly 1.5-1.6 million barrels per day after the collapse triggered by the Hormuz crisis, according to IraqiNews. Iraq has spent the past three months confronting a dangerous economic oil dependency caused by the closure of the Strait of Hormuz, and the rebound still keeps Iraq far below the more than 4 million bpd Iraq was producing before the regio

FBI kill man holding hostages in California after 12-hour standoff following bomb threat

A man holding hostages inside a building in California that houses a bank branch and school district office has been shot and killed by the FBI, police said on Wednesday. The suspect was killed in “an officer-involved shooting involving Federal Bureau of Investigation personnel”, the Bakersfield Police Department said in a statement. The stand-off ended about 12 hours after police were called to the building, police said. All the hostages are free and none was harmed, police said. The stand-off.

Refinance KFW repayment?

Hello, as a last resort I unfortunately had to apply for a KFW student loan and have a very large amount to pay back. Interest rates were wonderful before the pandemic, but now they are outrageous. I have to reduce my monthly payment to the minimum (€190), most of which is interest. Do you have experience with debt restructuring? Are there banks that give a loan with a sum of around 25k for debt restructuring, then with a better interest rate? I also pay off student loans and

The Iran war hasn’t slowed the economy, but higher inflation leads companies to freeze hiring

The largest part of the economy grew faster in May, even as businesses were coping with the worst inflation in several years — at a cost to job seekers. Many companies have adopted temporary hiring freezes to offset their own rising costs.

Want to save the planet? Stop being so polite to AI chatbots

Skipping pleasantries like “please” and “thank you” when talking to chatbots could save enough energy to power the annual needs of 760,000 residents in sub-Saharan Africa, highlighting the massive but often hidden environmental toll of artificial intelligence, according to a new UN report. Released by the Institute for Water, Environment and Health under the United Nations University, the UN’s academic arm, the study published on Wednesday also warned that the true cost of AI extended far beyond

Piero Cipollone: Europe’s money evolves so people’s freedom to pay remains

PayPal 24 months 0% credit as an investment

Hello, when I opened PayPal I noticed that there was currently a promotion. You can apply for a digital credit card for in-store purchases with up to €6,800 and 0% interest. I just tested it with €400 and 3 months and it was activated immediately. If you assume positive developments from the MSCI World or something similar, then it is actually a waste not to use this loan and invest in an ETF. The only problem would be that you do this

Citizen group to press for ‘transparency’ in Philippine VP Sara Duterte’s impeachment trial

A citizen watchdog has been launched in the Philippines to monitor Vice-President Sara Duterte-Carpio’s impeachment trial, as turmoil inside the Senate threatens to deepen public doubts over whether the politically explosive proceedings can be handled fairly and constitutionally. Members of civil society launched the coalition, called Bantay Senado (Senate Watch), on Monday, saying it would “help ensure that the impeachment trial is conducted transparently, fairly and forthwith, in keeping with.

OECD gives a stark warning while lowering 2027 growth forecasts

Organization for Economic Cooperation and Development is warning of the risks of inflation. But that’s not all.

How Japan and the Philippines are building a maritime security front against China

Japan and the Philippines are deepening defence and maritime cooperation over shared concerns about China, with broad implications that analysts say reach beyond the South China Sea. Following Philippine President Ferdinand Marcos Jnr’s state visit to Tokyo last week, the two sides agreed to launch formal talks on military intelligence sharing and maritime boundary delimitation, while elevating ties to a comprehensive strategic partnership. Beijing responded strongly, denouncing the boundary...

Life insurance

Hello fellow Middleclassers, I (30M) am currently considering whether it is still worthwhile for me to take out life insurance so that my family is somewhat protected should God's plan for me become dark. There are several options for 500k over 35 years on Check24. Do you have experience with this? Is there an option that pays back a sum if you survive the deadline or even with interest? Thanks in advance and all the best! submitted by /u/LatenightBot [link] [comments]

Online Shopping: Has the Temu wave reached its peak?

Online trading grew significantly faster than the German economy in 2025. But foreign shops dominate. Will Temu and Co. remain successful in the future?

BW LPG Sees YoY Increase in Shipping Revenue

'Current earnings continue to be supported by trading inefficiencies and a shortage of available vessels on the US-Far East trade'.

USA: No experience, but loyal – Trump makes “Little Trump” intelligence coordinator

Bill Pulte is considered a loyal follower of the US President and publicly attacked Fed Governor Lisa Cook. Senior Republicans are skeptical.

Frank Elderson: Strengthening operational resilience for the age of AI

Late tax return: Missed the filing deadline? This way you avoid late payment interest

If you submit your tax return too late, you will quickly pay for it: if you are just a few weeks late, you can face surcharges and interest. However, under certain circumstances, those affected can still prevent this.

Vietnam inflation rises to 2020 high; trade deficit widens on fuel costs

What does Beijing’s response to Tokyo-Manila boundary talks mean for Taiwan?

The mainland Chinese coastguard’s first independent law enforcement patrol east of Taiwan on Monday – in response to the maritime border talks between Japan and the Philippines – marked an expansion of its patrolled area beyond the traditional focus. Since its launch in 2021, the China Coast Guard (CCG) has routinely patrolled in the South China Sea, East China Sea and Yellow Sea. In recent years, apart from routine patrols around a few Taiwan-controlled islands, the CCG has also joined the...

China among top gold buyers as bullion overtakes US Treasuries in global reserves: ECB

China is one of the world’s largest buyers of gold as central banks shift towards the precious metal, which has overtaken US Treasuries to become the world’s top reserve asset amid higher valuations and its appeal as a geopolitical hedge, the European Central Bank said. The world’s second-largest economy was the fourth-largest per-country buyer of gold in 2025 after Poland, Kazakhstan and Brazil, purchasing about 25 tonnes, the ECB stated. It estimated that China had bought more than 350 tonnes.

Iran War: Iran reports highest inflation in decades

In Iran, consumer prices have risen more sharply than at any time since the Second World War. Many Iranians are now severely restricting themselves.

Japan Commits $19.4 Billion to Fighting Its Energy Crisis

Japan will spend an additional $19.4 billion to cushion the inflation blow to Japanese households resulting from the oil and gas export flow disruption in the Middle East. The package, approved by Prime Minister Sanae Takaichi this week, includes a $16-billion reserve fund specifically created for controlling energy commodity prices through additional subsidies, Bloomberg reported. The publication added that the fund will first be used to cap the price of gasoline at the pump. Reuters reported t

Petition: Self-support for child support to €2000

Currently, the self-support of fathers who pay maintenance is close to the poverty line. Child support increases from year to year, but self-support remains unaffected. This means that fathers who actually pay maintenance are extremely at risk of poverty. The petition calls for self-support of €2000 and other things. It must also be in the interests of the children that the parent who pays maintenance does not have to live under the bridge. Text of the petition The petition supports the reform

Goldman Sachs CEO Warns Oil Shock Could Alter Consumer Behavior

Tightening crude oil supply will lead to consumer behavior changes in the second half of the year as the imbalance with demand pushes inflation higher, the chief executive of Goldman Sachs has warned. Speaking at an industry event in New York, David Solomon suggested consumers are already changing their behavior in response to higher energy prices, and those changes could become more pronounced after July. He added, as quoted by Reuters, that the Fed will likely keep interest rates unchanged bec

Like Indonesia, India's central bank may hike rates to defend its currency

A falling currency and rising risk of higher inflation could prompt India's central bank to hike interest rates.

US Federal Reserve: New Fed Chairman Warsh plans reforms under the supervision of predecessor Powell

Kevin Warsh announces fundamental changes - and wants to protect the independence of the central bank against political pressure.