Finance news

Canada selects Germany’s ThyssenKrupp to build new submarine fleet

The planned purchase will be groundbreaking for Canada’s naval capabilities, as the country has not acquired newly built submarines in over 60 years.

Naval shipbuilding: Before NATO summit: Canada orders submarines from Germany

Germany's bid for a transatlantic submarine partnership has been successful. What makes the high-tech Class 212CD submarines so special and why TKMS is now creating new jobs in Wismar.

If China keeps growing, what are the better ways to get exposure without buying Chinese stocks directly?

Hi everyone, After my last post about whether the Chinese stock market is actually investable, most people basically said to avoid it. I get the concerns. I understand why a lot of people don’t want direct exposure to Chinese equities. At the same time, I still think the China story is far from over, especially in areas like AI chips, robotics, EVs, batteries, and other industrial sectors. So for this post, I’d rather forget about direct Chinese stock investing and talk about other ways to benef

Dell’s stock gets another Trump bump — but this time it’s fading

The president recommended that people buy Dell computers while speaking about the launch of “Trump accounts” on Monday.

Saudi Price Cut Sends Oil Lower

Oil fell to five-month lows after Saudi Arabia sharply cut its flagship crude prices.

Wall Street: Trump rings the stock market bell – Dow Jones closes again with a record

The US President opened stock market trading on Monday from the Oval Office. The leading index Dow Jones then closed above the 53,000 point mark for the first time in its history.

What is everyones opinion on Trump kids accounts? Choosing BNY and Robinhood to manage the initial apps seems suspect to me at best

Seems odd to choose these two companies instead of trusted brokerages but I honestly dont know how this stuff works. I know BNY Mellon from only one thing and that's Epstein trafficking money transactions. As for Robinhood unfortunately I use it and may have to stop but to me it seems like they've turned a lot of young people on to investing only to try and bait them into options/predictions markets (gambling and overwhelmingly losing). Plus the whole Gamestop/Beyond Meat scandal with pausing pe

Ondas makes $876M acquisition of DYZNE, latest in acquisition spree

After buying eight companies in the last two years, Ondas execs say they will focus on integrating their portfolio of drones “from surface to stratosphere” by developing a new AI command system in partnership with Palantir.

Does Fidelity process incoming wires much slower than Schwab?

I’ve noticed that whenever I send a domestic wire from Bank of America, it seems to reach my Schwab account much faster than my Fidelity account. The wire instructions are correct, and both accounts are in my name. Schwab often credits the funds pretty quickly, while Fidelity usually takes noticeably longer. Is this just how Fidelity processes incoming wires, or is there something I could be doing wrong? Has anyone else consistently experienced slower incoming wire times with Fidelity compared t

North America Drove Nearly Half Of Global Emissions Growth In 2025

The Energy Institute has released the 2026 Statistical Review of World Energy, published in partnership with Ember and in collaboration with KPMG and Kearney. The Statistical Review was previously published for more than 70 years by BP, and it remains one of the most useful annual references for understanding the global energy system. The full report and data can be found at this link. Over the next month, I will dig into the major categories in the report, including oil, natural gas, coal, rene

Russia Oil Price Falls to Pre-Iran War Level

Russia's flagship crude price has slid to levels seen before the conflict in the Middle East.

To future-proof your career in the age of AI, do 3 simple things: You'll 'remain valuable,' says expert

Dan Schawbel, who's spent over a decade researching how technology reshapes careers, says employees who do these 3 things in the age of AI will "come out ahead."

France: President Emmanuel Macron visits Syria

With visits to the USA and Germany, Ahmed al-Sharaa promoted Syria's rapprochement with the West. Now, for the first time in years, a Western head of state is coming to Damascus.

France’s Macron in Syria on first post-Assad visit by a Western leader

French President Emmanuel Macron arrived in Damascus on Monday for the first visit by a Western European head of state since Syria’s new authorities took power. President Ahmed al-Sharaa has been rebooting Syria’s international credentials and seeking to revive his struggling country after toppling long-time ruler Bashar al-Assad in December 2024. “I have come to reaffirm France’s commitment to the Syrian people. To a sovereign Syria, united in its diversity and at peace with its neighbours,”...

Giant data centers: The fight against AI at the Great Salt Lake

Resistance to a gigantic data center in Utah is becoming a symbol of a national protest movement. Even Trump supporters are against the project.

+++ Football World Cup 2026 +++: Infantino comments on Trump's call - Klopp rages against FIFA boss

Trump confirms conversation with FIFA boss about red card for US striker +++ Klingbeil calls on FIFA to clarify +++ Norwegian fans scramble for plane tickets +++ The World Cup blog

Security: Does the Federal Intelligence Service get a license to kill?

The federal government wants to significantly strengthen its secret services in view of the Russian threat. A draft law from the Federal Ministry of the Interior contains explosive details.

Iran War Strengthens the Case for Renewables and Storage

Let’s say that the Iran war has ended. Being investors, not political pundits or military strategists, we won’t opine on who won. Major events, however, have investment consequences. The incontrovertible winners, on a short and long-term basis, are the engineering, infrastructure, and construction firms that repair the damage, and the munitions manufacturers that replace the equipment consumed in the war. Nobody else comes close. What about oil? Oil prices have already retreated. Iran may rejoin

Military: Netherlands announces armaments projects worth more than three billion euros

Defense projects include partnerships with Belgium on air defense and with Britain on naval vessels. Joint projects with Germany are also planned.

Silver has plunged 50% from its January peak to $60. Why it could hit $130 next year.

After its dramatic plunge, silver may be experiencing a huge disconnect between its traded value and its importance as a critical material.

Integrity of World Cup is questioned as Trump, Fifa defend Balogun suspension actions

With the integrity of Fifa and the World Cup under attack from European football leaders, Fifa President Gianni Infantino acknowledged taking a call from US President Donald Trump before US forward Folarin Balogun was cleared to play against Belgium later on Monday. Balogun was issued a red card in the US match against Bosnia-Herzegovina last week, resulting in a suspension for the Belgium contest. Trump called Infantino after the match with Bosnia to plead his case to overturn the call and Fifa

The Family Ministry is apparently only planning three mandatory “father months” for parental allowance

Family Minister Karin Prien (CDU) wants to reduce the maximum period of receipt of parental allowance: from the current 14 to twelve months. SPIEGEL reported on it. The magazine Politico now reports that the parental allowance model is to be modified so that the so-called “father months” would be increased from two to three months. As recently as June, coalition circles said that Prien's plans would provide for four months for both partners and a further four months for free distribution in order to have full access

Short/Midterm ETF Diversification

What are you guys holding outside the core index funds? I want to gradually allocate 10-15% into some other ETFs and could use some ideas. My shortlist right now: Momentum, Asia ex-China/Japan, or semiconductors, but I am open to suggestions. I need some EU-domiciled ETFs that are traded on EU-regulated exchanges. I'm a bit hesitant on semiconductors. It feels like I missed the boat and we might be at the peak. I'm guessing the recent bump in Asian stocks is mostly just riding that same semicond

UAE Oil Production Nears Record High After OPEC Exit

The UAE is wasting little time capitalizing on its exit from OPEC, with crude production already climbing above 3.8 million barrels per day in June, its highest level in more than six years, as Abu Dhabi rapidly converts spare capacity into exports despite weaker oil prices. Production has accelerated since the UAE formally withdrew from OPEC and OPEC+ on May 1, ending years of output restrictions that had limited its ability to fully utilize its production capacity. Energy Minister Suhail Al Ma

Philip R. Lane: AI and monetary policy

Trump Accounts are live. Here's how some families plan to use them

As Trump Accounts launch, millions of parents are figuring out how the new investment accounts fit with their family's financial goals.

Here's how SpaceX's Nasdaq-100 inclusion might affect options pricing

About half-a-million SpaceX options traded by midday Monday, a little below the average since inception.

Pharma lobby: “Merciless, discreet and with a powerful influence on the government”

The drug manufacturers are fighting against the burden of the planned healthcare reform. They pull out all the stops.

Who should handle your estate plan: Your lawyer or your financial adviser?

The more people who have eyeballs on your situation, the better — but at some point, you are going to need a legal specialist.

Army makes new tweaks to acquisition portfolios, realigns autonomy office

The Army’s approach to acquisition portfolios, which is in flux after an overhaul in the fall, is to “keep what is working and change what is not,” a service spokesperson told Breaking Defense.