Finance news

Inside NATO's extraordinary 48 hours that revealed Trump's grip on global diplomacy

Steve Sedgwick goes behind the scenes of NATO's dramatic 48 hours, where Trump's changing tone reshaped diplomacy and left allies guessing.

Anduril CEO says it's bad to IPO in ‘middle of a hype cycle’

Anduril recently hit a $61 billion valuation, becoming one of the most highly valued private tech companies.

Meet the new group of stocks powering the S&P 500 higher

A violent rotation is taking place under the hood of the stock market ahead of second-quarter earnings.

Volksbanken: Supervision takes action at Raiffeisenbank Plankstetten

Bafin sends a special representative to the board of the small cooperative bank. There had previously been a special test. The bank managers affected by the move are fighting back.

Turkey and Iraq Move to Keep Critical Oil Export Route Alive

Iraq just bought itself another year. Turkey and Iraq are expected to sign a 12-month extension of the agreement governing the Iraq-Turkey crude oil pipeline within days, preventing a July 27 expiration that threatened one of Baghdad's few remaining viable oil export routes. Turkish Energy Minister Alparslan Bayraktar said the agreement is in its final stages and will ensure crude continues flowing from Iraq to the Mediterranean export terminal at Ceyhan. It's only a one-year extension, but righ

Landon Donovan says there’s ‘zero chance’ he could have afforded to play youth soccer in America if he was a kid today

The U.S. men’s soccer team once again didn’t make it past the Round of 16 in the World Cup — and some say the high cost to play youth soccer in America could be a key reason.

Car company in crisis: VW employees must continue to tremble

In the fight for tens of thousands of jobs and four large German locations, Volkswagen is threatened with drastic cuts. The model range is to be gradually halved - and the works council is issuing an ultimatum.

Volkswagen: VW supervisory board ends without clarity on savings plans

VW remains silent about job cuts and factory closures. After the supervisory board meeting there is still no clarity. The works council is now giving the CEO an ultimatum.

Volkswagen: Blume presents conversion plan for VW - factory question still open

VW CEO Blume presents his big plan for the car manufacturer to the committee. But there has been no decision about factory closures – at least not yet.

USDA lowers reported beef export sales by 90% amid growing doubts over data

The US Department of Agriculture dramatically lowered its reported beef export sales for late June on Thursday, sparking fresh concerns about the quality of the agency’s data after staffing losses as part of the Trump administration’s reshaping of the federal government. USDA said exporters in late June sold a net 12,064 tonnes of US beef to foreign buyers, 90 per cent lower than the volume it originally reported ‌a week ago. Traders had largely dismissed USDA’s initial report as inaccurate....

What are some of the ways people diversify from the S&P and gold?

I’m currently mulling over how to best diversify and I’m not 100% sure which way to go. I’m about 25%/30% snp. I’m in both the regular snp and the equal weight snp. Got some gold and a commodities ETF - that one covers gold, copper, other commodities etc. What are my options for further diversification? Emerging markets? The Dow? I’ve looked into government debt but every bond/gilt etf I see seems to be plummeting. All thoughts welcome. submitted by /u/mrlebusciut [link] [comments]

Crypto Startup Trying to Put a Barrel of Oil on Blockchain

A small crypto startup is trying to persuade the industry to experiment with a different kind of frontier: putting a barrel of oil on a blockchain.

Washington Draws a Line for Iraq’s New Leader

Iraq’s new prime minister, Ali Al-Zaidi, will meet U.S. President Donald Trump in Washington, D.C. on 14 July - shortly after America’s Independence Day on July 4th. Trump will no doubt highlight America’s struggle for independence and will press Al-Zaidi to make Iraq independent of Iran, but is Trump ready for an Iraq that is independent of America? It’s a good question because the same day the White House released the terms of the 14-point U.S.-Iran Memorandum of Understanding (MOU), The New A

Artificial intelligence: “Surcharge for Anthropic and OpenAI”: This is how companies keep their AI costs under control

Spending on artificial intelligence is increasing rapidly - but few companies know exactly what they are paying for. Four principles help to keep an overview and control budgets.

Kevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon

Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution's operations.

New ‘Ex-Elon’ ETFs let you avoid SpaceX and Tesla — but are they just a gimmick?

One expert doubts that new ETFs from Subversive will catch on in a meaningful way.

Crude Slides on Easing Tensions

Oil prices fell as traders bet the US-Iran conflict would remain limited.

Kalshi traders think gas prices will stay higher for longer as U.S.-Iran tensions heat back up

Odds that gas prices are above $3.50 on Election Day have jumped to 75% on the platform.

What affordability crisis? Rich home buyers are powering the housing market.

“The housing market is the best expression of the ‘K-shaped economy’ that we’re in right now,” one expert says.

A huge trade just happened on the Nasdaq 100. Bulls are taking notice

Tech bulls may not have to wait much longer for fresh highs, if the single-biggest trade in the Invesco QQQ Trust ETF on Thursday is any indication.

Kalshi traders see roughly 50% odds of a rate hike in 2026 as Fed is split on policy

Wednesday's Fed minutes showed a divided outlook on where interest rates are headed this year. Traders on Kalshi see a 54% likelihood of a hike before 2027.

Citi's AI Robotics Picks: Rockwell, Emerson, Honeywell Lead the List

Citi's Robotics & Physical AI Leadership Conference wrapped up on Tuesday. The annual Citi Research event brings together robotics founders, investors, operators, and industry executives to assess the state of "physical AI." Analyst Heath Terry summarized the key takeaways Wednesday morning, painting a picture of the robotics industry moving from proof of concept to commercial deployment, while warning that scaling robots remains challenging. "Labor shortages, reshoring, and favorable regulatory

Federal Reserve announces the leadership and objectives of its task forces to advance the conduct of monetary policy

Federal Reserve announces the leadership and objectives of its task forces to advance the conduct of monetary policy

Prediction markets spark insider trading concerns. Here's how Goldman and other companies are responding

CNBC reached out to 50 companies about what are their trading policies for employees on prediction markets. A handful had an answer.

The AI disinformation gap the Pentagon may be missing

“The Pentagon is building a better mousetrap while the mice are rewriting the blueprint for the house,” argues this analyst.

+++ Federal politics +++: The Bundestag will decide on the black-red coalition's austerity package on Friday

Associations warn the federal government against abolishing mini-jobs +++ Gauck calls for more “argumentative zeal” towards the AfD +++ Industry association: AfD government participation would be “fatal” +++ The news blog.

Mitsubishi Motors to make humanoid robots for its own auto factories

Walmart targets Japanese food as US inflation brings wealthier shoppers

7-Eleven parent's net profit jumps 24%, fueled by US gasoline prices

ANA's domestic fare revamp brings it closer to a budget airline