Finance news

Bond yields are falling as inflation pops. The Fed’s tough talk under Warsh is helping.

Kevin Warsh, the new Federal Reserve chair, is helping coax Treasury yields lower by talking tough on inflation.

The housing bill’s back on track to becoming law. Here’s what it does for affordability.

A bipartisan housing package appears once again close to becoming U.S. law, albeit with a delay after President Donald Trump canceled a signing ceremony for the legislation on Wednesday.

Equinor Pulls Out of Japan’s Offshore Wind Market

Equinor is ending its offshore wind business activities in Japan and will close its Tokyo office by the end of the year as the Norwegian energy major is realigning its non-oil and gas strategy to focus on power markets. “This decision reflects a reassessment of Equinor’s strategic direction, with a strengthened focus on integrated power markets,” the Norwegian company said on Friday. While Equinor is ending its Japanese presence, Japan will remain an important country for Equinor, which will con

◇ unclassifiedusa · europe

AM General CEO defends JLTV A2 program after lawmakers’ funding threat

“The JLTV A2 transition proved especially challenging due to the unforeseen condition of the technical baseline we inherited,” John Chadbourne, said in a release Friday.

Deutsche Bahn: Confusion about possible culprits for total DB failure

On Wednesday night, rail traffic came to a standstill. An Instagram post is now causing unrest: an external company is said to be responsible for the incorrect update of the DB train radio - but they deny it.

OpenAI hasn't held pre-IPO investor meetings or set timeline yet, sources say

OpenAI said it confidentially filed its prospectus with the SEC earlier this month, but noted it "may be a while" before it goes public.

Trump threatens 100% tariff on countries putting 'Digital Services Tax on American Companies'

"This TARIFF will supersede Trade Deals made with the Country, whether implemented, signed, or not," Trump wrote in a Truth Social post.

20d06/26⚠ war-conflict · 2/5

Trump says Iran struck ship in Hormuz, calls it ‘foolish violation’ of ceasefire

US President Donald Trump on Friday blamed Iran for carrying out a drone strike on a cargo ship in the Strait of Hormuz, calling it a “foolish violation” of the ceasefire agreement with the US. One drone damaged the upper deck of the ship but the ship was able to proceed, Trump said. The US shot down three other drones aimed at the ship, he said. His post on social media did not identify the ship or the time of the strike, but on Thursday the British military said a vessel was hit by a...

◇ unclassifiedchina · asia · usa

◇ unclassifiedgermany · europe · usa

Foreign trade: Trump threatens Europe with 100 percent tariffs because of digital taxes

The USA and the EU had actually agreed on a customs agreement. But President Trump is already threatening new taxes.

There’s a ‘Trump account’ hack that can unlock decades of wealth-building for your kid

“The only reason” to use these accounts is “if you’re planning to do the Roth strategy,” said one financial planner.

OpenAI limits new AI models to 'trusted partners' at request of U.S. government

OpenAI said it previewed the new models' capabilities with the government ahead of the launch.

Bosch: Hartung's four years have shaped Bosch more than the previous 20

Stefan Hartung is stepping down as CEO of Bosch. All of a sudden. What he leaves behind is worrying. A comment.

Victory in the glyphosate dispute: What now follows Bayer’s “liberation strike”.

The Supreme Court has ruled in favor of Bayer in an important ruling, which limits the legal risk for the DAX group. The troubled investors are happy. But there is still enough to do.

◇ unclassifiedgermany · europe · usa

+++ US customs policy +++: Trump threatens European countries with 100 percent tariffs because of digital taxes

EU MPs agree to implementation of US customs deal +++ Court: USA may continue to raise global tariffs for the time being +++ USA reaffirms tariff caps for EU and Japan +++ The news blog.

How Micron aims to break through the risk cycle that has spooked investors for decades

Also in Weekend Reads: Medicare and GLP-1s, tech stocks and career advice.

◇ unclassifiedusa · europe

Prime Minister Andy Burnham comes with defense and national security implications

Burnham will likely want to continue many aspects of Keir Starmer’s approach to defense and security policy, but with some key differences.

Discounted bond funds, especially at scandal-hit Wamco, may offer an investment opportunity

Professional investment advisers wear handcuffs when they manage clients’ money — but you don’t.

◇ unclassifiedusa · europe

101st soldiers use drones to drop grappling hooks, breach razor wire

The Army should treat drones like ammo, one officer said, estimating a brigade needs between 1,000 to 1,500 drones per week in sustained combat operations.

Digitalization in Germany: Our share in railway breakdowns

The railway is constantly experiencing breakdowns because digital projects fail. This also has to do with German skepticism towards digitalization.

◇ unclassifiedchina · asia · usa

Why the Trump-Xi relationship may be the weakest link in US-China ties

As the summit between Chinese President Xi Jinping and US President Donald Trump fades in the rear-view mirror, marked by anaemic deliverables, poor transparency and missed opportunities, analysts and former US officials point to another disappointment: the world’s most consequential relationship has become inordinately dependent on the two nations’ top leaders. Trump’s May China trip, the first by a US president in nearly a decade, produced vague and contradictory readouts, puffed up promises,.

◇ unclassifiedgermany · europe · iran

+++ Iran War +++: Trump: Iran broke ceasefire with attacks in the Strait of Hormuz

Israel is apparently calling on Lebanese to flee locally +++ Israel warns Iran of attack due to Lebanon conflict +++ Iranian authorities warn ships against deviating from routes +++ The news blog.

Canada and Japan Consider Joint Critical Mineral Projects to Counter China

Canada and Japan are considering cooperation in critical mineral projects and a potential plan of joint stockpiling of key metals as the two G7 economies look to reduce China’s outsized dominance in the market, Canada’s Minister of International Trade, Maninder Sidhu, told Reuters in an interview published on Friday. “We're offering Japan that avenue to do more with Canada in terms of critical minerals,” said Sidhu, who led a Canadian delegation on a visit to Japan. Japanese and Canadian compani

◇ unclassifiedgermany · europe · iran

Attack on cargo ship: Trump on Hormuz attack: Iran broke ceasefire

A ship is attacked in the Strait of Hormuz. For US President Trump it is clear who is behind it.

Brent Erases Iran War Premium as Hormuz Flows Show Signs of Recovery

Oil prices tumbled as markets bet Strait of Hormuz disruptions will ease, with Brent down 10% on the week and Middle East crude benchmarks slipping into contango. Friday, June 26, 2026 Whilst ship transits through the Strait of Hormuz remain a fraction of their previous norm (130-140 transits per day), plunging crude oil prices suggest the commodity markets anticipate that flows would start to recover sooner than later. The two Middle Eastern crude benchmarks, Dubai and Murban, have flipped into

EU Energy Minister: This is how Brussels wants to accelerate the expansion of the electricity grid

Faster approval procedures, more power for the Commission: This is intended to promote the expansion of the electricity networks and make the EU more independent of gas and oil.

Volkswagen: Audi wants to fight against the closure of the Neckarsulm plant

VW CEO Oliver Blume apparently wants to close the Audi factory in Neckarsulm as part of a massive savings program. There is resistance to this on the Audi board.

Minneapolis Fed President Neel Kashkari says he expects a rate hike this year

Kashkari said he sees a hike likely this year as the economy continues to feel the hit from spiking inflation.

Defense: After F-126-Aus: IG Metall demands Rheinmetall's participation in new frigate project

The union is calling on the marine company TKMS to involve the entire German shipyard industry in the construction of eight frigates for the Bundeswehr. Also the Rheinmetall subsidiary NVL.

Russia’s Fuel Crisis Is Pushing the Kremlin Toward Kazakhstan

Grappling with a severe shortage, Russia is seeking to purchase a significant volume of gasoline from neighboring Kazakhstan. Astana appears hesitant to fulfill the request, however, apparently concerned that doing so might entail consequences for the Central Asian nation’s own energy exports. The Reuters news agency first reported that Russian officials had approached Kazakh authorities seeking to obtain 50,000 tons of gas. Ukrainian drone attacks in recent months have devastated Russian refine