Finance news

◇ unclassifiedusa · europe · russia

Ukraine hits Moscow refinery in major drone attack on Russian capital

Ukrainian drones hit the Russian capital’s oil refinery for the second time this week.

Coalition and reforms: Pension Commission agrees on 30 reform proposals

It is one of the most important steps on the way to the reform package: the pension commission report is ready. Overall, the members agree, but there are differences on individual points.

◇ unclassifiedgermany · europe · usa

EU summit: “Speak quietly and keep the stick ready”: How the EU is preparing for a showdown with China

At the EU summit, heads of government are devising a plan to defend European industry against the Chinese export glut. Germany plays a key role in this.

Social◇ unclassifiedusa · europe

The $4 trillion liquidity drain

In March Nasdaq changed how companies enter the Nasdaq 100. Before, you needed 3 to 12 months seasoning and a 10% public float. Now its 15 trading days if youre top 40 by market cap, with no float requirement and no seasoning. SpaceX listed with a 4% free float, meaning almost no supply, yet an estiamted 22 to 27 billion in forced passive buying hit immediately. The same mechanics apply to OpenAI and Anthropic. These three companies are targeting 200 billion plus in a six month window. The entir

Weekly instead of daily limit: Will Bas cancel the reform of working time rules?

The Union and SPD are planning more flexible working time rules – says the coalition agreement. Now there is trouble: A draft from the Ministry of Labor provides for stricter requirements. Employers are horrified.

◇ unclassifiedchina · asia · europe

Bruce Springsteen, Bono and Stevie Wonder to help the Obamas open presidential museum

Former US president Barack Obama is getting a little help from his friends, including three former presidents, in celebrating the opening of his presidential museum in Chicago. The guest list for Thursday’s dedication ceremony includes Bruce Springsteen, Stevie Wonder, Christina Aguilera and Bono. Obama and former first lady Michelle Obama posed for pictures before the ceremony with former presidents Joe Biden, George W. Bush and Bill Clinton along with former first ladies Jill Biden, Laura Bush

29d06/18⚠ shipping-routes · 2/5

High Tanker Rates Disrupt Persian Gulf Oil Shipments to Asia

The biggest state-owned refiners in China and India have failed to procure supertankers to load crude from the Persian Gulf later in June as tanker rates are too high and guarantees on safe passage through the Strait of Hormuz lacking, Reuters reported on Thursday, quoting company and shipping sources. In the past few days, energy giant PetroChina has received six offers in a tender to procure a very large crude carrier (VLCC) to load Basrah crude from Iraq. PetroChina did not like any of the of

◇ unclassifiedmiddle-east · russia · usa

◇ unclassifiedusa · europe · korea

Embraer ramping KC-390 production, plans Czech, Uzbek, Korean deliveries this year

At some point, company officials will need to discuss the fate of a separate production line for the A-29 Super Tucano in Jacksonville, Fla., but “[t]hat time has not come yet,” said Embraer’s Marcio Monteiro.

◇ unclassifiedgermany · europe · norway

+++ Soccer World Cup 2026 +++: The only female World Cup referee will whistle her first game

Qatar invites thousands of fans to the World Cup in Vancouver at state expense +++ Celebrations over Haaland goals make the earth tremble in Norway +++ The World Cup news blog.

Social◇ unclassifiedsocial-signal

To those who held on to multiple baggers

To those who hit multibaggers like Tesla, Nvidia, maybe not Micron or very recent gainers. What kept you holding on to your gains? Especially folks that held onto Tesla when everyone ridiculed them, big names shorting and the list goes on... What did you buy? Are they life changing gains? Still holding / Partially sold / All sold? Any tips for folks that maybe holding multibaggers now but first timers fighting through these headlines all the time. submitted by /u/asherbuilds [link] [comments]

These stocks are in trouble now that Kevin Warsh removed the market’s guardrails

The new Fed chief is ditching the central bank’s playbook — leaving your portfolio flying blind.

◇ unclassifiedusa

◇ unclassifiedusa · europe

Dwindling stockpiles of solid rocket motors highlight industrial base challenges

Supply shortages, damaged radars raise concerns about air and missile defense.

Social◇ unclassifiedsocial-signal

Honda joins with Quantumscape QS

Honda joins with Quantumscape QS The agreement follows Honda’s successful completion of a technology evaluation agreement with QS, which included an in-depth, hands-on technical study of QS’s solid-state technology platform as well as competitive benchmarking across a range of standard technical tests. submitted by /u/MedicineCareful5702 [link] [comments]

Because of rules on alcohol sales: Lidl opens the first pub in Northern Ireland

Pub in blue, yellow and red: It remains to be seen whether the discounter charm will catch on with the Northern Irish. The history of the first Lidl pub is certainly curious.

Fed Chair Kevin Warsh wants to get inflation under control. That could be bad news for home buyers seeking lower mortgage rates.

The Federal Reserve is in a “new era,” but home buyers are facing the same old affordability challenges.

◇ unclassifiedusa

◇ unclassifiedgermany · europe · usa

Trump Watch: But not a puppet: New Fed chief Kevin Warsh risks conflict with Trump – with Volker Wieland

The new head of the US Federal Reserve makes it clear that his main aim is to reduce inflation to two percent. Donald Trump reacts with disappointment. The hosts discuss Warsh's course and its challenges in the US economy with ex-Fed economist Volker Wieland.

◇ unclassifiedmiddle-east · russia · usa

The AI Spending Boom Is Creating a Depreciation Time Bomb

The eye-watering capital expenditure plans of Big Tech has been one of the year’s biggest stories. Google, Meta, Amazon, and Microsoft have all splurged to secure a podium spot in the race to build out the infrastructure that will run the artificial intelligence (AI) revolution. Total capex by these four firms is expected to reach $750bn (£560bn) this year, around half the annual spending of the entire UK government. It is much higher than this high-tech quartet has budgeted for before. And it i

Apple's upcoming price hikes are good for the company not so good for consumers

Apple is throwing in the towel, facing down soaring memory and storage chip costs.

◇ unclassifiedusa

Social◇ unclassifiedeurope · usa

I'm looking to move parts of my future earnings in safer asset(s), for the purpose of preserving wealth. I'm seeing the wisdom of the crowds.

I don't know what the markets will do in a week let alone in a year or 5 years from now. I don't want to this conversation to turn into a "you don't know what you don't know" type of affair. Assume for the sake of discussion that the market will take a turn for the worse in 3 to 5 years. I work in IT, as a lot of people on reddit do. I'm almost 40. The job market is pretty bad right now and I don't feel confident that I can secure another job in less than 6 months if for some reason I get laid o

◇ unclassifiedgermany · europe · uk

Car manufacturer: “VW must not perish because of its own complexity”

At the general meeting, shareholders vent their anger about the car company's crisis. It's about conflicts of interest, nested structures - and getting into the arms business.

29d06/18⚠ war-conflict · 2/5

Brand Award 2026: How the Bundeswehr is recruiting the next generation of soldiers

The Bundeswehr is missing tens of thousands of soldiers. She wants to win over young people with authentic videos on TikTok, YouTube and Co. Can that succeed?

Reform: Coalition postpones vote on health savings package

Ever-increasing billions in health care costs should be brought under control. Things are now getting serious for an austerity law. The planned cuts are not popular - with exceptions.

◇ unclassifiedusa · europe

Rheinmetall, Vantor plan joint ISR venture for Bundeswehr

The memorandum of understanding with Vantor marks the third partnership Rheinmetall has signed in recent months in the military space domain.

Perfumery chain: Douglas cuts forecasts again

Douglas can currently only convince its customers with bargains. What conclusions the company draws from this.

◇ unclassifiedusa · iran · israel

Gas prices fall below $4 per gallon as oil supply fears ease after Iran deal

Gas prices are still 30% higher compared with what drivers paid before the U.S. and Israel attacked Iran on Feb. 28.

◇ unclassifiedmiddle-east · russia · usa

India's Pump Prices Stuck Even As Global Crude Crashes

India’s fuel prices will remain elevated for some time despite the declining international crude prices, according to India’s Union Minister of State for Petroleum and Natural Gas, Suresh Gopi. Indian drivers will not see immediate relief at the pump as fuel retailers will need time before starting selling cheaper diesel and gasoline, Gopi said on Thursday, as quoted by Indian media. There will be a lag between the current slide in international crude oil prices and the refiners and retailers ob

Rockstar Games: Pre-orders for GTA VI possible in a few days

GTA VI could set new standards in the video game industry. Rockstar Games is now announcing that the game will be available for pre-order in a few days.

Social◇ unclassifiedgermany · europe

In your opinion, is financial advancement still realistic today?

Mini-pension despite lifelong work and countless part-time jobs alongside your high school diploma: In your opinion, is financial advancement still realistic today? For our documentary "Should You Stay Poor? The Fate of Origin" we spoke to star chef Tim Raue, who was born poor and now owns several restaurants. We accompany a pensioner who wants to be buried anonymously for cost reasons. And we meet the student Can, who does several part-time jobs and is studying for his Abitur at the same time. Our conclusion: A

Social◇ unclassifiedsocial-signal

Tax auctions/sales Deed states IL?

Hello I am looking into moving to Illinois southern IL specifically Carbondale, Springfield, Decatur areas. I would like to know more about sales of Deeds. I see a lot of homes rent to own in that area I can only assume because it’s a Deed state that this is how these sellers acquire these cheap properties and then rent them to own in as is conditions. Any info on deed sales ? submitted by /u/Dangerous-Sun2777 [link] [comments]