Finance news

OPEC chief dismisses IEA supply glut forecast as 'critical' Strait of Hormuz reopens

The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.

The Navy’s next secretary has an urgent task: Make the public case

Today the US may have the political conditions necessary to build a larger Navy, but it lacks a publicly articulated maritime strategy, argues naval veteran Bruce Stubbs.

Hitachi Energy to buy Canadian transformer materials supplier Canduct

Renesas buys US chip design startup Pictorus, bolstering software business

Alibaba's cloud arm opens 5th Japan data center, adding new AI services

Labor market: Five managers talk about their job search – and how they managed it

In no other group is unemployment rising as sharply as among managers. The job search becomes a race against time. How can he be won?

Job search as a manager: This tool asks about your situation - and gives concrete tips for the job search

Answer a few questions and get a to-do list for your next career step as a manager.

AI for intelligence services: Where does artificial intelligence help the military, Ms. Probasco?

Emelia Probasco is an expert in artificial intelligence in the military. In the interview she talks about possible applications - and who predicts a “kind of robot ruler”.

Bonkers SpaceX stats that show how staggering the money movement has been

SpaceX's first few days of trading have been filled with superlatives, from trading volume to the size of the company's first acquisition.

DXYZ for exposure to Pre-IPO Anthropic

I expect DXYZ to produce some serious gains prior to the Anthropic IPO announcement date. Very similar to the setup leading to the SpaceX IPO (over 100% from lows to SpaceX IPO date announcement), it gives small retail investors a chance to make some profit on a pre-IPO giant. DXYZ is currently at its 52-week low, making an entry point attractive for this particular short term play. The three biggest risks I see right now are recent headwinds for Anthropic, volatility of SpaceX, and the way this

Defense: The “era of free riding” is coming to an end – USA is reducing its NATO presence

US Defense Minister Hegseth puts pressure on his NATO counterparts at the meeting in Brussels. Europeans are ready to take on more responsibility. But is there enough time?

No call with Taiwan, no new arms sales: how Trump is preparing to welcome Xi

US President Donald Trump is not expected to have a phone call with Taiwanese leader Lai Ching-te any time soon, despite saying earlier that he would be open to speaking with the person “running” the island. Two people familiar with the matter said there had been no movement towards arranging such a conversation, which was reliant on the American leader’s willingness to take the initiative. Three other sources said the US believed that a call with Lai could derail an expected summit with Chinese

Federal Reserve Board issues enforcement action with former employee of Manufacturers and Traders Trust Company

Federal Reserve Board issues enforcement action with former employee of Manufacturers and Traders Trust Company

Why the Moment for a Deal Could Not Be Better for Iran

Iran does not need a deal right now because its military or political room for manoeuvre has narrowed. It needs one because the crisis has turned oil (Tehran’s most important economic weapon) into a problematic asset. For years, Iran’s export model survived sanctions by leaning on China, discounted barrels, ship-to-ship transfers, and a shadow logistics chain running from Kharg Island to Malaysia, Singapore and China’s independent refining system. The crisis in the Strait of Hormuz has not destr

Trump bid to fire Fed's Lisa Cook cost her more than $1M in legal, security costs: Filing

A financial disclosure from Federal Reserve Governor Lisa Cook details large legal and security expenses

Tycoon Gordon Wu says he’s very optimistic about China due to its ‘stability’

Hong Kong property tycoon Gordon Wu Ying-sheung has said he is “very optimistic about the future of China” due to its “stability” as he received the Game Changer Award from the Asia Society for his contributions to the country’s development. At a fireside chat on Thursday after receiving the award from the city leader, the 90-year-old founder and chairman of Hopewell Holdings said he has been betting on China since its opening up in 1978 and had remained confident. “I am very optimistic about...

‘I’ll probably be working until I die’: I’m 60, work as a waiter and have $2,000 in a Roth IRA. What will happen to me?

“I’m afraid I’m in a bad place.”

The sights of Eurosatory 2026, from the show floor

Check out a selection of photos from one of Europe’s biggest defense conferences.

+++ Ukraine War +++: EU extends Russia sanctions by twelve months for the first time

Ukrainian drones hit large oil refinery in Moscow +++ Ukraine and Germany agree on cooperation on missile defense +++ Zelenskyj threatens attacks on Moscow +++ The news blog.

+++ Ukraine War +++: Ukrainian drones hit large oil refinery in Moscow

Ukraine and Germany agree on cooperation on missile defense +++ Zelenskyj threatens attacks on Moscow +++ Russia: Europeans influenced Trump at the G7 summit +++ The news blog.

My husband died when I was 38, leaving me with four kids who each received Social Security. I’m now 60. When do I claim?

“I have called and asked the Social Security Administration multiple times over the past couple of years.”

Popular video game: Pre-orders for the next “GTA” game start on June 25th

There is hardly a video game that fans are as excited about as Grand Theft Auto VI. After delays, you can pre-order it from June 25th. This means that it will probably be released in November.

Iran War: Hormuz mission is getting closer – key role for Germany?

The Strait of Hormuz is supposed to reopen, but mines are endangering passage. The Bundeswehr's expertise should help with the evacuation - but deployment depends on many factors.

Reform: Coalition postpones vote on health savings package

An austerity law is to be introduced to curb rising health care costs. The Union and the SPD now need a little more time.

Trump’s Iran agreement changes the game for investors. These are the two sectors to buy right now.

Hyperventilating experts were wrong about the Iran war. The end of the conflict is a massive buy signal for stocks.

SpaceX is vastly more expensive than any stock in the S&P 500, fueled by ‘FOMO’ mentality

Billions of dollars have flowed into SpaceX ETFs as retail investors look past conventional valuations.

Wall Street: Interest rates, doubts, confidence – how much optimism is there on Wall Street?

Can you trust the AI ​​rally? A portfolio manager explains how investors can navigate this complex environment.

Child recruitment persists despite SDF-Damascus integration agreement - The Revolutionary Youth Movement and Syrian Democratic Forces continue to recruit minors in northeastern Syria, despite past commitments and an integration agreement with Damascus.

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Economy: Ifo lowers growth forecast for 2027

The economic institute continues to expect growth of 0.8 percent for the current year. An easing of tensions in Iran could reach companies by the end of the year, says Ifo boss Fuest. The Ifo is still more pessimistic about 2027 than before.

A billion-dollar server company just lost more than 40% of its value following a short-seller report

Shares in the French technology company slumped after Grizzly Research made allegations of a “fraudulent structure” in the U.S.