Finance news

Airlines: EU agrees on new rights for passengers

Free seats for families, more price transparency, obligation to pay compensation: the member states have defined new air passenger rights.

18m with $30k saved I want a realistic 10 year path to 6-10k a month semi passive

For background I’m 18 in highschool graduating next year. I got inheritance from my mom 30k about, I want to have a main career for. Roughly… 10 years while I work on my wealth growth engine during that period. I want to do business for 2 years basic college nothing fancy got it paid for because I’m technically an orphan. Then a basic job to keep me afloat while I grow towards the life I want. I’m thinking after building credit and saving from the main job. I use that as leverage to get a loan t

Armament: Armaments company KNDS presents main battle tanks for France

Germany and France want to build a joint tank. But initially France is relying on a KNDS model.

DARPA seeks industry ideas for ‘rapid reconstitution’ of space systems

The RFI tags on-orbit manufacture/ assembly as one area of interest, along with enabling tech for very low Earth orbit operations.

US judge dismisses Elon Musk’s xAI trade secret lawsuit against OpenAI

A federal judge on Monday dismissed a lawsuit by Elon Musk’s artificial intelligence company, xAI, that accused rival Sam Altman’s OpenAI of stealing ‌trade secrets for chatbots. US District Judge Rita Lin in San Francisco, California, said xAI failed to show that OpenAI induced former xAI senior engineer Xuechen Li, a Chinese national, to divulge confidential information related to its Grok chatbot, or that OpenAI engineers knew Li might have disclosed any. Lin ‌dismissed the case with...

+++ Football World Cup 2026 +++: After controversial gesture – video referee protests innocence

Protests before Iran's first World Cup game +++ Uruguay with a stuttering start at the World Cup +++ Thanks to goalkeeper Courtois: Belgium saves a point against Egypt +++ The World Cup news blog.

Japan's Terra Drone to buy 2 Ukrainian drone makers in global push

JX Advanced Metals to raise optical chip wafer capacity for AI data centers

Japan, UK and Italy draw closer to next stage of fighter jet program

Japan weighs minesweeping, escort operations in Strait of Hormuz

Tokyo startup to pitch neural-linked rehab abroad with fresh funds

Stock market: Chip supplier Siltronic wants to raise fresh capital

Wafer manufacturer Siltronic wants to place three million new shares with institutional investors. The stock has almost doubled since the end of March.

The Case Against Government Buying Into the AI Giants

When Bernie Sanders and Donald Trump agree on something, that agreement deserves examination. Both are touting the idea that the federal government should have an ownership stake in major artificial intelligence (AI) companies. For Sanders, this would be a way for the American people to share in the wealth generated by AI companies that those companies accumulated through the theft of other people's writing, artworks, photos, videos, and recordings. And it would give the government a seat at the

I’m spending $170,000 to upgrade my home for my aging parents. Can I get tax breaks?

“Given that at least half of the remodeling cost is to accommodate my disabled mother, I’m wondering if some of this may be tax deductible.”

Military: France's successor to the Leclerc: KNDS presents Capint main battle tank

The new tank is intended to strengthen France's army. Defense Minister Vautrin justifies the interim solution with delays in the German-French tank project MGCS.

Foreign Minister in Luxembourg: EU begins accession negotiations with Ukraine

After a forced break of two years, the process of Ukraine's accession to the EU is moving again. There is a lot at stake for the parties - also because of the ongoing Russian war.

Things are lining up in favor of the market bulls. How to proceed from here

Oil and bond yields are falling on U.S.-Iran optimism, and the market cleared the SpaceX hurdle.

+++ Ukraine War +++: EU begins accession negotiations with Ukraine

Merz: “Window for diplomacy” can open +++ Russian exile party calls for withdrawal from Ukraine +++ Russia denies attack on cave monastery +++ The news blog.

As demand rises, Embraer readies for greater Gripen workshare

While Embraer is partnered with Saab to manufacture the Swedish jet, Embraer CEO Francisco Gomes Neto said the fighter market “is not a place that we want to go to,” adding that the company is “studying other segments first.”

Hungarian parliament rules out Orban return with 8-year limit for prime ministers

Hungary’s parliament approved a ⁠constitutional amendment ⁠on Monday that ⁠allows prime ministers to serve for a maximum of eight years, effectively barring former premier Viktor Orban from holding the role ‌again. Prime Minister Peter Magyar ousted Orban in an election in April after 16 years, gaining a two-thirds majority in parliament that allows his party to roll back or change legislation passed ⁠by Orban’s Fidesz, including the constitution. The amendment was a key campaign promise of...

German-French dispute: The battle for the tank of the future is coming to a head

The German-French fighter plane is history. There are different concepts not only in the air, but also on the ground. Ideas on central arms issues diverge.

European Gas Prices Tumble 6% On US-Iran Peace Deal

European natural gas prices plummeted by roughly 6% following the announcement of a landmark US-Iran framework agreement, with the breakthrough significantly easing market anxiety over prolonged energy disruptions. The U.S. and Iran have reached a preliminary peace framework to end the war, with the Memorandum of Understanding (MoU) scheduled to be signed on June 19, 2026, in Switzerland. Dutch TTF Natural Gas Futures were trading at €43.60/MWh on Monday, the lowest level in five weeks, while th

Trump Threatens France With 100% Tariff on Champagne and Other Wines if Tech Tax Isn’t Removed

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Wall Street: US stock exchanges are clearly up after the Iran deal - Dow Jones reaches record

The signed framework agreement between the USA and Iran is brightening the mood on the stock markets. But there is no all-clear when it comes to inflation. The Fed meets on Wednesday.

Social Security’s woes are well known, but Medicare is also facing a fiscal crisis — in just 7 years

Medicare Part A, which pays for inpatient hospital stays, would see an 11% payment cut.

+++ Iran War +++: Trump: USA and Iran have signed a declaration of intent - Strait of Hormuz is open

USA: Israel's withdrawal from Lebanon not a condition for Iran pact +++ Trump: Oil tankers leave Strait of Hormuz +++ Vance: US troops possible if Iranian nuclear stockpiles are checked +++ The news blog.

Iran War: Why the test in the Persian Gulf is just beginning

Trump celebrates a diplomatic deal with Tehran. The Europeans remain cautious. They fear that the most difficult phase of negotiations is still to come.

Trump to hold political rally on July 4 to mark US 250th anniversary

US President Donald Trump announced plans on Monday for a major “rally” in Washington on the July 4 Independence Day, further imposing his political brand on celebrations of the United States’ 250th anniversary. The announcement comes a day after the Republican billionaire staged a mixed martial arts fight on the White House lawn – on what just happened to be his 80th birthday – with military honour guards and Air Force flyovers. Trump had previously posted that another event on June 24 would be

Ukraine’s New Refinery Tactic Is Fueling Russia’s Gasoline Crisis

Russia’s deputy prime minister kept walking but couldn't shake off a gaggle of reporters with questions about the country’s growing fuel crisis. Aleksandr Novak admitted oil production had fallen due to “unscheduled maintenance” at refineries but avoided saying why it was needed. That was June 4. Come June 9, the Energy Ministry issued a statement that nailed it. “Companies in the fuel and energy sector have encountered an increase in enemy air attacks, leading to temporary complications in supp

Ewe-Tel agreement with Telefónica: Peace on the mobile communications market? Not at all!

After years of struggle, the provider Ewe finds a mobile network from Telefónica. But the dispute over the power of network operators continues.