Finance news

To everyone who thinks right now is the worst possible time to invest

2008: "We're heading into a Great Depression." If you kept buying, the S&P returned 400%+ over the next 13 years. 2011: "The US credit rating just got downgraded for the first time in history." Market was up 30%+ within two years. 2015: "China is crashing and taking everything down with it." S&P hit net highs within months. 2016: "Brexit will destroy global markets." Then few months later: "Trump winning tank everything." Markets hit all-time highs after both. 2020: "COVID is going to end the ec

US Navy fears ballistic missile subs can be hit by drones, anti-tank rockets

The U.S. Navy is searching for better methods of protecting its missile subs, as well as the shore installations that support them.

Elon Musk’s Terafab could give a major boost to this corner of the chip sector

SpaceX could spend about $135 billion on wafer-fab equipment over the next five years, UBS said.

Election: Colombia's election winner stops handover of power after allegations of fraud

After the controversial election results in Colombia, the government transition has been suspended. Both sides make serious accusations against each other.

Oil Market Swings From Glut Fears to Hormuz Toll Concerns

Despite a lull in peace talks progress between Iran and the United States, analysts have once again started to talk about oversupply as tankers leave the Persian Gulf in greater numbers than the past three months. Importing nations are even being warned of a “wave” of crude coming their way. Meanwhile, some are preparing for a future where Hormuz passage tolls are part of oil price formation. The latest to warn about a glut of crude oil was the Wall Street Journal, following reports from other m

Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs

Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs

Wednesday’s Fed minutes will be revealing — but not in the way investors hope

Minutes of the Fed’s June meeting will give more insight on how new Fed Chair Kevin Warsh intends to run the central bank.

France: Le Pen wants to become president – ​​what are her chances?

Despite all the allegations, Marine Le Pen wants to run for president of France. What does that mean for the election? Could the right-wing nationalist party really win on the fourth attempt?

Colombia’s president-elect suspends transition after outgoing leader Petro’s fraud claims

Colombia’s president-elect Abelardo de la Espriella on Tuesday suspended the transition process with President Gustavo Petro and accused him of planning a coup to stay in power, after the outgoing leader refused to recognise results of the country’s election. Petro said on Monday that he refused to recognise de la Espriella’s victory in the June 21 presidential run-off election over the Petro coalition’s candidate Senator Ivan Cepeda, alleging fraud without providing evidence. The conservative,.

Best “audio” news source?

Basically title. I want something I can put in my headphones and listen to while I’m working to keep up with market news, sentiment, etc. Is just CNBC my best bet? What are some other good sources of info? Any good podcasters or similar that provide good information? submitted by /u/Swred1100 [link] [comments]

UK to join US Army’s PrSM program, buy $254M in long-range missiles

The planned buy is not designed to supplant work with Germany on a Deep Precision Strike weapon, the UK said.

NATO summit: Europe wants to make Trump merciful with arms deals

Can alliance loyalty be bought? First, the Europeans tried to impress the US President with higher defense spending. Now gun shops should take care of it.

Ongoing investment costs

What is a fair ongoing investment cost, at present I have a fund with BNP paribas with a 1.98% ongoing fee submitted by /u/SwoleAristotle [link] [comments]

KfW law: Can the federal government skim off the development bank's profits?

The Credit Union for Reconstruction is intended to make a contribution to plugging the budget holes. This would be a novelty for KfW. And the government may have to change a law to achieve this.

France: Marine Le Pen: Run in the 2027 presidential election

After months of speculation, it is clear: Marine Le Pen is running for the right-wing nationalists and wants to become France's next president. Can she win?

It can take as little as 5 minutes online to get prescribed a GLP-1 for weight loss. Why that’s risky.

The research suggests that these companies prioritize “quick prescriptions” over good care

Cardinal in Morocco steps back from duties after sexual assault claims

At least five women have accused the archbishop of Rabat of sexual assault, according to an Agence France-Presse investigation, prompting the Spanish-born cleric to announce he was “stepping back” on Tuesday while the Vatican holds an inquiry. Agence France-Presse interviewed a retired woman involved in the Church and reviewed the written testimony of another woman who said Cristobal Lopez Romero had sexually assaulted them. The 74-year-old archbishop denied all wrongdoing when contacted by...

Assault on Japan journalist may have link to China unity law: Taiwan VP

JAL weighs miles program upgrade to boost non-aviation businesses

Japan brokerages set sights on US mega-IPOs after strong SpaceX debut

Japan maglev plan paves way to ultra-fast link for $2tn 'megaregion'

Bridgestone's airless tires hit streets of Japan after nearly 2 decades

'Kioxia of today wouldn't exist' under Toshiba, Bain dealmaker says

Trump still ‘disappointed’ with Nato, says US should control Greenland as summit kicks off

US President Donald Trump doubled down on his criticism of Nato member states’ refusal to aid Washington’s military operation in the Middle East, while noting that his country would consider selling F-35 fighter jets to Turkey after years of deadlock. In his meeting with Turkish President Recep Tayyip Erdogan on Tuesday, the US president, who arrived in Ankara to attend this year’s Nato summit, said he was “very disappointed” with fellow Nato member states during Washington’s military operation.

Longevity: Mahjong in the pressure chamber: This is how China is working to extend life

A new market is emerging in China for high earners who want to slow down their aging. Longevity sounds like biotech and precision medicine, but so far in China it has primarily been a lifestyle.

Meta enters AI image model race in bid to court advertisers and subscribers

Meta has announced Muse Image, its first AI model for image creation, as it seeks to attract creators and advertisers to its offerings.

Kazakhstan Bets on Iran Port Despite Regional Tensions

Despite lingering tension between the United States and Iran, Kazakhstan is planning to build a terminal at the Iranian port of Bandar Abbas to facilitate exports. In comments made before a joint session of the Kazakh parliament in late June, Deputy Prime Minister Serik Zhumangarin said no state funds would be used in developing the planned facility, which will occupy roughly 15 hectares at the Iranian port. “The project will be implemented at the expense of private investment. As far as I know,

Pressure builds on Platner to drop out of Maine Senate race after sexual assault allegations

Platner has denied allegations of sexual assault leveled by Maine resident Jenny Racicot as calls for him to exit the pivotal race mount.

Bond traders are watching this tracker to figure out the real odds of Fed rate hikes

A Fed gauge of wage growth is due to be updated on Friday, followed by a June reading on consumer inflation next Tuesday.

General renovation: The Nuremberg-Regensburg route will not open until the end of July

There are once again delays in an important corridor renovation for Deutsche Bahn. This time it hits the Nuremberg-Regensburg route. The reason for this is the signal box technology.