Finance news

AI Boom or Political Play? Trump Channels Defense Funds Into Dying Coal Plants

The Trump administration is set to channel nearly $700 million in federal funds into the U.S. coal industry Thursday, invoking a Korean War-era statute to prop up existing power plants, finance new construction, and push open a California export terminal that has been blocked for nearly two decades. The centerpiece is $425 million distributed under the Defense Production Act to 13 existing coal plants across West Virginia, Kentucky, North Carolina, Indiana, Tennessee, Arkansas, Arizona, Oklahoma

Direct debit chargeback

As is well known, you can simply reverse a SPEA direct debit for up to 8 weeks without giving any reason. But what happens when the account that was debited doesn't have enough funds? So the money is now elsewhere. Does one of the banks involved have to step in first? Are there any mechanisms that initially block the money in the event of a chargeback? Are there any bank employees here who have experience with this? submitted by /u/Educational_Bee_62

For everyone who finds TR's telephone service funny: TR reports when you are not on the phone with them and asks a few more questions if you want to send money during the call. (So ​​bonuses my gigantic portfolio)

submitted by /u/NEC_Meliodas [link] [comments]

Here are 3 forces that drove a whirlwind week for the stock market

An avalanche of selling on Friday crushed stocks. It was a dramatic reversal from record highs earlier in the week.

World Cup: Where are the football tourists?

FIFA is hailing the upcoming World Cup as an economic blessing for the host countries. However, the hotel industry has so far been disillusioned - and blames the US President for this.

Counterparty risk assumptions

I'm a big believer in value investing and Warren Buffett's ideas of buying companies for less than what they're worth. But here's the part that I could never wrap my head around... Let's say a company's "intrinsic value" is $200 per share, but the stock price is $100/share. Ok, so that's a good buy then, you're buying "a dollar for fifty cents", as Buffett puts it. But, in order to make money, the PRICE needs to go up, because you need to sell it. You only own a tiny fraction of the company, so

So the market s* a brick Friday and it is pretty much cricket sounds on the news?

-4% intraday, closing at -2.6%. Just about every time I have seen that before the news turns into an episode of Bikini bottom freaking out over one crisis or another. I don't freakout, but I still find it odd that it barely registered on the main stream media. submitted by /u/Unlucky-Clock5230 [link] [comments]

Real estate: data center, no thanks? – Why citizens rebel against future technology

Germany needs data centers for cloud and AI. But many communities are having difficulty with the projects. A conflict in the Main Valley in Hesse shows what brings residents to the barricades.

Is it reasonable/normal to verify a call from a money transfer service before discussing account information by asking to either switch to email or by me going and calling the official number to verify the request?

For example, would it be normal to either: Ask if the matter can be handled by email instead, or End the call and contact the company myself using the official customer service number to verify that the request is genuine. Would customer service representatives generally see this as a normal security precaution, or would it be viewed as unusual or problematic? submitted by /u/JohanKasper [link] [comments]

Election campaign in East Germany: Merz on the modernization of Germany: “We can do it”

Will the black-red coalition achieve the necessary reforms? Chancellor Merz is optimistic. One sentence grabs attention.

So that's how you make money.

submitted by /u/Muted-Strawberry7147 [link] [comments]

Subaru weighs selling US-made Ascent SUV in Japan

US strikes Iranian sites after Iran launches drones, in latest Gulf flare-up

U.S. forces struck Iranian coastal radar sites on Saturday after shooting down drones launched by Iran toward the Strait of Hormuz, the U.S. military said.

In D-Day speech, Hegseth urges Europe to counter ‘invasion’ of migrants

US Defence Secretary Pete Hegseth on Saturday urged Europe to counter what he termed an “invasion” of its coastline by migration, as he marked the 82nd anniversary of the World War II D-Day landings in northern France. Hegseth also called on European countries to do more to contribute to their defence, in a speech at the American military cemetery in Colleville-sur-mer in Normandy. He was however conspicuously set to skip the main international ceremony marking the anniversary of the landings,..

Patrick Boyle on the New Zealand housing Bubble and Burst

[edit: patrick boyle is currently a professor at a university in the UK. He used to be a trader, his youtube channel is quite entertaining] https://www.youtube.com/watch?v=qROG2uXPChY Patrick Boyle uses New Zealand’s housing bust as the warning example here. At the peak, an Auckland “dunger” sold for NZ$1.81m, and average Auckland homes were around 35x median income. Since then, prices have dropped hard, recent buyers are stuck in negative equity, and a bunch of construction firms have gone unde

Leading jewelry and watch retailer: The jewelry market is changing, Christ is winning

Germany's largest jewelry chain Christ is taking advantage of the market shakeout. Now a strategy tried and tested in supermarkets is taking margins to a new level.

Gamechanger: Generate climate fuel cheaply and efficiently in the laboratory

Ideas that change and improve our world. We introduce them. This time: A catalyst for cheap, synthetic eco-gasoline.

Vision of the future: The world of tomorrow: pine trees everywhere, the train without a timetable

The year is 2050: climate change is progressing, the trains are still not on time. And otherwise?

Friedrich Merz: Coalition has enough strength for comprehensive reforms

Despite heated debates about care, health and pensions, the Chancellor was demonstratively confident at the CDU state party conference. There is criticism for the coalition partner SPD.

What are your thoughts on AI bubble, is it real or not?

- What is your opinion on the AI bubble? - If AI is really a bubble, why hasn't it burst already, especially after many of the industry's challenges and limitations became widely known? - Why does the market continue to invest so heavily in it? -:Do you think these massive investments will ultimately be justified? - For example, data centers may remain useful for many years, but what about the hardware and equipment inside them? - Will they generate enough profit before they need to be replaced

The U.S. stock market is facing historic downside risk — these 10 low-volatility stocks can protect your portfolio

Low-volatility stocks give investors a smoother ride — and they are beating the market on a risk-adjusted basis.

How China is working to turn Saishiteng Mountain into the world’s largest astronomy base

Construction on the Tibetan plateau of some of the Earth’s most powerful optical telescopes is putting China on track to house the world’s biggest astronomy base by the mid-2030s, according to project scientists. Deng Licai, lead scientist for site planning at the National Astronomical Observatories of China (NAOC) in Beijing, said the telescopes at Saishiteng Mountain in northwestern Qinghai province would stretch between 6.5 metres (21.3 feet) and 14.5 metres across, and partner with dozens of

Fresh start 29M

hi all, i want to get into habit of saving money and eventually investing my income . I have never been able to save money or do investing seriously before, didnt have in my family nor the opportunities, will cut short the sob parts. Situation is full time employed with a non essential industry job. Earn minimum 2500 net to 2900 net monthly. Rent is currently 1100€ Sharp. My bills dont exceed 100€ a month. My food cost is around 250 to 350 a month because i dont buy bulk. No debts, no car and ot

The blowout jobs report is bad news for stocks — but it shouldn’t force the Fed’s hand on interest rates

Rate hikes now will choke off the critical investments needed to lower prices.

How my parents introduced us to finances with a piece of paper in the kitchen cupboard

Inspired by today's post by u/Cute-Voice-4710 [here] on the topic of children's savings accounts, I wanted to briefly share how my parents introduced us to the topic of finance and saving. We basically had two building blocks. The first was quite classic: My parents always saved for us children, back then in fixed-term deposits. Money from relatives for occasions such as communion and confirmation also flowed into these savings accounts. It was there and was created for us. The much more important building

Pope Leo urges end to ‘polarising narratives’ on Spain visit

Pope Leo on Saturday urged global leaders to avoid dividing their electorates with “sterile simplifications” to gain popularity and called on them to listen to the world’s cries for peace, in a forceful speech opening a week-long tour of Spain. Leo, who has angered US President Donald Trump by criticising his anti-immigration policies and the Iran war, will meet homeless people in Madrid and migrants in the Canary Islands during a visit he has said he hopes will set an example to the world about

Federal police: 50,000 unauthorized entries detected since May 2025

Over 36,000 rejections, around 1,400 smugglers arrested. What the federal police registered in a year of border control.

Chinese EVs may hit U.S. within a few years, one way or another

Chinese electric vehicles are likely to be sold in the U.S. within years, despite tariffs, strict laws and opposition from the auto industry and politicians.

Remote work career risks for Gen Z are 'subtle, but material,' Harvard professor says: How to avoid the pitfalls

Forgoing the office can have detrimental "scarring" impacts on young workers. Here's how to navigate the benefits and drawbacks of remote work.

Bitcoin is cratering, but a new Wall Street crypto hype is on the rise

As bitcoin dropped to its lowest price since 2024, investors flock to a new type of crypto investment linked to the hyperliquid platforms, HYPE ETFs.