Finance news

Is there a recession plan?

I always read posts about growing wealth but I've been wondering what everyone's plan is to make it through the tough times. There are several things to factor in : your family (kids), mortgage, daily costs, job loss, mental health, etc. Are you supposed to have only 6 months' salary saved? It should have more potential, but what else should you be thinking about, as in bonus steps? - Is it a good time to hop countries (either for cheaper property and/or job if the offer is good enough)? - Eurib

Ukraine war: “Impudent letter”: Putin rejects meeting with Zelensky

The Russian President reiterates the goal of conquering Donbass. At the same time, he admits economic problems - and attacks the Europeans.

Will you be audited by Trump’s IRS? New data says there’s one group that can breathe a lot easier.

A new report out Friday reflects IRS audit activity and other operations at the start of the second Trump presidency.

United Nations: Merz: Germany is applying for the UN Security Council in 2035/36

Germany failed miserably on Wednesday in its candidacy for the powerful United Nations Security Council. After a short period of reflection, the Chancellor announces how things should proceed.

Crypto mutiny on Strategy: Shorts target 'MSTR' in bitcoin bloodbath

Flows around Strategy (MSTR) and the company's variable-rate preferred stock STRC are turning bearish this week.

The Fed may already be too late in hiking interest rates — which is bad news for these borrowers

Friday’s strong jobs report could soon feel like a double-edged sword for borrowers struggling to keep up with inflation and their bills.

First AI-designed ‘universal vaccine’ tested in humans

A vaccine targeting a broad range of viruses that was designed using artificial intelligence had a “modest” effect on immune systems in a small, early trial, according to a new study. The trial marks the first time a vaccine whose active ingredient was entirely designed by AI has been tested in humans, researchers at the University of Cambridge in the UK said on Friday. The experimental jab is intended to be a “universal vaccine” which protects people against a range of viruses that have...

More Japan food, daily goods makers eye price hikes as Iran war takes toll

Wall Street young guns' $2bn AI unicorn aims to upend work culture

Hitachi and Intel team up to optimize chip production with AI

Toyota to debut superconducting hydrogen car in 24-hour endurance race

Japan's farmer-backed ruling party to support trade talks with Mercosur

SpaceX: German investors can also take part in the record IPO

Next Friday is the largest IPO of all time on the Nasdaq technology exchange. Typically, German private investors cannot participate. But this time it's different.

AI may be killing some high-tech jobs, but it’s also creating others. See who’s winning and losing.

Artificial intelligence might terminate lots of jobs one day, especially in high tech, but there’s little evidence AI is already causing widespread layoffs.

Trump wants Bill Pulte to fire big chunk of national intelligence office staff: WSJ

President Trump's comments are sure to roil members of Congress who criticized the appointment of Bill Pulte as acting national intelligence director.

Regional Leaders Back Taliban Trade Ties While EU Holds the Line

Top level officials from Central and South Asia convened in Tashkent on June 4 to discuss regional trade and connectivity under a format known as the Termez Dialogue. Participants were unanimous in seeing a strategic need to weave Afghanistan into regional trade networks, but discussion on specific tactics to achieve that aim did not feature prominently at the gathering. For Central Asian states, the shortest route to a seaport runs through Afghanistan. But there are broader reasons for deepenin

Migration policy: US court: Stopping immigration applications unlawful

After shots were fired at two National Guardsmen, US President Trump is tightening his immigration policy. Processing of applications for green cards and asylum is suspended. But was it all legal?

This credit-card pointsmaxxer booked a $16,000 first-class Emirates flight for $400 — and you can, too

It’s trickier to find good deals with airline miles, but it’s still possible to get “insane value.”

If youre a long term investor avoid this summers space -nuclear- quantum pump

If you strip away the narrative and hype and look at the brutal economic reality, you realize these sectors have foundational financial flaws that most of reddit hasn’t really taken into account. The core issue plaguing space, and nuclear is their inescapable reliance on hardware, which means low profit margins and scaling problems. Space requires astronomical capital where a single deployment failure wipes out millions in seconds . For nuclear to really work you need to get to 100 SMRs per year

Depot for the child - how, what, where?

Hi, I would like to open a win depot for my 3-day-old son, I was thinking about ING because I'm there too. I planned to present €1000 once and then €100 every month via a savings plan. Any suggestions regarding brokers or ETFs? Or does it work with a Junior Depot and then MSCI All World, for example? submitted by /u/Aldi_Kunde_ [link] [comments]

A message from Normandy, 82 years later

In remembrance of eight U.S. service members who received the Congressional Medal of Honor for their actions during the D-Day assault and the Normandy campaign that followed.

Buying a house without significant equity?

Good evening everyone, I need an assessment about buying a house. It was always a big wish, but due to the crazy prices in the area we pretty much ruled it out for ourselves. Now our dream house is being sold in our town and the thoughts are there. About our finances: - 28 and 34 years old, both civil servants - Dzt. I have 2500€ net, from October after increasing my working hours and moving up the level I will be at 3000€. My husband has a basic salary of €3100, earned through

SPR Borrowers Owe Uncle Sam 40 Million Extra Barrels

The US Strategic Petroleum Reserve has taken a beating during the Iran war, but Energy Secretary Chris Wright says the government's emergency oil stash is headed for a surprisingly lucrative refill. Companies that borrowed crude from the SPR during the conflict will return those barrels with premiums attached, leaving the reserve about 40 million barrels larger than it would have been otherwise once the war ends, Wright said Friday. For an oil market accustomed to hearing about SPR drawdowns, em

US judge strikes down Trump policies targeting immigrants from 39 countries

President Donald ⁠Trump’s administration unlawfully barred applicants from ⁠39 travel-ban countries from receiving decisions on asylum, work permits, green cards and citizenship, a US federal judge ruled on Friday. Chief US District Judge John McConnell in Providence, Rhode Island, ruled that the US Citizenship and ‌Immigration Services had adopted a series of unlawful policies targeting people from 39 African, Asian, Latin American and Middle Eastern countries. His ruling came in a lawsuit...

Prediction market firms face growing scrutiny as Congress weighs regulation

Rep. Bryan Steil, R-Wisc., is working on a bill to ban Congress members and their staff from certain bets on prediction markets such as Kalshi and Polymarket.

Entrepreneur Thomas Bruch: Why one of the richest Germans spoke in Saint Petersburg

At the economic forum in Saint Petersburg, Russia's president adorns himself with German entrepreneurs. In fact, many aren't. The most prominent has a lot to lose in Moscow.

Tokio Hotel: Kaulitz against hangovers

The singer has had his own brand of tequila for a long time. Now he also sells the antidote for it.

Federal Government: Yes – the “big bang” of reforms is needed

In front of the coalition committee with trade unions and business associations, the Chancellor dampened expectations. It is obvious what would be necessary. And who, above all, has to move to achieve this.

If you suddenly received $100,000 today, would you invest it all at once or spread it out over time?

I recently found myself thinking about a scenario that comes up surprisingly often. Someone receives a large inheritance, sells a property, exits a business, or simply accumulates a significant amount of cash and suddenly has a six-figure sum sitting in their account. The data generally suggests that investing a lump sum immediately tends to outperform dollar-cost averaging over long periods because markets spend more time going up than down. At the same time, the psychological side of investing

Dispute in the car industry: Parisian privileges

France's car industry wants special treatment for its small cars. This probably also includes the aim of automatically worsening the chances for the unpopular German competition.