Finance news

Credit card for higher expenses?

Hi! Quick question, since you're probably most familiar with it - when it comes to recurring higher expenses (car/motorcycle/racing bike/Rolex), which credit cards do you use? So far I have mostly avoided “pre-loading via bank transfer”, but especially during a typical visit to a jewelry store abroad it is annoying to have to wait 24 hours just because of a €15k expense. I've heard that many people use AmEx for this because it offers high limits. However, in my opinion there is a lack of acceptance

China says US ‘invented’ terrorism charges to justify Cuba blockade

China accused the United States of using “invented allegations” to justify its terrorism case against Cuba, after Secretary of State Marco Rubio told senators he needed no new evidence to tie the island to violent leftist groups across the western hemisphere. Foreign ministry spokeswoman Mao Ning said on Thursday that Washington could not justify its blockade and sanctions against the island, adding that the decades-old embargo had wrecked Cuba’s economy. “China firmly supports Cuba in...

Ukraine war: Zelensky and Putin call on each other for peace

The Ukrainian President again offers Putin an immediate ceasefire. He is willing to talk - but on his own terms.

Trump Jnr tells investors he would avoid investing in China

US President Donald Trump’s eldest son warned against investing in China during an event for investors on Thursday in Zurich, even as his father’s administration has pushed forward on plans to improve commercial ties between the two countries. “I wouldn’t,” Donald Trump Jnr said when asked at the invitation-only event if he would invest in China. “I don’t think we can pretend they’re an ally. That would be, I think, foolish.” Trump Jnr, who shares the position of executive vice-president of the.

Whale carcass on Danish island: No clear cause of death: Autopsy of humpback whale completed

Weeks ago, the dead humpback whale known as “Timmy” washed up off the island of Anholt - now the eagerly awaited autopsy has been completed. What were the experts able to find out?

S&P500 Index Committee to NOT Change Rules Regarding Megacaps

S&P Dow Jones Indices and the index committee that determines the rules for how companies get added to the S&P500 determined that no changes would be made to their rules for the "seasoning period", after which companies can be added to the index. This is significant as many other major index providers have recently changed their rules regarding megacap stocks in light of the upcoming SpaceX IPO. Source: https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20260604-1483731/1483731_

Warren invites Nvidia CEO Jensen Huang to Senate hearing on China AI chip sales

Sen. Elizabeth Warren is pressing Jensen Huang's Nvidia over export controls, China sales, Trump and data-center policy as Congress scrutinizes the AI chip boom.

A UK in decline needs to rediscover supply-side economics

I just spent two weeks in a broken Britain, which is an unfortunately apt description for a country that has fallen from its former glory. Its people are funny, witty, creative, intelligent, sports-mad and educated, part of a society that has constantly evolved over the last millennium, its imperial heritage bringing in cultures from around the globe. It is a green and pleasant land, beautiful in spring and summer, and not too bad in the autumn. Yet the once great nation is now dealing with a...

Pentagon likely to cancel missile deal with Germany over fears of Russia

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

US farm chief says reliance on China threatens American ‘freedom’

US Agriculture Secretary Brooke Rollins told lawmakers on Thursday that American dependence on China for food, fertiliser and other agricultural inputs poses an “existential” threat, framing food security as a national security issue while defending the White House’s reduced fiscal 2027 budget request. “If we need to rely on China for our food and our fertiliser and all the things that come with that, we will lose what we understand to be liberty and freedom in this country. That’s how important

+++ Business figures +++: Weak demand – Lululemon reduces annual targets

Macy's sales grow for the first time in 15 quarters +++ AI boom brings HPE record quarter +++ CTS Eventim benefits from Winter Olympics +++ The news blog.

Trump says he could meet Iran's supreme leader 'if it was to make a deal'

Khamenei was named the supreme leader in Iran after his father, Ayatollah Ali Khamenei, was killed on the first day of fighting.

Netflix creating industry guidelines for AI production, co-CEO says

Brazil to ramp up oil output as Asia looks for Iran alternative

Japan won't become another Silicon Valley. It doesn't need to

Taiwan 'leak' of military hosting reveals shifting China power balance

Thailand plows $3.7bn into shopping subsidies as consumer confidence sags

Coal stocks climb as Trump shovels $700 million to the sector

Coal stocks advanced Thursday, helped by news that President Donald Trump plans to provide about $700 million to the industry through a Korean War–era law that gives the federal government authority over sectors tied to national security.

Don’t rule out a ‘June swoon’ — the S&P 500 is pushing its limits

Even upbeat Oracle earnings next week might not be enough to rally the market.

Trafigura Pays Record Dividend as Profit Soars Over $4B

Trafigura Group made a record payout to its top traders and executives.

Brazil Launches World-First Ethanol-Powered Grid Engine

Brazil is undertaking a major biofuels experiment that could be majorly disruptive for the global energy landscape if it proves effective. The South American country is filthy rich in biomass, and is seeking to use ethanol in novel applications – in this case, to power the energy grid. A new ethanol-powered engine designed specifically to provide electricity to the grid was just launched at the Suape II power plant in Pernambuco, in a world first. Brazilian energy company Suape Energia has partn

Lululemon cuts annual outlook, citing 'negative' media commentary and disappointing product launches

Lululemon is expecting its situation to get a lot worse before it gets better, as it issued weak guidance for the full year.

Economic Forum: AfD politicians are promoting new contacts in Russia

The Foreign Office had advised against traveling to Russia. But the AfD politicians are appearing in two large discussion groups in St. Petersburg at the economic forum, some of them unannounced.

Honeywell’s quantum company goes public. What investors should know about the IPO

It's a win for Honeywell as the offering gives a valuation to a business that investors previously had to guess what it was worth.

Ships stranded in Persian Gulf quietly coordinate with U.S. Navy to exit Hormuz

Clashes erupted between the U.S. and Iran over commercial ships earlier this week.

Why nobody talks about this?

Im not sure which subreddit to post this in... If I'm looking to buy real estate, let's say a property cost 400k. I get a 30yr loan at 6%. the real price of the home is closer to 850k. You paid 450k in intrest for a 400k home(400+450=850). lets assume you sell the house for 600k. did you profit 200k or did you loose 250k? Maybe if you get someone else to pay the rent for you over 30 years it "feels" diffrerent but the math is the same. I somewhat understand that with inflation and leverage it ca

is spacex a rising tide for space stocks or a monopoloy and bearish to smaller stocks?

https://crudematerial.com/when-the-monopolist-goes-public-a-two-trillion-problem/ interesting article on this, do we think that its a rising tide for all space stocks or a monopoly and going to be bearish for smaller stocks? article makes some decent points in that its margin compression event submitted by /u/FF430 [link] [comments]

Bitcoin is weathering its ugliest week in months as narrative fades and liquidity rotates

Bitcoin is getting pummeled to kick off June as the market loses its dominant narrative and liquidity continues to rotate into other assets.

Why Broadcom’s stock is falling so hard after earnings

The chip company declined to increase its AI revenue outlook for next year “in a market environment clamoring for material beats and raises.”

Are you financially fulfilled? If not, your retirement plans are in danger.

Only 16% of Americans say they’re financially comfortable, a new poll found.