Finance news

G7 summit offers Trump, Modi chance to reset ties after US strikes kill Indian sailors

A possible meeting next week between Indian Prime Minister Narendra Modi and US President Donald Trump offers a chance to reset ties following a year of strained relations over tariffs, Pakistan, and now, the Iran war. US forces this week attacked three Indian-crewed vessels in the Gulf of Oman region, killing at least three sailors and prompting protests from New Delhi. Modi and Trump would likely want to contain the latest tensions and avoid derailing efforts to get relations back on track...

US Gov directive suspends access to Anthropic Fable 5 and Mythos 5

The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees. The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance. https://www.anthropic.com/news/fable-mythos-access So if the gov is going to curtail access to better models how

Trump says ‘swift and lethal’ US strike kills leader of Venezuelan prison gang

President Donald Trump said late on Friday that a “swift and lethal kinetic” US strike has killed Tren de Aragua gang leader Hector Rusthenford Guerrero Flores. “At my direction, ‌the United States Southern Command delivered a swift and lethal kinetic strike to successfully execute Nino Guerrero, the infamous leader of Tren De Aragua, one of the most bloodthirsty Terrorist Organisations on Planet,” Trump said in a post ⁠on Truth Social on Friday evening, referring to Guerrero Flores by his...

US judge reprimanded for having sex in chambers apologises: ‘I have no excuse’

A US federal judge who was disciplined after an investigation found that she had sex with a police officer in her chambers and then lied about it wrote a letter to a former law clerk apologising for her “harmful, offensive, and unprofessional behaviour”. An investigation initiated last year by the chief judge of the 11th Judicial Circuit found that US District Judge Eleanor Ross had sex in the courthouse with a high-ranking uniformed police officer within earshot of staff, attended a partisan...

Streaming: US government clears Paramount's takeover of Warner

Paramount is allowed to take over Warner Brothers without any conditions. This paves the way for the $111 billion mega-takeover of the entertainment giants.

Hollywood deal: US government approves Warner takeover by Paramount

The takeover of Warner Bros. by Paramount is a mega deal that could not only permanently transform Hollywood. The government considers the deal harmless - critics assume the opposite.

Indians grieve and demand action after US strike kills sailors

Sushila Devi sat sobbing on the floor of her house in Deoria, northern India after authorities told her that her husband was one of three sailors killed in a US attack on a ship off Oman. “If he had told us about the dangers, I would have called him back,” she cried out as women from the family gathered around to console ‌her. “The government should not allow people to go there.” India on Friday took the rare step of lodging a second protest with the US over the strike that took place more than.

Non-ETF Stocks to Buy (Long Term) US Resident

I’m looking to buy and “forget” so to speak some stocks for at least 7-8 year. Obviously I’m looking for growth and not looking to sell until 8 years or so. What are your recommendations? I know of the big fishMicrosoft, Amazon, Alphabet, etc but are there any small or other big one I can park into. I’m a beginner so most you have a higher knowledge and in depth experience in this field. I’m just a mechanic. My reason for parking it for so long is just a personal reason. Thanks in advance. submi

China missed the World Cup. Its brands didn’t

Inside a sprawling broadcast hub in Dallas, thousands of devices supplied by Lenovo are helping Fifa manage and distribute content from stadiums across the United States, Canada and Mexico, forming part of the technological backbone of the largest World Cup ever staged. The central role played by the Chinese-founded technology company highlights a reality often obscured by geopolitical tensions between Washington and Beijing: while US policymakers have increasingly scrutinised Chinese technology

Oil Drops to Four-Month Low

Oil prices fell sharply as hopes grew for a Hormuz reopening agreement between the US and Iran.

Donor Advised Fund (DAF) asset allocation, crypto?

Note: this post was removed by the philanthropy subreddit mod, so I’m unsure where else to post this. I’d love to know what allocations others here have for their DAF portfolios. I have a donor advised fund through Daffy, and it offers multiple portfolio options, including a custom portfolio. I currently have my DAF funds in a 100% US Equities (VTI) portfolio, but I’m wondering if I should be even more aggressive (even speculative) so my portfolio will grow even more so I can give even more, obv

Mitsui Chemicals to buy US dental materials maker for $900m

U.S. and Uzbekistan Deepen Economic Ties With New Investment Pact

The United States and Uzbekistan are working to expand business-to-business contacts with the aim of expanding US trade and investment in some key economic sectors, including mining, energy, IT, agriculture, and artificial intelligence. US Assistant Secretary of Commerce David Fogel signed a memorandum of understanding with Laziz Kudratov, the Uzbek minister of investment, on June 9 in Tashkent, outlining plans to facilitate business delegation visits and promote investment opportunities. “The M

Wall Street: US stock markets are up – SpaceX debuts on the Nasdaq

The focus of the markets is the record IPO of Elon Musk's space company. New developments in Iran are now pushing the price of oil into the red. Investors are initially holding back.

Iran says peace deal with US ‘never been closer’, as Pakistan says final text agreed on

The US and Iran have “never been closer” to a deal on ending the war in the Middle East, Iranian Foreign Minister Abbas Araghchi said on Friday, as mediator Pakistan said a final text had been agreed on. “The Islamabad Memorandum of Understanding has never been closer,” Araghchi wrote on social media, referring to the Pakistani capital which hosted previous US-Iran talks. “Pending its finalization, the media should refrain from entering speculation about its content,” he added, after purported..

Pace of US Oil Drilling Inches Up

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 563, up 1 from this same time last year. The number of active oil rigs rose by 2 for the second week in a row to 433 during the latest reporting period, according to the data. This is 6 below this same time last year. The number of gas rigs fell by 3 to 121, which is 8 more than this time last year. Th

+++ Iran War +++: Pakistan: Iran and the USA have agreed on a peace agreement

Israeli Defense Minister warns against concessions to Iran +++ US representative: Iran will only receive frozen funds after consideration +++ The news blog.

Elon Musk becomes world’s first trillionaire after SpaceX IPO

In a post on the social media platform he owns, Elon Musk recently lamented: “Whoever said ‘money can’t buy happiness’ really knew what they were talking about.” Now the world’s richest person can put that maxim to an even bigger test as he adds a new title: world’s first trillionaire. SpaceX shares opened at US$150 each, 11 per cent above their offering price after they began trading in New York on Friday, valuing the rocket and AI-company Musk founded at roughly US$2 trillion. His fortune now.

Markets: Hopes for peace support Dax – US Federal Reserve meeting in sight

Peace signals from Iran are causing oil prices to fall – and driving the DAX up.

Dax current: Dax closes clearly in the black - Iran agreement in prospect

The trading week ends with the largest IPO of all time. Elon Musk's SpaceX is listed on the Nasdaq. Meanwhile, US President Trump announces talks with Iran.

US Army commissions second cohort of tech executives into innovation unit

This week, the Army added three more technology executives to Detachment 201, a unit intended to bridge the gap between the commercial sector and military.

A War of Words Sends Brent Crude to a Two-Month Low

Oil prices slid to a two-month low as conflicting signals from Washington and Tehran fueled uncertainty over a potential U.S.-Iran deal, keeping traders on edge throughout a volatile week. Friday, June 12, 2026 In a particularly volatile trading week, the allocation of roles between Iran and the United States seemed to have switched constantly. If an impending deal was announced by US President Trump, Tehran would deny it, and reversely if the Iranian leadership broke the media silence with talk

Handelsblatt Live: US stock market expert Koch: SpaceX IPO should make Musk a trillionaire

Wall Street looks ahead to SpaceX's historic IPO on Friday. Elon Musk's space company could join Amazon and Tesla on the list of the most valuable US technology companies, comments Markus Koch.

Huawei is considering deploying Ascend AI chips in Latin America, cloud chief says

Huawei Technologies is studying whether to run its newest Ascend artificial intelligence chips inside its cloud and AI services in Latin America, a senior executive has confirmed, in a move that would push Chinese-designed hardware deeper into a region long courted by US suppliers. Mark Chen, president of Huawei Cloud Latin America, gave the confirmation in an exclusive interview with the South China Morning Post after his presentation at the Rio Web Summit, the technology and innovation...

Iran War: Trump accuses Iran of spreading false information

According to the US President, there is progress in negotiations with Tehran. But Iran is spreading fake news, writes Trump on Truth Social. The backlash follows quickly.

Hope for Hormuz as Iran, US Edge Closer to Peace Deal

The U.S. and Iran moved closer to an interim peace agreement meant to reopen the Strait of Hormuz.

Today: SpaceX IPO: What is known so far

SpaceX's stock market debut is the dominant topic on the markets. Our US correspondent explains when the stock will be included in the major indices.

Consumer climate in the USA: US consumer confidence is improving more than expected

Slightly lower gasoline prices are creating a better mood among US consumers. Inflation expectations remain at a high level.

80th birthday: Trump receives a birthday present from Merz

The Chancellor likes to write handwritten letters on special occasions. The US President now gets one too. And on Monday Merz will follow up with further attention.

+++ Iran War +++: Trump describes information from Iran about agreements as untrue

US representative: Iran will only receive frozen funds after consideration +++ Iran: Text for agreement mostly finalized +++ USA and Iran could apparently sign agreement on Sunday +++ The news blog.