Finance news

Renaming Institutions: Court: The name Trump cannot be on the Kennedy Center

The US President wants to immortalize his name in many places. But a court puts a stop to him: his name has to be removed from the facade of a world-famous building again.

US judge orders Trump’s name removed from Kennedy Centre

⁠A judge on Friday ordered the removal of US President Donald Trump’s name from the Kennedy Centre for the ‌Performing Arts, ruling that the iconic Washington venue cannot be renamed without an act of Congress. US District Judge Christopher Cooper in Washington directed the ⁠Trump administration to take down all physical signage ‌bearing Trump’s name and to eliminate any references to a “Trump Kennedy ‌Centre” from official materials within 14 ⁠days. “The ⁠Kennedy Centre’s organic statute makes.

Social◇ unclassifiedgermany · japan

Japan's bond quake grips the world

"The bond market in Japan is undergoing a long-term normalization that can cause disruption worldwide. Higher domestic yields reduce the incentive of Japanese investors to park capital in US Treasuries. This may dampen demand for US bonds, but is likely to be gradual rather than shock-like. The bottom in JGB prices has not yet been found. The central bank faces the challenge of not raising interest rates too quickly in order not to collapse the stock market

45d05/29⚠ war-conflict · 2/5

US stock exchanges: Dell and Iran hopes drive Wall Street to record highs

New tensions in the Ukraine war are not weighing on the markets because euphoria about potential peace in the Middle East prevails. All three US leading indices are rising to record levels.

◇ unclassifiedgermany · europe · usa

◇ unclassifiedgermany · europe · usa

USMCA: US government plans to have 50 percent US share in car production

According to insiders, the USA is demanding a higher US share of car components as part of the North American Free Trade Agreement. For the industry, this means a reorganization of the supply chain.

Bondi refused to answer questions about Trump and Epstein files, Democrats say

Former US attorney general Pam Bondi rebuffed questions about President Donald Trump’s involvement in handling records of the Justice Department’s investigation of accused sex trafficker Jeffrey Epstein, Democratic lawmakers said. “She refused to answer any questions about President Trump,” congressman Robert Garcia, the top-ranking Democrat on the House panel investigating Epstein, told reporters during a break in the committee’s closed-door questioning of Bondi. Bondi also pushed any blame for

45d05/29⚠ war-conflict · 1/5

Ouster ($OUST) - Poised to capture the "physical AI" layer

Ouster (OUST), a US company I've been heavily invested in and following for the last year. I believe they have the ability to capture the "physical AI" layer. The thesis is that AI will diversify from screens and into the real world (robots, drones, warehouses, factories, vehicles, infrastructure, security systems, etc.). All of these need to understand their physical surroundings, and while a camera can show what something looks like, lidar shows where things are in 3D (distance, shape, movemen

Social◇ unclassifiedusa

45d05/29⚠ war-conflict · 3/5

US Navy to explore powering shore installations with aircraft carriers

Acting Navy Secretary Hung Cao revealed that Naval Station Norfolk will be “powered from an aircraft carrier" sometime this summer.

◇ unclassifiedusa · europe · middle-east

◇ unclassifiedmiddle-east · russia · usa

US Drillers Add More Rigs In Response to Higher Prices

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 562, down just 1 from this same time last year. The number of active oil rigs rose by 4 to 429 during the latest reporting period, according to the data. This is 22 below this same time last year. The number of gas rigs stayed the same at 125, which is 16 more than this time last year. The miscellaneou

+++ Federal politics +++: Wüst promises Merz full support

Bas urges unanimity in the pension commission +++ Federal government sticks to draft law for streaming services despite US criticism +++ The news blog.

46d05/29⚠ war-conflict · 1/5

Update FATCA customer and investment

Hello, I reported here 10 months ago (https://www.reddit.com/r/Finanzen/s/STdgasJBo3). US citizenship is finally history (6 month wait). It cost just under $8,000 (€2.5k for retroactive tax returns, Americans Overseas Fees of $2k and $2.5k for the US consultation (with processing fee)) and in the end it didn't do anything. Sure, we save ourselves the $500/year US tax return, but we still can't invest... And therefore no D

Social◇ unclassifiedgermany · usa · europe

◇ unclassifiedgermany · europe · iran

US economy: AI saves Trump's economy

Despite tariff policy, immigration disputes and the Iran War, America's economy continues to grow. The reason lies in a huge investment boom. Germany can only dream of that.

◇ unclassifiedmiddle-east · russia · usa

Oil Prices Suffer Biggest Weekly Collapse in Two Months

Brent crude is heading for its biggest weekly drop in two months as markets bet on a 60-day ceasefire extension and partial reopening of the Strait of Hormuz. ICE Brent is set to post its largest weekly loss in two months, dropping by almost 10%, as media reports present a 60-day extension of the current ceasefire and a temporary Hormuz navigation deal as close to being a done deal. Whether US President Trump and Iran’s Supreme Leader Khamenei agree to the deal or not, Brent at $92 per barrel su

Space travel: Blue Origin rocket explodes during engine test

Just a few days after the largely successful “Starship” test by competitor SpaceX, the space company owned by US billionaire Jeff Bezos has suffered a setback. The cause of the explosion was initially unclear.

◇ unclassifiedusa · europe · china

US arms sales pause would push Taiwan toward asymmetric-defense tech: Analysts

The idea of Trump using arms sales as a negotiating chip with China has sparked concerns that Washington might decline procurement deals with Taiwan.

◇ unclassifiedusa · europe · iran

How far is there to go until the US and Iran end the war?

A tentative deal has been reached to end the war and restart transit in the Strait of Hormuz, and then negotiations on more difficult issues would begin.

US tech industry: How Dell's Trump strategy is boosting the course

There is much more to the surge in Dell shares than a strong sales forecast. Investors put their trust in a charm offensive.

US judge freezes Trump ‘slush fund’ for allies

A federal judge on Friday temporarily blocked the Trump administration from moving ahead with a US$1.8 billion compensation package that critics have denounced as a “slush fund” for President Donald Trump’s political allies. US District Judge Leonie Brinkema barred the administration from taking any further action to create or operate the fund while she considers whether to impose a longer-lasting pause. Her order blocks the transfer of money into the fund, the consideration of claims and the...

Education: When top grades become meaningless

Good grades are increasingly being awarded in an inflationary manner. The US elite university Harvard wants to take action against this. German universities should also take countermeasures. A guest post.

◇ unclassifiedgermany · europe · uk

Starting as a lawyer: “The high salary at large law firms has a price”

Restructuring lawyer Martin Lambrecht on absurdly high starting salaries at US law firms and the true price that young lawyers pay for them.

Kenya court blocks US Ebola quarantine centre set to open on Friday

A Kenyan court temporarily halted the opening of an Ebola quarantine centre for US nationals on Friday following a petition filed by a rights group. The facility was due to open in the east Africa nation on Friday according to US officials, to quarantine Americans arriving from the Democratic Republic of the Congo, which is battling a major Ebola outbreak. Washington has defended its criticised decision not to repatriate Americans infected with the virus. US Secretary of State Marco Rubio has...

Social◇ unclassifiedsocial-signal

Simple and smart way to track portfolio ?

I was chatting with a friend and found out be has multiple investments in US and another country. Brokerage, 401k, CDs, HSA, some gold etc.. problem is, the amounts are not very significant, say <$10k per “account” He looked like he gave up on tracking and probably loosing potential gains, rebalancing etc.. Anyway, I only have a 401k and a little brokerage, so never had that problem myself. Do you have any recommendation to track such a portfolio, other than a good old excel sheet? I think on mi

Students can play role in US-China ties, Xi says in letter to Hong Kong student

Young people from China and the United States should continue to contribute to cultural exchanges and mutual understanding between the two countries, Chinese President Xi Jinping has said in a letter to a university student in Hong Kong. The Chinese University of Hong Kong said on Friday that fourth-year undergraduate Liu Runjie received the letter after he and other students shared their experiences in a China-US youth friendship programme with the president. “In his reply, President Xi...

46d05/29⚠ war-conflict · 2/5

Caribbean: Cuba sees growing risk of US intervention

In view of tough negotiations with the USA, the Cuban deputy foreign minister has accused Washington of constructing pretexts to launch military intervention. “We hope that dialogue will be a priority,” said Josefina Vidal.

◇ unclassifiedgermany · europe · usa

How Hegseth might shift his tone on Taiwan at this year’s Shangri-La Dialogue

Beijing’s delegates to the Shangri-La Dialogue anticipate Washington will strike a less confrontational tone on Taiwan than it did last year, even as the issue remains the largest point of contention in Sino-US relations. US Defence Secretary Pete Hegseth is scheduled to speak at the annual security conference in Singapore on Saturday morning. His remarks will be closely watched by Beijing and by Washington’s regional allies for signs of any policy shift following the high-stakes summit between.

◇ unclassifiedchina · asia

China sentences former Shaolin abbot to 24 years for corruption

Shi Yongxin, former abbot of the world-famous Shaolin Temple, has been sentenced to 24 years in jail for crimes including embezzlement and taking bribes, state news agency Xinhua reported. Shi was also fined 3.5 million yuan (US$516,000). Xinxiang Intermediate People’s Court in China’s central Henan province found that Shi, whose birth name is Liu Yingcheng, had embezzled more than 131 million yuan between 2003 and 2025. Shi appeared in a public trial on Monday. The verdict was announced on...

Alibaba AI voice model cracks top 5 globally, outperforming US rivals in regional accents

A new artificial intelligence voice model from Alibaba Group Holding has beaten out Western rivals OpenAI and xAI on a major global benchmark, underscoring its technical edge in capturing complex Chinese dialects and accents. Fun-Realtime-TTS-Preview, developed by Alibaba’s Tongyi Lab, has secured the fifth spot on the Artificial Analysis Speech Arena leaderboard with a score of 1,190. It was the only Chinese-engineered voice system in the global top five. Alibaba owns the South China Morning...

Asia faces ‘costly paradox’ over divergent AI rules in US and EU

Asian technology firms are facing a “costly paradox” as they try to navigate an increasingly uneven global AI rule book, with divergent compliance requirements in the European Union and the United States threatening to blunt their competitive edge. Analysts say the challenge is acute for Asian companies. While the EU has a single, comprehensive and legally binding artificial intelligence framework based on the landmark EU AI Act, US technology-related laws are decentralised at the state...