Gold price hovers around $2,200, exhibiting strength ahead of US core PCE Price Index data. The US Dollar refreshes to a six-week high amid cautious market sentiment. 10-year US bond yields rise as Fed rate cut bets for June have dropped. Gold price (XAU/USD) holds…
So-called meme stocks are having a moment again. What do Reddit , Trump Media & Technology Group and GameStop all have in common? They all have strong retail participation. Trump Media made its market debut on Tuesday under the ticker DJT, following its merger with shell company Digital World Acquisition Corp.…
Judge to consider if Trump can throw out Georgia election subversion case on First Amendment grounds
For the first time since a judge ruled that Fulton County District Attorney Fani Willis can continue to oversee the Georgia 2020 election interference case against former President Donald Trump, the focus will return to the details of the sprawling case. During a hearing Thursday, Trump’s lead attorney in Georgia…
U.S. Secretary of Transportation Pete Buttigieg said Wednesday morning on the Today Show of the Baltimore bridge collapse, “This will be a major and protracted impact to supply chains.” More like, “this will be a major and protracted news story that unnecessarily freaks people out about supply chains.” The collapse…
Shares in JD Sports Fashion rose by mid-single digits on Thursday, after the athleisure retailer released more calming financials following January’s shock profit warning. At 123.6p per share, JD Sports’ share price was last 6.2% higher at the end of the trading week. Revenues at the FTSE 100 retailer rose…
Is credit about to crack in Europe? I’ve been spending time recently speaking to Man Group’s extensive (and growing!) network of credit experts. It’s always a pleasure to catch up with my friend and colleague Danilo Rippa, Head of Global Credit Multi-Strategy. Danilo has been trading the asset class for…
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried, the former billionaire…
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KuCoin and its founders were recently charged with major violations of money…
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By the end of the year, travelers should be able to refuse…
POLITICS
View MoreBy Jeff Mason WASHINGTON (Reuters) – President Joe Biden will get a boost from Democratic predecessors Barack Obama and Bill Clinton on Thursday at a fundraiser in New York slated to raise more than $25 million and add some oomph to Biden’s 2024 re-election campaign. Biden and the two former commanders-in-chief will take part in a discussion moderated by “The Late Show” host Stephen Colbert at Radio City Music Hall in front of thousands of guests at what Biden’s re-election campaign said would be the most successful political fundraiser in history. Musicians Queen Latifah, Lizzo, Ben Platt, Cynthia Erivo and…
One day after the Supreme Court heard arguments in the first abortion-related case since Roe v. Wade was overturned, retired Justice Stephen Breyer told CNN that the justices will be…
Ex-Supreme Court justice details his frustrations about Dobbs decision Former Supreme Court Justice Stephen Breyer talks with CNN’s Wolf Blitzer about the decision to overturn Roe vs. Wade and how…
Sometimes when a president needs a hand, only another president – or another two – will do. President Joe Biden’s bid for a second term and reelection campaign coffers will…
Markets
View MoreFor most of the 20th century, the word “family” in America evoked a predictable picture of cookie-cutter cleanliness: the happily…
Finance
View MoreThis as-told-to essay is based on a conversation with Jarrell Chalmers, a 31-year-old marketing consultant in San Juan, Puerto Rico. The following has been edited for…
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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including…
Investing
Several New England universities and colleges have reached a pinnacle of at least $90,000 for undergraduate tuition and costs starting this fall. Yale University, Tufts University, Boston University (BU), and Wellesley College are among a few private institutions that will top this year’s costs for tuition, housing and other expenses, according to…
Economy
(Reuters) -Bank of England (BoE) interest-rate setter Jonathan Haskel said that rate…
Fintech
Not everyone knew who the Meta chief was posing with — but…