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GBP/USD rebounds amid trade tensions and economic data
Economy

GBP/USD rebounds amid trade tensions and economic data

The British Pound (GBP) kicked off the week with a modest rally against the US Dollar (USD) on Monday, clawing back some of last week’s losses.  The GBP/USD pair traded near 1.3540 on Tuesday, as investors dialled back their USD holdings amid rising global trade concerns and mixed economic signals. US dollar weakens as trade […]

  • June 05, 2025 09:25 AM PDT
  • Invezz
Update: Market Chatter: JPMorgan, Morgan Stanley Plan to Offer TeraWulf Data Center Loan to Private Credit Firms
Market Updates

Update: Market Chatter: JPMorgan, Morgan Stanley Plan to Offer TeraWulf Data Center Loan to Private Credit Firms

(Updates with JPMorgan Chase and TeraWulf's replies in the fifth and sixth paragraphs.) JPMorgan PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription p...

  • June 05, 2025 09:24 AM PDT
  • EODHD
Black Iron says Shymanivske project key to Ukraine recovery; sees post-war steel demand boosting prices
Commodities

Black Iron says Shymanivske project key to Ukraine recovery; sees post-war steel demand boosting prices

Even as peace between Russia and Ukraine remains out of reach, with a ceasefire still uncertain, Canada-based Black Iron is positioning its Shymanivske iron ore project as a cornerstone of Ukraine’s eventual post-war reconstruction. Backed by the US-Ukraine Minerals Development Act and buoyed by strong iron ore prices, the company remains optimistic, despite the likelihood […]

  • June 05, 2025 09:22 AM PDT
  • Invezz
Trump, Xi Jinping speak for 90 mins, new US-China trade talks announced
Economy

Trump, Xi Jinping speak for 90 mins, new US-China trade talks announced

US President Donald Trump said trade officials from the United States and China will meet soon, though a location and date for the meeting are yet to be finalized. Trump made the announcement following a 90-minute phone call with Chinese President Xi Jinping. Describing the conversation as “very good,” Trump said the discussion focused “almost […]

  • June 05, 2025 09:22 AM PDT
  • Invezz
The genie is out: 24-hour trading gaining momentum, Interactive Brokers chairman says
Market Updates

The genie is out: 24-hour trading gaining momentum, Interactive Brokers chairman says

(Reuters) -Interactive Brokers Chairman Thomas Peterffy on Thursday said 24-hour trading has become more acceptable, calling it a genie that is hard to put back into the bottle, at the Piper Sandler G...

  • June 05, 2025 09:21 AM PDT
  • EODHD
Apple EPS Faces 2--3% Hit After Epic Ruling
Market Updates

Apple EPS Faces 2--3% Hit After Epic Ruling

Apple (NASDAQ:AAPL) is bracing for a 23% EPS headwind after a federal appeals court upheld an injunction requiring link-out payments in the App Store, potentially shifting billions in developer fees o...

  • June 05, 2025 09:20 AM PDT
  • EODHD
Anthropic Unveils Claude Gov for US Security Clients
Market Updates

Anthropic Unveils Claude Gov for US Security Clients

Anthropic recently unveiled Claude Gov, a new set of AI models tailored just for U.S. national security agencies. With backing from Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOG), these models are alre...

  • June 05, 2025 09:10 AM PDT
  • EODHD
ReconAfrica upsizes underwritten offering to C$16.5M
Market Updates

ReconAfrica upsizes underwritten offering to C$16.5M

* Reconnaissance Energy Africa (TSXV:RECO:CA [https://seekingalpha.com/symbol/RECO:CA]) has increased the size of its public offering, pursuant to which the underwriters have agreed to purchase 33M un...

  • June 05, 2025 09:03 AM PDT
  • EODHD
Lyneer Staffing Solutions Integrates Advanced AI Capabilities into Proprietary Ecosystem, Advancing Data-Driven Workforce Solutions
Market Updates

Lyneer Staffing Solutions Integrates Advanced AI Capabilities into Proprietary Ecosystem, Advancing Data-Driven Workforce Solutions

ENGLEWOOD CLIFFS, N.J., June 05, 2025 (GLOBE NEWSWIRE) -- Atlantic International Corp. ("Atlantic") (Nasdaq: ATLN), a leading provider of strategic staffing, outsourced services, and workforce solutio...

  • June 05, 2025 09:00 AM PDT
  • EODHD
BlackRock CEO on Tariffs: ‘We’re Going to See Very Elevated Inflation’
Market Updates

BlackRock CEO on Tariffs: ‘We’re Going to See Very Elevated Inflation’

Speaking at Forbes Iconoclast Summit, BlackRock’s CEO Larry Fink said he expected higher inflation if the tariffs are implemented in the coming months. View Comments

  • June 05, 2025 09:00 AM PDT
  • EODHD