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Basketball-WNBA players push for better pay as league soars to new heights
By Angelica MedinaJune 25 (Reuters) - As the WNBA celebrates record attendance, rising TV ratings, and the addition of the Golden State Valkyries, its players are demanding a larger share of the league's growing revenue, citing disparities in pay and broadcast income compared to their NBA counte...
Reuters
Wed, Jun 25
Other
EXCLUSIVE-US exchanges, SEC in talks to ease public company regulations
SEC, Nasdaq, NYSE discuss easing disclosure rules for public companiesReforms aim to curb some minority investor proxy proposalsPublic company numbers down 36% since 2000, Nasdaq data showsTalks ongoing for several months amid Trump's deregulatory pushEfforts include easing SPAC-related capital ...
Reuters
Wed, Jun 25
Stocks
Palantir's surge to leave its mark on Russell reshuffle
Palantir shift to sharply reduce weighting in mid-cap techRussell reconstitution represents giant liquidity eventsNo major rule changes by FTSE Russell this yearBy Chuck Mikolajczak NEW YORK, June 25 (Reuters) - A meteoric rally in shares of Palantir Technologies PLTR.O is likely to leave its imp...
Reuters
Wed, Jun 25
Other
Trump's budget plan shifts wealth from young to old, analysts say
Bill forecast to add $3 trillion to national debt, impacting future economic growthYounger Americans face higher taxes, mortgage costs due to billOlder Americans benefit from tax cuts, Medicare and Social Security protectionBy Andy Sullivan WASHINGTON, June 25 (Reuters) - U.S. President Donald Tr...
Reuters
Wed, Jun 25
Other
Returned deportee Abrego due in US court over bail conditions
Judge questions credibility of cooperating witnessesAbrego pleads not guilty to migrant smugglingTrump administration aims to step up deportationsBy Luc Cohen NASHVILLE, Tennessee, June 25 (Reuters) - Kilmar Abrego Garcia, the migrant wrongly deported to El Salvador by President Donald Trump'...
Reuters
Wed, Jun 25
Other
EXCLUSIVE-New data show most US patients now stay on Wegovy, Zepbound after a year
Persistence up as shortages ease, doctors handle side effects better, experts say63% of US patients stuck with Wegovy in the past year, up from 40% who started in 2023Only 1 in 7 Wegovy patients stayed on the drug over three years, data showBy Chad TerhuneLOS ANGELES, June 25 (Reuters) - Nearly two-...
Reuters
Wed, Jun 25
Other
EXPLAINER-What is the role of Kennedy's newly appointed US vaccine advisory panel?
By Ahmed Aboulenein WASHINGTON, June 25 (Reuters) - U.S. Health Secretary Robert F. Kennedy Jr. fired all 17 members of a national vaccine advisory board, naming eight new members of his choosing and upending the process for recommending shots for the American public.The surprise move drew widesp...
Reuters
Wed, Jun 25
Cryptocurrencies
Bitcoin Price Forecast: BTC extends gains above $106,000 as institutional demand fuels optimism
Bitcoin (BTC) price extends gains above $106,000 at the time of writing on Wednesday, having risen 5% over the previous two days.
Bitcoin
Fxstreet
Wed, Jun 25
Stocks
COLUMN-US current account gap clocks pre-2008 crash milestone: Mike Dolan
By Mike Dolan LONDON, June 25 (Reuters) - The U.S. balance of payments gap as a share of annual economic output hit its widest point in almost 20 years during the first quarter. Rather ominously, the last time it was this large was the eve of one of the biggest financial crashes in history.The U....
Reuters
Wed, Jun 25
Forex
USD/JPY: Set to retest 144.50 before a more sustained recovery – UOB Group
There is a chance for US Dollar (USD) to retest 144.50 before a more sustained recovery can be expected. In the longer run, USD appears to have moved into a range trading phase between 143.50 and 146.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/JPY
Fxstreet
Wed, Jun 25
Forex
Russian rouble flat vs US dollar, ignoring oil volatility
MOSCOW, June 25 (Reuters) - The Russian rouble was flat against the U.S. dollar as well as China's yuan on Wednesday, ignoring volatility in the oil market related to the conflict between Israel and Iran. By 0950 GMT, the rouble RUB= traded at 78.35 per U.S. dollar, according to LSEG data...
Reuters
Wed, Jun 25
Other
Alvotech SA Says Study Shows Equivalence And Safety Of AVT23 To Xolair
June 25 (Reuters) - Alvotech SA ALVO.O:POSITIVE TOP LINE RESULTS FROM CONFIRMATORY EFFICACY STUDY FOR PROPOSED BIOSIMILAR TO XOLAIR® (OMALIZUMAB)ALVOTECH SA - STUDY SHOWS EQUIVALENCE AND SAFETY OF AVT23 TO XOLAIRALVOTECH SA - MAA FILING WITH EMA EXPECTED BEFORE YEAR-END
Reuters
Wed, Jun 25
Indices
US Dollar Index (DXY) returns above 98.00 as investors digest the Middle East truce
The US Dollar is trading with minor gains on Wednesday, trimming losses after a nearly 1.30% decline on the previous two days.
Fxstreet
Wed, Jun 25
Other
Rocket Lab To Launch Electron Mission For European Space Agency’S Next-Generation Navigation System
June 25 (Reuters) - Rocket Lab USA Inc RKLB.O:ROCKET LAB TO LAUNCH ELECTRON MISSION FOR EUROPEAN SPACE AGENCY’S NEXT-GENERATION NAVIGATION SYSTEMROCKET LAB USA INC - WILL LAUNCH TWO "PATHFINDER A" SPACECRAFT FOR ESA, PROVIDED BY EUROPEAN SATELLITE PRIME CONTRACTORS THALES ALENIA SPACE AND GM...
Reuters
Wed, Jun 25
Stocks
BREAKINGVIEWS-Thames Water mess may yet yield hedge-fund payday
By Neil Unmack LONDON, June 25 (Reuters Breakingviews) - Thames Water seems like an asset nobody wants. It desperately needs to cut debt and raise fresh equity, yet its current shareholders have deemed it “uninvestable”. Recent bidder KKR walked away. Perhaps surprisingly, this apparent mess coul...
Reuters
Wed, Jun 25
Forex
AUD/USD: Taking cues from USD, risk sentiment – OCBC
Australian Dollar (AUD) slipped modestly in early trade after May CPI came in lower at 2.1% y/y (vs. expectations of 2.3%). AUD was last seen at 0.65 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
AUD/USD
Fxstreet
Wed, Jun 25
Forex
NZD/USD: Expected to trade in a range – UOB Group
New Zealand Dollar (NZD) is expected to trade in a range against US Dollar (USD), most likely between 0.5975 and 0.6040.
NZD/USD
Fxstreet
Wed, Jun 25
Cryptocurrencies
Bitcoin News: Konsolidierung kurz vor dem Ausbruch
Bitcoin zeigt erneut ein bekanntes Muster, das in der Vergangenheit oft Vorläufer für starke Kursbewegungen war. Seit knapp 200 Tagen läuft eine ausgeprägte Konsolidierungsphase, die sich technisch als bullische Flagge oder auch als symmetrisches Dreieck beschreiben lässt. Der Kursverlauf mit tiefer...
Bitcoinist
Wed, Jun 25
Other
Pakistan says to conclude trade talks with U.S. next week
KARACHI, June 25 (Reuters) - Pakistan and the U.S. have resolved to conclude trade talks next week, the South Asian nation's finance ministry said on Wednesday, after a meeting between its Finance Minister Muhammad Aurangzeb and Commerce Secretary Howard Lutnick.
Reuters
Wed, Jun 25
Stocks
Could Berkshire Hathaway Stock Double By 2030, Even Without Warren Buffett?
Warren Buffett recently announced that he'll be stepping down as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) at the end of 2025, handing the reins to Vice Chairman Greg Abel. This has caused many investors to wonder if the company is still worth owning, with the post-Buffett era on the hor...
The Motley Fool
Wed, Jun 25
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