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Trump signals possible Iran talks, says “anything could happen” in Mideast
US President Donald Trump said that he would have a meeting in an hour, to discuss the Iran-Isreal conflict, and reaffirmed that Iran should have made a deal. He added that if Iran wants to come to the White House, he may do that.Fxstreet
Wed, Jun 18
Other
Lawsuit challenges FTC authority over 'unsubstantiated' advertising claims
By Mike Scarcella June 18 (Reuters) - Hygiene products maker Xlear sued the U.S. Federal Trade Commission on Wednesday, accusing the agency of overstepping its authority to regulate false and deceptive advertising by requiring advertisers to "substantiate" claims about their products. Xle...Reuters
Wed, Jun 18
Commodities
Oil settles higher as Iran-Israel conflict enters sixth day
US involvement in Israel-Iran conflict could risk energy infrastructureStrait of Hormuz disruption could push oil prices to $120US crude stocks fall by more than expected, EIA data showsBy Stephanie Kelly NEW YORK, June 18 (Reuters) - Oil prices settled higher on Wednesday in a volatile session a...Reuters
Wed, Jun 18
Economic Indicator
US rate futures bolster September, October rate cut chances after Fed decision
By Gertrude Chavez-Dreyfuss NEW YORK, June 18 (Reuters) - Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, raised the odds the Federal Reserve would resume cutting interest rates at the September meeting, with a roughly 64% probability.Prior to...Reuters
Wed, Jun 18
Other
Soccer-Man City show squad depth in 2-0 Club World Cup win over Wydad
By Fernando KallasPHILADELPHIA, June 18 (Reuters) - Manchester City showcased their impressive squad depth in a 2-0 victory over Morocco’s Wydad Casablanca in the Club World Cup on Wednesday, with manager Pep Guardiola rotating his team and resting key players.Goals from Phil Foden and Jeremy Doku ...Reuters
Wed, Jun 18
Other
Trump says he has not made a final decision yet on Iran
WASHINGTON, June 18 (Reuters) - U.S. President Donald Trump said on Wednesday he has not made a decision on how to proceed on Iran and that he will hold a meeting later in the day in the White House Situation Room.Trump said Iran wants to meet and the U.S. side "may do that." He said Israel ...Reuters
Wed, Jun 18
Economic Indicator
Fed's Powell says central bank still has the needed data to do its work
By Michael S. DerbyJune 18 (Reuters) - Federal Reserve Chairman Jerome Powell said on Wednesday that amid signs of cutback in data collection, the central bank is still able to do what it needs to do. “The data we get right now, we can do our jobs. I'm not concerned that we can't do our jobs...Reuters
Wed, Jun 18
Commodities
US natgas prices climb 4% to 10-week high on lower output, higher demand
Hot weather to boost power generator gas burnsEnd of LNG plant maintenance to boost LNG feedgasEnergy firms add 95 bcf of gas to storage last weekBy Scott DiSavino June 18 (Reuters) - U.S. natural gas futures jumped about 4% to a 10-week high on Wednesday on a slightly smaller-than-expected w...Reuters
Wed, Jun 18
Other
Mosaic launches climate solution for oil and gas well remediation
By Mia MacGregorJune 18 - (The Insurer) - Mosaic Insurance has launched a climate solution aimed at supporting companies in North America with the remediation of abandoned and orphaned oil and gas wells. Mosaic’s environmental team has developed a hybrid pollution product designed to mitigate risks ...Reuters
Wed, Jun 18
Economic Indicator
Fed's Powell says monetary policy is 'modestly restrictive'
By Michael S. DerbyJune 18 (Reuters) - Federal Reserve Chairman Jerome Powell said on Wednesday that monetary policy still needs to impose some restraint on the economy given where inflation stands. The current level of interest rates--the Fed's target range rests between 4.25% and 4.5%--is "...Reuters
Wed, Jun 18
Other
AmRisc adds to commercial E&S property offerings with Calais reciprocal launch
By Chris MunroJune 18 - (The Insurer) - AmRisc has added to its coastal commercial E&S property insurance capabilities with the launch of Calais Reciprocal Insurance Exchange, a startup backed by $100 million of capital provided by Stone Point Capital and CD&R, among others.Calais is domicil...Reuters
Wed, Jun 18
Other
Tennis-Third seed Pegula tumbles out of Berlin Open, Sabalenka's match suspended
BERLIN, June 18 (Reuters) - Aryna Sabalenka was a set up against Switzerland's Rebeka Masarova at the Berlin Open on Wednesday when the match was suspended due to slippery conditions, as the world number one started her grasscourt season less than two weeks after her French Open final loss. ...Reuters
Wed, Jun 18
Other
Lavoro Reaches Out-Of-Court Restructuring Agreement With Key Suppliers
June 18 (Reuters) - Lavoro Ltd LVRO.O:LAVORO REACHES OUT-OF-COURT RESTRUCTURING AGREEMENT WITH KEY SUPPLIERS AND REPORTS CERTAIN PRELIMINARY UNAUDITED FINANCIAL INFORMATION FOR SECOND QUARTER OF FISCAL 2025LAVORO LTD - WITHDRAWS FY2025 GUIDANCELAVORO LTD - EJ PLAN CATEGORIZES SUPPLIERS INTO CREDITOR...Reuters
Wed, Jun 18
Economic Indicator
Fed's Powell cautions little conviction in forecasted rate outlook
By Michael S. DerbyJune 18 (Reuters) - Federal Reserve Chairman Jerome Powell cautioned on Wednesday not to place too much stock in the central bank's interest rate forecasts, which could change based on incoming data, especially on the inflation front. On a day when the Fed reiterated its expec...Reuters
Wed, Jun 18
Cryptocurrencies
Stablecoins market cap hits an all-time high of $256 billion
The total stablecoins market capitalization surged to an all-time high on Wednesday, data shows that the coins recorded $256 billion, up 22% this year. This surge has been fueled by the US Senate’s approval of the GENIUS Act by a 68-30 vote, marking the first major crypto bill to pass the Senate. Although it still […]Cryptopolitan
Wed, Jun 18
Cryptocurrencies
Bitcoin Futures Data Shows Mild Bearish Pressure – Bulls Still In Control?
Bitcoin continues to navigate a turbulent macro and geopolitical landscape, holding strong above the crucial $104,000 support level despite facing heightened volatility. The recent escalation of the conflict between Israel and Iran has injected a fresh wave of uncertainty into global markets, with g...Bitcoinist
Wed, Jun 18
Cryptocurrencies
Market Volatility Shakes PEPE Price, But Buyers Aim For Breakout
Pepe (PEPE), the meme token that surged on viral momentum, is facing increased volatility as market dynamics turn bearish. Over the past six days, PEPE has dropped nearly 20%, testing its key support level at $0.000010. The dip has thrown the crypto sphere into concern as whale movement gained pace, and derivatives data indicated an […]Cryptopolitan
Wed, Jun 18
Cryptocurrencies
New Challenger to Cardano’s (ADA) $1 Mark? Analysts Believe Ruvi AI (RUVI) Might Beat it Post Exchange Listing
Cardano (ADA) has been a driving force in the cryptocurrency world, with its innovative approach to blockchain scalability and sustainability. But as its price continues to hover near the $1 milestone, a new contender is entering the arena. Meet Ruvi AI (RUVI), an emerging blockchain-AI project that analysts predict could surpass the $1 mark post-exchange […]Cryptopolitan
Wed, Jun 18
