News
Important Only
Economic Indicator
Traders stick bets Fed will wait until September to cut rates
June 17 (Reuters) - Futures contracts that settle to the Federal Reserve's policy rate on Tuesday stuck to bets the U.S. central bank will wait until September to resume interest rate cuts, after the Commerce Department reported retail sales fell more than expected last month.Traders see only ab...Reuters
Tue, Jun 17
Stocks
LIVE MARKETS-Iran-Israel face-off could turn Tehran's oil card into market kryptonite
U.S. stock futures point to lower openRetail sales -0.9% vs -0.7% estSTOXX 600 down 0.6%Dollar, gold ~flat; bitcoin down ~3%; crude up ~1.5%10-year U.S. Treasury yield dips to ~4.40%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts...Reuters
Tue, Jun 17
Economic Indicator
US retail sales fall sharply in May
WASHINGTON, June 17 (Reuters) - U.S. retail sales dropped more than expected in May, weighed down by a decline in motor vehicle purchases as a rush to beat potential tariffs-related price hikes ebbed, but consumer spending remained supported by solid wage growth. Retail sales fell 0.9% last m...Reuters
Tue, Jun 17
Economic Indicator
US Retail Sales decline by 0.9% in May vs -0.7% expected
Retail Sales in the United States (US) declined by 0.9% in May to $715.4 billion, the US Census Bureau announced on Tuesday. This reading followed the 1.5% decrease (revised from +0.1%) recorded in April and came in worse than the market expectation for a contraction of 0.7%.Fxstreet
Tue, Jun 17
Other
FloodFlash enters US homeowners market
By Henry GaleJune 17 - (The Insurer) - Parametric MGA FloodFlash recently sold its first homeowners insurance policy in the U.S., co-founder and CEO Adam Rimmer said in a LinkedIn post on Monday.FloodFlash's parametric coverage, which uses on-site sensors to measure flood depth and trigger payou...Reuters
Tue, Jun 17
Other
DIARY-Political and General News Events from June 17
June 17 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY --------...Reuters
Tue, Jun 17
Other
Resilience appoints Dressler to lead risk operations centre
By Mia MacGregorJune 17 - (The Insurer) - Cyber insurtech Resilience has appointed Colonel Judson Dressler to lead its risk operations centre (ROC). In his new role, Dressler will spearhead the expansion of the ROC, which is a proprietary risk intelligence and threat-hunting capability.Dressler joi...Reuters
Tue, Jun 17
Other
Coralogix Raises $115 Million E Round At Over $1 Billion Valuation
June 17 (Reuters) - CORALOGIX: CORALOGIX: RAISES $115 MILLION E ROUND AT OVER $1 BILLION VALUATION TO ADVANCE AI-POWERED OBSERVABILITY; ANNOUNCES NEW AI AGENT “OLLY”CORALOGIX: E ROUND LED BY NEW VIEW CAPITAL, WITH PARTICIPATION OF CANADA PENSION PLAN INVESTMENT BOARD AND NEXTEQUITYReuters
Tue, Jun 17
Other
KFC parent Yum Brands' finance chief Chris Turner to take over as CEO
June 17 (Reuters) - Yum Brands YUM.N said on Tuesday its finance chief Chris Turner will take over as its CEO from October 1, succeeding company veteran David Gibbs. The company had said in March Gibbs would retire in 2026 after about 37 years at the KFC and Taco Bell parent, during which he ...Reuters
Tue, Jun 17
Cryptocurrencies
Wild XRP Prediction: Crypto Founder Sees $10K Price Tag—Here’s When
According to Digital Ascension Group’s Managing Director Jake Claver, XRP could reach a price level that brings a dramatic shift in how value moves on its network. He argues that higher token prices make the system more efficient. Claver even lays out a bold target of $10,000 per XRP, and he says th...NewsBTC
Tue, Jun 17
