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US Supreme Court reverses decision to rule on class action question
By Mike Scarcella June 5 (Reuters) - The U.S. Supreme Court on Thursday sidestepped resolving a major issue across class action litigation, turning aside an appeal that could have made it harder for plaintiffs lawyers to bring together groups of people to sue companies and others for alleged wron...Reuters
Thu, Jun 5
Other
Hamas chief says group did not reject US ceasefire proposal for Gaza, sought changes
June 5 (Reuters) - The head of Hamas in Gaza, Khalil al-Hayya, said in a pre-recorded speech on Thursday the group had not rejected the latest U.S. proposal for a ceasefire with Israel but demanded changes that would secure the end of the war in the enclave.The group was ready to engage in a new rou...Reuters
Thu, Jun 5
Stocks
Why EchoStar Bounced Back Today
EchoStar (NASDAQ: SATS) shares were bouncing back today, up 10% as of 2 p.m. ET.EchoStar's shares have been under severe pressure since the beginning of the year, but especially in the past week. That's because management decided to not make two separate interest payments on its debt, as it awaits a...The Motley Fool
Thu, Jun 5
Commodities
WTI Price Forecast: WTI Crude Oil holds gains above $62, momentum builds for further upside
West Texas Intermediate (WTI) crude oil extends its recovery on Thursday, building on early week gains as bulls capitalize on a bullish flag breakout. At the time of writing, WTI is trading around $62.80, up nearly 1.20% on the day, and slightly below the intraday high of $63.30.
Fxstreet
Thu, Jun 5
Other
Washington DC airport expected to close during Trump's Army parade, Washington Post reports
WASHINGTON, June 5 (Reuters) - Washington's Reagan National Airport is expected to close for up to four hours during U.S. President Donald Trump's June 14 Army anniversary parade, the Washington Post reported on Thursday.Reuters
Thu, Jun 5
Other
Autonomous truck startup Plus to go public in $1.2 billion deal with Michael Klein-backed SPAC
By Ateev Bhandari and Arasu Kannagi Basil June 5 (Reuters) - Self-driving truck startup Plus Automation will go public in the United States through a $1.2 billion merger with special purpose acquisition company Churchill Capital Corp IX CCIX.O, the companies said on Thursday. The mer...Reuters
Thu, Jun 5
Commodities
Oil settles up as US, China teams to meet following Trump, Xi trade call
Trump says in social media post US and Chinese teams to meet shortly US gasoline, distillate stocks post big weekly buildsSaudi Arabia cuts prices for Asian crude buyers to 2-month lowBearish economic outlook weighs on oil prices, analysts sayBy Georgina McCartney HOUSTON, June 5 (Reuters) - Oil ...Reuters
Thu, Jun 5
Commodities
Brazil's poultry exports fell in May, hit by bird flu case
BRASILIA, June 5 (Reuters) - Brazil's poultry exports fell in both value and volume in May from a year earlier, government data showed on Thursday, as trade restrictions following a bird flu case weighed on the sector.Herlon Brandao, director of Statistics and Foreign Trade Studies at the Minist...Reuters
Thu, Jun 5
Other
CORRECTED-BREAKINGVIEWS-New SPAC boom rhymes uncannily with the last one
By Jonathan Guilford NEW YORK, June 5 (Reuters Breakingviews) - The blank-check boom is revving up again, even without turbocharging from ultra-low interest rates and pandemic-era stimulus. Replacing 2020 and 2021 models like Nikola, Canoo and Fisker are ventures such as self-driving trucking te...Reuters
Thu, Jun 5
Other
US COVID vaccine recommendations sow confusion among doctors, insurers
Kennedy intervention sidestepped typical vaccine recommendation processPhysicians, insurers await clarity on COVID vaccine recommendationsHHS department overseen by Kennedy said move was within its authorityHHS confirms a CDC advisory panel will meet this month By Julie Steenhuysen and Amina Niasse ...Reuters
Thu, Jun 5
Other
WRAPUP 1-Tennis-Sabalenka downs holder Swiatek to set up French Open final with Gauff
World number one progresses in three setsSwiatek's reign in Paris comes to an endGauff swats aside French hope Boisson By Julien Pretot and Karolos Grohmann PARIS, June 5 (Reuters) - World number one Aryna Sabalenka battled past four-times champion Iga Swiatek to reach her first French Open ...Reuters
Thu, Jun 5
Stocks
Why Dollar Tree Stock Was Racing Higher on Thursday
Dollar Tree (NASDAQ: DLTR) stock was adding a few dollars to its stock price as the Thursday trading session approached closing time. Although investors weren't impressed by the quarterly earnings report the company posted the previous morning, sentiment improved thanks to price target raises -- and...The Motley Fool
Thu, Jun 5
Other
Retrofitting Qatari jet as Air Force One for Trump to cost hundreds of millions of dollars, Air Force says
WASHINGTON, June 5 (Reuters) - It will cost hundreds of millions of dollars to retrofit a Qatari luxury Boeing 747 jetliner to fly as the new Air Force One, Air Force Secretary Troy Meink said on Thursday.Last month, the U.S. military accepted the gift from Qatar to transport U.S. President Donald T...Reuters
Thu, Jun 5
Other
New SEC chief tells staff to nix bulleted emails about work activities
By Chris Prentice and Douglas Gillison NEW YORK/WASHINGTON, June 5 (Reuters) - The chairman of the U.S. Securities and Exchange Commission told staff Thursday they no longer need to send weekly emails detailing their work accomplishments from the previous week, according to two sources with knowl...Reuters
Thu, Jun 5
Other
Canada's Ontario province reports death of child from measles
TORONTO, June 5 (Reuters) - An infant infected with measles has died in southwestern Ontario, Canada, the province's chief medical officer of health said in a statement on Thursday.The death was the first caused by the contagious disease in Canada in 2025."An infant, born prematurely and inf...Reuters
Thu, Jun 5
Indices
Forex Today: Could Nonfarm Payroll figures save the US Dollar?
The Greenback bounced off its weekly lows of 98.35 as China’s media reported a call between US President Donald Trump and China’s President Xi Jinping. Both parties mentioned the call was good and focused on trade policies and rare earths.
Fxstreet
Thu, Jun 5
Cryptocurrencies
Top Crypto Pick: This AI Token Surges Ahead of Big Names Like Cardano (ADA)
The crypto world is hot and one token is flying under the radar. Ruvi AI (RUVI), an AI powered blockchain project, is outperforming big names like Cardano (ADA) in growth and adoption. For smart investors looking for the next big thing Ruvi AI has a strong case with its AI driven real world utility. Cardano’s […]Cryptopolitan
Thu, Jun 5
Cryptocurrencies
Bitcoin Still Dominates Value, But Lightchain AI Brings Utility and Intelligence to the Next Generation
Bitcoin continues to dominate the market in overall value, but Lightchain AI is setting a new standard for utility and intelligence in blockchain innovation. With $20.8 million raised and all 15 presale stages sold out, the project has entered its final Bonus Round—offering LCAI tokens at a fixed price of $0.007. As it approaches a […]Cryptopolitan
Thu, Jun 5
Forex
EUR/USD holds above 1.1440 as ECB cuts rates; focus shifts to US NFP data
EUR/USD holds onto earlier gains of over 0.20% after the European Central Bank (ECB) grabbed the headlines, reducing rates but leaving the door open for a pause at the upcoming July 24 meeting. At the time of writing, the pair trades at 1.1441 after bouncing off daily lows of 1.1404.Fxstreet
Thu, Jun 5
Other
Merz says he agreed to strengthen cooperation with White House on trade issues
WASHINGTON, June 5 (Reuters) - German Chancellor Friedrich Merz said he had a productive and good meeting with U.S. President Donald Trump at the White House on Thursday, and the two men agreed to strengthen cooperation on trade matters and other issues.Merz said he and Trump spoke at length about t...Reuters
Thu, Jun 5
