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Commodities
FACTBOX-Auto companies face shortages due to China's rare earth restrictions
June 5 (Reuters) - Automakers and their suppliers are facing shortages due to restrictions on Chinese exports of rare earths, minerals and magnets, an issue that has forced some to shut down production of certain models.Rare earth magnets are used in motors that run electric vehicles and other car p...Reuters
Thu, Jun 5
Stocks
US STOCKS-Wall Street dips as Tesla falls, investors focus on jobs data
Indexes down: Dow 0.3%, S&P 500 0.21%, Nasdaq 0.16%MongoDB rises after upbeat annual forecastChewy falls on Jefferies downgradeInitial jobless claims rose for second straight weekTrump, Xi hold talks, Xinhua reportsBy Kanchana Chakravarty and Sukriti Gupta June 5 (Reuters) - U.S. stocks d...Reuters
Thu, Jun 5
Other
State Department shifts $250 million from refugee aid to 'self-deportations'
Transferred funds to Department of Homeland SecurityDHS to use money for 'self-deportations'Funds historically aided refugeesBy Jonathan Landay WASHINGTON, June 4 (Reuters) - The U.S. State Department has moved $250 million to the Department of Homeland Security for voluntary deportations...Reuters
Thu, Jun 5
Cryptocurrencies
CBO says Trump’s Big Beautiful bill adds $2.4 trillion to debt – GOP calls it a coordinated attack
The Congressional Budget Office (CBO) said on Wednesday that Trump’s “One Big Beautiful Bill” would increase the US federal deficit by $2.4 trillion over ten years. The proposal, a centerpiece of his domestic agenda, includes over $3.7 trillion in tax cuts and $1.3 trillion in spending reductions, but the math isn’t lining up. The nonpartisan […]Cryptopolitan
Thu, Jun 5
Cryptocurrencies
AEON Integrates TRON Network to Enable Seamless In-Store Payments
Singapore – June 5, 2025 – AEON, the next-generation crypto framework built for payments, has integrated the TRON network to enable seamless in-store payments. Through AEON Pay, users can now transact using TRX, the native utility token of the TRON network. USDT and USDD on TRON for offline payments are also included to bring fast […]Cryptopolitan
Thu, Jun 5
Stocks
CANADA STOCKS-TSX edges higher amid US-China trade talks and upcoming jobs data
By Sanchayaita Roy June 5 (Reuters) - Canada's main stock index rose on Thursday amid choppy trading, as investors assessed news of U.S.-China tariff negotiations and awaited key jobs data from both home and the United States.The Toronto Stock Exchange's S&P/TSX composite index .GSPT...Reuters
Thu, Jun 5
Economic Indicator
TREASURIES-US yields slip after data as trade talks eyed
Yields fall after jobless claims, productivity dataTrump-Xi phone talks boost market sentimentTwo-year yield tests 50-day moving averageBy Chuck Mikolajczak NEW YORK, June 5 (Reuters) - U.S. Treasury yields were slightly lower on Thursday in a choppy session, as a drop after a round of economic d...Reuters
Thu, Jun 5
Other
Citadel CEO worried by rising cost of US default insurance
By Carolina Mandl and Davide Barbuscia NEW YORK, June 5 (Reuters) - Citadel's founder and CEO Ken Griffin said on Thursday it is "unfathomable" that a financial instrument to protect against an eventual U.S. default is being priced at levels close to some European countries."I nev...Reuters
Thu, Jun 5
Other
US announces pick for NATO's next Supreme Allied Commander
US nominates Air Force Lieutenant General Alexis GrynkewichNomination expected to relieve NATO allies, requires Senate confirmationTrump pressures NATO allies to raise defense spending to 5% of GDPHegseth optimistic about NATO defense spending increases progressBy Phil Stewart, Idrees Ali and Lili B...Reuters
Thu, Jun 5
Other
RT Specialty recruits Derigiotis to lead new Detroit office
By Chris MunroJune 5 - (The Insurer) - RT Specialty has hired former Flow Specialty executive David Derigiotis to lead its newly opened Detroit office.Derigiotis has joined the specialty wholesale unit of Ryan Specialty as executive vice president and office president.Described by RT Specialty as “a...Reuters
Thu, Jun 5
Other
Kimberly-Clark sells majority stake in international tissue unit to Brazil's Suzano
Kimberly-Clark to hold 49% stake in new joint ventureSuzano to pay $1.73 bln for remaining 51% stakeDeal to reduce Kimberly-Clark's exposure to volatile input costsBy Anuja Bharat Mistry June 5 (Reuters) - Kimberly-Clark KMB.N on Thursday struck a deal with Brazilian pulp maker Suzano SUZB3.S...Reuters
Thu, Jun 5
Stocks
LIVE MARKETS-Robinhood prime candidate to join S&P 500 in rebalance, BofA says
Main US indexes down modestlyStaples weakest S&P sector; Comm Svcs best performerEuro STOXX 600 index off ~0.2%; ECB cuts 25 bpsDollar down; bitcoin slips; gold up; crude gains ~1.2%US 10-Year Treasury yield flat at ~4.37%Welcome to the home for real-time coverage of markets brought to you by Re...Reuters
Thu, Jun 5
Economic Indicator
How EU takes bigger defence role is main Europe-US issue, Costa says
Costa emphasizes EU need for increased defence responsibilityTrade disputes seen as distraction from defence issuesEU should coordinate spending for collective defence, Costa saysBy Jan StrupczewskiBRUSSELS, June 5 (Reuters) - The main issue in relations between the European Union and the United Sta...Reuters
Thu, Jun 5
Stocks
Micron shares rise as Mizuho raises price target
** Micron Technology's MU.O shares are up 3.5% at $106.86 on Thurs after Mizuho analysts raised their price target on the chip maker's stock** MU is on track for the highest close since Jan. 22** Chips index .SOX is down 0.2% on the session** MU's earnings will benefit from increased shi...Reuters
Thu, Jun 5
Stocks
Should You Buy the Dip on XRP?
Heading into 2025, XRP (CRYPTO: XRP) was the hottest crypto on the planet. But after hitting a 52-week high of $3.39 in January, XRP has fizzled out. It's now down 35% from its 2025 peak, and investors are understandably concerned.Is now the time to buy the dip on XRP? Or is your money better spent ...The Motley Fool
Thu, Jun 5
Other
CANADA RESEARCH ROUNDUP-Dollarama , National Bank of Canada , RBC
June 5 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Dollarama, National Bank of Canada and RBC on Thursday. HIGHLIGHTS * Dollarama Inc DOL.TO: Canaccord Genuity raises target price to C$178.00 from C$168.00* National Bank of Canada...Reuters
Thu, Jun 5
Other
Jury to start deliberating in Harvey Weinstein rape retrial
Weinstein faces up to 25 years in prison if convictedFormer Hollywood mogul charged with rape, criminal sex actsWeinstein currently serving 16-year sentence on separate convictionBy Jack Queen and Jody Godoy NEW YORK, June 5 (Reuters) - Jurors in Harvey Weinstein’s rape and sexual assault retrial...Reuters
Thu, Jun 5
Other
Gaza doctors give their own blood to patients after scores gunned down seeking aid
By Olivia Le Poidevin GENEVA, June 5 (Reuters) - Doctors in the Gaza Strip are donating their own blood to save their patients after scores of Palestinians were gunned down while trying to get food aid, the medical charity Doctors Without Borders (MSF) said on Thursday.Around 100 MSF staff protes...Reuters
Thu, Jun 5
