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EU, China tackle trade issues ahead of leaders' summit
By Leigh Thomas and Julia Payne PARIS, June 4 (Reuters) - The European Union's trade chief on Wednesday said Brussels and Beijing were working hard to address issues in their trade relationship ahead of a July summit, as Europe joined a chorus of alarm over China's stranglehold on critica...Reuters
Wed, Jun 4
Cryptocurrencies
Coinbase CEO: US Debt Might See Bitcoin Take on the Dollar, New Crypto Will Soar
There’s clear concern in the financial world right now, especially with the US national debt skyrocketing to an eye-watering $37 trillion and the US dollar on shaky legs. On top of this, the US government faces significant interest payments, together costing roughly $684B per year. Meanwhile, the US...Bitcoinist
Wed, Jun 4
Stocks
Wells Fargo shares hit three-month high as Fed ends growth freeze
Fed board voted unanimously to lift the seven-year restrictionShares up 10% this year vs 5% rise in S&P 500 banks indexFed decision a major victory to CEO Charlie Scharf By Shashwat Chauhan and Joel Jose June 4 (Reuters) - Shares of Wells Fargo WFC.N rose more than 2% on Wednesday after the ...Reuters
Wed, Jun 4
Other
ILS manager Tangency hires weather risk specialist Finas
By Henry GaleJune 4 - (The Insurer) - Bernard Finas, founder of specialist parametric broker Jola, has joined ILS investment manager Tangency Capital, he said in a LinkedIn post on Wednesday.Finas is now a senior analyst at Tangency Capital, which he joined in October according to his LinkedIn profi...Reuters
Wed, Jun 4
Other
USTR Greer says he had constructive trade talks with EU's Sefcovic
June 4 (Reuters) - U.S. Trade Representative Jamieson Greer said his meeting with European Union trade commissioner Maros Sefcovic in Paris on Wednesday was very constructive and that he observed a willingness by the EU to work with the Trump administration on tariffs.“Today's meeting in Paris, ...Reuters
Wed, Jun 4
Other
German cabinet approves $52 bln corporate tax relief package
Tax relief package approved to boost economy from 2025 to 2029It includes depreciations, corporate tax cuts to spur investmentEmphasis on economic strength, investment incentives -KlingbeilBy Maria Martinez BERLIN, June 4 (Reuters) - The German cabinet approved a 46 billion-euro ($52 billion) tax...Reuters
Wed, Jun 4
Economic Indicator
Amid Gaza war, Israel defence exports jump 13% in 2024 to record $15 bln
JERUSALEM, June 4 (Reuters) - Israel's defence exports rose 13% in 2024 to a record of nearly $15 billion, led by missiles, rockets and air-defence systems with over half the deliveries going to European militaries, the government said on Wednesday.Military exports, the Defence Ministry said in ...Reuters
Wed, Jun 4
Cryptocurrencies
Bitcoin futures trading takes off on Russia’s Moscow Stock Exchange
Russia’s biggest stock exchange has kicked off Bitcoin futures trading for the first time, with the Moscow Exchange confirming that qualified investors can now access crypto-linked derivatives starting Wednesday, according to TASS. This opens a tightly regulated path for large investors to bet on Bitcoin’s price without directly owning the coin itself. The exchange said […]Cryptopolitan
Wed, Jun 4
Other
Golf-Spanish amateur who peed in creek at Masters joins LIV Golf
June 4 (Reuters) - Spanish amateur Josele Ballester, who made headlines in April after peeing on the famed Augusta National course during the first round of the Masters, has joined LIV Golf as a member of the Fireballs, the Saudi-funded circuit said on Wednesday.The 21-year-old reigning U.S. Amateur...Reuters
Wed, Jun 4
Stocks
Did Broadcom Just Send a Warning to Nvidia Stock Investors?
In today's video, I discuss recent updates affecting Broadcom (NASDAQ: AVGO) and other semiconductor companies. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of June 3, 2025. The video was publis...The Motley Fool
Wed, Jun 4
Economic Indicator
CORRECTED-Canada's services PMI rises to 3-month high in May as confidence improves
By Fergal Smith TORONTO, June 4 (Reuters) - The downturn in Canada's services economy eased somewhat in May as firms grew more hopeful that trade and political uncertainty would become less of a drag on activity over the coming 12 months, S&P Global's Canada services PMI data showed o...Reuters
Wed, Jun 4
Stocks
Why Is Everyone Talking About Costco Stock?
Costco (NASDAQ: COST) operates on extremely narrow profit margins, yet it generates one of the highest inventory turnover ratios in its industry.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used ...The Motley Fool
Wed, Jun 4
Economic Indicator
Global PMIs: Front-loaded factory output unwinds – Standard Chartered
Manufacturing PMIs deteriorated at a faster rate in May versus April amid fading boost from front-loading. Coincident indicators were downbeat, but the US-China tariff truce helped to improve outlook.Fxstreet
Wed, Jun 4
Stocks
Dollar Tree down after forecasting sharp drop in second-quarter earnings
** Shares of discount retailer Dollar Tree DLTR.O down as much as 10.2% at $86.89 in early trading** Co estimates Q2 adjusted earnings per share from continuing operations that excludes its Family Dollar business to be down as much as 45% to 50% on cost pressures, including higher tariffs, compared ...Reuters
Wed, Jun 4
Other
Pakistan 'ready but not desperate' for talks with India, says foreign minister
By Asif Shahzad ISLAMABAD, June 4 (Reuters) - Pakistan is "ready but not desperate" for talks with arch-rival India, its foreign minister said on Wednesday, underlining the lack of a thaw in relations between the nuclear-armed neighbours following their worst military conflict in decades....Reuters
Wed, Jun 4
Stocks
Dollar Tree forecasts weak second-quarter profit on tariff uncertainty
June 4 (Reuters) - Discount store operator Dollar Tree DLTR.O forecast its second-quarter adjusted profit to be down as much as 50% from a year ago, accounting for cost pressures due to tariffs and the pending Family Dollar sale. The Donald Trump administration's rollercoaster tariff sw...Reuters
Wed, Jun 4
