News
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Economic Indicator
WRAPUP 1-Fed officials beat the policy patience drum as tariff uncertainty persists
Fed officials cautious on rate policy outlook amid trade uncertaintyAtlanta Fed's Bostic says rate cut still possible this yearFed's Cook says it's key to keep inflation expectations checked By Michael S. Derby NEW YORK, June 3 (Reuters) - Federal Reserve officials on Tuesday argued a...Reuters
Tue, Jun 3
Other
EU antitrust regulators escalate Visa, Mastercard probe, documents show
By Foo Yun Chee BRUSSELS, June 3 (Reuters) - EU antitrust regulators are asking retailers and payments companies whether a standardized summary of fees by Visa V.N and Mastercard MA.N and more transparency on the charges would address their concerns, according to documents seen by Reuters.The lat...Reuters
Tue, Jun 3
Other
Liberal Lee Jae-myung wins South Korea presidency in martial law 'judgement day'
Election called after president ousted over martial lawLee leading with more than 49% after 99% of votes talliedMain conservative rival Kim Moon-soo conceded defeatNew leader faces challenge of healing polarised society, shielding economy from U.S. tariffsNearly 80% of 44.39 million eligible voters ...Reuters
Tue, Jun 3
Other
Family of Colorado fire-bomb suspect taken into ICE custody
Soliman acted alone, family cooperated with investigators, authorities sayAttack linked to outrage over Israel's Gaza offensiveSoliman delayed attack until daughter's graduation, court documents saySuspect learned to make fire bombs from YouTube, affidavits showBy Brad Brooks and Joseph Ax ...Reuters
Tue, Jun 3
Other
REFILE-Google taps top Obama Supreme Court lawyer for search antitrust appeal
By Jody Godoy and Mike Scarcella June 3 (Reuters) - Alphabet's Google GOOGL.O has hired Donald Verrilli Jr, the U.S. solicitor general during the Barack Obama administration, to appeal a judge's ruling that the tech titan has an unlawful monopoly in online search, Google confirmed on Tues...Reuters
Tue, Jun 3
Other
Paralympics-LA28 unveils venue plan for largest ever Paralympics
By Rory Carroll LOS ANGELES, June 3 (Reuters) - Events for the 2028 Los Angeles Paralympic Games will be held in downtown LA, Exposition Park, Venice Beach, Long Beach, Carson and Arcadia under the venue plan released by Games organizers LA28 on Tuesday.Like the LA Olympics, the Paralympics will ...Reuters
Tue, Jun 3
Indices
Dow Jones Industrial Average rises as markets hope for trade deals
The Dow Jones Industrial Average (DJIA) rose on Tuesday, bolstered by endless optimism in the tech sector. AI rally frontrunner Nvidia (NVDA) led a chip-based market advance, surpassing Microsoft’s market cap for the first time since January.Fxstreet
Tue, Jun 3
Other
US announces visa restrictions for central American government officials
WASHINGTON, June 3 (Reuters) - U.S. Secretary of State Marco Rubio on Tuesday announced visa restrictions for several unnamed central American government officials and their families for allegedly exploiting Cuban medical professionals. Rubio, who did not name the officials or the countries they are...Reuters
Tue, Jun 3
Commodities
ANALYSIS-South Korea's new leader to seek more time for US trade talks
Seoul to take wait-and-see stance on trade talks, sources sayOpen to extending deadline, unlikely to ask from the startJapan and China considered references for bargaining powerSouth Korea better positioned than peers to strike favourable deal, analysts sayBy Jihoon Lee and Cynthia Kim SEOUL, Jun...Reuters
Tue, Jun 3
Other
Rubio discussed Ukraine-Russia talks in call with Turkish foreign minister, US State Department says
June 3 (Reuters) - U.S. Secretary of State Marco Rubio discussed supporting direct negotiations between Russia and Ukraine to stop the war in Ukraine in a call with Turkish Foreign Minister Hakan Fidan on Tuesday, the U.S. State Department said.Rubio and Fidan also discussed the steps the United Sta...Reuters
Tue, Jun 3
Economic Indicator
TREASURIES-Longer-dated US yields slip after data as trade talks eyed
Investors await updates on tariff talks and budget negotiationsLabor market data shows job openings rise, but layoffs also increaseFed officials indicate patient approach, possible rate cuts this yearBy Chuck Mikolajczak NEW YORK, June 3 (Reuters) - Longer-dated U.S. Treasury yields dipped on Tue...Reuters
Tue, Jun 3
Stocks
Why Cameco Stock Is Moving Higher Today
Shares of Cameco (NYSE: CCJ) are moving up on Tuesday. The company's stock had moved up 2.8% as of 2:26 p.m. ET, but was up as much as 4.8% earlier in the day. The movement comes as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.4% and 0.6%, respectively.Uranium...The Motley Fool
Tue, Jun 3
Other
Basketball-Knicks fire Thibodeau after Eastern Conference defeat
NEW YORK, June 3 (Reuters) - The New York Knicks have fired head coach Tom Thibodeau, the team said on Tuesday, days after they were eliminated in game six of the Eastern Conference Finals against the Indiana Pacers. Thibodeau led New York to the playoffs in four out of the five seasons he was in ch...Reuters
Tue, Jun 3
Forex
Forex Today: Further US hard data and the BoC meeting grab all the attention
After bottoming out in fresh multi-week troughs, the US Dollar (USD) managed to regain composure and advance markedly on turnaround Tuesday. The recovery, however, did not offset concerns over the impact of Trump’s tariffs on the US economy and global trade.
Fxstreet
Tue, Jun 3
Other
US airlines want FAA to delay secondary flight deck barrier requirement
June 3 (Reuters) - Major airlines want the Federal Aviation Administration to delay a requirement set to take effect in August requiring that new passenger airplanes have a secondary barrier to the flight deck to prevent intrusions, the agency said on Tuesday.Airlines for America, the trade group re...Reuters
Tue, Jun 3
Other
NEWSMAKER-South Korea's Lee Jae-myung rides martial law momentum to presidency
Democratic Party nominee wins June 3 voteCriminal charges threatened Lee's eligibility for officeYoon accused Lee of obstruction in justifying martial lawLee survived being stabbed in the neck in 2024Could shift policies on North Korea, China, businessBy Josh Smith SEOUL, June 4 (Reuters) - L...Reuters
Tue, Jun 3
Commodities
ANALYSIS-South Korea's new leader to seek more time for US trade talks
Seoul to take wait-and-see stance on trade talks, sources sayOpen to extending deadline, unlikely to ask from the startJapan and China considered references for bargaining powerSouth Korea better positioned than peers to strike favourable deal, analysts sayBy Jihoon Lee, Hyunjoo Jin and Cynthia Kim ...Reuters
Tue, Jun 3
Other
FACTBOX-South Korea new leader Lee Jae-myung's policy pledges
SEOUL, June 4 (Reuters) - South Korea's newly elected President Lee Jae-myung has vowed political and economic reforms to help the country recover from the shock of December's brief martial law.Here are some of the main policy proposals put forward by Lee and his party:ECONOMYThe Democratic ...Reuters
Tue, Jun 3
