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Cryptocurrencies
Trump delays new sanctions on Russia to avoid disrupting possible peace talks with Putin
Donald Trump, speaking from the White House on Wednesday, told reporters he’s pressing pause on new sanctions against Russia, saying the decision is meant to keep negotiations alive with Russian President Vladimir Putin and not provoke him. The update came during a briefing in the Oval Office, where Trump said he needs about two weeks […]Cryptopolitan
Wed, May 28
Other
Judge denies US Copyright Office director's request to halt her firing
By Blake Brittain May 28 (Reuters) - A federal judge in Washington, D.C., on Wednesday rejected U.S. Copyright Office Director Shira Perlmutter's emergency bid to block the Trump administration from firing her.U.S. District Judge Timothy Kelly ruled during a hearing that Perlmutter had not sh...Reuters
Wed, May 28
Cryptocurrencies
Old Bitcoin Wakes Up As 1y–5y Holder Activity Spikes – What Are LTH Signaling?
After reaching a new all-time high of $112,000, Bitcoin is now consolidating just below this level, holding strong above the key $106,000 support zone. Despite short-term resistance, the broader structure remains bullish, with analysts expecting an impulsive move once BTC reclaims higher ground. Wit...Bitcoinist
Wed, May 28
Stocks
Why Box Stock Jumped Nearly 20% Today
Shares of Box (NYSE: BOX) surged as much as 19.7% higher on Wednesday, peaking around 1:30 p.m. ET. The cloud-based data storage and content management veteran reported robust first-quarter fiscal-year 2026 results on Tuesday evening. By 3:10 p.m. ET, the stock was up about 18% from the previous day...The Motley Fool
Wed, May 28
Commodities
US Plains HRW Wheat-Basis bids steady-higher as futures rebound
CHICAGO, May 28 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were steady to higher in the U.S. Plains on Wednesday as a bounce in futures prices and decent export demand encouraged some selling. U.S. crop ratings came in below market expectations, though prices remained within sight o...Reuters
Wed, May 28
Other
BP's Castrol unit draws interest from Apollo, India's Reliance, Bloomberg News reports
May 28 (Reuters) - BP's BP.L Castrol lubricants business is attracting interest from companies such as India's Reliance Industries RELI.NS, Bloomberg News reported on Wednesday, citing people familiar with the matter.The business has also attracted interest from buyout firms Apollo Global Ma...Reuters
Wed, May 28
Stocks
Why Booz Allen Hamilton Stock Fell Today
Shares of government technology consultancy Booz Allen Hamilton (NYSE: BAH) fell on Wednesday, down as much as 4.9% before recovering modestly to a 4% decline as of 1:37 p.m. ET.Booz Allen sold off by a double-digit number last Friday following its fiscal-fourth-quarter earnings release, before reco...The Motley Fool
Wed, May 28
Commodities
US natgas prices drop 6% on volatile contract expiration, talk of Freeport LNG reduction
US LNG export feedgas hit record high in AprilUS gas output hit record high in AprilUS gas storage about 4% over five-year normalBy Scott DiSavino May 28 (Reuters) - U.S. natural gas futures fell about 6% on Wednesday to a one-week low in volatile contract expiration trade, pressured by an ex...Reuters
Wed, May 28
Other
Trump tells US chip designers to stop selling to China, FT reports
May 28 (Reuters) - President Donald Trump's administration has ordered U.S. firms that offer software used to design semiconductors to stop selling their services to Chinese groups, the Financial Times reported on Wednesday, citing several people familiar with the move.Reuters
Wed, May 28
Other
Trump Orders US Chip Designers To Stop Selling To China - FT
May 28 (Reuters) - TRUMP ORDERS US CHIP DESIGNERS TO STOP SELLING TO CHINA - FTUS COMMERCE DEPARTMENT TOLD ELECTRONIC DESIGN AUTOMATION GROUPS, INCLUDING CADENCE, SYNOPSYS, SIEMENS EDA, TO STOP SUPPLYING THEIR TECHNOLOGY TO CHINA- FTSource text: [https://tinyurl.com/bdd2a3x2]Reuters
Wed, May 28
Commodities
Chevron terminates contracts, but will keep staff in Venezuela, sources say
Narrow authorization received by Chevron allows it to preserve assets, staffPDVSA expected to continue overseeing oilfield workersPDVSA also taking over sales of crude produced by joint ventures May 28 (Reuters) - Chevron CVX.N has terminated the oil production, service and procurement contracts ...Reuters
Wed, May 28
Commodities
Kuwait minister affirms support to efforts for stability of global oil markets, state news agency says
CAIRO, May 28 (Reuters) - Kuwaiti Minister Tariq Suleiman Al-Roumi affirmed on Wednesday the Gulf country's support to ongoing efforts to bolster the stability of global oil markets, the state news agency said.OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 ...Reuters
Wed, May 28
Cryptocurrencies
Elon Musk criticizes Trump's bill for undermining his DOGE cost-cutting efforts
Donald Trump made it clear from the White House on Wednesday that he has no regrets about his latest tax bill, even after sharp public complaints from his so-called best friend Elon Musk. The president brushed aside Elon’s criticism during a press briefing, saying the administration needed broad Republican backing in Congress to pass the […]Cryptopolitan
Wed, May 28
Forex
FOREX-Dollar gains on trade optimism, yen slips
Dollar gains for second day on trade optimismNvidia results may sway risk sentiment, dollar demandFed officials cite rising inflation, jobless risks in meeting minutesBy Karen Brettell NEW YORK, May 28 (Reuters) - The U.S. dollar was boosted for a second day on Wednesday on optimism that trade de...Reuters
Wed, May 28
Commodities
CORRECTED-Perpetua Resources receives additional funding for Stibnite project from US Army
May 28 (Reuters) - Mining company Perpetua Resources PPTA.O on Wednesday said it has been awarded up to $6.9 million in additional funding from the U.S. Army for its Idaho antimony and gold Stibnite project.The Pentagon-backed mine, which would be the country's first antimony project, has an est...Reuters
Wed, May 28
Other
Trump nominates Emil Bove to serve as 3rd Circuit appeals court judge
May 28 (Reuters) - U.S. President Donald Trump posted on Truth Social on Wednesday that he was nominating Emil Bove, a lawyer who previously defended Trump in a criminal case stemming from hush money paid to a porn star, to serve as a judge on the United States Court of Appeals for the Third Circuit...Reuters
Wed, May 28
Commodities
CBOT corn slips as planting progress moves quickly
CHICAGO, May 28 (Reuters) - Chicago Board of Trade's most-active July corn futures contract dipped down on Wednesday after a U.S. Department of Agriculture data release showing planting ahead of last week's number as well as the five-year average. CBOT July corn CN25 settled down 8-1/2 cents...Reuters
Wed, May 28
