News
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Cryptocurrencies
German court strikes down bid to stop Meta from using IG, Facebook data for AI
Verbraucherzentrale NRW, a state-funded consumer protection organization based in Germany, has failed in its legal attempt to prevent Meta Platforms from using public user data from its social media platforms, Instagram and Facebook, to train its artificial intelligence models following a court ruling on Friday, May 23. The consumer rights group had requested an injunction […]Cryptopolitan
Fri, May 23
Indices
Dow Jones Industrial Average declines on Friday as fresh tariff threats emerge
The Dow Jones Industrial Average (DJIA) saw stiff losses during the Friday market session The major equity index declined 780 points top-to-bottom and tapped 41,200 before a slow crawl back to the 41,750 region.Fxstreet
Fri, May 23
Forex
CANADA FX DEBT-Canadian dollar hits 7-month high after upbeat retail sales data
Canadian dollar gains 1% against the greenbackTouches its strongest since October 10 at 1.3712Retail sales rise 0.8% in March10-year yield eases 1.5 basis points to 3.360%By Fergal Smith TORONTO, May 23 (Reuters) - The Canadian dollar strengthened to a seven-month high against its U.S. counterpar...Reuters
Fri, May 23
Other
US, Iran teams meet for two hours in Rome
WASHINGTON, May 23 (Reuters) - U.S. special envoy Steve Witkoff held more than two hours of talks with an Iranian delegation in Rome on Friday about Tehran's nuclear program and agreed to meet again in the near future, a senior U.S. official said."The talks continue to be constructive – we m...Reuters
Fri, May 23
Other
India to discuss with security agencies IndiGo's Turkish Airlines partnership
By Abhijith Ganapavaram NEW DELHI, May 23 (Reuters) - India will discuss with security agencies IndiGo's codeshare and leasing pacts with Turkish Airlines and decide on further action, its civil aviation minister said on Friday.The move follows growing public anger in India against Turkey'...Reuters
Fri, May 23
Cryptocurrencies
Scott Bessent says Trump is pushing to strip Harvard’s tax-exempt status
Treasury Secretary Scott Bessent said on Friday that President Trump is now actively moving to take away Harvard University’s tax-exempt status, escalating the federal government’s confrontation with the elite school. Speaking during a live interview with Bloomberg, Scott claimed that Harvard might have violated rules required to keep its tax privileges. “We will see if […]Cryptopolitan
Fri, May 23
Stocks
FACTBOX-Inside U.S. nuclear energy landscape as Trump seeks to fast-track reactor approvals
May 23 (Reuters) - U.S. President Donald Trump on Friday directed the country's independent nuclear regulator to ease rules and accelerate approvals for new reactors and power plants, aiming to cut licensing timeline from several years to just 18 months.The move was part of a series of executive...Reuters
Fri, May 23
Other
Tennis-Italian Cobolli to face Rublev in Hamburg final
HAMBURG, Germany, May 23 (Reuters) - Italy's Flavio Cobolli came from a set down to battle past Tomas Etcheverry of Argentina and reach the Hamburg Open final with a 2-6 7-5 6-4 win on Friday.With the French Open starting on Sunday, Cobolli dug deep to come from 3-1 behind in the second set befo...Reuters
Fri, May 23
Other
TREASURIES-Yields ease on growth concerns as Trump threatens more tariffs
Trump threatens tariffs on Apple iPhones and on EU importsConcerns over government spending and inflation weigh on sentimentBond market to be closed Monday for U.S. holidayBy Karen Brettell May 23 (Reuters) - Longer-dated U.S. Treasury yields fell on Friday after President Donald Trump said h...Reuters
Fri, May 23
Cryptocurrencies
From $0.03 to $0.30? MUTM’s Price Potential for the Next Phase Is Catching Attention Fast
In a market where attention often chases volatility, some tokens are quietly building a case for explosive growth based on structure, strategy, and substance. Mutuum Finance (MUTM) is one of those few emerging projects that isn’t relying on hype to gain traction — it’s doing the work behind the scenes to prepare for long-term relevance. […]Cryptopolitan
Fri, May 23
Other
Trump says his tariffs on Apple will also apply to Samsung
WASHINGTON, May 23 (Reuters) - U.S. President Donald Trump said on Friday that a 25% tariff he says he will impose on Apple will also apply to Samsung and other smartphone makers.Trump, talking to reporters in the Oval Office, also said he was fine with leaving a 50% tariff in place on the European ...Reuters
Fri, May 23
Other
US Justice Department reaches deal with Boeing to allow planemaker to avoid prosecution
WASHINGTON, May 23 (Reuters) - The U.S. Justice Department said on Friday it has struck a deal in principle with Boeing to allow it to avoid prosecution in a fraud case stemming from two fatal 737 MAX plane crashes that killed 346 people.The agreement allows Boeing BA.N to avoid being branded a conv...Reuters
Fri, May 23
Commodities
Amazon.com is sued over alleged sale of contaminated rice
By Jonathan Stempel May 23 (Reuters) - Amazon.com AMZN.O was sued on Friday by consumers over its alleged sale of a wide variety of rice contaminated by arsenic and other "heavy metals."The proposed class action in Seattle federal court covers 18 types of rice sold through Amazon, includi...Reuters
Fri, May 23
Stocks
Nuclear Energy Stocks Soar as Trump Prepares Executive Order
Reuters has reported that President Trump is planning to sign an executive order to speed up the permitting and construction of nuclear energy power plants in the U.S. as early as today. The market didn't ask questions and simply bid up nuclear stocks today.As a result, anything related to nuclear e...The Motley Fool
Fri, May 23
Commodities
PRECIOUS-Gold rises over 2% on safe-haven flows after Trump's renewed tariff threats
Trump recommends tariffs on European Union, AppleU.S. dollar down 0.9%Platinum hits 2-year high Silver, palladium log weekly gains By Sarah Qureshi and Ashitha Shivaprasad May 23 (Reuters) - Gold prices rose more than 2% on Friday and logged their best week in six, as investors sought the safe-ha...Reuters
Fri, May 23
Cryptocurrencies
Bitcoin, altcoins decline as President Trump issues fresh tariff threats on EU and Apple
Bitcoin (BTC) and the broader crypto market halted their positive run on Friday, with the top crypto dropping below $110,000 following new tariff threats from United States (US) President Donald Trump on the European Union (EU) and Apple.
Other
Aon promotes Reeve-Tucker as head of facultative reinsurance for Latin America
By Isha MaratheMay 23 - (The Insurer) - Aon has promoted Luke Reeve-Tucker to head of facultative reinsurance for Latin America, effective May 27.In his new role, he will be responsible for overseeing strategy, client engagement and solution development across both the Caribbean, which he previousl...Reuters
Fri, May 23
