News
Important Only
Economic Indicator
Goolsbee: Businesses craving consistency in whipsaw tariff environment - CNBC
WASHINGTON, May 23 (Reuters) - U.S. firms want consistency in trade policy before making big investment or other decisions, with President Donald Trump's new threat of 50% tariffs on European Union imports a "scary" proposition for supply chains, Chicago Fed President Austan Goolsbee sai...Reuters
Fri, May 23
Other
Motor racing-Leclerc fastest for Ferrari in Monaco after collision with Stroll
By Alan Baldwin MONACO, May 23 (Reuters) - Charles Leclerc smashed into the back of Lance Stroll's Aston Martin before giving himself an early boost with the fastest lap for Ferrari in first practice for his home Monaco Grand Prix on Friday.Last year's winner from pole position clocked th...Reuters
Fri, May 23
Cryptocurrencies
XRP’s $5 Dream Ride Hinges On This One Chart Setup – Analyst
Ripple’s token XRP jumped to $2.44 Thursday, climbing 1.80% in under three hours. Traders who thought the rally was over got a surprise. Suddenly, talk of a fresh push above the $3.4 barrier is back in play. Related Reading: Bitcoin Goes Corporate In Indonesia With $100 Million Treasury Shift Golden...NewsBTC
Fri, May 23
Forex
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.4% higher at C$1.3795 to the greenback, or 72.49 U.S. cents, after trading in a range of 1.3795 to 1.3863.Canadian government 10-year bond yields CA10YT...Reuters
Fri, May 23
Stocks
1 Growth Stock Down 56% to Buy Right Now
Amid volatility and competition, conglomerates in the e-commerce business have delivered considerable returns to investors over the years. Amazon, which was a pioneer in the e-commerce and cloud computing industries, is arguably the best example of this growth.On the other side of the world, Sea Lim...The Motley Fool
Fri, May 23
Other
South Africa proposes workaround for communication multinationals to adhere to local ownership laws
By Olivia Kumwenda-Mtambo and Nqobile Dludla JOHANNESBURG, May 23 (Reuters) - South Africa has announced draft policy recognising alternatives to Black ownership requirements, which could encourage Elon Musk's Starlink and other communications companies to operate in the country.South Africa&...Reuters
Fri, May 23
Other
German rights group fails in bid stop Meta's data use for AI
May 23 (Reuters) - A German consumer rights group on Friday failed to win a court injunction to stop Meta Platforms META.O from training its artificial intelligence models with Facebook and Instagram user posts. The court in the western city of Cologne said it did not grant an injunction sought b...Reuters
Fri, May 23
Stocks
European luxury stocks drop after Trump recommends 50% tariff on EU goods
** Shares in several European luxury stocks fall 2-5% after U.S. President Donald Trump said he is recommending a straight 50% tariff on goods from the EU starting on June 1** By 1255 GMT, France's Hermes HRMS.PA falls 4.4%, Richemont CFR.S, LVMH LVMH.PA, Kering PRTP.PA and Christian Dior DIOR.P...Reuters
Fri, May 23
Stocks
LIVE MARKETS-Nasdaq composite gap may beckon after latest Trump tariff salvos
US equity index futures under pressure; S&P 500 down >1%Euro STOXX 600 index falls >1.5%Dollar down ~0.6%; crude off >1%; bitcoin down >2%; gold up ~2% US 10-Year Treasury yield falls to ~4.49%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. ...Reuters
Fri, May 23
Stocks
NYSE Content Advisory: Pre-Market update + Hinge Health, MNTN pop double digits in trading debuts
NEW YORK, May 23, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on May 23r...PR Newswire
Fri, May 23
Cryptocurrencies
Upgrade in the Solana Development Process May Trigger a Solaxy Rally
The Solana development process is progressing rapidly.and could see $SOL, Solana meme coins, and Layer 2 token Solaxy, ($SOLX) rally. It all started with Firedancer, Solana’s long-awaited new validator. Developed by Jump Crypto, and promising 1M TPS (Transactions-Per-Second), it was expected to impr...Bitcoinist
Fri, May 23
Other
Pakistan extends airspace ban for Indian airlines until June 24
May 23 (Reuters) - Pakistan extended its airspace closure for all Indian-owned or Indian-operated airlines until 4:59 a.m. local time on June 24, the Pakistan Airports Authority said in a statement on Friday.The restriction applies to "all aircraft registered, operated, owned, or leased by India...Reuters
Fri, May 23
Other
ASCENT-03 - Trodelvy Demonstrates Highly Statistically Significant & Clinically Meaningful Improvement in Progression Free Survival in Patients With First-line Metastatic Triple-Negative Breast Cancer Who Are Not Candidates for Checkpoint Inhibitors
May 23 (Reuters) - Gilead Sciences Inc GILD.O:ASCENT-03: TRODELVY® DEMONSTRATES HIGHLY STATISTICALLY SIGNIFICANT & CLINICALLY MEANINGFUL IMPROVEMENT IN PROGRESSION FREE SURVIVAL IN PATIENTS WITH FIRST-LINE METASTATIC TRIPLE-NEGATIVE BREAST CANCER WHO ARE NOT CANDIDATES FOR CHECKPOINT INHIBITORSG...Reuters
Fri, May 23
Stocks
GLOBAL MARKETS-Dollar, global stocks tumble as Trump launches Europe tariff bombshell
Trump labels the EU 'difficult to deal with' Dollar heads for first weekly loss in five weeks Gold, yen and government bonds rally on haven demand Apple shares knocked by direct new tariff threat 30-yr Treasury yields ease from highs, but still above 5%U.S. stock futures steady as tax-cuts o...Reuters
Fri, May 23
Other
Exclusive: Miller lines up NorthStandard's Taylor to lead direct P&I
By Michael JonesMay 23 - (The Insurer) - Miller has hired NorthStandard's Nick Taylor to lead its direct protection and indemnity broking unit, two senior market sources told The Insurer.One senior market source said Taylor would join Miller in September and report to its head of direct marine N...Reuters
Fri, May 23
Other
Deckers Outdoor drops after it scraps annual forecast
** Shares of Hoka-owner Deckers Outdoor DECK.N slump ~19% to $101.77 premarket ** Co says it would not provide annual targets due to tariff-related economic uncertainty ** It forecast Q1 net sales below estimates** Direct-to-consumer sales are expected to be pressured in FY26 Q1 but accelerate there...Reuters
Fri, May 23
Stocks
IT firm Booz Allen falls after forecasting full-year revenue, profit below estimates
** Shares of IT services and consulting firm Booz Allen Hamilton BAH.N fall 14.4% to $110.48 premarket** Company forecasts FY26 revenue at $12 billion to $12.5 billion and adjusted EPS at $6.20 to $6.55** Analysts on average are estimating annual revenue of $12.86 billion and profit of $6.87 per sh...Reuters
Fri, May 23
