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Stocks
Copper miners gain on softer dollar, US debt concerns
** Shares of copper miners up, tracking prices of the red metal** Benchmark three-month copper CMCU3 on the London Metal Exchange up 0.1% at $9,528 a metric ton at 1615 GMT (12:15 p.m. ET)** Copper prices edged higher as investors spooked by growing U.S. debt levels looked for hard assets as the dol...Reuters
Wed, May 21
Cryptocurrencies
Tesla staff shouldn’t suffer for Musk’s politics, says Brandenburg Minister
Workers at Tesla Inc. should not suffer because of Elon Musk’s controversial involvement in politics, Daniel Keller, the economy minister for Brandenburg, said in an interview. Brandenburg is home to Tesla’s only European factory. Bloomberg reported that Keller warned against letting the company’s 11,000 staff pay for the chief executive’s personal views. The plant in […]Cryptopolitan
Wed, May 21
Stocks
LIVE MARKETS-Is the transportation canary singing a song about recession?
Nasdaq gains, S&P 500 slips, Dow declinesHealthcare weakest S&P sector; Comm Svcs leads gainersDollar down; crude slips; gold up; bitcoin rises >2%U.S. 10-Year Treasury yield rises to ~4.54%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can ...Reuters
Wed, May 21
Commodities
US Cash Grains-Basis bids mostly steady-higher at corn ethanol plants, soy processors
CHICAGO, May 21 (Reuters) - Spot basis bids were mostly steady to higher at U.S. Midwest ethanol plants and soybean crush plants on Wednesday as rising processing rates boosted demand for crops while farmer sales remained light, grain merchants said.Spot basis bids for corn and soy delivered to inte...Reuters
Wed, May 21
Other
CORRECTED-FOCUS-Importers race to turn US warehouses into tariff-free zones
Bonded warehouses offer tariff flexibility amid trade policy volatilityApplications for bonded status face delays, costs vary by location and security needsDemand for bonded space surges, but future tariff changes pose risksBy Richa Naidu and Arriana McLymore LONDON/NEW YORK, May 21 (Reuters) - C...Reuters
Wed, May 21
Cryptocurrencies
BREAKING: Historic $109,500 Bitcoin High: Here’s What Analysts Predict Next
On Wednesday, the market’s leading cryptocurrency, Bitcoin (BTC), surged by more than 3% to a new all-time high (ATH), fueled by the market’s strong buying pressure experienced over the last month. According to Coin Metrics data, the Bitcoin price climbed beyond the $109,000 level, reach...Bitcoinist
Wed, May 21
Other
Product safety commission members sue Trump administration over terminations
By Mike Scarcella May 21 (Reuters) - Three Democratic members of the U.S. Consumer Product Safety Commission sued the Trump administration on Wednesday, alleging their terminations were unlawful.Commissioners Mary Boyle, Alexander Hoehn-Saric and Richard Trumka Jr filed their lawsuit in the feder...Reuters
Wed, May 21
Commodities
List of bidders in Citgo auction narrows, remaining groups to sweeten terms
Elliott not expected to submit bid in this phase of competitionOffer financing, payment pacts key to providing assurance of completing dealCompanies working to improve aspects of their offersCitgo's performance, parallel lawsuit affecting valuations in auction's final roundBy Marianna Parrag...Reuters
Wed, May 21
Other
US may bolster consular services, employ AI to meet World Cup visa demand, says Rubio
By Simon Lewis and Patricia Zengerle WASHINGTON, May 21 (Reuters) - The Trump administration is considering putting consular officers on double shifts and employing artificial intelligence to surge processing of visas ahead of the World Cup next year, U.S. Secretary of State Marco Rubio told lawm...Reuters
Wed, May 21
Stocks
Cipher Mining declines following $150 million convertible bonds offering
** Shares of bitcoin miner Cipher Mining CIFR.O fall as much as 11.6%; last down 5.2% at $3.59** CIFR announced late on Tuesday that it had priced its public offering of $150 million of five-year convertible bonds ** Proceeds will be use to complete phase-1 of its Black Pearl data center project and...Reuters
Wed, May 21
Other
Trump plays alleged South African genocide videos during meeting with Ramaphosa
WASHINGTON, May 21 (Reuters) - President Donald Trump asked White House staff to play videos allegedly pertaining to the genocide in South Africa during his meeting with President Cyril Rampahosa.Ramaphosa, who sat quietly watching these videos, later said, "I'd like to know where that is be...Reuters
Wed, May 21
Commodities
Europe Gasoline/Naphtha-Gasoline profit margins on brisk trading
LONDON, May 21 (Reuters) - Northwest European gasoline profit margins rose by around 50 cents to $14.99 a barrel on Wednesday despite an unexpected rise in U.S. inventories as trading activity picked up.A total of 8,000 metric tons of Eurobob E5 barges traded in the Argus window with Trafigura and G...Reuters
Wed, May 21
Commodities
EU wheat extends gains to one-month high in short-covering wave
PARIS, May 21 (Reuters) - Euronext wheat rose for a second session on Wednesday to a one-month peak as the breaching of chart resistance and weather concerns in Northern Hemisphere production belts fuelled more short-covering after recent price lows.Benchmark September milling wheat BL2U5 on Paris-b...Reuters
Wed, May 21
Other
Trump says he doesn't expect "anything" to come of South Africa's ICJ case against Israel
WASHINGTON, May 21 (Reuters) - U.S. President Donald Trump told reporters on Wednesday he does not "expect anything" to come of South Africa's International Court of Justice case against Israel.Trump was speaking alongside South African President Cyril Ramaphosa at the White House.Reuters
Wed, May 21
Stocks
GLOBAL MARKETS-Stocks mixed, dollar dips; Trump tax bill adds to US fiscal concerns
U.S. stocks mixed in early trading; S&P 500 down slightlyTax-cut bill fuels further federal deficit concernsJapanese bonds in focus after steep selloff on TuesdayInvestors concerned about report of Israel preparing strike on Iran By Caroline Valetkevitch, Lawrence White NEW YORK/LONDON, May 2...Reuters
Wed, May 21
