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US Treasury chief dismisses Moody's downgrade amid Trump tax cut debate
WASHINGTON, May 18 (Reuters) - Treasury Secretary Scott Bessent on Sunday dismissed Moody's downgrade of the U.S. sovereign credit rating, saying the Trump administration would ensure U.S. economic growth outpaced its debt and pointing to recent pledges of Middle East investment."I don't...
Reuters
Sun, May 18
Other
South Korea's presidential candidates face off in fiery debate
Debate came ahead of snap election on June 3Poll is to choose successor to Yoon Suk Yeol who was impeached over martial law declaration Frontrunner Lee Jae-myung is main opposition Democratic Party's candidateBy Hyunsu Yim SEOUL, May 18 (Reuters) - South Korea's presidential candidates fa...
Reuters
Sun, May 18
Stocks
Prediction: This Beaten-Down Stock Could Double in The Next 5 Years
Despite making significant clinical progress, CRISPR Therapeutics (NASDAQ: CRSP) has been struggling financially in the past three years. The company's shares are down by 24% over this period, while the S&P 500 has gained 41%. The gene-editing specialist has, no doubt, faced some headwinds.However, ...
The Motley Fool
Sun, May 18
Other
Zelenskiy meets U.S. Vice President Vance, says source in Ukrainian delegation
KYIV, May 18 (Reuters) - Ukraine's President Volodymyr Zelenskiy met U.S. Vice President JD Vance and Secretary of State Marco Rubio on the sidelines of Pope Leo's inauguration on Sunday, a source in the Ukrainian delegation told Reuters.It was the first meeting between Zelenskiy and Vance s...
Reuters
Sun, May 18
Other
REFILE-INSIGHT-Trump's Gulf tour reshapes Middle East diplomatic map
Trump's Gulf tour sidelines Netanyahu, marks new Middle East order Netanyahu's stance on Gaza, US-Iran talks creates rift with USMassive arms and financial deals signal US pivot to wealthy Gulf Domestic critics say Netanyahu's policies leave Israel paralysedBy Samia Nakhoul, James Macke...
Reuters
Sun, May 18
Commodities
Oman extends exploration and production agreement with Occidental Petroleum
CAIRO, May 18 (Reuters) - Oman's energy and minerals ministry has amended and extended an exploration and production agreement for Block 53 with U.S. company Occidental Petroleum OXY.N until 2050, Oman News Agency reported on Sunday.It said the agreement was worth an estimated 11.5 billion Omani...
Reuters
Sun, May 18
Cryptocurrencies
Bitcoin Price Could Be Preparing For Fresh Wave Of Volatility — Here’s Why
The Bitcoin price action over the weekend has been quite sluggish, reflecting the indecision and fatigue seemingly hovering over the cryptocurrency market at the moment. After a dour performance during the week, the premier cryptocurrency has continued to trade within the $92,000 – $95,000 ran...
NewsBTC
Sun, May 18
Stocks
1 Beaten-Down, Trillion-Dollar Artificial Intelligence (AI) Stock to Buy on the Dip
Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) shares are down by 12% this year, partly due to being swept up in broader market volatility. However, the company has faced issues of its own. The stock could remain volatile in the short run, and developments could disrupt the company's dominance in the sea...
The Motley Fool
Sun, May 18
Stocks
Actually, Walmart's Q1 Report Was Better Than It Seems
With nothing more than a passing glance, it would be easy to come to a bearish conclusion about Walmart (NYSE: WMT). The world's biggest brick-and-mortar retailer topped its first-quarter earnings estimates, but its reported profits technically fell year over year. The company also cautioned shareho...
The Motley Fool
Sun, May 18
Stocks
It's Time to Invest in "America's Copper Champion"
While the tariff situation remains dynamic, one thing is crystal clear: The current administration wants to support domestic provision of key metals and minerals, including copper. That's excellent news for Freeport-McMoRan (NYSE: FCX), which calls itself "America's Copper Champion." Here's why the ...
The Motley Fool
Sun, May 18
Other
Russia plans to launch intercontinental ballistic missile on Sunday, Kyiv says
KYIV, May 18 (Reuters) - Ukrainia's military intelligence agency said that Russia was planning to conduct a "training and combat" launch of an intercontinental ballistic missile late on Sunday to intimidate Ukraine and the West.The GUR agency said in a statement on the Telegram app that ...
Reuters
Sun, May 18
Cryptocurrencies
Bitcoin Eyes $120K as BTC Bull Token Presale Heats Up
Bitcoin is back in beast mode. After months of chop and doubt, $BTC has flipped the narrative with a powerful V-shaped recovery that has it trading above $103K. Market sentiment has turned sharply bullish, and it’s not just crypto-native voices shouting ‘to the moon.’ Big money is flowing in. Analys...
Bitcoinist
Sun, May 18
Other
Motor racing-Haas seek clarification from FIA on Bearman's qualifying lap
IMOLA, Italy, May 18 (Reuters) - Haas have asked Formula One's governing body for written clarification of a decision that consigned Oliver Bearman to last place on the starting grid for Sunday's Emilia-Romagna Grand Prix.Bearman would have made the second phase of qualifying but had his fas...
Reuters
Sun, May 18
Stocks
7 No-Brainer Dividend Growth Stocks to Buy Right Now
While many investors chase fleeting market trends, dividend growth investing offers something far more valuable. Namely, compounding wealth through businesses that pay you to own them. Moreover, elite dividend growth stocks, defined as those with five-year dividend growth rates above 6% and payout r...
The Motley Fool
Sun, May 18
Stocks
Is ChargePoint Stock a Buy Now?
The electric vehicle (EV) market is still in its infancy in the U.S., with plenty of room for small companies to stake a claim and establish themselves as key players. ChargePoint Holdings (NYSE: CHPT) is trying to do just that with its EV chargers, but it's been an uphill battle for the company ami...
The Motley Fool
Sun, May 18
Stocks
One of the Best Space Stocks Just Reported a Big Change, and Its Stock Popped 35% in 1 Day
Every so often, you're right about a stock, and it makes you nervous about how long you can keep on being right. That's kind of how I feel looking at Intuitive Machines (NASDAQ: LUNR) stock right now.Back at the start of the month, if you recall, I said Intuitive Machines stock was a buy and could p...
The Motley Fool
Sun, May 18
Other
South Korea's presidential frontrunner says no need to rush trade agreement with US
SEOUL, May 18 (Reuters) - South Korea's frontrunner presidential candidate Lee Jae-myung said during the first presidential TV debate on Sunday there is no need to rush to reach a trade agreement with the United States.Seoul is holding trade talks with Washington and is seeking a waiver from the...
Reuters
Sun, May 18
Stocks
3 Tech Stocks Destined to Drive Wealth Now and for Years to Come
Investors can often simplify their investment choices by buying stock in established, wealth-building companies. Such stocks tend to offer investors more safety, and this approach is especially beneficial when a stock has not approached the end of its high-growth years.Fortunately, the market offers...
The Motley Fool
Sun, May 18
Cryptocurrencies
Bitcoin Shows Relative Weakness Against Stocks – Pause Or Warning Sign?
After a quiet weekend of low volatility, Bitcoin is preparing for a decisive move. Price action has consolidated into a tight range between $100,000 and $105,000—historically a setup that precedes massive breakouts or sharp corrections. Bulls remain in control for now, but the momentum is fragile an...
Bitcoinist
Sun, May 18
Other
Four European leaders aim to speak with Trump before his call with Putin, Merz says
May 18 (Reuters) - German Chancellor Friedrich Merz said on Sunday that he, along with the leaders of Britain, France and Poland, aimed to speak with Donald Trump ahead of the U.S. president's planned call with Russia's Vladimir Putin on Monday.Merz said he had discussed the issue with U.S. ...
Reuters
Sun, May 18
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