News
Important Only
Economic Indicator
Fed's Barr says economy on solid footing, trade dispute clouds outlook
WASHINGTON, May 15 (Reuters) - The U.S. economy is on solid footing with inflation heading to the central bank's 2% target, but trade policies have clouded the outlook, Federal Reserve Governor Michael Barr said on Thursday."The economy is on solid footing, with solid growth, low and stable ...Reuters
Thu, May 15
Commodities
US EPA to rule on backlog of small refinery biofuel exemption requests, Zeldin says
About 161 applications await decisionsAction will affect market for renewable fuel creditsBig Oil, Farm Belt anticipate 2026 biofuel blending requirementsBy Stephanie Kelly and Jarrett Renshaw NEW YORK, May 15 (Reuters) - The Trump administration plans to rule quickly on dozens of small U.S. ...Reuters
Thu, May 15
Other
Thoma Bravo divests all its stake in exchange operator Nasdaq, source says
By Jaiveer Shekhawat and Pritam Biswas May 15 (Reuters) - Private equity firm Thoma Bravo has sold its remaining stake in Nasdaq NDAQ.O for approximately $3.4 billion in two separate transactions, a source familiar with the matter told Reuters on Thursday.A block of approximately 25.5 million sha...Reuters
Thu, May 15
Cryptocurrencies
Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month
A surprise wave of cash crashed into the crypto world, jolting prices and waking up sidelined investors. In just three weeks, over $35 billion flowed into digital coins. Numbers like that don’t come along every day. It feels like a fresh breeze after a long drought. Related Reading: XRP Frenzy Build...NewsBTC
Thu, May 15
Cryptocurrencies
Cardano Founder Targets Crypto’s ‘Three Demons’ With Midnight Network
In an appearance at Consensus 2025, Charles Hoskinson, founder of Cardano and CEO of Input Output, outlined what he considers the three existential threats—or “demons”—that must be vanquished for the crypto industry to achieve meaningful, global adoption: privacy, economic fragmentation, and what he...Bitcoinist
Thu, May 15
Other
Canada 19-day cash management bill auction yields average 2.735%
May 15 (Reuters) - CANADA 19-DAY CASH MANAGEMENT BILL AUCTION YIELDS AVERAGE 2.735%Source text: https://www.bankofcanada.ca/markets/government-securities-auctions/calls-for-tenders-and-results/cash-management-bills/Reuters
Thu, May 15
Cryptocurrencies
Coinbase says it strongly believes US SEC investigation should not continue
May 15 (Reuters) - Coinbase COIN.O said on Thursday it strongly believes a regulatory investigation by the U.S. securities regulator into its disclosures of monthly transacting users should not continue.The statement follows a New York Times report that said the U.S. Securities and Exchange Commissi...Reuters
Thu, May 15
Other
Soccer-US will welcome international fans for World Cup, says FIFA president
By Javier LeiraASUNCION, May 15 (Reuters) - The world will be welcomed to the United States for the 2026 World Cup and this year's Club World Cup, FIFA President Gianni Infantino said on Thursday, days after a meeting with officials from U.S. President Donald Trump's administration.The U.S. ...Reuters
Thu, May 15
Indices
Dow Jones gains ground as PPI beat boosts investor confidence
The Dow Jones Industrial Average (DJIA) pared early-week losses and rose about 200 points on Thursday. Equities were bolstered by a better-than-expected Producer Price Index (PPI) inflation print that showed upstream inflation effects are still cooling at a faster rate than initially expected.Fxstreet
Thu, May 15
Other
BREAKINGVIEWS-Walmart can discount tariffs only so much
By Jennifer Saba NEW YORK, May 15 (Reuters Breakingviews) - Walmart WMT.N wheeled its trolley cart right into President Donald Trump’s ankles. The largest U.S. retailer and a bellwether for consumers said on Thursday that tariffs would force it to raise prices, just a month after it expressed co...Reuters
Thu, May 15
Cryptocurrencies
Coinbase Chief Legal Officer Says Reported SEC Investigation Is A Hold-Over From Prior Administration
May 15 (Reuters) - Coinbase Global Inc COIN.O:COINBASE CHIEF LEGAL OFFICER: REPORTED SEC INVESTIGATION IS A HOLD-OVER FROM PRIOR ADMINISTRATION ABOUT A METRIC WE STOPPED REPORTING 2.5 YEARS AGOCOINBASE CHIEF LEGAL OFFICER - VERIFIED USERS METRIC INCLUDES ANYONE WHO VERIFIED THEIR EMAIL ADDRESS OR PH...Reuters
Thu, May 15
Other
Newark mayor's lawyers to seek dismissal of trespass charge, say arrest was targeted
By Karen FreifeldNEWARK, New Jersey, May 15 (Reuters) - Lawyers for Newark, New Jersey Mayor Ras Baraka said on Thursday they would file motions to dismiss a charge that he had trespassed at a privately run federal immigration detention center there last week.Baraka, who is running for the Democrati...Reuters
Thu, May 15
Other
Trump says he's likely returning to Washington Friday but destination unknown
May 15 (Reuters) - U.S. President Donald Trump said on Thursday that he will probably return to Washington on Friday after a tour of three Gulf countries, although he said his destination is unknown as of yet.Trump earlier had hinted that he could stop in Istanbul for talks on Ukraine. "We'l...Reuters
Thu, May 15
Other
Rubio says Russia-Ukraine talks at 'logjam,' Trump-Putin meeting needed for breakthrough
By Humeyra PamukANTALYA, Turkey, May 15 (Reuters) - U.S. Secretary of State Marco Rubio said on Thursday the only way a breakthrough will happen in the efforts to end Russia's war in Ukraine would be through direct talks between President Donald Trump and Russian President Vladimir Putin, after ...Reuters
Thu, May 15
Stocks
BREAKINGVIEWS-Foot Locker deal calls for some fancy footwork
By Sebastian Pellejero NEW YORK, May 15 (Reuters Breakingviews) - Dick’s Sporting Goods DKS.N is taking a dangerous step. The U.S. retailer of everything from golf clubs to soccer balls agreed to buy sneaker chain Foot Locker FL.N for $2.4 billion, expanding its presence internationally and givi...Reuters
Thu, May 15
Other
Trump, UAE leader spoke with Nvidia's Huang in Abu Dhabi
ABU DHABI, May 15 (Reuters) - U.S. President Donald Trump and UAE President Sheikh Mohamed bin Zayed Al Nahyan held a conversation with Nvidia NVDA.O CEO Jensen Huang at a palace in Abu Dhabi on Thursday that lasted at least several minutes, live television footage showed. After their conversation c...Reuters
Thu, May 15
Other
Turkish foreign minister to meet Russian negotiator in Istanbul, ministry says
ANKARA, May 15 (Reuters) - Turkish Foreign Minister Hakan Fidan will meet with a delegation headed by Vladimir Medinsky, adviser to Russian President Vladimir Putin, in Istanbul on Thursday evening, a ministry spokesperson said.Reuters
Thu, May 15
Commodities
US Cash Grains-Spot corn basis flat to up at river terminals, steady to down at processors
CHICAGO, May 15 (Reuters) - Spot basis bids for corn were mostly steady to higher at U.S. Midwest river terminals on Thursday, and flat to down at processors. Spot basis bids for soybeans were steady to higher at river terminals. The corn basis rose by 3 cents at a river terminal in Davenport, Iowa ...Reuters
Thu, May 15
