News
Important Only
Stocks
How to Tell if You're Ready to Start Collecting Social Security
Getting old isn't always pleasant. Various body parts, like your knees, may start failing you, and your hearing and memory may not be what they used to be. But there are plenty of things to look forward to as you age, such as grandchildren, senior citizen discounts, Medicare, and Social Security.Soc...The Motley Fool
Wed, May 14
Other
As a young priest in Peru, Pope Leo XIV survived a bomb threat and charmed locals
By Alexander Villegas and Marco Aquino CHULUCANAS, Peru, May 14 (Reuters) - Hector Camacho remembers Robert Prevost, set to be formally inaugurated as Pope Leo XIV on Sunday, as a young jeans-wearing missionary from Chicago with broken Spanish, landing in Peru at a time when the country was being...Reuters
Wed, May 14
Other
Novo Nordisk strikes $2.2 billion deal with Septerna to develop new obesity treatments
COPENHAGEN, May 14 (Reuters) - Novo Nordisk has struck a collaboration and licensing deal with U.S. biotech Septerna to develop oral small molecule medicines for obesity, type 2 diabetes and other cardio-metabolic diseases that could be worth up to $2.2 billion for Septerna, they said on Wednesday. ...Reuters
Wed, May 14
Other
AI infrastructure firm TensorWave raises $100 million in latest funding
May 14 (Reuters) - TensorWave, a Las Vegas-based startup, announced on Wednesday that it has secured $100 million in the latest funding round, as it aims to capitalize on the rapidly expanding AI infrastructure market.The company, however, did not disclose the valuation at which the funding was rais...Reuters
Wed, May 14
Commodities
GRAINS-Soybeans hit nine-month high on biofuel and trade hopes
By Ella Cao and Gus Trompiz BEIJING/PARIS, May 14 (Reuters) - Chicago soybean futures extended gains on Wednesday to a nine-month high as a proposal to extend a U.S. biofuel tax credit and a truce in a U.S.-China trade dispute boosted hopes that this will be positive for demand.Chicago wheat and ...Reuters
Wed, May 14
Economic Indicator
Bangladesh to receive $1.3 billion from IMF as reform deal reached
DHAKA, May 14 (Reuters) - The International Monetary Fund (IMF) is set to release $1.3 billion to Bangladesh in June, after completing a fourth review of its $4.7-billion loan programme and a key breakthrough in talks on exchange rate reforms, the finance ministry said.The funds, covering both the f...Reuters
Wed, May 14
Stocks
CANADA STOCKS-TSX futures flat after six-day rally on trade optimism
May 14 (Reuters) - Futures for Canada's main stock index were subdued on Wednesday after a strong rally, fueled by easing global trade tensions and soft U.S. inflation data, as investors look forward to further developments in trade deals.June futures on the S&P/TSX index .SXFcv1 were down 0...Reuters
Wed, May 14
Other
German property bank PBB to shun new US business, citing Trump volatility
Company says US is too risky under Donald TrumpAll options on the table for current US businessFirst-quarter profit slips 17% year-on-yearLender wants to shift focus away from commercial propertyBy Tom Sims and Alexander Hübner FRANKFURT, May 14 (Reuters) - Deutsche Pfandbriefbank PBBG.DE, one of...Reuters
Wed, May 14
Stocks
Cboe Global falls after Morgan Stanley double downgrades to 'underweight'
** Shares of derivatives exchange operator Cboe Global Markets CBOE.Z fall 1.9% to $216.13 premarket** Morgan Stanley double downgrades CBOE to "underweight" from "overweight"; cuts PT to $215 from $256, a 2.4% downside to stock's last close** Brokerage says sooner and better-tha...Reuters
Wed, May 14
Stocks
Aurora Innovation slides on Uber $1 bln exchangeable notes sale
** Shares of self-driving technology maker Aurora Innovation AUR.O slide 17.5% to $6.04 premarket after stockholder Uber Technologies UBER.N secures capital raise** San Francisco, California-based ride-hailing firm late Tues announced pricing $1 bln 0% 3-yr exchangeable notes offering** The notes wi...Reuters
Wed, May 14
Other
CMA launches probe into Aviva's 3.7 billion pound Direct Line takeover
By Ryan HewlettMay 14 - (The Insurer) - Britain's antitrust watchdog has launched an investigation into London-listed Aviva’s planned 3.7 billion pound ($4.9 billion) takeover of rival Direct Line Insurance Group.The Competition and Markets Authority confirmed on Wednesday that it would probe th...Reuters
Wed, May 14
Forex
AUD/USD climbs as Australian wage growth beats expectations
The Australian Dollar (AUD) strengthened further against the US Dollar (USD) on Wednesday, with the AUD/USD pair rising close to the 0.6500 psychological level, up nearly 2% so far this week, buoyed by a combination of weaker US Consumer Price Index (CPI) data and stronger-than-expected wage growth
Fxstreet
Wed, May 14
Economic Indicator
NZD/USD: RBNZ to keep cutting in May – ING
Another 25bp rate cut by the Reserve Bank of New Zealand on 28 May seems likely. Markets are fully pricing it in, following the RBNZ’s previous indications that growth remains a major concern, ING's FX analysts Francesco Pesole and Chris Turner note.
Fxstreet
Wed, May 14
Other
German cabinet due to agree 2026 draft budget in July, says finance minister
BERLIN, May 14 (Reuters) - Germany's draft budget for 2026 should be approved by the cabinet in July and be passed by parliament in September, Finance Minister Lars Klingbeil said on Wednesday. The budget for 2025 should also be passed by parliament in September, ending the provisional budget. ...Reuters
Wed, May 14
Economic Indicator
USD/CNH: Likely to trade sideways between 7.1850 and 7.2100 – UOB Group
US Dollar (USD) is likely to trade sideways between 7.1850 and 7.2100. In the longer run, renewed downward momentum suggests 7.1700 is back in sight, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, May 14
Forex
USD/JPY plummets below 146.00 as soft US CPI data batters Greenback
The USD/JPY pair plunges to near 145.80 during European trading hours on Wednesday. The pair faces a sharp sell-off as the US Dollar (USD) has been hit hard by the soft United States (US) Consumer Price Index (CPI) data for April.
Fxstreet
Wed, May 14
Stocks
Is Lucid Group a Millionaire-Maker Stock?
Lucid Group (NASDAQ: LCID) has a stock price of $2.51 and a market capitalization of just $7.7 billion, making it one of the smallest players in the U.S. electric vehicle (EV) space. However, if they exceed the market's expectations, smaller companies have more potential than larger ones to generate...The Motley Fool
Wed, May 14
