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US Treasury says Trump intends to nominate McKernan for undersecretary role
May 9 (Reuters) - U.S. President Donald Trump intends to nominate Jonathan McKernan to serve as the undersecretary of domestic finance at the U.S. Department of the Treasury, the department said on Friday.McKernan previously served on the board of directors of the Federal Deposit Insurance Corporati...Reuters
Fri, May 9
Commodities
US oil and gas rig count falls to lowest since January, Baker Hughes says
By Scott DiSavino May 9 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output,...Reuters
Fri, May 9
Stocks
Canadian insurer Sun Life's shares rise after profit beat, US recovery
By Nivedita Balu TORONTO, May 9 (Reuters) - Sun Life Financial's SLF.TO shares rose more than 5% on Friday as the Canadian insurer topped analysts' profit estimates, powered by strong results in Asia and the United States, a key market where it has faced challenges. Sun Life's busines...Reuters
Fri, May 9
Stocks
Nvidia dips; co plans downgraded China chip
** Nvidia NVDA.O stock declining 0.9% on Fri after news of plans to release downgraded H20 AI chip for China due to U.S. export restrictions** The drop in NVDA compares to a 0.25% dip in the Nasdaq .IXIC** Co aims to maintain presence in China, a key market, despite U.S. efforts to limit access to a...Reuters
Fri, May 9
Other
Sony Pictures extends Rothman's contract as CEO of its motion picture group
May 9 (Reuters) - Sony Pictures 6758.T said on Friday it had entered into a multi-year contract extension with its motion picture group's chairman and CEO, Tom Rothman.Rothman joined the studio in 2013 as chairman of TriStar Pictures, before being named chairman of the motion picture group in Fe...Reuters
Fri, May 9
Other
US court picks ex-judge Costa to defend Texas limits on guns in bars
By Mike Scarcella May 9 (Reuters) - A former U.S. appeals judge has been appointed to defend a Texas law restricting the open carrying of firearms at bars, sporting events and racetracks, after the state's attorney general declined to do so.In an order on Thursday, U.S. District Judge Mark Pi...Reuters
Fri, May 9
Other
Migrants told of Libya deportation waited hours on tarmac, attorney says
Migrants told they would be deported to LibyaAfter waiting on the tarmac, migrants bused back to detentionTrump administration eyeing new countries to send migrants toUS officials say flight to Libya did not take offBy Ted Hesson, Phil Stewart and Humeyra Pamuk WASHINGTON, May 9 (Reuters) - Migra...Reuters
Fri, May 9
Cryptocurrencies
Crypto Analyst Says XRP Price Must Clear This Level Or Risk Crash To $1.9
The XRP price is at a make-or-break moment as it struggles to hold a critical technical level as it navigates broader market uncertainty. In a recent report, a crypto analyst issued a stark warning for XRP holders, highlighting that the cryptocurrency risks crashing to $1.9 if it fails to clear a ke...NewsBTC
Fri, May 9
Cryptocurrencies
Ethereum Price Rises Sharply Above $2,300 After Retail Investors Unload Their Holdings
After several months of bearish price performance, Ethereum is finally shifting toward positive territory, recording significant gains due to a recent bullish market condition. Interestingly, this surge comes following heightened selling pressure as many investors were observed dumping their ETH hol...Bitcoinist
Fri, May 9
Forex
EUR/GBP Price Analysis: Euro drifts near 0.8500 as bearish pressure builds
The EUR/GBP pair edged lower on Friday, trading near the 0.8500 zone after the European session as selling pressure remained consistent. The pair settled within the middle of its daily range, reflecting cautious sentiment despite the broader bearish tone.
Fxstreet
Fri, May 9
Other
HR tech firm Rippling raises new funding at $16.8 billion valuation, no IPO plans
Rippling raises $450 million, plans $200 million employee equity repurchaseRippling fetches higher valuation amid tariffs uncertainty CEO: No immediate IPO plans, profitability needed firstBy Krystal Hu May 9 (Reuters) - HR software startup Rippling said on Friday it raised $450 million in a Seri...Reuters
Fri, May 9
Commodities
US Cash Grains-Spot corn basis mixed, soybean basis steady to down
CHICAGO, May 9 (Reuters) - Spot basis bids for corn were mixed at U.S. Midwest elevators and processors on Friday, while basis bids for soybeans were steady to down at processors. The corn basis fell by 2 cents a bushel at a processor in Cedar Rapids, Iowa, and also rose by 2 cents at an elevator in...Reuters
Fri, May 9
Stocks
Google Responds to Apple's AI Threat and Gets a New $260 Price Target
In this video, I will cover the recent updates regarding Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of May 8, 2025. The video was published on May 8, 2025.Wher...The Motley Fool
Fri, May 9
Stocks
Why Rocket Lab Stock Is Falling Today
Rocket Lab USA (NASDAQ: RKLB) topped expectations in the first quarter but provided a subdued outlook for the quarter to come. Investors were disappointed, sending Rocket Lab shares down 12% at the open and down 9% as of 11:30 a.m. ET.Image source: Getty Images.Where to invest $1,000 right now? Our ...The Motley Fool
Fri, May 9
Other
White House dismisses Democrats on Consumer Product Safety Commission
WASHINGTON, May 9 (Reuters) - The Trump administration dismissed three Democrats on the five-member Consumer Product Safety Commission, a White House official confirmed Friday.The Washington Post reported the three Democratic commissioners plan to challenge the firings in court. The CPSC issues prod...Reuters
Fri, May 9
Other
Sean 'Diddy' Combs' lawyers plan to accuse ex-girlfriend of domestic violence at sex trafficking trial
Combs pleads not guilty to racketeering, sex traffickingTwelve jurors and six alternates to be chosen Judge questioned nearly 100 prospective jurors By Jack Queen and Luc Cohen NEW YORK, May 9 (Reuters) - Lawyers for Sean "Diddy" Combs on Friday said they plan to accuse the hip-hop mogul&...Reuters
Fri, May 9
