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Israeli strikes kill 13 in Gaza school housing displaced families, medics say
By Nidal al-Mughrabi CAIRO, May 7 (Reuters) - Israeli strikes on a school housing displaced families in northern Gaza killed 13 Palestinians on Wednesday, local health authorities said, as Israeli forces continued to demolish homes and buildings in Rafah in the south of the enclave.Medics said tw...
Reuters
Wed, May 7
Stocks
Can Shiba Inu Reach $1 in 2025? The Answer Might Blow Your Mind.
2024 was a great year for cryptocurrencies, with the total value of all coins and tokens soaring to an all-time high of $3.9 trillion shortly after President Trump was elected in November. Investors were excited about his pro-crypto stance and the friendly policies that might follow.Even cryptocurre...
The Motley Fool
Wed, May 7
Stocks
2 Hypergrowth Tech Stocks to Buy in 2025
Wall Street is a big believer in technology stocks at the moment. And who can blame them, with the rapid growth coming from areas of the market such as artificial intelligence (AI), cloud computing, and e-commerce?Even after decades of growing online consumer spending, the market continues to expand...
The Motley Fool
Wed, May 7
Stocks
This Top Vanguard Fund Experienced Something Shocking in April, and It Offers a Distinctively Clear Message to Investors
The past month hasn't been easy for stock market investors. Indexes have changed directions multiple times, volatility has been high, and some of the market's leading companies have seen their stocks stumble.What's the reason for the turmoil? Investors, analysts, and economists all have voiced fears...
The Motley Fool
Wed, May 7
Forex
USD/CHF rises above 0.8250 as traders expect Fed to leave rates unchanged
USD/CHF halts its three-day losing streak, hovering around 0.8250 during Wednesday’s European session as the US Dollar (USD) gains traction.
USD/CHF
Fxstreet
Wed, May 7
Stocks
Warren Buffett Just Taught Us How to Manage Through a Bear Market. Here's the Lesson.
Uncertainty has been the name of the game for stock and bond market investors this year. Trade policy, changing tariff plans, anticipated Federal Reserve moves, and questions about ongoing economic growth have created fear among market watchers.These can be hazardous times for your financial health....
The Motley Fool
Wed, May 7
Forex
China's forex reserves rise more than expected in April
BEIJING, May 7 (Reuters) - China's foreign exchange reserves rose more than expected in April, official data showed on Wednesday, as the dollar continued to weaken against other major currencies.The country's foreign exchange reserves, the world's largest, increased by $41 billion last m...
Reuters
Wed, May 7
Stocks
3 Stocks Trouncing the S&P 500 in 2025 That Can Keep Climbing Higher
The stock market has gotten off to a volatile start for 2025.After hitting a new all-time high in February, the market started showing some weakness amid growing concerns about how the Trump administration's trade policies would impact businesses. The sell-off accelerated in April after Trump's tari...
The Motley Fool
Wed, May 7
Stocks
Street View: AMD to face China export challenges while MI chip series shows promise
** Advanced Micro Devices AMD.O on Tuesday forecast a $1.5 billion hit to revenue this year due to new U.S. curbs on chips, which require the company to obtain a license to ship advanced artificial-intelligence processors to China** Shares of chipmaker up 2.5% in premarket trading AI GAMBIT** JP ...
Reuters
Wed, May 7
Other
Trump's movie tariff threat alarms India's film makers
U.S. generates 40% of overseas revenue for Indian film industryLack of details on Trump's order sparks confusion, fearProducers fear tariff could double cost of exports to U.S.India has become hub for production, visual effectsPlan could speed shift to direct-to-digital releasesBy Haripriya Sure...
Reuters
Wed, May 7
Forex
FOREX-Dollar rises versus yen, Swiss franc, Fed and trade talks in focus
US dollar rises against safe-haven currenciesUS-China negotiations, US Treasury auction support the greenbackInvestors await Fed policy meeting outcomeEuro edges down versus the dollarBy Stefano Rebaudo and Rocky Swift May 7 (Reuters) - The U.S. dollar rose against the safe-haven yen and Swiss fr...
Reuters
Wed, May 7
Stocks
3 Breakout Growth Stocks You Can Buy and Hold for the Next Decade
Many growth stocks sputtered out this year as the Trump administration's tariffs raised concerns about a potential recession and drove investors back toward more conservative investments. That caution is warranted, since unpredictable tariffs can easily disrupt global supply chains, drive up labor a...
The Motley Fool
Wed, May 7
Stocks
CATL may offer less than 10% discount for $5 billion Hong Kong listing, sources say
Hong Kong listing could be city's largest share sale in four yearsCATL's net profit rose 32.9% in Q1 2025Funds to support new battery plant in HungaryBy Summer Zhen and Selena LiHONG KONG, May 7 (Reuters) - Prospective investors in CATL's upcoming $5 billion Hong Kong listing have been ...
Reuters
Wed, May 7
Economic Indicator
China Foreign Exchange Reserves (MoM): $3.282T (April) vs $3.241T
China Foreign Exchange Reserves (MoM): $3.282T (April) vs $3.241T
Fxstreet
Wed, May 7
Other
P&C drives insurtech funding rebound in Q1: Gallagher Re
By Nanveeta Nandan, Scott VincentMay 6 - (The Insurer) - Global insurtech funding rose by 90.2% quarter on quarter to $1.31 billion during the first three months of 2025 boosted by a surge in P&C investments, Gallagher Re said in its latest report on the sector on Wednesday. P&C insurtechs a...
Reuters
Wed, May 7
Economic Indicator
Italy Retail Sales n.s.a (YoY): -2.8% (March) vs previous -1.5%
Italy Retail Sales n.s.a (YoY): -2.8% (March) vs previous -1.5%
Fxstreet
Wed, May 7
Economic Indicator
Italy Retail Sales s.a. (MoM) registered at -0.5%, below expectations (0.2%) in March
Italy Retail Sales s.a. (MoM) registered at -0.5%, below expectations (0.2%) in March
Fxstreet
Wed, May 7
Stocks
Did Amazon Founder Jeff Bezos Just Fire Off a Warning Shot to Wall Street?
Amazon (NASDAQ: AMZN) founder and former CEO Jeff Bezos recently adopted a plan that would allow him to sell as much as 25 million shares of Amazon, in what would amount to nearly $4.75 billion, based on Amazon's stock price at the close of trading on May 2.To be clear, selling stock does not necess...
The Motley Fool
Wed, May 7
Stocks
Elavon and Jscrambler Partner to Strengthen PCI DSS Compliance for Merchants
More Than 400 Merchants Within the Network Gain Access to Jscrambler's Leading Client-Side Protection for Skimming Prevention and Compliance MINNEAPOLIS and PORTO, Portugal, May 7, 2025 /PRNewswire/ -- Elavon, a global leader in payment processing, and Jscrambler, a pioneer in client-side pr...
PR Newswire
Wed, May 7
Economic Indicator
May Fed Meeting Preview: Diminishing odds of rate cuts to defy Trump’s rate cut dream
TradingKey – This Wednesday afternoon, May 7, the Federal Reserve will announce its latest monetary policy decision. Despite repeated pressure from U.S. President Donald Trump and some “soft data” pointing toward the case for rate cuts, solid inflation and employment figures—the hard data...
TradingKey
Wed, May 7
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