News
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Trump says he will be making a major announcement before departing on Middle East trip
WASHINGTON, May 6 (Reuters) - U.S. President Donald Trump said on Tuesday that he planned to make a major announcement in the coming days before his departure for the Middle East but he declined to say what the topic would be about.Trump, speaking during a meeting with Canadian Prime Minister Mark C...Reuters
Tue, May 6
Other
US lawmakers question Musk's dual role at SpaceX and government agency
By Mike StoneWASHINGTON, May 6 (Reuters) - Democratic lawmakers on key House committees raised concerns about potential conflicts of interest from Elon Musk's dual roles as SpaceX CEO and a Special Government Employee overseeing changes at NASA and the Department of Defense, a letter sent to the...Reuters
Tue, May 6
Cryptocurrencies
The Altcoin Boom: 4 Cryptos, Including Dogecoin and Shiba Inu, Set to Surge by 2025
As the cryptocurrency market gears up for what could be a defining altcoin season, a select group of tokens is gaining fresh attention from analysts, traders, and crypto communities. Leading the charge are Dogecoin (DOGE), Shiba Inu (SHIB), and BONK — three of the most recognized meme coins in the space — alongside a fast-rising […]Cryptopolitan
Tue, May 6
Other
Exxon group's Guyana oil output rose to 668,000 bpd last week
HOUSTON, May 6 - A consortium led by Exxon Mobil XOM.N that controls all oil and gas output in Guyana produced 668,000 barrels per day (bpd) of oil last week, the U.S. company's head for the South American country, Alistair Routledge, said in a conference on Tuesday.The group, which is working t...Reuters
Tue, May 6
Other
US SEC ends inquiry into Morgan Stanley's cash sweep program with no enforcement action
May 6 (Reuters) - The U.S. Securities and Exchange Commission has ended its investigation into Morgan Stanley's MS.N cash sweep program for advisory accounts and will not pursue enforcement action, the Wall Street bank said in a filing dated Monday.The bank had been in talks with the regulator s...Reuters
Tue, May 6
Other
Ferrari to start deliveries of new EV in October 2026
Deliveries of Ferrari's first EV to start in October 2026Sees 2025 core earnings of at least 2.68 bln eurosU.S. tariffs could hit 2025 margins by 50 basis pointsFirst-quarter core earnings rose 15% to 693 million eurosBy Giulio Piovaccari MILAN, May 6 (Reuters) - Ferrari RACE.MI first fully e...Reuters
Tue, May 6
Forex
FOREX-Dollar trades lower, euro gains after Merz elected German chancellor
Markets growing nervous about absence of trade deals Trade deficit widens to record $140.5 billion in MarchEuro extends gains after Friedrich Merz elected German chancellorTaiwan dollar steadies after surging at start of weekBy Chibuike Oguh and Alun John NEW YORK/LONDON, May 6 (Reuters) - The U....Reuters
Tue, May 6
Technical Analysis
Gold rallies as global risk sentiment deteriorates ahead of Fed policy update
Gold (XAU/USD) is rising sharply on Tuesday, supported by a convergence of geopolitical conflict, trade policy uncertainty, and investor defensiveness ahead of Wednesday’s Federal Reserve (Fed) interest rate decision and Chair Jerome Powell’s press conference.
Fxstreet
Tue, May 6
Stocks
General Motors and Adapting to Tariffs
General Motors (NYSE: GM) will be hit hard by tariffs, there's no doubt about that. But the company is adapting and moving some production to the U.S. On top of that, it's leaning on a strong market share in big trucks and SUVs to keep profits rolling in.*Stock prices used were end-of-day prices of ...The Motley Fool
Tue, May 6
Commodities
Offshore producer Beacon sees first oil from Shenandoah in June
HOUSTON, May 6 (Reuters) - U.S. offshore producer Beacon Offshore Energy expects first oil from its Shenandoah floating production system in June, a company executive said on Tuesday.The floating production unit, which is expected to produce 120,000 barrels of oil per day (bpd), was in the final sta...Reuters
Tue, May 6
Other
Mexican judges say judicial reform violated human rights
May 6 - Fourteen current and former federal judges in Mexico filed a petition to the Inter-American Commission on Human Rights calling for "reparation for human rights violations" that they say were caused by the country's recent overhaul of the judicial system, a group representing the ...Reuters
Tue, May 6
Other
US homeland security chief says travelers without REAL ID will be allowed to fly
By David ShepardsonWASHINGTON, May 6 (Reuters) - U.S. Homeland Security Secretary Kristi Noem said air travelers starting Wednesday who do not have enhanced ID cards may face enhanced security procedures but will not be denied access to flights. Starting Wednesday, the Transportation Security Ad...Reuters
Tue, May 6
Commodities
EU wheat claws back some losses after sliding to contract lows
PARIS, May 6 (Reuters) - European wheat rebounded on Monday after losing 2.5% to contract lows in the previous session, marking its largest one-day drop in nearly a year, as rain forecast in Russia and improved condition in the U.S. lifted sentiment about global supplies.The euro, trading near four-...Reuters
Tue, May 6
Cryptocurrencies
Bitcoin Set To Gain Over $300 Billion From Companies In Next 5 Years, Analysts Say
A growing number of public firms may begin purchasing Bitcoin in substantial quantities in the next five years, with more than $300 billion potentially entering the cryptocurrency by 2030. Related Reading: TRUMP Token Bloodbath: Whales Lose Big In $8.58 Million Sell-Off That’s what researchers...NewsBTC
Tue, May 6
Cryptocurrencies
Is Cardano’s ADA Moment Gone as Mutuum Finance (MUTM) Gets All the Attention from Whale Investors?
The price of ADA from the Cardano network failed to hold its initial rise in 2025 above $0.80 and currently trades at $0.68 due to declining demand. Investors who previously expected ADA to reach $1 prices now invest in MUTM due to the popularity of its whale-powered DeFi project which has received $7.6 million from […]Cryptopolitan
Tue, May 6
Other
Greenland should make own decisions free of interference, EU's Kallas says
BRUSSELS, May 6 (Reuters) - EU foreign policy chief Kaja Kallas said on Tuesday that the people of Greenland should be able to make their own choices "free from outside pressure or external interference".Kallas made her comments in the European Parliament in Strasbourg after multiple lawmake...Reuters
Tue, May 6
