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OPEC expects solid second-half of 2025 for world economy, trims 2026 supply
Demand growth forecasts left unchangedCuts 2026 non-OPEC+ supply growth forecast by 70,000 bpdExpects U.S. shale output to post no growth next yearSays Kazakhstan cut output in May, still above OPEC+ quotaMonthly report does not mention Israel-Iran conflictBy Alex Lawler LONDON, June 16 (Reuters)...Reuters
Mon, Jun 16
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US Supreme Court boosts Catholic challenge to NY abortion insurance coverage
NY mandates employer-sponsored insurance abortion coverageDiocese claims rule violates religious rights protectionsBy Daniel Wiessner June 16 (Reuters) - The U.S. Supreme Court gave a boost on Monday to a challenge by the Catholic Diocese of Albany to a 2017 New York state regulation that general...Reuters
Mon, Jun 16
Stocks
Social Security at Different Ages: Understanding Average Benefits
Most people understand that the size of their eventual Social Security payments will be closely linked to the amount of taxable income they earn while working -- the more money you make (up to a point), the more you pay in FICA taxes, and the more you get from the program each month when you retire....The Motley Fool
Mon, Jun 16
Other
Motor racing-Tough talks ahead but McLaren want drivers to race each other
By Alan Baldwin MONTREAL, June 16 (Reuters) - McLaren will continue to let Oscar Piastri and Lando Norris race freely for the Formula One title but there will be some tough talks back at the factory after Sunday's collision in Canada.Norris accepted the blame after hitting the rear of his ch...Reuters
Mon, Jun 16
Other
US Supreme Court to hear dispute involving anti-abortion crisis pregnancy center
By Brendan Pierson June 16 (Reuters) - The U.S. Supreme Court agreed on Monday to consider reviving a New Jersey crisis pregnancy center operator's bid to block the Democratic-led state's attorney general from investigating whether it deceived women into believing it offered abortions.The...Reuters
Mon, Jun 16
Stocks
TMC jumps on $85 mln investment from Korea Zinc
** Shares of deep-sea mining firm TMC the metals company TMC.O up almost 21% at $5.24** Says Korea Zinc will invest $85.2 million in the company, giving the South Korean refiner a 5% stake in TMC including warrants to buy more shares** Korea Zinc will buy 19.6 million shares at $4.34 each and receiv...Reuters
Mon, Jun 16
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Iranians flee capital for safety as Israeli airstrikes intensify
Thousands in exodus from Tehran as it comes under Israeli missile fire in escalating conflictIranians upset over lack of public bomb shelters; authorities advise using mosques, schoolsInternet access in Iran drops by 50%Security forces make arrests for alleged Israel contactsBy Parisa Hafezi DUBA...Reuters
Mon, Jun 16
Other
PRESS DIGEST-Canada - June 16
June 16 (Reuters) - The following are the top stories from a selected Canadian newspaper. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Canada and Britain have agreed to resume stalled trade negotiations as both countries look to shore up their dom...Reuters
Mon, Jun 16
Other
Norwegian monarch visits polar Svalbard as interest in Arctic grows
Increased interest in Arctic from U.S., Russia, ChinaGoverned by treaty allowing settlement by signatory statesSvalbard is an important part of Norway, says kingVisit marks a century of Norwegian sovereignty over islandsBy Gwladys Fouche OSLO, June 16 (Reuters) - Norway's King Harald and Quee...Reuters
Mon, Jun 16
Stocks
CANADA STOCKS-TSX opens higher as focus shifts to G7, US Fed meeting
June 16 (Reuters) - Canada's main stock index opened higher on Monday, lifted by information technology shares, with investors shifting focus from the Middle-East tensions to this week's Group of Seven summit and U.S. Federal Reserve policy meeting.At 9:31 a.m. ET (1331 GMT), the Toronto Sto...Reuters
Mon, Jun 16
Stocks
US STOCKS SNAPSHOT-Wall St opens higher as oil prices ease, Fed meeting in focus
June 16 (Reuters) - Wall Street's main indexes opened higher on Monday as easing oil prices supported sentiment despite ongoing attacks between Israel and Iran, while investors focused on the upcoming Federal Reserve meeting.The Dow Jones Industrial Average .DJI rose 102.3 points, or 0.24%, at t...Reuters
Mon, Jun 16
Stocks
PowerFleet Inc reports results for the quarter ended March 31 - Earnings Summary
PowerFleet Inc AIOT.OQ reported a quarterly adjusted loss of 9 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -55 cents. The mean expectation of six analysts for the quarter was for a loss of 2 cents per share. Wall Street ...Reuters
Mon, Jun 16
Stocks
Coda Octopus Group Inc reports results for the quarter ended April 30 - Earnings Summary
Coda Octopus Group Inc CODA.OQ reported quarterly adjusted earnings of 8 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 13 cents. The lone analyst forecast for the quarter was for earnings of 3 cents per share. Revenue rose ...Reuters
Mon, Jun 16
Cryptocurrencies
Bitcoin Gears Up For A Major Surge Amid Fading Whale Sentiment
Bitcoin has taken a hit after its recent surge to the $110,000 price mark last week, as the market shifted toward a more bullish sentiment. While BTC has fallen sharply from this level, its price is still holding strong above the $100,000 threshold. With BTC’s current resilience, market experts are ...Bitcoinist
Mon, Jun 16
Cryptocurrencies
Will The Bitcoin Price Move Above $110,000 Again? Global M2 Money Supply Shows What’s Next
Bitcoin’s current trading range is all part of a consolidation move before a return above $110,000. Although the leading cryptocurrency has largely held above the $105,000 support zones in recent days, its rally has taken a hit in the past two weeks. Technical analysis of Bitcoin’s price...NewsBTC
Mon, Jun 16
Cryptocurrencies
Vietnam’s Historic Move to Legalize Crypto Could Add Rocket Fuel to These Top Altcoins
Did the next major move in blockchain technology just come from Vietnam? Developing nations are becoming key crypto drivers, with Vietnam and Pakistan emerging in recent days as potential leaders. Establishing country-level crypto standards like Vietnam has done, or developing frameworks and plannin...NewsBTC
Mon, Jun 16
Stocks
Prediction: This Artificial Intelligence (AI) Stock Will Lead the Next Tech Bull Market
For much of the last two years, a small concentration of mega-cap artificial intelligence (AI) stocks have played a major role in sending the stock market to new highs. Among the biggest winners were Nvidia, Amazon, Alphabet, Microsoft, and Meta Platforms.Nvidia's graphics processing units (GPUs) ar...The Motley Fool
Mon, Jun 16
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