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Cryptocurrencies
3 Hottest Altcoins Poised for Massive Growth This Summer
As the crypto market picks up steam once more in June 2025, investors are seeking out new opportunities for growth. Summer 2025 is being touted as the season of altcoin, with massive returns expected. Seasoned investors know that the best altcoins to pick are those at the bottom for maximum gains, such as Mutuum Finance […]Cryptopolitan
Thu, Jun 12
Forex
FOREX-US dollar crumbles as inflation cools; euro hits nearly four-year peak
Euro jumps along with safe-haven Swiss franc and yenGeopolitical risks in focusTrump says he will send out letters with trade deal termsUS PPI data shows cooling inflation in MayUS rate futures pricing in two cuts this yearBy Gertrude Chavez-Dreyfuss NEW YORK, June 12 (Reuters) - The dollar slump...Reuters
Thu, Jun 12
Other
US House passes Trump cuts of $9.4 billion for foreign aid, broadcasting
WASHINGTON, June 12 (Reuters) - The U.S. House of Representatives on Thursday narrowly passed President Donald Trump's request to slash $9.4 billion in spending on foreign and public broadcasting, sending the package for consideration by the Senate. The measure passed the House, where Trump'...Reuters
Thu, Jun 12
Other
Exclusive: Markel’s Devereaux, Anderson to leave in latest senior casualty underwriting exits
By James ThalerJune 12 - (The Insurer) - Markel’s executive underwriting officer for casualty Jennifer Devereaux and senior managing director for casualty product lines Matt Anderson are both leaving the company, broking and underwriting sources told The Insurer, marking the latest senior underwriti...Reuters
Thu, Jun 12
Other
Deals of the day-Mergers and acquisitions
June 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:** Italiana Petroli, which is currently in talks with three suitors interested in buying the oil refiner, is expected to take a decision on the potential 3 billion euro ($3.5 billion) d...Reuters
Thu, Jun 12
Commodities
US natgas prices ease to one-week low on lower demand, big storage builds
Storage injections hit triple-digits for seventh weekStorage additions in May hit monthly record highSabine LNG plant seen back at full service in late JuneBy Scott DiSavino June 12 (Reuters) - U.S. natural gas futures eased to a one-week low on forecasts for lower demand this week, a slight incr...Reuters
Thu, Jun 12
Other
Exclusive: Ambridge head of cyber Norton exits Amynta-owned MGA platform
By James ThalerJune 12 - (The Insurer) - Amynta-owned Ambridge Group’s head of cyber Jeff Norton has stepped down from his post after seven years with the company and predecessor firm, senior wholesale cyber sources told Cyber Risk Insurer.A spokesperson for Ambridge did not immediately respond to a...Reuters
Thu, Jun 12
Other
World leaders may face wildfire smoke at Canada G7 summit
By Ed WhiteWINNIPEG, Manitoba, June 12 (Reuters) - World leaders may face smoke warnings when they gather next week in Alberta as wildfires burned out of control across much of Canada and caused the country's second-worst fire season in decades. The Kananaskis area of the Canadian Rocky Mountain...Reuters
Thu, Jun 12
Stocks
Why J.M. Smucker Stock Plummeted This Week
Shares of packaged food and beverage giant J.M. Smucker (NYSE: SJM) were down 13% this week as of 2:30 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence.Smucker reported dismal fiscal fourth-quarter earnings, with sales and adjusted earnings per share falling 3% and 13%....The Motley Fool
Thu, Jun 12
Other
Motor racing-Hamilton backs Vasseur, Briton in for the long haul at Ferrari
By Alan BaldwinMONTREAL, June 12 (Reuters) - Lewis Hamilton launched a passionate defence of Ferrari team boss Fred Vasseur on Thursday and said that the Frenchman was key to his move to Maranello and his hopes for future Formula One success.Ferrari are second overall but have yet to win in nine rac...Reuters
Thu, Jun 12
Commodities
ICE canola futures rise on technicals, worried farmers
WINNIPEG, Manitoba, June 12 (Reuters) - November ICE canola futures jumped over two percent on Thursday as worried farmers backed away from making forward sales.• July canola RSN5 settled up $9.50 at $723.80 per metric ton. November RSX5, the first month that represents the crop being grown now, ros...Reuters
Thu, Jun 12
Commodities
CBOT soybeans end down as cash weakness fuels demand worries
CHICAGO, June 12 (Reuters) - Chicago Board of Trade soybean futures fell to one-week lows on Thursday as collapsing domestic cash markets, poor weekly export sales and worries about the size of U.S. biofuel mandates raised fears about demand for the oilseed, brokers said.CBOT July soybeans SN25 sett...Reuters
Thu, Jun 12
Cryptocurrencies
Polygon wants to achieve 100,000 TPS by 2026
Polygon has announced that it is targeting 100,000 transactions per second (TPS) in another significant move, as its POL token gets listed on the Solana platform. The new CEO of Polygon Foundation, Sandeep Naiwal, shared this in a roadmap on X. According to Nailwal, the roadmap is already in motion, with the first release on […]Cryptopolitan
Thu, Jun 12
Commodities
US EPA set to propose biomass-based diesel quotas below industry expectations, sources say
EPA to propose biomass-based diesel quotas below 5.25 billion gallons, sources sayProposal covers 2026 and 2027 blending requirements, sources saidIndustry awaits EPA decision on small refinery exemptions in paragraph 13By Stephanie Kelly and Jarrett Renshaw NEW YORK, June 12 - The U.S. Environme...Reuters
Thu, Jun 12
Other
BREAKINGVIEWS-BlackRock signals a cautious $35 bln quest
By Stephen GandelNEW YORK, June 12 (Reuters Breakingviews) - The world’s biggest asset manager knows a lot about the law of large numbers. BlackRock BLK.N, with more than $11 trillion in assets under management, laid out on Thursday just how vast its key metrics may become at an investor day. Projec...Reuters
Thu, Jun 12
Other
Second Italian journalist targeted with Paragon spyware, watchdog group says
Journalist's publication Fanpage has published reports critical of Italian governmentCitizen Lab says his iPhone showed evidence of being targeted by Paragon spy softwareFanpage's editor-in-chief had earlier disclosed he was alerted about being targetedBy Raphael Satter LONDON, June 12 (R...Reuters
Thu, Jun 12
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