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Commodities
US ethane vessels stall amid curbs on exports to China
At least 7 ships are anchored or hovering in US Gulf watersOne vessel docks near Houston after heading away from Gulf CoastNo immediate alternative markets for US ethane exports, consultant saysBy Arathy Somasekhar, Georgina McCartney and Trixie YapHOUSTON/SINGAPORE, June 6 (Reuters) - Over half a d...Reuters
Fri, Jun 6
Other
Fitch stays ‘neutral’ on overall global insurance, US personal outlook revised down
By Michael LoneyJune 6 - (The Insurer) - Fitch Ratings has maintained its “neutral” overall global insurance sector outlook as at mid-2025, but revised downwards four of its sector outlooks including U.S. personal insurance moving to "neutral."The neutral global insurance outlook reflects br...Reuters
Fri, Jun 6
Forex
FOREX-Dollar advances against peers after strong US economic data
Dollar gains against yen and Swiss francUS adds 139,000 jobs in MayEuro loses ground but set for weekly gainBy Chibuike Oguh NEW YORK, June 6 (Reuters) - The dollar rose against major currencies on Friday after data showed better-than-expected U.S. jobs growth in May despite a slowdown from the p...Reuters
Fri, Jun 6
Commodities
Shell reports June 4 fire at ethylene cracker plant in Pennsylvania
June 6 (Reuters) - Shell PLC SHEL.L on Friday said a fire occurred on June 4 at its ethylene cracker plant in Potter Township, Pennsylvania, and the furnace unit involved remained offline pending an investigation. The fire, which occurred at furnace unit number five in the Shell Pennsylvania Petroch...Reuters
Fri, Jun 6
Other
Proud Boys leaders seek $100 million over Jan. 6 prosecutions
June 6 (Reuters) - Four leaders of the Proud Boys who were pardoned after being found guilty of trying to keep President Donald Trump in power on Jan. 6, 2021 after he lost the election to Joe Biden filed a lawsuit on Friday seeking $100 million from the government. "The Plaintiffs bring this su...Reuters
Fri, Jun 6
Stocks
PRECIOUS-Gold falls over 1% as strong US jobs data clouds outlook for rate cuts
US unemployment rate steady at 4.2%Platinum, palladium head for weekly gainsBullion up 0.8% for the week so farBy Ashitha Shivaprasad and Sherin Elizabeth Varghese June 6 (Reuters) - Gold prices slipped more than 1% on Friday after a stronger-than-expected U.S. jobs report dampened hopes for immi...Reuters
Fri, Jun 6
Stocks
Conifer Holdings changes name to Presurance Holdings
By Michael LoneyJune 6 - (The Insurer) - The shareholders of Conifer Holdings have approved a name change to Presurance Holdings following the sale of its insurance agency operations.At the June 3 virtual annual meeting the shareholders also approved a reverse stock split of the Troy, Michigan-based...Reuters
Fri, Jun 6
Stocks
Why Centrus Energy Stock Soared Higher This Week
Shares of Centrus Energy (NYSE: CCJ) are moving higher this week. The company's stock was up 11.5% at 1:08 p.m. ET from last Friday's close. The S&P 500 index and the Nasdaq-100 index were up 1.2% and 1.8%, respectively, at the same time.Centrus, a provider of enriched uranium to fuel nuclear reacto...The Motley Fool
Fri, Jun 6
Cryptocurrencies
Experts say that Apple’s demand is expected to go down
Apple’s AI has crossed 1 year but is still lagging behind its rivals. Now, investors are calling for Apple to do something major to catch up in AI. To that end, CEO Tim Cook will be speaking at Apple’s annual Worldwide Developers Conference in California on Monday, and he is expected to address these concerns. […]Cryptopolitan
Fri, Jun 6
Other
Republican lawmakers try to dodge Trump-Musk crossfire, aim to avoid 2026 damage
Republicans worry Musk-Trump feud ahead of 2026 electionsMusk criticized Trump's tax-cut bill, called for impeachmentDemocrats view GOP infighting as advantageous for midtermsBy Bo Erickson and Richard Cowan WASHINGTON, June 6 (Reuters) - U.S. Republican lawmakers are trying to dodge the cros...Reuters
Fri, Jun 6
Other
US judge appears open to blocking Trump's election overhaul order
By Nate Raymond June 6 (Reuters) - A federal judge appeared open on Friday to blocking enforcement of U.S. President Donald Trump's sweeping executive order overhauling elections that calls for requiring voters to prove they are U.S. citizens and barring states from counting mail-in ballots r...Reuters
Fri, Jun 6
Commodities
US, China to hold trade talks on June 9 in London, Trump says
June 6 (Reuters) - U.S. President Trump on Friday said three of his cabinet officials will meet with representatives of China in London on June 9 to discuss a trade deal.In a post on his Truth Social platform, Trump said Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States...Reuters
Fri, Jun 6
Other
CEA increases risk-transfer program by $76 million at April renewals
By Michael LoneyJune 6 - (The Insurer) - The size of the California Earthquake Authority’s risk-transfer program increased to around $7.8 billion as it secured $1.2 billion of traditional reinsurance cover at the April renewals.Materials for an advisory panel meeting on June 5 showed that as of the ...Reuters
Fri, Jun 6
Stocks
US STOCKS-Wall Street stocks rise on jobs data; Tesla bounces
Indexes up: Dow 1.02%, S&P 500 1.14%, Nasdaq 1.44%Non-farm payrolls increased by 139,000 jobs in May Tesla up almost 5.6% after massive plunge on Thursday Lululemon sinks on lowering annual profit forecastBy Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta NEW YORK, June 6 (Reuters) - U.S....Reuters
Fri, Jun 6
Cryptocurrencies
Stablecoin firm Circle adds to stellar first day gains with another stock surge
By Arasu Kannagi Basil June 6 (Reuters) - Stablecoin issuer Circle Internet's CRCL.N shares climbed 48% on Friday, extending a stellar run after a blowout market debut on the New York Stock Exchange a day earlier.New York-based Circle's stock went as high as $123.49, nearly four times its...Reuters
Fri, Jun 6
Cryptocurrencies
Ripple (XRP) Faces New Rival Under $0.05: Which Coin Will Hit $10 First?
As the race toward mass crypto adoption intensifies in mid-2025, Ripple (XRP) stands strong among the best cryptocurrencies to invest in, currently priced around $2.19 and showing steady resilience in the face of regulatory pressure and market volatility. XRP’s role in cross-border payments and its utility-driven growth make it a long-standing favorite for both short-term […]Cryptopolitan
Fri, Jun 6
Other
Fed taps Horowitz as next inspector general
WASHINGTON, June 6 (Reuters) - The Federal Reserve announced on Friday that Michael Horowitz had been appointed to serve as the central bank's new inspector general.Horowitz, who most recently served as the Justice Department's inspector general, replaces Mark Bialek, who retired in April. A...Reuters
Fri, Jun 6
Other
Judge says Weinstein juror complaining about jury strife cannot be excused
By Jody GodoyNEW YORK, June 6 (Reuters) - The judge overseeing former Hollywood mogul Harvey Weinstein's rape and sexual assault trial refused on Friday to dismiss a juror who said some jurors were treating others on the 12-person panel unfairly."I just don't think it's fair and just...Reuters
Fri, Jun 6
Other
Former Manhattan US attorney leaves Paul Weiss for law firm fighting Trump
By Mike Scarcella and Luc Cohen June 6 (Reuters) - Former Manhattan U.S. Attorney Damian Williams has left Paul Weiss, the law firm he joined in January, becoming the latest partner to depart the Wall Street firm since it struck a deal with U.S. President Donald Trump in March to rescind an e...Reuters
Fri, Jun 6
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