Breaking 18:18 United States eases sanctions on Iranian oil sales following Switzerland talks 18:00 Chevron and Microsoft bet on natural gas to power artificial intelligence data centers 17:44 SpaceX turns to bond markets for first time to fund expansion and repay debt 17:10 Washington Post Reports Record Rise in Democratic Turnout in US House of Representatives Elections 16:48 Bank of America forecasts renewed Federal Reserve tightening cycle in 2026 15:22 Alan Greenspan, the “Maestro” of US monetary policy, dies at 100 14:02 Arcosa to be acquired by CRH as infrastructure consolidation accelerates 13:45 Uber-backed lime seeks Nasdaq listing in $180.9 million IPO push 13:32 Europe Would Struggle To Wage War Without US Support, Security Report Warns 13:00 US Airlines Enter Earnings Test As Geopolitical Support Fades 12:45 US and Iran reach breakthrough in Switzerland talks, Pakistan PM says 12:30 Low ESG Rating For SpaceX Sparks Debate Despite Strong Market Performance 12:15 Baker Hughes offers concessions to EU regulators over Chart Industries takeover 12:00 China Tightens Export Controls On Rare Earths Targeting US Companies Amid Rising Trade Tensions 10:16 Trump Intensifies Criticism Of Italy Over NATO And Middle East Security Role 09:40 ECB study finds limited impact of AI on US employment and wages so far 08:45 Castlelake’s £5 billion bid for EasyJet rejected despite multiple offers 08:30 Trump escalates legal battle with The New York Times over Iran coverage 07:35 South Korean ships resume passage through the Strait of Hormuz after U.S.-Iran agreement 07:09 U.S.-Iran talks continue in Switzerland despite reports of delegation dispute 07:02 Reports claim Giancarlo Esposito embraces Islam during Middle East visit

Citi says ETF outflows drive crypto market downturn

The recent decline in cryptocurrency markets has been driven primarily by weakening institutional demand rather than isolated corporate transactions, according to market analysis attributed to Citigroup. The bank’s assessment points to sustained outflows from Bitcoin exchange-traded funds as the dominant factor behind recent price pressure,......

Peter Schiff renews bitcoin crash warning below $66k

Bitcoin slipped below the 66,000 dollar level this week, reigniting concerns among market observers over the strength of its current support zone. The cryptocurrency traded around 66,280 dollars on Wednesday morning after briefly touching an intraday low near 65,708 dollars. The move placed renewed focus on long-standing bearish forecasts......

Ray Dalio warns AI boom shows classic bubble signs

Ray Dalio has warned that the rapid rise in artificial intelligence investments shows clear characteristics of a financial bubble. The founder of Bridgewater Associates drew parallels with the dot-com crash of 2000, arguing that current market conditions reflect the same patterns of excessive optimism and stretched valuations. His remarks......

Nyu scientists identify memory switchboard that preserves older memories

Researchers at NYU Langone Health have identified a small group of neurons in the hippocampus that acts as a biological switchboard, enabling the brain to create new memories without disrupting those already stored. The findings, published in Nature on May 13, 2026, offer a new explanation for a long-standing neuroscience question: how the......

TSMC says AI chip shortages will persist for years

Demand for artificial intelligence chips continues to outpace global manufacturing capacity, according to TSMC Chief Executive C.C. Wei, who told shareholders that the company does not expect supply to meet demand for several more years. Speaking at the company’s annual shareholder meeting in Hsinchu, Taiwan, Wei said the rapid expansion......

AI coding tools reshape software engineering as competition intensifies

The software engineering profession is undergoing one of its most significant transformations in decades as artificial intelligence coding tools become deeply embedded in development workflows. Major technology companies are rapidly deploying AI systems capable of planning, writing, and testing software, shifting the role of engineers away......

Meta targets premium AI market with $200 monthly Hatch plan

Meta is preparing an ambitious push into the consumer artificial intelligence market with Hatch, a new autonomous AI agent that could cost users as much as $199.99 per month. The proposed pricing would place the service among the most expensive consumer AI subscriptions available and position it in direct competition with premium offerings......

AI IPO wave could trigger short term market pullback

The expected wave of massive artificial intelligence initial public offerings this year could create short term pressure on global equity markets as investors reallocate capital to absorb some of the largest listings in recent history. Standard Chartered warned that the process may not be seamless, even though the bank views any resulting......

Bitcoin falls to four-month low amid liquidation surge market

Bitcoin dropped to its lowest level in four months on Tuesday as selling pressure intensified across global crypto markets. The asset fell as much as 7 percent, briefly touching 65,707 dollars, marking its weakest point since early April. The decline unfolded during Asian and European trading sessions on 3 June and accelerated as risk sentiment......

Greek Shipping Magnate proposes Iranian transit fee for Hormuz

Evangelos Marinakis told shipping executives that paying Iran a transit fee of 100,000 to 200,000 dollars per vessel would be preferable to a prolonged closure of the Strait of Hormuz. He delivered the remarks at an industry forum in Athens held during a major maritime gathering. He argued that a predictable fee system would reduce disruption......

Alibaba shares surge after launch of Qwen3.7-Plus AI model

Alibaba launched Qwen3.7-Plus on Tuesday, introducing a multimodal large language model designed to unify visual and language capabilities into a single interactive system. The model is available through an API on Alibaba Cloud’s Model Studio platform and supports integration with OpenAI and Anthropic compatible endpoints. The system......

Tech stocks steady as AI optimism offsets futures dip

US stock futures moved lower after recent record highs in major indices, but technology shares held firm as investor appetite for artificial intelligence continued to support market sentiment. The S&P 500 and Nasdaq 100 had closed at fresh peaks in the previous session, reflecting sustained momentum in equity markets driven by large-cap......

US to slash visa processing embassies across Africa to 20

The United States plans to sharply reduce the number of embassies and consulates across Africa authorized to process visas, cutting operations from nearly 50 locations to 20. The decision follows an internal directive approved by senior leadership at the State Department and is expected to be implemented in the coming weeks. Officials familiar......

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