The Australian dollar remains steady as traders monitor US-Iran negotiations and await China’s May PMI data. The AUD/USD pair traded at 0.7185 in early Asian trading on Monday, showing little movement as investors weighed ongoing US-Iran discussions. Iranian officials indi
Berkshire Hathaway has agreed to acquire homebuilder Taylor Morrison for $8.5bn in cash, at $72.50 per share, a 24% premium to Friday's close, with the deal expected to close in the second half of 2026. Globex opens at the top of the hour, this will help Summary: Be
Berkshire Hathaway has agreed to acquire homebuilder Taylor Morrison for $8.5bn in cash, at $72.50 per share, a 24% premium to Friday's close, with the deal expected to close in the second half of 2026. Globex opens at the top of the hour, this will help Summary: Be
Daily transits average three, down from over 100 before late-February strikes, as vessels avoid Iranian detection. The US military has guided approximately 70 commercial ships through the Strait of Hormuz over the past three weeks, averaging three daily. Vessels turned off
New Commerce Department rules require licenses for advanced AI chips sold to Chinese-linked entities abroad, closing a 2025 loophole. The US Commerce Department announced new guidance requiring licenses for advanced AI chips, including Nvidia’s Rubin and Blackwell processo
The SEC alleges the founder misled investors with promises of high returns, resulting in total losses for participants. The Securities and Exchange Commission charged the founder of Privvy with defrauding investors out of $12.3M through a crypto scheme involving fake AI tr
SoftBank to build massive data centers in France SoftBank plans to spend at least $52B on building a network of massive data centers in France. The investment aims to deliver up to 3.1 GW of computing capacity. The project will establish a significant presence fo
Retired federal employees with pensions and $890,000 in TSP accounts may incur hundreds in annual IRMAA fees due to lost hold-harmless protections. A retired federal employee with $890,000 in a Thrift Savings Plan (TSP) discovered his pension disqualified him from the Medi
Retired federal employees with pensions and $890,000 in TSP accounts may incur hundreds in annual IRMAA fees due to lost hold-harmless protections. A retired federal employee with $890,000 in a Thrift Savings Plan (TSP) discovered his pension disqualified him from the Medi
The British pound gains against the US dollar as risk sentiment improves on hopes of a US-Iran peace agreement. GBP/USD climbed to 1.3460 on Friday, recovering from earlier intraday lows as the US dollar weakened. The move follows improved risk sentiment driven by speculat
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