โก๏ธ Kevin Warsh has been sworn in as the next Chairman of the Federal Reserve by Supreme Court Justice Clarence Thomas.
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Barclays reports that the adoption of humanoid robots in China could offset up to 60% of the expected workforce decline by 2035.
With current demographic trends, the workforce is projected to shrink by 37 million over the next decade, and in an optimistic scenario, the number of robots could reach 24 million, nearly 4% of the workforce by 2035.
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Israeli army says it attacked a site for producing combat means in the Bekaa east of Lebanon and other Hezbollah infrastructure in Tyre in the south of the country.
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An 88-year-old Japanese trader spent 40 years day trading and grew $387,000 into a $14 million portfolio.
If he had simply bought the S&P 500 index in 1986 and done nothing, it would be worth over $21 million today.
๐ช t.me/FinancialWorldUpdates
If he had simply bought the S&P 500 index in 1986 and done nothing, it would be worth over $21 million today.
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๐บ๐ธ๐ฎ๐ท President Trump says the US and Iran are moving closer to sealing a deal, according to a CBS interview.
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๐บ๐ธ US officials say Iran has agreed to give up its highly enriched uranium under the deal which President Trump said will โsoonโ be announced, per NYT.
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Expected today
โข US-Iran Agreement Details
Monday
โข US Markets Closed, Memorial Day
Tuesday
โข May Consumer Confidence data
Thursday
โข April PCE Inflation data
โข US Q1 2026 GDP data
โข April New Home Sales data
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
White House no longer expects an agreement with Iran to be announced today and believes it could take several more days for the deal's approval.
Trump said yesterday that a deal announcement was coming "shortly." US officials remain "optimistic" but warn the deal could still collapse.
@PoliticFinance
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๐จ๐ณ China delivers 15,000 tonnes of rice as aid to Cuba amid the islandโs worsening crisis under the U.S. blockade.
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๐บ๐ธ๐ฎ๐ท TRUMP ON TRUTH SOCIAL:
๐ช t.me/FinancialWorldUpdates
If I make a deal with Iran, it will be a good and proper one, not like the one made by Obama.
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๐จ Microsoft reportedly told engineers to stop using Claude because AI bills were exploding, while Uber says its entire yearly AI budget was already destroyed by April.
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๐ฏ๐ต Nikkei reaches a new milestone, moving above 65,000 for the first time.
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Robert Kiyosaki warns the US dollar is under threat as Iran begins accepting Chinese Yuan for oil payments, calling it the biggest news in world financial history.
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๐ฎ๐ท๐บ๐ธ Iranโs Foreign Ministry spokesperson says a framework has been reached, but โnobody can say that an agreement between the U.S. and Iran is imminent.โ
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Forwarded from CRYPTO COIN INFO
Crypto Market Update
Last 48H
The crypto market is showing a cautious recovery after a volatile pullback.
Bitcoin briefly dropped toward the $74,300 area as U.S. spot Bitcoin ETFs saw more than $2.26 billion in outflows over two weeks, adding pressure to market sentiment.
BTC has since stabilized around $77,300, while ETH is trading near $2,100 and SOL near $86, showing a mixed but calmer market compared to the recent sell-off.
The total crypto market cap is around $2.6T, with Bitcoin dominance near 58%โ60%, meaning BTC is still leading the market while altcoins remain under pressure.
Overall, the market remains in a consolidation phase: ETF outflows and macro concerns are keeping traders cautious, but BTC holding above the mid-$70K range suggests buyers are still defending key levels.
๐ฅ @coininfo
#Bitcoin #CryptoMarket #BTC #CryptoNews #coininfo
Last 48H
The crypto market is showing a cautious recovery after a volatile pullback.
Bitcoin briefly dropped toward the $74,300 area as U.S. spot Bitcoin ETFs saw more than $2.26 billion in outflows over two weeks, adding pressure to market sentiment.
BTC has since stabilized around $77,300, while ETH is trading near $2,100 and SOL near $86, showing a mixed but calmer market compared to the recent sell-off.
The total crypto market cap is around $2.6T, with Bitcoin dominance near 58%โ60%, meaning BTC is still leading the market while altcoins remain under pressure.
Overall, the market remains in a consolidation phase: ETF outflows and macro concerns are keeping traders cautious, but BTC holding above the mid-$70K range suggests buyers are still defending key levels.
#Bitcoin #CryptoMarket #BTC #CryptoNews #coininfo
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๐น๐ญ Thailand has reported trade deficit of $10 billion in April, the biggest on record.
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โ S&P 500 Soars as US Consumer Sentiment Hits Record Low
Over 6 years, the S&P 500 rose 130% while US Consumer Sentiment fell 55%, hitting its lowest since 1952.
This shows the largest wealth gap in modern history.
๐ช t.me/FinancialWorldUpdates
Over 6 years, the S&P 500 rose 130% while US Consumer Sentiment fell 55%, hitting its lowest since 1952.
This shows the largest wealth gap in modern history.
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Pope Leo XIV urges the world to โslow downโ on AI, warning it could fuel misinformation, conflict and endless war, per Reuters.
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๐ข๏ธ Iran allowed 32 ships to cross the Strait of Hormuz in the past day
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Brent crude oil falls 5% as US and Iran negotiate deal to reopen Strait of Hormuz and end war.
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