US President Donald Trump: Federal Reserve Chairperson Jerome Powell is either incompetent or a bad guy and will leave "in a few months".
A senior White House official confirmed that the Trump-Trump meeting in Budapest has been cancelled, with senior European diplomats speculating that the central reason may be that Russia is demanding too much. Click to view...
Former Marshall Wace trader Scott Arnold has filed a claim against a London-based hedge fund for a share of the proceeds from his investment in stablecoin issuer Circle Internet Group Inc. Arnold says he was the one who brokered the deal. Marshall Wace has invested in Circle since 2021, putting in about $200 million and owning more than 8.50 million shares, or about 4 percent, before the company goes public on the New York Stock Exchange on June 5, making it one of the fund's most profitable ven...

Mr. Musk said the "new party" was aiming for two or three Senate seats and eight to 10 House districts.
The US Treasury has announced an agreement with G7 allies that will exempt US businesses from taxes imposed by some countries. In exchange, the Trump administration will remove the "899 retaliation tax provision" from the "Big and American" tax reform bill. US Treasury Secretary Vincent Bescent said on Thursday: "The global minimum tax policy under the OECD Pillar II framework will not apply to US companies. We will in the coming weeks and several...
After a public spat between Musk and Trump, a senior Russian lawmaker joked earlier today that Russia might grant Musk political asylum. "If he does [need asylum], of course Russia can," said Dmitry Novikov, the first vice-chairperson of the Russian State Duma for international affairs. Kremlin spokesperson Dmitry Peskov had earlier said on the phone with reporters that the dispute was an internal matter of the United States and that the Kremlin believed the Kremlin...
In his position squaring, James Wynn said: "[Traders] need to know how to go forward and backward, timing is the most important thing. Never count money at the table, when the trade is done, there is time to count money." Previously, James Wynn has positioned squaring a long position worth $1.20 billion in BTC, with a single loss of $13.39 million but an overall profit of about $8.45 million.
President Trump: Russia wants reconciliation, Ukraine wants reconciliation.
Brussels wants to increase purchases of US goods by 50 billion euros to address "problems" in trade relations, according to the European Union's chief negotiator.