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Monthly Archives: May, 2025

Trump Surprises Canada and Carney With New Message: We Love You

President Trump played nice when he came face-to-face with the new prime minister of Canada, the country he has spent months belittling. www.nytimes.com

Banks rush out translation, forex services as Korea's foreign population hits 2.65 million – Korea JoongAng Daily

Banks rush out translation, forex services as Korea's foreign population hits 2.65 million  Korea JoongAng Daily news.google.com

Trade Talks With China Have Not Started, Bessent Says

The Treasury secretary said that trade deals with other U.S. trading partners could be announced as soon as this week. www.nytimes.com

US regulator moves to drop appeal against Kalshi

The US Commodity Futures Trading Commission (CFTC) is seeking permission from the court to drop an appeal against prediction market Kalshi. The move could...

Rivian Automotive (RIVN) Q1 2025 earnings

Workers assemble second-generation R1 vehicles at electric automaker Rivian's manufacturing facility in Normal, Illinois, on June 21, 2024.Joel Angel Juarez | ReutersRivian Automotive beat...

Bipartisan House and Senate Leaders Urge White House to Restore Spending Website

In the latest chapter in a battle over spending powers, lawmakers charged that the administration removed crucial information in violation of the law. The...

U.S. to Downgrade Palestinian Affairs Office in Jerusalem, Officials Say

The U.S. ambassador to Israel, Mike Huckabee, plans to shut down a direct communications channel between U.S. diplomats in Jerusalem working on Palestinian issues...

Tether adds Chainalysis tokenization platform for compliance, monitoring

Tether, the issuer of the world’s largest stablecoin by market cap USDt (USDT), has announced a partnership with Chainalysis that will integrate the company’s...

Trump Says Federal Government Won’t Pay for California High-Speed Rail

The government was already investigating how the state was spending a federal grant on the train project to connect Los Angeles and San Francisco. www.nytimes.com

FT report suggests advance knowledge of Melania Trump memecoin launch

A group of crypto traders reportedly purchased millions of dollars worth of Melania Trump’s memecoins minutes before she announced the launch on social media.According...

Forexlive Americas FX news wrap: US dollar slumps as trade deals remain stuck

Markets:Gold up $89 to $3423WTI crude oil up $1.98 to $59.12US 10-year yields down 3.7 bps to 4.31%S&P 500 down 0.8%JPY leads, USD lagsThe...

FT report suggests advance knowledge of Melania Trump memecoin launch

A group of crypto traders reportedly purchased millions of dollars worth of Melania Trump’s memecoins minutes before she announced the launch on social media.According...

India trade deal could undercut UK business, opposition parties say

Opposition parties have criticised the new UK-India trade deal, saying it could undercut British businesses.One aspect of the free trade agreement, which Labour says...

Doug Collins Says Veterans Affairs Dept. Slashing 80,000 Jobs Is a Goal

Veterans Affairs Secretary Doug Collins said the number of V.A. employees to be cut could change, and accused Democrats of trying to frighten veterans. www.nytimes.com

Bitcoin could rally regardless of what the Federal Reserve FOMC decides this week: Here’s why

Key Takeaways:The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including...

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