News
Coinbase, Kalshi bring regulated perpetual crypto futures to US investors
3+ hour, 7+ min ago (360+ words) May 29 (Reuters) " Cryptocurrency exchange Coinbase and prediction markets platform Kalshi said on Friday they are introducing perpetual crypto futures, marking the first time such instruments will be available to U. S. "investors through domestic, regulated exchanges. Perpetual futures, or "perps, are derivatives…...
Backlash over Trump's $1. 776 billion fund tests Blanche's bid for US attorney general
3+ hour, 6+ min ago (919+ words) WASHINGTON, May 29 (Reuters) " Todd Blanche has moved quickly as acting U. S. attorney general to please the man whose face now adorns the exterior of the Justice Department's Washington headquarters: President Donald Trump. The Department of Justice under Blanche, who took over…...
How Republicans are winning the war over US congressional redistricting, state by state
3+ hour, 51+ min ago (1162+ words) May 29 (Reuters) " Several Republican-led states across the South are rushing to redraw their congressional maps ahead of November's midterm elections in a bid to help save their party's narrow majority in the U. S. House of Representatives, the latest round in a…...
Trump to decide imminently on Iran deal, says Hormuz Strait must open
4+ hour, 46+ min ago (445+ words) By Steve Holland, Michelle Nichols and Yomna Ehab WASHINGTON/CAIRO, May 29 (Reuters) " U. S. President Donald Trump said he would make a final decision on Friday over a deal with Iran to extend their ceasefire that would need to include "opening the…...
US travel group warns closing Newark airport to international travel could cost $8 billion annually
3+ hour, 8+ min ago (362+ words) WASHINGTON, May 29 (Reuters) " A group representing the U. S. travel industry said Friday that removing immigration officials from Newark airport would cause "immediate and lasting harm" and could cost the "U. S. economy $8 billion annually in spending by tourists and strand "Americans. The U. S. Travel…...
Democratic senator wants Tik Tok US JV, Oracle to answer questions on platform safeguards
4+ hour, 26+ min ago (166+ words) KELO-AM Democratic senator wants Tik Tok US JV, Oracle to answer questions on platform safeguards WASHINGTON, May 29 (Reuters) " Democratic senator Ed Markey on Friday asked a "Tik Tok U. S. joint venture and Oracle to answer questions about the security of the…...
Foxconn has immense confidence in growth momentum due to AI, chairman says
4+ hour, 55+ min ago (355+ words) NEW TAIPEI, Taiwan, May 29 (Reuters) " Taiwan's Foxconn, the world's largest contract electronics manufacturer, has immense confidence in its growth momentum because of soaring AI demand, Chairman Young Liu "said on Friday. The traditional mid-year seasonal slump for tech suppliers "no…...
Nigeria's Tinubu says reforms stabilising economy despite hardship
9+ hour, 32+ min ago (315+ words) ABUJA, May 29 (Reuters) " Nigerian President Bola Ahmed Tinubu said on Friday his economic reforms stabilised the country and revived investor confidence, despite a steep "cost-of-living squeeze on households three years into his "presidency. Tinubu, who is seeking re-election in January,…...
Bolivian minister rules out president's resignation despite ongoing unrest
10+ hour, 7+ min ago (389+ words) (Corrects minister comment in paragraph 3) LA PAZ, May 28 (Reuters) " A Bolivian senior minister on Thursday ruled out any possibility of President Rodrigo Paz resigning and told Reuters that calls for the "president to step down amid mass protests were "anti-democratic....
Analysis-In China, AMD CEO Lisa Su is understated while Nvidia's Huang is more razzmatazz
9+ hour, 37+ min ago (704+ words) By Eduardo Baptista and Liam Mo Their contrasting approaches show two very different forms of "corporate diplomacy around the world's most politically sensitive artificial intelligence chip market, where their fortunes have also been diverging. Just a year "ago at the…...