Business News
- Trump names housing chief Bill Pulte acting intelligence director, replacing Tulsi Gabbard
Pulte has alleged wrongdoing related to mortgages against Trump's foes, Federal Reserve Governor Lisa Cook and New York Attorney General Letitia James.
- Trump signs AI executive order asking companies to give government early access to models
AI developers, on a voluntary basis, are asked to collaborate with the government and provide early access to frontier models.
- HPE surges 15% after blowout earnings, pacing for one of its best days ever
CEO Antonio Neri told CNBC that the company is "uniquely positioned" to capture the disruption brought about by artificial intelligence.
- The CFTC has sparked a potential revolution on Wall Street. Exchange stocks are dropping
Investors are worried about increased competition for the traditional exchanges that have long dominated on Wall Street.
- Biotech takeover target Abivax sinks over 43% as cancer cases cloud trial data for bowel disease drug
A clinical trial update wiped out billions in the French company's market cap and raised questions over a potential takeover.
- Anthropic expands Mythos to 150 additional organizations in more than 15 countries
Anthropic initially released Project Glasswing to about 50 partners in April to test the model for cybersecurity flaws.
- Rubio says U.S. is in talks with Iran over nuclear program as senators press for war endgame
Rubio says Iran nuclear talks may advance soon as senators press Trump on war strategy, Strait of Hormuz, Cuba and Venezuela policy.
- Job openings in April surged to 7.6 million, the highest in nearly two years
The Bureau of Labor Statistics reported that available employment hit 7.6 million for the month, a surge of 731,000 from the prior month.
- We're trimming 2 stocks — a surging AI winner and one that's left plenty to be desired
The sales will lock in profits over 100% on both stocks.
- Trump appoints real estate heir as acting director of US national intelligence
Housing industry executive Bill Pulte has no known experience in national security
Crypto News
- Georgia targets illegal crypto mining in Mestia crackdown: Report
Georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages.
- HIVE Bitcoin holdings drop by 331 BTC in Q1, reports record $298M revenue
HIVE reduced its Bitcoin holdings to 150 BTC while annual revenue climbed to $297.8 million, driven by growth in mining and AI computing.
- MoneyGram launches MGUSD stablecoin on Stellar network
MoneyGram launched MGUSD, a dollar stablecoin on Stellar, as the remittance company deepens its push into blockchain-based global payments.
- Capital B seeks $122B funding mandate to buy more Bitcoin
Capital B is asking shareholders to approve up to $122 billion in capital-raising authority to accelerate its Bitcoin treasury strategy.
- Bitcoin back in ‘distribution phase’ as extreme fear grips crypto market
Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase.
- Crypto treasury inflows fall to lowest level since 2024
Bitcoin treasury firms made up nearly all May inflows, but BTC-linked capital formation also dropped sharply from April.
- Mt. Gox moves $739M in Bitcoin from cold wallets: Arkham
Mt. Gox moved $739 million in Bitcoin for the first time since March, raising speculation about imminent creditor distributions.
- Bitcoin price falls under $70K as crypto markets liquidate $800M
Bitcoin fell to fresh two-month lows as BTC price weakness accelerated and analysis targeted its 200-day moving average trend line.
- Bitcoin falls to 2-month low as divergence from equities widens
Santiment says that “the gap between traditional equities and crypto has become increasingly difficult for traders to ignore.”
- Bitcoin bulls consider fresh positions after BTC price drops under $71K
Selling from all angles pushed Bitcoin below $71,000 at the weekly open, but early bullish positioning in BTC derivatives may signal the start of a recovery.
General News
- UN tells world to brace for extreme weather as El Nino looms
Potential impacts, including floods, drought and heatwaves, could 'hit even harder' this year, UN chief warns.
- China opens its markets to African exports. Who benefits?
China's tariff-free access for many African products has renewed hopes of industrial growth. But trade remains uneven.
- Intisar Shanib becomes first woman to head football club in Libya
Shanib has been appointed as the president of Darnes Sports Club, a prominent football club in Libya's Derna city.
- Could Russia hit northern Europe if it gained control of Arctic’s Bear Gap?
Norwegian defence minister warns Russia could pose a grave risk and must not be allowed to control the corridor.
- The Horn of Africa needs reconciliation, not new borders
Recognising Somaliland would not deliver stability. It would entrench division, in Somalia and well beyond it.
- Could Trump’s government be influencing Canada’s separatist movement?
Alberta will vote in a referendum over whether to separate from Canada, but how is the US President involved?
- Is the Taliban-Russia MoU good for Afghanistan?
The recently signed agreement is unlikely to advance the country's long-term national interests.
- Albanians protest Kushner plan for Sazan Island luxury resort
Hundreds have rallied in Albania against plans by a Jared Kushner-linked investment firm to develop Sazan Island.
- ‘Encroached territory’: Why India-Nepal border dispute is heating up again
Balendra Shah's recent comments about Nepal encroaching on Indian territory have revived a 200-year-old border dispute.
- ‘Trapped’: Gaza patients flown to Iraq stuck in administrative limbo
Palestinian patients stripped of their documents are confined inside a Baghdad medical centre.











