Gold settled 1% higher, up two of the past three sessions, and silver rose 1.1%, snapping a two-session losing streak. https://www.wsj.com/articles/gold-edges-lower-may-be-supported-by-fed-rate-cut-hopes-74e8adb6
Wall Street received a shock when a tech learning platform backed by Vista Equity Partners shifted assets away from its lenders to raise fresh financing: Private credit may be a hot trade, but it’s not immune from risks, Bloomberg’s Carmen Arroyo reports. She speaks with Sonali Basak on “Bloomberg Markets.” (Source: Bloomberg) from Bloomberg Markets…
The agreement terms come after weeks of discussion and a recent competing offer from Apollo Global Management and Sony Pictures. https://www.cnbc.com/2024/06/03/paramount-skydance-merger-deal-update.html
A cleaning crew stumbled upon 235 pounds of methamphetamine while working at a California Airbnb property, police say. The Alhambra Police Department announced Sunday that two suspects are now in custody on charges of transporting narcotics following the recent discovery in the 1400 block of Ethel Avenue in the southern California city. Investigators say they…
Rishi Sunak is considering hardening his Conservative Party’s position on the European Convention on Human Rights, as disastrous polling and Brexit architect Nigel Farage’s decision to stand for Reform UK in the general election leave the premier’s ruling party facing a potential wipe out. from Bloomberg Politics https://ift.tt/ErJ3pIS
The Trump campaign has seen upticks in fundraising during pivotal moments of his legal battles. https://ift.tt/K6VXp81 June 03, 2024 at 07:44PM
European stocks gained on Monday, rebounding from a second straight weekly decline, as investor attention turned to a pivotal European Central Bank meeting this week. from Bloomberg Markets https://ift.tt/LG7bsmS
Ethereum is seeing a turnaround in sentiment owing to the SEC approval of a spot Ether ETF that is set to go live sometime next month. According to CoinShares’ latest report, Ethereum-based investment products experienced a second consecutive week of inflows marking a reversal from a 10-week outflow streak amounting to $200 million. Over the…
Republicans are capitalizing on the polarizing conviction of former President Trump in his criminal trial. As they aim to win back the Senate majority in November’s elections, the GOP is going on offense in reliably red state Montana, where Democratic Sen. Jon Tester is fighting for his political life. Tim Sheehy, the overwhelming frontrunner for…
Palestinians returning to the camp in northern Gaza express shock at the level of devastation they found. https://ift.tt/sQYB973 June 03, 2024 at 08:09PM