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Top News Stories
Business · BrasíliaPresident Jair Bolsonaro has fired three presidents of state oil giant Petrobras as fuel prices soar in Brazil. Fuel prices in Brazil have increased more than 33 percent in the past year, according to official figures. The government proposed for Jose Mauro Coelho to be replaced by Caio Mario Paes de Andrade.See the Story
EXCLUSIVE Bolsonaro fires Petrobras CEO who warned of diesel crisis
46% Center coverage: 13 sources
Business · New YorkSnap Inc. said the economy had worsened faster than expected in the last month. The social media company slashed its quarterly forecast, triggering an after-hours sell-off.Shares of Snap fell 31%, Alphabet dropped 3.6% and Amazon dropped 2.2%. Nasdaq futures also fell, with traders blaming Snap.See the Story
Snap sends shares tumbling with warning on economy and earnings
58% Center coverage: 12 sources
Business · WashingtonThe Securities and Exchange Commission will vote Wednesday on whether to propose new rules. The new rules would require investment funds to provide standardized data backing up claims that the funds are environmentally friendly and leaders in social and governance issues. Concerns are growing that much of these funds are engaged in so-called greenwashing.See the Story
SEC to Propose More Disclosure Requirements for ESG Funds
46% Center coverage: 11 sources
Business · RiyadhSaudi Aramco (ARMCO) reportedly approached Valvoline (VVV) about a takeover. Talks are in the early stages, but shares are up 15%+ following the news. The strategy could make strategic sense for Aramco as it looks to diversify its largely commodity-based business lines.See the Story
Aramco Approached Valvoline About Potential Takeover
50% Center coverage: 10 sources
Stock MarketsJPMorgan has placed Bitcoin's fair value at $38,000, 28% higher than its current level of around $29,500. Bank strategist Nikolaos Panigirtzoglou was the lead author of that document. On the same day, venture capitalist Andreessen Horowitz announced the closing of its fourth cryptocurrency fund at $4.5 billion.See the Story
JPMorgan places BTC fair price at $38K, declares crypto a preferred alternative asset
75% Center coverage: 4 sources
CommoditiesEurasian Resources Group CEO Benedikt Sobotka predicts 20% rise in copper prices by end of 2022. Under-investment in mining of metals essential to energy transition, supply shocks and high energy prices will continue to drive commodity prices higher, he says. He believes a fossil fuel resurgence is temporary and the transition to a lower carbon economy cannot be stopped.See the Story
Commodities in 'perfect storm' says ERG, as crisis starts super cycle
100% Center coverage: 4 sources
Federal ReserveCrypto market settled into a holding pattern on May 25 after traders opted to sit on the sidelines ahead of the midday Federal Open Market Committee meeting. According to data from Alternative.me, the Fear and Greed Index seeing its longest run of extreme fear since the market crash in Mach 2020.See the Story
‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal
100% Center coverage: 2 sources
TaxesBrazil's Federal Reserve (RFB) has declared that Brazilian investors in the crypto-assets market must pay income tax on transactions that involve the like-kind exchange of cryptocurrencies. Only investors who trade more than BRL 35,000 (or roughly $7263.67 USD) in cryptocurrencies should pay tax.See the Story
Brazil's Federal Revenue now requires citizens to pay taxes on like-kind crypto trades
100% Center coverage: 2 sources
BitcoinBitcoin (BTC) is predicted to drop more than 70% to the $8,000 value area, according to comments by Guggenheim Chief Investment Officer Scott Minerd. This is not the first time he has made a bearish call, and he has, in the past, made bullish calls as well. Minerd's more recent calls have occurred just before major reversals.See the Story
Scott Minerd says Bitcoin price will drop to $8K, but technical analysis says otherwise
100% Center coverage: 2 sources
Latest News Stories
Europe · KyivSee the Story
Ukraine's embattled farmers running on empty as world faces food crisis
49% Center coverage: 8 sources
Ukraine · UkraineSee the Story
EBRD prepares to raise more funds to rebuild Ukraine
75% Center coverage: 4 sources
Wall StreetSee the Story
Bitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive
100% Center coverage: 2 sources
BitcoinSee the Story
Bitcoin price bottom signals flash as Fear and Greed Index matches March 2020 lows By Cointelegraph
100% Center coverage: 1 sources
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Tesla loses bid to move sexual harassment lawsuit to arbitration
54% Center coverage: 13 sources
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Gold prices fall on dollar strength; Fed minutes in focus By Reuters
Coverage: 2 sources
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