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US sanctions Iran’s largest digital asset exchange Nobitex and 3 others

WASHINGTON (AP) - As part of the Trump administration's ongoing campaign to pressure Iran into a deal that would end an ongoing war with the U.S. and Israel, the U.S. placed sanctions on Iran's largest digital asset exchange and three other exchanges, Tuesday. Included ...
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Trump signs an executive order that invites vetting of top AI models for national security risks

President Donald Trump signed an executive order on oversight of artificial intelligence Tuesday, less than two weeks after postponing a White House ceremony over his concerns that a similar policy could dull America's technological edge. The order establishes a framework for the federal government to ...
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Trump makes changes to steel, aluminum and copper tariffs

NEW YORK (AP) - President Donald Trump on Monday adjusted tariffs on some steel, aluminum and copper imports, lowering some tariffs on farming equipment and extending the lower rate to other equipment. In an executive order, Trump lowered tariffs on agricultural equipment, including combines and ...
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Movie Review: ‘Masters of the Universe’ does not have the power

"Masters of the Universe" might not know who its audience is. Sure, yes, perhaps "everyone" is the goal. Modern blockbusters are usually aiming for those golden four quadrants that might justify spending hundreds of millions of dollars to make a movie about an old ...
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Goldman CEO says high oil prices could shift consumer behavior in second half of 2026

By Saeed Azhar and Manya Saini NEW YORK, June 2 (Reuters) - Goldman Sachs CEO David Solomon expects consumer behavior to change in the second half of 2026 if inflation picks up, fueled by higher oil prices. "You're going to see more shifts in consumer behavior," ...
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THE LATEST: WHITE HOUSE NEWS

WASHINGTON (AP) - Secretary of State Marco Rubio will face a litany of questions Tuesday about the Trump administration's diplomatic efforts around the world, including Iran, when he appears for back-to-back hearings on Capitol Hill for the first time since the Iran war began. ...
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Trump taps housing finance director Pulte as acting director of national intelligence after Gabbard

WASHINGTON (AP) - President Donald Trump has tapped federal housing finance Director Bill Pulte to be acting director of national intelligence to replace Tulsi Gabbard. Trump made the surprise announcement Tuesday on Truth Social regarding Pulte, the director of the Federal Housing Finance Agency and ...
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EasyJet lures takeover interest as investors spot a bargain

By Raechel Thankam Job and Ankita Bora June 2 (Reuters) - British budget airline easyJet has caught the eye of U.S. investment firm Castlelake for a possible takeover. While easyJet has called the timing "highly opportunistic", analysts say its low valuation, slots at key airports and ...
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Morning Bid: Nvidia chief to Asia: ‘We’re still supply constrained’

A look at the day ahead in European and global markets from Gregor Stuart Hunter Nvidia CEO Jensen Huang says the company has enough supply for "very, very robust growth" linked to the AI boom. But it still needs more. Speaking at a conference in Taipei ...
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Analysis-Euro zone firms struggle to raise prices despite Iran war shock

By Francesco Canepa and Rob Lang FRANKFURT, June 2 (Reuters) - Only a third of the euro zone's largest companies have indicated they are raising prices in response to the Iran war, a Reuters analysis of listed corporate earnings commentary shows, suggesting a weak economy ...
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BOJ should signal clear rate path after June hike, SMFG markets chief says

By Makiko Yamazaki and Miho Uranaka TOKYO, June 2 (Reuters) - The Bank of Japan should lay out a clear path for policy normalisation after a widely expected rate hike this month to stabilise the bond market, Sumitomo Mitsui Financial Group's global markets chief, Arihiro ...
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Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire.

TOKYO (AP) - Asian shares mostly declined Tuesday as renewed fighting threatened the U.S.-Iran ceasefire. U.S. futures also fell. Japan's benchmark Nikkei 225 slipped 1.6% to 65,833.49 and South Korea's Kospi dipped 1.7% to 8,642.82. The Hang Seng gained 1.2% to 25,698.75, while the ...
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