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Trending: US-Iran tensions underpin dollar as yen nears 40-year low
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US Supreme Court expands Second Amendment rights, eyes more gun cases

By John Kruzel WASHINGTON, June 26 (Reuters) - The U.S. Supreme Court in a pair of new rulings has further expanded the Constitution's Second Amendment right "to keep and bear arms," as the justices consider whether to take up additional ...
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Mediators worked through threats and strikes to broker the US-Iran deal, and challenges remain

ISLAMABAD (AP) - As the U.S. and Iran exchanged escalating strikes on June 11, a plane carrying Qatari mediators was stranded on the tarmac in Tehran. They had been engaged in intensive talks through the night, attempting to halt what ...
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Newsom urges a national ‘billionaires’ tax’ while fighting one in California

California Gov. Gavin Newsom, a Democrat who is considering a run for president as he approaches the end of his term, called for a national "billionaires' tax" on Friday even as he fights another proposal targeting the wealthy in ...
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Tech weakness sends weekly global equity fund inflows sharply lower

June 26 (Reuters) - Global equity fund inflows slowed sharply in the week to June 24, as concerns over debt-funded technology spending and a hawkish stance of the U.S. Federal Reserve cooled risk appetite. Investors purchased a net $7.51 billion ...
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Wall St futures fall as chip stocks resume slide after Micron-led rally

June 26 (Reuters) - Futures tied to the tech-heavy Nasdaq led Wall Street losses on Friday, as chip stocks came under renewed pressure after a sharp rally in the previous session, while some megacap technology names also slipped. Memory chipmaker ...
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Fed Chair Warsh taps veteran economists as advisers, WSJ reports

June 26 (Reuters) - Federal Reserve Chairman Kevin Warsh has tapped Daniel Covitz and Eric Engstrom, two veteran central-bank economists, to serve as advisers, the Wall Street Journal reported on Friday, citing people familiar with the matter. Reuters could ...
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China Eastern Airlines to buy 25 Airbus A330 neo jets for $9.4 billion

BEIJING, June 26 (Reuters) - China Eastern Airlines plans to buy 25 A330 neo jets from Airbus for a catalogue price of about $9.4 billion, it said in a filing to the Shanghai Stock Exchange on Friday. The aircraft are ...
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Jobs data, rate bets in focus as US stocks close solid first half

By Lewis Krauskopf NEW YORK, June 26 (Reuters) - Jobs data in the coming week will shed light on the U.S. economy's strength, which could raise prospects for near-term interest rate hikes, adding potential volatility to a stock market already ...
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Russell rebalance could add to SpaceX volatility

By Noel Randewich June 26 (Reuters) - Even by SpaceX standards, Friday is shaping up as an eventful trading session as investment funds tracking Russell indexes prepare to add billions of dollars' worth of Elon Musk's internet and rocket company ...
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Asia shares retreat as Apple price hikes rain on chip parade

By Stella Qiu SYDNEY, June 26 (Reuters) - Asian shares pulled back on Friday after a stellar quarter, as Apple's hefty price hikes revealed the downside of booming chip demand, while the threat of Japanese intervention kept the yen from ...
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Oil down 2% amid resumption of Hormuz shipments even as vessel hit near Oman

By Mohi Narayan and Sam Li NEW DELHI, June 26 (Reuters) - Crude prices sank 2% on Friday and were headed for steep weekly losses amid easing supply concerns as more stranded oil tankers exited the Strait of Hormuz, even ...
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US moves ahead with $700 million jet engine sale to Turkey despite lawmaker concerns

By Humeyra Pamuk June 25 (Reuters) - President Donald Trump's administration has formally notified Congress of its intention to sell dozens of jet engines worth more than $700 million to Turkey, according to a copy of the formal notification seen ...
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