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US bond market expects rate hikes the Fed may never deliver

The U.S. Federal Reserve is becoming tougher for Wall Street to forecast, with dramatically different views ​on where monetary policy is headed.

June 25, 2026
News

King Charles will not live at Buckingham Palace after refit, officials say

King Charles will not live at Buckingham Palace after its 10-year refurbishment finishes next year, royal officials said on Thursday, ​ending nearly two centuries of the central London landmark serving as the British monarch’s primary residence.

June 25, 2026
News

On the streets and in hospitals, Venezuelans scramble to save lives after quake

Nearly 24 hours after devastating twin earthquakes in Venezuela, people in the coastal city of La Guaira were still using their hands to dig through ​rubble, trying to rescue their neighbors.

June 25, 2026
News

What does Bayer’s US Supreme Court win mean for the thousands of Roundup lawsuits?

Thousands of lawsuits allege the German company’s Roundup weedkiller causes cancer.

June 25, 2026
News

Elon Musk ordered to testify in election lottery cases; one lawsuit may be narrowed

A federal judge ordered Elon Musk to testify under oath in two proposed class actions accusing him of defrauding voters in swing states before the ​2024 election by promising a $1 million-a-day giveaway.

June 25, 2026
News

Oil prices climb 2% on new supply worries after cargo ship hit near Oman

Oil prices edged up about 2% on ​Thursday after a cargo vessel was hit by an unknown projectile near Oman, sparking worries about how long it could take for oil flows ‌in the Middle East to return to levels seen before the U.S.-Israeli war on Iran.

June 25, 2026
News

Ferrari’s divisive new EV car needs to be ‘digested’, company exec says

Ferrari’s first-ever EV model, which has triggered a flurry of criticism since its unveiling last month, needs to be “digested” before it can be ​understood, the company’s Chief Product Development Officer Gianmaria Fulgenzi said ‌on Thursday.

June 25, 2026
News

Morgan Stanley was among first global banks to back MFS before boom and bust

Morgan Stanley was among the first Wall Street backers of Market Financial ​Solutions Ltd., lending credibility to the British private credit business before its boom and later collapse under $2.4 billion ‌of debt, documents reviewed by Reuters show.

June 25, 2026
News

Bumble dating app explores sale, sources say

Dating app Bumble is exploring a sale amid slowing growth in the online dating ​sector, according to three people familiar with the matter.

June 25, 2026
News

Nasdaq drops as tech megacap declines outweigh upbeat chip outlook

The Nasdaq dropped on Thursday, dragged ​down by losses in Big Tech shares, while a shift into other sectors lifted the S&P 500 and the Dow.

June 25, 2026

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  • Volkswagen weighs up to 100,000 job cuts, four plant closures in overhaul, sources say
  • Traffic through Strait of Hormuz slows after attack on ship
  • Iran insists on right to control shipping in Strait of Hormuz after ship hit near Oman
  • US Supreme Court expands Second Amendment rights, eyes more gun cases
  • On immigration, Supreme Court accedes to Trump’s restrictive agenda

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