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Dow touches record high as oil slides further

The blue-chip Dow touched a ​fresh record high ‌on Tuesday as oil prices slid further ​on optimism around ​a U.S.-Iran peace deal, ⁠while SpaceX ​surpassed Amazon’s market value ​to become the fifth most valuable U.S. firm.

June 16, 2026
News

Exclusive: Binance set to lose EU licence bid, permission to offer services in the bloc, sources say

Binance, the world’s largest crypto exchange, is set to lose permission to offer services ​to European Union clients within weeks as its application for a ‌licence is about to be turned down, two people familiar with the matter told Reuters.

June 16, 2026
News

SpaceX set to vault past Amazon in market value as shares extend IPO surge

Shares of Elon Musk’s ​SpaceX extended a post-IPO rally and rose more than 8% in premarket trading on Tuesday, putting ‌the company on course to overtake Amazon.com in market value to become the world’s fifth‑largest company.

June 16, 2026
News

Yen for more

The Bank of Japan delivers a widely expected 25-basis-point rate hike, but the yen fails to rally.

June 16, 2026
News

Republicans to pick Senate challenger to Jon Ossoff in Georgia runoff

Republican voters in Georgia ​will choose their U.S. Senate nominee in a runoff election on Tuesday, tapping either a congressman dubbed “MAGA Mike” ‌by President Donald Trump or a political outsider backed by Governor Brian Kemp.

June 16, 2026
News

EU lawmakers clear US trade deal to avert return to trade conflict

The European Parliament approved on Tuesday cutting duties on many ​U.S. goods imports to fulfill the European Union’s side of a trade ‌deal struck last year, and avert a new round of tariff conflict between the world’s largest trading partners.

June 16, 2026
News

SpaceX to buy AI coding startup Cursor for $60 billion in enterprise push

Elon Musk’s SpaceX said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor, for $60 billion, in ​a bid to ramp up its presence in the enterprise AI ‌market.

June 16, 2026
News

Georgia Republicans take on Ossoff; Oklahoma votes on minimum wage: Tuesday’s US primaries

Georgia Republicans go to the polls Tuesday to select their candidate for U.S. Senate to take on incumbent Jon Ossoff, a rising Democratic star and potential presidential candidate in 2028.

June 16, 2026
News

As US nears 250th birthday, Reuters/Ipsos poll shows many Americans doubt it will last another 250 years

As the U.S. approaches its 250th birthday next ​month, two out of five Americans do not believe it will endure another 250 years beyond that, according to a Reuters/Ipsos poll ‌that highlighted deep divisions over how the nation views itself.

June 16, 2026
News

Fast-tracked power plants fuel AI boom, with little public scrutiny

From the front window of her house, Breanne Kidd once watched the sun rise over farmland as she sipped coffee before toddlers arrived at her home daycare.

June 16, 2026

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  • Dow touches record high as oil slides further
  • Exclusive: Binance set to lose EU licence bid, permission to offer services in the bloc, sources say
  • SpaceX set to vault past Amazon in market value as shares extend IPO surge
  • Yen for more
  • Republicans to pick Senate challenger to Jon Ossoff in Georgia runoff

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