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June 12, 2021

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Bitcoin falls 5.71% To $35,210

Reuters
Bitcoin dropped 5.71% to $35,210 at 0600 GMT on Saturday, losing $2,131.11 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 45.7% from its 2021 high of $64,895.22 on April 14. Ether , the coin linked to the ethereum blockchain network, dropped 2.54 % to $2,293.26......

GOP Rep. Byron Donalds calls CBC silence on membership delay ‘off-putting’

Politico
Politico.com – For more and to sign up click here The CBC’s membership has largely been comprised by Democrats, and while it has included Black Republicans in the past, some have made a point not to join the group. Currently there are no GOP members of Congress in the CBC.......

Asian shares hold range as investors eye U.S. CPI

Reuters
A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-Hoon/File Photo Asian shares edged higher but held their recent trading range on Thursday as investors focussed on U.S. inflation data and the risk of an upside surprise that could prompt the......

S&P 500 teases record closing high as retail frenzy churns

Reuters
The S&P 500 (.SPX) hovered near a record closing high on Wednesday, as institutional investors looked to coming inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy. The retail “meme stock” craze continued unabated. The gains of all three major U.S. stock......

World stocks near record high, U.S. bond yields near 1-month low

Reuters
World stock prices held near record highs on Wednesday, while U.S. bond yields flirted with their lowest levels in a month, as investors bet the Federal Reserve is some way off from tapering its economic stimulus. MSCI’s all-country world index (.MIWD00000PUS) last stood at 716.64, after scaling an intraday high......

Oil prices climb on signs of strong fuel demand recovery

Reuters
Oil prices rose for a second session on Wednesday on signs of strong fuel demand in western economies, while the prospect of Iranian supplies returning faded as the U.S. secretary of state said sanctions against Tehran were unlikely to be lifted. Brent crude futures were up 37 cents, or 0.5%,......

Private investigator describes how he followed Rep. Mo Brooks’ wife into her garage to serve a lawsuit tied to the Capitol riot

CNN
USA TODAY – For more and to sign up click here The lawsuit was filed in March by Swalwell, a California Democrat and fierce critic of former President Donald Trump. The suit attempts to hold Brooks, Trump, and other Republicans civilly responsible for the January 6 insurrection. Brooks was named......

Dollar shuffles higher, shares bask near peaks

Reuters
Markets were in their comfort zone on Tuesday, with world stocks hovering just off record highs, the dollar lifted by upcoming inflation data and the main volatility gauges all looking reassuringly calm. There was some pressure on sterling as the British government considered whether to delay removing most of its......

Asia shares pare gains on caution, oil falls again

Reuters
Asia stocks reversed early gains on Tuesday, with traders sidelined ahead of U.S. inflation data and a European monetary policy meeting this week while oil prices lost more ground on worries over the fragile state of the global recovery. E-mini futures for the S&P 500 index were up 0.07%, while......

GOP Rep. Liz Cheney joins board of Gerald R. Ford Foundation

Detriot News
Detroit News – For more and to sign up click here U.S. Rep. Liz Cheney, a Wyoming Republican recently ousted from her top post in the GOP, has joined the board of trustees at the Gerald R. Ford Presidential Foundation, officials announced Monday. The unanimous vote at the board’s annual meeting came......

Dollar dips slightly as investors wait on the sidelines

Reuters
An employee of the Korea Exchange Bank counts one hundred U.S. dollar notes during a photo opportunity at the bank’s headquarters in Seoul April 28, 2010. REUTERS/Jo Yong-Hak/File Photo The dollar edged lower on Monday as investors looked ahead to European and U.S. central bank meetings and U.S. inflation data......

Asia shares hesitate, China imports underpin resources

Reuters
Asian shares turned sluggish on Monday as relief over a benign U.S. jobs report was chilled by caution ahead of key inflation data, while a coronavirus outbreak in Taiwan took an increasing toll on hard-pressed chip makers. Data out of Beijing showed China’s imports grew at their fastest pace in......

Oil retreats as investors await Iran nuclear talks this week

Reuters
Oil pulled back after hitting fresh multi-year highs on Monday, as investors awaited the outcome of this week’s talks between Iran and world powers over a nuclear deal that is expected to boost crude supplies. Brent crude futures for August fell 38 cents, or 0.5%, to $71.51 a barrel by......

Video appears to show Oregon state Rep. Mike Nearman explaining how to get inside state Capitol building

CNN
USA TODAY – For more and to sign up click here The video, which is being reported by Oregon Public Broadcasting, is posted on YouTube and with a stamp that says it was streamed December 16, 2020. The 78-minute video shows Nearman speaking to an unidentified audience about steps to......

Trump endorses Rep. Ted Budd for Senate

TheHill
USA TODAY – For more and to sign up click here Jordan Williams Former President Trump on Saturday endorsed Rep. Ted Budd (R-N.C.) to replace retiring Sen. Richard Burr (R) in 2022. During his speech at the North Ca… Source link To Return to the Main Aggregate News Page –......

Rep. Alexandria Ocasio-Cortez backs Maya Wiley for New York City mayor

CNN
USA TODAY – For more and to sign up click here Wiley now has the support of two of the state’s highest profile members of Congress in Ocasio-Cortez, who represents parts of Queens and the Bronx, and Rep. Hakeem Jeffries, chair of the House Democratic Caucus. The decision is likely......

Global equities nearly grasp all-time record, dollar drops after U.S. jobs data

Reuters
Global stocks rallied on Friday and closed near all-time highs, and oil and gold rose while the dollar dropped after U.S. jobs data was strong but not as robust as expected, easing investor worries that the Federal Reserve would soon rein in monetary stimulus. U.S. employers increased hiring in May......

Wall St opens higher as jobs report tempers inflation worries

Reuters
Wall Street’s main indexes opened higher on Friday after data showed smaller-than-expected jobs growth in May, easing concerns about the economy running too hot and causing an early tightening of monetary policy. The Dow Jones Industrial Average (.DJI) rose 41.7 points, or 0.12%, at the open to 34618.69. The S&P......

Asia tracks Wall St lower as U.S. inflation bets perk up

Reuters
Asian stocks followed Wall Street lower on Friday as signs of a strengthening U.S. recovery boosted bets for higher inflation and an earlier tapering of Federal Reserve stimulus. U.S. Treasury yields jumped, lifting the dollar and hurting tech shares, after better-than-expected employment data overnight raised expectations for a strong reading......

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