Russia bombarded Ukraine’s second-largest city with massive strikes in the early hours of Saturday, its mayor said, one night after Moscow carried out one of the war’s largest aerial assaults on Ukraine. Russia has conducted extensive attacks on Ukraine in recent days, in what is being viewed as retaliation for an audacious drone operation by Kyiv that debilitated more than a third of Moscow’s strategic cruise missile carriers. The northeastern city of Kharkiv – which sits about 30 kilometers (19 miles) from the Russian border – was shaken by “at least 40 explosions” on Saturday, killing at least two people and wounding more than a dozen, according to a Telegram post by Mayor Igor Terekhov. “Kharkiv is currently experiencing the most powerful attack since the start of the full-scale war,” Terekhov said. “The enemy is striking simultaneously with missiles, (drones) and guided aerial bombs. This is outright terror against peaceful…
The body of a Thai hostage, Nattapong Pinta, who was abducted alive during the October 7 attacks was recovered from southern Gaza in a military operation on Friday, according to a statement from the Israeli military and the Shin Bet security service. The announcement comes just days after Israel recovered the bodies of two Israeli-American hostages from Gaza. Pinta, 35, was taken from Kibbutz Nir Oz in southern Israel where he had been working in agriculture, according to an Israeli military official, who said it is estimated that he was killed during the first months of captivity. Pinta was a husband and father working in Israel to support his family in Thailand, the official said. “We will not rest until all the hostages, living and deceased, are returned home,” Defense Minister Israel Katz said in a statement. Pinta was abducted by the Mujahideen, the Israel Defense Forces (IDF) said, a…
Stay ahead of the market in under 30 minutes! In this video, Mary Ellen breaks down why the S&P 500 just broke out, which sectors are truly leading (industrials, technology & materials), and what next week’s inflation data could mean for your portfolio. This video originally premiered June 6, 2025. You can watch it on our dedicated page for Mary Ellen’s videos. New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link. If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.
After consolidating for two weeks, the Nifty finally appeared to be flexing its muscles for a potential move higher. Over the past five sessions, the Nifty traded with an underlying positive bias and ended near the week’s high point while also attempting to move past a crucial pattern resistance. The past week saw the Index oscillating in the 527-point range, which was in line with the previous weeks. The volatility also cooled off; the India VIX came off by 9% to 14.63 on a weekly basis. While staying largely in a range trading with a positive bias, the headline Index closed with a net weekly gain of 252.35 points (+1.02%). Over the past couple of weeks, the Nifty has traded in a well-defined range created between 24500-25100 levels. This would mean that the markets would remain devoid of directional bias unless they take out 25100 on the higher side or…
Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs by the consumer goods giant come as President Donald Trump’s tariffs have led a range of companies to hike prices to offset higher costs. The trade tensions have raised concerns about the broader health of the U.S. economy and job market. P&G CFO Andre Schulten announced the job cuts during a presentation at the Deutsche Bank Consumer Conference on Thursday morning. The company employs 108,000 people worldwide, as of June 30, according to regulatory filings. P&G faces slowing growth in the U.S., the company’s largest market. In its fiscal third quarter, North American organic sales rose just 1%. Trump’s tariffs have presented another challenge for P&G, which has said that it plans to raise prices in the next fiscal year, which starts in July. The company expects…
Investing in silver bullion has pros and cons, and what’s right for one investor may not work for another. Interest in the silver market tends to flourish whenever the silver price increases, with investors beginning to wonder if silver is a good investment and it is the right time to add physical silver to their investment portfolios. While silver can be volatile, the precious metal is also seen as a safe-haven asset, similar to its sister metal gold. Safe-haven investments can offer protection in times of uncertainty, and with tensions running high, they could be a good choice for those looking to preserve their wealth in difficult times. With those factors in mind, let’s look at the pros and cons of buying silver bullion. What are the pros of investing in silver bullion? Silver can offer protection Silver bullion is often considered a good safe-haven asset. As mentioned, investors often…
Justin Huhn, editor and founder of Uranium Insider, talks uranium supply, demand and prices. He emphasized that it’s still ‘very early’ in the cycle and that at this point no further catalysts are needed. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post appeared first on investingnews.com
The fragile trade truce between the United States and China has, for now, been pulled back from the brink. US President Donald Trump finally got his long-anticipated phone call with Chinese leader Xi Jinping, during which the two agreed to resume trade talks that had stalled over accusations from each side that the other had reneged on previous promises. Thursday’s 90-minute conversation brought a temporary reprieve from an escalating feud between the superpower rivals, but it offered no clear path toward resolving their deep-rooted divisions – especially over crucial supply chains that both sides consider vital to national security. US officials accused China of backpedaling on its pledge made during May talks in Geneva to ease export restrictions on rare earth minerals critical to a wide range of industries. Beijing, meanwhile, has bristled at Washington’s moves to warn companies against using China’s most advanced AI chips, restrict chip design software…
A young Tibetan controversially appointed by China’s atheist Communist Party as the second-highest spiritual leader in Tibetan Buddhism has pledged to make the religion more Chinese. Gyaltsen Norbu was installed by Beijing as the 11th Panchen Lama in 1995 in defiance of the religion’s highest authority the Dalai Lama, whose pick for the role — a six-year-old boy — has since vanished from public view. China has yet to reveal any information on the whereabouts of the missing boy. The Beijing-appointed Panchen Lama is dismissed as an imposter by many Tibetans at home and in exile, but he is often quoted in China’s state-run media toeing the Communist Party’s line and praising its policies in Tibet. In a rare meeting with Chinese leader Xi Jinping in Beijing on Friday, Gyaltsen Norbu vowed to make his own contributions to promoting ethnic unity and systematically advancing “the sinicization of religion,” state news…
Recently, the S&P 500 ($SPX) has been racking up a good number of wins. Since late April, the index has logged its third winning streak of at least five: a nine-day streak from April 22–May 2 and a six-day streak from May 12–May 19. That makes for a cluster of long winning streaks, which is something that also showed up in late 2023 and mid-2024. To put it simply, these bunches of buying usually show up in uptrends. Note how there were no five-day winning streaks during the three corrections pictured on the chart below (in August–October 2023, July–August 2024, and February–April 2025). Most of the clusters happened as the S&P 500 was in the middle of a consistent upswing; the only time we saw a long winning streak occur right before a big downturn was in late July 2024. That came after a strong three-month run from the April…









