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Europe's bourse share trading claims inaccurate, says industry body The bulk of share trading in the European Union takes place on exchanges with relatively little inside banks, an industry body said on Tuesday in a bid to stop what it called bourses seeking to "perpetuate their dominance". via FOX BUSINESS NEWS https://ift.tt/3p9aU7R

Gold eyes best month since July 2020 on softer dollar, inflation woes Gold prices rose on Monday and were headed for their best monthly jump since July 2020, boosted by a weaker U.S. dollar and lower bond yields, while growing inflationary pressure also lifted demand for the safe-haven metal as a hedge. via FOX BUSINESS NEWS https://ift.tt/3wRY4xz

Miami to host largest cryptocurrency conference in history Miami is hosting the largest-ever cryptocurrency conference this week in a sign that what was once dismissed as a passing fad is now going mainstream. via FOX BUSINESS NEWS https://ift.tt/3c3bCy4

Biden's first budget keeps key Trump tax break for businesses intact President Biden on Friday unveiled a $6 trillion budget proposal that keeps in place a Trump-era tax break for owners of closely held businesses. via FOX BUSINESS NEWS https://ift.tt/3i6BAVa

Bitcoin contends with biggest monthly drop on record Bitcoin was flirting with its biggest monthly decline on record as May comes to an end. via FOX BUSINESS NEWS https://ift.tt/3c4oN1C

Bitcoin, June jobs, Zoom earnings and Powell remarks top week ahead The May jobs reports, Miami's Bitcoin conference, and Yellen's first overseas trip highlight the week ahead. via FOX BUSINESS NEWS https://ift.tt/3c2I1EP

Intel CEO reiterates warning that global chip shortage could last years Intel Corp.’s CEO reiterated on Monday that the global shortage of semiconductors could take a few years to resolve. via FOX BUSINESS NEWS https://ift.tt/34vzVjV

Bitcoin trades above $36,000 as cryptocurrencies edge mostly higher Bitcoin was volatile early Monday morning beginning the day at $36,328 before slumping to a daily low of $34,401. Shortly after 3 a.m. Eastern, the cryptocurrency was trending higher again, hitting $35,964, Coindeck reported. via FOX BUSINESS NEWS https://ift.tt/3vDNtpw

Bitcoin, ADP employment, Zoom earnings top week ahead FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days. via FOX BUSINESS NEWS https://ift.tt/3wJZMku

Biden administration extends bipartisan infrastructure talks into June The Biden administration said Sunday that talks over a $1.7 trillion infrastructure package would need to show a “clear direction” toward agreement by the time Congress returns from recess in early June, signaling that Democrats might be preparing to go it alone on a broad plan to rebuild roads and bridges, expand broadband service and create programs to help care for the elderly and disabled Americans. via FOX BUSINESS NEWS https://ift.tt/3fXamxF

Goodyear faces allegations of labor abuse in Malaysia, documents show American tire manufacturer Goodyear Tire & Rubber Co (GT.O) is facing accusations of unpaid wages, unlawful overtime and threats to foreign workers at its Malaysian factory, according to court documents and complaints filed by workers. via FOX BUSINESS NEWS https://ift.tt/3fZ9VTl

Best and worst states for military retirees What are the best and worst states for military veterans nearing retirement? via FOX BUSINESS NEWS https://ift.tt/3uxv4t5

Google employees shared concerns over location tracking, Arizona lawsuit reveals An ongoing lawsuit against Google by Arizona, which alleges that the tech behemoth would continue to collect location information even when users had turned tracking off, has revealed that some of Google’s own employees had concerns about the practice. via FOX BUSINESS NEWS https://ift.tt/3uCHYWO

Biden proposes budget, still waiting on last Cabinet member OMB director nominee via FOX BUSINESS NEWS https://ift.tt/34s5480

Biden's $6T budget predicts tepid economic growth for the decade President Biden's budget blueprint predicts modest economic growth during his presidency and beyond, despite the rosy rhetoric Biden has projected on how a federal spending spree is needed to spur on job creation. via FOX BUSINESS NEWS https://ift.tt/3fx0A6o

Memorial Day: Is the stock market open? The equity markets in the U.S. will be closed Monday for Memorial Day. via FOX BUSINESS NEWS https://ift.tt/3p3zYgl

Despite Colonial Pipeline attack, likelihood of utilities sector hack has increased A key metric that indicates vulnerability to cyberattacks has increased since the start of the year, a cybersecurity firm says. via FOX BUSINESS NEWS https://ift.tt/34srIgm

Texas bans law enforcement partnerships with reality TV shows Texas Gov. Greg Abbott signed a bill into law Friday that will make it illegal for law enforcement agencies in the state to partner with reality TV shows. via FOX BUSINESS NEWS https://ift.tt/3urqiO1

Republicans declare Biden’s budget proposal ‘dead on arrival’ The White House on Friday unveiled a $6 trillion budget proposal for fiscal year 2022 which would push debt levels to the highest they’ve been since World War II, and Republicans on Capitol Hill are calling the proposal “dead on arrival” in Congress. via FOX BUSINESS NEWS https://ift.tt/2R2fV5z

Why it's so hard to fill jobs in certain states The labor-market recovery after the coronavirus pandemic and related shutdowns is playing out unevenly across the U.S., from states where there are five openings for every unemployed worker to several where historically high jobless rates persist. via FOX BUSINESS NEWS https://ift.tt/3wJO9tU

California man laundered millions in Bitcoin and cash, gets 2-year sentence, authorities say A California man who admitted to operating an unlicensed virtual currency business and laundering millions in Bitcoin and cash, has been sentenced to two years in federal prison, according to a report. via FOX BUSINESS NEWS https://ift.tt/34u87wA

Economic uncertainty frames the future Janney Montgomery Scott chief investment strategist Mark Luschini says current state of the economy is 'indicative' of 'very strong' growth via FOX BUSINESS NEWS https://ift.tt/3yLbe0N

UFO's seen swarming around Navy vessel in newly released footage UFO expert Nick Pope calls the new revelations 'nothing short of sensational and extremely concerning' via FOX BUSINESS NEWS https://ift.tt/2SAYwRN

Can consumers keep carrying this economy? Veritas Financial managing partner Greg Branch, Michael Lee of Michael Lee Strategy and Advisors Capital Management partner JoAnne Feeney provide insight into today’s markets, inflation fears, earnings, the Federal Reserve and cryptocurrencies. via FOX BUSINESS NEWS https://ift.tt/3hVNZeG

Fort Lauderdale mayor on future of cruises Fort Lauderdale, Florida Mayor Dean Trantalis discusses the CDC approving the first cruise to sail out of the U.S. in over a year in June. via FOX BUSINESS NEWS https://ift.tt/3wHQsO0

Facebook ends ban on posts suggesting COVID is 'man-made' Biotech entrepreneur Vivek Ramaswamy reacts to Facebook ending its ban on posts suggesting coronavirus was 'man-made.' via FOX BUSINESS NEWS https://ift.tt/2RSs8Ku

SolarWinds hackers' latest attack on US agencies: New details emerge New details are emerging from a cyberattack that hit about 3,000 email accounts and 150 government agencies spanning 24 countries, including the U.S., this week via FOX BUSINESS NEWS https://ift.tt/3oYEc92

Amazon price target high, company has emerged stronger from COVID crisis: Expert Evercore ISI senior managing director Mark Mahaney argues Amazon's stock will go to $4,500 because of strength the company has gained in the retail sector. via FOX BUSINESS NEWS https://ift.tt/34tfiox

Amazon rolls out ZenBooth for warehouse employees The tiny booths, also known as "Mindful Practice Rooms," are part of the e-commerce giant's recently announced WorkingWell program. via FOX BUSINESS NEWS https://ift.tt/3uujzTi

Amazon vs. America? People want to know where products are made but Amazon doesn't want to tell you Americans overwhelmingly want to know where the products they buy are made—including ones bought online. via FOX BUSINESS NEWS https://ift.tt/3wLyqKR

Bitcoin won’t displace stocks, exchange trading: NYSE Chair Cunningham Bitcoin and other cryptocurrencies, while popular among investors, don't carry the same trading protections in place for U.S. stocks. via FOX BUSINESS NEWS https://ift.tt/2RQBdmU

Mulvaney on Biden’s $6T budget plan: Modern monetary theory a ‘dangerous game’ Mick Mulvaney on what to expect from Biden’s proposed $6 trillion budget that Democrats claim will "reshape America." via FOX BUSINESS NEWS https://ift.tt/3fr1p0y

Varney: Biden wants to spend trillions to transform America along socialist lines FOX Business' Stuart Varney in his latest "My Take" on "Varney & Co." provided insight into President Biden's $6 trillion budget proposal. via FOX BUSINESS NEWS https://ift.tt/2R4zYjQ

McConnell: Republicans 'open to spending more' on infrastructure Senate Republican Leader Mitch McConnell said Republicans are “open to spending some more” on infrastructure after a group of GOP members put forth a $928 billion counterproposal on Thursday. via FOX BUSINESS NEWS https://ift.tt/3vtDhzL

Biden: ‘I’m a capitalist, but here’s the deal’ President Biden reminded the audience while delivering remarks on the economy that he is a “capitalist,” but believes that executive wages have soared far too high above those of the working class. via FOX BUSINESS NEWS https://ift.tt/3bZwKp0

Conservatives blast Facebook over sudden decision to end ban on COVID origin posts Conservatives did not hold back criticism of Facebook after the social media giant suddenly decided to end its moratorium on posts related to the origin of COVID-19. via FOX BUSINESS NEWS https://ift.tt/3fTUiww

Foster Friess, investor and Republican donor, dies at 81 Businessman, Republican donor and onetime Wyoming governor candidate Foster Friess passed away at the age of 81. via FOX BUSINESS NEWS https://ift.tt/2TprBA8

Stock futures rally as Biden set to roll out $6T budget proposal U.S. stock futures rallied Friday as President Biden is set to unveil his $6 trillion budget proposal. via FOX BUSINESS NEWS https://ift.tt/3uroMLD

AMC, GameStop, Virgin Galactic short-sellers down $2.7B this week AMC and GameStop got the love this week from retail traders which is putting an even bigger squeeze on short-sellers. via FOX BUSINESS NEWS https://ift.tt/3oVoFqE

US Justice Department starts probe on Archegos collapse, report says The U.S. Department of Justice is investigating the collapse of Bill Hwang's Archegos Capital Management, which cost big global banks more than $10 billion in losses. via FOX BUSINESS NEWS https://ift.tt/34rnXYM

Latch announces expansion into commercial office spaces including iconic NY buildings Latch CEO Luke Schoenfelder explains how the smart building operation system will help people returning to offices after lockdown. via FOX BUSINESS NEWS https://ift.tt/3p5AOJB

Bitcoin price slides along with other cryptocurrencies Bitcoin was trading nearly 5% lower on Friday morning. via FOX BUSINESS NEWS https://ift.tt/3fvgiic

Stock futures rise ahead of holiday weekend U.S. equity futures are trading higher ahead of the final trading session before the Memorial Day weekend. via FOX BUSINESS NEWS https://ift.tt/3yLQmXu

After Colonial attack, energy companies rush to secure cyber insurance via FOX BUSINESS NEWS https://ift.tt/2SxbHTO

Microsoft: SolarWinds hackers target 150 orgs with phishing via FOX BUSINESS NEWS https://ift.tt/3bYWQZo

Big corporations beginning to regret mixing business with politics Bowyer Research president Jerry Bowyer weighs in on big companies' publicizing their political support: 'they have buyers' remorse' via FOX BUSINESS NEWS https://ift.tt/3vvx1Ym

Facebook no longer banning content questioning COVID-19 origins Kara Frederick and Matt Schlapp discuss Facebook's overturning their rules that left some banned via FOX BUSINESS NEWS https://ift.tt/3fOHQy5

Costco sees shipping costs rise on fresh meats, imported cheeses The Issaquah, Washington-based company reported quarterly double-digit net sales growth of 21.7% to $44.38B, up from $36.45B a year ago. via FOX BUSINESS NEWS https://ift.tt/3wFwTG4

Biden to deliver 'major' speech on the economy, defending his record and pushing massive new spending President Biden is set to deliver a "major" speech on the economy Thursday afternoon in Cleveland, Ohio, and is expected to tout his record, saying it is "working," while pushing new spending plans as the economy stands at an "inflection point." via FOX BUSINESS NEWS https://ift.tt/3bWJj4v

Biden easing China sanctions 'can't be justified': Ex-Reagan director of intl. economic affairs Roger Robinson Jr. warns against a potential "fundamental shift" on China policy in the Biden administration. via FOX BUSINESS NEWS https://ift.tt/2QUJUw4