An Israeli woman attends to a dog as people take cover inside a cable car tunnel following a missile attack from Iran, Haifa, June 17, 2025. REUTERS/Itay Cohen |
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- Among the uncertainties facing Federal Reserve officials as they debate the proper setting of monetary policy, one of the trickiest has been divining where inflation is going, especially over the longer run. For more, watch our daily rundown on financial markets.
- Trump has said that he would soon nominate Jerome Powell's successor, with nearly a year left before the Federal Reserve chair's term ends. Investors said that could present a risky proposition for markets.
- Mass signal interference since the start of the conflict between Israel and Iran has affected nearly 1,000 ships in the Gulf, according to Windward, a shipping analysis firm.
- Wealth grew disproportionately quickly last year in the US, where over 379,000 people became new US dollar millionaires, more than a 1,000 a day, a report showed.
- The US Senate passed a bill to create a regulatory framework for US-dollar-pegged cryptocurrency tokens known as stablecoins, in a watershed moment for the digital asset industry.
- OpenAI CEO Sam Altman said that Meta has offered his employees bonuses of $100 million to recruit them, as the tech giant seeks to ramp up its artificial intelligence strategy.
- At least six cities and municipalities across China have suspended trade-in subsidies for car buyers in June, according to Reuters' review of government announcements, which could slow new car sales in the world's second-biggest economy.
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Oklahoma strives to become American hub for critical minerals processing |
MHP sits in a bin under a filter press at Green Li-ion's facility in Atoka, Oklahoma, February 17, 2025. REUTERS/Nick Oxford/File photo |
Nestled beneath Oklahoma's Wichita Mountains sits a two-story warehouse containing the only machine in the United States capable of refining nickel, a crucial energy transition metal now dominated by China. The facility, owned by startup Westwin Elements, aims to help Oklahoma become the epicenter for US critical minerals processing, a sector the country largely abandoned decades ago. |
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Artist's conception depicts warm, thin gas in a vast region between galaxies, courtesy of Jack Madden, IllustrisTNG, Ralf Konietzka, Liam Connor/CfA/Handout via REUTERS/Illustration |
The universe has two kinds of matter. There is invisible dark matter, known only because of its gravitational effects on a grand scale. And there is ordinary matter such as gas, dust, stars, planets and earthly things like cookie dough and canoes. Scientists estimate that ordinary matter makes up only about 15% of all matter, but have long struggled to document where all of it is located. |
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