“Only a d***head says ‘vibe coding’ without sarcasm or intended insult. This s*** is burning us out so f***ing hard.” This is the rather harsh opinion of a senior engineer at a mid-tier data company – let’s call him Michael. He’s talking about a new form of software development in which a user provides a […]
First-time claims for unemployment benefits in the U.S. unexpectedly increased in the week ended May 30th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 225,000, an increase of 13,000 from the previous week’s revised level of 212,000. Economists had expected jobless claims to edge
How to trade or invest in Oracle shares Investors interested in enterprise software and cloud infrastructure exposure through Oracle have several options. Here’s how to approach participation: Research Oracle’s latest results, cloud market dynamics and AI infrastructure trends thoroughly. Understanding enterprise technology and trading software sector dynamics helps inform decisions. Trading for beginners provides useful
2026.06.04 2026.06.04 Pound Steadies as Sluggish GDP Growth May Keep BoE on Hold. Forecast as of 04.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The futures market expects the repo rate to rise from 3.75% to 4.25% in 2026. However, the weakness of the UK economy and labor market will most likely prevent the Bank of England from taking aggressive
Turkey’s export performance cooled in May 2026, with total overseas shipments falling to $22.50 billion, down from $25.40 billion in April 2026. The latest trade data, updated on 4 June 2026, signal a notable month‑on‑month pullback following April’s stronger showing. The decline suggests a loss of momentum after April’s peak, which may reflect shifts in
The primary catalyst for this aggressive risk-off rotation was an escalation in Middle Eastern geopolitics. Fresh threats to the fragile US-Iran ceasefire, alongside reports of launched or attempted retaliatory strikes, sent shockwaves through risk assets. This geopolitical premium immediately bid up the energy complex, with both WTI and Brent crude jumping by around2%. Adding fuel
Usually, rising oil prices have generally been a source of support for Canadian Dollar. This week, however, that relationship is breaking down. Despite Brent crude climbing back above $95 per barrel as US-Iran negotiations remain deadlocked, Canadian Dollar has weakened sharply against its US counterpart. The key reason is a new threat from Washington that
Construction PMI 38.2 vs 40.2 expected Prior 39.7 Ouch. That’s a terrible reading as things are just getting worse for UK’s construction sector in Q2. The estimate indicates that construction output fell at its sharpest pace since May 2020. And if you discount the drop during the Covid pandemic, this marks the steepest decline in
Estonia’s industrial production declined for the third straight month in April, and at the fastest pace in more than one-and-a-half years, data from Statistics Estonia showed on Thursday. The volume of industrial production contracted 3.8 percent year-on-year in April, following a 2.9 percent decrease in March. Moreover, this was the steepest fall since August 2024,
Key takeaways Renewed clashes between the U.S. and Iran involving Kuwait and Bahrain reignited geopolitical concerns, driving oil prices sharply higher and triggering a broad risk-off move across global equity markets. The AI-led technology rally faced its first meaningful challenge after Broadcom’s disappointing guidance raised concerns about the pace of AI infrastructure revenue growth, prompting
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Swiss Franc has emerged as one of the weakest major currencies this week. As US-Iran negotiations drag on without a clear resolution, markets are steadily pricing out a swift agreement. Brent crude remains well above $90 and is threatening a return to triple-digit territory. While the situation has not escalated into a broader regional conflict,
Summary: The Trump administration announced Israel and Lebanon agreed to implement a ceasefire and establish security zones, contingent on a complete halt to Hezbollah fire and evacuation of its operatives from the South Litani sector; a previous ceasefire agreed last month had failed to hold Trump suggested a deal with Iran could come “over the
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The AIB Ireland Services PMI rose to 50.8 in May 2026 from 49.7 in April, indicating a slight expansion in activity, though it remained below its long-run average of 55. This was the highest reading since February, underpinned by a renewed increase in new business. The pace of new business growth was the strongest in
Imma never gonna sell man …. did, LOL: ICYMI! Strategy sells Bitcoin for first time since 2022, breaking “never sell” pledge Lose the bid!!! Bitcoin has lost its cool Bitcoin Futures Analysis Today: BTC Stalls Below 74,535 Saylor’s cost basis is around $75.5 per coin. Will probably try to buy more initially. Let’s see how
The news: Here we go again. Israel, Lebanon agree ceasefire framework, but Hezbollah holds the key. This article was written by Eamonn Sheridan at investinglive.com. Source link
