🇺🇸FOMC Meeting Minutes:

- Uncertainty has increased, need to take a cautious approach to QE;
- Fed may face difficult trade-offs if inflation persists and labor market weakens;
- There are upside risks to inflation due to duties;
- It is appropriate to wait on rates.

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🚨🚨 IBM is cutting 8,000 jobs as AI replaces human roles, with HR hit the hardest.

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🇨🇦 Canada's largest pension fund has now allocated 47% of its total portfolio ($243 Billion) to U.S. assets, an increase from 42% last year, per FT.

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🇺🇸 LATEST: Bergen County to tokenize $240 billion in property deeds on Avalanche blockchain.

The 5-year project will digitize 370,000 property deeds across New Jersey's most populous county.

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Over the last 12 hours:

1. Reporter asks Trump about the "TACO" (Trump Always Chickens Out) trade

2. Trump responds “Don’t ever say what you said.”

3. Trump orders US chip designers to stop selling to China

4. US pauses exports of chip software and jet engine technology to China

5. US announces that they will begin revoking visas of Chinese students

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BREAKING: 🚨🚨 HP stock, $HPQ, falls over -17% after missing earnings and guidance expectations, claiming it was due to “added cost” from tariffs.

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🇺🇸 Elon Musk officially leaves the Trump administration.

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🇺🇸 BREAKING: US Labor Department withdraws 2022 warning against crypto in 401(k)s, clearing path for Bitcoin in retirement plans.

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NEW : 📊 SEBI has given the nod to the joint venture of Jio Financial Services and #BlackRock to start business in India 🇮🇳

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BREAKING: 🇺🇸 Fed Chair Jerome Powell met with President Trump today at the White House, the first time they met

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🇺🇸 White House says there will be no increase in the US deficit under President Trump’s tax bill.

Recent estimates have suggested the bill would increase the US deficit by $3.8 trillion.

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BREAKING: 📊 Nvidia stock, $NVDA, rises over +4% after reporting record quarterly revenue of $44.1 billion.

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🇺🇸 White House Economic Advisor Hassett says President Trump “has different options” on tariffs.

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🇫🇷 France to ban smoking outdoors at most places, including beaches, parks, and near schools.

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JUST IN: IMF approves $120 million loan to El Salvador 🇸🇻 amidst ongoing Bitcoin purchases.

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BREAKING: 🚨🚨 Oil prices fall on reports that OPEC may discuss raising oil production by more than 411,000 barrels per day beginning in July.

OPEC continues to raise production into a weak oil market.

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A Red start to the day for the 🇺🇸 stock market.

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BREAKING: 🚨 JPMorgan, $JPM, CEO Dimon has said: you're going to see a crack in the bond market.

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BREAKING: 🇺🇸 The White House says tariffs on steel will rise from 25% to 50% beginning next week.

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🚨🚨 Canada is entering a recession and will soon bleed another 100,000 jobs, TD chief economist has said.

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BREAKING: 🚨🚨 President Trump says it is his "great honor" to raise tariffs on both steel and aluminum from 25% to 50% beginning on June 4th.

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