Guindos Says ECB Must Consider Weaker Growth at June Meeting

The European Central Bank should take a close look at how badly the Iran war is weighing on the economy when it decides whether to raise interest rates next month, according to Vice President Luis de Guindos.

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Bloomberg Markets

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In America, Big Tech’s AI data centers come first — and your community will be last to know

An unexpected power crisis facing 49,000 California households could be just one of many as tech giants monopolize local electricity.

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Abercrombie shares jump 13% on earnings beat even as Iran conflict hits sales

Abercrombie & Fitch saw sales in Europe, Middle East and Africa decline by 10%, thanks in large part to the conflict in the Middle East.

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Bloomberg Markets

Canada’s Carney to Meet Macron in Paris Ahead of June G7 Summit

Canadian Prime Minister Mark Carney will make an early visit to Paris ahead of the Group of Seven leaders summit next month to meet with French President Emmanuel Macron, according to people familiar with the matter.

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BlackRock’s IBIT Sees $1.3 Billion Dark Pool Sale as ETF Outflows Deepen

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