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elliott investment

Meta Plans Big Fund‑Raise to Power AI Growth

June 6, 2026

Meta is looking at new ways to gather money as it plans a major increase in AI spending. The company is considering selling more shares, following the example of Alphabet’s recent success in this area. Executives have been talking about different options, but the company has not yet chosen a f

technology

New AI Skills Needed for Finance Jobs

June 6, 2026

Finance roles are shifting. At a recent summit, a top executive from an AI firm said today’s hiring standards have changed. She explained that knowing Excel was once a must for finance staff, but now she would also require familiarity with an AI coding tool called Codex. This software lets users giv

crypto

Crypto Market Tumbles: Big Losses Hit Investors

June 6, 2026

The cryptocurrency world is in a slump, with big coins losing huge amounts of value. Bitcoin, the most famous digital coin, has slipped 25 % in a month and now trades near $60, 000 after a brief rebound. Its price is more than half of the peak it reached last October, cutting the entire market cap f

crypto

Elderly Woman’s Fight for Tax Relief After Losing Big in Crypto Scam

June 6, 2026

A South Carolina retiree is taking her case to the US Tax Court after losing over $800, 000 in a cryptocurrency scam. She claims she should be able to subtract those losses from her taxable income, but the IRS has denied that request. The denial has left her with a tax bill of more than $320, 000

politics

US Firms Gain from Hormuz Blockade, Russia’s Oil Chief Claims

June 6, 2026

The Strait of Hormuz is a narrow waterway that lets about 20 % of the world’s oil pass through. When Iran shut it down after a U. S. and Israeli attack in February, the move shocked markets worldwide. Oil prices jumped to levels not seen in years and inflation rose everywhere. Rosneft’s boss, Igor

business

Main Street in South Bend gets a temporary detour for big changes ahead

June 6, 2026

South Bend is preparing for some major updates that will transform a key part of the city. Starting June 8, Main Street between Marion Street and LaSalle Avenue will close for nearly three weeks. The reason? A new water main pipe is being installed underground. This work is just the beginning of a m

politics

Birthday Battles: When the White House Turns into a Fight Club

June 6, 2026

The White House lawn is getting an unusual upgrade for a presidential birthday—an octagon cage set up for seven mixed martial arts matches. On June 14, just as America marks 250 years since its founding, guests will watch fighters step in from the Oval Office to throw punches while dignitaries, cele

finance

Indonesia’s Bond Market Beats the Rupiah Drop

June 5, 2026

Indonesia’s finance chief says investors are still confident, even as the currency and shares fall. He highlighted that government bonds attracted money in the first half of the year, showing steady demand for debt. The minister noted that during June’s early weeks, buyers poured funds into the n

environment

Future of Louisiana’s Coast: A Call for Smart Action

June 5, 2026

The study on Louisiana’s future has started a needed talk in the community. Some news pieces made it sound bigger than it is, but the research has pushed people to think about what will happen for the next generations. The authors want to clear up any confusion. The team has spent more than 50 year

environment

Vinyl’s Green Future: Turning Records into Eco‑Heroes

June 5, 2026

Vinyl records have outpaced CDs for the first time in decades, with sales exceeding a billion dollars this year. Yet each disc is mostly made from PVC resin, a chlorine‑based plastic that carries a hefty carbon load. A recent study showed that half of an LP’s emissions come from this material, equal