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HSBC Faces French Charges Over Lebanon Bank Scandal, June 06
HSBC faces preliminary charges from French prosecutors over assisting Lebanese central bank governor Riad Salameh in alleged fund misappropriation.
Meta Stock Falls 6.6% on Potential Equity Raise for AI, June 05
Meta stock falls 6.6% after FT reports company considering tens of billions in equity raise to fund AI infrastructure and data centers.
HSBC Faces €80M Bond Over Lebanon Money Laundering Case, June 06
HSBC faces formal charges in France for allegedly helping Lebanon’s central bank chief launder USD 330 million, ordered to post 80 million euro bond.
XRP Falls 5% to $1.11 as Adoption Stalls, June 06
XRP drops 5% to $1.11 amid oversold conditions, down 70% from $3.66 peak despite Ripple’s bank adoption efforts.
West Bengal Launches Annapurna Bhandar, Triples Women’s Aid to Rs 3,000
West Bengal’s Annapurna Bhandar provides Rs 3,000 monthly to eligible women, replacing Lakshmir Bhandar with stricter verification requirements.
Facebook Settlement Sends $725M in Bonus Checks, June 05
Facebook settlement distributes second-round bonus payments to 15.7 million users starting June 9, averaging $4.72 from leftover funds.
Micron Stock Crashes 13% as Broadcom Shocks Chip Market, June 06
Micron stock fell 13% after Broadcom missed AI revenue guidance, erasing $94B in market cap amid semiconductor sector concerns.
30-Year Mortgage Rate at 6.48%, Down 37 Basis Points Year-Over-Year
30-year mortgage rates at 6.48% on June 5, 2026, down 37 basis points year-over-year. 15-year rates at 5.72% as Fed holds steady.
Sweden Delivers Gripen Fighters to Ukraine as Saab Tests Combat Readiness, June 05
Sweden delivers 16 Gripen fighters to Ukraine for combat. Kyiv plans 36 total aircraft as Saab faces first real-world test amid Brazil defense deals.