GFACX News Today: Stay Updated with the Latest American Funds The Growth Fund of America News in Real Time
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Bitcoin Crashes Below $61K as Strategy Sells, Hedge Funds Flee
Bitcoin drops to $60,912, down 4.2% daily. MicroStrategy sale and AI rotation drive $62 billion loss in crypto treasury holdings.
EPFO Retains 8.25% EPF Interest Rate for FY 2025-26, June 06
EPFO retained 8.25% EPF interest for FY 2025-26, crediting between June-September 2026 after government notification and reconciliation.
SNP Faces Tax Probe Over Murrell Embezzlement, June 06
SNP contacts HMRC over potential VAT claims linked to Peter Murrell’s £400,000 embezzlement as First Minister resists independent inquiry calls.
Border Patrol Arrests 52 Undocumented Drivers in Operation Checkmate
Operation Checkmate arrested 52 undocumented individuals, including 36 commercial truck drivers, in Arizona’s Yuma Sector during May 11-15, 2026.
AI Bubble Shows Dot-Com Parallels as Nasdaq Crashes 4%, June 06
Ray Dalio warns AI stocks mirror dot-com bubble patterns as chip stocks crash. Goldman Sachs questions AI ROI amid Broadcom’s weak guidance.
Nasdaq Crashes 4.18% on Chip Selloff, Worst Day Since April 2025
Nasdaq fell 4.18% to 25,709.43 on June 5 as chip stocks crashed and Treasury yields rose, triggering a broad market selloff.
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.
AEON Mall Opens 4,400 Parking Spaces to Public, June 06
AEON Mall opens 4,400 parking spaces to public from August 2026 to ease Shinkansen station congestion in Takaoka. First such partnership in Japan.