Reuters: Top News: Take Five: The Fed and the rest

With President Donald Trump’s trade policies heightening fears of a U.S. recession, expectations of a Fed rate cut have dramatically increased in the past month. Money market pricing became even more aggressive after Federal Reserve Chair Jerome Powell threw open the door to a cut, promising on June 4 the Fed would act “as appropriate” to address risks from the trade dispute. It was the second sudden shift in the Fed’s tone, after January when it abandoned its bias toward steady tightening.

Reuters: Top News

Reuters Video: Top News: Hong Kong calm as media say extradition bill may be shelved

Hong Kong’s streets were calm on Saturday as local media reported the city’s government would suspend a proposed law on extradition to mainland China that sparked widespread anger and violent protests, with leader Carrie Lam planning to address reporters later in the day. Rough cut – no reporter narration.

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Reuters Video: Top News

Reuters: Top News: List of NBA Finals MVP winners

List of NBA Finals Most Valuable Player winners:

2019 – Kawhi Leonard, Toronto Raptors

2018 – Kevin Durant, Golden State Warriors

2017 – Kevin Durant, Golden State Warriors

2016 – LeBron James, Cleveland Cavaliers

2015 – Andre Iguodala, Golden State Warriors

2014 – Kawhi Leonard, San Antonio Spurs

2013 – LeBron James, Miami Heat

2012 – LeBron James, Miami Heat

2011 – Dirk Nowitzki, Dallas Mavericks


Reuters: Top News