Financial News & Analysis
AI-analyzed market intelligence from trusted sources
Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
Core PCE inflation at 3.4% in May, highest since Oct 2023, exceeding expectations.
What to Know About the Screwworm Threat to US Livestock
Screwworm outbreak threatens US livestock, potentially disrupting beef supply and raising costs.
Apple Hikes Mac, iPad Prices on Memory Shortage; Shares Fall
Apple raises prices on Macs, iPads, and Vision Pro due to memory chip shortage, shares fall.
Braskem Seeks Emergency Protection as Debt Talks Hit Snags
Braskem files for emergency creditor protection amid debt restructuring snags.
Ships Appear to U-Turn While Trying to Exit Hormuz by Oman Route
Ships turning back at Strait of Hormuz suggests heightened geopolitical risk to oil transit.
Treasuries Gain as Inflation Gauge Cools Fed Rate-Hike Bets
Cooler inflation gauge reduces Fed rate-hike expectations, boosting Treasuries and equities.
Private Credit Arbitrage Trade Gets Momentum as Redemptions Rise
Rising redemptions in private credit funds may trigger forced selling and contagion to broader markets.
US Airline Stocks Erase Pandemic-Era Losses as Oil Prices Ease
US airline stocks recover pandemic losses as oil prices fall on US-Iran peace progress, boosting profitability.
Takaichi sets out Japan’s largest-ever investment roadmap
Japan unveils $2.3tn investment roadmap over 14 years, combining public and private funds, implying fiscal expansion by heavily indebted government.
Robots are coming to the oil patch
Automation in oil patch and Russia's oil windfall amid Iran war impact energy markets.
Donald Trump — EV salesman extraordinaire
Trump promotes electric vehicles, potentially boosting EV industry but conflicting with traditional energy.
Darden Restaurants earnings beat estimates but Olive Garden growth weakens
Darden Restaurants beats earnings but Olive Garden and fine-dining sales miss expectations.