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Latest news from trusted sources around the world

Kalshi Wins Reprieve From Arizona Criminal Case at CFTC’s Urging
Economy Bloomberg
Kalshi Wins Reprieve From Arizona Criminal Case at CFTC’s Urging

Kalshi Inc. won a temporary reprieve from criminal prosecution in Arizona when a judge suspended the case at the behest of a federal regulator.

Economy Financial Times
Lebanon and Israel agree to talks in Washington next week

The talks would be the first direct negotiations between the two countries in more than four decades

Wall Street Week | Iran Oil Fallout
Economy Bloomberg
Wall Street Week | Iran Oil Fallout

This week, Richard Haass of Centerview Partners on what to expect out of US-Iran peace talks. Plus, why Gulf states are begging Trump not to …

Economy Financial Times
UK drops bill to hand Chagos Islands to Mauritius after US opposition

British officials acknowledge the legislation had run out of time to proceed to the statute book

Economy Financial Times
Warsh’s confirmation as Trump’s next Fed chair risks delay

Sluggish process could leave Jay Powell at helm of central bank despite US president’s push for policy reset

Economy Financial Times
Molotov cocktail thrown at home of OpenAI chief Sam Altman

Suspect arrested outside AI start-up’s San Francisco headquarters after threatening to burn it down

It’s Not Just Oil. A Blocked Hormuz Risks Hiking the Price of Nearly Everything You Buy
Economy Bloomberg
It’s Not Just Oil. A Blocked Hormuz Risks Hiking the Price of …

As war in Iran crimps global oil supplies, it is hitting a range of other commodities and promising to remake global supply chains.

Hormuz, Lebanon Central to US, Iran Peace Talks
Economy Bloomberg
Hormuz, Lebanon Central to US, Iran Peace Talks

Bloomberg's Jeff Mason said that the bar for success in this weekend's peace talks between the US and Iran, is that both parties stay at …

Economy Financial Times
Trump touts Palantir’s ‘war’ role after short seller attack

US president’s endorsement follows criticism from famed investor Michael Burry

Blackstone Files for IPO of Data Center Acquisition Firm
Economy Bloomberg
Blackstone Files for IPO of Data Center Acquisition Firm

Blackstone Inc. filed for an initial public offering of a new data-center acquisition vehicle that plans to buy already-built and leased properties benefiting from the …

Economy Financial Times
Cyber security stocks fall on worries over Anthropic’s advanced AI tool

Mythos model was able to detect critical software vulnerabilities that were missed by legacy systems

Economy Financial Times
Lloyds will not take legal action against UK’s £9bn car finance redress …

Britain’s largest provider of vehicle loans wants to draw a line under scandal that rocked the sector

Wall Street Seizes on Private Credit Fears With Way to Short
Economy Bloomberg
Wall Street Seizes on Private Credit Fears With Way to Short

Wall Street is debuting a new product that will give investors a way to wager against private credit.

Investors Weigh Impact of War, US Inflation Accelerates By Most Since 2022 | Real Yield 4/10/2026
Economy Bloomberg
Investors Weigh Impact of War, US Inflation Accelerates By Most Since 2022 …

"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: MissionSquare Managing Vice President Fixed Income Yulia Alekseeva, JPMorgan Asset Management Kay …

Economy Financial Times
Iran-linked ships dominate Hormuz traffic after ceasefire

At least nine of the 14 or so vessels to have transited chokepoint since the pause in fighting have ties to Tehran

Economy Financial Times
Why has the UK economy been so badly hit by the Iran …

Over-reliance on imported gas and worries over Starmer’s future likely to stall pick-up in momentum, analysts say

Economy Financial Times
Partners Group backs gating as private credit redemptions test liquidity

Swiss-listed private capital group seeks to ‘offer transparency’ with update against ‘complex’ market backdrop

Brazil, US Team Up to Tackle Cross-Border Organized Crime Gangs
Economy Bloomberg
Brazil, US Team Up to Tackle Cross-Border Organized Crime Gangs

Finance Minister Dario Durigan announced Friday that Brazil and the US have launched a joint-initiative to combat transnational organized crime gangs that have ramped up …

Economy Financial Times
JPMorgan limbers up to become Olympic sponsor

Bank set to join select list of corporate partners ahead of 2028 Games in Los Angeles

US Consumers 'Feeling Stretched' by High Prices, UMich's Hsu Says
Economy Bloomberg
US Consumers 'Feeling Stretched' by High Prices, UMich's Hsu Says

University of Michigan Surveys of Consumers Director Joanne Hsu says US consumers are frustrated with the persistence of inflation but there is a glimmer of …

Economy Financial Times
The FT Alphaville Pub Quiz lands in London on May 7. Get …

Quizness time

Iran War Spurs States to Consider Gas Tax Halt as Fuel Costs Surge
Economy Bloomberg
Iran War Spurs States to Consider Gas Tax Halt as Fuel Costs …

The war in Iran is prompting states across the country to consider temporarily cutting fuel taxes, a relief measure that could cost them millions of …

Argentina Tweaks FX Rules After Cost of Getting Dollars Out Surges
Economy Bloomberg
Argentina Tweaks FX Rules After Cost of Getting Dollars Out Surges

Argentina’s government issued new rules for investors moving money out of the country after increased use of the parallel foreign-exchange market drove the cost of …

Economy Financial Times
US inflation rose to 3.3% in March on Middle East energy shock

Increase in prices highest since May 2024 as Iran conflict triggers historic surge in petrol prices

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