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Diesel Costs Become New Worry as Gallon Surpasses $5
The average price for a gallon of diesel in the US blew past $5 this week for only the second time in history. (Russia’s 2022 …
Kalshi Banned From Operating in Nevada for Now by Judge
Kalshi was temporarily barred by a judge from offering its prediction market contracts in Nevada, after state regulators said the company didn’t have a gaming …
Melinda Gates-Founded VC Manager on 2026 Trends
Pivotal Ventures Managing Director of Investment Erin Harkless Moore discusses accelerating social progress through investment in overlooked companies, the care economy, and trends for 2026. …
UK lets US use British bases to strike Iranian missile sites targeting …
Donald Trump says London should have acted faster after it agreed to help efforts to curb attacks on shipping
Big drugmakers saved at least $5bn on US taxes shifting income overseas
New disclosures show how pharma groups reduced federal levies last year by assigning profits to low-tax jurisdictions
Flagship Blackstone credit fund posts first monthly loss since 2022
Loan markdowns and market declines led to negative return for the first time in more than three years
Supermicro drops 33% after co-founder charged with smuggling Nvidia chips to China
US prosecutors allege two employees and a contractor conspired to illegally ship servers through south-east Asia
Goldman lawyer who resigned over Epstein links paid $25mn in 2025
Kathy Ruemmler to step down as the bank’s general counsel at the end of June
The AI revolt in Maga-land
Republicans fear backlash against White House’s agenda could undermine support in this year’s midterm elections
Donald Trump urges narrow AI regulation amid fierce Maga backlash
White House tries to block state-level laws but faces pressure to offer a federal rule book for the controversial technology
Bond Market’s Big 2026 Fed Bet Flipped on Its Head by Oil …
Bond traders are scrambling for a new strategy after the oil-driven inflation shock triggered by the war in Iran scuppered the popular bet on further …
Lincoln National Said to Seek Deal to Cut Life Insurance Risk
Lincoln National Corp. is seeking a reinsurance deal that would shift billions of dollars of life insurance reserves off its balance sheet, according to people …
UK borrowing costs hit highest level since 2008 amid inflation shock
Ten-year gilt yield jumps above 5% as borrowing numbers add to concerns over energy price surge
New rises in UK mortgage rates ‘very likely’ amid inflation fears
Lenders rapidly reprice fixed-rate deals, with yet more rises expected
A prosperous Britain means facing up to trade-offs
Yes, yes, and yes again to reform of our appalling planning system — but politicians require help to make hard choices
Why is the Iran crisis pummelling the gilts market?
An inflationary energy shock has drained optimism over UK rate cuts and hammered popular hedge fund trades
US Stocks Decline as Traders Eye Prolonged War, Options Expiry
US stocks declined for a third day on Friday as earlier hopes for a quick resolution to the war in the Middle East faded. Meanwhile, …
Anthropic showdown fractures Trump’s pact with Silicon Valley
Administration faces unprecedented criticism from Big Tech and former supporters over attacks on the AI lab
Maybe the real Bank of England surprise is that they agreed with …
C-C-C-C-COMBO BREAAAAKKEERRR
UK borrowing overshot in February before Middle East turmoil
Higher than expected £14.3bn figure comes as war threatens to hit outlook for public finances
Xpeng Revenue Forecast Falls Short as China EV Demand Slows
Xpeng Inc.’s first-quarter revenue forecast fell short of estimates as a slump in Chinese vehicle demand hurt deliveries at the start of the year. That …
How the Iran War Could Impact Merchandise Trade Growth
World Trade Organization Chief Economist Robert Staiger discusses the impact of the ongoing conflict in the Middle East on trade. Speaking on Bloomberg Television, he …
BlackRock Says European Stocks Still Seeing International Inflows
"We are still seeing domestic demand for European equities," says Karim Chedid, head of EMEA investment strategy at BlackRock, during an interview on Bloomberg Television. …
JD Wetherspoon warns profits to miss forecasts as costs rise
UK pub chain flags ‘considerable pressure’ on consumer finances
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