Washington has sought to press Beijing to lean on Tehran to reopen the strait, though China’s appetite to act as a pressure mechanism remains unclear.
From Singapore to Brussels, world leaders eye Trump-Xi summit from afar
The world will be watching the Trump-Xi summit.
Retailers are on a hiring spree. But consumers are sending warning signs
The retail trades added nearly 22,000 jobs in April, accounting for about one-fifth of total job growth.
How much further does this Teflon market have to go? Here’s what traders say
Traders on prediction markets platform Kalshi place a more than 50% chance that the S&P 500 crosses 8,000 in 2026.
The Federal Reserve is quickly running out of reasons to cut interest rates
Friday’s jobs report provided evidence that the central bank’s larger concern is a cost of living that is getting increasingly hard to bear.
Michael Burry says the market today feels like ‘the last months of the 1999-2000 bubble’
“Stocks are not up or down because of jobs or consumer sentiment,” Burry wrote. “Feeling like the last months of the 1999-2000 bubble.”
Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook
Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of May.
Anthropic’s Mythos set off a cybersecurity ‘hysteria.’ Experts say the threat was already here
The arrival of Anthropic’s Mythos jolted banks, software giants and governments into reckoning with a new era of cyber attacks. But the threat is already here.
U.S. payrolls increased 115,000 in April, more than expected; unemployment at 4.3%
Nonfarm payrolls were expected to increase by 55,000 in April, according to the Dow Jones consensus.
Trump’s $1 million ‘Gold Card’ fails to catch on among the world’s wealthy
President Donald Trump’s “Gold Card,” which promised U.S. residency in “record time,” has been dogged by delays and legal questions.