Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.
Wall Street is about to enter a historically tough period, and this year it could be even tougher
June is historically the worst month for all three of the major averages during midterm election years, according to the Stock Trader’s Almanac.
Stocks making the biggest moves premarket: IMAX, Merck, Estee Lauder & more
These are the stocks posting the largest moves premarket.
U.S. pushes its AI in China and Asia after Trump-Xi meeting
Integrating American AI in Asia is high on the agenda for the U.S., according to a senior official for APEC and economic policy.
Estée Lauder surges in premarket after Puig merger deal talks end
Estée Lauder’s shares jumped before the market opened after talks over a potential merger deal with Spanish beauty group Puig was terminated.
Oil-rich Alberta to hold a vote on whether to separate from Canada
The move for a referendum comes after months of campaigning from a group of separatists.
NATO will spend hundreds of billions of dollars on defense, says Rutte, as Trump pledges 5,000 American troops to top spender Poland
“I am pleased to announce that the United States will be sending an additional 5,000 Troops to Poland,” Trump said on Truth Social on Thursday.
‘A big mistake’: The ECB is ‘hell-bent’ on rate hikes despite recession risks, senior economist warns
Berenberg’s chief economist said ECB rate rises would be a “big mistake” amid growing signs of European stagflation.
Treasury yields are mixed as investors digest Fed chair swearing in, bond market volatility
The volatility in the bond market continued as new Fed chair Kevin Warsh was sworn in on Friday.
