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.
Trump defends DOJ fund after Senate Republicans push back
Post Content
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.
This generator stock will get a boost from the AI infrastructure boom, says Jefferies
There are ongoing negotiations with multiple hyperscalers for large backup generator supply contracts, Jefferies pointed out.
Iran war leaves U.S. gas prices at highest levels in nearly four years ahead of Memorial Day
Global oil inventories are declining fast with just four to six weeks until gasoline, diesel and jet fuel prices shoot higher, analysts said.
Oversight Chairman Comer launches congressional probe into insider trading on Kalshi, Polymarket
Congress is ramping up pressure on prediction markets like Kalshi and Polymarket over concerns of insider trading.
What the AvalonBay, Equity Residential megamerger means for the apartment industry and rents
The deal will create one of the largest real estate companies in the U.S., with more than 180,000 rental apartments.
Trump said he’d ‘remember’ companies that didn’t apply for tariff refunds. Many of them are anyway
Walmart confirmed to CNBC it has sought a tariff refund and plans to use any money it receives back to invest in lower prices for shoppers.
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.
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.