News
Heightened anxiety: Mc Donalds CEO says the K-shaped economy may be getting worse " and his menu proves it. Here's why
1+ day, 7+ hour ago (947+ words) While the U. S. economy might seem "resilient," it's not resilient for everyone. Mc Donald's CEO Chris Kempczinski said in a recent earnings call that the current consumer environment is "certainly not improving, and it may be getting a little bit worse…...
How does inflation affect mortgage rates? What to know in light of April core CPI data.
22+ hour, 8+ min ago (802+ words) Learn how inflation and the latest inflation report affect mortgage rates. By watching inflation, you'll get a clue where interest rates are headed....
Global Bond Selloff Worsens as Rising Oil Prices Spook Investors
2+ hour, 34+ min ago (777+ words) (Bloomberg) -- Investors shed government bonds around the world, propelling borrowing costs to multi-year highs from Japan to the US amid intensifying fears that war-driven inflation will force central banks to pursue higher interest rates. Hormuz Oil Flows Creep Higher as…...
Faisal Islam: Six things we now know about the UK economy in charts
8+ hour, 6+ min ago (542+ words) The British economy is showing far more resilience than expected by many economists, including the IMF which suggested the UK would be hardest hit by the Iran war. It's worth diving into some of those numbers in more detail to…...
Kevin O'Leary Says 'I Know' AI Is Killing Jobs, But His Companies Are 'Saving A Ton of Dough' And Boosting Profits Thanks To AI
1+ day, 15+ hour ago (306+ words) AI may feel like a hanging sword for many worried about being replaced by technology. But for "Shark Tank" investor Kevin O'Leary, it's boosting productivity, cutting costs, and pushing profits higher. Markets are underestimating the impact AI is having on....
Ken Griffin says the Iran war is triggering a recession. He's the rare billionaire willing to put a date on it
4+ hour, 19+ min ago (1396+ words) Fears of a recession are growing with an ongoing war in Iran and the closure of the Strait of Hormuz in the Middle East, a critical chokepoint for about a quarter of the world's seaborne oil (1). That has led Ken…...
Dow Jones Futures Fall As Yields Top 4. 5%, Oil Soars On Trump Comments; Xi Summit Ends
5+ hour, 39+ min ago (106+ words) Futures fell as Treasury yields and oil prices jumped on President Trump comments after Nvidia ran and the Cerebras IPO soared. The Trump-Xi summit is over. Oops, something went wrong U. S. markets open in 2h 46m Dow Jones Futures Fall As Yields Top…...
German Economy Ministry sees slower growth ahead
5+ hour, 38+ min ago (239+ words) The German government is expecting a clear economic slowdown in the second quarter after a stronger-than-expected start to the year, the Economy Ministry said in its May report. The signs of a noticeable economic weakening were intensifying, the ministry wrote…...
India raises fuel prices as global energy crisis adds pressure on economy
10+ hour, 58+ min ago (477+ words) In New Delhi, gasoline prices rose to 97. 77 rupees ($1. 17) a liter, while diesel climbed to 90. 67 rupees ($1. 09) a liter. India imports about 90% of its oil and has been hit hard by rising energy prices and supply disruptions linked to the Iran war…...
Best CD rates today, May 15, 2026: Up to 4% APY return
6+ hour, 20+ min ago (463+ words) Today's CD rates vary quite a bit. In general, however, CD rates have been declining for quite some time due to the Fed's decision to cut its benchmark rate three times in the latter part of 2024 and three times in…...