
What the 30-year fixed mortgage rate measures in 2026
The 30-year fixed mortgage rate is not a simple Fed proxy. In 2026, it is a bond-market price that helps explain affordability, refinancing and how tight housing finance still feels.
Economy
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BOJ seen lifting rates to 1.0% in June as energy costs bite
A Reuters poll and firmer wholesale inflation data are hardening the case for a June Bank of Japan rate increase and pushing Japanese yields back into the global macro conversation.

Powell exits with an inflation scar as Warsh inherits a repriced Fed
Powell preserved the Fed's independence but not its inflation record. Warsh now inherits a central bank facing repriced rate expectations and less room for error.

Trump gas-tax holiday would barely offset an oil shock at the pump
A federal gas-tax holiday could trim only pennies from a $4.50 gallon while an Iran-driven oil shock keeps the bigger price pressures in crude, freight and refining.

El-Erian warns US has weeks to avoid recession as gasoline hits $4.39
Mohamed El-Erian says the gasoline surge is becoming a consumer-spending shock, leaving the US only a narrow window to avoid recession.
Markets
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S&P 500 keeps seven-week streak as inflation scare tests rally
The S&P 500 still posted a seventh weekly gain, but Friday's 1.24 per cent slide showed inflation, oil and Fed risk are starting to bite.

Gulf freight rates jump as shippers reroute cargo onto trucks
Shipping disruptions are pushing Gulf cargo from ports to roads, lifting freight bills, stretching delivery times and creating a fresh supply-chain cost channel for markets.
Regulation
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Republicans press Fairshake to turn crypto wins into midterm money
Republicans who helped move crypto policy in Washington are pressing Fairshake to spend its $165 million more directly in 2026 races. The clash says less about party loyalty than about how the industry's donors think power is preserved.

Atkins' off-channel critique signals a narrower SEC playbook
Paul Atkins' attack on the SEC's off-channel sweep suggests Wall Street may face fewer broad settlement drives, but tougher triage around investor harm.

Interactive Brokers widens prediction markets as SEC delays ETF wrapper
Interactive Brokers has rolled Kalshi, CME Group and ForecastEx contracts into one interface just as the SEC delays 24 prediction-market ETFs. The split timing shows retail access is moving faster than Washington's agreement on how the asset class should be packaged and supervised.

Trump trade disclosures turn ethics into a market-trust test
A filing showing thousands of trades in an account held in Donald Trump's name sharpens the case that disclosure rules are lagging modern market-moving politics.
Latest

AI backlash turns into a business risk for Big Tech
Polling, local resistance and investor notes suggest AI scepticism is no longer just a cultural complaint. It is starting to look like an execution risk.

Nvidia earnings could puncture the AI options bubble
Options traders have crowded into Nvidia calls ahead of May 20 results. If the print is merely good, the AI trade's richest premium may deflate first.

Berkshire's Delta bet and payments exit sharpen its market signal
Berkshire's new Delta stake and exits from Visa, Mastercard, Amazon and UnitedHealth suggest a deliberate cross-sector rotation under Greg Abel.

Government student loans in 2026: how federal borrowing works
Federal student loans will look simpler from July 2026. Here is how subsidized, unsubsidized and PLUS loans work, and what new borrowers should watch.

US stock market closes at 4 p.m. ET: 2026 hours and holidays
NYSE and Nasdaq regular trading ends at 4:00 p.m. ET on normal business days, with premarket, after-hours and holiday exceptions set by official exchange calendars.

Intuitive Machines' revenue surge offers a sturdier stocks case than its EPS miss
Record first-quarter revenue, positive adjusted EBITDA and a $1.1 billion backlog gave Intuitive Machines a cleaner operating-scale story than its quarterly EPS miss alone suggests.

Altice extends SFR talks as buyers push breakup deadline to June 5
Altice France extended exclusive talks on an SFR breakup to June 5, keeping a €20.35 billion telecom carve-up alive as buyers juggle structure and antitrust risk.

Why Wall Street sold off as yields and oil jumped
Wall Street's May 15 drop felt abrupt, but higher Treasury yields and a 3.3 per cent jump in Brent crude explain more than crash rhetoric.













