Today's top breaking economic and financial market news.
​ As trading opened on Monday, May 11, 2026, gold prices retreated after stalled U.S.-Iran peace talks lifted oil markets and revived inflation concerns across global markets. Gold Prices Sink as Oil Shock Clouds Rate-Cut Hopes The prices o…
​ On May 11, 2026, a sharp oil rebound after U.S.-Iran tensions deepened, pushing traders back toward crude as Strait of Hormuz disruptions tightened supply expectations. Oil Rally Roars Back as Supply Fears Return Oil prices surged Monday…
​ On May 10, 2026, Advanced Micro Devices stunned Wall Street after fresh AMD upgrades followed a stronger quarterly report and a bullish AI-driven outlook. AMD Upgrades Spark New AI Gold Rush Advanced Micro Devices delivered first-quarter…
On May 9, 2026, Alibaba accelerated its artificial intelligence ambitions by weaving Qwen into Taobao, signaling a dramatic shift toward voice-led shopping across China’s online retail market. Alibaba Bets on Conversational Commerce Boom Al…
​ On May 10, 2026, Jerome Powell stunned Wall Street by signaling he will remain on the Federal Reserve board after his chair term expires this month. The unprecedented decision immediately reignited debate over interest rates, Fed independ…
​ On May 10, 2026, retirees holding large traditional 401(k) balances are being warned that required withdrawals at 73 could sharply raise taxes and Medicare costs. Retirement Tax Bomb Nears for $1.2M 401(k) Savers A retiree with $1.2 milli…
​ On May 9, 2026, Bitcoin surged beyond $80,000 during Saturday trading, extending a rally fueled by institutional demand, ETF inflows, and expectations for clearer U.S. crypto regulation. Bitcoin Roars Past $80K in Historic Institutional R…
​ On May 9, 2026, oil markets reopened with renewed tension as Citigroup warned that unresolved U.S.-Iran negotiations could keep crude prices elevated through the coming months. Oil Rally Faces Another Test as Iran Risks Persist Oil prices…
​ On May 8, 2026, the Federal Reserve warned that rising geopolitical risks and the oil shock linked to Middle East tensions are rapidly becoming major threats to financial stability and inflation control. Oil Shock Climbs to Top of Fed’s R…
​ On Thursday, May 7, 2026, the dollar weakened as easing Middle East tensions lifted confidence in global markets. Investors turned toward the yen and oil-linked currencies amid cautious optimism. Dollar Falls While Yen and Euro Edge Highe…
​ On Thursday, May 7, 2026, Bitcoin slipped below $81,000 as momentum cooled after Strategy flagged potential sales, while Iran’s progress supported the risk tone. Bitcoin Retreats After Hitting Three-Month Highs Bitcoin fell 0.7% to $80,95…
​ On Thursday, May 7, 2026, Redwire shares slipped after Q1 results showed revenue below expectations, despite strong year-on-year growth in its space infrastructure business. Redwire Drops as Revenue Miss Weighs on Shares Redwire reported…
​ Thursday, May 7, 2026, brought fresh pressure to China’s refining sector after reports emerged that major lenders were told to pause new financing for refiners targeted by recent U.S. sanctions linked to Iranian oil purchases. China Refin…
​ May 7, 2026, brought a cautious pause to Wall Street as US stock futures traded flat following record highs fueled by optimism over possible US-Iran diplomatic progress. Stock futures stall after Wall Street’s record-breaking rally. Dow,…
​ May 7, 2026, brought a cautious calm to the bullion market as gold prices hovered near a one-week high. Traders kept a close eye on developments surrounding a possible U.S.-Iran deal, while softer Treasury yields and a weaker dollar offer…
