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Category: Finance News

How the ‘double scar’ of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers

Mental “scars” reinforce fears of stagflation, when rising prices coincide with declining growth, research finds.

Published 29 May 2026
Categorised as Finance News

Stocks making the biggest moves premarket: Dell Technologies, HP, AST SpaceMobile, Gap & more

These are the stocks posting the largest moves premarket.

Published 29 May 2026
Categorised as Finance News

Stocks making the biggest moves after hours: Dell Technologies, American Eagle Outfitters, Gap & more

See which stocks are posting big moves after the bell.

Published 29 May 2026
Categorised as Finance News

The wealthiest investors are pulling money out of the U.S. in the ‘de-dollarization’ trade

Fears of an AI bubble, tariffs, a falling dollar, volatile economic policies and rising debt have caused many family offices to dial back their U.S. exposure

Published 29 May 2026
Categorised as Finance News

CFTC sues Rhode Island over actions against prediction markets

It marks the seventh state the commission has sued in a dispute over who has the right to regulate event contract platforms.

Published 29 May 2026
Categorised as Finance News

Gaming association says states have lost $1 billion in tax revenue due to prediction markets

Bill Miller, American Gaming Association president and CEO, added that prediction market platforms in his view amount to “backdoor sports betting.”

Published 29 May 2026
Categorised as Finance News

New York passes Mamdani’s pied-a-terre tax. Here’s who pays and how much

Citadel CEO Ken Griffin became the face of the tax after New York City Mayor Zohran Mamdani posted a video in front of Griffin’s penthouse apartment.

Published 29 May 2026
Categorised as Finance News

Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows

The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.

Published 29 May 2026
Categorised as Finance News

Stocks making the biggest moves premarket: Snowflake, Best Buy, Kohl’s, Dollar Tree & more

These are the stocks posting the largest moves premarket.

Published 28 May 2026
Categorised as Finance News

‘King of Cashmere’ CEO on outperforming the luxury slowdown: Don’t be greedy

Brunello Cucinelli’s success is tied to its ethos of choosing long-term integrity over short-term margin chasing, CEO Riccardo Stefanelli told CNBC.

Published 28 May 2026
Categorised as Finance News

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