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Financial News Around the World

Series of court decisions weaken Democrats’ odds of winning the House

A U.S. Supreme Court decision and ruling from the Virginia Supreme Court have altered the redistricting outlook, hurting the chance that House control will flip.

Published 12 May 2026
Categorised as Finance News

Michael Burry is not a believer: ‘For any stocks going parabolic reduce positions almost entirely’

Michael Burry said investors should “reject greed” as enthusiasm around artificial intelligence and momentum-driven trades pushes valuations sharply higher.

Published 12 May 2026
Categorised as Finance News

JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount

The KKR fund, often referred to by its ticker, FSK, has become one of the most visible fault lines in the private credit story.

Published 12 May 2026
Categorised as Finance News

The wealthy keep buying Manhattan real estate despite potential pied-à-terre tax

Real estate sales in Manhattan worth $4 million or more increased in the past month, according to Olshan Realty.

Published 12 May 2026
Categorised as Finance News

Stocks making the biggest moves premarket: Moderna, Lumentum, Intel, monday.com & more

These are the stocks posting the largest moves premarket.

Published 11 May 2026
Categorised as Finance News

Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict

Washington has sought to press Beijing to lean on Tehran to reopen the strait, though China’s appetite to act as a pressure mechanism remains unclear.

Published 11 May 2026
Categorised as Finance News

From Singapore to Brussels, world leaders eye Trump-Xi summit from afar

The world will be watching the Trump-Xi summit.

Published 11 May 2026
Categorised as Finance News

Retailers are on a hiring spree. But consumers are sending warning signs

The retail trades added nearly 22,000 jobs in April, accounting for about one-fifth of total job growth.

Published 10 May 2026
Categorised as Finance News

How much further does this Teflon market have to go? Here’s what traders say

Traders on prediction markets platform Kalshi place a more than 50% chance that the S&P 500 crosses 8,000 in 2026.

Published 9 May 2026
Categorised as Finance News

The Federal Reserve is quickly running out of reasons to cut interest rates

Friday’s jobs report provided evidence that the central bank’s larger concern is a cost of living that is getting increasingly hard to bear.

Published 9 May 2026
Categorised as Finance News

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