Finance news

ISM industrial sentiment: US industry remains on track for growth in May

Despite the Iran war, the ISM index climbed to its highest level in four years. The prices remain high. This can affect the interest rates.

British Sikh man jailed for life for student killing in Southampton

A UK court on Monday jailed a British Sikh man for life for killing a university student in a case that sparked anger after police handcuffed the dying victim following a false claim of racial abuse. A judge at Southampton Crown Court sentenced Vickrum Digwa, a 23-year-old local resident, to life in prison with an obligation to spend at least 21 years in jail for the killing of 18-year-old student Henry Nowak on December 3. A jury on Friday found Digwa guilty of murdering the accountancy and...

Air Force clears T-38s to resume flying

The training jet was grounded May 19; a week after a T-38 crashed in Mississippi.

Top 5 Commodities Impacted By The Iran War

The Middle East conflict has triggered sweeping, multi-commodity supply shocks, profoundly impacting global energy, petrochemicals, agriculture and shipping industries, among others. The disruption of shipping through the Strait of Hormuz--which handles nearly 27% of the global maritime oil trade--has triggered historic shortages and long-term operational strain on Gulf energy infrastructure, with estimates that repairing damaged liquefied natural gas (LNG) facilities in Qatar could take up to f

Anthropic confidentially files IPO prospectus with SEC, prepping Wall Street for landmark AI deal

Anthropic said it confidentially filed its IPO prospectus with the SEC, setting up a potentially historic share sale for investors ready to jump into AI.

Is the AI Bubble Popping? Here's What I'm Actually Watching

Oracle's 5-year CDS jumped to ~139 bps recently. Not a disaster, but it's a reminder that the bond market isn't fully buying the AI growth story. Microsoft has paused some data center leases and canceled projects. When hyperscalers start tapping the brakes, it's worth paying attention. VCs poured $270B into AI in 2025, but deal count fell to its lowest level since 2020. More money, fewer companies. That's concentration, not broad ecosystem growth. What worries me most is the circular nature of t

US military seeks cultural advisors in Somalia amid regional strikes

The U.S. special operations task force in Somalia is looking for contractors to advise troops on Somali politics, culture and tribal dynamics.

Pakistan Inflation Accelerates to 11.7% on Oil and Gas Import Shock

The surge in international oil and gas prices amid the Iran war hiked Pakistan's inflation to the highest level in two years as energy import costs ballooned. Pakistan's general inflation jumped to 11.7% in May from a year earlier, accelerating from 10.9% annual inflation in April, according to data from the Pakistan Bureau of Statistics published on Monday. The core inflation, which excludes food and energy, jumped by 9% year over year and by 8% month over month in May for urban areas, the stat

Students turn local pain points into social innovation projects in Hang Seng x HKFYG “Seek Our Ways” Ideation Programme

[The content of this article has been produced by our advertising partner.] A foul-smelling river in Tuen Mun, mountains of parcel packaging and the waning proficiency of Cantonese among young people have become the inspiration behind a series of student-led social innovation projects recognised at the second cohort of the Seek Our Ways Ideation Programme. Organised by the Hong Kong Federation of Youth Groups Leadership Institute and supported by Hang Seng Bank, the programme drew more than 400.

World Oil Supply at Risk Again As Iran Threatens Full Hormuz Blockade, Opening Houthi Front

Iran has threatened a full blockade of the Strait of Hormuz, a vital oil shipping route, amid escalating tensions with the US and Israel. Tehran also warned of opening new fronts, including the Bab al-Mandab Strait, in response to Israeli military actions in Lebanon. submitted by /u/Aware_Apartment_8959 [link] [comments]

Not ‘just a gun’: New SOCOM rifle allows barrel swapping and cartridge changes

At SOCOM’s request, the rifle features a swappable barrel, allowing operators to change between legacy cartridges and the newer 6.5mm Creedmoor.

Remote work is worsening youth unemployment, New York Fed finds

The expansion of remote work may explain the recent surge in youth unemployment, according to research by the Federal Reserve Bank of New York.

U.S. manufacturers extend best hot streak since 2022, so why aren’t business leaders happy?

American manufacturers grew in May for the fifth month in a row — the biggest winning streak in four years — but lingering anxiety about the Trump tariffs and a rise in inflation tied to the Iran war left business leaders anxious.

Snap polls in Malaysia’s Johor test Umno comeback bid and Anwar’s ruling alliance

Malaysia’s southern state of Johor dissolved its legislature on Monday, setting up an election within 60 days that analysts said would test whether the once-dominant Umno-led Barisan Nasional (BN) coalition can turn its state stronghold into a launch pad for a wider political comeback. The vote will also put Prime Minister Anwar Ibrahim’s Pakatan Harapan (PH) reformist alliance in an awkward contest against its federal partner BN, with both coalitions set to run against each other in Johor...

Is the Fed raising rates a good response to oil inflation?

The recent rise in inflation, due to iran and oil. Should the Fed step in with higher rates or should the market deal with it? Example: Fed raises rates. That will increase costs, slow economy/recession and produce layoffs. this will reduce demand on everything and lower inflation. The Fed doesnt raise rates: Increased oil will slow economy/recession, produce layoffs, reduce demand on everything and lower inflation. I hesitate to say that the iran oil thing is also temporary. I think the inflati

Building savings contract terminated

Hello everyone, I would like your opinion please. Here are the facts: I canceled my building savings contract a week ago. Now the advisor is in touch. Contract: Bausparkasse Schwäbisch Hall, since April 2022 building savings amount €100,000, current balance ~€13,000, is ready for allocation from €40,000 • Credit interest 0.01% (interest 2025: €1.18) • Annual fee €15 annually • Loan interest 2.35% Situation: • Contract terminated • Credit should be for special repayment can be used • current loan is 3.66

Oil Prices Up 3% As Trump Demands Changes To Iran Deal

Oil prices pushed higher Monday, with Brent crude topping $94 per barrel and WTI climbing above $90, after President Donald Trump sent a proposed Iran peace agreement back for revisions, raising fresh questions about how quickly the Strait of Hormuz can be fully reopened to global energy shipments. Brent crude was trading at $94.23 per barrel while WTI stood at $90.87 at 6:06 a.m. ET on Monday, trading as investors digested news reports. According to multiple reports, Trump requested stronger la

Title: Mistakes in house financing? First get a loan, then high equity (due to commitment interest)

Hi everyone, a quick reality check because people we know are calling us crazy. We build with property developers. Purchase price 700k, we have 400k equity and finance 300k. The loans (150k KfW 297 at 2.21% with 12 months provision-free / 150k NRW-Bank at 2.8% with 6 months provision-free) both have a repayment-free start-up year. Our strategy: We agreed with the savings bank that we would first use up all of the loans during construction and only then touch our equity. Reason: Because of the

Goldpreisprognose 2026

Gold startet 2026 nach starken Kursanstiegen in eine Phase mit hoher Volatilität und unsicherer Richtung. Analysten erwarten eher starke Schwankungen als eine klare, stetige Entwicklung. Die meisten Prognosen sehen den Goldpreis in einer Spanne von etwa 4.000 bis 5.300 US-Dollar pro Unze, abhängig von Zinsen, Inflation und geopolitischen Entwicklungen. 🔑 Wichtige Einflussfaktoren: Zentralbankkäufe von Gold Zinspolitik der US-Notenbank (Fed) Inflation und Währungsrisiken Globale geopolitische Sp

Philippine lawmaker charged with corruption to surrender, without right to bail

A Philippine senator said he will surrender to authorities after a special anti-corruption court ordered his arrest on Monday on a non-bailable charge of plunder after he allegedly pocketed a huge kickback in a flood-control project. It is the latest crisis to hit the country’s Senate, the upper chamber where a battle for control of the country’s political future is playing out. The special Sandiganbayan anti-corruption court had initially issued a warrant for Senator Jinggoy Estrada’s arrest on

Interest rate decision: ECB survey: Consumers expect high inflation due to war

The Iran war has made energy more expensive and pushed up inflation in the euro area. People expect the cost of living to rise - even over a longer period of time.

Philippines and Vietnam upgrade ties to 'enhanced strategic partnership'

Fed's Powell warns Trump's political 'stress test' will wreck public trust in central bank

Jerome Powell said White House pressure on the Fed will damage public trust in the U.S. central bank.

Space IPO: How much SpaceX will soon end up in my ETF?

Elon Musk's space company goes public, index providers roll out the red carpet. What consequences does this have for ETF investors?

ECB Consumer Expectations Survey results – April 2026

Economy: German retail has a weak start to the second quarter

The entire retail industry has been under pressure for years. Adjusted for inflation, it has now recorded a decline of 0.3 percent – ​​the fourth decline in a row.

Philippines, Vietnam close ranks on South China Sea as To Lam visits

The leaders of Vietnam and the Philippines upheld the importance of keeping the freedom of navigation in the South China Sea amid tensions in the strategic waterway where Beijing lays expansive claim. “As fellow claimant states, we reaffirm that maintaining peace, stability and the freedom of navigation and overflight in the South China Sea remains non-negotiable,” Philippine President Ferdinand Marcos Jnr said. He spoke at a joint briefing with visiting Vietnamese leader To Lam after their...

Federal Reserve: Ex-Fed Chairman Powell warns against political interference at the Fed

Powell sees democratic institutions such as the Federal Reserve, courts and universities being subjected to a stress test. He warns of layoffs at the Fed due to political differences.

Mapping how Netanyahu sabotages peace deals jacking up gas prices

Mapping how Netanyahu sabotages peace deals jacking up gas prices submitted by /u/Free-Resident-4202 [link] [comments]

Impact of Middle East war on Hong Kong’s inflation limited, finance chief says

Hong Kong’s finance chief has said the Middle East war has played only a limited role in driving up local inflation, noting the city’s service-based economy and stable energy supplies from mainland China have mitigated the effects of external shocks. Briefing the Legislative Council on Monday, Financial Secretary Paul Chan Mo-po said the surge in global fuel prices was expected to affect fuel-related consumer prices, pushing inflation higher. “Rising international oil prices will continue to...