Author: franperez66q@protonmail.com
“Overall, UK politics is a mess, there are already signs that foreign buyers are ditching the gilt market. If there is a major rout in the pound and/or gilts in the coming days, prospective candidates may need to assess whether now was a wise time to make a move against the PM,” she said. Source link
The national flags of the United States and China hang in front of the portrait of late communist leader Mao Zedong at Tiananmen Gate in Beijing on May 15, 2026. Brendan Smialowski | Afp | Getty ImagesBEIJING — U.S. President Donald Trump’s closely watched visit to China this week has gone a long way toward strengthening a fragile trade truce with Beijing and stabilizing the bilateral relationship.While the visit was delayed by more than a month due to the Iran war, Trump’s two-day summit with Chinese President Xi Jinping wrapped up Friday with plans for another meeting this fall. Here’s…
BofA questions whether US economy faces stagflation or reflation Source link
Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., holds the Wafer Scale Engine 3 AI chip during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Bloomberg | Bloomberg | Getty ImagesThe tech billionaires club has two new members after Cerebras’ blockbuster IPO lifted the chipmaker’s market cap close to $100 billion. Roughly a decade after starting Cerebras, Andrew Feldman, the company’s CEO, and technology chief Sean Lie, own stakes worth $3.2 billion and $1.7 billion, respectively. Cerebras shares soared 68% in their Nasdaq debut on Thursday,…
Josh Simons explains why he sacrificed his seat to help Andy Burnham bid to be prime minister. Source link
Defense stocks have struggled since the Iran war began after several years of solid gains, but Citi analysts say they are “reluctant” to buy the dip — even though they expect revenues to strengthen in the second half. The iShares U.S. Aerospace & Defense ETF (ITA), for example, has dropped about 10% since the start of March, when the Middle East conflict began following the joint U.S.-Israeli strike on the Islamic Republic. The S & P 500 added 8.6% over the same period. In a note published on Thursday, Citi reiterated earlier analysis of “unusual pressure” linked to a “combination…
European shares slip as inflation worries keep investors on edge Source link
A federal judge reportedly said she will not rubber-stamp a settlement between Elon Musk and the Securities and Exchange Commission, saying the deal raises red flags and needs scrutiny over whether Musk is getting special treatment from the Trump administration. As we reported last week, the Trump administration agreed to let Musk pay a $1.5 million fine to settle a lawsuit that originally sought at least $150 million. In 2022, before buying Twitter outright, Musk purchased a 9 percent stake in the social network and failed to disclose it within 10 days as required under US law. The SEC lawsuit…
Cubans on electric tricycles decorated with Cuban flags ride past the US embassy during the anti-imperialist youth march in Havana on April 2, 2026. Yamil Lage | Afp | Getty ImagesThe U.S. has reiterated its offer of assistance to Cuba in exchange for “fundamental changes” to its communist political regime after CIA director John Ratcliffe visited the Caribbean island nation on Thursday.Ratcliffe’s trip is thought to be only the second time the head of the U.S. intelligence service has been to the country since its 1959 communist revolution.The CIA director delivered a message to top Cuban lawmakers, according to news…
U.S. President Donald Trump and Chinese President Xi Jinping meet on the sidelines of a visit to Zhongnanhai Garden on May 15, 2026 in Beijing, China. China Pool | Getty Images News | Getty ImagesBEIJING — U.S. President Donald Trump departed Beijing Friday after two days of talks with Chinese President Xi Jinping that ran the gamut from Iran and Taiwan to trade, oil and Boeing.The summit, marked by pomp, flag-waving youths and a state dinner, also included statements from either side. Xi said the U.S. and China agreed to “strategic stability” as a framework for the next three years,…