Tuesday, May 12, 2026
Afternoon
- S&P 500 retreats from record as tech rally cools off, inflation flares up: Live updates
- Copper Rallies Above $14,000 a Ton, Nearing Fresh All-Time High
- It’s not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas
- Junk-Rated Firms Rush to Reprice Debt as Demand for Loans Surges
- AI Boom Shows Top US Grid ‘Too Big to Function,’ Regulator Says
- Iran’s Kharg Island Oil Shipments Show First Prolonged Halt Since Start of War
- US Tariff Refunds of $35.5 Billion Cleared for Importers So Far
- US Sees Smaller April Budget Surplus on Lower Tax Receipts
Evening
- Stock futures are little changed as Wall Street awaits another April inflation report: Live updates
- US credit markets defy war risks as cash drives rally
- Trump and Hegseth claim ‘control’ over Iran and the Strait of Hormuz as ceasefire talks are stalled
- Lawmakers Query Iran War Cost as Trump Renews Destruction Threat
- Iran war energy shock squeezes U.S. paychecks
- Stung by Iran war, Trump heads to China in need of wins
- Private credit funds slash loan values as borrower stress rises
- Anthropic In Talks to Raise $30 Billion at $900 Billion Valuation
- Altman Testifies About ‘Hair-Raising’ OpenAI Chat With Musk
- ECB's Nagel sees rate hikes increasingly likely: Handelsblatt
- Trump’s proposed ‘Golden Dome’ estimated to cost $1.2 trillion, far more than he initially said
- What the Bond Markets Are Saying About Britain’s Politics and Economy
- Inflation Accelerates After Weeks of War in Iran
- Tomato Prices Soar as War, Tariffs and Weather Affect a Popular Crop
- Jerome Powell’s Inflation Legacy for Kevin Warsh
- US inflation jumps to 3.8% as Donald Trump’s Iran war sends petrol prices soaring
- The Iran war dilemma for central bankers
- Blue Owl retail fundraising evaporates amid private credit concerns
General
- S&P 500 retreats from record after high inflation reading, drop in tech stocks: Live updates
- Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal
- Treasury yields push higher after CPI accelerates to highest in nearly three years
- UK 30-Year Yields Top 1998 High as Political Crisis Deepens
- Consumer prices rose 3.8% annually in April, the highest since May 2023
- US consumer prices jump as Iran war sends energy prices rapidly higher
- What to know about Trump-Xi summit with trade, Taiwan and Iran on the agenda
- Iran now defines Strait of Hormuz as far larger zone, IRGC officer says
- Shipping industry fears fuel shortages as Iran war squeezes bunker fuel supply
- Amazon Kicks Off Swiss Franc Bond Sale in Record Six Parts
- UK’s Starmer defiant as calls for his resignation grow and 2 ministers quit
- Korea Roils Market by Floating ‘Citizen Dividend’ From AI
- BOJ debated near‑term rate hike at April meeting, opening door to June move
- Global fire outbreaks hit record high as 'unprecedented' heat extremes loom, scientists say
- Behind the Curtain: Scaling sin
- Forget U.S. debt, China’s total borrowing is in ‘a league of its own’—much worse and deteriorating faster, analyst says
- Trump to Meet Xi Thursday for High-Stakes US-China Summit
- AI’s Big Guns Have a Serious Inflation Problem
- Bond Market’s Warsh Trade Falls Apart as Oil Fans Inflation Risk
- Supply-Chain Stress That Soared During Covid Heads Higher Again
- Worst Start to Wildfire Season Raises Alarm as El Niño Threatens
- PBOC Warns on Imported Inflation, Focuses on Policy Transmission
- Central Banks Tap Most Yuan Swap Lines With PBOC in Two Years
- China’s ‘Invoice Economy’ Crackdown Leaves Copper Trade Reeling
- Xi Poised to Press Trump on Arms Sales to Taiwan
- China Increasingly Views Trump’s America as an Empire in Decline
- China Seeks A.I. Independence, Weakening Trump’s Leverage
- U.S. and Iran Are Locked in a Stalemate That’s Neither Peace Nor War
- Trump Faces an Emboldened China in Return to Beijing
- Trump loses his trade superpower
- Kevin Warsh to face resurgent inflation and an impatient Donald Trump as chair of the Fed
- UK borrowing costs surge as Starmer leadership crisis rattles bond markets
- Japan says Scott Bessent offered ‘understanding’ on yen policy
- Pimco vs Apollo: public aggro over private prices
- We are living in the age of asymmetry