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Gas Prices Surge in All 50 States as National Average Nears $5
Gas prices are rising across all 50 states, with the national average reaching $4.46 per gallon. Analysts warn of continued volatility.
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Spirit Airlines Shuts Down After Failed Bailout Bid
Spirit Airlines ceases operations on May 2, 2026, after failing to secure a $500 million federal bailout amid soaring fuel costs from US-Iran tensions.
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Dollar Edges Higher Amid Middle East Tensions, Yen Swings Renew Intervention Fears
The US dollar strengthened slightly as Middle East conflict rattles markets. Yen volatility sparks intervention speculation, while euro dips on German trade tensions.
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Global Equity Funds Extend Inflow Streak on Earnings Optimism
Global equity funds attracted inflows for a sixth straight week, fueled by strong first-quarter earnings and record highs in Asian markets.
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GameStop's $56B eBay Bid Faces Investor Skepticism Over Financing
GameStop’s $56B bid for eBay draws investor doubt as shares lag the offer price, raising questions about debt and execution.
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Blackstone Targets $1.7 Billion in IPO for Data Center Push
Blackstone Digital Infrastructure Trust files for a $1.7B IPO to acquire newly built data centers, capitalizing on AI-driven demand.
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Anthropic Nears $1.5 Billion Joint Venture with Wall Street Giants
Anthropic partners with Blackstone, Goldman Sachs, and Hellman & Friedman to bring AI tools to private equity-backed companies.
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Social Security Funds Running Out by 2032, Congressional Budget Office Warns
CBO projects Social Security trust fund depletion by 2032, three years before long-term projections. Automatic cuts of 23-28% may follow unless Congress intervenes.