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HSBC Warns Central Banks Will Raise Rates as US-Iran Conflict Fuels Inflation
HSBC forecasts central banks will hike rates due to supply shocks from the US-Iran conflict, with oil prices above $100 per barrel.
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Wall Street Bets Big on Tech Debt as AI Borrowing Explodes
Credit default swap trading on major US tech firms surges 90% amid record borrowing for AI investments.
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79% of Canadian Couples Want Cash for Down Payment Over Wedding Gifts
A Royal LePage survey reveals a shift in priorities as couples trade traditional wedding gifts for home down payment contributions.
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Consumer Sentiment Hits All-Time Low Amid Soaring Prices
University of Michigan sentiment index plunges to 44.8, lowest since 1952, as inflation fears mount.
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Bangladesh unveils $4.9B stimulus as growth slows
Bangladesh's central bank announced a stimulus package to revive shuttered factories and support businesses amid economic slowdown.
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S&P 500 Surges 130% as Consumer Sentiment Plunges to Record Low
The S&P 500 is up 130% since 2020, yet US consumer sentiment just hit an all-time low of 44.8 in May 2026, signaling a historic disconnect.
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GameStop Seeks Share Increase to 2.5 Billion for eBay Pursuit
GameStop proposes raising authorized shares to 2.5B to fund potential eBay acquisitions, aiming to expand digitally.
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Mastercard Seeks Cost-Sharing from Processors After Banco Master's $440M Hit
Mastercard asks Brazil's payment processors to share losses from Banco Master's collapse, totaling R$2.5 billion.