Markets & Investing
Coverage of financial markets, investment strategies, and the economic forces that move money. Connects macro trends to real decisions for investors and professionals.
Latest in Markets & Investing
Builder confidence just crashed to its lowest level since September — 24 straight months of negative readings is now the longest sentiment slump in NAHB history
Home builders have not felt good about the housing market in two full years, and the latest data shows their mood just got worse. The...
Iran’s ceasefire expires tomorrow — gas is $4.52, oil hit $109, and the last time Brent was this high, gas crossed $5 within three weeks
Fill your tank today. By this time next week, $4.52 a gallon could look like a bargain. The ceasefire between the United States and Iran,...
Oil surged past $107 a barrel after Trump said he’s “losing patience” with Iran — the last time Brent was this high, gas crossed $5 nationally within three weeks
The last time Brent crude held above $107 a barrel for more than a week, American drivers watched the national gasoline average blow past $5...
Iran said it “cannot trust the Americans at all” — a ship was seized off the UAE, an Indian cargo vessel was sunk, and the ceasefire expires in 48 hours
Within a single 24-hour stretch in mid-May 2026, armed individuals hijacked a vessel anchored off the United Arab Emirates and forced it toward Iranian waters,...
The 10-year Treasury hit 4.59% while the 30-year crossed 5.08% — the bond market is screaming that rates aren’t coming down anytime soon
If you spent the past year waiting for borrowing costs to drop, the bond market just answered with a two-word reply: not yet. In late...
SpaceX is expected to file its S-1 between May 18 and May 22 — the roadshow starts June 8 for what could be a $2 trillion IPO, the largest in history
Somewhere between May 18 and May 22, SpaceX’s S-1 registration statement is expected to appear on the SEC’s public database, pulling back the curtain on...
The Dow fell 537 points one day after hitting a record — bond yields drove the selloff because the 30-year Treasury crossed 5% for the first time in 18 years
The celebration lasted exactly one trading session. On May 14, 2026, the Dow Jones Industrial Average closed above 50,000 for the first time, finishing at...
Cerebras dropped 10% on Day 2 after surging 68% on its IPO — the stock is still 51% above its $185 offering price
Cerebras Systems gave back a chunk of its blockbuster debut on its second day as a public company. Shares of the AI chipmaker fell roughly...
A $25 billion Treasury auction just cleared at 5.046% — the last time the government paid this much to borrow for 30 years was before the iPhone existed
The U.S. Treasury sold $25 billion in 30-year bonds on May 13, 2026, and the clearing yield landed at 5.046 percent. That is the highest...
Gas hit $4.53 and Iran’s ceasefire expires in 48 hours — Kalshi bettors are now pricing in $5.60 a gallon by summer
Filling up a tank of regular gasoline now costs American drivers an average of $4.53 a gallon, the highest pre-summer price since 2022, according to...
Trump said he’s “losing patience” with Iran — the ceasefire expires Sunday, oil hit $107, and gas is 16 cents from the all-time U.S. record
The national average price of a gallon of regular unleaded gasoline has climbed to roughly $4.85, putting it within about 16 cents of the all-time...
The 30-year Treasury yield just hit 5.08% — the highest since 2007 — and every mortgage, car loan, and student loan in America is tied to that number
When the 30-year U.S. Treasury yield crossed 5.08% in late May 2025, mortgage lenders began repricing rate sheets before the trading day was over. Auto...
Retail spending rose for the third straight month — but strip out gas and the American consumer is barely growing at all
Three months of rising retail sales sound like a vote of confidence from American consumers. Look closer, and the streak has a catch: a growing...
132,000 tech workers have been laid off in 2026 — and the companies cutting them just posted record revenues and doubled their AI budgets
By the end of April 2026, technology companies had eliminated roughly 132,000 jobs, according to Layoffs.fyi, the widely cited tracker founded by Roger Lee. The...
Zero rate cuts are priced in for 2026 — and the new Fed chair who started work today has never voted for one
Kevin Warsh walked into the Eccles Building on May 15, 2026, as the 17th chair of the Federal Reserve. The bond market had already written...
Fed Chair Jerome Powell steps down after 8 years, stays on board
When Jerome Powell hands the Federal Reserve chairmanship to Kevin Warsh on May 15, 2026, he will do something almost none of his predecessors have...
The S&P 500 closed above 7,500 for the first time — Cisco’s 19% surge and Cerebras’s $5.5 billion IPO led the charge
The S&P 500 closed at 7,501.24 on Thursday, settling above 7,500 for the first time in the index’s history. The Associated Press confirmed the record,...
Xi warned Trump that differences over Taiwan could lead to a “clash” — on Day 1 of a summit where traders give 81% odds the tariff truce gets extended
Chinese President Xi Jinping looked across the table at Donald Trump on May 14, 2026, the opening day of their bilateral summit, and delivered a...
Cerebras raised $5.5 billion in the biggest tech IPO since Uber — then the stock nearly doubled on Day 1 to a $95 billion valuation
When Cerebras Systems priced 30 million shares at $185 each on Wednesday evening, the AI chip startup had already secured its place in Wall Street...
Cisco cut 4,000 workers on the same day it posted record revenue of $15.84 billion — and doubled its AI orders to $9 billion
On May 13, 2026, Cisco Systems did two things simultaneously: it reported the strongest quarter in its 42-year history, and it told nearly 4,000 employees...