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Inflation Fears Weigh On Economic Data, Gold Declines | Bloomberg Markets 5/21/2026
"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests: KPMG Chief Economist Diane Swonk, Advisors Capital Management Portfolio Manager & Partner JoAnne Feeney, RockCreek Co-Chief Investment Officer Alifia Doriwala, and Tabor Asset Management Research Director, Consumer Sector Head Laura Champine. (Source: Bloomberg)
Mortgage Rates Hit Highest Since August as War Fans Inflation
Diane Swonk, Chief Economist at KPMG joins Scarlet Fu on "Bloomberg Markets." US mortgage rates surged this week to the highest level since August, threatening a spring selling season that was just starting to get a pulse. The average rate for 30-year fixed loans jumped to 6.51% from 6.36%, the biggest weekly increase since the end of March, Freddie Mac reported on Thursday. (Source: Bloomberg)
Wangchuk set to join Ladakh talks today
SRINAGAR: Climate activist and Leh Apex Body (LAB) member Sonam Wangchuk will take part Friday in talks with the Centre on Ladakh, doing so as part of a delegation for the first time since such parleys began in 2023 on the political future of the Union territory (UT).
Trump's Revenge Tour Is Successful Now, But Will It Come Back To Haunt The GOP In November?
BusinessTrump's Revenge Tour Is Successful Now, But Will It Come Back To Haunt The GOP In November?ByForbesTV,Forbes Staff.Follow AuthorMay 21, 2026, 02:07pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.On "Forbes Newsroom," GOP strategist and executive director of Principles First Brittany Martinez reacted to the latest on President Trump’s revenge tour, which saw Rep. Thomas Massie (R-KY) and Sen. Bill Cassidy (R-LA)...
Market Risks Keep Multiplying: Doriwala
Alifia Doriwala, co-chief investment officer at RockCreek, joins Scarlet Fu on "Bloomberg Markets." A standoff between the US and Iran over key issues lifted oil prices, dragging down stocks and bonds on concern that a prolonged closure of the Strait of Hormuz could worsen energy disruptions and fuel inflation. (Source: Bloomberg)
Gold Declines as Traders Weigh Rate Path After US-Iran Standoff
Bloomberg's Jack Ryan joins Scarlet Fu on "Bloomberg Markets." Gold declined on persistent concerns that elevated energy prices stemming from the ongoing Middle East conflict may force central banks to keep interest rates higher for longer. (Source: Bloomberg)
Can my Social Security disability benefits be garnished for debt?
MoneyWatch: Managing Your Money Can my Social Security disability benefits be garnished for debt? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she wri...
Convective Capital raises an $85 million fund to build disaster resilience
Fire season kicked off early in California this year, with flames already approaching a former nuclear test site outside of Los Angeles. The rising number of natural disasters in California, and around the world, demand our attention — and, in Silicon Valley, venture investment. Convective Capital, an early stage venture fund led by Bill Clerico, announced a new $85 million fund Thursday, following up on a $35 million fund raised in 2022. While the first fund was mainly backed by wealthy individ...
How much interest can a $40,000 long-term CD account earn now?
MoneyWatch: Managing Your Money How much interest can a $40,000 long-term CD account earn now? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. H...
How much is rent in your London borough? Check our guide as capital average hits record £2,290
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Shein And Everlane Combination Tests The Limits Of Sustainable Consumers
BusinessRetailShein And Everlane Combination Tests The Limits Of Sustainable ConsumersBySharon Edelson,Senior Contributor.Forbes contributors publish independent expert analyses and insights. I write about retail and the forces that are redefining shopping.Follow AuthorMay 21, 2026, 01:13pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Shein, which has been called the world's biggest fast fashion polluter is reportedly a...
Oil Gains as Iran’s Uranium Stance Clouds Hormuz Outlook
Oil gained Monday as traders weighed conflicting reports on Iran’s uranium enrichment, a key sticking point in peace negotiations with the US that could dictate the pace of reopening the vital Strait of Hormuz. West Texas Intermediate traded above $101 a barrel Monday after sliding 5.7% in the previous session. Prices pared some gains after Al Jazeera reported no new uranium directive had been issued, citing an unnamed Iranian official. Traders have been on high alert for clues on the status of...
Open Interest 5/21/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Nvidia’s blowout earnings fail to supercharge the AI trade, as investors eye the next wave of mega IPOs from SpaceX, OpenAI, and Anthropic. Plus, Jamie Dimon’s AI hiring shift: more AI staff, fewer bankers Plus, warnings on the AI debt boom, e.l.f Beauty’s Rhode-fueled surge, and a Trump advisor’s prediction for lower gas prices. (Source: Bloomberg)
Brazilian Executives Waver on Flávio Bolsonaro Over His Ties to Jailed CEO
Some Brazilian executives and investors are tempering their support for presidential candidate Flávio Bolsonaro as he seeks backing in the nation’s financial hub days after details emerged about his relationship with a scandal-plagued banker.
Stellantis Plots $70 Billion Turnaround on Brand Reset
Stellantis NV announced a major investment push focused on four core brands in a broad reset to boost profitability. The automaking group will spend some €60 billion ($70 billion) through 2030 to launch 60 new models, prioritizing the Jeep, Ram, Peugeot and Fiat brands. In North America, it plans to add a new compact and midsize pickup truck as well as a new entry-level model for the Dodge brand to help it rebuild after years of sales declines. Chrysler, which today sells just a minivan, will...
Home Buyers Hit as Bond Rout Drives Rates Higher
Since the oil-price shock from President Donald Trump’s Iran war unleashed the biggest jump in inflation since 2023, bond prices have tumbled, pushing yields on some US government debt to the highest levels in nearly two decades. The rate on 10-year Treasuries, which sets the floor for mortgages, has climbed to around 4.6%, with traders saying 5% is within reach. Gennadiy Goldberg, Head of US Rates Strategy at TD Securities, joins to discuss rates breaking through key technical levels, what's r...
Boll & Branch Expands Store Network To Blanket The Country In Luxury Sleep
BusinessRetailBoll & Branch Expands Store Network To Blanket The Country In Luxury SleepByPamela N. Danziger,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market.Follow AuthorMay 21, 2026, 12:45pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.SummaryLuxury home textiles brand Boll & Branch is rapidly expanding its ph...
Fidelity Collective Buys Up Westone Audio And Etymotic Brands
InnovationConsumer TechFidelity Collective Buys Up Westone Audio And Etymotic BrandsByMark Sparrow,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Technology journalist specializing in audio, computing and Apple Macs.Follow AuthorMay 21, 2026, 12:45pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.The flagship Westone AM Pro X 30 contains three balanced armature for a wider frequen...
National Lottery creates own coin as nearly two-thirds of Britons stop carrying cash
The National Lottery has unveiled specially designed coins intended for use when scratching lottery tickets, after new research revealed nearly two-thirds of the British public no longer routinely carry cash.The limited-edition tokens, marginally bigger than a standard £2 coin, were introduced following findings that 65 per cent of people rarely have cash on their person nowadays.Each scratch-coin displays the lottery's recognisable crossed-fingers emblem alongside its "It could be you" tagline....
Why AI Profitability Belongs To Enterprise, Not Consumer Scale
InnovationAIWhy AI Profitability Belongs To Enterprise, Not Consumer ScaleByPaulo Carvão,Contributor.Forbes contributors publish independent expert analyses and insights. Paulo Carvão is a Senior Fellow at HarvardFollow AuthorMay 21, 2026, 12:32pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.As OpenAI and Anthropic race toward public listings, their financials tell opposite stories. One company has found AI profitabilit...