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UK borrowing costs hit 28-year-high as City braces for Burnham challenge
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Moody's Analytics chief economist Mark Zandi warns of high risk of recession in America
Moody's chief economist Mark Zandi warns of a 40% recession risk in the US within a year, citing 'counterproductive policy choices' like tariffs and restrictive immigration. He suggests abandoning these policies, ending the Iran war, and letting the Fed maintain steady interest rates could avert a downturn, despite slowing job growth.
UK inflation rate set to fall as lower household energy bills offset fuel surge
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UAE to complete second oil pipeline bypassing strait of Hormuz by 2027
State oil company fast-tracks previously undisclosed project, which is expected to double export capacityBusiness live – latest updatesThe United Arab Emirates has announced it will complete a new oil pipeline bypassing the strait of Hormuz by next year to secure its future crude exports against the threat of disruption.The current blockade of the vital waterway, through which 20% of oil and seaborne gas flowed before the Iran war, is approaching the 11-week mark, sending energy prices soaring a...
Sir Jim Ratcliffe's net worth plummets by almost £2BILLION as Man United co-owner's estimated wealth is revealed in Britain's rich list
Sir Jim Ratcliffe's net worth plummets by almost £2BILLION as Man United co-owner's estimated wealth is revealed in Britain's rich listChallenge yourself with Craig Hope's exclusive World Cup quiz for free by signing up to our brand-new newsletter World Cup Unfiltered. Get it HERE By MICHAEL PAVITT, SPORTS REPORTER Published: 11:04, 15 May 2026 | Updated: 12:20, 15 May 2026 e-mail 52 View comments
Inflation and Fed Policy Are on Collision Course, Page Says
Sébastien Page, T. Rowe Price CIO and head of global multi-asset, talks about the challenges around hedging against inflation risk. He says the main risk in financial markets is the "collision course between inflation and Fed policy." He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Global Bonds Sell Off Amid Inflation Angst; Trump-Xi Summit Concludes | Bloomberg Brief 5/15/2026
A global bond selloff intensifies amid growing concerns over inflation as oil prices climb. The British pound is on track for its worst week since 2024 against the dollar as UK Prime Minister Keir Starmer faces challengers for his position. A two-day meeting between President Trump and President Xi comes to an end with both leaders touting stronger ties between the US and China. Kelsey Berro of JPMorgan Asset Management breaks down the selloff in government bonds. Nicholas Burns, former US Ambas...
The Regulatory Tsunami No One In Advertising Is Talking About
InnovationThe Regulatory Tsunami No One In Advertising Is Talking AboutByChai Outmezguine,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 15, 2026, 07:15am EDTAvi Chai Outmezguine is CEO of Becausal, powering next-generation audience intelligence through causal AI-driven data innovation. gettyThe industry is celebrating the end of the cookie war...
Aramco Cracks Open Its Empire to Wall Street in $35 Billion Push
Days after a BlackRock Inc.-led group signed an $11 billion lease agreement for some of Saudi Aramco’s natural gas facilities, the energy giant was inundated with calls from funds around the world eager for a slice of the business.
Huge home for sale on Billionaire's Island for NOTHING - but there is a very unusual catch
A house on Massachusetts' Billionaire Island is up for grabs, and instead of costing millions, the property is being given away for free - but there are things you need to know!
Waitrose is cheaper than Sainsbury's and Tesco if you don't have a Nectar or Clubcard (but one budget retailer still wins out over the loyalty schemes)
Waitrose is cheaper than Sainsbury's and Tesco if you don't have a Nectar or Clubcard (but one budget retailer still wins out over the loyalty schemes)The consumer champion analysed 240 of the most popular groceries READ MORE: M&S releases its highly-anticipated Summer Beauty Bag - here's how to get £230 worth of beauty products for just £40By ALANAH KHOSLA, SENIOR LIFESTYLE REPORTER Updated: 11:55, 15 May 2026 e-mail 18 View comments
Berro: Fed Should Communicate On-Hold Path
Kelsey Berro, Fixed Income Portfolio Manager at JPMorgan Asset Management, joins Bloomberg’s Vonnie Quinn on “Bloomberg Brief” to break down the ongoing selloff in the global bond market and discuss the Fed’s potential course of action in an uncertain trading environment. (Source: Bloomberg)
Inflation Is Roiling Bond Markets as Yields Rise | The Opening Trade 5/15/2026
Investors shed government bonds around the world, propelling borrowing costs to multi-year highs from Japan to the US amid intensifying fears that war-driven inflation will force central banks to pursue higher interest rates. Inflation is the overwhelming risk facing the economy, Fed Governor Michael Barr said on Thursday. The comments followed data this week that showed producer costs accelerating at the fastest pace since 2022. Traders are pricing in an almost two-thirds chance the Fed will h...
Trump-Xi accord on Iran elusive as US president’s China trip winds down
China calls for ceasefire and opening of seaway, while Donald Trump says Xi feels ‘very similar’ about ending the war in IranTrump in China – latest updatesDonald Trump has claimed that the US and China “feel very similar” about ending the war in Iran but offered no details about a possible breakthrough.The US president was speaking alongside Xi Jinping of China at the Zhongnanhai garden in Beijing on the second and final day of the leaders’ summit. Continue reading...
The Provider Enrollment And Credentialing Cost Problem Most Payer CFOs Haven’t Fully Quantified
InnovationThe Provider Enrollment And Credentialing Cost Problem Most Payer CFOs Haven’t Fully QuantifiedByTammy Hawes,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 15, 2026, 06:15am EDTTammy Hawes is VP, Payer Credentialing and Compliancy at HealthStream, following the acquisition of Virsys12 in October 2025. gettyAdministrative efficiency is...
RBC’s Calvasina Says 5% Yield Would Challenge US Stock Bulls
Bullish calls on US stocks will be challenged if benchmark Treasury yields hit 5%, a level that usually depresses price-to-earnings ratios, according to Lori Calvasina, head of US equity strategy at RBC Capital Markets LLC.
Researchers use Anthropic Mythos to find flaws in Apple security; ‘hack’ MacOS
An AI tool named Mythos has breached Apple's macOS, considered highly secure. Researchers used Mythos to link two minor software flaws. This allowed the AI to corrupt the Mac's memory and access sensitive data. The exploit could grant hackers full control of a victim's computer. Apple is reviewing the findings. This development highlights the growing threat of AI-assisted cyberattacks.
The 50+ best deals at REI’s Anniversary Sale
Deals and SalesThe 50+ absolute best deals at REI’s Anniversary Sale: Shop The North Face, Osprey and morePlus top brands like Merrell for more than 25 percent off.May 15, 2026, 6:00 AM EDTHarry RabinowitzTech ReporterSkip to table of contentsREI is one of the largest outdoor retailers nationwide, and this is its biggest sale of the year.Vivian Le / NBCREI’s biggest sale of the year, the REI Anniversary Sale, starts today, and is the best time to find great deals from the brand, plus other big n...
Adani Group Revives Plan to Seek $1 Billion With Dollar Bond
Indian conglomerate Adani Group is reviving plans to seek about $1 billion through a US-listed dollar-denominated bond, according to people familiar with the matter, a move reflecting its intent to return to the US financing market as its legal troubles there ease.
As AI wipes off lakhs of jobs, Blackstone COO predicts thousands new jobs being created
While generative AI impacts white-collar jobs, Blackstone's Jon Gray highlights a surge in blue-collar employment driven by AI infrastructure investments. Massive spending on data centers is creating lucrative opportunities for skilled trades, though a significant talent shortage looms. Companies are now investing in training initiatives to address this growing demand.