Trump's killer quote exposes his bind on Iran and inflation The president's clumsy wording handed Democrats a ready-made attack ad. Axios · May 14
Global Markets | Japan's Nikkei falls from record as inflation, interest rate concerns mount Tech shares helped Wall Street indexes notch record closing levels overnight, and gains by Japanese companies linked to the artificial intelligence boom were enough to give the Nikkei an early advance. The Economic Times · May 14
Bitcoin slips near $79,600 as broader crypto market weakens; BTC dominance stays elevated Bitcoin slipped near the $79,600 mark as the broader crypto market weakened amid inflation concerns and cautious investor sentiment. Analysts said traders are closely tracking US macroeconomic data and geopolitical developments, while continued profit-booking and fading momentum kept pressure on major cryptocurrencies and altcoins. The Economic Times · May 14
Why are gold and silver prices down today, and will precious metals decline or rise again in near future? Full market explainer on precious metals outlook Why are gold and silver prices down today, and will precious metals decline or rise again in near future? Gold prices stayed steady while silver moved lower as investors watched U.S.–China talks, inflation data, and Federal Reserve changes. Rising U.S. producer prices and expectations of higher interest rates influenced market… The Economic Times · May 14
India wholesale inflation jumps to 8.3%, highest in 3-1/2 years on oil shock Wholesale inflation in India jumped to 8.3 percent in April. This is the highest rate recorded in the current series. Soaring fuel and crude oil prices are the main drivers. This rise impacts mineral oils, natural gas, and manufactured goods. Producer costs are increasing rapidly. Global commodity and energy prices… The Economic Times · May 14
Reeves warns against risking economic stability with leadership battle, after UK growth beats forecasts in March – as it happened Chancellor warns against plunging the country ‘into chaos’ with leadership battle, after economy grows at fastest pace in a year in Q1 2026 The Guardian - UK · May 14
Supply-chain stress that peaked in covid heads higher again Rising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential inflationary pressures. The Economic Times · May 14
US Stock Market: Warsh set to lead Fed amid debate over rates, transparency and AI impact Fifteen years after leaving the Federal Reserve over disagreements on aggressive bond-buying policies, Kevin Warsh is set to return as chair of the U.S. central bank with a sweeping reform agenda, according to Reuters. Warsh has been a vocal critic of the Fed’s massive asset purchase programs that expanded its… The Economic Times · May 14
Global Market: Japanese investors turn net sellers of foreign stocks after four months Japanese investors became net sellers of foreign equities in April for the first time in four months, offloading 636.4 billion yen due to rising energy costs and inflation fears. Trust accounts led this sell-off, while investment trusts and life insurers continued to buy overseas stocks. This shift occurred as U.S.… The Economic Times · May 14
Preparing for Rupee at 100: What does it mean for the economy and your stock market investments? The Indian rupee is nearing the Rs 100 per dollar mark, driven by rising crude oil prices and foreign investor outflows. This depreciation fuels imported inflation, complicates RBI policy, and creates uneven impacts across equity sectors. Investors are advised to focus on resilient businesses as currency volatility persists. The Economic Times · May 14
Markets choppy, inflation looming: Pashupati Advani on what should investors do now Indian markets face ongoing turbulence, with a slowdown imminent due to inflation and supply chain issues. Foreign investors are selling off, impacting the broader market. Pashupati Advani of Global Foray advises caution, highlighting opportunities in infrastructure, exporters, and pharma, while also suggesting that investors prioritize fundamentals and government spending priorities. The Economic Times · May 14
Unions ramp up minimum wage rise demands as costs soar Low-paid workers should not go backwards because of Donald Trump's war, the peak union body says, as it calls for minimum wages to be raised to $26.45 an hour. AAP · May 14
Dollar boosted by rate expectations, safe-haven flows as Trump, Xi meet The US dollar strengthened on Thursday. Higher Treasury yields and safe-haven demand boosted the currency. Investors anticipate Federal Reserve rate hikes this year. A meeting between US President Donald Trump and China's Xi Jinping in Beijing is a key focus. The offshore yuan held near a three-year high. Inflation data… The Economic Times · May 14
Gold edges up on weaker dollar ahead of Trump-Xi talks Gold prices saw a slight increase on Thursday, influenced by a weakening dollar as investors closely watched the high-stakes meetings between U.S. President Trump and China's Xi Jinping. Meanwhile, U.S. producer prices surged, signaling accelerating inflation, while gold discounts in India reached a record high amid weak demand. The Economic Times · May 14
The Economic Times · May 14 Quote of the day by Simone Weil: 'Petroleum is a more likely cause of international conflict than...' – French philosopher and mystic's warning on global conflict, power, energy politics and how oil drives war and the economy Quote of the day by Simone Weil: Simone Weil's observation that petroleum is a more likely cause of international conflict than wheat highlights its critical role in modern economies and geopolitical power. The current Iran conflict demonstrates this, with disruptions in the Strait of Hormuz impacting global oil supply, driving…
The Economic Times · May 14 Global Market Today: Asian stocks, US futures climb on tech optimism Asian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely watching the US-China summit and geopolitical developments in Iran, while inflation concerns fuel bets on Federal Reserve rate hikes next year.
The Economic Times · May 14 Need over ₹2 crore for foreign education? From scholarships to SIPs - know the smart ways parents can plan for expensive foreign degrees The escalating cost of foreign education, often underestimated by Indian parents, necessitates early financial planning. Beyond tuition, accommodation, insurance, and currency fluctuations significantly increase expenses. Experts advise long-term investing through SIPs, considering education inflation and currency depreciation, to fund overseas studies effectively.
The Guardian - UK · May 13 Housing market in England and Wales weakening due to Iran war, say estate agents Homebuyers more cautious due to possible mortgage rate rises and higher inflation as sellers sit on properties
Evening Standard · May 13 Regional divide as house prices came under increased pressure in April – report Until there is a clearer path for inflation and borrowing costs, activity and sentiment look set to remain subdued, RICS said.
Fortune · May 13 Kevin Warsh confirmed as Fed chair in party-line vote amid Elizabeth Warren's 'sock puppet' criticism Every Republican voted for Warsh on Wednesday, as did Democratic Sen. John Fetterman of Pennsylvania.
MarketBeat · May 13 Birkenstock Q2 Earnings Call Highlights Birkenstock (NYSE:BIRK) reported fiscal second-quarter revenue growth within its target range on a constant-currency basis, while management said foreign exchange, tariffs, inflation and disruptions tied to conflict in the Middle East weighed on reported results and margins. The footwear company ge
The Economic Times · May 13 US stocks today: Chip stocks lift Nasdaq, S&P to record closing highs; hot inflation kills rate-cut hopes US stocks advanced with the S&P 500 and Nasdaq hitting record closing highs as AI-linked tech and chip stocks powered gains despite hotter inflation data. Producer prices surged, reinforcing expectations of prolonged Fed tightening. Markets also tracked Trump-Xi talks and rising geopolitical risks, while Morgan Stanley lifted its S&P target.
The Times of India · May 13 Trump ally Kevin Warsh confirmed as next US Federal reserve chair after tight Senate vote Kevin Warsh has been confirmed as the next chair of the US Federal Reserve after the Senate approved President Donald Trump’s nominee in a narrow 54-45 vote.
The Economic Times · May 13 Warsh clinches Senate approval to be Fed's next chair as inflation intensifies In a pivotal moment for the economy, the US Senate has officially confirmed Kevin Warsh as the chair of the Federal Reserve, just as inflation escalates. With President Donald Trump advocating for reduced interest rates, Warsh's leadership will be crucial at the next central bank meeting, where policymakers are wrestling…
The Economic Times · May 13 Modi’s toughest economic test may demand more than appeals Prime Minister Narendra Modi faces economic headwinds. Appeals for reduced consumption of imported goods like oil and gold may not suffice. Allowing oil prices to rise or the rupee to depreciate could curb demand but risks inflation. Tax cuts on fuel offer an alternative to protect consumers. Addressing foreign investment…