flash-finance

Federal Reserve chair Jerome Powell steps down this month after proving himself an exemplary public servant. Compelled to deal with a president intent on telling the central bank what to do, his response was exactly right. Reluctant to confront the White House until he had no choice, he then did so

More than 3 million New York metropolitan-area homes are vulnerable to hurricane winds, the most of any region in the country, according to a report from Cotality, a property analytics firm.

Philippine digital banks struggle to find their mojo

EAGLE, Idaho, May 18, 2026 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announces the acquisition of the real estate and operations of an established senior living commun

Oil fell after President Donald Trump said he’d called off a strike on Iran planned for Tuesday following an appeal by Persian Gulf allies.

Oil falls 2% as Trump holds off scheduled attack on Iran Reuters

Nasdaq leads equity losses with oil, borrowing costs in focus Reuters

Asian shares mixed, bonds recover as oil eases on Trump's Iran comments Reuters

AllianzGI Fixed Income CIO Jenny Zeng warns bond markets may be somewhat overpricing inflation expectations. Meanwhile, she notes that while Fed hikes remain on the table, US energy independence and a gradually softening tariff impact could mitigate the need for dramatic action. (Corrects with full

Bryan Sheffield, Managing Partner at Formentera Partners, discusses the impact from the Iran war and outlook for the energy market. He speaks with Paul Allen from the sidelines of the Australian Energy Producers Conference in Adelaide. (Source: Bloomberg)