The Iran War Brings More Inflation and New Strength to the Yuan

U.S. To Begin 86-Million-Barrel SPR Dump Next Week Via Exchange Program The speed of the energy shock rippling out from the U.S.-Iran conflict in the Middle East and the near-paralysis of the Strait of Hormuz forced the 32-member IEA last week to approve a 400-million-barrel release from Strategic Petroleum Reserves to help cushion the blow to the global economy. The bulk of that supply will come from the U.S., with the Trump administration preparing a request to exchange 86 million barrels of crude oil as soon as next Wednesday. The planned...

Goldman Flags Troubling Mortgage Delinquency Rise Across This U.S. Region Mortgage delinquencies fell slightly in March, with the first-lien delinquency rate declining to 3.35%, down 37 basis points from February, as seasonal factors and tax refunds supported borrowers. The real estate and mortgage industry outlet HousingWire cited Intercontinental Exchange’s May 2026 Mortgage Monitor report, which showed that while the overall mortgage delinquency rate fell in March, there was still concern over serious delinquencies and foreclosures, which are up by 154,000 borrowers from one year ago. The increase was driven mostly by FHA...

What To Watch As SpaceX's IPO Filing Drop Imminent Ahead of Thursday's scheduled launch of SpaceX's Starship V3 rocket, there are indications that Elon Musk's rocket and AI company could release its IPO filing as soon as this afternoon, giving investors, analysts, and competitors a rare look inside the finances and ownership structure of Musk's space empire. Starship and Super Heavy V3 moved to the pad at Starbase for final testing and preparations for launch pic.twitter.com/vU21Owvoif — SpaceX (@SpaceX) May 19, 2026 Will SpaceX's public ticker be another ticker? Yes 91% · No...