Morning News: May 5, 2026

Oil Prices Slide but Remain Elevated as Middle East Tensions Escalate

The Risk of the Iran War Restarting Is Irrationally High

Big Oil and the White House Face a Pump Price Reckoning

Iraq Slashes Oil Prices for Buyers Willing to Transit Hormuz

As Oil Prices Stay High, China Doubles Down on Wind Power

Hong Kong’s Economy Expands at Strongest Pace in Nearly Five Years

HSBC Shares Slump 6% On Surprise $400 Million Hit Linked to MFS Collapse

The Much Bigger Government In Rand Paul’s “Six Penny” Budget Plan

A Bill That Would Result In Us Losing Our Credit Card Rewards

The Return for These Investors Isn’t Money, It’s More Affordable Housing

One Calf Shows Why Record Beef Prices Still Aren’t Coming Down

Jump and Securitize Join Forces to Trade Tokenized Stocks

Dollar Dominance Crushes Lagarde’s European Crypto Ambitions

Coinbase to Slash 14% of Workforce as Part of Restructuring

Apple Explores Using Intel and Samsung to Build Main Device Chips in the US

Data Centers Aren’t the Enemy — They’re the Future

Anthropic and Wall Street Giants Join Forces to Create New A.I. Firm

AI’s Hottest Private Firms Have Booming Crypto Shadow Market

Solar in Space Is a Solution in Search of a Problem

Team Trump Tries to Blame Biden for Spirit Airlines’ Collapse, But Reality Gets in the Way

Why the Collapse of Spirit Airlines Means Higher Fares for Everyone

The Secret Team Blowing Up Ford’s Assembly Line to Make a $30,000 Electric Truck

Harley-Davidson’s New Boss Wants to Sell You a Bike You Can Actually Afford

Secret Recordings, Hidden Shares and a Family Rift at South Korea’s LG

How Corporations Use the Texas Two-Step to Avoid Asbestos Lawsuits

Pfizer Revenue Rises But Profit Falls Amid Boosted R&D Spending

Amazon Expands Logistics Arm to Outside Companies

Amazon’s Freight Rivals Won’t Just Roll Over

Grab Expects Another Strong Year Ahead Despite Headwinds

The Hospitality Realty Inflection Point, and the Meaning of 2026

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Posted by on May 5th, 2026 at 7:09 am


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