Morning News: April 27, 2026

The U.S. Started the War. The Rest of the World Is Feeling the Effects.

The Iran War Is Starting to Expose Cracks in China’s Economy

Moody’s Upgrades China Outlook to Stable on Economic Resilience

The Iran War May Become a ‘Phoney Sitzkrieg’

The World’s Food Supply Is Under a Quadruple Attack

Shell Agrees to Buy Canada’s ARC Resources for $13.6 Billion

Ahead of the USMCA Review, Trade Personifies Wealth Creation

ECB and BOE to Leave Key Rates Unchanged as Fate of Hormuz Strait Remains Unclear

Aren’t We Making Too Big Of A Deal About The Fed’s Balance Sheet?

Fed to Hold Interest Rates as Political Drama Overshadows Policy Debate

Fed Chair Powell Confronts His Final Big Decision: Stay or Go

US Stocks Will Keep Ignoring the Iran War

Private Credit Funds Are Working Precisely As Designed To

FanDuel Is Playing Catch-Up on Prediction Markets

The $1 Million Retirement Myth: Here’s What to Save Instead

Citi to Boost Japan, China Investment Banking Teams, Plans Senior Sector-Focused Hires

Goldman, JPMorgan Show Wall Street’s Split in Quantum Computing Race

Ligand Pharmaceuticals Is Buying Xoma for Nearly $740 Million

United Airlines Abandons Pursuit of Rival American Airlines

Airlines Looking for Fare Increases to Stick, Even When Jet Fuel Costs Fall

The Rise of the High-Range, Less Expensive E.V.

The Rising Chinese Automaker Not Named BYD

How Larry Ellison’s Wealth Differs From Other Tech Billionaires

Elon Musk Says Saving for Retirement Is Irrelevant Because AI Is Going To Create a World of Abundance: ‘It Won’t Matter’

Musk vs. Altman: A High-Stakes A.I. Clash Goes to Court

China Orders the Unwinding of Meta’s Acquisition of an A.I. Start-Up

Apple Grandmaster Tim Cook Is Playing 3D Chess With AI

Colorado River Water Woes Threaten Arizona’s AI Boom

Re/Max Is Being Sold to a Tech-Focused Real-Estate Firm

Verizon Adds Wireless Subscribers in First Full Quarter Under New CEO

Spotify Premium Now Includes Peloton Classes, Marking Push Into Fitness Content

American Whiskey Distilleries Reroute Shipments to Singapore as Trade Tensions Bite

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Posted by Eddy Elfenbein on April 27th, 2026 at 7:05 am

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.