Economy Watch
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Ben Carter is a staff writer at P&L, covering markets, dealmaking, and public companies. He previously worked in equity research, focusing on valuation, earnings, and IPOs.
Donec tempor, nibh sed dapibus hendrerit, ante nisl eleifend velit, non rutrum erat magna non turpis. In hac habitasse platea dictumst. Phasellus bibendum tortor sit amet augue maximus, at iaculis nisl tristique.
Intel shares jumped 214.6% through mid-May 2026, outperforming Nvidia's return as market attention shifted from training chips to inference semiconductors.
The median single-family sale price in Shoreline reached $827,500 last month as high mortgage rates limited inventory.
U.S. consumer prices rose 3.8% annually in April as the Cleveland Fed warned that inflation could reach 4.2% in May due to elevated energy costs.
West Texas Intermediate rose above $105 a barrel as the closure of the Strait of Hormuz continues to block more than 20% of the world's energy supply.
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Investigators identified more than 80 Polymarket users who placed suspicious bets across nearly 30 topics including military strikes and cryptocurrency regulation.
Goldman Sachs predicts the summit will focus on tariffs and semiconductor export controls rather than a broad reset of bilateral ties.
The Producer Price Index rose 1.4% in April to reach an annual rate of 6.0%, the largest increase since 2022.
Taiwan reported first-quarter GDP growth of 13.69 percent, marking a 39-year high as its equity market surpassed Canada’s to become the sixth-largest in the world.
Existing home sales in the U.S. edged up only 0.2% in April, missing economist expectations for a seasonal spring rebound.
Taiwan Semiconductor Manufacturing raised its 2026 revenue growth outlook and now expects the total semiconductor market to reach $1.5 trillion by 2030.