US consumer sentiment fell in recent weeks to a fresh record low on concerns about the impact of inflation on personal finances and buying conditions. The preliminary May sentiment index decreased to 48.2 from 49.8 in April, according to the University of Michigan....

UK long-term borrowing costs jumped to a 28-year high as worries intensified over local government elections and the impact of soaring energy prices on the economy. The yield on 30-year gilts surged as much as 13 basis points to 5.78%, the highest since 1998. The...

Hawkeye 360 Inc., a provider of satellite-based signals intelligence for US government agencies, is raising $416 million in a US initial public offering priced at the top of a marketed range, according to people familiar with the matter. The Herndon, Virginia-based...

Relative calm returned to global markets, with stocks rising and oil falling as signs that a US-Iran ceasefire is still in place reduced fears about a full-scale war that could hamper the economic outlook. The bounce in equities drove the S&P 500 to all-time highs...

Oil held the bulk of a sharp gain after fighting flared in the Middle East, with the US and Iran exchanging fire, renewed attacks on energy infrastructure, and vessels hit near the Strait of Hormuz. Brent traded near $114 a barrel, after surging 5.8% on Monday, while...