Crop Prices Hit Highest Since 2023 as War and Bad Weather Bite

Apr 29, 2026 | Markets

The extended closure of the Strait of Hormuz and extreme weather have jolted farm commodities prices to a two-year high, as fertilizer headaches and the prospect of smaller harvests drive food inflation risks. The Bloomberg Agriculture Spot Index, which tracks 10 of...

America’s Bond-Market Privilege Is Disappearing as US Debt Soars

Apr 29, 2026 | Markets

For much of the past few years, US Treasuries have failed to serve their traditional role as a sure-fire refuge from global market meltdowns. During the last three big ones — caused by the post-pandemic inflation shock, President Donald Trump’s tariff rollout and,...

AI Legal Firm Manifest OS Raises Funds at $750 Million Value

Apr 28, 2026 | Markets

Manifest OS, a startup selling AI software to lawyers, has sealed a $60 million Series A funding round valuing it at $750 million. Investors in the round include Menlo Ventures, Kleiner Perkins, First Round Capital and Quiet Capital, according to a statement reviewed...

Markets Downplay War’s Impact on Petrochemicals, Pipeline CEO Says

Apr 28, 2026 | Markets

Investors are misjudging how much Strait of Hormuz closures could impact global flows of petrochemicals, said Enterprise Products Partners LP Chief Executive Officer Jim Teague, adding to a chorus of industry voices warning about lingering disruptions from the Iran...

JPMorgan’s Dimon Warns Again on Risks of Credit Downturn

Apr 28, 2026 | Markets, Private Credit

JPMorgan Chase & Co.’s Jamie Dimon again cautioned that a credit market downturn could be worse than expected, even after his firm and Wall Street rivals posted a banner quarter in which loan portfolios held up. In private credit specifically, the fact that there...