May 28, 2026 Crossing Wall Street
Morning News: May 28, 2026
Iceland Ousts Switzerland as Priciest Nation, Union Says
Strait of Hormuz Traffic Fades to a Crawl After Supertankers Exit
Trump’s Bind Deepens With Hormuz Shut and Hawks Pushing War
Oil Prices Climb on Renewed Hostilities in Middle East
What Plunging Pork Prices Say About China’s Economy
World’s Appetite for AI Makes China Less Afraid of Stronger Yuan
There Was No “China Shock,” There Was a Big China Boom
What Is Joint Debt and Why Is Europe Talking About It Again?
Warsh’s New Challenge: Containing Fed Hawks as Inflation Simmers
For International Fintechs, America Is the Grand Prize
AI’s Grip on Emerging Markets Fuels Rise in Stock-Picking ETFs
Another Insider Trading Case Hits Prediction Markets
The Ellison Family’s $49 Billion Ask Is an Acid Test for Markets
CEOs Still Fail to Understand the Rage Against Them
Fight the SpaceX FOMO. You’ll Be Glad You Did
The Trump Administration Is in Talks to Fund U.S. Drone Companies
Why It’s Time to Start Discussing Semiconductors Like Commodities: There May Be a Supercycle
South Korea Grapples With an AI Boom Spurring $340,000 Bonuses
With Anthropic, Do Investors Own What They Think They Own?
What It Takes to Get a Job at Anthropic
Ferrari CEO Says First EV Is Racking Up Orders Despite Criticism
CVS Returns Zepbound to Drug Plans After Lilly Slashes Price
Best Buy Jumps as Shoppers Snap Up Computers, Mobile Devices
One Million New-Car Buyers Are Gone and They’re Not Coming Back Soon
Temu Hit With Fine in E.U. Over Sales of Unsafe Goods
Kimchi Can’t Save Us From Microplastics
Streaming Services Tie Up to Keep You Hooked
TikTok Changed Music, Now Labels Worry It’s Leaving Them Behind
Caesars Agrees to Be Taken Over by Fertitta in $5.7 Billion Deal
Hormel Foods Sales Rise as Turnaround Strategy Progresses
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Posted by Eddy Elfenbein on May 28th, 2026 at 7:08 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.
