US consumer sentiment falls to record low as cost of living fears intensify

Deregulation hands top US, UK banks $1.3T opening – FT. The Financial Times reports that regulatory easing creates a $1.3 trillion opportunity for major lenders.

Deregulation provides top US and UK banks with a $1.3 trillion market opening, according to the Financial Times.

US credit card defaults hit near-15 year highs as payment delinquency accelerates to fastest pace since 2008 financial crisis.

Americans are falling behind on loan and credit card payments at the fastest rate since the 2008 financial crisis, with credit card defaults reaching near-15 year highs.

Federal government sues Minnesota over law banning prediction market operators. The lawsuit challenges the state's authority to regulate such markets, citing federal oversight.

The federal government is suing Minnesota after state legislators passed a bill banning prediction market companies from operating in the state.

Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation

Sri Lanka's central bank raised its benchmark interest rate by 100 basis points, citing the impact of the Iran war on the currency and inflation.