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Members of Congress won a battle to increase their pay. The war will go on.

Members of Congress won a battle to increase their pay. The war will go on.

A federal court has finally weighed in on the sensitive topic of congressional member pay, ruling that lawmakers acted improperly in repeatedly canceling cost-of-living adjustments. But members who have long groused about their stagnant compensation should not expect a raise anytime soon — if ever. Congress has repeatedly voted to overrule a 1989 law meant […]

Down 31% in 3 months with a 9.7% yield, are Taylor Wimpey shares too cheap to ignore?

Down 31% in 3 months with a 9.7% yield, are Taylor Wimpey shares too cheap to ignore?

Taylor Wimpey (LSE:TW.) shares have had a rough time in 2026, even by housebuilder standards. Despite government planning reforms and a political push to build more homes, the stock’s slumped around 31% in just three months, turning a £1,000 investment made in late February into roughly £690 today. Should you buy Taylor Wimpey Plc shares today? […]

ECB policymaker Lane hints the market is correct in expecting a rate hike in June

ECB policymaker Lane hints the market is correct in expecting a rate hike in June

ECB Chief Economist, Philip Lane said in an interview with Nikkei Asia that the conflict in the Middle East has worsened the euro area’s macroeconomic outlook, introducing heightened uncertainty. Elevated energy prices are dragging down consumption and investment, potentially leading to prolonged economic weakness. While gas prices remain relatively stable due to US supply, oil […]

Oil prices nudge up from overnight lows awaiting further US-Iran developments

Oil prices nudge up from overnight lows awaiting further US-Iran developments

WTI crude is cutting losses to near $93 now, moving well off the overnight low near $89.40. Still, there is some ways to go in recovering the opening gap lower this week. Traders were more optimistic about US-Iran developments, with eyes on a framework agreement and the potential reopening of the Strait of Hormuz. That […]

IAG shares have slumped over 10%, but is this a buying opportunity?

IAG shares have slumped over 10%, but is this a buying opportunity?

Image source: International Airline Group International Consolidated Airlines (LSE:IAG) have hit turbulence in 2026. Over the last three months, the stock’s slipped just over 10% as investors digest a nasty mix of surging jet fuel costs and fresh uncertainty over the global travel outlook. Yet underneath the volatility, the business is still making healthy profits. So […]