Prepare your finances for a recession regardless of powerful GDP report, alert fiscal advisors: ‘Plan for far more disruption’

Crucial Factors

U.S. gross domestic products grew by 2.6% on an annualized foundation in the 3rd quarter, the Bureau of Economic Investigation approximated Thursday.
That growth follows a shrinking overall economy in the initial half of the 12 months.
But customers shouldn’t be lulled into a false sense of stability, in accordance to economists and economical advisors.

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Finance

Stocks making the biggest moves after hours: Hims & Hers, Gitlab, Cleanspark, Webtoon Entertainment & more

May 11, 2026

Check out the companies making headlines after the bell : Hims & Hers Health — Shares dropped more than 6% after the telehealth company guided for adjusted EBITDA in its current quarter of between $35 million to $55 million. Analysts polled by LSEG were expecting $70 million. Aecom — The infrastructure consulting stock added 2% […]

Finance

Series of court decisions weaken Democrats’ odds of winning the House

May 11, 2026

Key Points Odds that the party wins control of the lower chamber have fallen to 75% from 85.3% on April 28. While Democrats are still favored to win control of the House, the odds they do it are at their lowest level since late December. Source

Finance

JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount

May 11, 2026

Key Points JPMorgan-led lenders cut FS KKR Capital’s credit facility by roughly $648 million, or 14%, while raising borrowing costs. FS KKR reported deepening losses and announced a $300 million support package from KKR for the troubled BDC days after the credit-line amendment. The fund, known by its ticker FSK, reported roughly $560 million in […]