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&lt;h1 id="bloomberg--2026-05-08"&gt;Bloomberg — 2026-05-08&lt;a class="anchor" href="#bloomberg--2026-05-08"&gt;#&lt;/a&gt;&lt;/h1&gt;
&lt;h2 id="lead-story"&gt;Lead Story&lt;a class="anchor" href="#lead-story"&gt;#&lt;/a&gt;&lt;/h2&gt;
&lt;p&gt;US employers added 115,000 jobs in April, marking the first back-to-back monthly advance in nearly a year and keeping the unemployment rate steady at 4.3%. The resilient labor market data propelled US stocks to all-time highs, fueled by an 11% weekly surge in chipmakers, as investors largely shrugged off the inflationary risks of the ongoing conflict with Iran. However, wage growth moderated, and a separate gauge of US consumer sentiment plummeted to a fresh record low over relentless cost-of-living concerns.&lt;/p&gt;</description></item><item><title>Bloomberg</title><link>https://macworks.dev/docs/week/bloomberg/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><guid>https://macworks.dev/docs/week/bloomberg/</guid><description>&lt;h1 id="bloomberg--week-of-2026-05-08-to-2026-05-15"&gt;Bloomberg — Week of 2026-05-08 to 2026-05-15&lt;a class="anchor" href="#bloomberg--week-of-2026-05-08-to-2026-05-15"&gt;#&lt;/a&gt;&lt;/h1&gt;
&lt;h2 id="story-of-the-week"&gt;Story of the Week&lt;a class="anchor" href="#story-of-the-week"&gt;#&lt;/a&gt;&lt;/h2&gt;
&lt;p&gt;The geopolitical impasse between the US and Iran escalated significantly after President Trump rejected Tehran&amp;rsquo;s peace proposals as &amp;ldquo;totally unacceptable,&amp;rdquo; ensuring the continued blockade of the Strait of Hormuz. The resulting energy supply shock has driven global oil inventories down at a record pace and severely amplified inflation fears, pushing US consumer price growth to 3.8% and sending global bond yields to their highest levels since 2007. This dual shock of spiking energy costs and plummeting crude output sets up an immediate, critical test for newly confirmed Federal Reserve Chair Kevin Warsh, as traders rapidly unwind expectations for near-term rate cuts.&lt;/p&gt;</description></item></channel></rss>