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Iran war could prompt Federal Reserve to raise rates, Pimco says
Bond giant and Franklin Templeton warn in interviews with FT against cuts in borrowing costs
First seen · 1:00 PM UTCMay 10, 2026
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Also happening today
All today →Observance
Mother's Day
Honors mothers and motherhood. Anna Jarvis kicked it off in West Virginia in 1908 to remember her own mother; it became a US national holiday in 1914 and spread to dozens of countries. Most observe it on the second Sunday of May — though Mexico, Spain, the UK and others run on their own calendars.
+33Public holiday
Mother's Day
Mother's Day is observed in Latvia (Mātes diena). Recognized nationally.
Public holiday
Mother's Day
Mother's Day is observed in El Salvador (Día de las Madres). Recognized nationally.
Public holiday
Father's Day
Father's Day is observed in El Salvador (Día del Padre). Recognized nationally.
Also on this date in history
All →2024
Start of the May 2024 solar storms, the most powerful set of geomagnetic storms since the 2003 Halloween solar storms.
Milestone2022
Queen Elizabeth II misses the State Opening of Parliament for the first time in 59 years. It was the first time that a new session of Parliament was opened by the Prince of Wales and the Duke of Cambridge acting as Counsellors of State.
Politics2017
Syrian civil war: The Syrian Democratic Forces (SDF) capture the last footholds of the Islamic State of Iraq and the Levant (ISIL) in Al-Tabqah, bringing the Battle of Tabqa to an end.
Politics