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Kevin Hassett says "consumer sentiment" should be renamed "political sentiment"
As the Dow Jones hit an all-time high this week, consumer sentiment hit an all-time low, Kevin Hassett, the director of the White House National Economic Council, told "Face the Nation with Margaret Brennan" that he believes "we should stop calling it consumer sentiment and start calling it political sentiment, because it's really a political variable."
It's a wasteful distraction:' Experts slam Mamdani's taxpayer-funded grocery stores
As New York City Mayor Zohran Mamdani moves forward with plans for city-owned grocery stores, economists and local business owners warn the proposal could crush small grocers while leaving taxpayers with a hefty bill.The initiative, a key Mamdani campaign pledge, would establish city-backed supermarkets across the city in an effort to lower food costs.Adam Lehodey of the Manhattan Institute believes the city could address food affordability more efficiently through private-sector partnerships an...
Londoners hit with £2.5million bill as West Ham relegated
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Supertanker With Iraq Crude Exits Persian Gulf as Talks Continue
A supertanker hauling Iraqi crude to China has left the Persian Gulf and crossed the US blockade line into the Arabian Sea, as talks continue to end the war between the US and Iran and reopen the Strait of Hormuz.
Short sellers reap more than $2.3bn profit betting against gambling companies
Online groups under pressure from jump in prediction markets’ popularity in US and steep tax rises in UK
Bengaluru sees 1 economic offence every 2.5 hours
Bengaluru faces a surge in economic crimes. Over three years, one offense occurred every 2.5 hours. Forgery, cheating, and fraud dominate these cases. This indicates a shift from physical theft to financial deception. Police face challenges due to cross-state networks and digital methods. The city's crime profile is changing.
Indians cut overseas travel spending to $1.9 billion in March: RBI
Indian overseas travel spending saw a significant drop in March, with remittances falling by over $212 million from February. This decline, attributed to rising oil prices and a weakening rupee, occurred despite travel remaining the largest component of outward remittances under the Liberalised Remittance Scheme.
Government 'pouring fuel on the fire' of unemployment as costs soar for employers, leading recruitment boss warns
Government 'pouring fuel on the fire' of unemployment as costs soar for employers, leading recruitment boss warnsSee more Daily Mail on Google - save us as a Preferred SourceBy SHAUN WOOLLER, EXECUTIVE HEALTH EDITOR Published: 16:52, 24 May 2026 | Updated: 16:52, 24 May 2026 e-mail View comments
Jardine Is Said to Near Purchase of I-MED in $2.4 Billion Deal
Jardine Matheson Holdings Ltd. is nearing an agreement to buy I-MED Radiology Network Ltd., people familiar with the deal said on Sunday, an acquisition that would add Australia’s biggest medical diagnostic imaging provider to the conglomerate’s portfolio.
Bullion watch: Gold, silver seen range-bound as US-Iran talks enter crucial phase
Gold prices are expected to remain steady this week, influenced by US-Iran talks and upcoming US economic data. Silver, however, may continue to outperform due to geopolitical tensions and high crude oil prices. Investors await signals on the Federal Reserve's next policy move amidst shifting statements from Washington and Tehran.
Lecherous equity boss forced to pay £100k to a female executive he nicknamed 'candy toes' goes bankrupt BEFORE handing over compensation
Lecherous equity boss forced to pay £100k to a female executive he nicknamed 'candy toes' goes bankrupt BEFORE handing over compensationDo YOU have a story? Email tips@dailymail.com See more Daily Mail on Google - save us as a Preferred SourceBy NICK FAGGE, SENIOR REPORTER Published: 16:03, 24 May 2026 | Updated: 16:03, 24 May 2026 e-mail View comments
How Corpus Christi Became America’s Top Energy Export Hub
BusinessEnergyHow Corpus Christi Became America’s Top Energy Export HubByRobert Rapier,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector.Follow AuthorMay 24, 2026, 10:52am EDTMay 24, 2026, 10:53am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more. CORPUS CHRISTI, TEXAS - NOVEMBER 16: A man watches a ship pass under the Harb...
Celebrating most prestigious, and junkers, of automobile world
In California, the Pebble Beach Concours d'Elegance is widely considered the most prestigious car show in the world. But just a few miles away, the Concours d'Lemons celebrates the junkers of the automotive world.
Why 9 million houses are lying empty in Japan
Japan faces a growing crisis with nine million empty homes, or akiya, due to population decline, inheritance issues, and costly demolition. Tax incentives encourage owners to leave properties standing, leading to decay and potential risks for communities. Many of these vacant homes are unsellable or unrentable.
“Monetarism” Is Confirmation That Economists Never Got The Joke
BusinessPolicy“Monetarism” Is Confirmation That Economists Never Got The JokeByJohn Tamny,Contributor.Follow AuthorMay 24, 2026, 10:00am EDTEconomist Milton Friedman Reading (Photo by Roger Ressmeyer/Corbis/VCG via Getty Images)Corbis/VCG via Getty ImagesThere’s a George Will column somewhere that says if you want to make God laugh, tell him your plans. Economists seemingly never got the joke. Those on the “free market” side of the economist aisle still cling to the surely comical notion that th...
Bond Strategists Warn Yields to Stay High Even If Iran War Ends
For all the hand-wringing over war-related inflation fears, there are signs that other drivers are having as much a bearing on longer-term borrowing costs.
Stock market watch: Middle East tensions, oil prices & more to guide Dalal Street
Dalal Street braces for a week of global uncertainty, with Middle East tensions, crude oil prices, and foreign investor behavior dominating market sentiment. Hopes for US-Iran negotiation progress offer a glimmer of optimism, but caution prevails. Investors will also monitor the rupee's movement and the RBI's significant dividend payout.
The red states racing ahead in America’s powerful wealth boom — and the states falling behind
Americans, along with billions in taxable income, are flocking to Southern and Sun Belt states, accelerating a population and wealth shift away from several coastal blue-state strongholds, according to new IRS migration data.The shifts are reshaping where economic and political power is concentrated ahead of the 2026 midterms, affecting housing markets, state economies, congressional representation and the balance of power.Texas and Florida led the nation in inbound migration between 2022 and 20...
Resurgent Political Risk Derails Rallies Across Emerging Markets
Investors in emerging markets are getting slammed by a fresh wave of political turmoil that is derailing bets from Latin America to Eastern Europe.
What’s Happening in EM: Political Risk Roils Markets (Podcast)
Maria Elena Vizcaino and Zijia Song discuss the fresh wave of political risk rippling across emerging markets, how they’re affecting financial assets and how investors are positioning for the resurgent jitters.