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The crises caused by the Iran war will hit the world in four waves
The impact of the conflict will not stop at energy price hikes. It will spread to various sectors and last years.
Reeves left red-faced as she 'DROPS' 'Soviet-style' shopping price cap plan after backlash from supermarkets and Bank of England
Reeves left red-faced as she 'DROPS' 'Soviet-style' shopping price cap plan after backlash from supermarkets and Bank of EnglandSee more Daily Mail on Google - save us as a Preferred SourceBy JAMES TAPSFIELD, UK POLITICAL EDITOR Published: 10:00, 21 May 2026 | Updated: 10:00, 21 May 2026 e-mail View comments
Google co-founder Sergey Brin donates $500,000 to group fighting ‘overpaid CEO tax’
Google co-founder Sergey Brin is injecting significant funds into San Francisco's local politics, backing a business-friendly tax proposal while opposing a controversial "Overpaid CEO Tax." This move, following his relocation from Silicon Valley, reflects Brin's broader campaign against wealth redistribution measures, which he links to his personal experience fleeing socialism.
Trump task force is tackling $250 billion in government fraud. It’s just getting started
For years, the American government failed to protect its citizens from fraudsters, and instead let people, often foreign-born immigrants from the developing world, take advantage of this nation’s generous spirit and bleed its taxpayers dry. Thanks to President Donald Trump and Vice President JD Vance, the American people are learning in real-time that we don’t have to accept this. Like all anti-civilizational forces, putting up with fraudsters fleecing the American taxpayer is a choice. We choos...
These are retirees 5 biggest financial fears
MoneyWatch The 5 biggest financial concerns for retirees, according to new research .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports. Read Full...
Are Financial Institutions Failing To Back The Low-Carbon Economy?
InnovationSustainabilityAre Financial Institutions Failing To Back The Low-Carbon Economy?ByJamie Hailstone,Contributor.Forbes contributors publish independent expert analyses and insights. Jamie Hailstone is a U.K-based reporter, who covers sustainability. Follow AuthorMay 21, 2026, 04:59am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.PALM SPRINGS, CALIFORNIA - MARCH 06: Wind turbines operate at a wind farm near solar...
UK net migration drops below 200,000 for first time since Covid-19 pandemic
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Rupee, CAD under watch, US trade talks on track: Goyal says India will 'come out winner'
Union Minister Piyush Goyal addressed concerns over the rupee's decline and widening current account deficit, stating the government is considering measures to manage the situation. He also highlighted significant US investment commitments and confirmed ongoing trade deal discussions are proceeding as scheduled.
Net migration falls to 171,000 but asylum seekers continue to rise, new official data shows
Net migration falls to 171,000 but asylum seekers continue to rise, new official data showsSee more Daily Mail on Google - save us as a Preferred SourceBy DAVID BARRETT, HOME AFFAIRS EDITOR Published: 09:41, 21 May 2026 | Updated: 09:41, 21 May 2026 e-mail View comments
Nationwide to overtake Lloyds to have UK’s biggest branch network next month
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AI has been amazing for economy: Trump says as AI layoffs in US cross 50,000
Donald Trump lauded AI's economic benefits, citing record job numbers and stock market gains. However, a New York Post report revealed over 52,000 tech layoffs in early 2026, with AI increasingly cited as the cause.
Manus Weighs Raising $1 Billion to Unwind Meta Takeover
The co-founders of Manus are exploring options to fulfill Beijing’s demand to unwind a controversial takeover by Meta Platforms Inc., including raising about $1 billion from external investors to buy back the Chinese-founded AI operation.
Close Brothers accelerating cost cuts as motor finance bill mounts
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EasyJet boss says 'don't panic' over summer jet fuel supplies
EasyJet boss says 'don't panic' over summer jet fuel suppliesJust nowShareSaveAdd as preferred on GoogleNick EdserBusiness reporterReutersThe boss of EasyJet has said holidaymakers should not panic over whether flights will be affected by jet fuel supplies this summer. Kenton Jarvis told the BBC the airline had seen no issues with fuel supplies and that travellers could book with confidence.The Iran war has led to the effective blockade of the key Strait of Hormuz waterway, normally a key route...
China Warns EU of Retaliation as Bloc Mulls Tougher Trade Curbs
China will take countermeasures if the European Union presses ahead with new restrictions on Chinese imports, a Ministry of Commerce official said, as trade tensions between the two blocs continue to rise.
Rich already being taxed properly, says minister, as Streeting calls for ‘wealth tax that works’– UK politics live
Treasury’s Lucy Rigby says Rachel Reeves introduced measures in her first budget as Streeting calls for capital gains rates to be aligned with income taxGood morning. It’s a big day for Rachel Reeves, the chancellor. In a Commons statement, she is announcing a series of measures to help people with the cost of living. She wants people to enjoy a “Great British summer”, she says. Reeves’s plan for what makes for a good summer is not quite the same as Samantha Niblett’s; the chancellor is talking...
Elon Musk to become world's first trillionaire as SpaceX preps stock market debut
Elon Musk is on track to become the world's first-ever trillionaire as SpaceX prepares for its debut on the stock market.The aerospace and satellite firm has officially submitted paperwork for its initial public offering (IPO) with the company to begin trading on Nasdaq under the ticker SPCX on June 12.Market analysts anticipate the company, formally known as Space Exploration Technologies Corp., could command a valuation ranging from $1trillion (£745billion) to $2trillion (£1.49trillion).SpaceX...
India Seeks Information from Capital Group in Front-Running Case
India’s market regulator has sought information from Capital Group about trades by its entities in the local stock market that were flagged in a front-running case in early 2025, according to people familiar with the matter.
Chris Mason: Reeves' summer savings drive won't stretch to energy bills
Reeves' summer savings drive won't stretch to energy billsJust nowShareSaveAdd as preferred on GoogleChris MasonPolitical editorPA MediaIt sounds rather like the slogan from one of those breathless adverts for discounted sofas.The government is branding the announcements from the chancellor this week as the "Great British Summer Savings".Rachel Reeves wants to try to get across that she gets it: that for all the political noise and argument, the cost of living remains the number one issue for mi...
India Earnings at Risk as Oil Shock Hits Growth
J.P. Morgan is warning that India’s corporate earnings outlook faces rising risks from higher oil prices and prolonged Middle East tensions, with potential downside for equities and the rupee. The bank says elevated energy costs could pressure margins, weaken demand and force earnings downgrades if disruptions persist. The segment explores what this means for Indian markets, valuations and policy choices as the Reserve Bank of India balances currency stability against growth concerns. Rajiv Batr...