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Just What Exactly Do Conservatives Think Inflation Is?
BusinessPolicyJust What Exactly Do Conservatives Think Inflation Is?ByJohn Tamny,Contributor.Follow AuthorMay 17, 2026, 10:00am EDT100 US dollar banknotes symbols of the global economy spread out on a table in Clermont-Ferrand France on June 12 2025. (Photo by Romain Costaseca / Hans Lucas via AFP) (Photo by ROMAIN COSTASECA/Hans Lucas/AFP via Getty Images)Hans Lucas/AFP via Getty ImagesJust as the left captured the formerly laudatory descriptor of “liberal,” economists have stolen “inflation.”...
National Gas Prices Near Record High
For decades — coincidentally, at least since the Iranian Revolution and hostage crisis of 1979-80 — the price at the pump has been a crucial lens through which Americans judge a president’s success or failure. In this conflict, the impact on gasoline prices matters more to individual Americans than the broader military campaign, the removal of Iran’s enriched uranium, or sending in ground troops. Bloomberg News Senior US Oil Reporter Kevin Crowley tells Christina Ruffini and David Gura this morn...
Shutdown of US’s largest commuter rail system enters second day amid strike
Disruption of Long Island Rail Road continues into second day after workers went on strike as Monday rush hour loomsThe shutdown of the Long Island Rail Road, North America’s largest commuter rail system, continued into a second day on Sunday after unionized workers went on strike for the first time in three decades a day earlier.The railroad, which serves New York City and its eastern suburbs, ceased operations just after midnight Friday after five unions representing about half its workforce w...
Etihad Credit Bureau launches ‘Tenant Inquiry’ service using UAE PASS - Emirates 24|7
Etihad Credit Bureau launches ‘Tenant Inquiry’ service using UAE PASS Emirates 24|7
Trading While the Global Economy Shifts
Financial Times columnist and coauthor of the new book "How to Win a Trade War" Soumaya Keynes joined Bloomberg This Weekend to discuss the evolving nature of global trade conflicts. Keynes suggests to hosts David Gura and Christina Ruffini that rather than trying to "win" a trade war, the goal should be to minimize economic damage. (Source: Bloomberg)
ASEAN Energy Crisis: From Fossil Frailty To Infrastructure Prowess
BusinessEnergyASEAN Energy Crisis: From Fossil Frailty To Infrastructure ProwessByKen Silverstein,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Ken Silverstein analyzes the Energy Transition, AI and GeopoliticsFollow AuthorMay 17, 2026, 08:45am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.CEBU, PHILIPPINES - MAY 08: (L-R) Myanmar Permanent Secretary of the Ministry of Foreign A...
Booming U.S. LNG Export Industry Gets Another Boost In Louisiana
BusinessEnergyBooming U.S. LNG Export Industry Gets Another Boost In LouisianaByDavid Blackmon,Senior Contributor.Forbes contributors publish independent expert analyses and insights. David Blackmon is a Texas-based public policy analyst/consultant.Follow AuthorMay 17, 2026, 08:22am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Chris Wright, US energy secretary, speaks at the expected site of Commonwealth LNG in Cameron,...
Thames Water investors say temporary nationalisation would slow its recovery
Comments come after Andy Burnham says he would renationalise water and other businesses as PMInvestors in Thames Water have told the Labour government that a temporary nationalisation of the embattled company would slow its turnaround, after calls from Andy Burnham to put key utilities under public control.As Keir Starmer’s grip on power appeared to be fading, the Greater Manchester mayor suggested at the weekend that the renationalisation of water and energy would form part of his policy agenda...
UAE landlords can now check tenants’ credit scores through UAE PASS
Dubai: Private landlords in the UAE can now request the credit scores of prospective tenants through a new digital screening service launched by Etihad Credit Bureau in collaboration with UAE PASS.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The new “Tenant Screening” solution allows landlords to access a tenant’s credit score only after the tenant gives approval through UAE PASS, the country’s national digital identity platform.The service is now available...
Emerging Carry Trade Rebounds With Real, Rand Among Favorites
The emerging-market carry trade has bounced back from its Iran war losses as surging crude oil prices reinforce expectations that interest rates will stay elevated and bolster the currencies of commodity exporters.
Becky Hill’s 'disgraceful' comments and book ambitions unraveled Alex Murdaugh's murder conviction: Docs
The South Carolina Supreme Court wiped away Alex Murdaugh’s double-murder conviction on May 13, ruling unanimously that the trial was irredeemably tainted by the conduct of Colleton County Clerk of Court Rebecca "Becky" Hill.Last week, the South Carolina Supreme Court delivered an account of how Hill’s conduct during the 2023 double-murder trial crossed ethical and constitutional lines, ultimately unraveling the state’s conviction of Murdaugh."Both the State and Murdaugh's defense skillfully pre...
Save up to 51% off during Patagonia’s secret online sal
SelectPatagonia is practically giving away these runners’ favorites and more, with items up to 51% offThink UPF leggings, relaxed tees, breathable hats and more.May 17, 2026, 7:00 AM EDTBethany HeitmanContributing EditorSkip to table of contentsRight now, Patagonia has over 1,000 items marked down.PatagoniaAs the weather warms, it’s a good time to take your workouts outside. And that means you’ll need gear that’s suited to help you face the elements. Patagonia is here to help. Right now, their s...
Millions of drivers would become most-taxed in Europe under Chancellor Rachel Reeves' fuel tax raid, bombshell analysis shows, sparking fresh calls for her to ditch her planned fuel duty hike
Millions of drivers would become most-taxed in Europe under Chancellor Rachel Reeves’ fuel tax raid, bombshell analysis shows, sparking fresh calls for her to ditch her planned fuel duty hikeBy DAVID CHURCHILL Published: 11:51, 17 May 2026 | Updated: 11:51, 17 May 2026 e-mail View comments
Eight postcodes named among lucky winners in jackpot lottery draw
Residents across the North East have scooped prizes in this week's People's Postcode Lottery draws, with eight postcodes each securing £1,000 wins.Lucky ticket holders in Middlesbrough and Redcar were among those celebrating, alongside winners in two Sunderland postcodes and one in Newcastle.Further north, players in Cramlington and Bedlington also received the cash boost.The winning postcodes extended to Filey on the Yorkshire coast, completing the list of fortunate participants in the daily dr...
Workers racing to turn reflecting pool blue for Trump may be at risk, union warns
Union representative concerned about safety as workers rush to finish repainting DC pool before 250th celebrationsWorkers renovating one of Washington DC’s most historically symbolic sites in a project ordered by Donald Trump may be risking their safety as they race to finish on time for the US’s 250th anniversary celebrations, a union monitoring the site has warned.Trade union scrutiny has focused on the reflecting pool on the US capital’s National Mall – scene of Martin Luther King’s 1963 “I h...
Your tumble dryer is costing you more and more money – here’s how to save
One of the nice things about spring, if you’re lucky enough to have a garden, is that you can start hanging out the washing again. And the cost benefits of the washing line are even greater this year, as the war in Iran is pushing up the price of tumble-drying – along with just about everything else. At current electricity prices, traditional tumble dryers currently cost an average of £130 a year to run, based on a typical household washing three loads a week, according to Which?. That expense...
'Vicious circle of rising costs is fuelling crisis for traders'
"Dried apricots 12 months ago were £35 for a 12kg box, now they're £100 a box," says cheesemonger.
India scrambles to steady rupee as oil shock bites
India is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten to disrupt the world’s fastest-growing major economy. The currency has dropped more than 5 per cent since the crisis erupted in February, extending losses from 2025 and making it Asia’s worst-performing major currency in 2026 so far. It hit a record low of over 96 to the dollar on Friday, prompting officials to signal that halting further depreciation is a key macroeconomic priority....
How a former casino worker went from dealing cards to closing £6million business deals: 'Luck is not random!'
Growing up in post-communist Warsaw, Karolina Pelc had never heard the word "founder": the title given to the visionary who establishes a new business. Starting a company wasn't presented as a real option.By her early forties, Ms Pelc had done exactly that. The founder built BeyondPlay, a B2B gaming software company, from scratch, raising over €7million (£6.1million) in funding, and selling the business in under three years to FanDuel and Flutter Entertainment.The journey from Warsaw to that acq...
How a CEO and Trump donor is weaponizing tariffs against his rivals
Deep Dive Business How a CEO and Trump donor is weaponizing tariffs against his rivals May 17, 20265:00 AM ET By Maria Aspan Cambria CEO Marty Davis speaks on the job site of the countertop company's new $80 million quartz processing plant and rail center in Randolph, Minn., on August 13, 2025. (Photo by The Minnesota Star Tribune via Getty Images) Richard Tsong-Taatarii/Star Tribune via Getty Images/The Minnesota Star Tribune via Getty Images hide caption toggle caption Richard Tsong-Taatarii/...