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US adds stronger-than-expected 115,000 jobs in April despite Iran war impact

US employers added a robust 115,000 jobs in April, surpassing expectations despite global economic uncertainty from the Iran conflict. The unemployment rate held steady at 4.3%. Healthcare and transportation sectors saw significant hiring, while manufacturing experienced job cuts. This resilient labor market suggests the Federal Reserve may hold off on interest rate cuts as inflation remains a concern.

Apollo, Blackstone Weigh $35 Billion Financing for Broadcom

Apollo Global Management Inc. and Blackstone Inc. are among private credit lenders involved in talks with chipmaker Broadcom Inc. over a roughly $35 billion financing, the latest indication that companies are mobilizing all sources of capital to fund the AI build-out.

Administration eyeing $400M settlement from TikTok for DC 'beautification': Sources

The administration is nearing a $400 million TikTok settlement over alleged children's privacy violations, which would fund D.C. "beautification" projects, sources say.

How India kept petrol prices steady amid the West Asia oil shock

How India kept petrol prices steady amid the West Asia oil shock

Ghana’s Credit Rating Upgraded by Fitch on Improved Finances

Fitch Ratings upgraded Ghana’s sovereign credit rating on the government’s improved fiscal management and increased foreign reserves, even as the war in the Middle East threatens to derail the nation’s economic recovery.

Reform UK gains at Labour’s expense in local elections – podcast

It has been a crushing set of local and devolved elections for Labour, with Reform UK making huge gains across the country and the Greens winning in London. Keir Starmer is under pressure to announce a timeline for his departure – yet he insists he will not walk away Continue reading...

Car finance payouts hang in the balance ahead of legal battle

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OnlyFans Valued at $3.15 Billion in Deal to Sell Minority Stake to Architect Capital

The parent company of OnlyFans, the porn-friendly creator site that rakes in billions of dollars in annual revenue, has sold a 16% stake to Architect Capital for $535 million. The deal announced by U.K.-based Fenix International Ltd., owner and operator of OnlyFans, gives the company a $3.15 billion valuation. The deal comes after the death […]

Jobs Surge As AI Stocks Wobble | Open Interest 5/8/2026

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Jobs jump, Hormuz tensions rise, and CoreWeave exposes the pressure behind the AI boom. Rick Rieder says stocks aren’t in a bubble, Joanne Hsu explains why consumers are still gloomy, Kevin Hassett rejects Treasury default talk, and top CEOs break down AI, giving, cyber, recycling, and the market rally. (Source: Bloomberg)

IMF's Executive Board approves $1.2 billion financing for Pakistan's reform programme

WASHINGTON: The International Monetary Fund’s (IMF) Executive Board on Friday approved the latest review of Pakistan’s reform programme, paving the way for the release of $1.2 billion in financing under the ongoing arrangements. In Islamabad, Finance Minister Muhammad Aurangzeb also confirmed the approval following the Board meeting in Washington, saying the decision reflects Pakistan’s continued progress on difficult but necessary economic reforms. The disbursement includes around $1 billion un...

TTV Dhinakaran of AMMK meets Governor, seeks invite for AIADMK govt

TTV Dhinakaran of AMMK meets Governor seeks invite for AIADMK govt

Venezuela’s Faulty Power Grid Risks Derailing Economic Comeback

Venezuela announced emergency measures to stabilize its power grid after electricity consumption hit a nine-year high this week, reviving memories of blackouts and rationing that once crippled the economy.

Bradesco BBI Sees Brazil IPO Rebound After Compass Debut

The successful initial public offering of Compass Gas e Energia SA, the first in Brazil in nearly five years, means the country’s equity capital markets have now reopened even as global volatility keeps a cap on the pace of new deals, according to Banco Bradesco BBI.

Labour paid £380m to stop Jaguar Land Rover leaving UK as fears of 33,000 job insecurity prompted action

Jaguar Land Rover could have moved car production out of Britain and cut thousands of jobs if the Government had not handed over a £380million subsidy for a new battery factory, according to newly released documents. Papers published by the Competition and Markets Authority revealed officials feared the UK car industry would be badly damaged if the deal collapsed. The Government announced the funding earlier this month for Agratas, Tata's battery business, which is building a huge electric vehic...

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ECB Is ‘Highly Vigilant’ to Rising Inflation Risks, Nagel Says

The European Central Bank is “highly vigilant” to rising inflation risks due to the Iran war and will act as needed to prevent higher energy costs spilling over into prices more broadly, Governing Council member Joachim Nagel said.

$100,000 CD vs. $100,000 high-yield savings account vs. $100,000 money market account: Here's which will earn more interest now

MoneyWatch: Managing Your Money $100,000 CD vs. $100,000 high-yield savings account vs. $100,000 money market account: Here's which will earn more interest now We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior manag...

London stocks drift lower as Middle East tension simmers

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UK borrowing costs fall and pound rises as Starmer says he will remain as PM

Bond yields drop as market fears ease that Labour leader will be replaced by a more leftwing rival Elections 2026 – live updatesBusiness live – latest updatesUK government borrowing costs fell and the pound rose on Friday as Keir Starmer vowed to remain as prime minister despite the Labour party losing hundreds of council seats across England.Investors calculated that some of the intense pressure on Starmer’s leadership had eased, as Labour appeared on track for a smaller losses than election ex...

Scams Are Booming. The Latest Numbers, And How To Protect Yourself

MoneyTaxesEditors' PickScams Are Booming. The Latest Numbers, And How To Protect YourselfAccording to the FTC, fraud losses hit $15.9 billion in 2025. Imposter scams led in sheer number of reports, but investment scams caused the steepest financial damage.ByKelly Phillips Erb,Senior Writer. Kelly Phillips Erb is a Forbes senior writer who covers tax.Follow AuthorMay 08, 2026, 11:53am EDT@font-face{font-family: "Schnyder"; src: url("https://i.forbesimg.com/assets/fonts/schnyders/schnyders-bo...