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Live Nation Posts Overall Growth in First Quarter Despite $450 Million Hit Due to Department of Justice Settlement and Litigation
Live Nation posted overall growth in its first quarter of the year with $3.79 billion in revenue despite taking a $450 million hit due to the legal costs associated with its Department of Justice settlement and litigation with the states. The company revealed the $450 million figure in its Q1 2026 earnings report, upping the […]
Oil prices tumble as risk sentiment shifts, key benchmarks drop sharply
Global oil prices slid sharply on Wednesday (May 6), with major crude benchmarks falling more than 3% as traders weighed easing market fears and profit-taking ahead of the weekend.At about 7:08 am Tokyo time, US WTI crude futures were trading around $102.27 a barrel, down $3.91, or 3.7%, while Brent crude slipped to $110.29, a loss of $4.15, or 3.6%, according to OilPrice.org. Both benchmarks have been sensitive to shifting global economic and ge...
Asian Stocks to Track US Gains on Truce Optimism: Markets Wrap
Stocks in Asia are set to follow Wall Street higher, while oil steadied after its biggest drop in two weeks, as signs that a ceasefire in the Middle East is holding eased fears of a broader conflict that could threaten the global economy.
Rubio insists US is ‘very fortunate’ as Iran war pushes gas price near $4.50
US secretary of state says US is better off than other countries hit by disruption in oil suppliesMarco Rubio has argued the US is in a “very fortunate” position as fuel prices continue to climb nationwide amid disruption sparked by the US-Israel war on Iran.With average US fuel prices now approaching $4.50 a gallon – their highest level in four years – the US secretary of state was asked on Tuesday how long Americans should accept them at such levels. Continue reading...
UK government borrowing costs hit 28-year high as investors spooked by fear of Labour lurch to the Left
UK government borrowing costs hit 28-year high as investors spooked by fear of Labour lurch to the LeftBy JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR Updated: 22:47, 5 May 2026 e-mail 33 View comments
'I have to make my own dog food' - voters counting living costs on eve of election
'I have to make my own dog food' - voters counting living costs on eve of electionJust nowShareSaveAdd as preferred on GoogleFelicity EvansWales money editorBBCAs well as making her own dog food for Luna, India Lerigo batch cooks a month's worth of meals over one weekend for herselfRising living costs has led one woman to make her own dog food in order to save money.India Lerigo, who works in Cardiff, said she saves about £100 a month making food for her Staffy, Luna, who needs ex...
The 10 British towns and cities most affected by rising energy costs
NewsUKHome NewsThe 10 British towns and cities most affected by rising energy costsThe price of energy has risen since as a result of the war in Iran and the closure of the Strait of HormuzDan Haygarth Tuesday 05 May 2026 22:38 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"artic...
Argentina Upgraded by Fitch on Milei’s Economic Overhaul
Argentina’s credit score was upgraded by Fitch Ratings, signaling growing confidence in President Javier Milei’s push to overhaul the economy and secure financing to cover the country’s upcoming debt obligations.
Inside Roger and Mirka Federer’s $1.1 Billion Net Worth: Tennis’ First Billionaire
Roger Federer and Mirka Federer’s combined net worth in 2026 is around $1.1 billion or more, based on Forbes. Most of this wealth comes from brand deals, business moves, and Federer’s On investment. Mirka played a key role in managing his career. Their success shows how smart planning beyond sports can build long-term financial strength.
Homan: "Things weren't perfect" in Minneapolis, but ICE not backing down
Exclusive Politics Tom Homan: "Things weren't perfect" in Minneapolis crackdown, but ICE not backing down on mass deportations By Camilo Montoya-Galvez Camilo Montoya-Galvez Immigration Correspondent Camilo Montoya-Galvez is the Immigration Correspondent at CBS News, where his reporting is featured across multiple programs and platforms, including national broadcast shows, CBS News 24/7, CBSNews.com and the organization's social media accounts. Read Full Bio Camilo Montoya-Galvez May 5, 2026 / 5...
As crypto cools, a16zcrypto raises a $2.2B fund
In a blog post that lays out a vision for crypto’s future, ranging from a “new financial system” to warnings about “opaque” AI, a16zcrypto announced a new $2.2 billion fund. This is the VC firm’s fifth fund and brings the total raised to date to $9.8 billion, it says. In addition, the fund also promoted its CTO, Eddy Lazzarin, to General Partner, bringing the GP investing team to four people. Lazzarin joins Chris Dixon, Ali Yahya, and Guy Wuollet. The fund has...
Prudential Profit Rises Even as Firm Grapples With Japan Pause
Prudential Financial Inc.’s first-quarter profit beat Wall Street’s expectations, relieving pressure on Chief Executive Officer Andy Sullivan as he contends with a sales pause in one of its biggest markets.
Australia news live: banks pass on interest rate hike to customers; Sydney ‘globalise the intifada’ forum held in park
Lenders increase borrowing rates by 0.25%; pro-Palestine meeting barred from council venue goes ahead outside in Darlington. Follow updates liveGet our breaking news email, free app or daily news podcastGood morning and welcome to our live news blog. I’m Martin Farrer with the top overnight stories and then Nick Visser will be your guide.The “globalise the intifada” forum banned from taking place in a council venue on Monday night went ahead last night in a park in Sydney where participants disc...
End Quarterly Earnings Reports? Here’s the Debate
For more than 50 years, public companies in the US have been required to report earnings on a quarterly basis. That would change if a proposal by regulators allowing twice-yearly financial disclosures is adopted.
Israel kills one boy, injures officers in strike on Gaza police station
A 15-year-old boy, Mahmoud Sahweil, was killed when Israel struck a Gaza police station.
Vietnam’s economic miracle: How the Asean powerhouse became the world’s new manufacturing magnet
Manila: Vietnam (population: 102 million) has cemented its status as Southeast Asia’s most dynamic economic powerhouse.It has shattered regional growth records and emerged as a growing global global manufacturing, trade, and tourism. How it got here, from being known as the source of "boat people" (refugees fleeing by sea) is nothing sort of a miracle.A view of Ho Chi Minh City. With a remarkable 8.2% GDP growth in 2025 — a performance that outpaced all Asean peers — the nation is rapidly transi...
HMRC issues £100 tax fines with specific group of workers most at risk
Self-employed workers on lower incomes are significantly more likely to miss the self-assessment deadline and incur automatic £100 fines, new figures from HM Revenue and Customs (HMRC) show.Data released on Tuesday highlights a clear divide between income groups when it comes to meeting the January 31 filing cutoff.The statistics, obtained by PensionBee through a freedom of information request, indicate those earning the least face the highest risk of penalties.During the 2023 to 2024 tax year,...
Hackney fire live: Massive London blaze as crews swarm scene and smoke fills sky
Pictures and video shared online of the east London skyline show a column of dark smoke rising into the sky as firefighters descend on the source of the blaze
ASML CEO Christophe Fouquet: No one is coming for us
Christophe Fouquet, who became ASML's CEO in 2024 after more than a decade at the company, sat down with this editor on the rooftop deck of his Beverly Hills hotel Tuesday morning ahead of his appearance at the Milken Institute Global Conference. Dressed in a blue suit and white shirt, he was relaxed — even when the conversation turned to the rivals.
Volkswagen becomes Rivian’s top shareholder, displacing Amazon
Volkswagen has pushed Amazon out of the top spot to become Rivian’s largest shareholder, new filings with the U.S. Securities and Exchange Commission show. VW Group’s increasing equity stake in Rivian, which has grown from 8.6% to 15.9% in less than two years, is tied to a joint venture with the EV startup. The Rivian and Volkswagen Group Technologies joint venture — officially formed in November 2024 — is focused on the development of electrical architecture and software.