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Stocks Slump on OpenAI Report | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
'Oil company profits are rocketing through little effort on their part'
Producers certainly didn’t start the conflict, but they are sure as heck basking in the war dividend that it has created, says the Mirror's Business and Consumer Editor Graham Hiscott
Maui Fire Lawsuit Payouts Are Near. Few Survivors Will Break Even
NewsWorldAmericasMaui Fire Lawsuit Payouts Are Near. Few Survivors Will Break EvenHawaii resident Leslie Clark isn't counting on Maui wildfire settlement funds to rebuild her home in LahainaStewart Yerton Tuesday 28 April 2026 21:14 BSTBookmarkBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":false,"showBookmark":true,"articleId":"5a11caa00...
Will oil prices rise or fall in the months after UAE exits OPEC?
Dubai: The UAE’s decision to exit the Organization of the Petroleum Exporting Countries and the wider OPEC+ alliance from May 1, 2026, is raising questions over how global oil prices will respond, with analysts pointing to limited short-term impact but greater long-term uncertainty.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The move, announced via state news agency WAM, follows a review of production policy and capacity, with the UAE seeking greater flexi...
$3,000 CD vs. $3,000 high-yield savings account vs. $3,000 money market account: Here's which is most profitable now
MoneyWatch: Managing Your Money $3,000 CD vs. $3,000 high-yield savings account vs. $3,000 money market account: Here's which is most profitable 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 managing editor...
Morocco Maintains Price Controls and Supply Stability
Casablanca – Morocco’s government moved today to reassure markets as global tensions ripple through energy and food supply chains. Prime Minister Aziz Akhannouch chaired a ministerial meeting in Rabat to assess the fallout from the Middle East crisis, with officials saying energy stocks remain stable and that foreign currency reserves cover about six months of imports. Different departments presented updates on how the international situation is affecting key sectors, but authorities stressed th...
$25,000 home equity loan vs. $25,000 HELOC: Which will be cheaper this May?
MoneyWatch: Managing Your Money $25,000 home equity loan vs. $25,000 HELOC: Which will be cheaper this May? 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 managing editor for the Managing Your Money section for C...
Wholesale Used EV, Hybrid Values Rising Amid Record Gas Prices
InnovationTransportationWholesale Used EV, Hybrid Values Rising Amid Record Gas PricesByEd Garsten,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Ed Garsten is a metro Detroit-based reporter who covers autos/mobilityFollow AuthorApr 28, 2026, 03:24pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Electric Chevrolet Equinox SUVs on dealer lot in suburban Detroit. Ed GarstenThe aver...
Europe faces jet fuel shortage as Middle East supplies halt
Brussels: Europe is facing a critical risk of jet fuel shortages following the complete cessation of shipments from the Middle East this month. The disruption, triggered by the ongoing conflict and the closure of key shipping routes, comes at a precarious time as the aviation industry prepares for the peak summer travel season.Get updated faster and for FREE: Download the Gulf News app now - simply click here.Market data indicates that European jet fuel imports from the Middle East will vanish e...
Decision by the UAE to leave OPEC shakes up alliance that influences oil prices worldwide
The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produces some 40% of the world’s crude oil and exerts major influence over the price of energy around the globe
Energy prices expected to surge 24pc, reaching highest level since 2022 Russia-Ukraine war: World Bank assessment
ISLAMABAD: Energy prices are projected to surge by 24 per cent this year to their highest level since Russia’s invasion of Ukraine in 2022, as the war in the Middle East sends a severe shock through global commodity markets, the World Bank Group said in its latest Commodity Markets Outlook. Overall, commodity prices are forecast to rise 16pc in 2026, driven by soaring energy and fertiliser prices and record-high prices for several key metals, according to the assessment. “The shock will have s...
How the UAE’s decision to leave Opec could recast the Middle East
Defection is damaging to Saudi Arabia’s prestige – and could strengthen the US hand in the regionThe United Arab Emirates’ decision to walk out of Opec is a political as much as business decision, and will reignite the simmering rows between the UAE and Saudi Arabia – which had been covered up by their shared anger with Iran over its attacks on the Gulf states since the start of the US-Israel war on Tehran.In the short term, leaving the oil producing cartel it joined in 1967 gives the UAE the fr...
Kuwait restores 100% government staffing, normal hours resume
Dubai: Kuwait will restore full staffing across government entities from Sunday, 3 May, ending reduced attendance measures and returning public sector work to normal hours, including evening shifts, following a Cabinet directive issued on Tuesday.The decision, taken at a meeting chaired by Prime Minister Sheikh Ahmad Abdullah Al Ahmad Al Sabah, instructs the Civil Service Commission to begin implementing the move, marking a return to full operational capacity across ministries and governmen...
Superdry boss 'refused to go home from night of drinking', court hears
The co-founder of clothing firm Superdry who is accused of raping a woman refused to go home when he was put into a taxi after a night out drinking, a court heard.
Dr Sultan Al Jaber: UAE’s exit From OPEC and OPEC+ is a sovereign, long‑term strategic decision - Emirates 24|7
Dr Sultan Al Jaber: UAE’s exit From OPEC and OPEC+ is a sovereign, long‑term strategic decision Emirates 24|7
Shrinking Scotland! Population set to plummet as migration slows
Scotland's population is set to fall earlier than expected as migration drops from record highs, statisticians have said.
UAE exit from OPEC carries significant weight in global oil markets - Emirates 24|7
UAE exit from OPEC carries significant weight in global oil markets Emirates 24|7
TD Securities’ Nixon Leaves for National Bank Fixed Income Sales
Katy Nixon, a director in debt capital markets syndication at TD Securities, is leaving the bank for a fixed income sales role at National Bank of Canada, according to a spokesperson at National Bank.
Canada Launches Sovereign Wealth Fund for Major Projects
Canada will create its first sovereign wealth fund to provide financing for large infrastructure projects and domestic companies, Prime Minister Mark Carney said, pledging to offer Canadian investors the opportunity to buy in. The new vehicle, dubbed the Canada Strong Fund, will be seeded with C$25 billion ($18.4 billion) from the federal government, Carney announced Monday in Ottawa. It will be professionally managed and independent of the government, meant to “invest alongside the private sec...
Treasury Moves To Require More Reporting And Paperwork From Tax-Exempts
MoneyTaxesEditors' PickTreasury Moves To Require More Reporting And Paperwork From Tax-ExemptsIRS plans to revise Form 990 to better “detect misconduct.” The move comes just days after the Trump DOJ brought controversial criminal charges against the Southern Poverty Law Center. ByKelly Phillips Erb,Senior Writer. Kelly Phillips Erb is a Forbes senior writer who covers tax.Follow AuthorApr 28, 2026, 02:37pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice exper...