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The Latest Iran War Price Shockwave? Condoms.
BreakingBusinessThe Latest Iran War Price Shockwave? Condoms.ByAsia Alexander,Fellow. Asia Alexander is a editorial fellow at Forbes on the Wealth team. Follow AuthorApr 21, 2026, 03:28pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineIt’s not just gas prices climbing amid the Iran war—surging condom demand and mounting supply chain strain have pushed Karex, the world’s biggest condom manufacturer, to potentially h...
Warsh faces pressure on Fed independence, assets in Senate grilling
Senators grilled Kevin Warsh, President Trump’s pick to lead the Federal Reserve, on Tuesday over the central bank’s independence and his plans to divest his financial assets amid the push to confirm Fed Chair Jerome Powell’s replacement. Warsh argued that “independence is up to the Fed” and defended his ethics agreement with the administration during…
GOP Armed Services chair warns ending mandatory military flu shots ‘a mistake’
Senate Armed Services Committee Chairman Roger Wicker (R-Miss.) said the Pentagon’s policy change to no longer require all U.S. troops to get flu shots is a “mistake,” drawing a contrast between flu vaccines and more controversial COVID-19 vaccines. “I think it’s a mistake,” Wicker told reporters Tuesday when asked about Defense Secretary Pete Hegseth’s announcement…
Considering a money market account now? Here are the types of savers who can benefit.
MoneyWatch: Managing Your Money Considering a money market account now? Here are the types of savers who can benefit. 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 sec...
Russian companies keep interest in energy projects in Libya
Energy Minister Sergey Tsivilyov and Transport Minister of Libya Mohammed Al-Shahoubi affirmed the mutual intent to resume the full-fledged work of the intergovernmental commission as soon as possible
DHS will run out of money for salaries in early May: Mullin
Department of Homeland Security (DHS) Secretary Markwayne Mullin warned on Tuesday that his department will be unable to pay out employee salaries starting in early May amid the ongoing partial government shutdown. The lapse in funding, which impacts DHS’s 22 agencies, has now stretched for a record 66 days. “Fortunately, what President Trump did through…
Warsh Says Fed ‘Must Stay in Its Lane’
Bloomberg's Mike McKee detailed changes to the Federal Reserve that fed chair nominee Kevin Warsh revealed in his confirmation hearing Tuesday, saying that Warsh may want to change or eliminate economic guidance. Warsh told Senators that he is not a fan of the Fed's forward guidance and feels that it sticks to it too closely. Warsh also indicated that he would aim to hem in federal reserve members speaking out ahead of rate decisions. (Source: Bloomberg)
Top Oil Traders Say Billion-Barrel Shock to Echo Long After War
The impact of the Iran war will continue for months even after any deal to restore shipping through the Strait of Hormuz, the world’s largest oil traders have warned. Some said flows through the waterway may never return to normal.
Higher fares could slam flight passengers to popular region as airlines shift costs: 'Not a fan'
Travelers flying to, from and within Europe could soon see major changes to baggage fees, as lawmakers consider requiring airlines to include carry-on bags in ticket prices. The controversial move could potentially drive up costs for travelers going forward.The European Parliament has proposed rules that would guarantee passengers one free personal item and one standard carry-on bag — a move that could significantly impact how airlines price flights, travel blog "View from the Wing" reported.FIN...
New ATM rules regarding free transactions and charges announced
BusinessNew ATM rules regarding free transactions and charges announcedBy Web Desk-Apr 21, 2026NEW DELHI: India unveiled new rules for bank customers using ATM machines for transactions across the country. The central bank of India has outlined updated limits on free usage, cash handling, and additional banking charges. Free transactions and charges for Metro Cities Under the revised guidelines, customers in metro cities will be entitled to three free ATM transactions per month. These include bo...
حداقل دستمزد کارگران ۶۰ درصد افزایش یافت اما قدرت خریدشان به دلار ۱۷ درصد کم شد
شورای عالی کار حداقل دستمزد روزانه کارگران در سال جاری را ۵۵۴ هزار تومان و حداقل دستمزد ماهانه را ۱۶ میلیون و ۲۵۵ هزار تومان اعلام کرد. هرچند این رقمها نسبت به سال گذشته ۶۰ درصد افزایش نشان میدهد، اما قدرت خرید کارگران به دلار در قیاس با سال گذشته حدود ۱۷ درصد کاهش یافته است.
Warsh Pledges Independence But Dodges Questions on Rates
Kevin Warsh repeatedly pledged to act independently if he’s confirmed as the next Federal Reserve chair, rejecting Democratic concerns he would be a “sock puppet” for President Donald Trump, who continues to demand lower interest rates. (Source: Bloomberg)
India must pursue energy independence; fuel price cushion won't last: Gita Gopinath
India must pursue energy independence fuel price cushion wont last Gita Gopinath
Deutsche Telekom Weighs Full Combination With T-Mobile
Deutsche Telekom AG is considering a full combination with its American arm T-Mobile US Inc., a move that would create a multinational telecom group and rank as the largest-ever public M&A deal, people with knowledge of the matter said.
Early takeaways from Kevin Warsh's Fed chair confirmation hearing
Kevin Warsh, President Trump's nomination for chair of the Federal Reserve, told senators Tuesday that the central bank would remain "strictly independent." CBS News' Taurean Small reports on the hearing.
Kevin Warsh, Trump’s pick for Fed chief, calls for ‘regime change’ at US central bank
Federal Reserve chief nominee Kevin Warsh called for “regime change” at the US central bank, including a new approach for controlling inflation and a communications overhaul that may discourage his colleagues from saying too much about the direction of monetary policy. Warsh’s comments during his confirmation hearing before the Senate Banking Committee left key questions about his nomination unresolved. Republican Senator Thom Tillis used his full time to explain why he would not vote for the....
Airlines demand UK relax noise rules and cut flight tax as fuel shortage looms
Ministers also asked to alter compensation rights and suspend emissions trading scheme amid Middle East warAirlines are lobbying the UK government to relax environmental and noise rules, modify passenger rights and cut taxes on flying, as they prepare for higher costs and a possible shortage of jet fuel because of the war in the Middle East.A list of policy requests submitted to ministers and the aviation regulator includes suspending the emissions trading scheme and relaxing limits on night fli...
How fast can debt relief stop collections after you enroll?
MoneyWatch: Managing Your Money How fast can debt relief stop collections after you enroll? 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 Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes an...
Oil prices climb 3% after Trump says he does not want to extend Iran ceasefire
BusinessOil prices climb 3% after Trump says he does not want to extend Iran ceasefireBy Reuters -Apr 21, 2026NEW YORK: Oil prices climbed about 3% on Tuesday after U.S. President Donald Trump said he did not want to extend a soon-to-expire ceasefire in the Iran war and that the U.S. military was “raring to go” if negotiations do not succeed. Brent futures rose $2.48, or 2.6%, to $97.96 a barrel at 11:58 a.m. EDT (1558 GMT), while U.S. West Texas Intermediate (WTI) crude delivery rose $3.54, o...
Exchange Office Launches Structural Overhaul to Boost Efficiency, Transparency
Agadir – Morocco’s Exchange Office has launched a new structural transformation of its institution as part of its 2025–2029 strategy and in line with rapid changes in the operational environment, aiming to modernize methods of conducting regulatory decisions and supervisory missions. “In line with its 2025-2029 strategy and in response to a rapidly evolving environment, the Office des Changes is undertaking a major transformation of its organization, reflecting an evolution in the way it d...