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US received 6,000 applications for air traffic control roles, transportation secretary says
InternationalUS received 6,000 applications for air traffic control roles, transportation secretary saysBy Reuters -Apr 17, 2026The U.S. Federal Aviation Administration received 6,000 applications for air traffic control roles in the last 12 hours, Transportation Secretary Sean Duffy said on Friday. The FAA opened applications for air traffic controller positions overnight, Duffy said at the Semafor World Economy gathering in Washington. The U.S. air traffic control system in the U.S. is...
UAE Dirham to Pakistani Rupee Rate Today – April 17, 2026
BusinessPakistanUAE Dirham to Pakistani Rupee Rate Today – April 17, 2026By Web Desk-Apr 17, 2026Dubai / Karachi, April 17, 2026 – The UAE Dirham (AED) is trading at 76.06 Pakistani Rupees in the open market today, showing only minimal movement from recent levels. The pair continues to hover comfortably within the narrow 76.00–76.50 PKR range that has been the dominant trading zone for the past several months, offering the kind of predictability that Pakistani expatriates and their families have...
Hedge Funds’ Treasury Bets Risk Market Shock, Apollo’s Slok Warns
A buildup of leveraged hedge fund bets in Treasuries has left investors exposed to abrupt position shifts that could amplify stress across global bond markets, according to Apollo Global Management Chief Economist Torsten Slok.
How much interest can a $10,000 CD account earn now vs. April 2025?
MoneyWatch: Managing Your Money How much interest can a $10,000 CD account earn now vs. April 2025? 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 CBSNews.c...
Saudi Riyal to Pakistani Rupee Rate Today – April 17, 2026
BusinessPakistanSaudi Riyal to Pakistani Rupee Rate Today – April 17, 2026By Web Desk-Apr 17, 2026KARACHI, April 17, 2026: The Saudi Riyal (SAR) is trading at Rs74.42 against the Pakistani Rupee (PKR) in today’s open market, according to leading currency dealers in Karachi. The selling rate remains around Rs74.99. The pair continues to stay firmly locked in the same exceptionally narrow, low-volatility channel it entered in early January 2026 — now stretching well beyond twelve weeks of remarka...
Stock Rally, Oil Drops on Hormuz Hope | Open Interest 4/17/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Oil slides again as markets react to signals the Strait of Hormuz is open. Netflix disappoints investors as Reed Hastings steps down after nearly three decades. And Anthropic’s CEO heads to the White House as AI tensions cool. Oklo CEO Jake DeWitte explains why nuclear power could fuel the future of space. Brian Kelly reveals why airfare keeps climbing as perks disappear. And Seana Smith shows w...
Strait of Hormuz Tensions Show Why Crypto Thrives in Times of Crisis
Casablanca – Iran’s reported plan to charge oil tankers in cryptocurrency for passage through the Strait of Hormuz is doing more than rattling shipping markets. It is once again putting a spotlight on when crypto actually gets used and why. For years, bitcoin has been pitched as a form of everyday money. In reality, most of its activity still revolves around trading. Yet moments like this show a different pattern, as crypto tends to surface not in stable economies, but in crisis. Iranian authori...
Kenyan outsourcing company for Meta sacks more than 1,000 workers
Social media corporation terminated Sama contract after allegations its staff viewed private scenes filmed by Meta’s Ray-Ban smartglassesMore than 1,000 low-paid workers in Kenya have been abruptly sacked by an outsourcing company for the US social media corporation Meta, in what activists said was a “shocking” move exposing the precariousness of global south tech workers.Sama, a company based in Nairobi to which Meta outsourced content moderation and AI training work, announced on Thursday that...
Daly Says Fed Policy Is in a 'Very Good Place' Right Now
Federal Reserve Bank of San Francisco President Mary Daly says leaving rates unchanged would still restrain inflation and both long- and medium-term inflation expectations are well-anchored during remarks at UC Berkeley. (Source: Bloomberg)
Govt slashes diesel price by Rs32
The government on Friday reduced the price of diesel by Rs32.12, according to a statement issued by the Prime Minister’s Office (PMO). The statement said that Prime Minister Shehbaz Sharif had decided to provide relief to the nation and approved a reduction of Rs32.12 in the price of diesel. “After the approval, the price of diesel has decreased from Rs385.54 to Rs353.43,” the statement said. “The effects of the reduction in oil prices will be conveyed to the public as soon as possible,” the pre...
Supreme court sides with oil and gas firms in Louisiana coastal damage fight
8-0 ruling gives companies new day in federal court after firms including Chevron ordered to pay millions for cleanupThe supreme court handed a win Friday to oil and gas companies fighting lawsuits over coastal land loss and environmental degradation in Louisiana.The 8-0 procedural decision gives the companies a new day in federal court after a state jury ordered Chevron to pay upward of $740m to clean up damage to the state’s coastline, one of multiple similar lawsuits. Continue reading...
Hormuz opening lifts deal prospects
Iranian Foreign Minister Abbas Araqchi said on Friday the Strait of Hormuz was open following a ceasefire agreement in Lebanon, while US President Donald Trump said talks could take place this weekend and he believed a deal to end the Iran war would come "soon". Araghchi said in a post on X the strait was open for all commercial vessels for the remainder of the US-brokered 10-day truce that was agreed on Thursday between Israel and Lebanon to halt fighting between Israeli forces and I...
Diesel Price Slashed in Pakistan- April 17, 2026
BusinessPakistanDiesel Price Slashed in Pakistan- April 17, 2026By Web Desk-Apr 17, 2026ISLAMABAD: Prime Minister Shehbaz Sharif has approved decreasing the diesel price by Rs 32.12, ARY News reported. After the reduction, the new diesel price declined to Rs 353.43 per litre. On the other hand, the premier, Shehbaz Sharif said that we will soon transfer the impact of the lowering of the oil prices to the masses.
Silver Rate in Pakistan Today- April 17, 2026
BusinessPakistanSilver Rate in Pakistan Today- April 17, 2026By Web Desk-Apr 17, 2026Karachi, April 17, 2026 – Silver prices in Pakistan have shown firm upward momentum today, with the chandi ka rate at Rs. 8,321 per tola—demonstrating sustained strength driven by international precious metals trends and active local demand. This performance continues the recent positive pattern, as silver remains highly responsive to global market signals and safe-haven buying interest. Current local rates stan...
Is the Iran war about to empty your supermarket shelves and cancel your summer holiday?
Is the Iran war about to empty your supermarket shelves and cancel your summer holiday
Oil price plummets as Iran declares Hormuz open
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Indian refiners pay for Iran oil in yuan via ICICI Bank, sources say
InternationalIndian refiners pay for Iran oil in yuan via ICICI Bank, sources sayBy Reuters -Apr 17, 2026Indian refiners are settling payments for rare cargoes of Iranian oil purchased under a temporary U.S. sanctions waiver using Chinese yuan through Mumbai-based ICICI Bank, four sources with knowledge of the matter said. Last month, Washington unveiled 30-day waivers on U.S. sanctions for the purchase of Russian and Iranian oil at sea in an attempt to ease prices that were driven up by the U...
UAE President, Sheikh Hamad conduct inspection of Fujairah port, review operations
[Editor's Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.] UAE President Sheikh Mohamed bin Zayed Al Nahyan met with Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, on Friday. Sheikh Mohamed and Sheikh Hamad also conducted an inspection of Fujairah Port, where they reviewed operations and the measures in place to ensure business continuity at the highest levels of operation...
Fed's Daly Says Too Early to Tell If War Will Create Long-Term Shock
Federal Reserve Bank of San Francisco President Mary Daly says it is too early to know whether the war in Iran will create a long-term economic shock during remarks at UC Berkeley. (Source: Bloomberg)
Iran Says Hormuz ‘Fully Open’ as Markets React, Fragile Ceasefires Hold
Rabat – Tensions in the Middle East are still high despite a series of ceasefire announcements and the reopening of one of the world’s most important shipping routes, the Strait of Hormuz. Iran’s foreign minister said the strait is now “completely open” to commercial vessels for the duration of the current ceasefire. The announcement follows weeks of disruption after Iran restricted access to the narrow waterway during its war with the US and Israel. Shortly after the statement, US Presi...