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Jet fuel shortage: Why Iran war could disrupt flights in Europe within weeks
Jet fuel shortage Why Iran war could disrupt flights in Europe within weeks
Netflix Just Keeps Printing Money, Gerber Says
Ross Gerber, Gerber Kawasaki Wealth and Investment Management co-founder, president and CEO, says Netflix is in a phenomenal position and just keeps printing money. Netflix reported earnings that topped analyst estimates, but its forecast fell short. Gerber speaks on "Bloomberg The Close." (Source: Bloomberg)
More than $5 trillion in US taxes. Who gets it?
From war spending to healthcare cuts, US budget choices have real impacts. So who is the system really working for?
How could the Iran war affect fizzy drinks in the UK?
The BBC's Emma Simpson explains why fizzy drinks, salad and meat could be affected by the Gulf conflict.
Burger chain collapses into administration after being forced to close all but three branches
Burger chain collapses into administration after being forced to close all but three branchesBy ROBERT FOLKER, NEWS REPORTER Published: 21:25, 16 April 2026 | Updated: 21:30, 16 April 2026 e-mail View comments
PNC CEO on US Consumers, Private Credit and Real Estate
PNC Financial Services Group CEO Bill Demchak says he hasn't seen a slowdown in US consumer spending yet. Speaking on "Bloomberg The Close," Demchak also comments on the recent concerns about private credit, the state of commercial real estate and PNC's growth strategy. (Source: Bloomberg)
Finance Minister confirms launch of Pakistan’s Global Medium-Term Note program
BusinessPakistanFinance Minister confirms launch of Pakistan’s Global Medium-Term Note programBy Web Desk-Apr 17, 2026The Finance Minister of Pakistan, Senator Muhammad Aurangzeb, has confirmed the launch of the country’s Global Medium-Term Note (GMTN) program, noting that requests for proposals (RFPs) for lead managers are being issued across three segments: Eurobonds, Islamic Sukuk, and a first-ever dollar-settled, rupee-linked bond. Speaking at the Citi Macro Forum, attended by institutional...
San Jose Sharks sign Eric Pohlkamp, NCAA's top-scoring defenseman
The San Jose Sharks have signed University of Denver defenseman Eric Pohlkamp, the highest-scoring defenseman in the NCAA this season, to a two-year, entry-level contract, the team announced on Thursday. The Sharks drafted Pohlkamp with a fifth-round pick in 2023.The 22-year-old started his collegiate career at Bemidji State before transferring to Denver for his sophomore and junior seasons. The native of Baxter, Minn., had 18 goals and 21 assists in 43 games this season as the Pioneers won the...
NYC Mayor Zohran Mamdani says Iran war is worsening a cost of living crisis
New York City Mayor Zohran Mamdani on Wednesday condemned the U.S. war with Iran, saying it has inflated costs in New York City that were already high.“While this war has exacerbated a cost of living crisis, that is a crisis that existed from even before the time I was running for mayor, and it’s reflected in the fact that we are the most expensive city in the United States of America,” the mayor told NBC News’ “Meet the Press” in an interview clip released Thursday
War on Iran could trigger global famine – charity founder
Disruption of fertilizer flows through the Strait of Hormuz could slash harvests, Jose Andres of World Central Kitchen has warned Disruptions to fertilizer supplies caused by the US-Israeli war on Iran risk triggering a multi-year food crisis globally, World Central Kitchen (WCK) founder Jose Andres has warned. Tensions around the Strait of Hormuz have already driven up energy prices and rattled the global economy, disrupting one of the world’s most important trade arter...
Pakistan minister briefs Rothschild team on Pakistan’s plan to re-enter global capital markets
PakistanPakistan minister briefs Rothschild team on Pakistan’s plan to re-enter global capital marketsBy Web Desk-Apr 17, 2026Pakistan has stepped up efforts to re-enter international financial markets, as Federal Minister for Finance and Revenue of Pakistan Senator Muhammad Aurangzeb held talks with senior representatives of Rothschild & Co. on the sidelines of the World Bank–IMF Spring Meetings 2026. During the meeting, the finance minister briefed the Rothschild team on Pakistan’s active...
Newly unsealed records reveal Amazon’s price-fixing tactics, California attorney general claims
Exclusive: A trove of previously redacted documents was filed as part of the tech giant’s anti-trust battle with the state of California. Amazon denies it engages in price-fixingHundreds of previously redacted records reveal how Amazon has pressured independent sellers using its platform into raising their prices on the sites of competitors like Walmart and Target, so that Amazon can appear to have lower prices, California authorities allege.The global conglomerate became concerned even if a com...
Nomura Economist Anderson Warns of Stagflation Risks in Europe
Josie Anderson, European economist at Nomura, discussed the heightened risk of stagflation in Europe due to the ongoing war, the conflict is generating significant uncertainty for both businesses and consumers, leading to suppressed demand and rising cost pressures. (Source: Bloomberg)
Schwab Considering Prediction Markets Tied to Finance Events
Charles Schwab Corp. is likely to launch prediction markets linked to financial events as competitors including Robinhood Markets Inc. expand their presence in the space. Schwab is “taking a hard look” at prediction markets, Chief Executive Officer Rick Wurster said on a conference call Thursday, but would stay away from allowing customers to place wagers on sports or pop culture given the firm’s focus on building clients’ long-term wealth. Schwab's CEO Rick Wurster joined Bloomberg Businesswee...
Dixon Sees Continued Selective US Market Strength Amid Middle East Uncertainty
Noel Dixon, Senior Macro Strategist at State Street, discussed investor sentiment and market dynamics despite heightened geopolitical uncertainty in the Middle East. He noted that while much positive news is already priced in, the rally can continue, particularly with a shift toward higher commodity prices creating differentiated winners and losers across regions. The US is expected to be more insulated compared to the UK and Eurozone, necessitating a more selective investment approach. (Source:...
Europe will run out of jet fuel in ‘6 weeks or so,’ key official warns
International Energy Agency (IEA) Executive Director Fatih Birol on Thursday warned that Europe will run out of jet fuel in “six weeks or so” if the closure of the Strait of Hormuz drags on. Birol told The Associated Press that the strait’s closure has caused “the largest energy crisis we have ever faced.” The closure…
RFK Jr and podcast guest suggest food is affordable in the US – despite rising costs
Health secretary and chef Robert Irvine claim Americans could eat healthier and more cheaply if they shopped betterSign up for the Breaking News US email to get newsletter alerts in your inboxThe first episode of the new Secretary Kennedy Podcast, produced by the US Department of Health and Human Services (HHS), opens with this quote from guest Robert Irvine, who creates meal plans for the US military: “We talk about food being expensive. If you’re buying expensive food, it’s expensive. But if y...
Stephanie Guild on Sector Performance Amid Speculative Stock Surges
Stephanie Guild, CIO of Robinhood, discussed recent market dynamics, emphasizing that the so-called 'Mag Seven' tech stocks are not performing uniformly, the extraordinary surge in Allbirds shares, which jumped over 600% after announcing a pivot from shoemaking to becoming a neo cloud provider. (Source: Bloomberg)
NPR gets $113 million in gifts, including $80 million from Connie Ballmer
MoneyWatch NPR receives $113 million in charitable gifts, including $80 million from Connie Ballmer .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Megan Cerullo Megan Cerullo Reporter, MoneyWatch Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting. Read Full Bio Megan Ceru...
Job Opportunities in Germany- April 2026
PakistanJob Opportunities in Germany- April 2026By Web Desk-Apr 17, 2026The Bureau of Emigration & Overseas Employment of Pakistan has highlighted growing demand for skilled workers, particularly Nursing professionals in Germany, as Germany faces an increasing shortage of healthcare professionals driven by its ageing population and rising life expectancy. According to the Bureau of Emigration & Overseas Employment, Germany’s healthcare system is experiencing sustained demand for qualifi...