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Pimco Weighs $14 Billion Debt Deal for Oracle Data Center
Pacific Investment Management Co. is in talks with Bank of America Corp. to help provide roughly $14 billion of debt financing to build a massive Oracle Corp. data center in Michigan, according to people familiar with the matter.
Govt cites past deals as NA debates fuel costs
The National Assembly session on Tuesday witnessed a second consecutive day of heated debate over the increase in petroleum prices amid a war in the Gulf, with treasury and opposition members exchanging sharp criticism over economic policies and governance. The session, chaired by Speaker Sardar Ayaz Sadiq, began with prayers for those martyred in terrorist incidents in Bannu and other areas as well as for the father of MNA Ejaz Jakhrani. Lawmakers then held detailed discussions on energy,...
Syria’s 2025 Budget Surplus Shrinks, Spending Expected to Rise in 2026
The Syrian Ministry of Finance published a summary on Tuesday, April 7, of the state budget’s performance for 2025. According to figures posted by Syrian Finance Minister Mohammed Yisr Barnieh on his Facebook page, the reported surplus in Syria’s 2025 state budget was revised downward after the minister had previously said in a television interview that it was nearly 10 times higher. Barnieh said the general budget posted a slight surplus of about 5 billion Syrian pounds, equivalent to roughly...
What happens if you can't pay your tax bill by the April deadline this year?
MoneyWatch: Managing Your Money What happens if you can't pay your tax bill by the April deadline this year? 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, wh...
Kristi Noem hugely overpaid for a $145 million warehouse in one of her final acts at DHS, report says
NewsWorldAmericasUS politicsKristi Noem hugely overpaid for a $145 million warehouse in one of her final acts at DHS, report saysThe tax-assessed value of the warehouse in 2025 was $97 million, according to new reportAriana Baio Tuesday 07 April 2026 19:00 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":tr...
FDIC Lays Out Guidelines for Institutions Issuing Stablecoins
The Federal Deposit Insurance Corp., which backs deposits at thousands of US banks, is laying out its guidelines for how those institutions and their fintech subsidiaries can use stablecoins as digital currencies become more widely accepted in the financial system.
Container shipments by Russian Railways down 2% in Q1 2026 — company
March saw 679,000 empty and laden TEUs carried in all kinds of service
Fed's Goolsbee Cautious, Nervous About Economic Outlook
"The job market is basically stable but not great," Federal Reserve Bank of Chicago President Austan Goolsbee says during remarks at the Detroit Economic Club. Goolsbee also says the rise in oil prices may drive prices up in a stagflationary way. (Source: Bloomberg)
'We must not miss this chance to stop online sexual exploitation and child abuse'
Writing for The Mirror Tracy Gilbert, Vice Chair of the All-Party Parliamentary Group on Commercial Sexual Exploitation, says ministers must back safeguards to stop pornography sites allowing sex abuse and exploitation
What to know about Iran’s plans to impose fees on ships passing through Strait of Hormuz
NewsWorldMiddle EastWhat to know about Iran’s plans to impose fees on ships passing through Strait of HormuzThe fee would vary depending on the type of ship, its cargo and unspecified other prevailing conditionsJonathan Saul Tuesday 07 April 2026 18:36 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"...
Flights alert: EasyJet, Ryanair and other airlines to raise ticket prices due to Trump Iran war
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Are YOU one of the 8 million pensioners about to lose out on a chunk of cash from their state pension this week? Our money experts reveal exactly who is going to be short-changed - and what to do about it
Are YOU one of the 8 million pensioners about to lose out on a chunk of cash from their state pension this week? Our money experts reveal exactly who is going to be short-changed - and what to do about itBy LUCY EVANS, MONEY REPORTER Updated: 18:22, 7 April 2026 e-mail 67 shares
Trump's Iran Deadline Looms Over Markets | Open Interest 4/7/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Deal or destruction. President Trump escalates threats against Iran as his deadline looms. Markets on edge as war tensions collide with tech’s surprising resilience, even as a hidden helium shortage could disrupt AI and chip production. Bill Ackman makes a bold play for the world’s biggest music label. And Fed official John Williams says inflation risks may rise, but policy is holding steady. P...
PM Shehbaz calls on nation to contribute to fuel conservation, austerity drive
Prime Minister Shehbaz Sharif called on the nation on Tuesday to contribute to fuel conservation and the austerity drive in the country, keeping in view the situation resulting from the ongoing war in the Middle East. The war began with US-Israeli attacks on Iran on February 28 and has given rise to a global fuel crisis. In order to deal with the situation, the government announced unprecedented austerity measures on March 9. On Monday, the government also announced that the markets would close...
USPS handed financial lifeline after reaching new deal with Amazon to deliver 1 billion packages
NewsWorldAmericasUSPS handed financial lifeline after reaching new deal with Amazon to deliver 1 billion packagesThe deal comes amid a shifting landscape where Amazon increasingly competes with traditional carriers like FedEx and UPS, both of whom have grown wary of over-reliance on a major industry rivalJasmine Fernández in Miami Tuesday 07 April 2026 18:18 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"S...
Derivatives Head Mackay Is Latest to Leave Metals Trader IXM
Tom Mackay, head of derivatives at IXM Holding SA, is leaving the metals trading house — the latest of several senior departures in recent months — according to people familiar with the matter.
What happens to your bills if your bank account is frozen by a debt collector?
MoneyWatch: Managing Your Money What happens to your bills if your bank account is frozen by a debt collector? 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,...
Romanian authorities developing contingency plan for fuel supply crisis
"Romania is in a slightly better position than other European countries because a portion of oil production and refining takes place domestically, and supply chains are shorter," President Nicusor Dan noted
Older workers are retiring instead of having to learn AI during their last years on the job
NewsWorldAmericasOlder workers are retiring instead of having to learn AI during their last years on the jobThe number of Americans in the workforce over the age of 55 hit a record low last monthIsabel Keane in New York Tuesday 07 April 2026 17:48 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showB...
MidEast Crude Output Seen Dropping by 9 Million Barrels a Day
More than 9 million barrels a day of oil production from key Middle Eastern countries are expected to be shut in during April, according to estimates from the US government, as the war in Iran upends global energy markets.