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Stocks are rallying despite the Iran war and stubborn inflation. Here's why.
MoneyWatch Stocks are booming despite the Iran war, inflation and the country's dour mood. Here's why. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer...
US Bonds’ Return to Pre-War Calm Fuels Bets It’ll Be Short-Lived
The return of calm to the US bond market following turbulence stirred up by the Iran war is attracting big moves in options, with some traders wagering it won’t last.
Personalised number plate sold by DVLA for nearly £70k
Would you spend £70,000 on a number plate? Thousands of people are prepared to do just that and more to get the perfect car registration for them
Fuel-Starved Cuba Dealt Blow as Russian Tanker Changes Course
A Russian tanker carrying over 240,000 barrels of diesel has abandoned its voyage to Cuba and is now sailing southeast after weeks of uncertainty surrounding a shipment meant to help relieve the fuel-starved island’s worsening energy crisis.
Here's how much interest a $90,000 CD account can earn savers now
MoneyWatch: Managing Your Money Here's how much interest a $90,000 CD account can earn savers 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 for the Managing Your Money section for CBSNews.com...
Micron CEO Sanjay Mehrotra Becomes A Billionaire Amid Trillion-Dollar Memory Chipmaker Boom
BreakingBusinessMicron CEO Sanjay Mehrotra Becomes A Billionaire Amid Trillion-Dollar Memory Chipmaker BoomByAlicia Park,Reporter. I cover markets and tech.Follow AuthorMay 27, 2026, 04:03pm EDTToplineSanjay Mehrotra, the chairman, president and CEO of Micron Technology, is now a billionaire, after shares of the Boise, Idaho-based memory chipmaker hit record highs, pushing his estimated fortune to $1.2 billion. Micron CEO Sanjay Mehrotra speaks before US President Joe Biden delivers remarks on t...
Jamie Dimon 'On The Lookout' For Next Big Deal, Real-Estate Deals | Bloomberg Deals 5/27/2026
A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Ancora Alternatives President Jim Chadwick, Newmark President of Leasing for North America Liz Hart, Brown Harris Stevens CEO Bess Freedman, PIMCO Real Estate CEO Europe Annette Kroeger, and AMP Founder Anjney Midha. (Source: Bloomberg)
Man arrested over Manchester synagogue terror attack released on bail
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Full list of 9 Lloyds and NatWest banks closing this week
Full list of 9 Lloyds and NatWest banks closing this weekBanks are continuing to shut up and down the nation due to a change in customer behaviour. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Toby Codd 20:29, Wed, May 27, 2026 Updated: 20:31, Wed, May 27, 2026 NatWest will shut banks this week (Image: Getty)A number of banks will shut for good across the UK this week in the latest round of branch closu...
Compute Market is Broken: Midha
Anjney Midha, founder of AMP, founding investor of Anthropic, and former general partner at Andreessen Horowitz, joins Dani Burger on "Bloomberg Deals." AMP aims to secure 1.3 GW of compute for the independent ecosystem over the next four years, deploying roughly $40B across equity, debt, and structured capital. (Source: Bloomberg)
Three Charts Capturing Micron’s Record Rise to $1 Trillion
Micron Technology Inc.’s incredible rally this year has launched the memory-chip firm into an elite group of stocks worth at least $1 trillion, setting at least one record along the way.
UK brewery in business for 150 years confirms exact date shop will close for good
UK brewery in business for 150 years confirms exact date shop will close for goodOne of Britain's best-known regional brewers will close the doors ro one of its stores in a matter of days. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Emily Wright, World News Reporter 20:10, Wed, May 27, 2026 Updated: 20:18, Wed, May 27, 2026 One of Britain's best-known regional brewers will close the doors to one of its...
UK car dealership on brink of liquidation - in business since 2009
UK car dealership on brink of liquidation - in business since 2009The used car dealership faces closure. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Rebecca Robinson 20:09, Wed, May 27, 2026 Updated: 20:14, Wed, May 27, 2026 The dealership is on the brink of liquidation. (Image: Getty)A UK used car dealership is on the brink of liquidation as jobs hang in the balance. Carnegie Cars Ltd faces closure af...
UK high street giant closes store in seaside town – 'we will have no shops left at all'
UK high street giant closes store in seaside town – 'we will have no shops left at all'Locals are worried for the future of their high street following the latest closure. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Toby Codd 20:08, Wed, May 27, 2026 Updated: 20:10, Wed, May 27, 2026 The shop has closed for good (Image: Getty)A UK seaside town has waved goodbye to a popular shop, with locals now fearin...
Could Donald Trump save Cuba’s economy?
Even if the island were not burdened by embargoes and communism it would be a poor investment prospect
Iran government sells subsidised meat for Eid al-Adha under blockade
Iranians are seeing the price of meat, and other basics, escalate due to the US blockade and sanctions.
How much money you need to earn to afford a home in 49 U.S. cities
MoneyWatch How much money you need to earn to afford a home in 49 U.S. cities .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham May 27, 2026 / 3:00 PM EDT / CBS News Add CBS News on Google Let's start...
New York’s Tax On Luxury Second Homes Slated For July—New Details Revealed
BreakingBusinessNew York’s Tax On Luxury Second Homes Slated For July—New Details RevealedByAntonio Pequeño IV,Forbes Staff. Pequeño is a breaking news reporter who covers tech and more.Follow AuthorMay 27, 2026, 02:59pm EDTToplineNew York lawmakers are finalizing the state’s budget, which is set to include a pied-à-terre tax that aims to impose levies against secondary single family homes in New York worth $5 million or more, and could go into effect as soon as July 1, according to Bloomberg.Ne...
PGIM Backs $4B of US Land-Bank Deals in Asset-Based Push
Bloomberg's Scott Carpenter joins Dani Burger on "Bloomberg Deals." Prudential Financial’s asset-management arm has financed about $4 billion of land-banking projects through a partnership with Domain Real Estate Partners, part of a push to gain exposure to the US homebuilding industry. (Source: Bloomberg)
Energy bills to rise for millions - here are three savings hacks YOU need to know to protect your money
Households still have time to prepare their finances ahead of Ofgem's energy price cap hike this summer, with hundreds of pounds in savings up for grabs.Earlier today, the energy regulator confirmed the annual and electricity bill will rise from £1,641 to £1,862; representing a 13 per cent or £221 hike typical household.The increase, which takes effect in July, is the latest in a string of cost-of-living pressures that have squeezed family finances in recent years. But money-saving experts say t...