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Inflation topped 4% in May as CPI surged to highest level in 3 years
MoneyWatch Inflation topped 4% in May as CPI surged to highest level in 3 years .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 June 10, 2026 / 8:33 AM EDT / CBS News Add CBS News on Google Inflation...
US inflation jumped to 4.2% in May amid Middle East energy shock
Figure marks new three-year high
The Biggest Retail Myth: That Technology Replaces People
InnovationThe Biggest Retail Myth: That Technology Replaces PeopleByBrett Beveridge,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 10, 2026, 08:15am EDTBrett Beveridge is the Founder and CEO of T-ROC Global. gettyFor decades, retail’s workforce strategy has revolved around one constant: people. Associates stocked shelves, answered customer quest...
CFTC Set To Propose Rules That Will Ban Some Bets On Online Prediction Markets, Report Says
BreakingBusinessCFTC Set To Propose Rules That Will Ban Some Bets On Online Prediction Markets, Report SaysBySiladitya Ray,Forbes Staff. Siladitya Ray is a New Delhi-based Forbes news team reporter.Follow AuthorJun 10, 2026, 08:03am EDTToplineThe Commodity Futures Trading Commission will outline new rules allowing it to block certain bets on online prediction markets, the Wall Street Journal reported, after concerns about insider trading on platforms like Kalshi and Polymarket and wagers on sens...
Chemist Warehouse in talks to swallow up UK pharmacy chain Boots in the next big move for Aussie juggernaut
Chemist Warehouse in talks to swallow up UK pharmacy chain Boots in the next big move for Aussie juggernautChemist Warehouse's owner is looking to buy BootsIt would be the first major expansion overseasREAD MORE: Dermatologist reveals the five items from Chemist Warehouse she ALWAYS packs in her carry-on bag See more Daily Mail on Google - save us as a Preferred SourceBy ASHLEY NICKEL, NEWS REPORTER, AUSTRALIA Published: 12:56, 10 June 2026 | Updated: 12:56, 10 June 2026 e-mail View comments
Sudan says poverty rate has climbed to 73%
Poverty in Sudan has risen sharply among citizens both inside the country and abroad, reaching 73%, Human Resources Minister Mutasim Ahmed Saleh said on Tuesday as he unveiled new programs aimed at supporting young people and women.
Stock market: Which are top 10 gainers and losers on NSE & BSE today? Check list
Equity markets saw gains evaporate on Wednesday, with the Sensex inching up and the Nifty closing lower. Renewed US-Iran tensions rattled investor sentiment, leading to a sell-off in late trade. Geopolitical concerns overshadowed positive domestic factors, while global markets also faced pressure. Banking stocks provided some support to the Sensex.
Weight-loss drug users save over £400 a year on grocery bills as take-up triples
New research suggests GLP-1 users are buying fewer snacks and treats such as crisps and chocolateBusiness live – latest updatesWeight-loss drugs are saving users’ households more than £400 a year on grocery bills, according to new research, which found use of GLP-1s has nearly tripled in the past two years to 1.9 million adults.Just more than 6.3% of households in Great Britain now include at least one GLP-1 user, according to the survey from Worldpanel by Numerator. This marks a sharp rise from...
Motorists could see Clean Air Zone fines increase as new rules risk adding 'another stealth tax'
The House of Lords has approved new regulations which will double the fees local authorities pay for processing Clean Air Zone transactions, increasing them from £2 to £4 from September 2026.Despite a formal regret amendment tabled by Conservative peer Lord Moylan, who argued the measure risked imposing additional costs on drivers already struggling with high fuel prices, the motion passed.Transport Minister Lord Hendy of Richmond Hill defended the changes as necessary to move towards full cost...
China Threat Will Reshape, Not Ruin, Europe’s Carmakers; Report
InnovationTransportationChina Threat Will Reshape, Not Ruin, Europe’s Carmakers; ReportByNeil Winton,Senior Contributor.Forbes contributors publish independent expert analyses and insights. U.K.-based Neil Winton covers the European Auto industry.Follow AuthorJun 10, 2026, 07:07am EDTConcept map depicting dialogue between China and the European Union.gettyEuropean automakers face years of profit pressure as Chinese companies gear up for a long-term attempt to win sales. But the locals will dispe...
UK’s stem cell transplant system may be putting lives at risk, report by MPs finds
System not fit for purpose due to poor infrastructure and planning, with minority groups particularly at risk, MPs sayThe UK’s stem cell transplant system is potentially putting the lives of blood cancer patients at risk as a result of inadequate infrastructure and a lack of long-term planning, a parliamentary report has found.A hematopoietic stem cell transplant, often referred to as a bone marrow transplant, is a medical procedure in which stem cells from a healthy donor are transplanted into...
Why reviving US manufacturing is so hard
Skills shortages, shifting tariffs and complex permitting processes are major barriers
We're Running In The Wrong AI Race
InnovationWe're Running In The Wrong AI RaceByVictor Paraschiv,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 10, 2026, 07:00am EDTVictor Paraschiv is an AI scientist, founder and CTO of Broadn, and was an early pioneer in the training of the first LLMs on legal datasets gettyMost observers misunderstand the AI race between China and the U.S. Th...
Adani Solar Ranks 6th In Wood Mackenzie's Global Module Manufacturer List
This makes the Adani Group company highest-ranked Indian firm in the annual global assessment, at a time when India aims to expand domestic solar manufacturing capacity and cut dependence on imports.
Your Insurer Rewrote Your Cyber Policy While You Were Deploying AI
InnovationYour Insurer Rewrote Your Cyber Policy While You Were Deploying AIByKiran Bhujle,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 10, 2026, 06:45am EDTKiran Bhujle: Global Head of Cybersecurity at SVAM International Inc, teaches at Columbia University ERM program. gettyPicture this: A mid-market company gets hit with ransomware. The CISO...
Is AI Replacing Finance Jobs Or Creating New Ones?
LeadershipCareersIs AI Replacing Finance Jobs Or Creating New Ones?ByLuciana Paulise,Contributor.Edited bySophia Acevedo,Associate Editor.Follow AuthorsJun 10, 2026, 06:30am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.SummaryArtificial intelligence is rapidly transforming finance jobs. AI can automate routine tasks and potentially impact specific roles, notably entry-level finance and junior roles. This shift is also c...
JP Morgan may spend $20bn on acquisitions, but CEO rejects them as growth fix
JPMorgan Chase CEO Jamie Dimon indicated the bank is open to a significant acquisition, potentially up to $20 billion, in the coming years. However, he cautioned against viewing mergers as a solution for weak organic growth, emphasizing the need for deals to strengthen existing operations and align with the bank's culture.
Anil Ambani Gets Interim Protection From Coercive Action Under Black Money Act
A bench of Justices BP Colabawalla and Firdosh Pooniwalla on Tuesday noted that there are other petitions filed in HC against the Act and admitted Ambani's plea, which will be taken up for final hearing in due course.
Forbes 250: America’s Most Successful Living Immigrants
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China’s BYD aims to be world’s biggest car firm within five years
EV maker aims to overtake Toyota, as it plans to spend £1.8bn to build five-minute flash chargers in EuropeBusiness live – latest updatesThe Chinese car company BYD has said it aims to be the world’s biggest automaker within the next five years.Targeting Toyota’s long-held top spot, BYD’s founder and chair, Wang Chuanfu said he was confident it could overtake global rivals through rapid advances in battery technology, fast charging advances and growing production overseas, including Europe. Cont...
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