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Fraud reform must target criminals, not cut off disability care
The Trump administration is making rooting out fraud in social safety net programs a top priority, but it is essential to ensure that people with disabilities are not harmed in the process and that the government's response is precise and targeted.
Stock market jumps after Israel-Lebanon ceasefire, Hormuz opening
The stock market saw a boost after the opening bell Friday morning, after a 10-day ceasefire between Israel and Lebanon took effect and Iran declared the Strait of Hormuz “completely open.” The S&P 500 was up 1.1 percent, and the Nasdaq Composite rose 1.4 percent as of 10:30 a.m. EDT. The Dow Jones Industrial Average…
IN BRIEF: What we know about Iran’s decision to open Strait of Hormuz
Iran’s ban on the passaged through the Strait of Hormuz is still in force for warships from any country, the Iranian state television said, citing a military source
Mythos Has Banks In A Panic. If Banks Are Worried, We Should All Be.
Anthropic’s Mythos model has the financial sector in a panic. If banks are worried, every business should be.
Emerging Currencies Erase War Losses as Traders Bet on Peace
A key gauge of emerging-market currencies has fully recovered its losses from the start of the US-Iran war, driven by optimism that the conflict is de-escalating after Iran reopened the Strait of Hormuz.
What's Next for Reed Hastings?
Netflix stock is taking a hit, but just how much can be attributed to Reed Hastings' exit Sarah Hunt of Alpine Woods and Geetha Ranganathan of Bloomberg Intelligence break down why investors are reacting to weak guidance and a massive $20B spending surge. (Source: Bloomberg)
Cattle market auction fetches Rs305m
The Rawalpindi Cantonment Board has auctioned the contract of the Bhatta Ground cattle market for one year at Rs305 million, with a provision for a two-year extension subject to a 10 percent annual increase. Over three years, the cantonment board is expected to generate more than Rs1 billion in revenue. In addition to Eidul Azha, the cattle market will now also operate every Tuesday and Wednesday, strengthening the livestock business in the Rawalpindi region and boosting meat and dairy markets....
Uber will now pick up your returns from your doorstep
Uber launched a new feature on Friday that lets customers return purchased items without leaving their home. The new returns feature, which is accessed through the Uber Eats app, is the latest effort by Uber to add “stickiness” to its app by offering services that extend beyond its core ride-hailing and delivery businesses.
US Live Nation and Ticketmaster verdict triggers calls for Australian investigation into ticketing rules
One insider estimates Australians pay A$10 in fees per ticket, with fans bearing the burden of monopolised music tour schedules and inflated artist valuesGet our breaking news email, free app or daily news podcastAustralia is being urged to improve ticketing transparency after a US federal court found Live Nation Entertainment had a harmful monopoly over big concert venues.This week, a New York jury found the global entertainment giant and its subsidiary Ticketmaster liable for systematically st...
Iran names unfreezing of assets as condition for fully reopening Hormuz Strait — media
The source did not specify a possible timeline for unfreezing Iranian funds subject to sanctions
Hormuz reopens: What Iran’s move means for oil and war
Iran has announced that the Strait of Hormuz is fully open to commercial shipping, marking a significant shift after weeks of disruption during the ongoing Middle East conflict.The move comes as a fragile ceasefire between Israel and Hezbollah in Lebanon appears to be holding, raising cautious hopes of a broader de-escalation. But the reopening is not a full return to normal — with the United States maintaining a blockade on Iranian ships and negotiations with Tehran still unresolved.Oil prices...
Oil deliveries via Druzhba pipeline to Hungary may resume next week — Magyar
According to the statement, there won’t be any supply issues in the near or distant future
Bitcoin Climbs to Two-Month High Amid Middle East Deal Optimism
Bitcoin climbed to the highest level since early February after a flurry of comments from the US and Iran sparked optimism that the conflict in the Middle East may be heading toward a resolution.
How to know if you're on an energy price cap tariff
Martin was shocked to learn how many people didn't know if they were on an energy price cap.
Gazprom Board to discuss liquidation of representative office in Algeria
Gazprom and Algeria’s Sonatrach are jointly developing the El Assel block in Algeria
Russian gas crucial for preserving Europe’s industry — envoy
Kirill Dmitriev made the comment in response to a post by Slovak Prime Minister Robert Fico, who said that Slovakia is filing a lawsuit with the Court of Justice of the European Union over the ban on imports of Russian gas
Venezuela Bonds Rally as IMF Resumes Formal Contact with Caracas
Venezuela’s dollar bonds are rallying on Friday as the International Monetary Fund’s decision to resume contact with authorities in Caracas lifts investor sentiment toward the nation’s defaulted debt.
Pakistan re-entres global bond markets after four years with $500m Eurobond
BusinessMust ReadPakistan re-entres global bond markets after four years with $500m EurobondBy Web Desk-Apr 17, 2026ISLAMABAD: Pakistan has successfully re-entered international financial markets after a gap of four years, issuing a $500 million Eurobond, according to an official statement. The bond has been issued for a three-year tenure, marking a significant step in the country’s efforts to restore investor confidence and strengthen its external financing position. Despite challenging global...
Brent price down almost 12% after Iran announces opening of Strait of Hormuz
The price of futures contracts of WTI crude oil for June 2026 delivery was down by 10.58% at $81.52 per barrel
From Hormuz to household finance: How global oil shocks can filter into Indian homes
Global oil markets face turmoil due to the Iran-US conflict and Strait of Hormuz disruptions. India, heavily reliant on oil imports, feels the pinch through rising inflation and borrowing costs. The Reserve Bank of India monitors the situation, opting for stability over aggressive action. Households may experience a gradual tightening of budgets as costs rise and monetary easing is delayed.