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Oil, Dollar Slide on Optimism Over US-Iran Deal: Markets Wrap
Oil and the dollar fell while US stock futures climbed as risk appetite improved on hopes that a deal to reopen the Strait of Hormuz and restore crude flows could be close.
Crude Oil Drops as US Inches Toward Iran Deal to Reopen Strait
Oil dropped at the week’s open as the US and Iran edged toward a deal, although President Donald Trump said that Washington’s blockade of the Strait of Hormuz would remain until an agreement was completed.
David 'Kochie' Koch unloads on Labor tax shake-up: 'Why would Australians work harder?'
David 'Kochie' Koch unloads on Labor tax shake-up: 'Why would Australians work harder?'READ MORE: How you should invest to make money under massive tax changesSee more Daily Mail on Google - save us as a Preferred SourceBy SARAH BROOKES - SENIOR REPORTER, AUSTRALIA Published: 22:41, 24 May 2026 | Updated: 22:41, 24 May 2026 e-mail View comments
Pakistan’s Eid livestock traders losing as war on Iran pushes up prices
Livestock traders in Pakistan say the war on Iran has hurt their sales ahead of Eid al-Adha.
Japan Regulator Urges Firms to Use Cash for Growth, Not Returns
Japan’s financial regulator is urging the country’s listed companies to spend more of their cash piles on long-term business investment instead of rewarding shareholders with buybacks and higher dividends.
ECB Likely to Revise Its Inflation Outlook in June, Lagarde Says
The European Central Bank is set to lift its inflation outlook when policymakers meet next month, according to President Christine Lagarde.
More than 100,000 half-finished homes lie empty in 'anti-tourist' Spain - after locals complained they had nowhere to live
Spanish residents have increasingly felt priced out of their communities. In the last few years, they have taken out much of their anger on tourists and non-residents who buy up homes in holiday hotspots.
Mass tanker blackout rattles Gulf ahead of 1.35M-barrel oil transfer amid US-Iran talks: firm
Maritime tracking transmissions collapsed near the UAE’s main oil hub, rattling Persian Gulf shipping hours before President Donald Trump announced progress was made on a bilateral peace deal with Iran, according to an AI maritime firm. Maritime intelligence firm Windward AI first detected the blackout in Automatic Identification System (AIS) transmissions near Fujairah, suggesting heightened electronic warfare, jamming, deliberate AIS shutdowns and intense cyber interference near the key UAE oi...
Ministers consider paying families on benefits HUNDREDS more per month if teenagers take up apprenticeships
Ministers are considering monthly payments worth hundreds of pounds to families receiving benefits whose teenage children take up apprenticeships.It comes as the Government is concerned the current welfare system effectively traps young people outside the workforce by penalising their parents financially.Under the scheme being considered, 16 and 17-year-olds who leave education to begin apprenticeships would trigger bursary payments to offset the benefits their families stand to lose.Alan Milbur...
PMAY-Urban scheme explained: Check eligibility, benefits & more
The Pradhan Mantri Awas Yojana-Urban (PMAY-U), launched by the Ministry of Housing and Urban Affairs in 2015, aims to provide pucca houses with basic civic amenities to eligible urban households across the country.
Trump economist points to 'great signs' of easing inflation, predicts fuel costs will 'plummet' with Iran deal
National Economic Council Director Kevin Hassett attempted to ease concerns over rising fuel costs on Sunday, as hopes of a deal with Iran to reopen the Strait of Hormuz linger on the horizon."We expect energy prices as soon as there's a deal to plummet," he told Fox News' Jackie DeAngelis."And when that happens, then there'll be a lot of room for the Fed to do the right thing and lower rates..."Hassett's remarks come shortly after Trump-nominated Kevin Warsh was sworn in as the new Federal Rese...
Entrepreneur who turned $100,000 into a BILLION-dollar empire by investing in 'unglamorous' businesses shares his simple mantra for success
Entrepreneur who turned $100,000 into a BILLION-dollar empire by investing in 'unglamorous' businesses shares his simple mantra for successSign up for our US Editor's Picks newsletter to get all the biggest exclusive stories See more Daily Mail on Google - save us as a Preferred SourceBy ANNA WRIGHT, US REPORTER Published: 18:51, 24 May 2026 | Updated: 18:51, 24 May 2026 e-mail View comments
Adani Group Helping Maharashtra Achieve Holistic Economic Growth: Industry Leaders
Dr. Mahendra P. Kalyankar, Chief Executive Officer (CEO) of the Slum Rehabilitation Authority (SRA) in Mumbai, said that the Dharavi project for skill development of the residents will also be undertaken.
Kevin Hassett says "consumer sentiment" should be renamed "political sentiment"
As the Dow Jones hit an all-time high this week, consumer sentiment hit an all-time low, Kevin Hassett, the director of the White House National Economic Council, told "Face the Nation with Margaret Brennan" that he believes "we should stop calling it consumer sentiment and start calling it political sentiment, because it's really a political variable."
It's a wasteful distraction:' Experts slam Mamdani's taxpayer-funded grocery stores
As New York City Mayor Zohran Mamdani moves forward with plans for city-owned grocery stores, economists and local business owners warn the proposal could crush small grocers while leaving taxpayers with a hefty bill.The initiative, a key Mamdani campaign pledge, would establish city-backed supermarkets across the city in an effort to lower food costs.Adam Lehodey of the Manhattan Institute believes the city could address food affordability more efficiently through private-sector partnerships an...
Londoners hit with £2.5million bill as West Ham relegated
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Supertanker With Iraq Crude Exits Persian Gulf as Talks Continue
A supertanker hauling Iraqi crude to China has left the Persian Gulf and crossed the US blockade line into the Arabian Sea, as talks continue to end the war between the US and Iran and reopen the Strait of Hormuz.
Short sellers reap more than $2.3bn profit betting against gambling companies
Online groups under pressure from jump in prediction markets’ popularity in US and steep tax rises in UK
Bengaluru sees 1 economic offence every 2.5 hours
Bengaluru faces a surge in economic crimes. Over three years, one offense occurred every 2.5 hours. Forgery, cheating, and fraud dominate these cases. This indicates a shift from physical theft to financial deception. Police face challenges due to cross-state networks and digital methods. The city's crime profile is changing.
Indians cut overseas travel spending to $1.9 billion in March: RBI
Indian overseas travel spending saw a significant drop in March, with remittances falling by over $212 million from February. This decline, attributed to rising oil prices and a weakening rupee, occurred despite travel remaining the largest component of outward remittances under the Liberalised Remittance Scheme.