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Putin Aims to Unlock Gas Pipeline in Xi Talks
Vladimir Putin is set to travel to Beijing for talks with President Xi Jinping, with the war in Iran offering an opportunity for Russia to deepen energy links with China. Bloomberg's Stephen Engle reports. (Source: Bloomberg)
PETER VAN ONSELEN: The death taxes already in effect that financially-savvy Aussies need to know about
PETER VAN ONSELEN: The death taxes already in effect that financially-savvy Aussies need to know aboutREAD MORE: Surprise 'death tax' in Albanese's Budget By PETER VAN ONSELEN, POLITICAL EDITOR, AUSTRALIA Published: 01:40, 19 May 2026 | Updated: 01:40, 19 May 2026 e-mail View comments
Florida mother turns to digital couponing as grocery bill soars
CBS Evening News As inflation ticks up and grocery prices climb, a Florida mother turns to digital couponing to save money .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-evening-news.jpg'); } By Cristian Benavides Cristian Benavides Correspondent, CBS Newspath Cristian Benavides is a CBS News correspondent based in Miami. Read Full Bio Cristian Benavides May 18, 2026 / 8:36 PM EDT / CBS News Add CBS News on Google Inflation rose to its highest level since 2023 i...
How a mom tries to stretch the grocery budget for her family of 5 | Affordability in America
Each trip to the grocery store is becoming more expensive for Florida mother Kiana Powell. Cristian Benavides reports on how she
Trump Holding Off on New Iran Strikes After Gulf Appeal
President Donald Trump said he called off a strike on Iran after an appeal by the leaders of Persian Gulf allies, who called for more time to pursue a diplomatic resolution. Bloomberg Economics' Chris Kennedy has the latest. (Source: Bloomberg)
NPR offering staff buyouts after receiving $113 million in charitable gifts
NPR announced it is offering buyouts to staffers just weeks after it received over $100 million in charitable gifts.According to a report from NPR's media correspondent David Folkenflik, NPR CEO Katherine Maher wrote in a memo that the outlet "has to fill a gap of $8 million in its $300-million annual budget" after President Donald Trump and GOP lawmakers cut federal funding last year and that NPR is expected to "earn $15 million less in station fees this year and is anticipating a drop in corpo...
Oil Slips as Trump Spurs Optimism Over Iran Deal: Markets Wrap
Oil dropped in early Asia trading after President Donald Trump said he was holding off on fresh military strikes, boosting hopes for a deal that could end the war and revive energy flows through the Strait of Hormuz.
Musk Loses Case Against Altman Over OpenAI’s Overhaul
A jury rejected Elon Musk’s claims that OpenAI under Sam Altman’s leadership betrayed its mission to benefit the public by morphing into a for-profit business, finding that he waited too long to sue the company. Madlin Mekelburg explains. (Source: Bloomberg)
Faisal Islam: Burnham seeks to manage the markets and Makerfield
Faisal Islam: Burnham seeks to manage the markets and MakerfieldJust nowShareSaveAdd as preferred on GoogleFaisal IslamEconomics editorPA MediaGreater Manchester Mayor Andy Burnham has committed to sticking to the government's existing borrowing limits, known as its fiscal rules. And the markets appear to have reacted.In recent weeks, Burnham had suggested the rules might be changed, for example by exempting rises in defence spending as has occurred in Germany to allow for extra spending.Then on...
AMP Trims ‘Frothy’ Private Credit Assets in Investment Pivot
MarketsAMP Trims ‘Frothy’ Private Credit Assets in Investment PivotFacebookXLinkedInEmailLinkGiftExpandAMP Ltd. signage on Quay Quarter Tower in Sydney, Australia.Photographer: Lisa Maree Williams/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Amy BainbridgeMay 18, 2026 at 9:36 PM UTCBookmarkSaveAustralian pension and weal...
Japan Official Sows Doubt Over Potential Sales of US Treasuries
A senior Japanese Finance Ministry official sowed doubt over any prospects for the nation to sell US Treasuries as part of any move to prop up the yen, suggesting the maneuver could end up being counterproductive.
Fast-Moving Sandy Fire Out of Control Near Los Angeles
A brush fire in Southern California's Simi Valley has prompted evacuations as high winds fuel the blaze. The Sandy Fire broke out Monday morning about 20 miles northwest of Los Angeles. It has consumed about 184 acres and remains out of control according to state fire officials. (Source: Bloomberg)
AI Chip Startup Tenstorrent Draws Takeover Interest From Intel, Qualcomm
Artificial intelligence chip startup Tenstorrent Inc. is drawing early takeover interest from prospective buyers at a moment of renewed momentum for upstarts looking to challenge Nvidia Corp. and Advanced Micro Devices Inc.
Pay for American workers is lagging inflation — again
MoneyWatch Pay for American workers is lagging inflation — again .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Megan Cerullo Megan Cerullo Reporter, MoneyWatch Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting. Read Full Bio Megan Cerullo May 18, 2026 / 5:01 PM EDT / CB...
How to shop Memorial Day like a pro — what to buy and skip this year
Deals and SalesThe 4 best things to buy during Memorial Day sales — and the 2 you should absolutely avoidYes, everything feels more expensive right now, so taking advantage of the right deals this week goes a long way.May 18, 2026, 4:21 PM EDTZoe MalinReporterSkip to table of contentsRetailers want to get rid of warm weather essentials while shoppers are thinking about them, so look out for deep discounts on grills, patio furniture and more.Getty ImagesOver 50 percent of shoppers plan to partici...
GLP-1 Users Turn to Telehealth to Access Weight Loss Drugs
Justin Schrieber, CEO of telehealth company LifeMD, said that the main reason that Americans end up at virtual health care providers is to access GLP-1 weight loss medication, as well as other prescription medication. Schreiber said that there is still an untapped market for GLP-1 access and the next frontier of virtual access is for hormone replacement care. (Source: Bloomberg)
Why Trump’s $1.8 Billion IRS Settlement Could Actually Cost Him Money
BreakingBusinessWhy Trump’s $1.8 Billion IRS Settlement Could Actually Cost Him MoneyByAlison Durkee,Forbes Staff. Alison is a senior news reporter covering US politics and legal news.Follow AuthorMay 18, 2026, 04:06pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineThe Trump administration is creating a $1.8 billion fund to compensate people who claim to have been “victims” of unfair prosecution, a condition of Pre...
China Will Open Its Market to AI Chips From US, Nvidia’s CEO Says
Nvidia Corp. Chief Executive Officer Jensen Huang, speaking days after he joined President Donald Trump’s summit in China, said he expects Chinese authorities to eventually allow the import of artificial intelligence chips from the US.
US Regulators Poised to Reshape Secret Ratings Process for Banks
US regulators are poised to unveil as soon as this week a plan that would overhaul how examiners secretly rate banks, according to people familiar with the matter, a move likely to be cheered by lenders.
Mexico Signs Deal for Floating Gas Plant to Meet Yucatan Demand
Mexico signed an agreement to send a floating gas power plant to the Yucatan peninsula, the latest in a series of private partnerships aiming to boost electricity generation and shore up the nation’s grid against seasonal blackouts.