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Uncertainty looms as last oil tanker from Middle East heads to California
With gas more than $6 in state, delivery of some 2m barrels is last planned shipment to pass through strait of HormuzMiddle East crisis – live updatesThe average price of a gallon of gas in California already stands at more than $6, but more uncertainty looms as the last oil tanker headed from the Middle East arrived in the Golden state this week.The Los Angeles Times reported on Sunday that the New Corolla, which left the Middle East for California before the war broke out, is delivering some 2...
Dh30m UAE Lottery: Results are in – did your numbers match?
Dubai: In Wednesday’s Dh30 million UAE Lottery Lucky Day draw, a number of players secured cash rewards, while the top prize remains unclaimed.During Draw No. 260506, the winning numbers from the Days section were 30, 31, 14, 6, 15, and 9, while the Months section number was 1.In addition, three residents each won Dh50,000 through the guaranteed Lucky Chance ID prize category.The winning Lucky Chance IDs were AS1755716, CV7264245, and DT9645916.Get updated faster and for FREE: Download the Gulf...
M&A Animal Spirits Are Strong at Milken
Bloomberg's Matt Monks joins Scarlet Fu on "Bloomberg Deals." They discuss dealmakers at the Milken Institute Global Conference, one of the most influential gatherings in global finance and policy, drawing a who’s who of CEOs, founders, financiers, politicians and celebrities. (Source: Bloomberg)
Cameo, speeches, pushing gold bullion: how Farage has made millions since becoming an MP
After two years in parliament, Reform UK leader has brought in £2m on top of his Commons salaryNigel Farage’s income since being elected MP has hit £2m, analysis shows“There’s no money in politics,” Nigel Farage complained almost a decade ago, describing himself as “53, separated and skint”.He has since proved himself wrong. After two years in parliament, Farage has brought in £2m, including hospitality, through speeches, presenting, writing news articles, promoting gold bullion – and even recor...
Who qualifies for credit card debt forgiveness?
MoneyWatch: Managing Your Money Who qualifies for credit card debt forgiveness? 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 Joshua Rodriguez Joshua Rodriguez Writer, Personal Finance Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time w...
Nigel Farage’s income since being elected MP has hit £2m, analysis shows
Reform UK leader has registered wide range of financial interests on top of his MP’s salary since July 2024Cameo, speeches, pushing gold bullion: how Farage has made millions since becoming an MPNigel Farage’s income since he was elected as an MP has now reached £2m on top of his parliamentary salary, analysis of the register of MPs has shown.Farage’s earning power sets him alongside a small number of MPs who have been able to leverage their status for external income alongside their day jobs –...
Trump has a ‘nuclear option’ to bring down gas prices - will he use it and will it work?
NewsWorldAmericasUS politicsTrump has a ‘nuclear option’ to bring down gas prices - will he use it and will it work?The national average cost for a gallon of gas stood at $4.53 Wednesday - up from $2.98 two days before the conflict erupted February 28Brendan Rascius in New York Wednesday 06 May 2026 19:53 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","re...
Searchlight Capital’s Zinterhofer Sees Bifurcated M&A Market
Searchlight Capital Partners founding partner Eric Zinterhofer said he thinks dealmaking has bifurcated, with multiple buyers competing for good assets at high prices while less-viable companies are kept off the market.
How much interest will a $150,000 CD account earn now?
MoneyWatch: Managing Your Money How much interest will a $150,000 CD account earn 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. He writes...
Fed's Goolsbee Warns Against Reflexively Lowering Rates
Federal Reserve Bank of Chicago President Austan Goolsbee warns against reflexively lowering interest rates in response to faster productivity growth, as it can sometimes drive up inflation. He speaks at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)
HMRC rule means Britons can boost tax-free income to £20,070 with expanded personal allowance
Britons could legally increase their tax-free income to £20,070 by taking advantage of an HMRC-backed scheme.With the Personal Allowance frozen at £12,570 until 2031, some taxpayers are exploring ways to reduce their tax liability.One option is the Government’s rent-a-room scheme, which allows homeowners and tenants to earn up to £7,500 per year tax-free by letting furnished accommodation within their main residence.Combined with the standard Personal Allowance, this means individuals could rece...
Pensioners urged to claim up to £5,959 in tax-free DWP support as millions miss out
Millions of older Britons are missing out on a tax‑free benefit worth up to £5,959.20 a year, despite being eligible for support with daily care needs. Attendance Allowance is available to people aged 66 and over who have a disability or health condition that requires regular help or supervision.The benefit is paid weekly at two rates depending on the level of care required by the Department for Work and Pensions (DWP). Claimants receive either £76.70 or £114.60 per week, with the higher rate am...
Fuel theft gangs strike UK depots as soaring petrol and diesel prices prompt criminal action
Drivers have been warned that criminal gangs known for stripping vehicles for parts have now turned their attention to stealing fuel, after the crisis began impacting prices. According to a new warning from the Association of Fleet Professionals, there has been growing evidence that organised groups are targeting commercial vehicles parked in depots, drilling into fuel tanks and draining them of fuel overnight.The issue was raised at a recent meeting of the AFP's Mega Fleets Committee, which rep...
Amazon Moves Prime Day to June: What to Know About the (Now Earlier) Annual Shopping Event
Amazon Prime Day is back, and the retailer is bringing its annual shopping day to the masses earlier than ever this year. Amazon has announced that Prime Day 2026 will take place in June. That breaks with tradition, as Prime Day has typically been held in July as a counter to the busy Black Friday […]
Oil production in OPEC countries down to 36-year minimum — Bloomberg
The largest disruption on the oil market in history entailed a spike in gasoline, jet and diesel fuel prices
Marine oil transportation not expected to recover until midsummer — expert
Paola Rodriguez-Masiu stressed that transit insurance markets need to reprice, vessel operators need verified and sustained access, and commercial confidence cannot be rebuilt overnight
Can debt collectors freeze a joint bank account if you owe them money?
MoneyWatch: Managing Your Money Can debt collectors freeze a joint bank account if you owe them money? 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 Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where sh...
Up to 150 TGJones stores to close as ‘direct result of government policy’
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Best gold IRA companies and investing advice to know now
MoneyWatch: Managing Your Money Best gold IRA companies and investing advice to know 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 Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and e...
Brazil Central Bank Boosts Currency Intervention Amid Real Rally
The Brazilian Central Bank bought dollars in the futures market for the first time in 10 years, taking advantage of the real’s rally to reduce the stock of derivatives used to prevent excessive movements of the currency.