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Fed Officials Cite Inflation Concerns in Defending Dissents
The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.
Morocco’s ODCO Drives New Phase of ‘Lalla Al Moutaâouina’ Program
The Secretariat of State in charge of Handicrafts and the Social and Solidarity Economy organized, in partnership with The Office of Cooperation Development (ODCO), on Thursday in Rabat, the awards ceremony of the 7th edition of the national program “Lalla Al Moutaâouina,” marking a strategic shift in the support framework for women’s cooperatives in Morocco. Held as part of the National Week of the Social and Solidarity Economy, the program now moves beyond a simple award scheme to adopt a str...
What are today's mortgage interest rates: May 1, 2026?
MoneyWatch: Managing Your Money What are today's mortgage interest rates: May 1, 2026? 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...
Morocco Labor Day 2026: Minimum Wage Rises but 1.6 Million Still Out of Work
Casablanca — Every May 1st, Morocco’s streets fill with union marchers. Workers, banners in hand, move through Rabat, Casablanca, Marrakech, and other cities demanding better wages, more jobs, and fairer conditions. This year’s Labor Day arrives against a backdrop of recent government moves on wages and labor reform. Just days before, the government held what it called a landmark round of social dialogue. A new round of meetings in April, chaired by Head of Government Aziz Akhannouch, brou...
Watchdog warns millions face ‘fresh uncertainty’ over car finance compensation
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Middle East conflict drags on: Is Iran’s economy approaching breaking point?
Weeks of conflict have intensified Iran's economic pressures, straining its financial system despite ongoing internal resilience and limited external trade. While facing significant business challenges and rising costs, Iran is leveraging domestic resources and alternative trade routes to sustain itself amidst a Gulf standoff and stalled ceasefire talks.
Thousands in US to join ‘no school, no work, no shopping’ protest in economic blackout
Walkouts, marches and other gatherings planned for ‘May Day Strong’ demonstrations across the countryThousands are set to join an economic blackout for International Workers’ Day on Friday, as part of 3,500 “May Day Strong” events across the country. Organizers are calling for “no school, no work, no shopping” with walkouts, marches, block parties and other gatherings planned into the evening.May Day has long been an annual day of protest for the labor movement, and this year, many active moveme...
DFM profit rises 43% as foreign investors drive Dh61b trading surge
Dubai: Dubai Financial Market reported a strong start to 2026, with average daily trading value crossing Dh1 billion in the first quarter as foreign and institutional investors continued to deepen their participation in the emirate’s capital market.Sign up for our daily business newsletter, Cheques & Balances.Average daily trading value rose 56% year on year to Dh1.03 billion in the three months to March 31, compared with Dh663 million in the same period last year. Total traded value increased 4...
Halifax 'can be refunded' update for anyone with this type of account
You may need to provide some extra information to Halifax
India’s cow dung biogas offers relief amid Middle East energy crunch
Bulandshahr: Across much of India, an energy crunch caused by the Iran war has prompted long queues for cooking gas cyclinders. That’s not a problem for Gauri Devi.On a stove with blue flames, she flips a chapati flatbread, burning biogas produced from cow dung - an alternative fuel helping ease pressure on supplies.“It cooks everything,” the 25-year-old said in her courtyard kitchen in Nekpur, a village in Uttar Pradesh, about 90 kilometres from New Delhi. “If the pressure goes down, we let it...
Eye Opener: Gas prices surge with no Iran war peace deal in sight
There is no permanent end to the Iran war in sight as Americans face surging gas prices. Plus, there's new video of the accused White House Correspondents' Dinner gunman, including the moment he attempted to sprint by security. All that and all that matters in today's Eye Opener.
Drivers take fewer trips to cut back on fuel and adjust spending, bank suggests
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Futures Waver After Stocks Notch Best Month Since 2020; Apple Earnings | Bloomberg Brief 5/1/2026
US equity futures waver after stocks hit another record high, posting their best month since 2020. Apple delivers a surprisingly strong revenue forecast, despite a shortage of MacBooks. President Trump vows to maintain a naval blockade on Iran. Seema Shah of Principal Asset Management discusses this earnings season. Jason Gabelman of TD Cowen looks ahead to Exxon and Chevron results. (Source: Bloomberg)
Exxon, Chevron Beat Earnings Estimates as Oil Prices Surge
Exxon Mobil and Chevron topped analyst’s earnings expectations in the first quarter, overcoming various impacts of the Iran war. Vincent Piazza of Bloomberg Intelligence has more. (Source: Bloomberg)
Honda outline progress during ‘long and intense’ April gap
Honda will introduce further countermeasures aimed at reducing engine vibrations and improving reliability at this weekend’s Miami Grand Prix, having “made some progress” over the five-week break without races.
Suzuki Motorcycle India starts FY27 with 4% growth, April sales reach 1.17 lakh units
Suzuki Motorcycle India starts FY with growth April sales reach lakh units
No evidence of widespread fuel price-gouging, regulator says
No evidence of widespread fuel price-gouging, regulator saysJust nowShareSaveAdd as preferred on GoogleJemma CrewBusiness reporterGetty ImagesThere is no evidence of widespread price-gouging by UK fuel retailers in the weeks after the US-Israel war with Iran began, according to the competition watchdog.The Competition and Markets Authority (CMA) said profit margins overall were "broadly unchanged" between February and March.In March, the CMA announced it would "step up" monit...
Fuel price rises caused by cost of oil rather than retail margins – watchdog
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Qantas and Jetstar reduce more Aussie flights amid soaring fuel costs: What you need to know
Qantas and Jetstar reduce more Aussie flights amid soaring fuel costs: What you need to knowQantas and Jetstar cut more domestic flightsREAD MORE: Don't book a flight until you read thisBy ZAK WHEELER, NEWS REPORTER, AUSTRALIA Published: 11:43, 1 May 2026 | Updated: 11:44, 1 May 2026 e-mail View comments
Power minister declares end of month-long loadshedding following arrival of LNG shipment
ISLAMABAD: Power Minister Awais Leghari on Friday declared the end of a month-long loadshedding period after a shipment of liquefied natural gas (LNG) arrived in Pakistan a day earlier. The power minister made the announcement in a recorded televised message, saying that the recent power outages were caused by a gas shortage linked to the war between the US and Iran, and were not the result of “incompetence or system failure”. He recalled that on “...