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Northwestern's Schutte Says Investors Should 'Own Some Commodities'

Northwestern Mutual Wealth Management CIO Brent Schutte says investors have "bid back up the markets" and have gone back to their old favorites. He says it's also a good idea to "own some commodities." He speaks on "Bloomberg Surveillance." (Source: Bloomberg)

Millions of workers could claim money back under little-known HMRC scheme - check now

Millions of workers could claim money back under little-known HMRC scheme - check nowMillions of uniformed workers are unaware they can claim money back for washing and maintaining their work clothes through HMRC tax reliefCommentsMoneyEllie Clibbens15:07, 15 Apr 2026View 3 ImagesUniformed workers could claim back on repairing and washing their clothes(Image: Getty Images)Workers in uniform could be missing out on as much as £142 million in unclaimed tax relief from this year alone. HMRC provide...

What could mortgage interest rates look like by the end of 2026?

MoneyWatch: Managing Your Money What could mortgage interest rates look like by the end of 2026? Here's what some experts predict. 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 Aly J Yale Aly J Yale Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal...

Reeves warns impact of Iran war on economy will persist once hostilities end

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UAE hotel revenue hits Dh49.2 billion in 2025, guest numbers reach 32.3 million

Dubai: Hotel revenues in the UAE rose 9.7% to around Dh49.21 billion in 2025, as the country’s tourism sector recorded strong growth across key indicators, the Ministry of Economy said on Wednesday. Sign up for our daily business newsletter, Cheques & Balances.The figures were reviewed during the second 2026 meeting of the Emirates Tourism Council, chaired by Abdullah bin Touq Al Marri, Minister of Economy and Tourism, in Ras Al Khaimah.Bin Touq said the UAE has strengthened its position as a le...

Atkins Faces Ticking Clock as He Reshapes Rules for Wall Street

When Paul Atkins took the helm of Wall Street’s top regulator, he came with a long to-do list: craft rules for the cryptocurrency industry, make initial public offerings “great again” and ease financial reporting for public companies.

GIZ, We4She Launch Landmark Initiative to Advance Women’s Inclusion in Future-Focused Sectors

Marrakech – On the sidelines of GITEX Africa Morocco 2026, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and We4She announced the launch of a new program aimed at accelerating gender inclusion across Morocco’s most strategic and future-oriented industries. Unveiled during the “Women Shaping the Future Economy” conference, the initiative introduces an official Call for Expressions of Interest (AMI) designed to support Moroccan companies in embedding gender equality into their core...

बिना सूचना गुजरात पहुंचा ईरानी टैंकर, लेकिन रिफाइनर्स नहीं खरीदेंगे तेल, ये है वजह!

Pimco Bond Purchase Signals Possible Thaw in Private Credit Winter

Bloomberg's Bruce Douglas discusses the recent developments in the private credit market, highlighting significant institutional activity. Pimco's purchase of $400 million in investment-grade private credit assets at a yield of approximately 6.5% signals renewed confidence. This contrasts with a larger $750 million bond deal by Goldman Sachs offering a lower spread of around 2.5% over Treasuries, reflecting different risk and liquidity profiles. (Source: Bloomberg)

TCS filing made easier: Income Tax Dept brings in new Form 143, replacing 27EQ

TCS filing made easier Income Tax Dept brings in new Form replacing EQ

Snap is cutting 1,000 jobs, 16% of its workforce

Snap is laying off roughly 16% of its global workforce, impacting around 1,000 full-time employees, according to a memo sent to staff from Snap CEO Evan Spiegel on Wednesday. The company cites advancements in AI for the cuts. “While these changes are necessary to realize Snap’s long-term potential, we believe that rapid advancements in artificial intelligence enable our teams to reduce repetitive work, increase velocity, and better support our community, partners, and advertisers,” t...

China’s CATL to invest US$4.4 billion in mining arm to secure EV battery supply chain

Contemporary Amperex Technology Ltd (CATL), China’s electric vehicle (EV) battery king, plans to earmark 30 billion yuan (US$4.4 billion) to establish a subsidiary to manage and expand mining assets, after the global energy shock paved the way for a quicker entry into the world’s automotive and energy storage system (ESS) markets. The investment arm, in line with CATL’s long-term growth strategy, would integrate existing mining assets, pursue high-quality mineral projects at home and abroad, and...

British fashion retailer to close popular shop today as another enters administration

British fashion retailer to close popular shop today as another enters administrationToday one beloved fashion retailer is having a closing-down sale, while another fashion brand has entered administration and shut its websiteCommentsLifestyleAndrea Blazquez Editor of Spare Time and Chanelle Georgina Senior Audience Writer14:50, 15 Apr 2026View 3 ImagesThe high street keeps changing(Image: Alexander Spatari via Getty Images)British fashion retailer New Look is closing its Carrickfergus branch in...

UAE elected to WFP Executive Board as Hormuz disruptions threaten global food security

The United Arab Emirates has been elected to the Executive Board of the World Food Programme (WFP) for the 2026–2028 term, at a time of unprecedented global food security challenges and mounting risks linked to the near-total disruption of traffic through the Strait of Hormuz—developments that could push tens of millions into acute hunger.The UAE’s election underscores its pivotal role within the global humanitarian ecosystem. Dubai hosts the United Nations’ largest humanitarian logistics hub, s...

US officials claim China is ‘hoarding’ oil. What does the data say?

Though high-level officials in Washington have accused China of undermining global energy security by “hoarding” oil during the US-Israeli war on Iran, import and inventory data suggest Beijing is facing its own supply pressures as the conflict drags on. US Treasury Secretary Scott Bessent on Tuesday labelled China an “unreliable global partner,” alleging that Beijing has prioritised stockpiling crude over easing global shortages triggered by the war, according to a Reuters report. He also...

IMF's forecast

Fresh projections from IMF have offered a sobering, yet not entirely discouraging, snapshot of Pakistan's economic trajectory. According to the global lender, economic growth is now expected to settle at 3.5% in the next fiscal year, down from earlier estimates, while inflation is projected to rise to 8.4%. In isolation, these figures may appear underwhelming. Placed within the context of a volatile global environment and heightened regional tensions, however, they signal that stability is h...

Sacred business!

I left Pakistan for America many years ago because I did not want to always pray in order to be able to pay my fee for various things. Little did I know that that little phrase would reverse itself in America where I would be required to pay a fee so I can pray. One of the most visible brands in America is the famous retail store called Walmart. It always tells its customers "Save Money, Live Better". It always struck me as odd because in America one must spend money to save money. Wh...

Lloyds Bank recommends 'ten-minute' check for first-time buyers

Lloyds Bank recommends 'ten-minute' check for first-time buyersThe bank said customers looking to buy could complete the check without affecting their credit scoreCommentsMoneyAmber O'Connor Money and Lifestyle reporter U35s14:27, 15 Apr 2026View 3 ImagesThe check could give you a better idea of what properties you can afford (stock photo)(Image: Getty)Lloyds Bank has highlighted a 'ten-minute' check available for first-time buyers. The bank explained that an Agreement i...

Financial bloc of government to target stimulation of economic growth — Putin

The head of state stressed that he awaited proposals on extra measures aimed at resumption of growth of the national economy, support of business initiatives and improvement of the employment structure favoring industries with more efficient jobs

Gulf Trucking Bypass Moves Metal, Consumer Goods Around Strait

With the near closure of the Strait of Hormuz in its second month, producers of everything from metal to consumer goods in the Persian Gulf are turning to land transport in an effort to keep their products flowing.