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Why this Londoner abandoned his dream of buying one holiday home — and snapped up shares in five others
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Oracle to buy power from Bloom Energy for AI
Oracle is securing a massive 2.8 gigawatts of power from Bloom Energy to fuel its expanding AI data centers, including those for OpenAI and xAI. This strategic move addresses the critical energy supply crunch for burgeoning AI operations, with an initial 1.2 gigawatts already contracted.
Hormuz Closure Impact Will Be Felt for Months, Seroka Says
Port of Los Angeles Director Gene Seroka says the impact of the Strait of Hormuz closure will be felt for months and he says costs will likely be passed on to consumers. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Wall Street Balances Growth and Uncertainty
Big banks are sending mixed signals: trading desks are booming, dealmaking is back, and private credit risks look contained for now. But beneath the strong earnings, CEOs like Jamie Dimon are still warning about an uncertain economy. Bloomberg News reporter Katherine Doherty discussed recent earnings reports from major banks including JPMorgan, Citigroup, and Wells Fargo. (Source: Bloomberg)
Today News Headlines for School Assembly, April 15, 2026: IMF raises India’s growth forecast, US-sanctioned tankers pass Hormuz despite US blockade and more
Today News Headlines for School Assembly, April 15, 2026: Get important National, International, Sports, Business, and GK current affairs updates curated for students, teachers, and morning assemblies.
What are today's mortgage interest rates: April 14, 2026?
MoneyWatch: Managing Your Money What are today's mortgage interest rates: April 14, 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 wri...
BP’s New CEO Moves to Reshape Company, Overhaul Executive Ranks
BP Plc’s new Chief Executive Officer Meg O’Neill is restructuring the company and consolidating its leadership, moving quickly to fulfill her remit of turning around the beleaguered energy giant after years of underperformance.
Boost for India! IMF raises GDP growth forecast to 6.5% despite Iran war
In India, growth for 2025 is revised upward by 1.0 percentage point relative to October, to 7.6 percent. IMF chief economist Pierre-Olivier Gourinchas noted that, in the absence of the conflict, growth projections for 2026 might have been revised upward to 3.4 percent.
UPSC Key: Logical discrepancy, El Nino and Consumer Price Index
Why is the AI-driven warfare relevant to the UPSC exam? What is the significance of topics such as Strait of Hormuz Blockade, under adjudication category, and CPI inflation on both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for April 14, 2026.
India's Growth Outlook Steady Amid Middle East Conflict: IMF Chief Economist
Washington, April 14 (IANS) India’s growth outlook remains resilient despite rising global uncertainty triggered by the Middle East conflict, the Chief Economist of the International Monetary Fund (IMF) Pierre-Olivier Gourinchas said Tuesday projecti
Fuel crisis in India? Mohsin Naqvi's bizarre excuse for empty PSL stands stuns reporter
Fuel crisis in India Mohsin Naqvis bizarre excuse for empty PSL stands stuns reporter
Russia expects broad international participation in SPIEF 2026
Russian Deputy Foreign Minister Alexander Pankin noted that after decades of existence, SPIEF "needs neither advertising nor promotion, yet continues to remain the largest and most significant business event in Russia and globally"
BlackRock Sees Private Credit Tumult as Way to Take Market Share
BlackRock Inc. Chief Executive Officer Larry Fink sees increased demand for private credit from big institutional investors like insurers, even as retail clients grow skittish over the asset class and seek to redeem more of their shares.
IMF forecasts India growth at 6.5% for 2026 and 2027 on strong momentum and lower US tariff rates
IMF forecasts India growth at for and on strong momentum and lower US tariff rates
Trump pick to lead Federal Reserve has assets worth over $100m, disclosures indicate
Kevin Warsh, seeking to replace Fed chair, Jerome Powell, had to file financial disclosures for Senate approvalKevin Warsh, the former Federal Reserve governor chosen by Donald Trump to lead the central bank, has submitted financial disclosures that suggest he holds assets worth well over $100m.The document is required for his nomination to advance through the Senate, beginning with a yet-to-be-scheduled hearing. Continue reading...
Nationwide issues update for customers paying coins into accounts
Nationwide issues update for customers paying coins into accountsThe building society shared an update for people paying into their current account or savings accountCommentsMoneyAmber O'Connor Money and Lifestyle reporter U35s14:08, 14 Apr 2026View 2 ImagesNationwide has posted about its policy on social media (Image: Getty)Nationwide has issued an update for customers who want to use coins to pay into an account. The building society has confirmed that customers can deposit bags of coins...
US Wholesale Prices Rise Less Than Forecast in March
US wholesale prices rose by less than expected in March, as the producer price index increased 0.5% after a revised 0.5% rise in February. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
Iran war escalation could trigger global recession, IMF warns
UK suffers sharpest downgrade and is predicted to face joint highest inflation in G7 as growth forecasts are cutBusiness live – latest updatesA further escalation in the Iran war could trigger a global recession, spiralling inflation and a sharp backlash in financial markets, the International Monetary Fund has warned.Against an increasingly volatile backdrop, the Washington-based fund said the economic damage from the Middle East conflict was steadily rising as it cut its growth forecasts for 2...
UK faces biggest hit to growth from Iran war of major economies, IMF says
UK faces biggest hit to growth from Iran war of major economies, IMF saysJust nowShareSaveAdd as preferred on GoogleFaisal IslamEconomics editorGetty ImagesThe energy shock from the Iran war will hit the UK the hardest of the world's advanced economies, the International Monetary Fund (IMF) has forecast.In its latest World Economic Outlook, the IMF cut its estimate for UK growth this year to 0.8%, from the 1.3% prediction made in January before hostilities began.The Fund said the downgrade...
Cars24 Arabia guarantees used car buyers the best price, or matches it
Anyone who has bought a used car in the UAE knows the moment. You find the right car, you're ready to move forward, and then the second-guessing starts. Is this the right price? Is there a better deal somewhere else? Should you wait?Unlike new cars, where prices are standardised and publicly declared, used-car pricing has always carried an element of ambiguity. Buyers have had no reliable way to know whether the number in front of them is fair. That uncertainty has made one of life's bigger purc...