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Sindh CM extends lifeline amid fuel spike
Sindh Chief Minister Murad Ali Shah on Wednesday approved a targeted public transport subsidy programme and sanctioned additional financial assistance for small farmers as part of a comprehensive strategy to cushion the impact of rising global fuel prices. Chairing a meeting at his office, CM Shah reviewed measures aimed at keeping public transport fares affordable and ensuring the sustainability of the sector amid a sharp increase in petrol and diesel prices. The meeting was informed tha...
Treasury Auctions Get Scoured for Signs of Foreign Demand Slump
Auctions of 10- and 30-year Treasury debt this week face scrutiny for signs of flagging foreign demand after several of last month’s sales, the first ones since the US attacked Iran, were shunned by overseas investors.
Hedge Funds Closing Stock Short Bets at Fastest Pace Since 2020
MarketsHedge Funds Closing Stock Short Bets at Fastest Pace Since 2020FacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Natalia KniazhevichApril 8, 2026 at 3:29 PM UTCBookmarkSaveHedge funds are rushing to close out bets against US stocks at a pace not seen since the market rebounded from the crash set of...
Activist Investors Surge in Volatile Markets
Activist investing is booming despite market uncertainty. Darren Novak, the Global Co-Head of Shareholder Engagement and M&A Capital Markets at JP Morgan joined Bloomberg Open Interest to explain why volatility, undervaluation, and record M&A activity are fueling a global surge in campaigns, and how evolving tactics are forcing boards to rethink how they engage with investors. (Source: Bloomberg)
Cattle market auction faces deadlock
Bidders have formed a united front against the decision to start the auction of the Bhata Ground cattle market contract at a reserve price of Rs4 billion, leading to the failure of two bidding attempts. The third open auction is now scheduled for April 13 after the previous two attempts collapsed when bidders collectively demanded the removal of the reserve price condition and insisted that bidding begin from last year's rates. Last year, the contract for a 15-day Eidul Azha cattle mar...
What happens if your bank account is levied with no money in it?
MoneyWatch: Managing Your Money What happens if your bank account is levied with no money in it? 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 writ...
Global markets react to U.S.-Iran ceasefire news
Investors are reacting to news of a ceasefire between the U.S. and Iran. CBS News contributor Javier David has more.
$10,000 CD vs. $10,000 traditional savings account: Here's why the CD is the better choice now
MoneyWatch: Managing Your Money $10,000 CD vs. $10,000 traditional savings account: Here's why the CD is the better choice 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...
Exxon Lost 6% of Global Production Amid Iran War
Exxon Mobil Corp. saw 6% of its global output knocked out in the first quarter as oil and natural gas operations in the Persian Gulf were paralyzed by the Iran war. Kevin Crowley reports on Bloomberg Television. (Source: Bloomberg)
Cuts to NDIS to be focus of Labor’s quietly launched ‘razor gang’ ahead of May budget
Exclusive: Taskforce led by former Treasury official Anthea Long will advise on cost-cutting options for $52bn programGet our breaking news email, free app or daily news podcastLabor has quietly established a razor gang to drive budget savings in the national disability insurance scheme, as it works to further rein in costs ahead of next month’s federal budget.An NDIS Sustainability Taskforce was established within the health department earlier this year, with instructions from the federal gover...
Polish Demand for Mortgages Surges to 2008 High on Iran Risks
The war in Iran has sent demand for mortgages in Poland to an 18-year-high as loan seekers sought to lock in borrowing rates amid risks that a spike in inflation could lead to an increase in interest rates.
Several US airlines raise baggage fees due to higher oil costs associated with Iran war
Delta, United and JetBlue hiked rates even as Delta announced $1bn pre-tax profit in quarter ending JuneMiddle East crisis – live updatesSign up for the Breaking News US newsletter email Several major US airlines have raised their baggage fees in recent days, blaming ongoing volatility in oil markets caused by the US-Israeli war in Iran that has almost doubled jet fuel prices.On Tuesday, Delta followed the lead of United Airlines and JetBlue, which announced last week that they were hiking bagga...
Government profiting from rising costs 'not right'
Government profiting from rising costs 'not right'Just nowShareSaveAdd as preferred on GoogleGeorgina BarnesJerseyBBCCarl Walker said it wasn't fair for the government to be "making money from a cost-of-living crisis"Jersey's government profiting off islanders through taxes because of rising gas and fuel prices "doesn't feel right", the head of Jersey's Consumer Council (JCC) says.Cost-of-living pressures have been caused by disruptions to shipme...
Bloomberg Surveillance 4/8/2026
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Relief Rally Likely to Be Capped, Oppenheimer's Stoltzfus Says
John Stoltzfus, Oppenheimer Asset Management chief investment strategist, says what he see as a mild selloff during the Iran war will likely cap the extent of the US stock market relief rally on "Bloomberg Open Interest." (Source: Bloomberg)
Top Aluminum Makers Hike US Surcharge as War Disrupts Supply
Rio Tinto Group and Century Aluminum Co. hiked premiums on a key semi-processed aluminum product in the US by about 12% in recent weeks after the Iran war disrupted imports from the Middle East, according to people familiar with the matter.
Will the ceasefire have any impact on UK fuel and food prices?
Will the ceasefire have any impact on UK fuel and food prices?8 minutes agoShareSaveAdd as preferred on GoogleJemma CrewBusiness reporter EPA/ShutterstockImmediate, but temporary, relief. That's the initial economic response to news of a two-week ceasefire: stock markets across the globe rallied, while the price of crude oil plunged.But there is less optimism over how much this will feed through to people's finances, with fears long-lasting damage has already been set in motion.The las...
Uniqlo Is Coming For Middle America
On today’s Big Take Asia podcast, Uniqlo founder Tadashi Yanai takes Bloomberg’s Reed Stevenson to a store in Tokyo and explains why he’s betting big on America one more time. (Source: Bloomberg)
Delta Braces for $2 Billion Fuel Hit From Iran War
Delta Air Lines is preparing for a significant $2 billion impact on fuel costs due to the ongoing conflict involving Iran, which has led the airline to maintain a cautious stance and stick to its previous full-year financial outlook. Bloomberg's Siddharth Philip has more on "Bloomberg Open Interest." (Source: Bloomberg)
Councils working on policy for heating oil support
Councils working on policy for heating oil supportJust nowShareSaveAdd as preferred on GoogleNathan Briant,South of England andEllie Tutt,BBC Radio BerkshireGetty ImagesHeating oil is used by 3.6% of all households across the countryA decision by councils in Berkshire on how to distribute financial support for people reliant on heating oil will take some time despite government confirming extra aid.Prime minister Sir Keir Starmer announced last month that £53m will be distributed nationwide afte...