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Why the Price of Oil, Beef, Electricity, and Everything Else Makes No Sense | Odd Lots
Whether it's the price of a barrel of Brent crude or a pound of beef, it's clear prices are skyrocketing for all kinds of goods and commodities. Price shocks and shortages are, if anything, the way consumers understand the economy right now — at the grocery store or at the gas pump. We have not one but two perfect guests to talk to us today, our favorite commodity specialists: Bloomberg Opinion columnist Javier Blas and Lorcan Roche Kelly, the business editor at Irish Farmers Journal. Today's ep...
UAE sets monthly salary deadline for private sector from June 1
The Ministry of Human Resources and Emiratisation (MOHRE) has issued a new rule requiring private sector companies to pay employee salaries on the first day of every month beginning June 1, 2026, as part of efforts to strengthen wage protection and labour compliance.Under Ministerial Resolution No. 340 of 2026, salaries for the previous month must be transferred through the approved Wage Protection System (WPS) or any other payment systems authorised by the ministry. Any payment made after the d...
Salma Hayek to host Serpentine Summer Party in London alongside two Oscar-winning directors
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Trump’s cryptic Gulf map with red arrows at Iran sparks fresh war fears
US President Trump has ignited controversy by tweeting a provocative map aimed at Iran, declaring that 'the clock is ticking' in reference to potential military engagement. This revelation comes on the heels of his discussions with Israeli PM Netanyahu, signaling escalating tensions.
'Unhe Fortuner chahiye thi': Kin claim Noida woman beaten, thrown off terrace over dowry
A 24-year-old woman in Greater Noida allegedly died after being thrown from her house terrace, with her family accusing her husband and in-laws of dowry harassment. The family claims she was beaten and injured with a sharp object before being pushed to stage an accident. Police are investigating the incident.
Perfect Crown’s IU And Byeon Woo Seok Apologizes For Series’ Historical Inaccuracies
BusinessHollywood & EntertainmentPerfect Crown’s IU And Byeon Woo Seok Apologizes For Series’ Historical InaccuraciesByLaura Sirikul,Contributor.Forbes contributors publish independent expert analyses and insights. Laura Sirikul is a L.A.-based reporter covering film/TV and music.Follow AuthorMay 18, 2026, 04:02am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.SEOUL, SOUTH KOREA - APRIL 6: Byeon Woo-seok and IU attend the...
CM Afridi seeks PM's intervention on CNG crisis in KP, warns of possible 'widespread agitation'
PESHAWAR: Khyber Pakhtunkhwa Chief Minister Sohail Afridi on Monday sought Prime Minister Shehbaz Sharif’s intervention on an ongoing CNG crisis in his province, warning that the shortage was setting the stage for “widespread agitiation” across KP. The province has been affected by a compressed natural gas (CNG) crisis since April with several filling stations shut and millions of citizens struggling for affordable fuel. The situation has also negatively impacted the economic activity in the pro...
Flyers from angry Meta staff appear in meeting rooms and toilet: Here's what they say
Meta employees are protesting the company's new mouse-tracking software, the Model Capability Initiative (MCI), with flyers in US offices and a petition citing the National Labor Relations Act. The tool records keystrokes, clicks and screenshots to train Meta's AI agents—just days before the May 20 layoffs cutting 8,000 jobs. UK staff have also launched a unionisation drive with United Tech and Allied Workers.
Alex Carera interview: How Tadej Pogacar's agent has helped transform cycling's contractual landscape
It’s a rest day at the Giro d’Italia today. While race leader Afonso Eulálio and the rest of the riders still left in the race sleep in before eventually going for a gentle two-hour recovery spin, those in suits meeting in hotel bars are getting down to business. Some riders need new homes; others need improved contracts. Plenty of deals need to be made.Advertisement
Starmer to fight on with no timetable for departure, Lammy says
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UniCredit Says Euro Stocks Resilient Despite US IPO Draw
UniCredit’s Global Head of Equity Capital Markets, Silvia Viviano, assessed potential global impacts of major US IPOs like SpaceX, predicting temporary liquidity drain but long-term benefits for European issuance if those deals succeed. Viviano speaks with Anna Edwards, Guy Johnson on 'Bloomberg: The Opening Trade. (Source: Bloomberg)
How women in Morocco are turning desert fog into drinking water
In the drought-ridden Anti-Atlas Mountains of Morocco, women have adopted fog-harvesting technology to extract potable water from clouds that pass over the fringes of the Sahara Desert. In the villages surrounding Ait Baamrane, a lack of water sources, desertification, climate change, and the drying up of wells previously made it necessary for women and children to spend hours each day fetching water in large containers.
There’s An Ebola Outbreak. Here’s What Could Happen Next, From A Doctor
InnovationHealthcareThere’s An Ebola Outbreak. Here’s What Could Happen Next, From A DoctorByJesse Pines,Contributor.Forbes contributors publish independent expert analyses and insights. Jesse Pines is an expert in healthcare innovation and wellness.Follow AuthorMay 18, 2026, 04:00am EDTA colorized electron microscope image of the Ebola virus. The WHO has declared the Bundibugyo strain — for which no approved vaccine or treatment exists — a global health emergency after cases emerged in the Demo...
Odd Lots: Why the Price of Oil and Beef Makes No Sense (Podcast)
Whether it’s the price of a barrel of Brent crude or a pound of beef, it’s clear prices are skyrocketing for all kinds of goods and commodities. Price shocks and shortages are, if anything, the way consumers understand the economy right now — at the grocery store or at the gas pump. Certainly, current (and future) shocks can be explained by the closure of the Strait of Hormuz. But the environment is weirder than just across the board price increases: The price of corn has barely moved, for insta
UAE travel update: Turkish Airlines to resume Istanbul–Dubai flights from June 8
Dubai: Turkish Airlines has announced the resumption of its Istanbul–Dubai services starting June 8, restoring a key air link between Turkey and the UAE.Get updated faster and for FREE: Download the Gulf News app now - simply click here. In a statement shared on social media, Turkish Ambassador to the UAE Lutfullah Goktas said Turkish Airlines was “meeting in the skies over the United Arab Emirates in June” and expressed excitement over reconnecting with passengers in the country.“We are delight...
‘Fit lag raha hu na’: Dhoni trains with NSG as CSK fans wait for Chepauk return
MS Dhoni's visit to the NSG Hub, showcasing his fitness and shooting skills, coincides with a high-stakes IPL 2026 match for CSK. With Dhoni sidelined by injury and speculation rife about his final Chepauk appearance, fans anticipate an emotional farewell, regardless of his playing status. The team's playoff hopes hinge on upcoming wins.
Europe should pick negotiator for possible Russian talks, says Zelenskyy – Europe live
Ukrainian president says Europe must ‘have a strong voice and presence’ amid search for candidate who could lead any talks with PutinUkraine’s president Volodymyr Zelenskyy suggested last night that the time has come for Europe to pick its preferred negotiator for eventual peace talks with Russia.After talking with the European Council president, António Costa, Zelenskyy said they agreed that “Europe must be involved in the negotiations,” and to “have a strong voice and presence in this process....
Cole Palmer has already told Xabi Alonso who is the 'best' current Chelsea player
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Leaked 'Cypher' Spotlights US Role In Pakistan Ex-PM Imran Khan's Ouster
The former Pakistani Prime Minister has repeatedly claimed that the United States has conspired with Pakistan's opposition parties to remove him because of his independent foreign policy and refusal to fully align with Washington against Russia and C
Recruiter Hays appoints Mark Dearnley as chief executive
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