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Treasury Department prepares $250 bill with Trump's face on it
News Treasury Department prepares $250 bill with Trump's face on it May 28, 20264:36 PM ET Deepa Shivaram US Secretary of Treasury Scott Bessent shows a proposed $250 bill featuring President Donald Trump during a press briefing in the Brady Briefing Room of the White House in Washington, DC. KENT NISHIMURA/AFP via Getty Images hide caption toggle caption KENT NISHIMURA/AFP via Getty Images President Trump's face could soon appear on a $250 bill as part of the Trump administration's celebration...
Hormel Foods Shares Rise on Strong Q2 Earnings
Hormel Foods reported adjusted earnings per share and organic sales for the second quarter that exceeded analyst expectations, driving a notable increase in its stock price. John Ghingo, President of Hormel Foods, discussed the company's ongoing turnaround plan and its positive impact on results. He speaks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)
Looking for a low mortgage interest rate? Pay attention to these 3 June dates
MoneyWatch: Managing Your Money Looking for a low mortgage interest rate? Pay attention to these 3 June dates 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...
Police fury as pension lump sums cut by nearly 5 per cent under new rules
Police officers across England and Wales have reacted angrily after new pension regulations reduced retirement lump sum payments by close to five per cent.The changes came into effect on May 22 and affect officers retiring under the 1987 Police Pension Scheme.Under the revised calculations, officers retiring now are receiving substantially lower lump sum payments than colleagues who left the force days earlier despite giving up the same level of monthly pension income.The 1987 Pension Scheme is...
Iconic fashion firm delays Net Zero target by decade amid huge scale back of climate ambitions
Burberry has delayed its Net Zero emissions target by 10 years after the luxury fashion brand revised its climate commitments in its latest annual report.The Ftse 100 company confirmed it now expects to achieve Net Zero emissions by "no later" than the 2049/50 financial year.The British fashion house had previously pledged to reach the target during the 2039-40 financial year.Burberry said the revised timetable reflected a "pragmatic response to external factors" while maintaining what it descri...
Why History Will Not Care About The SpaceX IPO Valuation
InnovationScienceWhy History Will Not Care About The SpaceX IPO ValuationByCharles Beames,Contributor.Forbes contributors publish independent expert analyses and insights. I write about the future of the commercial space industry.Follow AuthorMay 28, 2026, 03:40pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.SpaceX’s Starship V3 lifts off on its test flight, marking a major milestone in the company’s next-generation lau...
Canada Fintechs Wealthsimple, Questrade to Offer Pre-IPO Access
Canadian online brokerages Wealthsimple and Questrade Inc. are joining a wave of companies promising to offer access to firms planning initial public offerings, as startup funding rounds heat up.
When's the cheapest time of year to buy a new furnace or AC?
Sponsored MoneyWatch: Managing Your Money When's the cheapest time of year to buy a new furnace or AC? 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 sh...
What Medicine Taught Me About Financial Planning: Applying A Medical Standard Of Care To Your Financial Life
BusinessWhat Medicine Taught Me About Financial Planning: Applying A Medical Standard Of Care To Your Financial LifeBy Patti Brennan,Forbes Books Author.for Forbes BooksAUTHOR POSTExpertise and opinions of authors published by ForbesBooks. Imprint operated under license. | Paid ProgramMay 28, 2026, 03:23pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.The financial services industry needs a genuine standard of care compa...
Very Bifurcated Market in High Yield: Pimco's Forgash
David Forgash, managing director and head of leveraged finance at Pimco, joins Dani Burger on "Bloomberg ETF IQ." They speak at the Goldman Sachs Annual Leveraged Finance Conference in Dana Point, California. (Source: Bloomberg)
Drilldown: AdvisorShares Psychedelics ETF
Dan Ahrens, CIO & portfolio manager at AdvisorShares, joins Katie Greifeld and Eric Balchunas on "Bloomberg ETF IQ." They discuss the AdvisorShares Psychedelics ETF (ticker: PSIL). (Source: Bloomberg)
Major UK engineering firm collapses into administration – 200 airport jobs at risk
Major UK engineering firm collapses into administration – 200 airport jobs at riskThe business has become a major local employer in the decades since it was founded in 1969. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Eleanor Burleigh 20:03, Thu, May 28, 2026 Updated: 20:09, Thu, May 28, 2026 The Scotland-based business has been operating for over 50 years (Image: Getty)A UK-based engineering company h...
196 days, 7 countries, 23 ports: Cocaine ship’s Brazil-India journey
AHMEDABAD: The cargo vessel, MV Europe, from which Gujarat Anti-Terrorist Squad (ATS) and the Indian Coast Guard seized 115kg of cocaine worth Rs 1,150 crore near Mundra port, had spent nearly 196 days traversing oceans. It made 40 recorded stops at 23 ports across seven countries before India’s biggest maritime anti-narcotics operation ended its journey.
‘Hundreds of job applications’: young people on their struggle to find work
Job seekers say the lack of opportunities has affected their mental health and left them fearing for the futureWhen Catherina finished her degree in digital film production in London, she thought her prospects of finding work were good, but she has found the jobs market tough. Continue reading...
Kalshi Adds Index Tracking Republican, Democratic Power Shifts
Kalshi Inc. launched an index that tracks the changing balance of power in US politics, the first product the prediction-market platform has created beyond its popular event contracts.
Chevron CEO Wirth warns oil prices likely to rise as Iran war hits supplies
Blockade in Strait of Hormuz has removed up to 13mn barrels a day from global markets and drawn down ‘shock absorbers’
Pimco Says Junk Debt for Data Centers Diverging Into Two Markets
Pacific Investment Management Co.’s leveraged finance chief urged investors to be cautious with the high-yield debt that finances data centers, where winners and losers are starting to emerge as issuance booms.
Jefferies Sued by Fund Investors Over ‘Massive’ Water Bond Fraud
Jefferies Financial Group Inc. has been hit with an investor class action lawsuit over bond purchases made by its 352 Capital fund in a water vending machine firm that federal prosecutors have called a scam.
UK brewery plunges into administration – in business for 16 years
UK brewery plunges into administration – in business for 16 yearsThe closure is another hit to Britain's hospitality sector. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Laura Zilincanova 19:35, Thu, May 28, 2026 Updated: 19:35, Thu, May 28, 2026 A UK brewery in North London has collapsed into administration (Image: Getty)A UK brewery in north London has collapsed into administration, according to a not...
FBI seizes record-setting $8 billion in cryptocurrency amid intercontinental 'scam compound' crackdown
FIRST ON FOX — The FBI says it has seized a record-setting $8 billion in cryptocurrency and arrested hundreds of suspects as part of an intercontinental crackdown on "scam compounds" and organized crime, including one group known as the "Democratic Karen Benevolent Army."They have been blamed for a global wave of theft from Americans, including as much as $3 million from a single U.S. citizen who fell victim to an online scam. The FBI confiscated more than 127,000 bitcoin during the arrest of on...