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Japan’s Finance Chief Pledges Bold Action for Weak Yen as Needed
Japan’s Finance Minister Satsuki Katayama indicated her resolve to intervene in a foreign exchange market to prop up the yen as needed as her Group of Seven counterparts understand the nation’s stance.
A teen umpire tossed a baseball coach in a now-viral video. Here's his side of the story
You may have seen the recent viral video from a youth recreational league baseball game in Potlatch, Idaho, in which a teenaged umpire named Jameson Morris was confronted by the head coach of one of the teams, who was upset about the music the opposing team was playing (Rob Zombie’s “Never Gonna Stop”).Advertisement
NS&I to contact bereaved families owed £367m after missing savings scandal
The bank’s interim chief executive says ‘this issue should never have happened’, but warns it may take time to process claimsNational Savings and Investments bank will start to contact thousands of families affected by a missing savings scandal next week, as it confirmed how much they are owed.In March, the chief executive of the state-backed bank was forced out after it emerged there had been long-running problems with the tracing of accounts belonging to customers who had died. Continue readin...
Govt invites expressions of interest for sale of three major Discos
ISLAMABAD: The Privatisation Commission on Tuesday invited expressions of interest (EOIs) from local and international investors for the much-delayed sale of three of the country’s most viable electricity distribution companies (Discos). The deadline for submitting EOIs for the partial or full sale of the Discos falls in the first quarter of the next fiscal year. The three companies are Faisalabad Electric Supply Company (Fesco), Gujranwala Electric Power Company (Gepco), and Islamabad Electric...
How AI is Already Reshaping the Workforce | Open Interest 5/19/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Wall Street's chipmaker trade unravels. AI reshapes workforces from Meta to Standard Chartered, while Home Depot sales miss as high borrowing costs hit consumers. Plus, JPMorgan’s David De Boltz on the AI debt boom, McLaren CEO Zak Brown on racing’s Triple Crown, and Williams CEO Chad Zamarin on natural gas powering the AI future. Correction: Corrects attribution of video used in show (Source: B...
Billionaire Trump donor in line to make millions from Thames Water bid
Paul Singer is founder of a leading creditor in the hedge fund consortium locked in talks with the UK governmentA billionaire Donald Trump donor could make millions from a deal being struck between the government and Thames Water.The UK’s largest water company, ministers and creditors are locked in a stalemate as they try to agree a rescue deal to stave off Thames’s collapse. The water company built up a £17.6bn debt pile in the decades after its privatisation. Continue reading...
Slow Data Center Hookups Offer Summer Relief for US Power Grids
Key grids across the US have lowered their summer demand forecasts to reflect the slower-than-anticipated pace of data centers and other large connections, potentially helping avoid heat-related blackouts and energy shortages in the coming months.
Trades of Eli Lilly shares were made on Trump’s behalf as drugmaker benefitted from his policies
Filings reveal $220m to $750m in trades on US president’s behalf in first quarter of 2026, including securities linked to largest US companiesHundreds of thousands of dollars was invested in Eli Lilly on Donald Trump’s behalf earlier this year, according to financial disclosures, as the US drugmaker benefited from his administration’s bid to expand access to blockbuster obesity treatments.Ethics filings revealed several thousand trades on the US president’s behalf tied to stocks and bonds in the...
New Research Finds ICE Immigration Raids Harm The Economy
LeadershipLeadership StrategiesNew Research Finds ICE Immigration Raids Harm The EconomyByStuart Anderson,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Stuart Anderson writes about immigration, business and globalization.Follow AuthorMay 19, 2026, 12:36pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Immigration and Customs Enforcement officers question a man's status on Lake St...
German EV Subsidies Begin And China Could Be A Big Winner
InnovationTransportationGerman EV Subsidies Begin And China Could Be A Big WinnerByNeil Winton,Senior Contributor.Forbes contributors publish independent expert analyses and insights. U.K.-based Neil Winton covers the European Auto industry.Follow AuthorMay 19, 2026, 12:24pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Skoda Elroq.gettyGermany’s electric vehicle subsidy program started Tuesday with up to $7,000 availabl...
Supermarkets urged to limit food prices by government
Supermarkets urged to limit food prices by governmentJust nowShareSaveAdd as preferred on GoogleSimon JackGetty ImagesUK supermarkets are being urged by the government to limit food prices in return for easing regulations, the BBC understands.It is thought any price caps would be voluntary and apply to key groceries – such as eggs, bread, and milk - according to retail industry sources with knowledge of the plans.In exchange, the Treasury may ease packaging policies and potentially delay rule ch...
Bloomberg Surveillance 5/19/2026
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)
US Consumer Navigating Shocks 'Remarkably Well,' Says Michelle Meyer
Elevated energy prices have stoked inflation fears, raising the risk that the Federal Reserve and other central banks may need to keep rates elevated. Michelle Meyer, Chief Economist and Head of the Economics Institute at Mastercard, discusses how the consumer is faring amid an increasingly uncertain economic picture, especially as summer travel picks up. (Source: Bloomberg)
New York hotel workers union reaches deal to avoid strike ahead of World Cup
Eight-year contract between union and hospitality industry group will boost pay of hotel housekeepers to over $100,000A deal between a New York hotel union and an hospitality industry group is set to boost the earnings of hotel housekeepers to more than $100,000, as part of a pact to avoid threatened strike action during the Fifa World Cup beginning in June.The eight-year contract agreement between the Hotel and Gaming Trades Council – representing 27,000 hotel workers – and the Hotel Associatio...
Williams CEO Sees Gas Demand Outpacing Past Years on Powering AI
Demand for US natural gas is set to rise in the next 10 years more than it did for the past 15 years amid growing power needs from data centers supporting artificial intelligence and a global push for energy security, according to the head of Williams Cos.
Unified RERA portal launched: What it means for buyers, project transparency
A new unified RERA portal now centralises real estate project information nationwide, offering homebuyers unprecedented transparency and ease of access. Buyers can now verify project registrations, builder compliance, and complaint statuses on a single platform, simplifying the purchasing process and reducing reliance on builder claims. This initiative aims to streamline data and empower consumers.
BPCL Turns to Spot Crude as Iran Conflict Disrupts Term Supplies
India’s Bharat Petroleum Corp. Ltd. has largely shifted to making spot crude purchases as the Iran war upends annual arrangements for Middle Eastern barrels, highlighting challenges for refiners to secure supplies.
Why Financial Distress Doesn’t Mean A Nonprofit Is Broken, Just Undercapitalized
BusinessWhy Financial Distress Doesn’t Mean A Nonprofit Is Broken, Just UndercapitalizedByRyan Dewey Smith,Forbes Books Author.for Forbes BooksAUTHOR POSTExpertise and opinions of authors published by ForbesBooks. Imprint operated under license. | Paid ProgramMay 19, 2026, 11:35am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Most nonprofits haven’t professionalized their business acumen.gettyThe 2025 National State of t...
Treasury Yields Hit Highest Level Since 2007—Here’s Why Analysts Worry About U.S. Debt
BreakingBusinessTreasury Yields Hit Highest Level Since 2007—Here’s Why Analysts Worry About U.S. DebtByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorMay 19, 2026, 11:30am EDTToplineLong-term Treasury yields hit their highest level since the global financial crisis in 2007 on Tuesday, highlighting broader investor concerns about inflation and fiscal policy in the U.S., as some analysts anticipate a steeper selloff for bonds. The U.S. national deb...
'Was an hour away': Trump on halting planned military attack on Iran
US President Donald Trump revealed the United States was hours from striking Iran, with warships ready, before a diplomatic opening prompted a pause. He warned of further "big hits" if negotiations fail, but Gulf leaders urged him to hold off. Iran's army countered by threatening to "open new fronts" if strikes resume.