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Retired and sued for debt? Here's what creditors can (and can't) take
MoneyWatch: Managing Your Money Retired and sued for debt? Here's what creditors can (and can't) take 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...
5% is New 4% in Era of Higher Yields, Says Guneet Dhingra
A new era of elevated borrowing costs is potentially underway as war-driven inflation angst intensifies in the US bond market, sending 30-year yields toward a two-decade high above 5%. Guneet Dhingra, Head of US Rates Strategy at BNP Paribas, discusses the recent yield surge and why 5% may become the new 4%. (Source: Bloomberg)
Few Foreign Ships Seen in Hormuz Amid Reports of Iran’s Insurance Plan
The Strait of Hormuz remains effectively closed to commercial shipping, with maritime traffic reduced to a trickle and dominated by Iranian-linked vessels. There were few notable foreign-affiliated movements amid reports of Iran’s Bitcoin-backed insurance program for shipping companies willing to transit the waterway.
Banksy expected to break records with never-before-seen $18M artwork that critics have dubbed his 'Mona Lisa'
Banksy expected to break records with never-before-seen $18M artwork that critics have dubbed his 'Mona Lisa'Have YOU got a story? Email tips@dailymail.comSign up for our Spotlight newsletter, direct from our Showbiz expert Katie Hind - and we'll also send you an eye-opening exclusive article revealing the 20 rudest celebrities she's ever met. Get it HERE By MELODY FLETCHER Published: 15:31, 18 May 2026 | Updated: 16:19, 18 May 2026 e-mail 118 View comments
Ryanair Gains on Narrower Net Loss; Regeneron Melanoma Trial Failure | Stock Movers
On this episode of Stock Movers with Alexis Christoforous: - NextEra Energy (NEE) agreed to pay about $67 billion in stock for Dominion Energy (D) in the biggest power acquisition ever, creating a giant utility extending from Florida to the data centers clustered in Virginia. The deal would give NextEra a swathe of electricity assets stretching across Virginia and the Carolinas. - Ryanair (RYAAY) gains as it delivered a decent end to the year, but flagged impact ahead from rising costs. The air...
Shein To Acquire Everlane For $100 Million
BusinessRetailShein To Acquire Everlane For $100 MillionByClara Ludmir,Contributor.Forbes contributors publish independent expert analyses and insights. Clara covers consumer brands shaping tomorrow's retail landscape.Follow AuthorMay 18, 2026, 11:14am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Shein to acquire a majority stake in EverlaneImage generated by AIOnline fast-fashion retailer Shein is said to be acquiring...
Reeves poised to cancel planned fuel duty rise to help with cost of living
Chancellor has been under pressure to extend 5p temporary cut at an estimated cost to government of £2.4bn a yearUK politics live – latest updatesRachel Reeves is planning to cancel a rise in fuel duty this week when she unveils a package of measures to reduce the cost of living.The chancellor will announce she will not put up the tax by 1p as was due to happen in September, government sources said, and she could cancel all of a 5p rise that is due to happen in stages over the subsequent six mon...
Zambia Seen Reaping Record Corn Harvest, Bringing Gains and Risk
Zambia’s staple corn harvest will exceed 4.1 million tons this year, according to the country’s millers association, a second straight record that could help cool inflation but also poses fiscal risks.
Can bankruptcy stop Social Security garnishment?
MoneyWatch: Managing Your Money Can bankruptcy stop Social Security garnishment? 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 writes and edits art...
Two men arrested over stunt at enclosure of famed monkey Punch
Two men arrested over stunt at enclosure of famed monkey Punch13 minutes agoShareSaveAdd as preferred on GoogleAmy WalkerGetty ImagesThe abandoned baby macaque went viral online after being spotted hugging a stuffed toyTwo US nationals have been arrested after one jumped into the enclosure of a monkey at a Japanese zoo who went viral online while the other filmed the stunt, police have said.One of the men, who claimed to be a 24-year-old college student, is accused of scaling a fence to gain acc...
‘Waiver or no waiver’: 6 reasons why India will continue to buy Russian crude
The Donald Trump administration may have allowed the sanctions waiver on Russian crude to expire on May 16, but India has made it clear that it will continue to procure oil from Moscow. The sanctions waiver by the US enabled countries such as India to continue purchasing Russian crude transported by sea.
Target Lost Its ‘Tar-zhay.’ Wellness May Bring It Back
BusinessRetailTarget Lost Its ‘Tar-zhay.’ Wellness May Bring It BackByPamela N. Danziger,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market.Follow AuthorMay 18, 2026, 10:45am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.SummaryAfter a multi-year revenue slide and losing its unique appeal, Target is strategically p...
What is Iran’s ‘Hormuz Safe’, insurance platform for Strait of Hormuz shipping
Iran has introduced 'Hormuz Safe', a digital insurance platform. Commercial ships can now use this system to pass through the Strait of Hormuz. Payments are accepted in cryptocurrency like Bitcoin. This initiative aims to manage the waterway commercially. It is expected to generate significant revenue for Iran. The platform ensures secure cargo transits through cryptographic verification.
Lululemon Fires Back At Founder Chip Wilson In Turnaround Battle
BusinessRetailLululemon Fires Back At Founder Chip Wilson In Turnaround BattleByMark Faithfull,Contributor.Forbes contributors publish independent expert analyses and insights. Mark Faithfull is London-based and covers retail and real estate Follow AuthorMay 18, 2026, 10:38am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Chip Wilson, founder of Lululemon Athletica Inc., sis at loggerheads with his former business. Photog...
Kenyan Fund Manager Spearhead Plans to Raise $116 Million for Projects Fund
Spearhead Africa Asset Management Ltd., a Kenyan fund manager, plans to raise 15 billion shillings ($115.9 million) and make the money available to infrastructure developers in the form of long-term loans denominated in local currency.
NextEra to Buy Dominion to Form Power Giant
Joe Kaiser, the CEO of Switchyard Partners, joined Bloomberg Open Interest to explain why the massive NextEra, Dominion merger is really about powering the AI boom. He breaks down how hyperscale data centers are reshaping the US energy grid, why regulators will likely approve the deal, and why renewable energy plus natural gas will define the next era of AI infrastructure. (Source: Bloomberg)
Blue Owl Fund Returns to Market With $400 Million Bond Offering
A Blue Owl Capital Inc. private credit fund returned to the bond market on Monday with a $400 million offering, about a month after completing another $400 million debt sale that helped ease worries over the fund’s ability to access capital.
Transport Secretary to confirm HS2 could cost eye-watering £100billion despite being scaled back several times - the equivalent of £1billion a mile and triple the original price tag
Transport Secretary to confirm HS2 could cost eye-watering £100billion despite being scaled back several times - the equivalent of £1billion a mile and triple the original price tagBy DAVID CHURCHILL Published: 15:03, 18 May 2026 | Updated: 15:03, 18 May 2026 e-mail View comments
What are today's mortgage interest rates: May 18, 2026?
MoneyWatch: Managing Your Money What are today's mortgage interest rates: May 18, 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 write...
Why Oil Hasn’t Hit $150—Yet
BusinessEnergyWhy Oil Hasn’t Hit $150—YetByRobert Rapier,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector.Follow AuthorMay 18, 2026, 09:52am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.TOPSHOT - In this picture obtained from Iran's ISNA news agency on May 4, 2026, vessels are pictured anchored in the Strait of Hormuz...