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Rexel CEO Sees More Deals in Wake of Revere Acquistion in US
French electrical equipment distributor Rexel SA plans to make more bolt-on acquisitions in countries such the US and Canada to tap a boom in data centers and manufacturing, after announcing its 16th deal in North America since 2020.
US inflation hits three-year high of 3.8%, driven up by surging energy costs
US inflation hits three-year high of 3.8%, driven up by surging energy costsJust nowShareSaveAdd as preferred on GoogleArchie MitchellBusiness reporterGetty ImagesUS prices rose in April at their fastest rate since May 2023 as the impact of the war in Iran was increasingly felt by consumers.A jump in the cost of gasoline and groceries pushed the consumer price index (CPI), the amount prices jumped by in the past 12 months, to 3.8%.It is the highest level since inflation hit 4% three years ago.Th...
Inflation Approached 3-Year High In April As Energy Prices Soared
BreakingBusinessInflation Approached 3-Year High In April As Energy Prices SoaredByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorMay 12, 2026, 08:40am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineInflation rose steadily in April as soaring energy prices once again ballooned consumer prices, according to federal data released Friday, the latest report showcasing th...
US inflation jumped to 3.8% in April as war with Iran continues to drive up prices
Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023Sign up for the Breaking News US newsletter emailUS inflation jumped to 3.8% in April as the war in the Middle East continued to drive energy prices and everyday costs for Americans.Prices rose 3.8% over the last year, according to the data from the Bureau of Labor Statistics, the highest jump since 2023. Continue reading...
Inflation jumps to its highest level since 2023. Here are 3 things costing a lot more
Economy Inflation jumps to its highest level since 2023. Here are 3 things costing a lot more May 12, 20268:36 AM ET Heard on Morning Edition Scott Horsley Inflation jumps to its highest level since 2023. Here are 3 things costing a lot more Audio will be available later today.
Inflation rose 3.8% in April, highest level since 2023
MoneyWatch CPI surged in April as inflation soars to highest level since 2023 .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham May 12, 2026 / 8:35 AM EDT / CBS News Add CBS News on Google Inflation ac...
EBay rejects GameStop's $55.5 billion takeover bid
MoneyWatch EBay rejects GameStop's $55.5 billion takeover bid, calling it "neither credible nor attractive" .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Cons...
Sick note Britain: More than 10 million signed off work as absence crisis grips UK
Britain lost almost 149 MILLION working days to sickness last year as more than 10 million people were signed off work as “not fit for work”, new figures reveal.Data published today by the Office for National Statistics found 148.8 million working days were lost because of sickness or injury in 2025 - almost 10 million higher than before the pandemic.Workers lost an average of 4.4 days each during the year, unchanged from 2024 but still above 2019 levels.Women, older workers, people with long-te...
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Ticket checker offers Vande Bharat ticket worth Rs 700 for Rs 380, Railways reacts
Ticket checker offers Vande Bharat ticket worth Rs for Rs Railways reacts
Marston’s pins hopes on pub revamps and World Cup
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Russia does not view energy crisis as solution to budgetary problems — Novak
Alexander Novak added that growing energy export prices are strengthening the ruble, which partially offsets the positive effect on the Russian budget
Ed Yardeni Boost S&P Target Amid ‘Unprecedented’ Earnings Expectations
Edward Yardeni, president at Yardeni Research, examines “extraordinary” first-quarter earnings results as he boosts his year-end target for the S&P 500 to 8,250. He discusses the role of the consumer in driving economic resilience and says he’s “not getting freaked out” by the current level of bond yields. (Source: Bloomberg)
Shares of eBay take off on a $56 billion buyout bid from GameStop's Ryan Cohen
Shares of eBay are soaring before the opening bell after Ryan Cohen's GameStop announced an attempt to take over the company for about $56 billion, seeing it as a vehicle to compete with online retail giant Amazon
Despite improved macroeconomic stability in first half of FY26, war in Middle East poses significant risks to outlook: SBP
While macroeconomic stability improved in the first half of fiscal year 2026, the war in the Middle East poses risks to the economic outlook amid heightened uncertainty, the State Bank of Pakistan (SBP) said on Tuesday. The SBP released its Half Year Report 2025-26 (The State of Pakistan’s Economy) on Tuesday, showing that Pakistan’s macroeconomic stability strengthened in the first half of the fiscal year despite headwinds from uncertainty regarding global trade and domestic floods. However, th...
Carillion finance directors fined and banned by accountancy watchdog
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Jewellery Stock Crash: फिर क्रैश हुए ये 5 शेयर, गोल्ड पर PM मोदी की दोहरी अपील से सहमे
Jewellery Stock Crash PM
Why China’s fashion company that made Zara, H&M change strategy has sued home rival Temu
Fast-fashion giants Shein and Temu are embroiled in a London High Court lawsuit, with Shein accusing Temu of widespread copyright infringement. Temu denies the claims and has filed a counterclaim, alleging Shein is stifling competition.
UK flight cancellations increase amid high cost of jet fuel
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Spain increased imports of Russian LNG from January to April 2026
Russia became the kingdom’s third-largest gas supplier after the United States and Algeria