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Car finance payouts hang in the balance ahead of legal battle

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OnlyFans Valued at $3.15 Billion in Deal to Sell Minority Stake to Architect Capital

The parent company of OnlyFans, the porn-friendly creator site that rakes in billions of dollars in annual revenue, has sold a 16% stake to Architect Capital for $535 million. The deal announced by U.K.-based Fenix International Ltd., owner and operator of OnlyFans, gives the company a $3.15 billion valuation. The deal comes after the death […]

Jobs Surge As AI Stocks Wobble | Open Interest 5/8/2026

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Jobs jump, Hormuz tensions rise, and CoreWeave exposes the pressure behind the AI boom. Rick Rieder says stocks aren’t in a bubble, Joanne Hsu explains why consumers are still gloomy, Kevin Hassett rejects Treasury default talk, and top CEOs break down AI, giving, cyber, recycling, and the market rally. (Source: Bloomberg)

IMF's Executive Board approves $1.2 billion financing for Pakistan's reform programme

WASHINGTON: The International Monetary Fund’s (IMF) Executive Board on Friday approved the latest review of Pakistan’s reform programme, paving the way for the release of $1.2 billion in financing under the ongoing arrangements. In Islamabad, Finance Minister Muhammad Aurangzeb also confirmed the approval following the Board meeting in Washington, saying the decision reflects Pakistan’s continued progress on difficult but necessary economic reforms. The disbursement includes around $1 billion un...

TTV Dhinakaran of AMMK meets Governor, seeks invite for AIADMK govt

TTV Dhinakaran of AMMK meets Governor seeks invite for AIADMK govt

Venezuela’s Faulty Power Grid Risks Derailing Economic Comeback

Venezuela announced emergency measures to stabilize its power grid after electricity consumption hit a nine-year high this week, reviving memories of blackouts and rationing that once crippled the economy.

Bradesco BBI Sees Brazil IPO Rebound After Compass Debut

The successful initial public offering of Compass Gas e Energia SA, the first in Brazil in nearly five years, means the country’s equity capital markets have now reopened even as global volatility keeps a cap on the pace of new deals, according to Banco Bradesco BBI.

Labour paid £380m to stop Jaguar Land Rover leaving UK as fears of 33,000 job insecurity prompted action

Jaguar Land Rover could have moved car production out of Britain and cut thousands of jobs if the Government had not handed over a £380million subsidy for a new battery factory, according to newly released documents. Papers published by the Competition and Markets Authority revealed officials feared the UK car industry would be badly damaged if the deal collapsed. The Government announced the funding earlier this month for Agratas, Tata's battery business, which is building a huge electric vehic...

देश में बढ़ने वाले हैं पेट्रोल-डीजल के दाम? हर लीटर पर सरकार-कंपनियों पर इतना बढ़ा भार

ECB Is ‘Highly Vigilant’ to Rising Inflation Risks, Nagel Says

The European Central Bank is “highly vigilant” to rising inflation risks due to the Iran war and will act as needed to prevent higher energy costs spilling over into prices more broadly, Governing Council member Joachim Nagel said.

$100,000 CD vs. $100,000 high-yield savings account vs. $100,000 money market account: Here's which will earn more interest now

MoneyWatch: Managing Your Money $100,000 CD vs. $100,000 high-yield savings account vs. $100,000 money market account: Here's which will earn more interest now 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 manag...

London stocks drift lower as Middle East tension simmers

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UK borrowing costs fall and pound rises as Starmer says he will remain as PM

Bond yields drop as market fears ease that Labour leader will be replaced by a more leftwing rival Elections 2026 – live updatesBusiness live – latest updatesUK government borrowing costs fell and the pound rose on Friday as Keir Starmer vowed to remain as prime minister despite the Labour party losing hundreds of council seats across England.Investors calculated that some of the intense pressure on Starmer’s leadership had eased, as Labour appeared on track for a smaller losses than election ex...

Scams Are Booming. The Latest Numbers, And How To Protect Yourself

MoneyTaxesEditors' PickScams Are Booming. The Latest Numbers, And How To Protect YourselfAccording to the FTC, fraud losses hit $15.9 billion in 2025. Imposter scams led in sheer number of reports, but investment scams caused the steepest financial damage.ByKelly Phillips Erb,Senior Writer. Kelly Phillips Erb is a Forbes senior writer who covers tax.Follow AuthorMay 08, 2026, 11:53am EDT@font-face{font-family: "Schnyder"; src: url("https://i.forbesimg.com/assets/fonts/schnyders/schnyders-bo...

New jobs data beats expectations but unemployment rate remains concerning

The U.S. added 115,000 jobs in April, but some data remains concerning. CBS News' Kelly O'Grady reports.

Waste Industry Is Recession-Resilient: Republic Services

Republic Services CEO Jon Vander Ark joined Bloomberg Open Interest to break down why the waste industry thrives even in downturns. He calls it “recession-resilient” with strong margins. He reveals a major $500M bet on advanced recycling that turns plastic back into new bottles. Plus, why AI will be the true game-changer for the future of waste management. (Source: Bloomberg)

Baby dies in Manchester home as woman arrested on suspicion of child neglect

Greater Manchester Police said a 25-year-old woman had been arrested on suspicion of child neglect after officers were called to reports of a concern for welfare on Platt Lane in Fallowfield yesterday

Petrol, diesel prices to be increased before May 15: Sources

Petrol diesel prices to be increased before May Sources

Bank of Russia lowers dollar rate for May 9-12 to 74.3 rubles

The official euro exchange rate was increased by 65.93 kopecks to 88.549 rubles

Will rupee continue its free fall against US dollar or recover?

The Indian rupee is facing significant pressure, weakening against the US dollar due to soaring crude oil prices driven by Middle East geopolitical tensions and persistent foreign fund outflows. Despite India's robust economic growth, the currency's slide continues as the Reserve Bank of India intervenes to curb volatility rather than target a specific exchange rate.