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US Initial Jobless Claims Up Slightly, Continuing Claims Near Two-Year Low
Applications for US unemployment benefits rebounded slightly, rising by 10,000 to 200,000 in the week ended May 2. Continuing claims fell to 1.77 million in the previous week, a new two-year low. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
BASF Coatings’ €3.9 Billion Debt Deal Lures Threefold Demand
A debt package for the auto paint and finishing division of European chemicals firm BASF SE drew demand of over three times the deal’s size, as investor interest in the troubled sector starts to revive after months in the doldrums.
Amazon Sees ‘Strong’ Upfront Market, Despite Signals of Caution
Many advertising executives say it’s too early to figure out whether the annual “upfront” sales season will be robust for video companies. Alan Moss thinks he’s already in the moment. “The upfront market is strong this year,” says Moss, vice president of global sales for Amazon Ads, during a recent interview. There may be some […]
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Greece submits plan to EU to fully phase out Russian gas by end of 2027
The commitment stems from the EU’s RepowerEU strategy, through which the bloc seeks to fully end energy ties with Moscow
UK construction firms face sharpest rise in costs in nearly 30 years
Iran war is driving up prices for fuel and raw materials, says survey Business live – latest updatesConstruction companies in the UK are experiencing some of the sharpest cost rises in nearly 30 years as the war in Iran drives up prices for fuel and raw materials, according to a closely watched survey.The poll of UK construction companies found that input cost inflation – which accounts for expenses such as raw materials, energy and labour – rose last month to the highest level since June 2022 w...
Apple agreed to a $250 million settlement. Here's how you could get some of your money back.
If you bought an iPhone recently you may be able to get some of your money back. Apple has agreed to a $250 million settlement in a lawsuit over false advertising. Kelly O'Grady explains who is eligible.
Earnings Season Powerful But a Bit Narrow, Liz Ann Sonders Says
Liz Ann Sonders, chief investment strategist at Charles Schwab, looks at the market takeaways from earnings and the performance of Mag Seven stocks this year and says the market “is fine” if interest rates stay where they are. (Source: Bloomberg)
Nearly 1.5 million migrants on Universal Credit: 'Britain's the food bank of the world!'
Shocking new data has revealed nearly 1.5 million migrants received Universal Credit payments during 2025, making up a sizeable 15 per cent of total claimants.The Department for Work and Pensions released the figures for the first time this week, following a Freedom of Information request from the Centre for Migration Control.The largest group among claimants – at nearly 900,000 – were those who had secured residency through the European Union's settlement scheme.Refugees accounted for near 150,...
Poundstretcher restructuring plan needed to avoid administration, court told
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Asda, Tesco, Sainsbury's and Morrisons shoppers set to be paid for empty bottles and cans
The Deposit Return Scheme (DRS) is planned for introduction in the UK from October 2027, and will see shoppers receive a 20p deposit refund per bottle or can when they bring their empty containers back to dedicated collection points to be recycled
'Robbing us blind!' Civil servants branded 'disgusting' after whistleblowers expose 'flexitime abuse' to gain extra holiday
Civil servants have been accused of "robbing us blind" after a whistleblower exposed workers "abusing flexitime" to claim up to 50 days holiday a year.Speaking to GB News, broadcaster Carole Malone launched a scathing attack on the "disgusting" tactics of the exposed workers.Some civil servants have been found to have hacked the system by keeping their laptops open past their working hours whilst being at home, as well as clocking in their commuting time.They have also been found to be faking of...
Almost $4bn more for Victoria’s contentious Suburban Rail Loop to be included in federal budget
Additional funding for the costly 90km public transport project promised ahead of state’s November electionGet our breaking news email, free app or daily news podcastThe federal budget will include another $3.8bn for the Suburban Rail Loop, Melbourne’s controversial and costly 90km public transport project.Prime minister Anthony Albanese will announce the additional funding alongside the Victorian premier, Jacinta Allan, on Friday ahead of the 12 May budget and as early campaigning for the state...
Can mid-caps and auto stocks keep driving the market rally ahead?
Can midcaps and auto stocks keep driving the market rally ahead
Impact of UAE’s exit from OPEC on prices to be insignificant for now — Japanese expert
In the long term oil prices may decline to some extent due to reduced consumption, Keiichi Motohashi said
4 दिन में ही रॉकेट बना TATA का ये शेयर, 32% उछला भाव
TATA
Paddy Power owner Flutter mulls ditching London listing after shift to US
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High-Frequency Trader IMC Is Spending Big to Build Team in India
IMC Trading BV is building its own talent pipeline to crack India’s fledgling high‑frequency trading market.Photographer: Atul Loke/BloombergBusinessHigh-Frequency Trader IMC Is Spending Big to Build Team in IndiaFacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftBy Ranjani RaghavanMay 7, 2026 at 12:00 PM UTCBookmarkSaveIt was an unusual Sunday for 30-year-old Jake Yi, who stood with his team in the middle of a Mumbai trading floor as the screens flashed red.The team had assembled...
Disabled woman living with chronic pain slams Shell’s £5.1bn windfall
As Shell announces a profit boom amid the ongoing energy bill crisis, the Mirror hears from Holly Donovan, a fuel poverty campaigner living with disabilities who can only afford to put the central heating on for a few hours at Christmas
US Stock Futures Steady as US Awaits Iran Reply, Earnings Unfold
US stock futures were flat on Thursday as the US waits for Iran to respond to its proposal to reopen the Strait of Hormuz and end the war. Investors continued to assess results from a stream of companies on a busy earnings day.