اقتصاد

HMRC issues £100 tax fines with specific group of workers most at risk

Self-employed workers on lower incomes are significantly more likely to miss the self-assessment deadline and incur automatic £100 fines, new figures from HM Revenue and Customs (HMRC) show.Data released on Tuesday highlights a clear divide between income groups when it comes to meeting the January 31 filing cutoff.The statistics, obtained by PensionBee through a freedom of information request, indicate those earning the least face the highest risk of penalties.During the 2023 to 2024 tax year,...

Hackney fire live: Massive London blaze as crews swarm scene and smoke fills sky

Pictures and video shared online of the east London skyline show a column of dark smoke rising into the sky as firefighters descend on the source of the blaze

ASML CEO Christophe Fouquet: No one is coming for us

Christophe Fouquet, who became ASML's CEO in 2024 after more than a decade at the company, sat down with this editor on the rooftop deck of his Beverly Hills hotel Tuesday morning ahead of his appearance at the Milken Institute Global Conference. Dressed in a blue suit and white shirt, he was relaxed — even when the conversation turned to the rivals.

Volkswagen becomes Rivian’s top shareholder, displacing Amazon

Volkswagen has pushed Amazon out of the top spot to become Rivian’s largest shareholder, new filings with the U.S. Securities and Exchange Commission show. VW Group’s increasing equity stake in Rivian, which has grown from 8.6% to 15.9% in less than two years, is tied to a joint venture with the EV startup. The Rivian and Volkswagen Group Technologies joint venture — officially formed in November 2024 — is focused on the development of electrical architecture and software.

How much interest will a $150,000 money market account earn now (and is it worth opening)?

MoneyWatch: Managing Your Money How much interest will a $150,000 money market account earn now (and is it worth opening)? 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 Mone...

Barings CEO: We’ve Got to Underwrite Through Uncertainty

Barings Chairman & CEO Mike Freno discusses navigating through market uncertainty, building a business with both public and private capabilities, and implementing a ‘holistic’ M&A strategy. He talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)

Map: See how gas prices have changed in the county where you live

Data GraphicsMap: See how gas prices have changed in the county where you livePrices have increased as little as 60 cents and as much as $2.32 per gallon.A person pumps gas at Penn Jersey Mart gas station in Millersburg, Pa., in March. Millersburg is in Dauphin County, where gas prices have increased $1.40 — close to the national average — since the war in Iran began.Hannah Beier for NBC NewsShareAdd NBC News to GoogleMay 5, 2026, 3:45 PM EDTBy Joe Murphy and Jiachuan WuGas prices are up across...

बंगाल में खिला कमल, कोलकाता कनेक्शन वाले इन 5 कंपनियों के शेयर बने रॉकेट

Why a gold investment makes sense this May

MoneyWatch: Managing Your Money Why a gold investment makes sense this May 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 writes and edits c...

AI Boom Sends Sterling Infrastructure Stock Soaring, Peers Gain

Sterling Infrastructure Inc.’s earnings, fueled by the race to buildout artificial intelligence infrastructure, are putting the stock on track for its best day in more than two decades. Other construction and engineering firms also soared.

Mexico’s MIP Seeking to Invest $12 Billion for Infrastructure

Mexican infrastructure investment manager MIP Real Assets is seeking to invest more than $12 billion for projects involving renewable energy and highways in Mexico, one of the most ambitious private-sector programs yet as President Claudia Sheinbaum pushes for more development.

Saudi Arabia Cuts Oil Prices for June From Record-High Premium

Saudi Arabia cut the price of its main oil grade for Asia next month from a record-high in May, though it remained near historic levels as the war in the Middle East continues to severely disrupt supplies.

Armed Forces unification symbolises strength, national pride: Fujairah Ruler

His Highness Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, affirmed that May 6 marks a renewed chapter of pride in the UAE’s history, commemorating the unification of the Armed Forces as a cornerstone of national strength, security and stability.In a statement marking the occasion, Sheikh Hamad said, “Today we celebrate the golden jubilee of this great national event, which came in 1976 as the culmination of the wise vision and foresight of the UAE's Founding...

TCW's Katie Koch Sees No Reason to Panic Over Private Credit

TCW President and CEO Katie Koch says she sees "tremendous opportunity" in the private credit market. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Koch discusses the landscape for the asset management industry. (Source: Bloomberg)

LIV Golf Taps Advisers to Find New Investors After PIF’s Exit

LIV Golf has tapped law firm Gibson Dunn & Crutcher to advise it in an effort to turn around a loss-making business and find investors to fill the gap left by Saudi Arabia’s Public Investment Fund, according to people familiar with the matter.

All the London High Street chains closing stores in 2026

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Spirit Airlines apologizes after shock shutdown: 'Thank you and sorry to the American public'

U.S. newsSpirit Airlines apologizes after shock shutdown: 'Thank you and sorry to the American public'The defunct airline blamed a fuel "megaspike" on its collapse during a bankruptcy hearing on Tuesday. Listen to this article with a free account00:0000:00A Spirit Airlines yellow aircraft soaring through the sky in San Jose, Calif. in 2025.Wirestock / Getty ImagesShareAdd NBC News to GoogleMay 5, 2026, 2:54 PM EDTBy Mirna Alsharif, Kayla Steinberg and Anthony CusumanoSpirit A...

Sales of new vehicles up 7% in Russia in 4M 2026 — ministry

The market of domestically produced vehicles gained 22% to 268,500 units

Aryna Sabalenka threatens to boycott French Open over prize money dispute

Aryna Sabalenka threatens to boycott French Open over prize money dispute

The Iran war sent jet fuel prices sky-high. Here's what air travelers should know

Fuel is airlines' second-largest expense, and getting even costlier due to the U.S. war with Iran. Airlines are looking for ways to cope, starting by hiking checked baggage fees for most fliers.(Image credit: Kena Betancur)