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Ukraine's $700,000 Answer To $3.8 Million Patriot Problem
Ukrainian arms manufacturer Fire Point last week carried out the first flight test of a new surface-to-air missile developed as a more affordable, mass-producible alternative to the United States' Patriot system
Inflation just increased again. Here's what that could mean for mortgage interest rates.
MoneyWatch: Managing Your Money Inflation just increased again. Here's what that could mean for mortgage interest rates. 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...
Cost of conflict: US inflation hits 3-year high as Iran war fuels energy shock
US inflation hit a three-year high in May, soaring to 4.2% due to surging energy prices, particularly gasoline, driven by Middle East supply disruptions. This rise, the third consecutive monthly increase, pressures the Federal Reserve and poses a political challenge for the Trump administration ahead of midterm elections. Core inflation showed mixed signals, while energy costs are expected to cool.
Dubai Real estate enters strategic maturity phase amid strong growth and transparency - Emirates 24|7
Dubai Real estate enters strategic maturity phase amid strong growth and transparency Emirates 24|7
World Bank, Mozambique sign financing agreements
The agreements will support programs in social protection and economic resilience, job skills and economic transformation, according to officials.
How to protect your wealth when rupee is falling
Is the rupee’s fall eating into your investment returns? What should investors do to protect their portfolio in the current scenario? The first thing to understand is that fundamentally, a falling rupee does not have a direct impact on your investments.
US inflation rises to highest level since May 2023
The United States' Consumer Price Index (CPI) rose 4.2% year on year in May, marking its highest level since May 2023, as energy prices remained high, according to data released by the US Bureau of Labor Statistics on Wednesday.
We found 10 patriotic deals in Amazon's America 250 shop — all under $50
America's 250th anniversary is here, and Amazon is celebrating with patriotic gear to help you commemorate the occasion. Whether you're looking for collectible whiskey glasses, classic baseball caps, garden flags or other Americana-inspired finds, these products make it easy to celebrate the nation's historic birthday.READ MORE: America 250 is coming: What to know and the best commemorative gear to buyThis America 250 baseball cap is the kind of patriotic gear you can wear well beyond the Fourth...
Gallo Invests In Agentic AI To Improve Supply Chain Capabilities
InnovationTransportationGallo Invests In Agentic AI To Improve Supply Chain CapabilitiesBySteve Banker,Contributor.Forbes contributors publish independent expert analyses and insights. I cover logistics and supply chain management.Follow AuthorJun 10, 2026, 09:12am EDTGALLO is the world's largest wine producer by volume.GALLOGALLO is on a journey to make better supply chain decisions. “I think one of the key things that I've realized is the fact that we have so much software, but we don't have e...
UK poised to ease steel tariffs as manufacturers warn of costs
Exemptions being considered after March announcement of measures to support domestic steel productionBusiness live – latest updatesMinisters are expected to drop some planned tariffs on foreign steel after UK manufacturers warned the measures would significantly increase their costs.Representatives of the Department of Business and Trade are meeting leaders of steel trading business groups on Wednesday and Thursday with a view to finalising details of a reprieve for certain industries. Continue...
Inflation tops 4% for the first time in 3 years on spike in gasoline prices
Economy Inflation tops 4% for the first time in 3 years on spike in gasoline prices June 10, 20269:08 AM ET Scott Horsley Energy costs accounted for more than 60% of the monthly rise in the consumer price index in May. Joe Raedle/Getty Images North America hide caption toggle caption Joe Raedle/Getty Images North America Soaring gasoline prices, triggered by the U.S. war with Iran, have pushed inflation to its highest level in more than three years. A report from the Labor Department Wednesday s...
Why China is buying less Iranian oil - explained in charts
China's reduced oil imports, driven by weaker demand, record stockpiles, and EV growth, are unexpectedly stabilizing global markets amid Strait of Hormuz tensions. Despite discounted Iranian crude, Beijing is drawing down reserves and cutting refinery output. This shift offers a rare scenario where the largest importer eases global energy supply pressures.
UP RERA says carpet area is what counts, not super built-up area; here's why it matters
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) on Wednesday cautioned homebuyers against relying on super built-up area figures while purchasing flats, saying carpet area which makes the actual usable space inside a residential unit, should be the basis for any buying decision.
Inflation Hit Highest Rate In 3 Years In May
BreakingBusinessInflation Hit Highest Rate In 3 Years In MayByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorJun 10, 2026, 08:49am EDTToplineInflation rose to its highest annual rate in three years in May, as surging oil costs once again fueled broader price increases amid a persistent conflict in the Middle East, according to federal data released Wednesday.Inflation worries remain as employment data has surpassed expectations.Getty ImagesKey Fac...
Social Security is on track to become insolvent by 2032, putting benefits at risk of a cut
More than 62 million Americans receive benefits from the Old-Age and Survivors Insurance fund. But by the end of 2032, the fund will only have the resources to pay out 78% of its scheduled benefits, according to a new federal analysis. Jill Schlesinger explains.
US inflation surges to three-year high of 4.2%
Consumers are increasingly feeling the strain of the US Israel war in Iran.
China's service consumption boom powers new growth engine
"I am about to start my performance," a robot says as it begins serving customers in a restaurant at Hangzhou's Wensan Digital Life Block.Inside the nearly 600-square-meter venue in east China's Zhejiang Province, diners are greeted by the unusual host — robots handle almost everything, from stir-frying dishes and cooking noodles to brewing coffee, delivering meals and cleaning floors.The futuristic scene offers a glimpse into a broader transformation underway across China where high-quality, ex...
Inflation topped 4% in May as CPI surged to highest level in 3 years
MoneyWatch Inflation topped 4% in May as CPI surged to highest level in 3 years .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 June 10, 2026 / 8:33 AM EDT / CBS News Add CBS News on Google Inflation...
US inflation jumped to 4.2% in May amid Middle East energy shock
Figure marks new three-year high
The Biggest Retail Myth: That Technology Replaces People
InnovationThe Biggest Retail Myth: That Technology Replaces PeopleByBrett Beveridge,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 10, 2026, 08:15am EDTBrett Beveridge is the Founder and CEO of T-ROC Global. gettyFor decades, retail’s workforce strategy has revolved around one constant: people. Associates stocked shelves, answered customer quest...