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BUDGET 2026-27: Analysis: A budget to calm lenders or households?
• Economists see little room for growth under IMF programme• Economy stuck in low-growth equilibrium as consumers’ purchasing power erodes• Exports, energy costs, policy inconsistency remain major hurdles WITH the government preparing to roll out its third budget, the economy appears trapped between two competing imperatives: preserving fragile macroeconomic stability to avoid another balance-of-payments crisis and reviving growth to create jobs and alleviate poverty. While the government contin...
PIDE proposes Rs45,000 minimum wage
ISLAMABAD: Pakistan Institute of Development Economics (PIDE), a state-owned think tank, has asked the government to increase the minimum wage by at least 12.5 per cent to Rs45,000 and ensure its rule-based enforcement, rather than a notional announcement, given the country’s economic conditions and inflationary pressures. “In a period marked by persistent inflationary pressures, food and energy shocks, labour market informality, and rising household vulnerability, minimum wage policy must evolv...
No extra tax on poultry feed makers, rules FCC
ISLAMABAD: Days before the announcement of the budget, the Federal Constitutional Court (FCC) has affirmed that poultry feed manufacturers and poultry farmers were not liable to pay additional tax under Section 3(1A) of the Sales Tax Act, 1990. A two-judge FCC bench, headed by Justice Aamer Farooq and also including Justice Muhammad Karim Khan Agha, set aside a Dec 24, 2025, Lahore High Court (LHC) judgement and ruled that imposing a 4 per cent tax on supplies made to non-registered entities wou...
This is why the City’s fintech IPO boom hasn’t happened yet
Hopes remain high for a flurry of fintech listings, in this week’s column Samuel Norman takes a look at whether this could come to fruition and what could be holding it up. City officials have pinned a hefty portion of their hopes for a London Stock Market revival on the nation’s fintech stars. Rachel Reeves and top Treasury officials have courted the industry’s fastest-growing start-ups in hope of opening the floodgates to a flurry of floats. Speculation mounted last year that Monzo migh...
Month four of Hormuz blockade: Oil prices jump after Iran attacks Kuwait, Bahrain
Middle East tensions surged as Iran launched missiles towards Kuwait and Bahrain, prompting US retaliatory strikes. Despite ongoing peace talks, no breakthrough has occurred, and the Strait of Hormuz remains disrupted for 96 days. Meanwhile, US crude inventories saw a significant drop for the seventh consecutive week, adding to market volatility.
Remote work hurting the job market for young college graduates, new research finds
The COVID-19 pandemic made remote working the new normal for millions of Americans, but a new analysis from the Federal Reserve Bank of New York shows it may be hurting those entering the workforce. New York Times investigative reporter Jodi Kantor joins to discuss.
من غسالة الصحون إلى ثروة تتجاوز 100 مليار دولار: قصة جينسين هوانغ الملهمة
هل تصدق أن مؤسس NVIDIA بدأ حياته كغسّال صحون؟ تعرف على كيف تحوّل جينسين هوانغ من بداية صعبة إلى واحد من أغنى رجال العالم، مع صافي ثروة تتجاوز 100 مليار دولار!
From Dishwasher to a $100 Billion Fortune: The Incredible Journey of Jensen Huang and NVIDIA
Jensen Huang's story is one of grit, determination, and unparalleled vision. From washing dishes in a restaurant to building NVIDIA into a $100 billion tech empire, his journey is a masterclass in innovation and entrepreneurship.
Three quarters of workers not on track for 'moderate' pension income, report suggests
A newly-published report suggests a moderate lifestyle in retirement costs £32,700 for one person and £45,400 for two.
Delaying estate planning could cost affluent Brits over £12bn
Brits who are putting off dealing with their estate planning could lose over £12bn in preventable inheritance tax from April 2027, as more middle-income earners brace to be ensnared in the tax net. Families who are in the top decile of UK wealth who do not begin estate planning until they are 70 could fail to pass on an estimated £12.3bn under post April 2027 rules, according to the latest figures from Octopus Investments. In contrast, those who begin planning at 50 using multiple strategie...
Todd Blanche declines to put the "anti-weaponization" fund drop in writing
Acting Attorney General Todd Blanche confirmed Tuesday that the Justice Department will not be moving forward with the nearly $1.8 billion "anti-weaponization" fund, but declined to say he would put that in writing. CBS News legal reporter Katrina Kaufman has more on this and the Epstein investigation.
America has six years to fix its disappearing Social Security trust fund
It’s already beginning to run dry
Top Creator Economy Events At Cannes Lions 2026: The Ultimate Guide For Creators, Brands, And Agencies
InnovationCreator EconomyTop Creator Economy Events At Cannes Lions 2026: The Ultimate Guide For Creators, Brands, And AgenciesByChris Ryan,Contributor.Forbes contributors publish independent expert analyses and insights. I'm a talent manager representing content creatorsFollow AuthorJun 02, 2026, 06:15pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more. CANNES, FRANCE - JUNE 17: A general view of the Cannes Croisette from...
As Corporate Profits Surge, America’s Small Businesses Get Left Behind
Small BusinessEditors' PickAs Corporate Profits Surge, America’s Small Businesses Get Left BehindBetween Trump tariffs, rising gas prices and labor supply shocks, Main Street businesses are seeing declining profits and slower hiring. Is uncertainty their new normal?ByJohn Schroyer,Staff Writer. I cover small business issues for Forbes from my home in Denver.Follow AuthorJun 02, 2026, 06:14pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated b...
عشرة مليارديرات شباب سيغيرون العالم في 2026! تعرف عليهم الآن!
اكتشف من هم أصغر عشرة مليارديرات في العالم في 2026، وكيف تمكنوا من بناء إمبراطورياتهم. ملياراتهم ليست مجرد أرقام، بل قصص نجاح مثيرة تلهم الجميع!
Some companies question cost of using AI over human workers
Developments in artificial intelligence are happening very quickly, and so are mass layoffs as corporations rapidly embrace the technology. But now some companies like Uber and Microsoft are starting to second-guess aggressive AI adoption. Reyhan Harmanci, director of features at Wired magazine, joins to discuss the state of AI in corporate America.
Gas prices likely to remain high for months, energy experts say
MoneyWatch Energy experts say gas prices are likely to remain high for months. Here's why. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Megan Cerullo Megan Cerullo Reporter, MoneyWatch Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting. Read Full Bio Megan Cerullo June...
Allegion to Attend 2026 Wells Fargo Industrials & Materials Conference
Allegion plc (NYSE: ALLE) President and CEO John H. Stone will discuss the company’s long-term strategy at the 2026 Wells Fargo Industrials & Materials Conference on Tuesday, June 9. The conference will be held at Loews Chicago Hotel. A live listen-only webcast will be accessible via Allegion’s investor website at investor.allegion.com or directly by clicking here. About Allegion At Allegion (NYSE: ALLE), we design and manufacture innovative security and access solutions that help keep pe...
Chinese investors fear missing out on SpaceX IPO after crackdown
Beijing warns brokers about overseas share sales amid fears of capital flight
Intuit Becomes S&P 500’s Worst Performer This Year: Here’s Why
BreakingBusinessIntuit Becomes S&P 500’s Worst Performer This Year: Here’s WhyByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorJun 02, 2026, 04:47pm EDTToplineIntuit’s shares plunged on Tuesday, becoming the S&P 500’s worst-performing stock so far this year after large-scale job cuts and an expected reduction in TurboTax revenue, as some analysts anticipate mounting AI-driven competitors. Analysts anticipate increased competition to disrupt the Tu...