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Southampton must be 'careful' over finances - Maguire
Southampton must be 'careful' over finances - MaguireImage source, Getty ImagesImage caption, Southampton were expelled from the Championship play-off finalByAllan ValenteBBC Sport EnglandPublished7 minutes agoSouthampton must be "very careful" over their debts and fiscal position after the Spygate scandal which cost them a chance of returning to the Premier League, says football finance expert Kieran Maguire.Saints were expelled from the Championship play-offs after admitting observing opponent...
Fed’s Williams Says Unclear How Productivity Boom Impacts Rates
Federal Reserve Bank of New York President John Williams said it’s unclear how a lift in productivity will ultimately impact interest rates and the central bank’s policymaking.
Indonesia’s erratic president grabs the country’s commodity exports
Facing a tumbling currency, Prabowo Subianto announces a vast new agency to sell resources to the world
Youth unemployment report chief rejects ‘snowflake generation’ label as he calls for ‘whole system reset’ over crisis
Youth unemployment report chief Alan Milburn has rejected the notion that a “snowflake generation” is responsible for Britain's youth unemployment crisis.The former Labour Health Secretary, who is leading an investigation into young people not in work, training or education (Neets), declared that a “whole system reset” was required to fix the issue. Mr Milburn was speaking to GB News as it was announced that youth joblessness has shot to a record post-pandemic high.An estimated 1.012 million peo...
Burberry boss could earn up to £12.2m this year under new bonus scheme
Joshua Schulman, who was hired to help revive brand, paid £4m in year to March including bonus and relocation supportBusiness live – latest updatesThe boss of Burberry could earn up to £12.2m this year after the luxury British brand introduced a new bonus scheme.Joshua Schulman, a former chief executive of the US fashion brand Coach who was hired in July 2024 to help revive Burberry, was paid £4m in the year to March, up from £2.5m for his first nine months in the job. Continue reading...
Anti-ICE agitators throw wooden pallets, mattresses at federal agents during chaotic NJ detention center clash
Demonstrations outside Delaney Hall detention center in Newark, New Jersey, turned violent Wednesday night when keffiyeh-clad agitators clashed with Immigration and Customs Enforcement (ICE) agents, hurling objects across a barrier as tensions continued to escalate.The agitators, engaging in the fifth night of demonstrations against allegedly poor conditions for illegal aliens held at the detention center, wielded mattresses and large traffic cones as makeshift shields.Video obtained by Fox News...
As EU fines China's Temu $200M , European regulator 'warns' its 130M users
European Union has slapped a €200 million fine on Chinese online retailer Temu for failing to prevent the sale of illegal products. Regulators found Temu's risk assessment systems inadequate, exposing millions of European users to dangerous goods. Temu disputes the ruling, calling the penalty excessive and outdated, while the EU emphasizes this is a strong message on risk management.
Iran War Lifts Fed’s Preferred Inflation Gauge to Highest Level Since May 2023
The Personal Consumption Expenditures price index rose 3.8 percent in April from the same time last year.
Ministers in talks over shelving carbon tax on fertiliser to curb food inflation
Exclusive: Package of measures discussed with farmers, including pause on duty due to come into effect next year Ministers are in discussions about suspending a carbon tax on fertilisers, due to come into effect early next year, in an effort to curb food inflation.The move would be part of a package of measures, including the suspension of import tariffs on a range of foods including bread, biscuits and bananas. Continue reading...
The first inflation report under new Fed chief Warsh isn't good
MoneyWatch The first inflation report under new Fed chief Kevin Warsh is out — and it's not good .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Report...
Amazon Fashion makes style discovery smarter with AI during the ‘Wardrobe Refresh Sale’ from May 28–June 2 - About Amazon
Amazon Fashion makes style discovery smarter with AI during the ‘Wardrobe Refresh Sale’ from May 28–June 2 About Amazon
Emma Sleep agrees to change ‘illegal’ sales practices following court settlement
The Competition and Markets Authority (CMA) has agreed a partial settlement with mattress company Emma Sleep after it admitted to breaking consumer law over its pricing tactics. The settlement is legally binding, so if Emma Sleep fails to comply, it “could result in contempt of court proceedings, potentially leading to significant penalties,” the CMA said. This follows the court confirming on 22 May that the mattress company had broken the law over its use of “misleading” countdown timers,...
Family-owned Tottenham brewer falls into administration as industry pressures mount
A beloved family-owned Tottenham brewery that was a key player in London’s craft beer renaissance has fallen into administration amidst mounting cost pressures on the industry. Redemption Brewing Company, which was the first commercial brewery to open in Tottenham in nearly 100 years, is officially listed on the formal register of new insolvency appointments as having appointed administrators. City AM understands FRP Advisory has been handed the keys to the brewery and is now searching fo...
Telling Friend From Fraud In The Agentic AI Economy
InnovationTelling Friend From Fraud In The Agentic AI EconomyByAndrew Sever,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)May 28, 2026, 08:15am EDTAndrew Sever is the CEO of Sumsub, a leading full-cycle verification platform that enables scalable compliance. gettyWith 85% of enterprises now exploring agentic AI, a new economy centered around the u...
Burberry delays climate pledge by decade
Burberry has pushed back its net zero target by a decade, becoming the latest blue-chip business to water down ambitious climate goals set in the wake of the coronavirus pandemic, City AM can reveal. The high-end fashion firm, known for its trench coats and tartan scarves, made the decision to delay its target to become ‘climate positive’ from 2040 to 2050 after reassessing the business case for its previous goal, it said in its annual report. “We believe our revised targets reflect a pra...
هل أنت مستعد لاستكشاف قصر موكيش أمباني بقيمة 3 مليار دولار؟ أسرار أغلى منزل في العالم!
اكتشف روعة قصر موكيش أمباني، الذي يعد أغلى منزل في العالم، حيث تبلغ تكلفته 3 مليار دولار. تعالَ معنا لتتعرف على تفاصيل لا تصدق حول هذا المعلم السكني الفريد!
Major update on huge new Morrisons store - 25,000 sq ft
Major update on huge new Morrisons store - 25,000 sq ftThere has been a major update on a potential new Morrisons store, and it will feature the supermarket's signature 'Market Street' Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Brian Dillon, Audience Writer 13:07, Thu, May 28, 2026 Updated: 13:16, Thu, May 28, 2026 Morrisons has plans for a huge new store (Image: Morrisons)Morrisons has submitted new...
KBRA Releases Research – Energy Shock Tests Europe’s Consumer and Labour Resilience
KBRA releases research examining how European and UK consumers and labour markets are absorbing another energy shock, with underlying resilience still evident despite weaker confidence and softer hiring. The report highlights that households enter the shock from a stronger aggregate position, supported by lower debt, elevated savings, and contained arrears, although these buffers are unevenly distributed. Labour markets also remain resilient, with unemployment still low by recent historical s...
Oura launches Ring 5, world’s smallest smart ring, as it heads towards IPO
Finnish-US startup has sold 5.5m rings worldwide since it was founded in 2013 and is valued at $11bnStylish Finnish-American smart ring company Oura may be the darling of wearables, adorning the fingers of celebrities and sportspeople, but it is not resting on its laurels as it heads towards an IPO later this year. This week it launched the world’s smallest smart ring, the Ring 5, its latest evolution of the device that defined a whole category.The Ring 5 is 40% smaller and with longer battery l...
The race for oil: will Jamaica be the next country to drill and what does that mean for its green pledges?
With early tests suggesting the presence of crude oil, the Caribbean island has begun to debate whether it could justify becoming a producerJamaica is closer than ever to drilling for oil. Tests on samples from the seabed off the Caribbean island’s south coast earlier this year identified hydrocarbons, which suggest the presence of crude oil below ground.Jamaica imports all its fuel, which costs about $1.5-2bn (£1.1bn-1.5bn) annually, depending on global oil prices. It is a persistent drag on an...