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America’s biggest investor says: Plain and simple, AI stocks are an asset bubble
Renowned investor Michael Burry, famous for predicting the 2008 housing crash, warns the current AI boom mirrors the dot-com bubble. He highlights excessive venture capital and debt funding, noting many AI startups are unprofitable. Burry questions AI's long-term enterprise value and consumer willingness to pay, suggesting a market crash is imminent.
British family left 'money crisis' UK for 'utopia' Greece - and have now slashed their rent by almost £3,000 while enjoying €2 beers
British family left 'money crisis' UK for 'utopia' Greece - and have now slashed their rent by almost £3,000 while enjoying €2 beersREAD MORE: Brit says she's saved £800 a month on rent by moving to a Spanish island - but has to make tea in a saucepanSee more Daily Mail on Google - save us as a Preferred SourceBy JOWENA RILEY, TRAVEL WRITER Published: 15:00, 20 May 2026 | Updated: 15:04, 20 May 2026 e-mail 27 View comments
James Murdoch Buys Vox, New York Magazine Portfolio For $300M—Charging Into His Father’s Industry
BreakingBusinessJames Murdoch Buys Vox, New York Magazine Portfolio For $300M—Charging Into His Father’s IndustryByMary Whitfill Roeloffs,Forbes Staff. Mary Roeloffs is a Forbes breaking news reporter covering pop culture.Follow AuthorMay 20, 2026, 10:00am EDTToplineThe youngest son of legendary conservative media mogul Rupert Murdoch—who publicly split from his “misogynistic” and “twisted” father in recent years—will acquire roughly half of left-leaning Vox Media in a move that makes his compan...
How one Oregon city has raised a billion dollars for climate change
How one Oregon city has raised a billion dollars for climate change May 20, 202610:00 AM ET From By Monica Samayoa The PDX Community Solar project is funded by a more than $4 million grant from the Portland Clean Energy Fund. It provides power to qualified low-income residents in Portland, Oregon's Cully neighborhood. Monica Samayoa/Oregon Public Broadcasting hide caption toggle caption Monica Samayoa/Oregon Public Broadcasting NPR is dedicating a week to stories and conversations about how co...
What are today's mortgage interest rates: May 20, 2026?
MoneyWatch: Managing Your Money What are today's mortgage interest rates: May 20, 2026? 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 write...
Can Venezuela Rebuild Investor Trust With a Debt Overhaul?
Venezuela is seeking to kick off one of the biggest debt restructurings in modern financial history, as the government attempts to revive the economy after years of turmoil. If successful, the renegotiation of the terms of $170 billion of bonds, loans and other claims that are in default could reopen the country’s access to international markets and fresh investment.
The overcrowded UK beaches to avoid this Bank Holiday weekend, as thousands set to flock to the coast
The overcrowded UK beaches to avoid this Bank Holiday weekend, as thousands set to flock to the coastREAD MORE: Europe's warmest beaches to head to this summer revealed - as an affordable Cyprus destination with no rain takes the top spotSee more Daily Mail on Google - save us as a Preferred SourceBy ALESIA FIDDLER - TRAVEL REPORTER Published: 12:59, 20 May 2026 | Updated: 14:53, 20 May 2026 e-mail 58 View comments
Bolt CEO fires his entire HR team because they 'created problems that didn't exist'
Bolt CEO fires his entire HR team because they 'created problems that didn't exist'See more Daily Mail on Google - save us as a Preferred SourceBy OLIVIA ALLHUSEN, FOREIGN NEWS REPORTER Published: 14:51, 20 May 2026 | Updated: 14:52, 20 May 2026 e-mail View comments
Solving The Identity Crisis: Putting Today’s Fragmented Consumer Back Together
Modern marketing faces a critical challenge: data fragmentation, leading to disconnected customer experiences and lost sales. Identity resolution technology, powered by AI, provides a solution by unifying disparate digital and offline data into a single, real-time customer view which enables hyper-personalization, boosts ROI, and is crucial for meeting Gen Z's expectations and evolving privacy demands. Heathrow Airport's successful implementation with Acxiom exemplifies this, significantly incre...
These Firms Made More Than $15 Million On Oil Trades Right Before Trump Iran War Announcement, Report Says
BreakingBusinessBreaking NewsThese Firms Made More Than $15 Million On Oil Trades Right Before Trump Iran War Announcement, Report SaysByZachary Folk,Forbes Staff. I cover breaking news.Follow AuthorMay 20, 2026, 09:31am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineThe Commodity Futures Trading Commission is looking into oil futures trades made by at least three previously unreported firms on March 23, just befor...
Ministers accused of 'misleading' taxpayers about true cost of HS2 by excluding inflation from their figures - which could add another £10billion and bring real price tag to more than £112billion
Ministers accused of ‘misleading’ taxpayers about true cost of HS2 by excluding inflation from their figures - which could add another £10billion and bring real price tag to more than £112billionSee more Daily Mail on Google - save us as a Preferred SourceBy DAVID CHURCHILL Published: 14:19, 20 May 2026 | Updated: 14:21, 20 May 2026 e-mail View comments
New York City hotels avert labour strike threat before FIFA World Cup
Hotel operators avoid a 'very real threat' by signing a deal with 25,000 workers as the city hosts the 2026 tournament.
Survivor 50’s $2 Million Prize Comes With A Massive Tax Bill
MoneyTaxesSurvivor 50’s $2 Million Prize Comes With A Massive Tax BillByNathan Goldman,Contributor.Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ.Follow AuthorMay 20, 2026, 09:00am EDTSurvivorCBS via Getty ImagesSurvivor 50 will culminate with the sole Survivor receiving $2 million, tied for the show’s biggest prize in its 25-year history. Aubry Bracco, Tiffany Ervin, Joe Hunter, Rizo Velovic, and Jonathan Young are the finali...
Ukraine Reconstruction: Back To Basics For Global Grain And Steel
BusinessEnergyUkraine Reconstruction: Back To Basics For Global Grain And SteelByAriel Cohen,Contributor.Forbes contributors publish independent expert analyses and insights. Ariel Cohen is a D.C.-based contributor who covers energy and securityFollow AuthorMay 20, 2026, 09:00am EDTMYRONIVKA, UKRAINE - JULY 29: A stork flies above a wheat field as a combine harvester of TVK Seed agricultural company harvests wheat on July 29, 2022 not far from Myronivka, Ukraine. Commodity exports from Ukraine,...
Tether Buys Out SoftBank Stake in Bitcoin Treasury Firm
Tether has bought out SoftBank Group Inc.’s ownership in the digital-asset treasury company Twenty One Capital Inc., adding to its control over the Bitcoin accumulator as it seeks to merge the firm with two other businesses.
Target Delivers Biggest Sales Gain in Four Years
Target posted its best comparable sales growth in four years and boosted its outlook as the retailer’s turnaround bid gains traction. The chain also raised its annual revenue guidance by 2 percentage points to about 4%. Jen Bartashus of Bloomberg Intelligence has more. (Source: Bloomberg)
Here’s What to Look for When SpaceX’s IPO Filing Flips Public
SpaceX’s paperwork for its initial public offering could be made public as soon as Wednesday, offering a rare glimpse into the finances of the Elon Musk-led enterprise before its planned record-setting debut.
British airline collapses into administration with all jobs lost and flights cancelled
Private jet charter operator Zenith Aviation Limited has collapsed into administration with the loss of all 41 jobs at the business after mounting financial pressures.The London Biggin Hill-based company formally entered administration on May 15, with an administrator now exploring whether the operation can still be rescued or sold to a buyer.Zenith Aviation had operated as a major provider of executive jet hire, aircraft management and engineering services across Britain and Europe before the b...
Braves 30-Year-Old Castoff Leaves MLB Shortly After Roster Cut
BusinessSportsMoneyBraves 30-Year-Old Castoff Leaves MLB Shortly After Roster CutByPeter Chawaga,Contributor.Forbes contributors publish independent expert analyses and insights. Peter Chawaga is a writer and editor covering Major League Baseball.Follow AuthorMay 20, 2026, 08:00am EDTATLANTA, GA - APRIL 08: The Atlanta Braves logo is illuminated by sunlight before the game between the Atlanta Braves and the Philadelphia Phillies at Truist Park on April 8, 2025 in Atlanta, Georgia. (Matthew Grime...
Why is China's Xi Hosting Russia's Putin After Trump Visit? | The Pulse 5/20
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Bhanu Baweja, UBS Investment Bank, Chief Strategist; Pierre Wunsch, National Bank of Belgium, Governor; Sebastian Mallaby, Council on Foreign Relations, Senior Fellow; Jed Laskowitz, JPMorgan Asset Management, Private...