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Bond Traders Look to Treasury Refunding, Fed Speakers and Jobs
US bond traders will focus on this week’s announcement of the Treasury Department’s borrowing plans for the next three months, an array of Federal Reserve speakers and a loaded calendar of economic releases crowned by monthly employment data.
Elderly pizza delivery driver is finally able to retire after kind gesture saw him receive $170k tip from strangers online
Dan Simpson, 68, became an internet sensation after he went out of his way to get customers their Diet Coke when the Domino's he worked at ran out.
Amid Hormuz closure, OPEC+ raises oil output quotas, no mention of UAE withdrawal
Amid Hormuz closure OPEC raises oil output quotas no mention of UAE withdrawal
Chevron CEO says it's "very hard to predict" the Iran war's lasting impact on energy prices
In an interview on April 23, Chevron CEO Mike Wirth told "Face the Nation with Margaret Brennan" that it's "very hard to predict" the Iran war's lasting impact on energy prices "because markets are dynamic. They can respond to things that we don't anticipate."
Samsung Group heirs finalise 12 trillion won inheritance tax on former chairman’s estate
Industrial sources in South Korea reported today that the founding family of the Samsung Group has completed the payment of inheritance taxes amounting to approximately 12 trillion won (8 billion US dollars) on the assets left by the late Chairman Lee Kun-hee.These payments, which were scheduled to be settled over a five-year period starting from 2021, mark the conclusion of one of the largest inheritance tax obligations in South Korean history.Get updated faster and for FREE: Download the Gulf...
Minneapolis Fed president says U.S. needs to be "open-minded" about interest rates
Neel Kashkari, the president and CEO of the Minneapolis Fed, told "Face the Nation with Margaret Brennan" that while economists have been watching for an interest rate cut, "we all need to be open-minded about where interest rates are going because there's so much uncertainty coming out of the Middle East."
ADB announces $70bn initiative to boost cross-border electricity in trade, increase broadband access in Asia Pacific
ISLAMABAD: The Asian Development Bank (ADB) announced on Sunday a $70 billion initiative on Sunday to expand energy and digital infrastructure across the Asia-Pacific region by 2035, aiming to strengthen power grid links, boost cross-border electricity trade and increase broadband access. The plan includes $50bn for a new Pan‑Asia Power Grid Initiative and $20bn for the Asia-Pacific Digital Highway project. At the inaugural session of its May 3-6 annual meeting in Samarkand, the Manila-based l...
Transcript: Minneapolis Fed president and CEO Neel Kashkari on "Face the Nation with Margaret Brennan," May 3, 2026
Face The Nation Transcripts Transcript: Minneapolis Fed president and CEO Neel Kashkari on "Face the Nation with Margaret Brennan," May 3, 2026 .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-face-the-nation.jpg'); } May 3, 2026 / 11:58 AM EDT / CBS News Add CBS News on Google The following is the transcript of the interview with Minneapolis Fed president and CEO Neel Kashkari that aired on "Face the Nation with Margaret Brennan" on May 3, 2026.MARGARET BRENNAN:...
Iran may begin mothballing its oil wells next week — US treasury secretary
Oil prices will be lower after the US-Israeli war against Iran is over than they were at the beginning of the year, including due to the United Arab Emirates’ decision to withdraw from OPEC, Scott Bessent said
Kevin Hassett: Energy shocks will "affect profits for the airlines for the next quarter or so"
White House National Economic Council Director Kevin Hassett told "Face the Nation with Margaret Brennan" that although Spirit Airlines said rising fuel prices had contributed to its demise, "energy shocks don't have a big effect" on other airlines' business. But he acknowledged that "certainly, that will affect the profits for the airlines for a quarter or so."
Mild and mostly dry bank holiday but heavy showers possible for some
Mild and mostly dry bank holiday but heavy showers possible for some33 minutes agoShareSaveAdd as preferred on GoogleCachella SmithandStav Danaos,lead weather presenterBBC Weather Watchers/SalByThePondGeese walk along a path that has been rained on in Cromford, DerbyshireMost parts of the UK should see mild and mostly dry weather on bank holiday Monday but heavy showers and thunder is possible in some areas.The highs are forecast to range between 11C and 19C, down from the 23.2C that were seen o...
Bloomberg Dispatch: It’s a Weird Time to Be Named Claude
The name Claude used to be a rare classic—now, it’s a household name for a completely different reason. Ever since Anthropic launched its fast-growing AI assistant, humans named Claude have had to get used to sharing their identity with a chatbot. Bloomberg Senior feature writer Madison Darbyshire joins David Gura and Christina Ruffini on Bloomberg This Weekend to talk about her latest Dispatch, diving into the weird, funny, and occasionally annoying reality of what happens when your name...
America's crude oil port sees record-high traffic as world flocks to Texas while Strait of Hormuz is suffocated by Iran
America's crude oil port sees record-high traffic as world flocks to Texas while Strait of Hormuz is suffocated by IranBy LAUREN ACTON-TAYLOR, US NEWS REPORTER Published: 16:08, 3 May 2026 | Updated: 16:10, 3 May 2026 e-mail View comments
Why the RBA is predicted to deliver a third straight interest rate hike this week
While interest rate rises can’t affect the surging price of oil caused by Middle East turmoil, they are still the Reserve Bank’s best – and only – tool to fight inflationFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastOne economist is calling it the “Hormuz hike”.There’s a nearly 80% chance that the Reserve Bank will deliver a third straight interest rate rise on Tuesday, according to financial markets.Patrick Commins is Guardian A...
Punjab and Haryana HC fines defence secretary, Army chief ₹2 lakh after delay in ex-Major’s disability pension: Report
The action came in a case involving Major Rajdeep Dinkar Pandere (retd), who underwent 24 surgeries and developed a kidney-related ailment during his service.| India News
How a weaker dollar is quietly making life more expensive for Americans
A declining U.S. dollar, down approximately 10% since Donald Trump's return to the White House, is quietly increasing the cost of everyday life for Americans. This weakening currency shrinks purchasing power, making imported goods and foreign travel more expensive, while benefiting large multinational exporters.
Two, including a social activist, killed in separate attacked in KP's Bajaur
BAJAUR: Two people, including a social activist, were killed in separate attacks in Khyber Pakhtunkhwa’s Bajaur district on Sunday, police and rescue officials told Dawn. The first incident took place in the Kohi area of Salarzai tehsil, where unidentified armed assailants attacked social activist Malik Ziaur Rehman near his residence, Salarzai Deputy Superintendent of Police (DSP) Jamal Shah said. “Unidentified assailants opened fire on him near his house, leaving him critically injured,” he sa...
23 UK streets celebrating payouts as one neighbourhood scoops £125,000
The People's Postcode Lottery sees players across Wales awarded cash prizes simply for taking part - here are all the winners from April 2026
Russia expects $2.667 bln in budgetary revenues amid oil prices rise — minister
The Finance Minister noted that "the levels of revenue and under-revenue over the past two months are the same"
Surprising new data shows cash is making a return in Australia - and there's an unusual reason for it
Surprising new data shows cash is making a return in Australia - and there's an unusual reason for itCash usage is on the rise in AustraliaMore Aussies are using cash to budgetREAD MORE: Why Australians are being urged to get cash out todayBy ASHLEY NICKEL, NEWS REPORTER, AUSTRALIA Published: 15:10, 3 May 2026 | Updated: 15:10, 3 May 2026 e-mail View comments