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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...
CFTC Set To Propose Rules That Will Ban Some Bets On Online Prediction Markets, Report Says
BreakingBusinessCFTC Set To Propose Rules That Will Ban Some Bets On Online Prediction Markets, Report SaysBySiladitya Ray,Forbes Staff. Siladitya Ray is a New Delhi-based Forbes news team reporter.Follow AuthorJun 10, 2026, 08:03am EDTToplineThe Commodity Futures Trading Commission will outline new rules allowing it to block certain bets on online prediction markets, the Wall Street Journal reported, after concerns about insider trading on platforms like Kalshi and Polymarket and wagers on sens...
Chemist Warehouse in talks to swallow up UK pharmacy chain Boots in the next big move for Aussie juggernaut
Chemist Warehouse in talks to swallow up UK pharmacy chain Boots in the next big move for Aussie juggernautChemist Warehouse's owner is looking to buy BootsIt would be the first major expansion overseasREAD MORE: Dermatologist reveals the five items from Chemist Warehouse she ALWAYS packs in her carry-on bag See more Daily Mail on Google - save us as a Preferred SourceBy ASHLEY NICKEL, NEWS REPORTER, AUSTRALIA Published: 12:56, 10 June 2026 | Updated: 12:56, 10 June 2026 e-mail View comments
Sudan says poverty rate has climbed to 73%
Poverty in Sudan has risen sharply among citizens both inside the country and abroad, reaching 73%, Human Resources Minister Mutasim Ahmed Saleh said on Tuesday as he unveiled new programs aimed at supporting young people and women.
Stock market: Which are top 10 gainers and losers on NSE & BSE today? Check list
Equity markets saw gains evaporate on Wednesday, with the Sensex inching up and the Nifty closing lower. Renewed US-Iran tensions rattled investor sentiment, leading to a sell-off in late trade. Geopolitical concerns overshadowed positive domestic factors, while global markets also faced pressure. Banking stocks provided some support to the Sensex.
Weight-loss drug users save over £400 a year on grocery bills as take-up triples
New research suggests GLP-1 users are buying fewer snacks and treats such as crisps and chocolateBusiness live – latest updatesWeight-loss drugs are saving users’ households more than £400 a year on grocery bills, according to new research, which found use of GLP-1s has nearly tripled in the past two years to 1.9 million adults.Just more than 6.3% of households in Great Britain now include at least one GLP-1 user, according to the survey from Worldpanel by Numerator. This marks a sharp rise from...
Motorists could see Clean Air Zone fines increase as new rules risk adding 'another stealth tax'
The House of Lords has approved new regulations which will double the fees local authorities pay for processing Clean Air Zone transactions, increasing them from £2 to £4 from September 2026.Despite a formal regret amendment tabled by Conservative peer Lord Moylan, who argued the measure risked imposing additional costs on drivers already struggling with high fuel prices, the motion passed.Transport Minister Lord Hendy of Richmond Hill defended the changes as necessary to move towards full cost...
China Threat Will Reshape, Not Ruin, Europe’s Carmakers; Report
InnovationTransportationChina Threat Will Reshape, Not Ruin, Europe’s Carmakers; ReportByNeil Winton,Senior Contributor.Forbes contributors publish independent expert analyses and insights. U.K.-based Neil Winton covers the European Auto industry.Follow AuthorJun 10, 2026, 07:07am EDTConcept map depicting dialogue between China and the European Union.gettyEuropean automakers face years of profit pressure as Chinese companies gear up for a long-term attempt to win sales. But the locals will dispe...
UK’s stem cell transplant system may be putting lives at risk, report by MPs finds
System not fit for purpose due to poor infrastructure and planning, with minority groups particularly at risk, MPs sayThe UK’s stem cell transplant system is potentially putting the lives of blood cancer patients at risk as a result of inadequate infrastructure and a lack of long-term planning, a parliamentary report has found.A hematopoietic stem cell transplant, often referred to as a bone marrow transplant, is a medical procedure in which stem cells from a healthy donor are transplanted into...