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How Boring Businesses Create Billionaires

Forget tech startups and stock picks. A Princeton economist's research reveals that many of America's millionaires built their fortunes through private businesses in industries most people overlook. Billionaire Rich Kinder did it with pipelines. Ray and Dana Chery are hoping to become the next generation of billionaires by betting on portable sinks. Their stories challenge conventional wisdom on how wealth is actually built. (Source: Bloomberg)

Aren’t We Making Too Big Of A Deal About The Fed’s Balance Sheet?

BusinessPolicyAren’t We Making Too Big Of A Deal About The Fed’s Balance Sheet?ByJohn Tamny,Contributor.Follow AuthorApr 26, 2026, 10:00am EDTFacade of the Marriner S Eccles building of the United States Federal Reserve, on a bright and sunny day in Washington, DC, United States, July 24, 2017. (Photo by Smith Collection/Gado/Getty Images)Getty ImagesThe Federal Reserve doesn’t “print money” to “monetize” the debt of the U.S. Treasury. The view presumes that a creation of the federal government...

Ryanair to shut Berlin base as it blames rise in German aviation tax

Trade union criticises airline’s plan to halve passenger numbers to the city as ‘purely profit-oriented’ Ryanair is to shut its Berlin operating base and cut its winter schedule to the German capital in half, blaming its decision on soaring aviation taxes in the country.The Irish budget carrier said its relocation of seven aircraft to other centres would reduce its Berlin passenger numbers from 4.5 million to 2.2 million a year, with flights in and out of the city served from October by planes...

पेट्रोल, CNG, EV सब एक साथ, Renault का बड़ा दांव! ला रहा है मल्टी-फ्यूल Bridger

CNG EV Renault Bridger

Big Tech’s $16 Trillion Earnings Week Is Make-Or-Break for Rally

Wall Street’s biggest technology stocks have carried the S&P 500 to record highs even as the war in Iran continues. Now, earnings from a handful of them this week will give investors a read on whether this rally’s sustainable.

Africa’s Power Problem Is The Whole World’s Misfortune Too

BusinessEnergyAfrica’s Power Problem Is The Whole World’s Misfortune TooByKen Silverstein,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Ken Silverstein analyzes the Energy Transition, AI and GeopoliticsFollow AuthorApr 26, 2026, 09:00am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.TO GO WITH AFP STORY BY MARIANNE BARRIAUX Vendors sell meat at the Oshodi night market in Lagos, l...

The $1 'radar' bills sitting in your wallet that could be worth a fortune

An auction house has seen 'radar' bills sell for more than $1,000 and collectors are after many more notes that could be possibly sitting in your wallet.

Can the World’s Economic Firefighter Adapt to the 21st Century?

As wars, trade spats, and AI reshape the global economy, the IMF has held its role as the world’s lender-of-last-resort steady. Much of its governance, including countries’ shares of voting rights, have remained the same over decades, often requiring lending countries to return to the same austerity playbook. Gita Gopinath, former first managing director of the IMF says that the stability is by design in times of greater geopolitical uncertainty while Boston University’s Kevin Gallagher says tha...

Stock market outlook: Middle East developments, earnings and oil prices in focus

Global tensions in West Asia, particularly around the Strait of Hormuz, are driving market volatility and influencing crude oil prices. Investors are also closely watching corporate earnings, with key results due this week, alongside crucial US economic data and the Federal Reserve's policy decision.

India turns to Russia, Africa as Middle East oil supply tightens

Mumbai: India has ramped up purchases of Russian oil and revived alternate supplies from Africa, Iran and Venezuela to blunt a sharp crude shortfall from the crisis-ridden Middle East, analysts say.India, the world's third-largest oil buyer, normally sources about half of its crude through the Strait of Hormuz, a vital waterway that has seen only a trickle of traffic since the United States and Israel launched attacks on Iran on February 28.Get updated faster and for FREE: Download the Gulf News...

UAE launches public debt report outlining strategy and market growth through 2025

Dubai: The UAE Ministry of Finance has released a report detailing federal public debt strategy and market development between 2022 and 2025, highlighting expanded issuance activity, strong investor demand and sustained sovereign credit ratings.The report, titled “Federal Government Public Debt 2022–2025: Public Debt: Efficiency and Sustainable Financing,” outlines the country’s approach to managing debt as part of broader efforts to support economic stability and long-term growth.Get updated fa...

Pakistani exports to major European markets slow down amid ME conflict despite GSP+ status

ISLAMABAD: Pakistan’s exports to major Western and Northern European markets have recorded negative growth in the first nine months of the current fiscal year compared with a year ago, despite the continuation of the Generalised Scheme of Preferences (GSP+) status, raising concerns about weakening demand for Pakistani goods. The development comes against the backdrop of a shifting global trade environment, as the US-Iran conflict sends shockwaves through the Middle East, impacting global goods t...

Britain's shoplifting epidemic hits record high with more than 500,000 cases as repeat offending surges

Britain's shoplifting epidemic hits record high with more than 500,000 cases as repeat offending surgesBy KRISTINA WEMYSS, GENERAL NEWS REPORTER Published: 12:31, 26 April 2026 | Updated: 12:31, 26 April 2026 e-mail View comments

NatWest faces AGM showdown over climate backtracking

Shareholders including the Church of England back call for protest votes against the bank’s chair NatWest is at risk of an embarrassing showdown at its shareholder meeting this week, as investors and leading scientists call for an urgent reversal of what they describe as “climate backtracking”.Campaigners, including ShareAction, are calling for protest votes against the bank’s chair, Rick Haythornthwaite, at its annual meeting in Edinburgh on Tuesday. Continue reading...

5.71 लाख लोगों ने खरीदी ये बाइक! सेगमेंट में 38% बाजार पर कब्जा

Bank holidays next week: Banks closed from April 27 to May 3. Check the RBI calendar here

Bank holidays next week Banks closed from April to May Check the RBI calendar here

India, New Zealand to lock in FTA next week: Here's what it may have in store

India and New Zealand are set to sign a Free Trade Agreement on April 27, aiming to boost bilateral trade to $5 billion within five years. The pact will offer duty-free access for many Indian exports, benefiting sectors like Agra's leather industry. New Zealand gains tariff reductions on key products, while India protects sensitive agricultural goods.

UAE launches Dh1 billion national fund to support vital industries

Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the establishment of a Dh1 billion national fund to support vital industries.Get updated faster and for FREE: Download the Gulf News app now - simply click here.“We have approved a package of initiatives and decisions to support the national industrial sector, including the establishment of a national fund worth Dh1 billion for industrial resilience, aimed at a...

Price pressures could last for eight months after Iran war ends, minister warns

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Internal government files reveal fears of widespread flight cancellations and supply chain collapse across Australia as perfect storm hits

Internal government files reveal fears of widespread flight cancellations and supply chain collapse across Australia as perfect storm hitsFuel crisis and union chaos to ground flightsHundreds of flights could be cancelled in JulyREAD MORE:  ISIS brides' second attempt to reach Australia sparks furyBy NICHOLAS COMINO, POLITICAL REPORTER, AUSTRALIA Published: 11:40, 26 April 2026 | Updated: 11:40, 26 April 2026 e-mail View comments