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Americans should be reassured by high prices, apparently. Does Trump's team really think we're that stupid | Arwa Mahdawi
According to chief economic adviser Kevin Hassett, living in the world’s richest superpower and witnessing food, electricity and housing become luxury items is a good thingGod, I love paying high prices at the supermarket, don’t you? I walk outside with a bag of basics that cost approximately 500% more than they did a few years ago and it makes me feel so optimistic about life. What a wonderful thing to live in the US – the world’s richest superpower – and witness food, electricity and housing b...
Forbes’ Ranking Of America’s Richest Self-Made Women 2026
BillionairesForbes’ Ranking Of America’s Richest Self-Made Women 2026(L-R) Daniela Amodei, Diane Hendricks, and Luana Lopes LaraAnthropic; Gabriela Hasbun for Forbes; Alexander Karnyukhin for ForbesByGrace Chung,Forbes StaffandAndrea Murphy,Forbes Staff.Follow AuthorsJun 03, 2026, 06:00am EDTIt was a banner year for the country’s most successful women with a record number of billionaires, soaring fortunes thanks to AI and an all-time high in total wealth. #article-num-0 .color-accent{color:...
US-Iran war: Rs 10,000 crore ATF Price Stabilization Fund approved for OMCs
Amid the prolonged Middle East conflict, the government has approved an Aviation Turbine Fuel (ATF) Price Stabilisation Fund to safeguard problems being faced by airlines, oil marketing companies and fliers. This will be a self sustaining revolving fund.
Labour turmoil and Iran war brings ‘reversal of fortunes’ for UK economy
A combination of feverish political speculation and knock on effects from the war in Iran has culminated in a “reversal of fortunes” for the UK economy, as new data suggests activity across the private sector declined in May. S&P Global’s monthly survey of hundreds of firms has shown that business across services companies declined in May, ending a 13-month run of growth. The composite purchasing managers’ index (PMI), the score tracking activity across the UK economy, dropped below the 50...
Trump Aims New Tariffs at 59 Countries and the European Union
Trump officials said they planned to impose levies of up to 12.5 percent on countries that failed to crack down on goods made with forced labor.
Ovo Energy to pay more than £10m over prepayment meter monitoring failings
Regulator finds inadequate monitoring by firm could have exposed vulnerable customers ‘to clear risk of harm’Ovo Energy has agreed to pay more than £10m after the energy regulator for Great Britain, Ofgem, found a lack of monitoring of vulnerable customers with prepayment meters (PPMs) could have exposed them to a “clear risk of harm”.Ofgem found that Ovo did not adequately monitor its PPM customers, including those on the priority services register, leading to breaches of the watchdog’s rules d...
Trump’s 12.5% additional tariffs move under Section 301: What does it mean for India
The Section 301 probe launched by the US in March 2026 is a known variable in India’s trade deal talks with America. Yet, the proposal to impose duties on around 60 countries assumes significance at a time when a delegation from the US is in India to finalise terms of the India-US trade deal.
Universal theme park gets £1.3bn taxpayer support - as name is revealed
Europe's first Universal theme park, is being built in the UK with £1.3bn in taxpayer support, it has been announced.
Currys names former shop assistant as its new chief executive
Currys names former shop assistant as its new chief executiveSee more This is Money on Google - save us as a Preferred SourceBy JANE DENTON, MONEY REPORTER Updated: 10:11, 3 June 2026 e-mail 8 View comments
Partners Group limits withdrawals in private equity fund for wealthy individuals
Swiss private capital firm caps redemptions from its $8.6bn flagship vehicle
Jim Chalmers' brutal attack on the Morrison government's economic record spectacularly backfires when he's accused of citing the wrong figures in Parliament
READ MORE: Australia's economy slumps in the wake of interest rate risesSee more Daily Mail on Google - save us as a Preferred SourceBy NICHOLAS COMINO, POLITICAL REPORTER, AUSTRALIA Published: 10:09, 3 June 2026 | Updated: 10:09, 3 June 2026 e-mail View comments
Ferrari vs Lamborghini vs McLaren: The Ultimate Supercar Showdown – Which One is Worth Your Hard-Earned Cash?
When it comes to thrills, nothing beats the adrenaline rush of a supercar. But with iconic brands like Ferrari, Lamborghini, and McLaren competing for your attention (and budget), which one truly delivers the best value for your money?
Unveiling Bernard Arnault: The Mastermind Behind the World’s Most Valuable Luxury Empire
From humble beginnings to commanding a staggering net worth of over $200 billion, Bernard Arnault's journey to becoming the richest man in the world is nothing short of extraordinary. Discover the secrets behind his luxury empire and how he reshaped the global fashion landscape.
Google makes biggest-ever equity capital markets transaction of all time
Google is planning a historic $80 billion equity capital markets transaction to fund its significant investments in artificial intelligence infrastructure. This massive fundraising effort includes a $40 billion at-the-market offering and a $10 billion private placement with Berkshire Hathaway, aiming to bolster its AI capabilities amidst fierce industry competition.
Cheaper gold by Rs 10 lakh - 15% import duty prompts smuggling wave in India
A recent surge in gold import duty has fueled a wave of smuggling, with illicit gold now available at discounts of up to Rs 10 lakh per kilogram. This creates a significant price disparity with legally imported bullion, mirroring trends seen after a similar duty hike in 2013. Industry experts warn of escalating unofficial imports.
The real reason your electric bill is soaring this summer will surprise you
As summer approaches, millions of Americans are bracing for higher electric bills. For many families already stretched by rising costs, that’s simply not sustainable.This isn’t just about hotter weather. It’s about a fundamental imbalance in our energy system that is driving costs higher.Electricity demand is rising fast, driven by data centers, new manufacturing, population growth and the electrification of everything from vehicles to home heating. The United States is using more power in more...
I’m a designer – the best supermarket homeware, including a £5.50 throw from Asda
Have you noticed that when you pop to the supermarket, the homeware section is looking more expensive and high-end than ever? Supermarkets like Asda, Tesco, Sainsbury’s (with their Habitat range), and Morrisons have stepped up their homeware game in a big way, meaning you can find surprisingly stylish pieces that hold their own against expensive brands. Aldi and Lidl often yield great finds, too – if you’re fast enough to bag one of their weekly bargains. Sophie Smith, interior designer and co-...
My 24-year-old has never had a job – the rejections have destroyed him
Celia Griver’s son, Nathan, is 24 and has been unemployed since leaving sixth form with three A-levels in 2020. Nathan is one of a growing number of young people not in employment, education or training (Neet). A report published by the former health secretary, Alan Milburn, last week found that nearly one million young people aged 16 to 24 in the UK are Neets, and six in 10 Neets have never had a job, up from four in 10 in 2025. “Nathan really wants to work, but has given up hope after countl...
Elon Musk is set to become the world’s first trillionaire. Democrats are taking aim.
Elon MuskElon Musk is expected to become the world’s first trillionaire. Democrats are taking aim.Move over millionaires and billionaires. A new entry to the political lexicon is spreading on the campaign trail.Elon Musk is expected to become the world's first trillionaire upon SpaceX's IPO.Chelsea Stahl / NBC News; Getty ImagesShareAdd NBC News to GoogleJune 3, 2026, 5:00 AM EDTBy David IngramProgressive politicians are sharpening their attacks against tech tycoon Elon Musk, zeroing in on his s...
Primark introduces £13 rule in all UK stores - started in April
Primark introduces £13 rule in all UK stores - started in AprilIt came as various retailers increaspay for shop assistants, as cost-of-living pressures continue to bite. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Chris Samuel 09:59, Wed, Jun 3, 2026 Updated: 09:59, Wed, Jun 3, 2026 The retailer has raised average hourly pay rates in England, Wales, and Scotland (Image: Getty)Primark introduced a £13 r...