Trump's China visit set to test fragile truce
The first US presidential visit to China in almost 10 years will test a fragile tariff truce.
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Can you move your pension to dodge inheritance tax? Fraudsters say so
Criminals exploit confusion or anxiety over new IHT rules by offering a ‘safe haven’ for savings pots The caller pitches a great deal. Shift the moneysaved in your pension and reinvest it in a scheme overseas where you can avoid it being caught under next year’s changes to the UK’s inheritance tax (IHT) system . From April next year, any money left in a defined contribution pension after your…
It's not shameful, it's savvy: The shoppers redefining how to save money on groceries
Many facing economic pressures and frustrations have begun shopping at budget grocery stores and warehouse clubs in lieu of traditional supermarkets, with priorities shifting in pursuit of good deals.
Saudi Arabian Oil Exports to China Set for Deep Drop in June
Saudi Arabian crude oil exports to China for loading in June are set to plunge to around 13 million to 14 million barrels, according to traders informed by the producer.
Oil prices climb after Trump dismisses Iran’s response to peace plan
Brent crude rises after US president calls overture from Tehran ‘totally unacceptable’ Business live – news updates Oil prices have climbed after Donald Trump condemned Iran’s response to US proposals to end the war as “totally unacceptable”. The president’s rejection of Tehran’s overture in a post on his Truth Social platform triggered a jump in Brent crude, the international benchmark for oil…
US Senate expected to confirm Kevin Warsh as next Federal Reserve chair
Warsh would succeed outgoing Fed chair Jerome Powell as Trump continues his push to influence the US central bank Sign up for the Breaking News US newsletter email The US Senate is expected to confirm Kevin Warsh this week as chair of the Federal Reserve , as Donald Trump continues his campaign to influence the world’s most important central bank. The Fed’s influence over the economy spans from…
Heathrow passenger numbers dip as demand for international travel ebbs amid Iran war fallout
Airport reports 5% decline but transit passenger business rises as fliers use hub to avoid Middle East airports Business live – news updates The number of passengers flying from London Heathrow fell last month, as war in the Middle East weighed on demand for international travel. About 6.7 million people flew through the airport in April, a 5% drop compared with the same period in 2025 and its…
Get back: Beatles’ Apple Corps to turn former London base into seven-storey visitor attraction
Paul McCartney hails plans for 3 Savile Row, which include access to rooftop where the band played their final gig The address may not sound familiar, and the street name is best known as the heart of British tailoring. But 3 Savile Row is one of the most iconic buildings in British pop and rock: the former home of the Beatles’ record label Apple Corps, and the location of the band’s final public…
I was fined £500 for putting a cigarette butt in a refuse sack
Haringey council’s penalty seems extortionate – especially when other authorities charge lower amounts I read your story about a man fined £500 for dropping a cigarette butt on the pavement. I have been issued with a £500 fixed-penalty notice (FPN) by Haringey council for putting a butt in a refuse sack awaiting collection on the street. Continue reading...
UK savings: six traps to avoid when you’re finding a new deal
If you are looking for a new account, there are some good rates around, but also pitfalls to watch out for Earning as much as 7% on your savings sounds great – but what’s the catch? The top-paying accounts often come with strings attached, which could mean your money is not working as hard as you thought. That’s important because there is a lot of cash sitting in fixed-rate savings accounts that…
Haggling prices and chasing debts - tradespeople hit with cost of living headache
More than half of tradespeople have seen an increase of late payments compared to a year ago, a survey finds.
Emerging Currencies Drop as Iran Conflict Dims Risk Appetite
Emerging-market currencies weakened against the dollar on Monday as oil advanced and tensions in the Middle East escalated, with President Donald Trump and Iran’s leadership rejecting each other’s peace proposals and signaling no end in sight to the 10-week-old war.
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AI investment ‘advice’ is 50% more likely to pump you up — and trip you into costly blunders
AI fuels impulsive actions — a human ‘defense coach’ is your best bet to win the market’s ‘loser’s game.’
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Gold Steady as Traders Track Hormuz Stalemate, Inflation Risks
Gold was steady as traders assessed the deadlock in the Strait of Hormuz that has sent oil prices higher and added further fuel to inflation concerns.
Bloomberg Markets -
Oil price charts produced a pattern not seen in 36 years. What happened last time?
Brent crude futures charts produced a technical pattern that hasn’t been seen in 36 years, and what that could mean for oil prices.
MarketWatch Top Stories -
GameStop Shares Roiled by Short-Lived Roaring Kitty Posts
GameStop Corp. shares spiked and then quickly dropped in postmarket trading Monday after cryptic social media posts showed up and then disappeared from the social media account of Keith Gill, the f…
Bloomberg Markets -
US Unleashes Another Wave of Emergency Oil as Gas Prices Bite
The US Strategic Petroleum Reserve awarded 53.3 million barrels to companies including oil trader Trafigura Group and US refiner Marathon Petroleum Corp, adding to a wave of oil released to help ta…
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Gen Z Shoppers Driving Traffic Growth at Simon’s Malls, CEO Says
Mall owner Simon Property Group Inc. is seeing strong interest from Gen Z shoppers and the brands that target them, Chief Executive Officer Eli Simon said on a call with investors.
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Oil Holds Gain as Trump Casts Doubt Over Ceasefire With Iran
Oil steadied as US President Donald Trump cast doubt over the ceasefire with Iran after rejecting Tehran’s latest peace offer, prolonging the effective closure of the vital Strait of Hormuz.
Bloomberg Markets -
Americans Who Were On Hantavirus Ship Back In US— Should You Worry About Outbreak? Doctor Weighs In
18 Americans who were on the hantavirus-hit luxury cruise ship arrived back to the United States early Monday.
Forbes Business -
Asian Stocks to Rise, Oil Gains on Iran Deadlock: Markets Wrap
Asian stocks looked set to rise as traders stayed bullish on the AI trade even as the US and Iran failed to reach any peace deal. Oil climbed and Treasuries fell.
Bloomberg Markets -
China Investors Bet Xi-Trump Meet to Extend Trade-Detente Rally
China investors are counting on the summit between Xi Jinping and Donald Trump to deliver just enough to sustain the detente trade underpinning stocks and the yuan.
Bloomberg Markets -
Sunshine Silver Files for IPO Seeking Funds to Reopen Idaho Mine
Sunshine Silver Mining & Refining Co. filed for a US initial public offering, and is seeking funds to restart a mine in Idaho that previously produced silver, antimony and other minerals.
Bloomberg Markets -
Jennifer Harmon, Cathy Craig Lord On ‘One Life To Live,’ Dies At 82
Jennifer Harmon, a stage and screen actress who earned a Daytime Emmy nomination for her work on the ABC daytime drama "One Life to Live," from 1976 to 1978, has died.
Forbes Business -
Here’s the next AI ‘battleground’ — and how investors can get in on the action
Lumentum’s stock has been red hot, but there are plenty of lesser-known ways to capitalize on the growing connectivity needs of AI data centers, according to Bernstein.
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AST SpaceMobile’s stock drops as earnings come with a big disappointment
Investors had been excited early Monday about speed breakthroughs at the satellite company. But the after-hours earnings report showed a sizable revenue miss.
MarketWatch Top Stories -
Ackman’s Pershing Seeks to Toss Suit Over Howard Hughes Deal
Pershing Square sought to toss what it called a “facially defective” shareholder lawsuit accusing founder Bill Ackman of bullying Howard Hughes Holdings Inc. directors into a deal that increased th…
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Stocks are hitting record highs even as Iran war drags on. How long can it last?
The S&P 500 finished above 7,400 for the first time ever but Wall Street’s ‘fear gauge’ also spiked
MarketWatch Top Stories -
‘I’m not an extravagant spender’: I’m in my 70s with a $90,000 income. Can I afford my dream home with a pool?
“My current house is all paid off, and it’s worth $650,000.”
MarketWatch Top Stories -
Another Record Setting Day for US Equities | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bl…
Bloomberg Markets -
Cash-strapped homeowners may soon have no choice but to repair their aging houses. These stocks can benefit.
Home Depot and Lowe’s have struggled this year, but UBS analysts say they’re due to benefit as homeowners reach a tipping point with units built during the mid-2000s housing boom.
MarketWatch Top Stories -
Central Banks in Wait-and-See Mode: Kochugovindan
Aberdeen Senior Research Economist Sree Kochugovindan, says inflation expectations remain anchored for now and monetary policy remains on hold for the BOE, ECB and the Federal Reserve for the rest …
Bloomberg Markets -
Figuring out how to watch NBA playoff games has been a struggle. And — sorry, sports fans — it’s only getting worse.
NBA playoff games have been split up among myriad networks and streaming services, leaving fans scratching their heads about where to find the games. Matters become a bit simpler in the later round…
MarketWatch Top Stories -
Larry Fink ‘Quite Bullish’ on Opportunity to Invest in Venezuela
BlackRock Inc. Chief Executive Officer Larry Fink expressed optimism about investing in Venezuela following the overhaul sparked by Nicolas Maduro’s removal.
Bloomberg Markets -
Iren’s stock pulls back as investors assess the steep price of the AI buildout
Iren will take on debt in the wake of its new Nvidia partnership. One analyst said Monday’s stock drop is an overreaction.
MarketWatch Top Stories -
Strategy’s Michael Saylor raps about how he gets shareholders to pay for bitcoin buys
Strategy has sold more common stock to buy bitcoin, and Executive Chair Michael Saylor has posted a video on X in which he raps about using the “equity ATM” in an effort to hurt those who bet again…
MarketWatch Top Stories -
Market Still Expecting Strait of Hormuz to Reopen: Renaud-Chatelain
Pictet Wealth Management Senior Fixed Income Strategist Laureline Renaud-Chatelain says short-term inflation rates have not priced in the worse-case scenario of an extended closure of the Strait of…
Bloomberg Markets -
Iran's Hormuz Standoff Just Rewired Trump's Beijing Summit With Xi
With the US-Iran ceasefire on "massive life support" and the Strait of Hormuz still shut, Trump arrives in Beijing weaker than planned. Energy now defines the Xi summit.
Forbes Business -
Hims’ Pivot to Branded Obesity Drugs Comes With Rising Costs
Hims & Hers Health Inc. reported a first-quarter loss and sales that missed Wall Street estimates as it faces higher costs associated with its strategic pivot to branded weight-loss medications.
Bloomberg Markets -
DRAM's First-Month Surge, Corgi Launches Record 34 ETFs | ETF IQ 5/11/2026
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: Mayuranki De, Raymond James …
Bloomberg Markets -
All Passengers Are Off The Hantavirus-Stricken Cruise Ship (Latest Updates)
One of the American evacuees tested positive while another is showing mild symptoms, the HHS said.
Forbes Business -
Advent, ADIA-Backed Power Equipment Firm Innio Files for IPO
Gas engine manufacturer Innio Holding GmbH filed for a US initial public offering, joining a slew of industrial companies looking to tap the surge in data center spending.
Bloomberg Markets -
Lighthouse Cafe To Open At Montauk Point State Park This June
The waterfront venue will offer all-day service, plus a full bar and luxury apparel shop.
Forbes Business -
Ilya Sutskever Testifies He Holds $7 Billion OpenAI Stake—Second New Billionaire Revealed In Musk-Altman Trial
The OpenAI cofounder testified during the third week of the trial, following OpenAI president Greg Brockman and Microsoft CEO Satya Nadella.
Forbes Business -
Trump’s Approval Rating Still Below 40% As Half Of Republicans Blame Trump For High Gas Prices
Trump had a 36% approval rating in the latest poll released Monday.
Forbes Business -
If Vox Media Sells Its Brands To James Murdoch, Are Digital Media Companies Done?
Vox Media may sell many of its most valuable brands to James Murdoch, questioning the assumption that a brand-driven digital media company can survive.
Forbes Business -
IndyCar Changes Qualification Format For 110th Indianapolis 500
With no need for a Last Chance Qualifying Round, IndyCar added another round to the May 17 final day of Indy 500 Qualfications with drivers competing to make the Fast 12.
Forbes Business -
Scale, Pricing Power for Fee Compression: Wallace
Ally Wallace, Global Head of ETFs at Morgan Stanley Investment Management, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." (Source: Bloomberg)
Bloomberg Markets -
Radio Station Owner Spanish Broadcasting Files Bankruptcy
Radio station owner Spanish Broadcasting System Inc. filed for bankruptcy on Monday after announcing plans to hand ownership to noteholders in exchange for restructuring the debt.
Bloomberg Markets -
Trump Signing Orders Targeting Beef Prices After 16% Surge In Past Year
The two orders would temporarily slash beef import tariffs as grocery costs loom over the November midterms.
Forbes Business -
Silver Price Jumps The Most In Months—Could Record Highs Return?
Silver neared the $90 mark for the first time in two months Monday as some analysts suggest it could again approach record-high prices later this year.
Forbes Business -
IndyCar Returns To ‘Jerry World’ With Grand Prix Of Arlington In 2027
IndyCar will return to the Java House Grand Prix of Arlington as the 2027 dates were announced on May 11. A look at why the inaugural race success was a huge success.
Forbes Business -
Scottie Scheffler Looks To Repeat At The 2026 PGA Championship. Here’s How To Watch
The 2026 PGA Championship returns to Aronimink for the first time in 64 years. Here’s the tee times, TV schedule, streaming details and how to watch every round live.
Forbes Business -
Ramaphosa Shuns Calls to Resign as Lawmakers Prepare Inquiry
South African President Cyril Ramaphosa said he would contest a report that criticized his handling of a robbery at his farm in 2020 after a ruling by the nation’s top court resurrected the scandal…
Bloomberg Markets -
Golf’s Biggest Spectator Problem Is Becoming A 5G Business Opportunity
At the PGA Championship, connectivity is doing more than enhancing coverage, it’s positioning live sports as a proving ground for enterprise tech.
Forbes Business -
Ronda Rousey Vs. Gina Carano Full Fight Card Set With 11 Bouts
Ronda Rousey and Gina Carano return to women’s mixed martial arts after a decade to headline MVP MMA 1 on May 16. Here’s the full fight card, start time and how to watch live.
Forbes Business -
Elon Musk and Tim Cook among CEOs expected to accompany Trump on China trip
A total of 17 US executives are set to join the president on his visit, where he will meet his Chinese counterpart Xi Jinping.
BBC Business -
Texas Sues Netflix For Allegedly ‘Spying’ On Customers
Texas Attorney General Ken Paxton claimed the streaming service’s data collection and targeted ads amounted to “spying” on customers.
Forbes Business -
‘Mortal Kombat III’: Here’s Good News For Fans Hoping For Sequel
“Mortal Kombat II” had a strong opening in theaters worldwide over the weekend, which naturally begs the question of whether there will be a “Mortal Kombat III.”
Forbes Business -
Blake Lively Vs. Justin Baldoni— Why The Settlement Isn't The End Of Their Legal Fight: Attorney
Despite both sides agreeing to a settlement two weeks before they were headed to trial, Blake Lively and Justin Baldoni's contentious legal fight isn't over.
Forbes Business -
Prison Reform Has Become A Conservative Initiative
Liberals have often cited the need for criminal justice reform. However, it is conservatives that appear to making more headway.
Forbes Business -
Nvidia’s Jensen Huang Nears $200 Billion Club—Overtakes Michael Dell As 7th Richest
Shares of the world’s largest company approached another record.
Forbes Business