White House Advisor Dismisses Iran War Economic Impact
Kevin Hassett, Trump's top economic advisor, downplayed fears that the Iran conflict could harm US consumers, calling it 'the last of our concerns' amid rising gas prices.
Category : Business
Trump Weighs $1B Payout to Stop Offshore Wind Projects
The White House is drafting agreements to pay TotalEnergies nearly $1 billion to abandon major offshore wind projects in New York and North Carolina, shifting from legal battles to financial settlements.
Sunrise Host Confronts Treasurer Over Inflation and Rate Hikes
Natalie Barr challenges Jim Chalmers on government spending's role in inflation as RBA raises rates to 4.1%, sparking debate over economic responsibility.
Fatburger, Johnny Rockets May Be Sold in FAT Brands Bankruptcy
FAT Brands, owner of Fatburger and Johnny Rockets, seeks court approval to sell assets amid Chapter 11 proceedings, with debts estimated between $1-10 billion.
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US Gas Prices Hit Highest Since 2023 Amid Iran War
US drivers face the highest gas prices since 2023 as the Iran war disrupts global oil flow, with national averages soaring to $3.79 per gallon, straining household budgets and fueling inflation concerns.
Aslef Boss Calls for Second Safety Person on All Trains
Dave Calfe, the new Aslef general secretary, insists every train needs a second safety-critical crew member, opposing driver-only operation and pushing for nationalisation of open access rail services.
Cesar Chavez Celebrations Cancelled Over Abuse Allegations
The United Farm Workers union has withdrawn from annual celebrations of founder Cesar Chavez due to troubling but unspecified allegations of abuse against young women or minors.
Atlassian Legal Battle Over Firing of Engineer Who Called CEO 'Rich Jerk'
Former Atlassian software engineer Denise Unterwurzacher claims she was illegally fired after criticising co-CEO Mike Cannon-Brookes during company restructuring plans. The case is now before the US National Labor Relations Board.
Psychoactive Chocolate Bars Evaded Regulations, Hit Stores
PolkaDot-branded chocolate bars containing psilocybin and synthetic tryptamines bypassed regulations through dietary supplement loopholes, reaching convenience stores across Denver and California despite health warnings.
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RBA Raises Interest Rates as Middle East Conflict Fuels Inflation
The Reserve Bank of Australia has increased interest rates for the second consecutive month, warning that prolonged conflict in the Middle East could drive inflation higher. The 4.1% cash rate hike adds financial pressure on mortgage holders.
Kohl's Mulls 2026 Store Openings After Financial Recovery
Kohl's CEO Michael Bender announces potential new store openings in 2026 as the retailer stabilizes with over 90% of its 1,100 stores profitable, focusing on productivity over expansion.
Historic 1673 Bowman House in London for Sale at £4.6M
Bowman House, a Grade II-listed mansion built in 1673 and one of London's oldest homes, is on the market for £4.6 million after a meticulous restoration.
NYC Transit Sues Trump Over Subway Funding Withholding
The Metropolitan Transportation Authority has filed a lawsuit against the Trump administration for withholding nearly $60 million in federal funds for a Manhattan subway extension, risking the $7.7 billion project.
BA Cancels Dubai Flights Until Summer Over Middle East Unrest
British Airways has cancelled all flights to Dubai until June due to ongoing instability in Middle Eastern airspace, with other regional routes also affected.
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Bank of America Settles Epstein Lawsuit Over Financial Ties
Bank of America has tentatively settled a lawsuit alleging it ignored suspicious transactions tied to Jeffrey Epstein's sex trafficking operation, with terms undisclosed.
Gyms and Spas Outnumber Retail Stores in America
Service-based businesses like gyms and spas now occupy over 50% of U.S. retail space, surpassing goods-based retailers for the first time as the wellness market hits $2.1 trillion.
US Airport Chaos: TSA Shortages and Storms Cause Travel Nightmare
Major US airports face continuous cancellations and severe delays as TSA staff shortages from the government shutdown and severe weather create travel chaos nationwide.
Gyms and Spas Outnumber Retail Stores in US Market Shift
Service-based businesses like gyms and spas now lease over 50% of US retail space, surpassing goods retailers for the first time, driven by a $2.1 trillion wellness economy.
Deaf Passenger Removed from Frontier Flight Over Alcohol
A deaf woman claims she was removed from a Frontier Airlines flight due to her disability, while the airline cites an open alcohol container violation as the reason.
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Reeves Invites AI Entrepreneurs to UK with New Institute
Chancellor Rachel Reeves announces a new AI economics institute and £500 million fund, urging entrepreneurs to choose the UK for innovation and resilience against global shocks.
Dyson V8 Vacuum £100 Off: Great for Carpets & Hair
The Dyson V8 Cyclone cordless vacuum cleaner is now £249 on Amazon, a 29% discount. Praised for powerful suction and anti-hair clog technology, it has sold over 300 units this month.
Chelsea Handler's RFK Jr. Home Bought as Toxic Disaster
Comedian Chelsea Handler reveals she bought a $5.9 million Los Angeles home from RFK Jr. and Cheryl Hines, only to find it uninhabitable due to toxicity and illegal structures.
UK Markets Rise as US Rate Decision Looms and Brexit Policy Shifts
London stocks and the pound gained as Chancellor Rachel Reeves advocated for closer EU alignment to boost trade, while company insolvencies surged and oil prices fluctuated.
Bank of America Settles Epstein Victims' Lawsuit
Bank of America has tentatively settled a lawsuit alleging it ignored suspicious transactions linked to Jeffrey Epstein's sex trafficking. The settlement, revealed in Manhattan federal court, involves claims the bank facilitated Epstein's abuse of hundred
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Chelsea Handler's Toxic $6M House Bought from RFK Jr
Comedian Chelsea Handler reveals she bought a toxic $6 million Los Angeles home from RFK Jr and Cheryl Hines, unable to live there for four years due to severe issues.
MPs Demand Answers After Lloyds Banking App Data Breach
Lloyds Banking Group faces intense scrutiny from the Treasury Committee after a data breach allowed customers to view others' financial transactions via its app, prompting demands for details on affected users and compensation.
DVSA Driving Test Changes to Stop Bot Bookings
The DVSA has announced new rules for UK driving tests, including limits on booking changes and restrictions on who can book tests, to prevent bots and third-party reselling.
UK Fuel Prices Soar: Diesel on 'Crash Course' to 170p a Litre
Petrol prices have risen 10p a litre since the Iran war escalated, with diesel up 20p, hitting drivers hard as oil costs surge above $100 a barrel.
Government Addresses Energy Scaremongering, Pledges Support
Energy Minister Michael Shanks dismisses scaremongering over UK energy supplies, confirming strong and diverse resources while promising consumer assistance amid rising bills due to Middle East conflict.
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Chelsea Handler Slams RFK Jr Over 'Toxic' Home Purchase
Comedian Chelsea Handler reveals she bought a 'disaster' Los Angeles property from RFK Jr and Cheryl Hines, calling it 'the most toxic environment' and criticising Kennedy's role.
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