Economy

Berkshire Hathaway filing provides glimpse of share buyback resumption

Berkshire Hathaway filed its definitive proxy statement with the SEC late this afternoon ahead of the company's annual shareholders meeting on May 2 in Omaha.

'Everything is going up': Americans struggle with affordability despite Trump’s claims

US workers are finding it difficult to afford basic necessities as the president claims ‘the economy is roaring back’

Berkshire Hathaway will start repurchasing its own shares—what buybacks mean for investors

Large U.S. firms spent about $1 trillion on their own shares in 2025, according to Morningstar estimates.

Some oil-loading operations in UAE hub of Fujairah suspended after fire: Reuters

Iran's Islamic Revolutionary Guards Corps said U.S. interests in the UAE including ports are targets after U.S. attack on Iranian island.

Global food supplies could be badly hit if Iran war drags on, says fertiliser boss

Yara’s Svein Tore Holsether says it would be ‘catastrophic’ if the strait of Hormuz was closed for a year

A Paramount-Warner Bros. Movie Slate Could Rule the 2027 Box Office, But Is It Sustainable?

Paramount CEO David Ellison has said he wants to make 30 movies a year and has franchises like Godzilla-Kong, Superman and Sonic the Hedgehog to lean on.

How America Learned to Love Barnes & Noble Again

Barnes & Noble was once the avatar for sinister big-box stores on the march against independent businesses. In 1998’s You’ve Got Mail, Tom Hanks plays an executive at Foxbooks, a thinly disguised bookstore chain, who puts out of business (and also, weirdly, seduces) an independent bookseller played by Meg Ryan. Local bookstores were, at the time, folding en masse, and people were mad about the growing predominance of chain retail.

How to ensure Trump's efforts to bring prices down are not in vain

President Donald Trump won back the White House on a clear and resonant promise to bring prices down and restore affordability for American families after years of Bidenflation. In his State of the Union address, he said, “We are doing really well… prices are plummeting downward.” His focus on affordability resonates with the millions of Americans who are feeling the squeeze in their daily lives.

War prompts Europeans to switch holidays away from eastern Mediterranean

Summer holidaymakers opting for ‘more familiar, easy-to-reach locations’ as travel industry counts cost of Middle East conflict

EPA, let me drive my kei car!

While teaching English in Okinawa, Japan, I bought a used 2012 Nissan Moco for $1,300 to zip around the island. While not ideal for America’s high-speed interstate travel, it was perfectly suited for commuting around Okinawa’s urban districts and taking in its breathtaking views, from day trips up north to Cape Hedo or Nakijin Castle Ruins.

Fallouts and financial woes: inside Heston Blumenthal’s sinking empire

Current and ex-staff claim demise of London restaurant can be traced back to the departure of chef’s right-hand man

Trump administration directs Sable Offshore to restore Santa Ynez oil unit

The Trump administration on Friday directed Sable Offshore to restore oil drilling operations off the southern California coast, the U.S. Energy Department said.