The quiet $8 billion crisis: long COVID costs keep rising as Washington looks away NIH grants canceled, the federal office shuttered, clinics closing — the government is turning its eyes elsewhere as 44 million suffer. #The #quiet #billion #crisis #long

U.S. debt is the ‘elephant in the room’ amid bond market rout as Fed-fueled interest costs could drive even larger deficits, analysts warn "In our view, unsustainable fiscal dynamics are compounding with a reflation story, turning a short-term problem into a long-end selloff." #debt #the #elephant #the #room

What is driving rising fuel prices in Kenya? | DW News Fuel prices in Kenya are rising, triggering protests across the country after sharp increases in diesel and petrol costs. Some demonstrations have turned deadly. #What #driving #rising #fuel #prices

Warsh faces mounting rate rise bets as he takes charge of Fed Markets expect central bank to lift borrowing costs by end of 2026 #Warsh #faces #mounting #rate #rise

A school district’s lawsuit against Meta for mental health costs was set for trial next month. Zuckerberg settled The school district had sought more than $60 million to create a 15-year program it said would help counteract mental health and learning issues. #school #districts #lawsuit #against #Meta

Current price of oil as of May 21, 2026 When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why. #Current #price #oil #May #2026

Fuel sales collapse as Iran war costs knock savings A growing number of UK households are dipping into savings as rising costs linked to the US-Iran war pile pressure on family budgets, according to a closely-watched survey as official figures chart a collapse in fuel sales. #Fuel #sales #collapse #Iran #war

The looming crisis putting Europe’s energy security at risk  – POLITICO With a smaller proportion of oil and gas supplies likely to be compliant, less availability means there’s a real risk this looming crisis will affect energy affordability for households and businesses alike. Remember, these rules have nothing to do with lowering levels of methane, which the legislation does not demand until 2030, but are about adhering to measurement, reporting, certification and verification standards for which neither the European Commission nor member states have done the work to establish in time for implementation.    With a smaller proportion of oil and gas supplies likely to be compliant, less availability means there’s a real risk this looming crisis will affect energy affordability for households and businesses alike.    Consumers will ultimately bear the burden through anticipated higher gas and/or fuel prices; Wood Mackenzie say gasoline and diesel prices could increase by 24 percent and 16 percent respectively. The Commission knows this but appears unwilling to make the necessary changes to reduce the cost burden on its citizens.  High energy costs would further damage the competitiveness of Europe’s energy intensive industries like steel, chemicals and manufacturing — leading the bloc further down the path of additional self-inflicted deindustrialization. ... #The #looming #crisis #putting #Europes

Prakash Arunkundrum, HP’s first-ever chief strategy and transformation officer, bets edge AI will ‘bring the token cost down’ AI PCs are helping to drive HP's sales, even as higher memory costs are starting to erode margins. #Prakash #Arunkundrum #HPs #first #ever

Iran war squeezes Europe’s economy as growth slumps, prices surge Europe’s economy is slowing sharply as the Iran war drives up energy costs, deepening pressure on households and challenging policy makers. Fresh data for May showed euro zone business activity contracted at its fastest pace in more than two years while inflation pressures intensified, raising fears of a prolonged cost-of-living crunch and possible recession. #Iran #war #squeezes #Europes #economy

‘We’ve Never Been This Bad.’ Eastern Pennsylvania Weighs Rising Costs. With two swing districts, the region from Scranton to Allentown could decide control of the House, and voters are expressing profound economic distress. #Weve #Never #Been #This #Bad

Eurowings to takes over routes from Berlin as Ryanair pulls out Budget airline Ryanair has repeatedly slashed flights from Berlin citing high taxes and costs. Now Eurowings has announced plans to takeover some of those routes and add others. #Eurowings #takes #over #routes #from

How 8,000 robots are changing work inside logistics giant DHL Supply Chain DHL Supply Chain relies on three key robotics vendors—Locus Robotics, Boston Dynamics, and Robust AI—to cut costs, lower employee turnover, and boost worker satisfaction. #How #8000 #robots #are #changing

Current price of oil as of May 20, 2026 When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why. #Current #price #oil #May #2026

Current price of oil as of May 19, 2026 When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why. #Current #price #oil #May #2026

Current price of oil as of May 15, 2026 When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why. #Current #price #oil #May #2026

No need for Bank of England rate rise this year, IMF says The Bank of England will not need to raise interest rates this year to combat the effects of rising energy costs, according to the world's lender of last resort. #need #for #Bank #England #rate

Mortgage costs rise sharply on Middle East conflict Home loans have become more expensive in North America and Europe despite central banks keeping rates on hold #Mortgage #costs #rise #sharply #Middle

Mortgage costs rise sharply on Middle East conflict Home loans have become more expensive in North America and Europe despite central banks keeping rates on hold #Mortgage #costs #rise #sharply #Middle

Gulf freight rates jump as shipping companies turn to trucks to move cargo Businesses face thousands of dollars in extra costs, with lorries only able to carry a fraction of the goods #Gulf #freight #rates #jump #shipping

EU facing 'second big wake-up call' on energy, Irish Minister Darragh O'Brien says Our guest this week is Darragh O'Brien, Ireland's Minister for Climate, Energy and the Environment and Minister for Transport. In his position, O'Brien has been directly involved in dealing with the fallout of the Middle East crisis, especially rising energy costs. #facing #second #big #wake #call

UK borrowing costs hit fresh financial crash-era high amid political uncertainty The benchmark UK borrowing cost has hit a fresh financial crash-era high as Prime Minister Sir Keir Starmer faces a potential leadership challenge from Manchester mayor Andy Burnham. #borrowing #costs #hit #fresh #financial

UK borrowing costs hit fresh financial crash-era high amid political uncertainty The benchmark UK borrowing cost has hit a fresh financial crash-era high as Prime Minister Sir Keir Starmer faces a potential leadership challenge from Manchester mayor Andy Burnham. #borrowing #costs #hit #fresh #financial

Bat deaths over the last two decades have cost American taxpayers in lost crops, higher taxes, and pricier bonds A fungal disease decimating bat colonies is driving up crop losses, shrinking rural tax bases, and raising borrowing costs for county governments. #Bat #deaths #over #the #last

Balancing Pressure and Possibility: The New Playbook for Hotel F&B How rising costs, shifting guest expectations, and new technologies are redefining profitability and creating a path forward for innovative operators By Guy Reinbold #Balancing #Pressure #and #Possibility #The

Price shocks from the Iran war power solar sales in energy-hungry Asia Soaring costs for fuel due to the Iran war are leading consumers in hard-hit Asia toward rooftop solar power, a likely windfall for China as the world's largest provider of solar technology. FRANCE 24's Sharon Gaffney speaks with Maria-Eugenia Sanin, Economics Professor at Université Paris-Est Créteil, about reliance on China for renewables. #Price #shocks #from #the #Iran

Senate confirms Trump pick Kevin Warsh as Federal Reserve chair The US Senate on Wednesday confirmed Kevin Warsh – Trump's top pick – as the new Federal Reserve chair in the most partisan vote ever for the role. Warsh takes over as policymakers warn persistent price pressures could complicate President Donald Trump’s push for lower borrowing costs. #Senate #confirms #Trump #pick #Kevin

US wholesale inflation hits 6% as Iran war sends fuel and freight costs soaring Producer price index rises at fastest rate since Russia’s full-scale invasion of Ukraine #wholesale #inflation #hits #Iran #war

Current price of oil as of May 13, 2026 When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why. #Current #price #oil #May #2026

Current price of oil as of May 12, 2026 When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why. #Current #price #oil #May #2026

Exclusive: Martha Stewart’s new AI startup wants to manage your home before things break Hint, cofounded by Stewart and backed by Slow Ventures, uses AI to track maintenance, insurance, utility costs, and repairs—turning the home into the next frontier for AI assistants. #Exclusive #Martha #Stewarts #new #startup

Inflation Accelerates as Iran War Drives Up Energy Costs Also, Russia keeps attacking U.S. #Inflation #Accelerates #Iran #War #Drives

Oops. Trump’s ‘Golden Dome’ missile defense system actually costs about $1 trillion more than he said it would The CBO report is described as an analysis that reflects “one illustrative approach rather than an estimate of a specific Administration proposal." #Oops #Trumps #Golden #Dome #missile

CPI Shows Inflation Accelerating to 3.8% Annually in April After Weeks of War in Iran The consumer price index increased X.X% in April from a year earlier as higher energy costs raised a range of prices for Americans. #CPI #Shows #Inflation #Accelerating #Annually

Current price of oil as of May 11, 2026 When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why. #Current #price #oil #May #2026

Consumers Lean on a ‘Hamster Wheel’ of Credit to Manage Rising Costs As prices increase for gas, groceries and other staples, more and more households are borrowing to get by. #Consumers #Lean #Hamster #Wheel #Credit

CPI Shows Inflation Accelerating After Weeks of War in Iran The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans. #CPI #Shows #Inflation #Accelerating #After

UK borrowing costs hit decades long high as pressure mounts on Starmer The cost of UK government borrowing has hit a high not seen in decades as Prime Minister Keir Starmer faces mounting threats to his leadership and the oil price rises. #borrowing #costs #hit #decades #long

UK borrowing costs hit decades long high as pressure mounts on Starmer The cost of UK government borrowing has hit a high not seen in decades as Prime Minister Keir Starmer faces mounting threats to his leadership and the oil price rises. #borrowing #costs #hit #decades #long

UK borrowing costs surge as Starmer leadership crisis rattles bond markets 30-year gilt yield at highest this century as cabinet ministers pressure prime minister to consider his position #borrowing #costs #surge #Starmer #leadership

US lawmakers to consider suspending federal tax on petrol Republican Senator Josh Hawley to introduce legislation as Donald Trump backs the move amid soaring fuel costs #lawmakers #consider #suspending #federal #tax

EU weighs adding carbon costs to outbound flights Proposal likely to trigger backlash from airline industry and the US #weighs #adding #carbon #costs #outbound

Iran war could prompt Federal Reserve to raise rates, Pimco says Bond giant and Franklin Templeton warn in interviews with FT against cuts in borrowing costs #Iran #war #could #prompt #Federal

‘Employers are increasingly turning to degree and GPA’ in hiring: Recruiters retreat from ‘talent is everywhere,’ double down on top colleges Hiring skills over people is no longer en vogue as firms deprioritize DEI and cut down on recruiting costs. #Employers #are #increasingly #turning #degree

Driving less, canceling vacations, and tightening budgets: All the ways Americans are coping with soaring gas prices Drivers are long past the point where higher gasoline costs start influencing behavior. #Driving #less #canceling #vacations #and

Current price of oil as of May 7, 2026 When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why. #Current #price #oil #May #2026

‘Fired From Retirement’: Financially Insecure, Older Americans Return to the Grind People return to work for many reasons, but the biggest is financial need. As costs remain high, more retirees could be looking to re-enter the job market. #Fired #From #Retirement #Financially #Insecure

How Energy Prices Are Driving Demand for Solar Panels and Heat Pumps Already having faced an energy crisis five years ago, more European consumers believe they are “one Trump-ignited war away” from crushing costs. #How #Energy #Prices #Are #Driving

Travel costs soar for Champions League final Fans of Paris Saint Germain and Arsenal are facing soaring costs, as they scramble to book trips to Budapest for the final of the Champions League. Demand for flights and accomodation has spiked since the two football teams qualified for the match on May 30. #Travel #costs #soar #for #Champions

2027 BMW iX3 Costs Less and Goes Farther Than the Porsche Macan EV Along with up to 434 miles of EPA-estimated range, BMW's new electric compact luxury SUV starts at $62,850. #2027 #BMW #iX3 #Costs #Less

‘That alone should win us the midterms’: Trump wants voters to ignore higher costs, giant pharma profits and focus on drug prices White House economists estimate deals with pharma companies to drop some prescription drug prices could save $529 billion over the next 10 years. #That #alone #should #win #the

Next plans 'moderate' price hikes as rising costs hit businesses Next is planning "moderate" price increases this month as a closely watched survey of companies reports the fastest rise in cost pressures for three-and-a-half years. #Next #plans #moderate #price #hikes