US Postal Service Reports $2.1 Billion Loss in February 2027
The US Postal Service recorded a $2.1 billion net loss in February 2027, driven by declining mail volumes and rising costs, despite package growth.
Category : Markets
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.
Beyond Guinness: Top Irish Beers to Try This St Patrick's Day
Discover the best Irish beers beyond Guinness, from crisp lagers to rich stouts, as we explore Ireland's brewing traditions and top picks available in the US.
Mortgage Rates Jump, Adding £800 Annually Amid Global Tensions
Average two-year fixed mortgage rates have risen from 4.83% to 5.28% in weeks, costing borrowers nearly £800 more yearly due to economic fallout from the Iran war and 'Trumpflation'.
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Disney Vendor Crackdown Leaves Families and Businesses in Tears
Walt Disney World's enforcement of long-standing rules against third-party vendors on its property has disrupted small businesses and left families scrambling for alternatives.
Royal Mail Delays Affect 88 UK Postcodes Amid Stamp Price Rise
Royal Mail faces ongoing delivery disruptions across 32 offices impacting 88 postcodes, while announcing stamp price increases to £1.80 for First Class and 91p for Second Class from April.
Asian Shares Mixed, US Futures Slip as Brent Oil Tops $100
Asian shares show mixed performance as Brent crude oil hovers above $100 a barrel, impacting US futures and global markets amid Middle East tensions.
FTSE 100 Gains as NATO Rejects Trump's Hormuz Military Call
London's FTSE 100 index closed higher despite Middle East tensions, as NATO allies pushed back on US President Trump's demand for military help to reopen the Strait of Hormuz. Oil prices remained above $100 a barrel.
Wall Street Surges as Oil Prices Retreat from Iran War Spike
U.S. stock markets recorded their best day in five weeks as oil prices fell sharply, easing inflation fears despite ongoing conflict in the Middle East and Strait of Hormuz disruptions.
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Shell Hits £190bn High as Middle East War Boosts Oil Prices
Shell's market value soared to an all-time high of £190bn, with global oil giants like ExxonMobil and Chevron also seeing record valuations amid Middle East conflict-driven price spikes.
Oil Prices Jump After US Strikes Iran's Kharg Island
Global oil prices have risen sharply following US military strikes on Iran's vital Kharg Island oil export hub, with Brent crude climbing above $105 per barrel amid supply fears.
NCP Car Parks Administration Threat, 700 Jobs at Risk
National Car Parks (NCP) has filed a notice to appoint administrators, putting 300 car parks and 700 jobs across the UK in jeopardy. PricewaterhouseCoopers is handling the process.
Manly Cabs Collapses After 70 Years, Fleet Ordered Off Road
Manly Warringah Cabs, a taxi company operating for over seven decades, has abruptly closed, leaving customers stranded and drivers unemployed as its fleet is ordered off the road.
Popeyes Closes Sites After Franchisee Bankruptcy
Three Popeyes restaurants in Georgia have closed after Sailormen Inc., a major franchisee managing 136 locations, filed for Chapter 11 bankruptcy, citing inflation and labor issues.
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Heston Blumenthal's Empire Sinks as Staff Point to Key Departure
Heston Blumenthal's two Michelin-star restaurant, Dinner by Heston, is closing amid financial struggles and internal disputes. Current and former staff attribute its decline to the exit of chef Ashley Palmer-Watts.
Wetherspoons Pint Prices May Rise Due to Iran War Energy Costs
JD Wetherspoon warns its commitment to low prices could be tested as surging energy costs from the Iran conflict threaten pub chain profits and consumer spending.
FTSE 100 Falls on Strait of Hormuz Uncertainty and UK GDP Data
London stocks closed lower as geopolitical risks in the Middle East and disappointing UK GDP figures weighed on investor sentiment, with the FTSE 100 down 0.4% for the day.
Wetherspoon Profit Warning Amid Iran War Energy Cost Crisis
Pub giant JD Wetherspoon issues profit alert as surging energy, wage, and business rate costs hit margins. Experts warn Iran conflict could worsen inflation pressures on the chain's operations.
Planta Vegan Restaurant Chain Enters Liquidation After Bankruptcy
The upscale vegan restaurant chain Planta has been forced into Chapter 7 liquidation, closing all locations. This marks another setback for the plant-based dining sector amid rising costs and shifting consumer trends.
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Viagogo Expands Open Distribution Ticketing in UK
Secondary ticket platform Viagogo is doubling down on UK expansion with its airline-style 'open distribution' model, aiming to disrupt Ticketmaster's dominance despite upcoming resale price caps.
Viagogo Expands in UK Amid Ticket Resale Crackdown
Viagogo is expanding its 'open distribution' ticketing model in the UK, aiming to disrupt the market dominated by Ticketmaster, despite upcoming laws banning ticket resale for profit.
Asia Shares Lower, Oil Near $100 on Iran War Worries
Asian stock markets fell broadly on Friday, mirroring Wall Street's decline, while oil prices remained elevated around $100 a barrel due to persistent supply concerns stemming from the Iran conflict.
Johnnie Walker Red Soul Targets Non-Whisky Drinkers
Johnnie Walker introduces Red Soul, a sweeter, smoother Scotch designed to appeal to those who typically avoid whisky. Priced at £25, it aims to attract younger audiences and women with its accessible flavour profile.
Chippies at Risk: Cheaper Fish Needed to Survive Price Hikes
Award-winning owner warns cod price surge of 200% could force closures, urging customers to try pollock and other affordable species to keep the industry afloat.
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Fuel Stations Ordered to Fast-Track Data Amid Price Hike 'Profiteering'
Watchdogs demand rapid pricing data from petrol stations as fuel costs surge, with Labour's cost of living tsar calling for emergency meetings to prevent rip-off tactics during the Middle East conflict.
Mystery French Onion Dip Shipments Confuse Philadelphia Eateries
Philadelphia restaurants have been receiving unsolicited pallets of Heluva Good! French onion dip, sparking confusion and a nationwide investigation into the bizarre deliveries.
FTSE 100 Falls on Middle East War Fears, Oil Climbs
London stocks declined as Iran's new leader ordered the Strait of Hormuz closed, sparking fears of a prolonged war. The FTSE 100 fell 0.5%, with oil prices rising and global markets under pressure.
Smaller Portions Become Major Restaurant Trend
Restaurants nationwide are introducing petite menus to cater to budget-conscious diners, health-focused consumers, and users of GLP-1 drugs, marking a significant shift in dining culture.
Why Patience is Key for Investors in Volatile Markets
Amidst market swings driven by geopolitical tensions, experts advise long-term investors to stay calm. Historical data shows recoveries follow downturns, but timing exits risks missing gains.
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One Third of Britons Invest in Stocks Amid ISA Competition
New data reveals 18.4 million Britons now invest in the stock market, up from one in four in 2020. Competition among ISA providers heats up with cashback offers and fee cuts ahead of the tax year deadline.
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