Real

US transportation secretary announces The Great American Road Trip amid transportation crises and rising fuel pricesSean Duffy, the US transportation secretary, hauled his family into a van for a wholesome, seven-month trek across the nation, which was filmed for an upcoming reality TV program, he told Fox News on Friday.The revelation drew immediate blowback as “tone-deaf”, from critics who pointed toward various crises that have recently hammered the country’s transportation sector. Continue reading...

• Manchester City are eyeing Real Madrid winger Vinícius Júnior for a potential summer transfer, according to TEAMtalk reports. • Madrid has informed the 25-year-old Brazilian that he could be available, with City waiting to capitalize. • This move reflects City's ambition to bolster their attack amid ongoing Premier League and Champions League pursuits.

Steve Roth was responding to the announcement by New York’s mayor of tax on second homes worth more than $5mSign up for the Breaking News US newsletter email The phrase “tax the rich” can be “just as hateful as some disgusting racial slurs”, according to New York City billionaire Steve Roth, who said that the top 1% should be “praised and thanked”.Speaking on his company’s quarterly earnings call on Tuesday, Roth, the CEO of Vornado Realty Trust, expressed his support for fellow billionaire and the CEO of Citadel, Ken Griffin, who was singled out in New York mayor Zohran Mamdani’s 15 April announcement of the state’s first “pied-à-terre” tax on second homes valued at more than $5m. In a video, Mamdani announced the policy in front of Griffin’s penthouse, which he said was purchased for $238m. Continue reading...

• Singapore retailers are shifting away from traditional points-based loyalty systems toward real-time loyalty models that offer immediate rewards and personalized customer engagement. • The transition reflects changing consumer preferences for instant gratification and data-driven personalization, with retailers leveraging AI and mobile technology to enhance real-time interactions. • Industry analysts view this shift as critical for retail competitiveness in Southeast Asia, where digital adoption rates among consumers continue to accelerate.

Parties accused of ‘fiscal denial’ and failing to tell voters the scale of the challengeThe next Scottish government will need to make “really difficult” spending decisions soon after taking power, including tackling its large public sector pay bill, senior economists have said.Economists with the Fraser of Allander Institute, at the University of Strathclyde, believe the manifestos published by Scotland’s political parties during the campaign failed to tell voters about the true scale of the challenge. Continue reading...

• Indian benchmark indices ended positively on May 4, 2026, with Nifty 50 closing at 24,100 after gaining 122 points and Sensex up 356 points at 77,488 amid volatile trading. • Realty, metal, and healthcare sectors led broad-based gains, driven by falling crude oil prices and improved investor sentiment following state election results, while IT stocks lagged. • Top Nifty gainers included Adani Ports (up 5%), Adani Enterprises, Eicher Motors (up 3%), Hindustan Unilever, and Shriram Finance; laggards were Bharti Airtel, Kotak Mahindra Bank, Dr. Reddy's, ONGC, and TCS.

• Singapore's real estate investment volume jumped 364% in the first quarter of 2026 compared to the same period last year, according to CBRE data released today. • The surge reflects strong investor confidence amid regional economic recovery, with total transactions reaching S$4.2 billion across office, retail, and industrial sectors. • This growth underscores Singapore's role as a safe-haven market in Southeast Asia, potentially attracting more foreign capital amid global uncertainties.