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Miles Lewis, manager of the Royce Small Cap Total Return Fund, makes the case that at a time of turbulence in the economy, his quirky collection of small companies is equipped to beat the big names.Miles Lewis by Alexander Karnyukhin for Forbes Tariffs. Inflation. Economic chaos. Bring it on, says Miles Lewis, manager of a portfolio of quirky stocks that, he says, are better equipped than the average stock to weather a tumultuous time in the U.S. economy. Recession? That should send shoppers for sporting goods out of high-class vendors to the down-market chain he favors. Rising interest rates? A…

KARACHI: Brilliant performances by Sadaf Shamas and Eyman Fatima powered Challe­ngers and Strikers to victories over Stars and Invincibles respectively in the National Women’s T20 Tournament here on Friday. At the National Bank Sta­dium, Challengers edged past Stars by five wickets in a last-over thriller. Chasing 109, the side recovered from 47-5 to reach the target with one ball remaining, thanks to an unbroken 65-run stand betw­een Aliya Riaz (48 not out off 34 balls, seven fours) and skipper Rameen Shamim (28 not out off 19, one six and two fours). Earlier, after opting to bat first, Stars were rattled…

ISLAMABAD: The HBL Pakistan Super League (PSL) is set to resume on Saturday after a nine-day hiatus with the league entering a decisive phase as five teams remain in the hunt for the four playoff spots. The league was postponed due to cross-border tensions taking place between Pakistan and India between the early hours of May 7 and May 10, when the escalation seized after a ceasefire agreement. The disruption had seen overseas players fly out of the country before the Pakistan Cricket Board’s decision to resume the tournament got the six franchises scrambling to get their squads back together.…

AAron Ontiveroz/The Denver Post via Getty ImagesCollege commencement is a time of optimism for newly minted graduates. But this year, there’s also more uncertainty about the economy and employment — and grads in some unexpected majors may find they have a leg up.Majors in nutrition, art history and philosophy all outperformed STEM fields when it comes to employment prospects, according to a recent analysis of labor market outcomes of college graduates by major by the Federal Reserve Bank of New York.For computer science and computer engineering, the unemployment rate in those fields was 6.1% and 7.5%, respectively — notably higher…

CNN  —  Americans’ feelings about the US economy remain in the doldrums: Consumer sentiment continued its freefall this month, settling in at a near-record low. The University of Michigan’s closely watched consumer sentiment index fell 2.7% to a preliminary reading of 50.8 for May, dropping further from April’s reading of 52.2. May’s preliminary reading, the second-lowest on record, landed a touch above the all-time low of 50 notched in June 2022, when inflation was at a 41-year high. Since 1952, when the university started tracking how Americans felt about the economy, there have been nearly a dozen recessions, several oil…

New college graduates looking for work now are finding a tighter labor market than they expected even a few months ago.The unemployment rate for recent college grads reached 5.8% in March, up from 4.6% the same time a year ago, according to an April report from the Federal Reserve Bank of New York. Job postings at Handshake, a campus recruiting platform, are down 15% over the past year, while the number of applications has risen by 30%. Christine Cruzvergara, chief education strategy officer at Handshake, says new grads are finding a “tough and competitive” market.”There’s a lot of uncertainty and certainly a…

CNN  —  Keeping cool could cost a lot more this summer — yet another financial squeeze for many inflation-weary consumers. Americans can expect to shell out a record $784, on average, to cool their homes from June through September, according to a new analysis by the National Energy Assistance Directors Association and the Center for Energy Poverty and Climate. That’s up 4.2% from the same period last year and 14% higher than 2020, when folks only paid an estimated $688, after accounting for inflation. The tab is projected to rise both because electricity prices are increasing faster than inflation and…

Milan2099 | E+ | Getty ImagesMany homeowners have seen their property taxes increase in recent years because of rising housing prices and local tax rates. But the property tax assessment isn’t always set in stone: filing an appeal may lower the cost for years.The median property tax bill in the U.S. in 2024 was $3,500, up 2.8% from $3,349 in 2023, according to an April report by Realtor.com. How much you pay varies widely depending on where you live, and some places have seen higher bills and bigger increases.As of 2023, the median property tax for homeowners in New York City…

The U.S. Capitol is seen on Capitol Hill in Washington, D.C., U.S., May 7, 2025. Nathan Howard | ReutersHouse Republicans’ “one, big, beautiful” tax bill includes a new temporary $4,000 deduction for older adults.The change, called a “bonus” in the legislation, is aimed at helping retirees keep more money in their pockets and provides an alternative to the idea of eliminating taxes on Social Security benefits, which President Donald Trump and other lawmakers have touted.The bill provides a “historic tax break” to seniors receiving Social Security, “fulfilling President Trump’s campaign promise to deliver much-needed tax relief to our seniors,” White…

LAHORE: The long-aw­a­ited elections of the Pak­istan Football Feder­ation have been delayed by a week and will now be held on May 27, the PFF Nor­malisation Committee ann­ounced in the early hours of Thursday morning. Initially scheduled to be held on May 20 in Lahore, the NC said the elections were delayed due to the recent cross-border skirmishes between Pakistan and India. “We wish to inform you that due to ongoing tensions between Pakistan and India the scheduling of the FIFA and Asian Foo­tball Confederation dele­g­ations have been impac­ted,” it said in a statement. “These unforeseen and unfortunate circumstan­ces have…