Author: Press Room

Stay informed with free updatesSimply sign up to the Equities myFT Digest — delivered directly to your inbox.Global stocks rallied on Wednesday after Donald Trump said he had no plans to fire Federal Reserve chair Jay Powell, easing worries about the independence of the US central bank that had rocked markets this week.S&P 500 futures were up 2.3 per cent ahead of the New York open, while US Treasuries and European equities also gained.The moves built on Tuesday’s rebound for the Wall Street benchmark, which rose 2.5 per cent as Trump indicated a potential easing of trade tensions with Beijing,…

This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters.Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the FT Welcome back. Yesterday’s Earth Day was an anxious one for many at US green non-profits, amid rumours that Donald Trump planned to celebrate with an executive order demolishing their tax-exempt status. The day came and went without that hammer blow. Perhaps Trump thought better of…

Note: Map shows the area with a shake intensity of 4 or greater, which U.S.G.S. defines as “light,” though the earthquake may be felt outside the areas shown. The New York Times A strong, 6.2-magnitude earthquake struck in the Sea of Marmara on Wednesday, according to the United States Geological Survey.The temblor happened at 12:49 p.m. Eastern European time about 13 miles southeast of Marmara Ereğlisi, Turkey, data from the agency shows.As seismologists review available data, they may revise the earthquake’s reported magnitude. Additional information collected about the earthquake may also prompt U.S.G.S. scientists to update the shake-severity map. Aftershocks…

The federally indicted mayor of Jackson, Mississippi, is trailing his opponent in the city’s Democratic primary runoff. Unofficial vote totals show state Sen. John Horhn leading two-term Mayor Chokwe Antar Lumumba 18,493 to 6,246, according to the city clerk’s office. Although absentee votes have not yet been counted, Horhn declared victory in the race. Lumumba, Hinds County District Attorney Jody Owens II and Jackson City Councilman Aaron Banks are facing charges of conspiracy to commit federal program bribery, honest services wire fraud and money laundering, the Justice Department announced last November. All three have pleaded not guilty. An indictment alleged the three Democrats accepted…

The former New Mexico judge who resigned last month after an alleged Tren de Aragua member was arrested at his home can never serve on a bench in the state again. On Tuesday, the Supreme Court of New Mexico ordered that Joel Cano “can never hold a judicial office again, be a candidate for a judicial office, and cannot exercise any judicial authority in the state, including officiating at weddings,” according to a spokesman for the Administrative Office of the Courts (AOC) told Fox News Digital. The court was scheduled to hear oral arguments on disciplinary cases this Thursday, but the argument…

Having worked in restaurants before opening their own, Vincent Morley and Kristyn Green always hated losing tips while not getting paid consistently. So, they came up with a new idea: to pay their staff more and get rid of tips entirely.“We have done away with tips because we don’t believe that our customers should have to subsidize the wages of our employees. That’s kind of the base level of what we’re doing,” says Vincent Morley, one of the co-owners of The Bonfire restaurant in Halifax.Currently, The Bonfire employs five staff members who receive $20 an hour in pay and 50…

Peter Dutton has pledged to lift defence spending by $21 billion within five years, but would dump Labor’s tax cuts to pay for the plan aiming to preserve peace and stability in the region.

BANGKOK: Thailand will conduct tests of a cellphone disaster alert system, senior officials said on Wednesday (Apr 23), after criticism that no alarm was sent after last month’s deadly Myanmar earthquake caused damage in Bangkok. Director General of the Department of Disaster Prevention and Mitigation (DDPM) Phasakorn Boonyalak said the Cell Broadcast System (CBS) will undergo a test run next month in localised areas including the sprawling capital, which was badly shaken by the 7.7-magnitude quake in neighbouring Myanmar. The system will use three mobile networks to send warning messages “quickly and with wide coverage, both on natural disaster and…

Climate activists hold a protest at the Charging Bull statue in Bowling Green near the New York Stock Exchange on April 22, 2025.Michael M. Santiago | Getty ImagesWall Street’s iconic Charging Bull statue on Tuesday was vandalized by a group of environmental activists who sprayed the bronze sculpture with neon green paint.The group, called Extinction Rebellion, painted the words “Greed=Death” on the body of the bull, the symbol of a surging stock market that is located in Bowling Green park near the New York Stock Exchange. Tuesday marks the 56th annual “Earth Day,” first observed in 1970.”Good morning from the…

NEWYou can now listen to Fox News articles! Jordon Hudson joined Bill Belichick on Tuesday night as the couple took in a Stanley Cup playoff game between the Carolina Hurricanes and the New Jersey Devils.Hudson lauded the hospitality the two received from the Raleigh-based organization as Belichick has taken over the North Carolina Tar Heels football program just a few miles down the road in Chapel Bill. Hudson had a little fun at Belichick’s expense over his attire. Bill Belichick and Jordon Hudson on the red carpet before Super Bowl LIX NFL Honors at Saenger Theatre. (Kirby Lee-Imagn Images)Belichick apparently…