Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Barclays has become the first major UK lender to cut its mortgage rates in response to changing interest rate expectations as markets price in US President Donald Trump’s volatile tariffs policy. Barclays cut its mortgage rates below the symbolic 4 per cent threshold to 3.99 per cent on two-year fixed, three-year fixed and five-year fixed mortgages with a deposit of at least 40 per cent.The cut follows several smaller lenders lowering rates since last week when Trump imposed tariffs from 10 to…

President Trump’s first-term efforts to spur law enforcement officials to pursue his political enemies were haphazard, informal and often hashed out in private.Now, his demands for investigations are starting to become more formalized through written presidential decrees as he seeks to use the power of public office to punish people and companies he has cast as enemies and silence potential critics.On Wednesday, Mr. Trump crossed a new line. Flanked by senior aides and cabinet secretaries, the president signed presidential memos that singled out two officials from his first term who had either defied or simply contradicted him. In a clear…

For voters in Elmwood-Transcona, it’s going to be a familiar ballot on Election Day. All three candidates for the major parties — the NDP’s Leila Dance, Conservative Colin Reynolds, and Liberal Ian MacIntyre — are the same ones that ran in the September byelection. The NDP managed to hold onto the seat then, but by a narrow margin over the Tories.Malcolm Bird, associate professor of political science at the University of Winnipeg, predicts it will be a tight race once again.“A very important race for both parties — particularly the NDP, they really need to pick up this seat,” says…

The Academy Awards will give out an Oscar for stunt design beginning in 2027, although it’s unclear whether it will be included in the live broadcast.

PRAGMATISM TAKES PRECEDENCE Tellingly, many worry that ASEAN risks becoming an “arena of major power competition” and its members may become “major power proxies”. The reciprocal tariffs started as a trade war between the US and China, but then quickly affected others that simply met the “trade deficit” narrative, especially emerging economies like ASEAN. As a result of the highly aggressive tariffs – a universal baseline of 10 per cent for all including trade surplus countries like Singapore, and additional rates somewhat-proportional to the trade imbalances – analysts have put recession risks above 60 per cent. Many economists are anticipating…

The U.S. ambassador to Ukraine is leaving her post, the State Department announced Thursday, a move that may complicate the already delicate relationship between Washington and Kyiv, which has been strained by President Trump’s efforts to end the war.“Ambassador Brink is stepping down,” a State Department spokesperson said in an email, referring to the U.S. envoy to Ukraine, Bridget A. Brink. “She’s been the ambassador there for three years — that’s a long time in a war zone.”The State Department’s chief spokeswoman, Tammy Bruce, later confirmed Ms. Brink’s departure at a daily press briefing, saying, “We wish her well.” She…

These are the stocks posting the largest moves in midday trading.

A former Marine Corps officer who deployed in the Iraq War and later served at the Pentagon and the Veterans Administration under former President Barack Obama is the first major candidate to jump into the high-profile campaign for an open congressional seat in swing state New Hampshire.Democrat Maura Sullivan, in an interview with Fox News, said “our country clearly needs a new generation of leadership, period. And the Democratic Party needs new leadership, and I’m running to be one of those leaders.”Sullivan said in a statement announcing her candidacy in the race to succeed four-term Democrat Rep. Chris Pappas, “I…

International authorities have located and arrested a South Carolina woman, who is wanted in a murder investigation, in the Netherlands.Carlos Flores with the U.S. Marshals Fugitive Task Force told Fox News Digital that Kendal Wilson, 33, of Seneca, South Carolina, was arrested by Dutch National Police at the request of the USMS on April 4.Kendra Wilson and her mother, Cynthia Wilson, were wanted in connection with the 2021 murder of Kendra’s ex-boyfriend and the father of her child, 21-year-old Connor Ethan Floyd, of Lyman, in the northwest corner of South Carolina.Authorities issued warrants on both women for being an accessory…

By Staff The Canadian Press Posted April 10, 2025 5:47 pm 1 min read Descrease article font size Increase article font size Ontario Premier Doug Ford met in his office today with the Republican governor of Utah, who says he will be telling all of his fellow governors to visit Canada on similar trade missions. Gov. Spencer Cox says during this time of trade-driven conflict, subnational relationships are more important than ever. Get daily National news Get the day’s top news, political, economic, and current affairs headlines, delivered to your inbox once a day. He says his trade mission to Quebec…