Author: Press Room

This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. US stocks got taken out to the woodshed yesterday. The S&P 500 fell 2.7 per cent and the Nasdaq fell 4 per cent, its biggest one-day fall since 2022. A few things are clear. US growth and tariff policy are major concerns for investors at a moment when the country’s risk assets are very expensive. Inflation risks remain on the table. And the Trump…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and GramercyFinancial markets have witnessed a dramatic change that is overturning the consensus trades that dominated until early February of this year. Falls in US stocks and their under-performance relative to other countries reflect a remarkable turnaround in investors’ views about the economic outlook for America and Europe — and to a lesser extent China. What is less clear is whether the resulting mix of all this is favourable…

Maybe that was a true reflection of reality. Our dogs regularly romped through Prospect Park in Brooklyn, swapped germs with playmates and scarfed down rogue chicken bones, while our cats lived cosseted, indoor lives.Now I suspect that we may have missed signs of illness in our cats. I had worried that we were overreacting when we took Olive to the vet for seeming maybe, slightly, sort of not herself. In fact, she was critically ill.Indeed, cats are talented at masking their symptoms, which may also present differently from those in dogs, experts told me. Arthritic dogs often develop noticeable limps,…

Times Insider explains who we are and what we do and delivers behind-the-scenes insights into how our journalism comes together.Jason Zinoman, who has been the comedy columnist for The New York Times since 2011, stumbled into his role by accident.“It was just dumb luck,” said Zinoman, then a freelance theater critic for The Times who had just published a book on his longtime passion, the modern horror film. “But in retrospect, it makes sense to me: There are a lot of theatrical elements to comedy. And there’s a really fine line between horror and comedy.”Now, nearly 15 years after being…

“The Bachelorette” alum DeAnna Pappas was arrested in February on battery charges against her ex-husband, Stephen Stagliano. Pappas was arrested on a misdemeanor charge on Feb. 27 in Santa Clarita, California and was released on $20,000 bond the same day. The arrest also stemmed from alleged alcohol consumption.Her court hearing is set for March 20. NEW YORK – AUGUST 29:  Former “The Bachelor” and “The Bachelorette” contestant DeAnna Pappas and fiance Stephen Stagliano attend 46NYC’s Alex’s Lemonade Stand to raise funds and awareness for childhood cancer, at Merchants’ Gate, Central Park on August 29, 2010, in New York City.  (Photo by…

We’re only now heading into NFL free agency, but it’s already been a wild offseason — trades, coaching changes and big-money contract extensions have been happening at every turn.How will all of the movement affect the 2025 NFL Draft? As the legal tampering window opens, here’s a look at how the first three rounds could unfold:1. Tennessee Titans: Abdul Carter, Edge, Penn StateCam Ward is the best QB prospect in this draft. That doesn’t mean he’s a no-doubter, though, and if you’re going to make this pick — when you’re as bad as the Titans were last season — you…

For a decade, Eric Schmidt ran Google as chief executive and as the “adult” in the room, mentoring the internet company’s young founders, Larry Page and Sergey Brin. In 2011, Mr. Schmidt handed control of Google back to Mr. Page. He has not taken another C.E.O. job since.But on Monday, Mr. Schmidt told employees of Relativity Space, a rocket start-up in Long Beach, Calif., that he had made a significant investment and taken a controlling stake in the company, and would take over as chief executive, two people with knowledge of the meeting said.Mr. Schmidt, 69, succeeds Relativity Space’s current…

Sorrento FC have made a statement of intent in their return to the top flight after they downed Stirling Macedonia 1-0 to take out the pre-season NPL WA men’s Night Series final.Andrew Maranta’s second-half strike was enough to prove the difference between the two sides as the Gulls prevailed at the Sam Kerr Football Centre.A season after they prevailed in the State League Night Series final before going on to emphatically earn promotion back into the NPL, Sorrento claimed the chocolates when Keegan Chambers’ shot was saved by Stirling keeper James Bosdet, only for Maranta to fire home the rebound…

At least one person has been killed and three injured as more than 90 Ukrainian drones targeted Russia’s capital city.Ukraine has launched a “massive” early morning drone attack against the Russian capital that killed at least one person, injured several others and saw the shutdown of airports and damaged residential buildings, Moscow officials and aviation authorities said. The drone raid, the largest against Moscow in months, comes as Ukraine is poised to present the United States with a plan for a partial ceasefire with Russia during talks on Tuesday in Saudi Arabia. Andrei Vorobyov, governor of the Moscow region, said…

Department of Homeland Security Secretary Kristi Noem swore in Sean Curran on Monday to serve as the director of the U.S. Secret Service.The swearing-in ceremony took place in the Oval Office, where President Donald Trump and Noem joined Curran.”Sean’s brave actions when he risked his life to help save President Trump’s life in Butler, Pennsylvania is a testament to his dedication to the mission of the US Secret Service,” Noem said in a statement. “With his decades of experience, he will return the Secret Service to focusing on its core mission: protecting American leaders and the U.S. financial system.””I look…