Author: Press Room

Wall Street stocks fell on Friday as fresh data revealed US consumer sentiment falling to its lowest level this year, raising fears the domestic economy was rapidly slowing down.Wall Street’s benchmark S&P 500 reversed earlier gains to trade 0.7 per cent lower while the Nasdaq Composite was down 0.9 per cent.The moves follow the preliminary reading of the University of Michigan’s consumer sentiment index, which fell to 57.7, missing economists’ expectations for it to stay close to April’s reading of 63.5. Participants’ worries escalated alongside negative news about the economy, including the debt-ceiling crisis.Moreover, the US regional banking sector spooked…

This article is the latest part of the FT’s Financial Literacy and Inclusion CampaignYoung people require a working week of tuition each year to be financially literate by the time they leave school, according to a new report. MyBnk, the education charity which led the Money & Pensions Service’s financial workshops for 16 and 17-year-olds, said that 30 hours of financial education each year for 11 to 18-year-olds would significantly boost money management and practical maths skills. These recommendations will be published in a report on Monday, alongside a financial education measure developed by the consultancy Centre for Economics and…

Image Source: PixabayCrypto-focused investment firm 10T Holdings is launching a new digital-asset startup investment fund seeking to raise $200 million from investors.The new venture, dubbed TenSquared Capital, or 10SQ, aims to back digital asset startups at various stages of growth, Bloomberg reported, citing people familiar with the matter. The firm already has two investments planned, including one in a crypto wallet infrastructure startup expected to close in the coming months.The 10SQ fund will be led by Stan Miroshnik, a co-founder and partner at 10T, who will join the company as CEO and managing partner. Elaine Co, a founding strategic advisor at StillBrook…

When Afrika Gupton-Jones was on bed rest in the hospital, after developing high blood pressure at 28 weeks of pregnancy, her husband was with her day and night. Yet the nurses often assumed that he was her brother, and that she was a single mother. When the doctors and nurses gave her medications or took her blood, she said, they gave her minimal explanation.“It’s like they didn’t trust me with my own bodily decisions,” she said.In the United States, people who have more money generally receive better health care: More expensive insurance plans usually cover more doctors, and well-off patients…

Republican presidential candidate businessman Vivek Ramaswamy speaks to guests at the Iowa Faith & Freedom Coalition Spring Kick-Off on April 22, 2023 in Clive, Iowa.Scott Olson | Getty ImagesRepublican presidential hopeful Vivek Ramaswamy built his White House bid around urging companies to stay out of politics.What he doesn’t tell voters is the asset management firm he co-founded has engaged more with Republican Party officials behind the scenes than was previously known, according to private email correspondence reviewed by CNBC.The emails show how the firm, Strive Asset Management, became a lead organizer and voice against environmental, social and governance, or ESG,…

The aforementioned Anaïs Mitchell, however, did make the cut, along with an eclectic group of artists including 2Pac, Brandi Carlile and Beyoncé. Mamma mia, here we go.Listen along on Spotify as you read.1. Kacey Musgraves: “Mother”The shortest, sparsest song on Kacey Musgraves’s 2018 album, “Golden Hour,” is also the most emotionally piercing. “I’m just sitting here, thinking ’bout the time that’s slipping and missing my mother,” the country renegade sings with heartbreaking plaintiveness, before zooming out a generation and imagining that her own mother is probably doing the same. Musgraves has said that “Mother” is one of the “Golden Hour”…

Footage of a plump snapping turtle relaxing along a Chicago waterway has gone viral after the man who filmed the well-fed reptile marveled at its size and nicknamed it “Chonkosaurus.”Joey Santore was kayaking with a friend along the Chicago River last weekend when they spotted the large snapping turtle sitting atop a large chain draped over what appear to be rotting logs.He posted a jumpy video of the turtle on Twitter, labeling it the “Chicago River Snapper aka Chonkosaurus.”In the video, Santore can be heard sounding stunned by the size of the turtle, which was displaying folds of flesh extending…

Last year, Luis Arraez spoiled Aaron Judge’s shot at a triple crown by beating him out for the American League’s batting title. This year, after being traded from the Minnesota Twins to the Miami Marlins, Arraez could join another Yankee, DJ LeMahieu, in one of the rarest distinctions in baseball: winning a batting crown in both leagues.Arraez, a throwback hitter who emphasizes contact over power, has thus far widened the gap considerably between himself and the rest of the hitters in Major League Baseball. Arraez, who hit .316 in 2022, is hitting .398, an incredible 51 points ahead of Ronald…

Linda Yaccarino, NBCUniversal’s advertising chief, was preparing to interview Elon Musk, Twitter’s owner, onstage at a conference last month when she received an email from a peer in the advertising industry.Rob Norman, a former executive at the ad giant WPP, wanted to know if Ms. Yaccarino had seen the op-ed he wrote after Mr. Musk bought Twitter last year. Mr. Norman’s column discussed the tech billionaire’s amplification of misinformation on Twitter and its chilling effect on advertisers.Ms. Yaccarino said that she had and that she planned to raise such concerns, Mr. Norman said. But the main focus of her talk…

I don’t want to think too hard about getting ready in the morning so I end up sticking to the things that I know. I’ve been using Youth to the People Superfood Cleanser for years. Same with Epicuren body wash and body lotion and Shu Uemura Silk Bloom shampoo and conditioner. Once a week, I’ll rub Christophe Robin Purifying Scrub With Sea Salt on my scalp — it feels like a science experiment. My dermatologist, Jessica Weiser, turned me on to Biossance Squalane + Vitamin C Rose Oil. It leaves my skin glowy and hydrated and has this gentle rose…