Author: Press Room

The UK economy expanded in the first quarter as activity showed greater resilience than forecast earlier in the year, even as output contracted more than expected in March.Gross domestic output, or GDP, rose by 0.1 per cent between the last quarter of 2022 and the first three months of this year, unchanged from the previous quarter, according to data published by the Office for National Statistics on Friday.On Thursday, the Bank of England said it expected the economy to stagnate in both the first and second quarters with growth accelerating in the rest of the year. ONS data showed that…

Regulators have suspended the registration of a Canadian fund manager that failed to file audited accounts on time and ordered it to wind up its exchange traded funds or transfer them to a different manager. The move to suspend Toronto-based Emerge Canada, which billed itself as “Canada’s first and only woman-owned investment fund firm”, comes after the discovery of a highly unusual financial arrangement whereby Emerge Canada owes the ETFs approximately C$5.5mn ($4.1mn), according to the Ontario Securities Commission.The regulator on Thursday suspended Emerge Canada for its failure to meet minimum working capital requirements of C$100,000, a failure it said…

Ayla Wing’s middle school students don’t always know what to make of their 26-year-old teacher’s hearing aids. The most common response she hears: “Oh, my grandma has them, too.”But grandma’s hearing aids were never like this: Bluetooth-enabled and connected to her phone, they allow Ms. Wing to toggle with one touch between custom settings. She can shut out the world during a screeching subway ride, hear her friends in noisy bars during a night out and even understand her students better by switching to “mumbly kids.”A raft of new hearing aids have hit the market in recent years, offering greater…

Connie Black makes adjustments to the manufacturing line for the series 6 solar panels seen during a tour of a First Solar plant in Walbridge, Ohio, October 6, 2021.Dane Rhys | ReutersCheck out the companies making the biggest moves midday:First Solar — Shares soared 22% after the solar company announced it is acquiring Evolar AB for up to $80 million. First Solar said the acquisition of the European company, which develops thin film used in solar panels, should accelerate its development of next-generation photovoltaic technology.News Corp — The media company’s stock popped 6% after News Corp reported an earnings and…

Mother’s Day 2023 is just about here — and families across the country are planning to celebrate the special occasion. The annual day is rich in history — and it’s a time when many people will shower their moms, stepmoms, grandmothers and other special family members with love, time, gifts and much more. See how well you know some facts about the special day — and about some famous moms, too — in this fun lifestyle quiz!  Mother’s Day quiz! How well do you know this special occasion — plus some famous moms? Try your hand at this fun lifestyle quiz! Try…

Keith Urban reveals the secret to his strong marriage with Nicole Kidman, Robert De Niro welcomes 7th child at 79 (Getty Images)Welcome to the Fox News Entertainment Newsletter. To receive this newsletter in your email, subscribe here.FAMILY FIRST – ACM performer Keith Urban shares the rule that keeps his marriage to Nicole Kidman strong. Continue reading here.MEET THE PARENT – Robert De Niro, 79, welcomes his 7th child. Continue reading here. Dolly Parton and Garth Brooks hosted the Academy Of Country Music Awards on Thursday. (Theo Wargo)BLUSHING BROOKS – ACMs host Dolly Parton’s threesome joke makes Garth Brooks blush. Continue…

The Department of Health and Human Services has confirmed the death of a migrant child in U.S. custody.The department released a statement on Friday regarding the death of the child, but did not reveal where the child died.”The US Department of Health and Human Services (HHS) is deeply saddened by this tragic loss and our heart goes out to the family, with whom we are in touch,” the HHS said.The message continued, “As is standard practice for any situation involving the death of an unaccompanied child or a serious health outcome, HHS’ Office of Refugee Resettlement (ORR) Division of Health…

President Biden is seeking to fill vacancies on the U.S. Federal Reserve, hoping to stack the Central Bank with its top governors as it continues working to stem inflation.Mr. Biden is nominating Philip Jefferson, currently a member of the Board of Governors, to also serve as vice chair for the remaining four years of his term. The 61-year-old was first nominated to the Board last year. If confirmed, he’d succeed Lael Brainard, who stepped down earlier this year as vice chair and a member of the Board to serve as head of the president’s National Economic Council.The president is also…

When the Phoenix Suns acquired 13-time All-Star Kevin Durant at the NBA’s trade deadline, the thought of being blown out in an elimination game for the second consecutive year was not on anyone’s mind. In the 2022 NBA Playoffs, the Dallas Mavericks smoked the Suns in Game 7 of the Western Conference Semifinals, losing by 33 points to end their season.  Kevin Durant, #35 of the Phoenix Suns, moves the ball during the game against the Denver Nuggets on April 6, 2023 at the Ball Arena in Denver. (Garrett Ellwood/NBAE via Getty Images)On Thursday, Phoenix lost by 25 points to the…

BANGKOK: Thailand incumbent Prime Minister and former army chief Prayut Chan-o-cha has emphasised the importance of the military and its contribution to national security in his electoral campaigns ahead of a general election on Sunday (May 14). The 69-year-old retired general is running for the premiership under the banner of the United Thai Nation Party, hoping to stay on in power after more than eight years in the job. Speaking at a rally in southern Thailand on Thursday, Gen Prayut showed his support for military conscription, as opposed to his rivals’ position to replace the compulsory enlistment with voluntary recruitment.…