The prime minister’s reshuffle, which sees Darren Jones, chief secretary to the Treasury, moved to No 10 to oversee day-to-day delivery of the PM’s priorities, and Minouche Shafik, former deputy governor of the Bank of England, become economic adviser to the prime minister, has not gone down well with the market. Bond yield spreads between…
A US hillside destination that honours the relationship between humans and their best four-legged friends is marking its 25th anniversary in 2025 and calling for support, after a quarter of a century offering “a pilgrimage place and a sanctuary” where people can “celebrate their beloved pets.” Dog Mountain is set in rolling countryside above St….
The days of high US stock valuations are over, says Bank of America’s Chief Investment Strategist Michael Hartnett. Since 2020, investors have been willing to pay a premium relative to S&P 500 company earnings. So-called price-to-earnings ratios have been elevated thanks to mammoth stimulus efforts amid the pandemic and excitement around artificial intelligence developments. The…
It was shortly after 2 a.m. on March 2, the police said, when two members of the British Royal Air Force approached a statue of Paddington Bear, sitting placidly on a park bench in Newbury, England, and holding his favorite snack: a sandwich dripping with marmalade. The men then kicked, broke apart and stole Paddington,…
Amazon founder Jeff Bezos is bent on acquiring full control of the James Bond franchise and wants to buy out producer Barbara Broccoli’s stake, according to reports. This comes after Ms Broccoli allegedly called the Amazon executives “f**king idiots,” according to a Wall Street Journal report. Upon learning about her comment, Mr Bezos reportedly instructed executives…
Jeff Bezos wasted no time in buying out longtime James Bond producer Barbara Broccoli after an alleged slight. In a new report from The Hollywood Reporter, Amazon CEO Bezos was determined to take all creative control for the IP through Amazon MGM Studios — which was announced in February 2025 for a reported cost of $1 billion….
Amazon has gained creative control of the James Bond film franchise after the long-standing producers of the 007 films stepped away as part of a new deal. Eon Productions, run by Michael G. Wilson and Barbara Broccoli – who have produced the franchise since the death of Albert “Cubby” Broccoli – announced it will be…
Traders sees the 10-year Treasury rate hitting 5% within five weeks, Bloomberg reported. Yields this high have historically triggered a stock sell-off. The rate has reached higher amid US debt fears and growing inflation concern under Trump. An options bet that puts the 10-year Treasury yield at 5% in the coming weeks is getting attention,…
Bond yields spiked after the January jobs report. While hiring in January was weaker than expected, other data indicates a strong labor market. Markets increased bets that the Fed will keep rates steady Bond yields shot up on Friday as markets took in the January jobs report. While the nonfarm payroll report showed employers added…
In This Story The Dow closed 1,500 points higher on Wednesday, boosted by Donald Trump’s decisive election win and a possible Republican-controlled Congress, signaling strong market optimism. Sales of Novo Nordisk’s blockbuster weight loss drug Wegovy continue to soar Alongside the stock rally, U.S. Treasury yields also increased, raising concerns among some analysts about market…