5 h. ago US government debt sells off as hedge funds cut down on risk

10-year Treasury yields jump most in almost three years

Politics

16 h. ago Donald Trump's 'tariff war' will cause 'economic nuclear winter' claims billionaire supporter

Hedge fund manager Bill Ackman has warned that Trump's tariffs will 'destroy confidence' in the US for trading and investment.

Economics

17 h. ago UK to dilute rules for smaller private equity firms and hedge funds

Government proposes lighter regulatory regime in push to encourage investment

Economics

29 h. ago Britain to dilute rules for smaller private equity firms and hedge funds

UK government proposes lifting regulation threshold from £100mn of funds under management to £5bn

Economics

34 h. ago Pep Guardiola left to rue dropped points as Manchester derby ends in a draw

Blunt and tame, the 196th Manchester derby was a curio that failed to ignite despite the cross-town rivalry, conjuring memories of the last goalless affair of this sort here, in December 2020, before an empty Old Trafford, owing to Covid.This edition can be rated slightly better yet, towards the close of play, when the substitute Joshua Zirkzee swung a boot at Patrick Dorgu’s cross and connected cleanly, the crowd perhaps sensed Ederson would save because a stalemate seemed so inevitable. Continue reading...

Politics

2 d. ago Your Friends & Neighbors: Jon Hamm’s addictive turn as a gentleman thief is his best role since Mad Men

This blackly comic, propulsively fun tale of a disgraced hedge fund manager turned crook is all about the one-time Don Draper. He lifts the whole thingJon Hamm has one of the great TV faces. Square-jawed and ruggedly suave, it’s the face of a matinee idol with a dangerous edge. The quiff is well-coiffed but grey-flecked. That Marlboro Man chin looks unshaven by lunchtime. Those hooded eyes have a weary, lounge lizard quality. One of his first Hollywood parts was a 1997 episode of Ally McBeal, where he played the aptly named “Gorgeous Guy at Bar”. A decade later, Hamm became the alpha face of a certain prestige drama. Ad Men, was it? Mad Dogs? Something like that.Your Friends & Neighbors (Apple TV+, 11 April) is a fitting new vehicle for Hamm’s slippery good looks. The launch episode is bookended by shots of his big, mildly befuddled face in screen-filling closeup. This show knows exactly what’s it’s doing. It is blackly comic, frothily fun and highly moreish. Continue readi...

Politics

3 d. ago Hedge funds hit with steepest margin calls since 2020 Covid crisis

Banks ask clients to stump up additional money as global market sell-off knocks value of holdings

Events

3 d. ago Iconic clothing retailer RETURNS to high street with new store five years after collapsing

The British menswear brand shut all 66 of its stores back in 2020 after collapsing for the first time during the Covid pandemic, when it then become a digital brand before collapsing again in 2022

Politics

3 d. ago Your Friends & Neighbors to Black Mirror: the seven best shows to stream this week

Jon Hamm stars as a gentlemen thief in a very entertaining midlife-crisis satire. Plus: Charlie Brooker’s hit series is back with another sensational castManifesting his signature blend of unshakeable self-confidence and understated self-loathing, Jon Hamm stars in this midlife-crisis satire. Coop (Hamm) is a hedge fund manager who, after years gazing down at the world from an ivory tower, finds his life falling apart. His wife has gone, his kids are expensive, his sister’s mental health problems are getting worse and he’s lost his job. “Your biggest mistake,” his boss tells him, “was thinking any of this was ever yours.” At a barbecue hosted by friends, he has an idea: the people around him are awful and undeservedly rich – so why not rob them? Soon, everything is spiralling out of control in very entertaining fashion. Apple TV+, from Friday 11 April Continue reading...

Culture

3 d. ago The Latest: Trump’s tariffs slam world markets in the biggest blow since the pandemic hit in 2020

Asian shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through Wall Street at a level of shock unseen since the COVID-19 pandemic pummeled world markets in 2020

Events

4 d. ago US stock markets see worst day since Covid pandemic after investors shaken by Trump tariffs

All three major US index funds close down as Apple and Nvidia, two of US’s largest companies, lose combined $470bnUS stock markets tumbled on Thursday as investors parsed the sweeping change in global trading following Donald Trump’s announcement of a barrage of tariffs on the country’s trading partners.All three major US stock markets closed down in their worst day since June 2020, during the Covid pandemic. The tech-heavy Nasdaq fell 6%, while the S&P 500 and the Dow dropped 4.8% and 3.9%, respectively. Apple and Nvidia, two of the US’s largest companies by market value, had lost a combined $470bn in value by midday. Continue reading...

Economics

4 d. ago Famous Scots osprey finally returns to nest after fears over illness

Louis became a hit during the first lockdown of the Covid pandemic in 2020 on a live nest camera.

Politics

1 week ago Pippa Middleton's creche plans slammed by highways bosses who say it will clog roads

Pippa's hedge fund manager husband James Matthews, 49, bought rural Bucklebury Farm with his business partner James Murray for £1.3m in March 2021.

Politics

1 week ago Scottish truck expert shares five reasons to pursue a career as industry risks skills shortage

Despite a mid and post-pandemic recruitment surge in the sector, and hourly median pay for full-time HGV drivers rising by 27% between 2020 and 2023 to combat the shortage during COVID, the transport industry is once again facing a decline in the number of full-time drivers.

Events

2 w. ago Stanley Chow on the strange condition that means he can't recognise faces

Stanley Chow, the famed Mancunian illustrator, caught Covid in October 2020 and since then has struggled with a condition that leaves him worried about going to social events

Politics

2 w. ago Five years on from lockdown, five writers recall their memories of the day we were all instructed to stay at home

On 23 March 2020, as the Covid pandemic took hold, we were all instructed to stay at home. Five writers recall their memories of that day - and of the weeks that followed

Politics

2 w. ago Retail traders take on hedge funds in Europe’s answer to ‘meme stock’ mania

Small investors have piled in to defence companies targeted by short sellers, in an echo of 2021’s GameStop trade

Politics

2 w. ago Covid ‘benevolence bump’ endures as acts of kindness 10% higher than before 2020

World Happiness Report 2024 finds volunteering more frequent in most regions as Finland tops chart again and Costa Rica and Mexico enter top 10The world experienced a “benevolence bump” of kindness during the Covid-19 pandemic that has remained, with generous acts more than 10% above pre-pandemic levels.The annual World Happiness Report found that in 2024, acts such as donating and volunteering were more frequent than in 2017–19 in all generations and almost all global regions, although they had fallen from 2023. Continue reading...

Politics

2 w. ago ‘Ghost kitchens’, fast casual and higher prices: how the pandemic changed the US restaurant industry

Americans eat takeout more. Some drink less. Bar-and-grill chains have shuttered. But the restaurant industry has evolved and reboundedBefore Covid, Li’l Dizzy’s, a Creole buffet run by one of New Orleans’ famous Black restaurant families, was a mainstay of the city’s Treme neighborhood. But when officials issued the first Covid stay-at-home orders in March 2020, Li’l Dizzy’s closed, and it did not reopen: how could a buffet restaurant operate during a pandemic?That fall, the cafe’s 73-year-old owner, Wayne Baquet Sr, announced he was selling the restaurant, citing his age and pandemic health risks. The closure appeared to mark the end of a Baquet culinary family legacy that started in Treme in the 1940s and expanded to other family outposts across the city. Continue reading...

Events

2 w. ago Hedge fund Schonfeld hires FX quant head in London from Millennium

Hedge fund Schonfeld hires FX quant head in London from Millennium  eFinancialCareers

Politics