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American Airlines CEO says domestic travel ‘fell off considerably’ just a month after Trump took office

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Major U.S. airlines are reducing their flight schedules and revising or withdrawing their profit outlooks for the year due to less domestic travel demand as sentiment about the national and global economies sours. American Airlines pulled its financial guidance for 2025 on Thursday, joining rivals Southwest and Delta in declaring the economic outlook too uncertain to provide … Read more

Damon Wayans Sr. ‘Fell in Love’ With His Nephew’s Ex-Girlfriend

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Damon Wayans Sr. revealed he once dated his nephew’s ex-girlfriend. The Major Payne actor, 64, detailed the romance during an appearance on the Wednesday, April 2, episode of the “Club Shay Shay” podcast hosted by former NFL player Shannon Sharpe. Sharpe, 56, began by asking his guest, “This can’t be true… that you dated the … Read more

DeFi TVL fell 27% in Q1 as AI and social dApps drove web3 growth

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The first quarter of 2025 was a turbulent period for web3, with AI and social dApps gaining traction while decentralized finance suffered a sharp decline. The total value locked in DeFi fell 27% to $156 billion, as per DappRadar’s Q1 2025 report. DeFi’s decline was caused by several high-profile security breaches, falling crypto prices, and … Read more

Japan’s currency was one of the first challengers to the U.S. dollar—why 90s predictions of a ‘yen bloc’ fell apart

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Prophecies that the U.S. dollar will lose its status as the world’s dominant currency have echoed for decades—and are increasing in volume. Cryptocurrency enthusiasts claim that Bitcoin or other blockchain-based monetary units will replace the dollar. Foreign policy hawks warn that China’s renminbi poses a lethal threat to the greenback. And sound money zealots predict … Read more

ARK Invest bought Coinbase dip as Bitcoin fell to multi-month lows

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Asset manager ARK Invest has picked up shares of cryptocurrency exchange Coinbase as tech stocks dipped and Bitcoin fell to multi-month lows. According to the company’s latest update, it picked up 41,032 shares of Coinbase Global Inc. (COIN) valued at $9.3 million. The newest purchase comes a little over two months after the Cathie Woods-led … Read more

Billy Crystal describes pain of losing home in Palisades Fire at FireAid benefit concert: ‘Fell to my knees’

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Billy Crystal, who lost his home in the Palisades Fire, shared a moving message at the LA FireAid Benefit Concert on Thursday night at the Kia Forum. Following Green Day’s performance, Crystal took the stage to introduce the show, with proceeds going to a non-profit, supporting displaced families, rebuilding of infrastructure as well as advancing … Read more

Private equity payouts fell 50% short in 2024

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Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. Private equity funds cashed out just half the value of investments they typically sell in 2024, the third consecutive year payouts to investors have fallen short because of a deal drought. Buyout houses typically sell … Read more

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