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Amid the White House’s unrelenting pressure campaign on Federal Reserve Chairman Jerome Powell, President Donald Trump has not only demanded that the central bank to cut rates but to lower them all the way to 1%. The federal funds rate currently sits at 4.25%-4.50%, meaning a reduction of that magnitude would require a drastic move … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Somerset town of Bruton has a number of wealthy homeowners, including the former chancellor George Osborne, who in 2015 took the first steps towards abolishing Britain’s non-domiciled tax regime for foreign residents. Until recently, … Read more
Alexander Spatari | Moment | Getty Images Business leaders are walking back recessionary expectations for the U.S. that initially spiked in the aftermath of President Donald Trump’s tariff announcement, according to data released Monday. Less than 30% of CEOs forecast either a mild or severe recession over the next six months, per Chief Executive Group’s … Read more
Al Roker is getting candid about his health scare in late 2022. The Today show anchor and meteorologist, 70, was hospitalized with blood clots in his legs and lungs in November that year, forcing him to miss NBC’s coverage of the Macy’s Thanksgiving Day Parade for the first time in 27 years. After briefly returning … Read more
Miley Cyrus went to extreme lengths for her new musical film. The “Easy Lover” singer, 32, revealed she was hospitalized with an unspecified leg infection around Thanksgiving last year after rolling around on the Hollywood Walk of Fame for her latest opus, Something Beautiful. (Cyrus is set to drop her new album on May 30, … Read more
Accenture CEO Julie Sweet has a plaque in her home that says, “If your dreams don’t scare you, they’re not big enough.” “I look at it every day when I think about where I need to take our company, and where I need to continue to learn as a company,” she said at Fortune‘s Most … Read more
Love Is Blind UK host Emma Willis is opening up about a recent health scare. Willis, 49, shared via Instagram on Wednesday, April 23, that she underwent keyhole heart surgery in London after doctors discovered a hole in her heart. “A few weeks ago, I had keyhole heart surgery, which feels very strange to write, … Read more
Lil Nas X says he’s “lost control” of half of his face. The rapper, 26, posted an Instagram video from his hospital bed on Monday, April 14, writing in a caption, “Soooo lost control of the right side of my face 😭.” In the clip, he shares the news in disbelief and tries to smile … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more
Gal Gadot got candid about a health scare she experienced before welcoming her fourth daughter with husband Jaron Varsano. “I had a huge scare. All of a sudden, I realized what it means to be scared to death,” Gadot, 39, said on the Monday, March 10, episode of The Tonight Show Starring Jimmy Fallon, explaining … Read more
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