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Why are Treasury yields so high and what does it mean for you?
Why are Treasury yields so high and what does it mean for you?
US Treasury rates are white hot. That's bad news for stocks and anyone planning to buy a home.
1970-01-01 08:00
District Attorney drops more than 30 cases involving former officers charged in Tyre Nichols' death
District Attorney drops more than 30 cases involving former officers charged in Tyre Nichols' death
A district attorney in Tennessee dismissed more than 30 cases involving five former police officers who were charged with second-degree murder in the death of Tyre Nichols, according to a statement obtained by CNN affiliate WHBQ on Wednesday
1970-01-01 08:00
Alessia Russo: Playing in the World Cup final is a real ‘pinch me’ moment
Alessia Russo: Playing in the World Cup final is a real ‘pinch me’ moment
Forward Alessia Russo cannot wait to kick off England’s World Cup final after years spent rehearsing the winning strike in her childhood garden. This is a monumental moment for Sarina Wiegman’s side, who until beating co-hosts Australia 3-1 in their semi-final had never finished higher than third place in a global showpiece. On Sunday night against Spain in Sydney they could become the first England team to bring football ‘home’ since Sir Alf Ramsey and his men lifted the trophy in 1966. Russo said: “Obviously this is the biggest game, the one you dream about and means the most. “I think it will hit when we’re in the tunnel and ready to walk out. It’s an incredible occasion, it’s been an unbelievable tournament and this is it. This is the moment we want to be in. We can’t wait. “Right now all I want to do is go out, put on a performance to be proud of and obviously to win. We started this tournament wanting to win seven games and this is the message. “This is the last one to go and we’re really locked in.” Maidstone-born Russo grew up watching her brothers play for the local boys’ side in East Farleigh, where she was too young to join in but would kick a ball around on the side of the pitch. Soon, however, the now 24-year-old was featuring for both the girls’ and boys’ teams at Bearsted FC, which meant both weekend days were often occupied with football, while Russo’s preferred school-night activity remained playing on a strip of grass at the end of her street. It would also not be wholly inaccurate to say Russo has already lifted a World Cup. In primary school, the summer Arsenal signing played in an inter-school ‘Mini World Cup’ and walked away with a shock victory – while representing her side’s assigned country of South Korea. Then there were the garden tournaments where, said Russo, “we had to score to stay in”. She added: “As a kid, growing up to think we’re playing in a World Cup in a couple of days is a special feeling. A real ‘pinch me’ moment.” Russo admits it has not quite hit her that, just under 13 months after England lifted their first major trophy at last summer’s European championships, they could be one win away from making more history. She said: “It’s been an incredible year but we’re always focused on what’s next. You never really kind of get to enjoy the moment. I’m sure I will when I get back and I’m old and grey. Right now it’s about what’s coming up and what’s there to achieve. “For players, obviously we’re all aware it’s a World Cup final and there’s that on the line, but as soon as you cross the line it’s just a normal game. It’s what we love to do. It’s 11 v 11 and we have to win. As soon as we step out on the pitch, we know our job and what we need to do. “We’re aware it’s a World Cup final but we’ll just play our game. “Everyone is excited but we’re very relaxed and chilled. It feels like a normal game to us which is great and shows the composure of the team. Camp has been great from the first game until now. It feels pretty similar, it’s another game we must win.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Warren Gatland impressed by competition for World Cup places in Wales squad Man United keen to sign Jonny Evans despite Harry Maguire’s transfer collapse James Ryan says Ireland’s clash with England ‘has never been a warm-up game’
1970-01-01 08:00
WeWork moves ahead with 1-for-40 reverse stock split to maintain NYSE listing
WeWork moves ahead with 1-for-40 reverse stock split to maintain NYSE listing
The NYSE issued a notice to the workspace-sharing company in the spring after shares closed below an average of $1 over a 30-day trading span
1970-01-01 08:00
Biden hosts historic SK-Japan summit to counter China
Biden hosts historic SK-Japan summit to counter China
The US hosts its first ever joint meeting with South Korea and Japan - neighbours with a tense relationship.
1970-01-01 08:00
Official Website for International Conference on Fishing Communities 2023 Launched
Official Website for International Conference on Fishing Communities 2023 Launched
BUSAN, South Korea--(BUSINESS WIRE)--Aug 18, 2023--
1970-01-01 08:00
Little Rock schools will allow African American class to count for graduation, in break from Arkansas state officials
Little Rock schools will allow African American class to count for graduation, in break from Arkansas state officials
In a sharp break from Arkansas education officials, the Little Rock School District said in a news release it will offer AP African American Studies for credit.
1970-01-01 08:00
What is money muling and why is it vital parents warn their children about the dangers?
What is money muling and why is it vital parents warn their children about the dangers?
Teenagers often like to have the latest gadgets and trainers, but if a young person suddenly has the ability to splash cash around, with no obvious explanation for their wealth, it could be a warning sign of money muling. Money muling happens when people are persuaded to let cash flow through their bank account in exchange for money or gifts – and young people in particular may be targeted. According to figures released by UK Finance and the fraud prevention body Cifas, young people under the age of 21 account for around one in five cases where money muling activity is suspected. While money muling may be seen as an opportunity to make some easy cash, it’s actually a criminal offence. The cash flowing through bank accounts is often the proceeds from crime. UK Finance and Cifas run a campaign called Don’t Be Fooled, which has developed free PSHE (personal, social, health and economic education) resources for schools, to help young people learn about the dangers and consequences of becoming a money mule. The new schools programme is aimed at youngsters aged 10 to 14. To find out more about the dangers of money muling – and the warning signs for parents to look out for – I asked Paul Maskall, manager of fraud and cybercrime prevention at UK Finance, for his expert insights: How can parents talk to children and teenagers about money mule activity and explain what it is? Paul says: “Even at the best of times, we aren’t always good at valuing and protecting our data, personal information or private details which we store digitally.” He says it’s important for parents to explain what money mules are, “to ensure that the newer generation have a better understanding of how to protect themselves.” He continues: “By doing so, it gives them more of an intuitive defence and understanding of the risk of people wanting to exploit them and gain access to their account, for the purposes of laundering money.” How can young people themselves avoid getting involved in money muling? Maskall stresses the importance of keeping accounts and personal information private. He says: “Criminals seek to manipulate you with a promise of gifts, rewards or a percentage of the funds sent through your account.” People should avoid opening a bank account in their name for someone else, allowing their bank account to be used to send and receive funds for other people, or sharing PINs and passcodes, he says. While criminals will often seek out younger people to become money mules, it’s also important to remember that anyone can be targeted, he adds. What are the warning signs that your child could be involved? “Tell-tale signs that your child might be involved in money muling could be them suddenly having extra cash, buying expensive new clothes or top-of-the-range mobile phones and gadgets with very little explanation as to how they got the money,” Maskall explains. “They may also become more secretive, withdrawn or appear stressed sometimes, becoming more fixated on communication and phone usage.” What are the consequences of money mule activity? Some people may see requests to pass money through their account as harmless – but they could be making a big mistake. “Criminals need money mules to launder the profits of their crimes and frequently target young people, who are often unaware of the consequences of them agreeing to do so,” says Maskall. “Allowing a bank account to be used in this way is a crime and can result in a criminal record and the account being closed. “You could go to prison for up to 14 years and it can also lead to the individual finding it difficult to obtain mobile phone contracts or access financial products and credit, including student loans.” What should parents do if they think their child or someone else they know might be involved in money muling? “It’s important for parents and guardians to remind their children of the potential approaches that they may receive from criminals,” says Maskall. He says if any parents or guardians are worried that someone they are close to might be caught up in money muling, they can contact Crimestoppers anonymously on 0800 555 111. Where can parents go to get support or seek further information and how can communities stay safe? Maskall says: “We encourage everyone to visit the Don’t Be Fooled website for more information on the risk of money muling and how to stop the signs. www.moneymules.co.uk. “It is important to remember that anyone can be at risk and speaking openly and educating one another about the harm and risks involved will benefit others.” Read More From tofu chicken wings to chickpea bacon – how and why you should be making plant-based meat at home Holly Willoughby channels Gwyneth Paltrow with ‘orgasm anxiety’ blog post Do it for the Gram: Speedy but spectacular goat’s cheese linguine Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
1970-01-01 08:00
Mounting Union Wage Demands Risk Impeding Canada’s Inflation Fight
Mounting Union Wage Demands Risk Impeding Canada’s Inflation Fight
Wages negotiated by union workers in Canada are creeping higher, complicating the central bank’s bid to restore price
1970-01-01 08:00
Chelsea detail Romeo Lavia plan after completing £58m deal
Chelsea detail Romeo Lavia plan after completing £58m deal
Chelsea have completed the signing of midfielder Romeo Lavia from Southampton for a reported £53million, possibly rising to £58m, taking their total number of first-team acquisitions this summer to eight. The 19-year-old, who has played just 29 times in the Premier League, has signed a seven-year deal having made clear earlier this week his desire to move to Stamford Bridge over Liverpool, who also had a bid accepted. Chelsea have now spent more than £350m during this transfer window once performance-related add-ons are taken into account, though that has been significantly offset by fees received for player sales. Lavia told the club’s website: “I can’t wait to meet all my new team-mates and build a chemistry together to achieve great things together.” Lavia, who made his Belgium debut in a friendly win against Germany in March, will likely compete with Enzo Fernandez and fellow new-signing Moises Caicedo - the two most expensive players in English transfer history - for a starting place in Mauricio Pochettino’s midfield. Chelsea broke that record for the second time in eight months on Monday with the capture of Caicedo from Brighton for an initial £100m, possibly rising to £115, eclipsing the £106m they paid Benfica for Fernandez in January. Co-sporting directors Laurence Stewart and Paul Winstanley said: “We are very pleased to welcome Romeo to Chelsea. “He demonstrated his quality in the Premier League last season at Southampton, showing maturity despite his young age, and is a player we have monitored for some time. “We believe he is ready to make an impact at Chelsea throughout the current campaign, and in the coming years.” It is also understood that a deal is yet to be agreed with Newcastle for defender Lewis Hall, though a move for the 18-year-old is close. Hall signed a new six-year contract with the club just days ago and was set to spent the season on loan at Crystal Palace but Newcastle’s offer, believed to be £28m, has persuaded the club to reconsider. As an academy product, any sale would be recorded as pure profit in Chelsea’s books as they look to remain within Financial Fair Play rules following a total transfer outlay over the last year in excess of £900m. A deal had also been agreed with Palace for the transfer of winger Michael Olise after the club met his £35m release clause, but the France Under-21 international has opted to remain at Selhurst Park and signed a new four-year contact on Thursday. PA
1970-01-01 08:00
Reece James injury: Chelsea captain expected to be out for weeks with hamstring strain
Reece James injury: Chelsea captain expected to be out for weeks with hamstring strain
Reece James has been ruled out of Chelsea’s weekend visit to West Ham and could face several weeks on the sidelines after sustaining a hamstring injury in training. James, 23, was made club captain by new manager Mauricio Pochettino in the summer, but his first game leading the side ended early when he was replaced in the second half of the 1-1 draw with Liverpool. Aftewards Pochettino insisted James was suffering only from fatigue and would be fit for the Blues’ visit to the London Stadium. But the defender has now picked up a muscle strain that adds to his long line of injuries disrupting his progress at Stamford Bridge. A statement said: “Reece James is starting rehabilitation having undergone assessments on an injury sustained in training this week.” Meanwhile, Chelsea have completed the signing of 19-year-old defensive midfielder Romeo Lavia from Southampton on Friday after agreeing to a reported transfer fee of £58m. The Belgium international signed a seven-year deal after reportedly rejecting a proposed move to Liverpool. The spending spree at Stamford Bridge continues with Lavia arriving just days after Chelsea signed Ecuador midfielder Moises Caicedo from Brighton for £115m. Caicedo's signing took Chelsea's spending on players to almost £1bn in 15 months under its new American owners. The highly rated Lavia has played only 29 times in the Premier League. “I’m really happy to join Chelsea and be a part of this exciting project,” Lavia said in Chelsea’s announcement. “It’s an amazing football club with a great history and I’m really excited to get started. I can’t wait to meet all my new teammates and build a chemistry together to achieve great things together.”
1970-01-01 08:00
Liverpool confirm Wataru Endo signing
Liverpool confirm Wataru Endo signing
Wataru Endo joins Liverpool from Stuttgart on a permanent transfer.
1970-01-01 08:00
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