Former Abercrombie CEO mentally fit for sex-trafficking trial, judge says

Both countries will suffer from the trade war with steeper tariffs raising business costs and consumer prices.

Treasury secretary Scott Bessent’s attempt to calm bond markets is a sign of weakness not strength “Look, there’s nothing magic about that $40tn number,” the US Treasury secretary, Scott Bessent, told CNBC insouciantly last week, as the country’s debt mountain surpassed another bleak record. Yet Bessent’s decision to intervene in government bond markets in an effort to combat soaring yields, belied his studied calm in TV interviews – and reignited fears the US may be on the road to a debt crisis...

Andy Burnham hopes we’ll forget the big stuff if he sorts out our minor frustrations and low-level gripes. Pothole politics hasn’t won me over yet, but I know some changes that could This is a vulnerable confession, but I spend way too much time on the social media of the New York City mayor, Zohran Mamdani. Whether he is seemingly effortlessly speaking Mandarin, hanging out with kids or charmingly accepting that he should wear a cycle helmet, the man with the million-watt smile is my antidepressant. (Even more vulnerable confession: I believe, irrationally, he is looking after my elder son, who lives there.) This means that I know all about Mamdani’s fight against what Business Insider recently deemed the “annoyance economy” – daily frustrations that make you poorer or drive you slowly, miserably mad. These include the absurd complexity of cancelling subscriptions; hidden fees; getting charged more for something you looked up last week, because of cookies; never being able to find a public toilet; and potholes. He has taken to responding when he gets tagged in people’s “Mamdani, fix this” posts to the point where Britons online are even jokily asking him to take on their problems...