111-Year-Old Briton, World’s New Oldest Man, Reveals Secret To His Longevity After Guinness World Records

111-Year-Old Briton, World’s New Oldest Man, Reveals Secret To His Longevity After Guinness World Records

John Tinniswood was born in 1912 in Merseyside, northern England London: The world’s oldest living man, 111-year-old Briton John Tinniswood, said his longevity was “just luck” and there was no special secret to his diet – although his favourite food was fish and chips every Friday. Tinniswood, who has been retired for more than half … Read more

10-year Treasury yield jumps after stronger-than-expected jobs report

10-year Treasury yield jumps after stronger-than-expected jobs report

Treasury yields climbed on Friday after closely watched nonfarm payrolls data for March surged past expectations. The 10-year Treasury yield jumped 6 basis points to 4.371%. The benchmark note on Wednesday briefly touched a new 2024 high of 4.429%. The 2-year Treasury yield was also higher by 8 basis points at 4.719%. Yields and prices … Read more

UBS CEO says Credit Suisse will be a case study for big bank mergers

UBS CEO says Credit Suisse will be a case study for big bank mergers

The mammoth integration of failed bank Credit Suisse into its former rival UBS will act as a “case study,” UBS CEO Sergio Ermotti said Friday, one that will show that big bank mergers should be allowed. “It’s going to be a case study to be evaluated globally, but also particularly in Europe, where eventually the … Read more

Fed Governor Bowman says additional rate hike could be needed if inflation stays high

Fed Governor Bowman says additional rate hike could be needed if inflation stays high

US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019.  Eric Baradat | AFP | Getty Images Federal Reserve Governor Michelle Bowman said Friday that it’s possible interest rates may have to move higher to control inflation, rather than the cuts her … Read more

Here’s where the jobs are for March 2024 — in one chart

Here’s where the jobs are for March 2024 — in one chart

The U.S. labor market surprised economists with its strength once again, adding more than 300,000 jobs in March, with a few key sectors continuing to fuel its growth. Health care and social assistance were the top sector for job gains — a common theme in recent years — adding 81,300 jobs. Government and leisure and … Read more

Demand for french fries reflects resilient consumer as so-called fry attachment rate holds steady

Demand for french fries reflects resilient consumer as so-called fry attachment rate holds steady

A McDonald’s crew member prepares french fries in Miami, Florida. Getty Images It’s a timeless question at fast-food counters: Do you want fries with that? Responders continue answering affirmatively at a higher-than-average rate, a top potato supplier indicated. It underscores the resilience of consumer spending, even as inflation pinches pocketbooks and pandemic savings dry up. … Read more