Banks and regulators around the world have managed to replace the plumbing of the entire financial system, even as almost nobody has noticed. Driving the news: As of Monday, Libor — the interest rate that once underpinned some $300 trillion in financial contracts from derivatives to corporate credit lines — will effectively be dead.Why it…Continue Reading
Sign up for our daily briefingMake your busy days simpler with Axios AM/PM. Catch up on what’s new and why it matters in just 5 minutes.Catch up on the day’s biggest business storiesSubscribe to Axios Closer for insights into the day’s business news and trends and why they matterSign up for Axios Pro RataDive into…Continue Reading
Sign up for our daily briefingMake your busy days simpler with Axios AM/PM. Catch up on what’s new and why it matters in just 5 minutes.Catch up on the day’s biggest business storiesSubscribe to Axios Closer for insights into the day’s business news and trends and why they matterSign up for Axios Pro RataDive into…Continue Reading
People who had Covid-19 and are later reinfected with the omicron variant may experience fewer symptoms than they did during their initial bout with the virus, a small study from the Centers for Disease Control and Prevention suggests.The study, published Tuesday in the CDC’s Morbidity and Mortality Weekly Report, looked at six people in a…Continue Reading
“Jeopardy!” champion Amy Schneider made history again on Friday, becoming the highest-earning female contestant in the game show’s nearly 57-year run.The engineering manager’s 18th consecutive win brought her total earnings to $706,800, bumping her above Larissa Kelly to become the show’s top-earning female player.Kelly, a science fiction writer and academic who built up a record…Continue Reading
Betty White is celebrating her 100th birthday on Jan. 17 by gracing the cover of People magazine. In the cover story, which will be released the week of Jan. 10, the prolific actor reveals her secret to living a long, fulfilling life. “I try to avoid anything green,” she joked. “I guess it’s working.”White isn’t a fan…Continue Reading
Bebe Rexha Struggling Over Weight Gain 12/28/2021 9:13 AM PT Bebe Rexha opened up about her struggle with weight over the holidays, and she’s clearly having a hard time, but at the same time offering encouragement to others. The singer said, “So, it is the holidays and I know we’re all supposed to be, like,…Continue Reading
Kim Kardashian Dragged for Spoiling ‘Spider-Man: No Way Home’ 12/28/2021 8:39 AM PT Kim Kardashian is getting dragged for ruining the ending of the new, “Spider-Man: No Way Home” flick. Seems Kim was ensconced in her Hidden Hills home theatre Monday night watching the 3rd installment of the mega-hit, when she spoiled the climax ……Continue Reading
Travis Scott Dior Partnership Put on Hold … In Wake of Astroworld Tragedy 12/28/2021 8:15 AM PT Travis Scott’s Catus Jack collab with Dior has been put on ice. Dior made it clear Tuesday the project between Travis and Dior’s men’s artistic director Kim Jones — hawking Travis’ Cactus Jack line — would not be…Continue Reading
Britney Spears Says ‘F You’ to Family … You Hurt Me Beyond Words 12/28/2021 7:28 AM PT Britney Spears gave a giant “f you” to her family Monday … literally saying “f you” to them. Spears was clearly angry when she posted, “Not doing music anymore is my way of saying ‘F–k You’ in a…Continue Reading