By Davide Barbuscia NEW YORK (Reuters) – A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that interest rates will stay high for longer and raised the spectre of benchmark 10-year yields hitting 5% — a level that some fear could rattle broader markets. Friday’s … Read more
(Bloomberg) — While data centers’ energy needs are a growing concern for the grid, the biggest user is more prosaic. Homes use far more energy to keep cool than servers. And amidst the world’s hottest year, residential use hit a record as well in 2024, reflecting the need to get a grip on the sector … Read more
(Bloomberg) — Joann Inc., the fabric and crafts retailer that emerged from Chapter 11 less than a year ago, is considering filing for bankruptcy again as it runs out of cash, according to people with knowledge of the matter. Most Read from Bloomberg A final decision hasn’t been made, and the company is also exploring … Read more
-Credit:Sebastian Frej/MB Media/Getty Images Liverpool captain Virgil van Dijk has sent a clear message to his teammates ahead of facing Accrington Stanley in the FA Cup this weekend. The Dutchman might not play a part in the game but has insisted those who do won’t take it lightly. “You see that in the FA Cup, … Read more
Emergency services were called to Kearsley after a crash between three cars. The crash happened on Kearsley roundabout at around 7pm this evening causing heavy delays in the area. Greater Manchester Fire and Rescue Service were called and used a hearth kit and lighting to make the area safe and were in attendance for around … Read more
A dog walker tried to steal a woman’s handbag before attempting to grab a girl’s phone minutes later. Paul Couldwell struck twice in a short space of time on a Friday morning, but left empty handed. He has now been locked up for two years. In a statement, Lancashire Police said: “At around 7.57am on … Read more
Parents have criticised a school for refusing to allow pupils to wear costs in what they describe as ‘freezing’ classrooms. Mums and dads whose children attend Co-op Academy Manchester say the heating system is inadequate and leaving pupils too cold to concentrate on their learning. One dad said that more than 40 parents have grouped … Read more
A selfish drugs courier tried to abandon his girlfriend amid an escape bid from cops – knowing a £25k block of cocaine was under her seat. Shop fitter Jonathan Tryon and his then partner Naomi Riddick were pulled over after travelling from Ellesmere Port to Rochdale to pick up a ‘consignment’ on behalf of a … Read more
After a blisteringly cold week in Greater Manchester, an energy infrastructure expert has explained how freezing weather can lead to power outages. Taco Engelaar is the managing director at Neara, which provides infrastructure support to utilities. And according to Engelaar, it’s not necessarily the cold weather itself which might directly cause power cuts. It’s actually … Read more
-Credit:PSG via Getty Images Alejandro Garnacho may hold the key to Manchester United signing Nuno Mendes and turbocharging their rebuild under Ruben Amorim. The Reds’ current squad has clearly shown to be unsuited to how the former Sporting boss wants his team to play. There have been promising signs in the win at Manchester City … Read more