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A powerful earthquake followed by five significant aftershocks rattled southern Mexico on Friday morning, prompting emergency evacuations in major cities and the activation of state and federal security and verification protocols. President Claudia Sheinbaum spoke to the governors of Chiapas and Tabasco, saying in a social media post afterward that no initial damage had been reported. However, the Pacific Tsunami Warning Center issued an alert for Mexico’s southern Pacific coastline and Sheinbaum advised residents of Oaxaca and Chiapas to stay away from the ocean until late afternoon. The epicenter of the initial earthquake, which the National Seismological Service registered at…
Democratic candidates are raising more money than Republicans in key Senate races, and Sen. Jon Ossoff (D) of Georgia has the most money at his disposal at $42 million. Alongside Ossoff, the top battleground Senate fundraisers in spring were Democrats: James Talarico in Texas, former North Carolina governor Roy Cooper and former Sen. Sherrod Brown of Ohio, according to disclosures due Wednesday. The top Republican fundraiser was Sen. Susan Collins of Maine, a Republican incumbent who was seen as the most vulnerable sitting senator until embattled Democrat Graham Platner dropped out and upended the race.
Stay informed with free updatesSimply sign up to the US companies myFT Digest — delivered directly to your inbox.It’s hard to escape the reality that bigger businesses have an edge over small ones. Odds are stacked against even the craftiest of start-ups in sectors such as supermarkets, logistics or carmaking. But fashion retail might be different. Reformation, a brand preparing to list in New York, is a test of the theory that there’s more to life, and profitability, than scale.Reformation, the maker of eco-friendly clothes oft-worn by celebrities, made about $500mn in net revenue — total sales after returns and…
It’s not just a sweet, sweet fantasy: Mariah Carey has released an expanded edition of Daydream to celebrate the seminal album’s 30th anniversary. Officially titled Daydream: 30th Anniversary Edition, the new version includes unreleased bonus tracks, rare demos, live performances, and remixes. The digital version is out now via Columbia Records and Legacy Recordings. “This album marked an era of firsts for me: my first rap collaboration on the iconic ‘Fantasy’ remix with O.D.B., my first time working with JD, my first world tour, my first time directing a music video on my own, and so many more,” Carey wrote in…
A powerful magnitude 7.3 earthquake struck near the coast of Mexico’s southernmost state of Chiapas on Friday, triggering a tsunami warning and shaking buildings in neighbouring Guatemala and El Salvador. Authorities reported no immediate damage. The quake struck at a depth of 15.2km (9.44 miles), the US Geological Survey (USGS) said, after revising its earlier assessment of a 7.4 magnitude quake at a shallow, 10km depth. Following the tremor, the US Tsunami Warning System said that hazardous tsunami waves were possible along coasts located within 300km (186 miles) of the epicenter. The waves could reach levels between 0.3 metre and 1 metre…
Mastermind of €88m Louvre Heist Thought They ‘Could Have Taken More’ Alleged thieves in October 2025 robbery damaged a gem-encrusted crown worn in the 19th century by Empress Eugénie. The Guardian > Cuban Artist Luis Manuel Otero Alcántara is Missing After Jail Sentence Ends Artist Luis Manuel Otero Alcántara has been reported missing following the expiration his jail sentence. ArtReview > Robert Rauschenberg Foundation donates three major sculptures to ARTIST ROOMS Three major sculptures by Robert rauschenberg have been donated to ARTIST ROOMS by the Robert Rauschenberg Foundation. FAD Magazine > Nazi-Looted Painting Salvaged From Amsterdam Rubbish Pile Is Set…
Garfield St Aubrun Sobers was born in Bridgetown on 28 July 1936, but was only five when his merchant seaman father was killed in World War Two, leaving his mother Thelma to raise half-a-dozen children. Young Garry was born with an extra finger on each hand, which were removed during childhood.Having excelled at several sports as a schoolboy, he was recruited to local club cricket in his early teens and made his first-class debut at the age of 16 against the Indian tourists at his home town’s Kensington Oval – the ground whose pavilion would one day bear his name.Sobers…
Picnic season is here and Mexico City dwellers are all about it. After a prolonged dry season and long sunny days, all we want is to get out there and enjoy our recently renovated green areas. How do you prepare the perfect picnic with fresh and local ingredients? Enter Mexico News Daily’s ultimate digest of the best mercados to visit this summer, as the Mexican capital thrives with the season’s heat. This selection of places, however, is not limited to food markets. Only in Mexico City can you find markets specializing in century-old books, with stalls just blocks away dedicated…
The leading candidates to replace Graham Platner as the Democratic nominee to challenge Sen. Susan Collins are presenting themselves as fighters in his mold and calling for ICE to be abolished.
primeimages/E+ via Getty Images Capital Scarcity and the End of Globalization’s Disinflationary Era The structural backdrop for U.S. inflation increasingly suggests that the long run equilibrium range is migrating from roughly 1.5–3.5% toward 3.5–4.5%, with a significant risk of episodes of inflation above 5%. An important core reason is the steady erosion of the disinflationary architecture that dominated the 1990–2020 period, even as various cyclical pressures also play a role. Globalization’s Disinflationary Era (1990-2020) The structural inflation outlook can be understood through the standard economic production function, where output is determined by labor, capital, technology, natural resources, and productivity growth.…