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    Days ahead of Oprah‘s landmark interview with the Duke and Duchess of Sussex, people are already spotting significance in the fashion choices made in the clips released. Meghan Markle‘s Oprah interview outfit reportedly sends a strong message, including a touching tribute to the late Princess Diana. Markle and Prince Harry have spent a year away from the spotlight, adjusting to life after stepping back as “senior members” of the royal family.

  • Nasdaq ends sharply lower after Powell comments

    Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields. A decline of 10% from its February record high would confirm the Nasdaq is in a correction. The benchmark 10-year Treasury yield spiked to 1.533% after Powell's comments, which did not point to changes in the Fed's asset purchases to tackle the recent jump in yields.

  • Wall Street drops as tech stocks tumble

    The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors that stand to benefit from an economic recovery.The Dow and S&P 500 also fell.. with Microsoft, Apple and Amazon weighing on the S&P more than any other stocks. Meanwhile, government bond yields ticked higher -- reflecting investors' optimism about the economy, but hurting growth stocks, which have relied on easy money borrowing to fuel their rise.JJ Kinahan, chief market strategist at TD Ameritrade says investors are weighing the impact of higher bond yields and what they mean for stocks. "I think where we’re really heading is people trying to figure out what to do right now and what I mean by that is you saw the sharp increase in bond yields over the past few weeks and at the same time, what’s been tough for people to figure out is that there have been many days where bond yields are higher and so are stocks. Or bond yields go lower and so do stocks. That’s not a normal relationship. So what that tells me is that there is an adjustment of assets." While tech fell, travel stocks, including American Airlines and Carnival Cruises, jumped more than 3%Meanwhile Lyft bucked the tech trend, rising more than 8% after the ride-sharing company reported strong February ride figures and said it’s seeing ride-sharing recover sooner than expected.Its optimism also helped lift shares of its rival, Uber.

  • U.S officials have met Yemen's Houthis as Washington seeks end to war - sources

    Senior U.S. officials have held a first direct meeting with officials from the Iran-aligned Houthi movement that controls Yemen's capital, two sources familiar with the matter said, as the new U.S. administration pushes to end a six-year war. The discussions, which have not been officially made public by either side, took place in the Omani capital Muscat on Feb. 26 between U.S. Yemen envoy Timothy Lenderking and the Houthis' chief negotiator Mohammed Abdusalam, the sources said.

  • 9 of the Best Outdoor Rugs That Literally Ground Any Space

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  • UK's Johnson says Brexit problems in Northern Ireland are solvable

    British Prime Minister Boris Johnson said on Thursday the latest problems surrounding Brexit and Northern Ireland could be solved with good will and common sense. The EU promised legal action on Wednesday after the British government unilaterally extended a grace period for checks on food imports to Northern Ireland, a move Brussels said violated terms of Britain's divorce deal. "I am sure that with a bit of good will and common sense that all these technical problems are eminently solvable," Johnson said in a pooled interview during a trip to north east England.

  • Ireland says UK not behaving like a 'respectable country'

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  • Fashion shows have gone digital, seemingly for good

    2020 saw fashion shows go digital. For the spring 2021 season, it’s pre-recordings, audience-free livestreams, with some designers even absenting themselves from the catwalk calendar. It’s a new look that many expect will endure when traditional runway shows resume. [Chief Executive of The British Fashion Council, Caroline Rush]: "Digital first is absolutely something that we will continue to see.”[The Business of Fashion Journalist, Lauren Sherman]: “There's been a real shift in the balance of power.”Widespread restrictions have forced New York, London, Milan and Paris fashion weeks to go virtual and many brands had to rethink how to keep the buzz of catwalk shows online. While streaming shows is nothing new, lockdowns accelerated a shift in an industry that had already been turning to social media in recent years to target younger spenders. This season most brands decided against expensive catwalk events, instead streaming pre-recorded videos on a fashion week platform and in turn opening up fashion week to a wider audience. Some labels, including Gucci and Tommy Hilfiger, sat out fashion week altogether.Versace is presenting its collection after its usual showcase, Milan Fashion Week, ends.[The Business of Fashion Journalist, Lauren Sherman]: "Yes, we will see physical runway shows from these very, very large brands who can afford to put on multimillion dollar entertainment events. But they may not be during the traditional fashion week and they may have audiences that are primarily made up of customers. So, I think there's there's been a real shift in the balance of power that was already happening, again it was happening pre-pandemic. But, but now the there's proof of concept that if you want to ignore Fashion Week, it's probably not going to hurt your bottom line." It doesn’t signal the end of live events.Many are optimistic about a return to the events usually attended by buyers, editors and celebrities - but with a shift.[Chief Executive of The British Fashion Council, Caroline Rush]: "Digital first is absolutely something that we will continue to see. I think particularly to businesses, this may be as we go back to shows, we'll have smaller shows, we'll also be thinking about the assets, of the way they can engage with these audiences that actually have been big supporters of them through this past year and been championing their creativity and collections and have been an inspiration to the brands and to the designer businesses to really keep them going." Rebecca Minkoff was one of the few designers to hold a live presentation in New York.[Designer Rebecca Minkoff]: "I think the spectrum goes from doomsday to celebratory, I think at least I know I'm aching to get back to some sort of sense of community, of people being able to see each other. I think a large part of Fashion Week outside of the shows was the community getting to be together and feed off of that creativity. And so, with that lacking, it's a, you know, it's not the same. But I think for those who are able to be creative and innovative, now is the time to figure out how you pivot and for those that do, I think there is great opportunity." This season also saw plenty of bright colors, reflecting what seems to be new optimism for an industry that saw a very difficult year. [Designer Mark Badgley]: "I think we all know there's this pent up desire for a return to normalcy. People are so desperate to congregate, to have a good time, to look beautiful and I think it will show in the clothing." [The Business of Fashion Journalist, Lauren Sherman]: “Now that there is a light at the end of the tunnel while the financial burdens are not gone and the challenges are not gone, there is a sense of, ok, we are going to be able to pick up and go again. And, and that has shown through in the collections."

  • Civil War: Trump attacks Republican strategist Rove, who fires back

    Former President Donald Trump intensified his war with the Republican establishment on Thursday by attacking Karl Rove, a longtime Republican strategist who criticized Trump's first speech since leaving office for being long on grievances but short on vision. "He’s a pompous fool with bad advice and always has an agenda," Trump complained in a statement issued by his office in Palm Beach, Florida. Rove, the architect of Republican George W. Bush's presidential victories in 2000 and 2004, wrote in an opinion article in the Wall Street Journal on Thursday that Trump's speech last Sunday to the Conservative Political Action Conference was wanting.

  • Blast strikes Dutch COVID-19 test centre; police call it an attack

    An explosives team visited the site in the town of Bovenkarspel, 55 km (35 miles) from the capital, where police said a metal cylinder involved in the explosion had been recovered. It "must have been placed" there, police spokesman Menno Hartenberg told Reuters. A security guard in the testing centre alerted police to a "loud blast" that broke several windows shortly before 7 a.m., a police statement said.

  • Fox Sports reportedly gave Skip Bayless a $32 million contract to keep him from going back to ESPN

    Skip Bayless is reportedly staying at Fox Sports for a reported $8 million per year after ESPN pursued him with offers in the same salary range.

  • These are the 18 'problematic' classic films TCM will examine in a new series

    "Gone With the Wind," "Psycho" and "Breakfast at Tiffany's" are among the classic films that TCM will air and reconsider in its new series "Reframed."

  • A New Orleans police officer groomed and raped a 14-year-old girl he was assigned to take to a rape kit exam, a lawsuit alleges

    The lawsuit alleges the officer began grooming the girl as they sat in the waiting room of a New Orleans children's hospital.

  • Five states are rolling back mask mandates. More could be on the way. Here's what it could mean for all of us.

    Alabama, Texas and Mississippi are joining more than a dozen other states in easing mask mandates even as COVID-19 continues to spread.

  • It is hard to overstate just how unusual Prince Harry and Meghan Markle's media war with Buckingham Palace is

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  • Man pictured with feet on Pelosi's desk yells at judge: "It's not fair"

    The Arkansas man who was pictured with his feet on House Speaker Nancy Pelosi's desk during the Jan. 6 insurrection had an outburst in court Thursday, yelling at the judge and his own lawyers that it isn't "fair" he is still in jail, KNWA reports. Background: Richard Barnett, 60, has been asking to be freed on bond since he was arrested days after the attack at the Capitol, per the New York Times. Barnett lost his patience after D.C. District Court Judge Christopher Cooper continued his trial until May 4.Get market news worthy of your time with Axios Markets. Subscribe for free.“I’ve been here a long time … another month … It’s not fair,” Barnett said, per KNWA. “You’re letting everyone else out, I need help,”He has pled not guilty to charges of aiding and abetting, disorderly conduct in a Capitol building, parading or demonstrating in a Capitol building, and theft of government property.Like this article? Get more from Axios and subscribe to Axios Markets for free.

  • Biden supports making a temporary $3,000 payment to parents in the stimulus bill permanent going forward

    Senate Democrats want to make the larger tax credit permanent and give families an option to receive monthly checks. Biden wants a permanent one too.

  • ‘Impossible to trace.’ Tech savvy dad may be holding daughter captive in WA, cops say

    “He is communicating in a way that’s almost impossible to trace, which makes it extremely difficult for investigators to generate significant leads.”