The Athletic has appointed Chris Weatherspoon as its first dedicated football finance writer. Chris is a chartered accountant who will be using his financial acumen as The BookKeeper to explore the money behind the game. He is starting with a series this week analysing the financial health of some of the Premier League’s biggest clubs.You can read more about Chris and pitch him your ideas, and his first article exploring how Manchester United ended up in a financial mess.Last summer, in the afterglow of a record fourth consecutive English league title, Manchester City didn’t feel the need to do much. As…
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Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year.Despite surveys indicating that confidence is at a nearly three-year low amid increasing worries about inflation, Moynihan told CNBC that spending data shows consumers are still shelling out money, though shifting away from goods and into services.”We’re in this classic moment … where the consumer is saying, ‘I’m getting more pessimistic,’ in some of the surveys and things like that,” he said during a “Squawk Box” interview. “But if you actually look what they’re doing day to…
Elon Musk ‘s foray into conservative politics has raised concern that critics will stop buying cars from Tesla . But TD Cowen found scenarios in which the CEO’s growing political presence can actually boost sales. Analyst Itay Michaeli said two out of three models run by the firm show sales increasing following Musk’s political involvement, which has included running President Donald Trump ‘s contentious government efficiency initiative. That’s because the electric vehicle maker may pick up enough customers in more Republican-leaning areas of the U.S. to more than offset the losses seen in places that skew Democratic. “Recent concerns over…
Nvidia CEO Jensen Huang delivers the keynote address during the Nvidia GTC 2025 at SAP Center on March 18, 2025 in San Jose, California. Justin Sullivan | Getty Images News | Getty ImagesNvidia CEO Jensen Huang downplayed the negative impact from President Donald Trump’s tariffs, saying there won’t be any significant damage in the short run.”We’ve got a lot of AI to build. AI is the foundation, the operating system of every industry going forward. … We are enthusiastic about building in America,” Huang said Wednesday in a CNBC “Squawk on the Street” interview. “Partners are working with us to bring…
Boeing workers are pictured exiting a gate below an image of a Boeing 737-800 aircraft as Boeing’s 737 factory teams hold the first day of a “Quality Stand Down” for the 737 program in Renton, Washington on January 25, 2024. Jason Redmond | AFP | Getty ImagesBoeing’s cash burn is easing this quarter and its factories are improving, the aerospace giant’s finance chief said Wednesday, as the company works to turn a corner on several manufacturing and safety crises.Boeing shares jumped 6% in morning trading after CFO Brian West’s upbeat comments.”We think we’re off to a good start for the year,”…
The NCAA Tournament’s 32-game feast across Thursday and Friday is one of the most highly anticipated TV stretches of the sports year. You should watch as many games as you can, but if you need to prioritize, here are the “can’t-miss” ones to watch, informed by full-bracket predictions from The Athletic’s Brendan Marks, C.J. Moore and Lindsay Schnell. — Dan ShanoffTHURSDAYThe best game(7) Missouri at (10) Drake7:35 p.m. ET, truTVInexplicably, the best game of the first round is shunted to truTV, which is known mostly for the perennial March query: “How do I find truTV?”Missouri made it through the gauntlet…
President Volodymyr Zelensky of Ukraine said that he expected to speak with President Trump later on Wednesday to “discuss the details of the next steps” after the American leader’s call with President Vladimir V. Putin of Russia.The Kremlin said that in a call with President Trump on Tuesday, Mr. Putin had agreed to a limited cease-fire that would halt attacks on Ukrainian energy infrastructure. The proposal fell short of a 30-day unconditional truce that Kyiv had agreed to at Washington’s urging.On Wednesday, Mr. Zelensky appeared open to the latest offer of a limited cease-fire, but said he thought that such…
The headquarters of the Department of Education on March 12, 2025 in Washington, DC.Win McNamee | Getty ImagesThe American Federation of Teachers is suing the U.S. Department of Education for shutting down access to affordable repayment plans for millions of student loan borrowers.The AFT, one of the country’s biggest labor unions, filed the lawsuit on Tuesday over the Trump administration’s decision to take down the applications for income-driven repayment plans.”By effectively freezing the nation’s student loan system, the new administration seems intent on making life harder for working people, including for millions of borrowers who have taken on student debt so…
Officials work at the site of destruction and fire after the Russian attack in Sumy, Ukraine on March 19, 2025. State Emergency Service of Ukraine | Anadolu | Getty ImagesUkrainian President Volodymyr Zelenskyy on Wednesday said he would hold talks with White House leader Donald Trump, as Moscow and Kyiv reported overnight attacks hours after the Kremlin agreed to a Washington-brokered partial ceasefire. “Today I will have contact with President Trump. We will discuss the details of the next steps with him. We really had a good meeting of our teams in Jeddah. I think everything went well, if not for…
Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon MuskManuel Orbegozo | Chip Somodevilla | ReutersAfter news broke on the last day of January that Meta might follow Elon Musk’s lead in exiting Delaware to incorporate in another state, Democratic Gov. Matt Meyer sprung into action.Delaware has long been the dominant state for U.S. companies to incorporate due to its flexible corporate code and expert judiciary. More than 20% of the state’s tax revenue, amounting to more than $1 billion a year, has historically come from corporate franchise fees, so state lawmakers can ill afford to preside over a…