McDonald’s shares dropped in after-hours trading due to an e.coli outbreak linked to their burgers, resulting in one death and 49 illnesses across 10 US states. In Asian markets, shares were mixed as traders weighed the possibility of reduced Fed interest rate cuts, with China’s stock rally drawing attention. US Treasury yields rose amid uncertainty surrounding the US election and interest rate cut outlook.
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‘Kardashian of Cheshire’ conned friends out of £200,000 in Hermes handbag scam
Jack Watkin, 26, dubbed the ‘Kardashian of Cheshire,’ has pleaded guilty to six counts of fraud, conning friends and family, including his father, out of £200,000 under the pretense of investing in Hermes handbags for profit, which never materialized. Instead, he spent the money on a lavish lifestyle, including over £100,000 at luxury hotels, and now faces a prison sentence. Need More Context? 🔎
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