Heated airers claim to dry your clothes without costing the earth in energy. We put 17 to the test to reveal the best, from covered options to mini drying racks • The best electric heaters, tried and tested Rising energy bills and perma-drizzle are conspiring to keep the nation’s laundry damp, not least by making it such a turn-off to turn on the heating . No wonder heated clothes airers are havin...
Heated airers claim to dry your clothes without costing the earth in energy. We put 17 to the test to reveal the best, from covered options to mini drying racks • The best electric heaters, tried and tested Rising energy bills and perma-drizzle are conspiring to keep the nation’s laundry damp, not least by making it such a turn-off to turn on the heating . No wonder heated clothes airers are having a moment. These modish appliances sell out within hours of reaching shops and inspire evangelistic fervour among owners, who call them “life-savers” and “gamechangers”. Can a hot clothes horse really change your life, let alone dry your soggy washing as fast as a tumble dryer for a fraction of the cost and with none of the noise? Over the past 18 months, I’ve put 17 bestsellers through their paces – including three new models in the past few months – to find out whether they’re the best thing in laundry since the clothes peg, or destined for the loft. Best heated clothes airer overall: Lakeland Dry:Soon Deluxe 3-tier heated airer and cover Best budget heated airer: Black+Decker heated winged clothes airer Continue reading...
Bank of Israel Governor Amir Yaron says that Trump’s planned Board of Peace could “unlock levers for further regional arrangements” and spur growth in Gaza, Israel and in the entire region. He also said central bank independence is a pillar for price stability. Yaron spoke to Bloomberg's Lisa Abramowicz on the sidelines of the 2026 World Economic Forum in Davos, Switzerland. (Source: Bloomberg)
Bank of Israel Governor Amir Yaron says that Trump’s planned Board of Peace could “unlock levers for further regional arrangements” and spur growth in Gaza, Israel and in the entire region. He also said central bank independence is a pillar for price stability. Yaron spoke to Bloomberg's Lisa Abramowicz on the sidelines of the 2026 World Economic Forum in Davos, Switzerland. (Source: Bloomberg)
The US is threatening an economic war, at minimum, to gain control of Greenland. Japan’s political uncertainty has roiled global bond markets. And the Federal Reserve ’s independence remains under threat from the Trump administration. That’s not exactly a setup that screams buy risk assets, especially with bulls handily outnumbering bears and US stocks trading at lofty valuations. Equities sank th...
The US is threatening an economic war, at minimum, to gain control of Greenland. Japan’s political uncertainty has roiled global bond markets. And the Federal Reserve ’s independence remains under threat from the Trump administration. That’s not exactly a setup that screams buy risk assets, especially with bulls handily outnumbering bears and US stocks trading at lofty valuations. Equities sank the most since October Tuesday, but for all the turmoil rattling markets, the foundation for more gains looks solid, Wall Street strategists say. Their reasoning generally rests on the idea that risk assets have long looked past prior bouts of geopolitical unrest, except when the disorder causes oil prices to spike. While crude climbed Tuesday, both Brent and West Texas Intermediate trade well below long-run averages. “Many investors worry it could rattle equity markets. We are less convinced,” Alastair Pinder , head emerging markets and equity strategist for HSBC Holdings Plc , wrote in a Jan. 20 note. The 36 major geopolitical events since 1940 saw US stocks rise 60% of the time in the three months that followed, he said. “The main exception comes when geopolitics drives oil prices sharply higher.” There are other reasons that buttress a bullish view. The main pillar comes from corporate profits, which are projected to grow by roughly 9% in the fourth quarter and then by double-digit percentages for each of 2026’s periods. The artificial intelligence trade is still delivering riches to enough index heavyweights, while investors are warming to a broader swath of companies in sectors from health care to resources to consumer goods. Last week ended with roughly 70% of S&P 500 Index stocks above their 200-day moving averages and the Russell 2000 Index and equal weighted version of the S&P at fresh record highs. That’s “simply not the backdrop we’d expect to see ahead of a major top,” according to Chris Verrone , head of technical and macro strategy at Strategas Asset Management...
The US Supreme Court so far has helped shield the Federal Reserve from President Donald Trump ’s efforts to seize control. An argument Wednesday will test just how committed the court is to the Fed’s independence. The justices will weigh whether to let Trump fire Fed Governor Lisa Cook over mortgage-fraud allegations that she denies. The session will coincide with a Justice Department criminal inv...
The US Supreme Court so far has helped shield the Federal Reserve from President Donald Trump ’s efforts to seize control. An argument Wednesday will test just how committed the court is to the Fed’s independence. The justices will weigh whether to let Trump fire Fed Governor Lisa Cook over mortgage-fraud allegations that she denies. The session will coincide with a Justice Department criminal investigation into Fed Chair Jerome Powell , a probe that has sparked bipartisan backlash. The Cook case formally concerns whether Trump can oust her temporarily while her challenge continues. But the legal issues promise to have a broader effect, potentially opening a path for Trump to remove Powell and other governors who haven’t voted to lower interest rates as quickly as the president has demanded. Powell, a lawyer by training, is planning on attending the argument. “This is a case that’s about much more than Cook,” said Lev Menand , a Columbia University law professor who studies the Fed and filed a brief opposing the firing. “It’s about whether President Trump will be able to take over the Federal Reserve Board in the coming months.” The stakes for the US and world economies are massive, as underscored by a bipartisan group of former Treasury secretaries, Federal Reserve chairs and other experts. They filed a brief saying a decision for Trump would undermine public confidence in the Fed and jeopardize its ability to effectively set monetary policy. Central banks that can set interest rates free from political influence, as is the case in most developed economies, achieve lower inflation and better economic outcomes in the long term, research has shown. Trump’s threats to remove Fed officials, and his near constant pressure on the central bank to lower interest rates aggressively, have increased concern that the Fed’s independence is at risk of eroding. Read More: Can Trump Fire Lisa Cook? What the Supreme Court Will Consider Trump Allegations Trump says it’s Cook who is ...
Exchange-traded funds (ETFs) are some of the most passive investments you can make. They can provide you with an instantly diversified portfolio of stocks. As a result, they can be excellent ways to generate passive income. Here are three top dividend-focused ETFs to buy for passive income. Image source: Getty Images. Continue reading
Exchange-traded funds (ETFs) are some of the most passive investments you can make. They can provide you with an instantly diversified portfolio of stocks. As a result, they can be excellent ways to generate passive income. Here are three top dividend-focused ETFs to buy for passive income. Image source: Getty Images. Continue reading
A Hong Kong judge has said his decision to order the winding-up of bakery chain Taipan’s parent company is due to there being “no reliable evidence” that the business can settle its outstanding rent of more than HK$2 million (US$256,500). In a written judgment released on Tuesday, Deputy Judge Gary Lam Chin-ching of the High Court said Vast Luck Company Limited had twice failed to pay its debts, r...
A Hong Kong judge has said his decision to order the winding-up of bakery chain Taipan’s parent company is due to there being “no reliable evidence” that the business can settle its outstanding rent of more than HK$2 million (US$256,500). In a written judgment released on Tuesday, Deputy Judge Gary Lam Chin-ching of the High Court said Vast Luck Company Limited had twice failed to pay its debts, resulting in a breach of what the business earlier stated in court. The winding-up order was handed...