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Scottish Sun
3 days ago
- Entertainment
- Scottish Sun
Nepo baby with Hollywood star dad and TV icon mum graduates from uni – but can you guess his famous parents?
CLEVER KID Nepo baby with Hollywood star dad and TV icon mum graduates from uni – but can you guess his famous parents? Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) THIS nepo-baby with A-lister parents celebrated his graduation from Browns University - but who are his Hollywood parents? This 22-year-old celebrated the big achievement with his family on Tuesday. Sign up for the Entertainment newsletter Sign up 7 This nepo-baby (right) celebrated his graduation with his twin sisters 7 The actor wore a navy suit and a ceremonial robe for the day He earned himself a degree in a classics major, but has also followed in his parents' footsteps as an actor. The graduate shared a photo of him in a navy suit with a spotted tie and a ceremonial robe over it. But have you worked out who his very parents are yet? It's none other than James Wilkie Broderick - the son of Sex and the City star Sarah Jessica Parker, 60, and Ferris Bueller's Day Off star Matthew Broderick, 63. 7 His famous parents are Matthew Broderick and Sarah Jessica Parker Credit: Getty 7 James has paved out his own acting career in the industry Credit: AFP James posted a snap of him walking alongside his 15-year-old twin sisters Loretta and Tabitha as he headed into the ceremony. He has previously worked as a full-time sales associate in 2023 to 2024 at NYC boutique Reiss. In 2020 he also a server at Main Street Tavern in Amagansett, NY. The superstar couple have previously said that they want their kids to find their own feet when it comes to their career and finances. "You want for them to be pursuing things that are exciting and challenging and hard and gratifying,' Sarah said on E! News this week. Sarah Jessica Parker, 59, fans say star 'hasn't aged a day' as she films And Just Like That in sheer dress "And [we want them] to be able to ultimately take care of themselves, support themselves - emotionally, financially - and that they can be in the world and be a reliable person to themselves and to other people. "And so we talk about work like that." Sarah said she's "curious to see what they all do" but wants them to know that there is right way of doing things. James has starred in films Days Ending in Y, Elsbeth (2024) and Lady in the Lake (2024). In an Instagram post on September 9, 2021, Parker said she couldn't believe how time has flown and that her eldest was heading off to college. 'In the span of 7 days one crosses the threshold into his freshman year of college the other 2 into 7th grade. 'The house is different. We are different. They need us more. And far less. So many know. 'Gutted at the time passed. Passing. Exhilarated by the possibilities that await them. 'The love. The love. The love.' Jessica and Matthew welcomed their two daughters, Tabitha and Marion, on June 22, 2009, via a surrogate. She said she and her husband tried to have another child for years, but they had difficulty conceiving. Surrogacy was the easiest and most realistic route for them to take, she said. When they found out they were having twins, Parker said, 'We didn't expect it." "I think after a certain amount of time, you tend to hold your hopes at bay a bit so as not to be disappointed." 'One really would have been thrilling and we would've felt incredibly lucky. And two was a comedy.' 7 Matthew is best known for his 1986 hit Ferris Bueller's Day Off Credit: �1986 Paramount Pictures Corporation 7 James with his twin sisters Marion (left) and Tabitha (right) Credit: Getty
UPI
22-05-2025
- Entertainment
- UPI
Stephanie Hsu, Annie Murphy among Tribeca Festival jurors
May 22 (UPI) -- Joyride actress Stephanie Hsu, Schitt's Creek star Annie Murphy, The Nickel Boys author Colson Whitehead and Ferris Bueller's Day Off actor Matthew Broderick are among the jurors who will name the winners of the Tribeca Festival in New York City. "We're proud to welcome an eclectic group of jurors to this year's Tribeca Festival. Their breadth of expertise across genres will be instrumental in recognizing standout storytellers and honoring bold new voices around the world," said Tribeca Enterprises executive Nancy Lefkowitz in a statement. The festival, which runs June 4 to the 15, honors storytelling mastery across 15 categories. Jurors also include Jennifer Beals, Nia DaCosta, Ilana Glazer, Art Linson, Kyle MacLachlan, Mira Sorvino, Marianne-Jean Baptiste, Sheila Nevins and Alek Karpovsky. Winners will be announced during the June 12 ceremony.
Yahoo
06-05-2025
- Business
- Yahoo
Tariffs Force Bank of England to Consider Faster Pace of Cuts
(Bloomberg) -- The Battle Over the Fate of Detroit's Renaissance Center NYC Real Estate Industry Asks Judge to Block New Broker Fee Law NJ Transit Strike Would Be 'Disaster' for Region, Sherrill Says Iceland Plans for a More Volcanic Future Vail to Borrow Muni Debt to Ease Ski Resort Town Housing Crunch The Bank of England is set to cut interest rates by a quarter point this week and may even pave the way for a series of back-to-back reductions for the first time since 2009 as it responds to America's global trade war. Most economists believe Britain's central bank will switch to a dovish stance after judging that US President Donald Trump's tariffs — and uncertainty about his future plans — will weigh on growth and temper inflation. At Thursday's meeting, a quarter point rate cut to 4.25% is 'almost certain,' said EY Item Club adviser Matt Swannell. All 32 economists surveyed by Bloomberg agree, and all but three of them believe the Monetary Policy Committee will vote unanimously to lower borrowing costs. It would be the fourth rate reduction from last year's peak of 5.25%, and the second this year. Others believe an even more dovish twist may be on the cards. The MPC could tee up another quarter point reduction for June, said Barclays' Chief UK Economist Jack Meaning. Aside from the two emergency rate cuts in March 2020 at the start of the pandemic, it would be the first time borrowing costs are lowered at successive meetings since early 2009 in the financial crisis. On Thursday, markets briefly priced four more quarter-point reductions over the remaining six meetings this year — the first time in seven months that rates have been seen to fall to 3.5%. After the last MPC decision on March 20, markets expected just two quarter point cuts to 4% in 2025. The world has been turned on its head since the March vote, when the Bank held rates and cited uncertainty. At that point, Trump had placed 25% tariffs on steel and aluminum imports and 20% duties on China. Worldwide reciprocal tariffs were just a threat. Now, 10% tariffs apply to all countries, with cars joining steel and aluminum on 25% and Chinese products effectively embargoed at 145%. Beijing has struck back with 125% levies of its own. 'Life moves pretty fast,' US Federal Reserve Chair Jerome Powell told the Economic Club of Chicago just over two weeks ago. For the BOE, the quote from the classic 1986 movie Ferris Bueller's Day Off is equally apt. Domestically, things have changed, too. Wage growth has been softer than projected at the bank's last full forecast round in February. Sterling has strengthened as investors dumped the dollar in protest at Washington's chaotic trade policy, pushing down import costs, and energy prices have fallen. Looking ahead, trade diversion of Chinese goods to the UK from the US would on balance be 'disinflationary,' according to MPC member Megan Greene. At its last forecast in February, the BOE saw inflation peaking at 3.7% this year. Bloomberg Economics now reckons the peak will be 3.3%. And, while economic growth has been stronger than the BOE forecast in February, Governor Andrew Bailey warned last month that a global trade war will hit open economies like the UK particularly hard. The overwhelming majority of economists surveyed by Bloomberg now expect the BOE will downgrade growth for next year in its forecasts accompanying Thursday's rate decision. 'The rise in US tariffs and heightened trade policy uncertainty are mainly an adverse demand shock, which will reduce growth and inflation,' former BOE ratesetter Michael Saunders, now senior adviser at Oxford Economics, wrote on April 29. That makes next week's decision easier for the MPC than the Fed, where 'tariffs are an adverse supply shock, which reduces growth and lifts inflation' and policymakers will need to balance the trade-off. Saunders believes the BOE will take a 'least regrets' approach by 'bringing forward the easing that was previously envisaged.' Barclays' Meaning, a former BOE economist, also thinks there is a strong chance the Bank will cut faster. 'I think they will almost definitely say the balance of risks has shifted, so there is a good chance they will tweak the guidance to tee up sequential rate cuts,' he said. 'This will open the door to a June cut without explicitly referencing it, to retain optionality.' Gradual and careful To confirm the new easing bias, a change to the BOE's guidance of 'gradual and careful' cuts is possible, with both Saunders and Meaning saying 'gradual' could be dropped. The vote split may also be a signaling mechanism. All nine committee members are expected to vote for a cut on Thursday, the second this year, but Bloomberg Economics chief UK economist Dan Hanson is one of several who believe external MPC member Swati Dhingra may dissent by calling for a larger half point reduction. Deputy Governor Dave Ramsden and external member Alan Taylor may join her, Nomura economist George Buckley said, reinforcing the dovish shift. 'We could see more dissenters voting for a 50 basis point cut, which would increase the likelihood of a follow-up 25 point cut in June,' he added. Trump's trade wars have complicated the BOE's task by making the macroeconomic backdrop so unstable. To deal with the uncertainty and help communication, the Bank is likely to make greater use of scenarios in the new forecasts published alongside the rate decision. Meaning said the BOE might replace its three 'cases,' which reflect different paths for inflation, with three tariff scenarios, each with more complete forecasts. He said that, alongside a central scenario, it would be useful to have one incorporating trade retaliation and one in which the White House retreats. 'Markets and MPC members could then put probability weights on the three scenarios,' he said. One former policy maker, Jonathan Haskel, an external member of the MPC between 2018 and 2024, urged the BOE to be cautious, telling the Times on Monday it was hard to see the US and China reaching a deal to substantially lower tariffs. Trump's fingerprints will be all over the Bank's new economic outlook, either way. Hanson expects the BOE to upgrade growth in 2025 a touch to 0.8% from 0.7% in its February outlook, due to the stronger start to the year than expected, but follow that with a downgrade to 1% from 1.5% for 2026, when 'the impact of tariffs will be most evident.' The forecasts for inflation and lower market borrowing costs will imply that the BOE should cut rates to at least 3.75% by the end of the year, he added. Fed chair Powell's decision to quote Ferris Bueller may have been a subtle critique of Trump. In one scene, the economics teacher tells his class that the Smoot-Hawley tariffs of the 1930s backfired. The day after Powell's reference, Trump mused about firing him. US Border Towns Are Being Ravaged by Canada's Furious Boycott Made-in-USA Wheelbarrows Promoted by Trump Are Now Made in China Inside the Dizzying Chaos of Running a Freight Business Under Trump 100 Moments You Might Have Missed From Trump's First 100 Days How an Israeli Hostage Negotiator Outsmarts Ransomware Hackers ©2025 Bloomberg L.P. Sign in to access your portfolio
Mint
22-04-2025
- Business
- Mint
Trump tariffs: Central banks can't afford to wait and watch forever
It's discomforting to see the men and women who have saved the global economy numerous times be so flummoxed by the ongoing trade war. Even if they were less than fully convinced about what would ultimately be required, they tend to act decisively. Officials are feeling their way through the tariff drama, just like the rest of us. This type of caution does, though, come with term limits. The Bank of Korea reached the defensible conclusion last Thursday that it's better to hold fire while talks over the huge levies Donald Trump imposed on trading partners play out. As a major exporter and firm US ally, South Korea had reason to hedge when it kept interest rates unchanged. It's impossible to know what the White House will accept—or even if it will stand by any accords reached during the 90-day period when the most punitive duties are suspended. 'Highly unpredictable," was how the Bank of Canada chief put it charitably a few hours earlier. US Federal Reserve Chair Jerome Powell, often in Trump's bad books, sees potential risks to both price stability and employment. At some point, he may have to lean more toward one of those two mandates. Powell made light of the troubling times last Wednesday by referring to a line from the 1986 movie Ferris Bueller's Day Off : Life moves pretty fast. A day later, Trump mused about firing Powell. The collective sense of 'we don't know' will give way to either hiking or easing. In Asia, the bias appears to favour the latter. Bank of Japan (BoJ) Governor Kazuo Ueda demurs on a direct answer when questioned whether the rate increases the BoJ has embarked on can continue. But there is a distinctly dovish tone to his hesitancy. Of course, the bank is ready to lift rates again—from a very low level—if the reasonably positive outlook stays intact. 'We will make an appropriate decision depending on the changing situation," he told the Sankei newspaper. If the tariffs do go into effect, Japanese growth is expected to take a decent hit; exports were already slowing in March. The more likely scenario is one similar to that flagged by Nomura Holdings, which pushed back forecasts for the next BoJ increase from July to early next year. The firm now sees just one move through March 2027, down from two. There's little doubt which way the Bank of Korea will jump. The bank's statement showed an undeniable preference for resuming the rate reductions it began last year. All six members of the policy committee indicated they were open to a cut in the coming three months; one opted for a slice on Monday. There's a chance South Korea's GDP shrank in the first quarter, according to Governor Rhee Chang-yong. Inflation is under control. One local wrinkle: Confidence among businesses and consumers took a hit from the short-lived imposition of martial law in December, a mistake for which the-then president was impeached and removed from office. Rhee, for all intents and purposes, pre-announced a cut in May. The Reserve Bank of Australia (RBA) is lying low ahead of an election on 3 May. When the RBA cut rates in February, Governor Michele Bullock went out of her way to discourage speculation there would be more. Trump has both changed the calculus and amplified the risks around going it slow, and more economists predict a reduction in May, perhaps even as much as half a percentage point. The European Central Bank is projected to relax borrowing costs multiple times before year-end. Yes, 'Liberation Day' was a shock to the global economy. Outside the US, bets are that it will harm growth and might constrain inflation. All those Chinese goods that may be prevented from finding buyers in America will have to go somewhere else. Perhaps the scene most relevant today in Ferris Bueller's Day Off , the John Hughes film whose hero—played by Matthew Broderick—is a truant, comes in economics class. The teacher tells the languid students that the 1930 Smoot-Hawley Act, which erected a protectionist wall around the US, was a deeply flawed piece of legislation. He struggles to get a reaction from them. 'Anyone? Anyone," the instructor asks in an effort to get attention. The Trump administration could learn something from watching this. As an aside, the film's teacher is played by Ben Stein, whose father was a member of Richard Nixon's Council of Economic Advisers when the former president quit the Bretton Woods system of fixed exchange rates, a ruction for the ages. We'll be counting the cost of Trump's salvo against the trading system for some time. Monetary policy in Asia seems headed in one direction, sooner rather than later. ©Bloomberg The author is a Bloomberg Opinion columnist covering Asian economies.
Yahoo
14-04-2025
- Entertainment
- Yahoo
'The Breakfast Club' Cast Reunites for 40th Anniversary—See What They Look Like Now
The Breakfast Club is back together again. The entire main cast of the beloved 1980s coming-of-age movie reunited for the first time in 40 years at the Chicago Comic and Entertainment Expo on Saturday, April 12. , who played Claire, explained she felt 'really emotional and moved' to have all five leading actors in the room together, noting during the panel that it was 'the first time that Emilio (Estèvez) has joined us.' 'We don't have to use the cardboard cut-out anymore,' she joked. Estèvez, who starred as Andrew, explained the reunion was 'something that finally I felt I needed to do, just for myself.' It was even more special that the reunion was in Chicago, as the movie was filmed in the Chicago suburb of Des Plaines at the former Maine North High School. While answering fan questions, the cast members were asked to reveal what they think happened to their characters, with everyone having different takes. Judd Nelson suggested that his rebellious character John Bender probably became 'principal of the school,' while Ally Sheedy said she could see her character Allison becoming a writer or professor. Related: Ringwald thinks 'Claire probably got married a few times,' even suggesting 'Maybe decided she liked women. You know, her kids are grown up, she's like, 'Okay I'll try that.' It didn't work out so well with the guys.' Anthony Michael Hall, who played Brian Johnson, revealed that a revival or sequel film was 'thought about' in the past, the cast confirmed they would not be doing one out of respect for the film's late director John Hughes, known for other iconic teen films like Sixteen Candles and Ferris Bueller's Day Off. Ringwald also reflected on the experience of re-watching the movie, which she filmed when she was just 16, with her now-grown kids, stating it would have changed "the way that I parent' but admitting that it 'opened up' conversations. 'And then I watched the movie recently with my 15-year-olds, little more age appropriate, and I have to say that they didn't pick up their phones once, which to me… that was a win,' Ringwald added. The film, released Feb. 15, 1985, finds five high school students stuck together in Saturday detention realizing that they have a lot more in common than they ever could've imagined. Next: 'Coyote Ugly' Cast Reunites for 25th Anniversary Celebration—See What They Look Like Now
