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An anonymous reader shares a report: When Nigel Morris tells you he's worried about the economy, you listen. As industry observers know, Morris co-founded Capital One and pioneered lending to subprime borrowers, building an empire on understanding exactly how much financial stress the average American can handle. Now, as an early investor in Klarna and other buy-now-pay-later companies like Aplazo in Mexico, he's watching something that makes him deeply uncomfortable. "To see that people are using [BNPL services] to buy something as basic and fundamental as groceries," Morris told me on stage at Web Summit in Lisbon this week, "I think is a pretty clear indication that a lot of people are struggling." The statistics back up his unease. Buy-now-pay-later services have exploded to 91.5 million users in the United States, according to the financial services firm Empower, with 25% using the services to finance their groceries as of earlier this year, according to survey data released in late October by lending marketplace Lending Tree. These aren't discretionary purchases -- the designer bags and latest Apple headphones that BNPL was marketed for originally. Borrowers aren't paying it all back, either. According to Lending Tree, default rates are accelerating: 42% of BNPL users made at least one late payment in 2025, up from 39% in 2024 and 34% in 2023.

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Jonte William Bluck, aged nine months, suffered massive head injuries when he was killed by an XL Bully dog while staying with his father for the weekend, an inquest heard today.

Lil Nas X was all smiles as he made a brief appearance in a Los Angeles courthouse months after he was arrested for allegedly assaulting cops while only wearing his underware.

Just two days before The Wanted singer, 36, was due to go on tour with Siva Kaneswaran, Max had to have a MRI scan on his heart.

Elizabeth Olsen commanded attention in a statement spotted dress as she posed at the UK premiere of her new film Eternity on Monday night.

An anonymous reader shares a report: Harvard is ramping up its holdings in cryptocurrency. The nation's oldest university reported a $443 million investment in BlackRock's iShares Bitcoin Trust in the third quarter. The school now holds 6.8 million shares of the exchange-traded fund, up from 1.9 million in the second quarter. The digital currency amounts to a little less than 1% of the school's $57 billion endowment. Other schools are bullish on crypto as well. Brown University reported holding $13 million of the BlackRock bitcoin ETF in the second quarter and Emory University reported holding $20 million of Grayscale's Bitcoin Mini Trust ETF as of March.

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The singer, dubbed the Queen of Tejano music, was gunned down aged just 23 by the deranged president of her fan club, Yolanda Saldivar on March 31, 1995 - in a crime that shocked the world.

George W Bush made preparations to launch nuclear weapons after the deadly 9/11 terror attacks, a former British defence chief has revealed. 

Kyle Mehmet (pictured), 40, has claimed he took part in the robbery at 247 Kettles in Kew Road, Richmond, on May 25 last year because he owed gangsters £190,000.

The TV presenter, 40, showed off her slender physique during a winter break in Antigua as she explored the island in a black, figure-hugging, one-piece.

Piers Morgan has broken his silence on Kelly Brook's feud with Ant and Dec amid her appearance on their show, I'm A Celebrity on Sunday night. 

Kelsey Grammer's daughter Greer is firing back at claims she's a nepo baby, revealing she spent most of her childhood estranged from him.  

Abstract of a paper on NBER: This paper documents video consumption among school-aged children in the U.S. and explores its impact on human capital development. Video watching is common across all segments of society, yet surprisingly little is known about its developmental consequences. With a bunching identification strategy, we find that an additional hour of daily video consumption has a negative impact on children's noncognitive skills, with harmful effects on both internalizing behaviors (e.g., depression) and externalizing behaviors (e.g., social difficulties). We find a positive effect on math skills, though the effect on an aggregate measure of cognitive skills is smaller and not statistically significant. These findings are robust and largely stable across most demographics and different ways of measuring skills and video watching. We find evidence that for Hispanic children, video watching has positive effects on both cognitive and noncognitive skills -- potentially reflecting its role in supporting cultural assimilation. Interestingly, the marginal effects of video watching remain relatively stable regardless of how much time children spend on the activity, with similar incremental impacts observed among those who watch very little and those who watch for many hours.

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Scientists have uncovered the earliest chemical evidence of life on Earth in a discovery that could revolutionise our understanding of how ancient molecules evolved.

The electro-pop pioneer struggled to continue after telling fans at the city's O2 Academy he had received 'the worst news' earlier in the day.

Claims he reported the attack in January after fraudsters tried to scam him

A security researcher says Coinbase knew about a December 2024 security breach during which miscreants bribed its support staff into handing over almost 70,000 customers' details at least four months before it disclosed the data theft.…

Thomas Crooks, who shot Trump at a rally in Butler, Pennsylvania, at the height of the presidential campaign in 2024, went by the alias 'epicmicrowave'.

Proposals set out by Shabana Mahmood this afternoon stress that the government wants to limit the scope for failed applicants to appeal.

The Skinnygirl Margarita founder and original Real Housewife of New York, 54, got to know Meghan's film producer former partner at around the time her relationship with Harry became public in 2016.

Archaeologists have uncovered a stunning 1,500-year-old Christian floor mosaic that features long-lost imagery of the Bible.