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Trump demands Fed listen to him as he lines up new leader: ‘I’m a smart voice’
Donald Trump declared he “should be listened to” by the Federal Reserve, as he weighs candidates to lead the central bank amid an extraordinary campaign by the White House to exert greater control over its decisions.The US president said on Friday that former Fed governor Kevin Warsh is currently top of his list to chair the central bank.Jerome Powell, the current Fed chairperson, is scheduled to finish an eight-year stint in the role next May. He has repeatedly defied Trump’s demands for drastic cuts to interest rates, prompting the president to launch a string of public attacks.Trump is also considering his adviser Kevin Hassett, who leads the National Economic Council, as a potential chair of the Fed

‘Every Leon should be magical’: food chain’s co-founder on what went wrong – and how to fix it
John Vincent on bouncing back after cutting branches, refreshing the menu, and staff learning from martial arts John Vincent is going back to the future. Four years after selling Leon, the fast food chain named after his father and founded in 2004 with two friends, he has bought it back with hopes of reviving its fortunes.“In a crisis you need a pilot in full control,” the martial arts fan says, speaking to the Guardian from Leon’s headquarters near London Bridge.He is getting his metaphorical trainers on to “outrun the lion” as he ploughs his efforts and his own money into reviving the troubled chain.The former management consultant bought back Leon for a rumoured £30m-£50m – significantly less than the £100m he sold it for – from the supermarket chain Asda in October, 21 years after the first restaurant opened in Camden

Crypto mogul Do Kwon sentenced to 15 years in prison for fraud
Do Kwon, the entrepreneur behind two cryptocurrencies that lost $40bn (£29.8bn) three years ago and caused the sector to crash, has been sentenced to 15 years in prison for fraud.The South Korean, 34, had pleaded guilty to two counts of US charges of conspiracy to defraud and wire fraud.Kwon, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, was sentenced at a hearing in New York.The US district judge Paul Engelmayer called his crimes “a fraud of epic generational scale”

Elon Musk teams with El Salvador to bring Grok chatbot to public schools
Elon Musk is partnering with the government of El Salvador to bring his artificial intelligence company’s chatbot, Grok, to more than 1 million students across the country, according to a Thursday announcement by xAI. Over the next two years, the plan is to “deploy” the chatbot to more than 5,000 public schools in an “AI-powered education program”.xAI’s Grok is more known for referring to itself as “MechaHitler” and espousing far-right conspiracy theories than it is for public education. Over the past year, the chatbot has spewed various antisemitic content, decried “white genocide” and claimed Donald Trump won the 2020 election.Nayib Bukele, El Salvador’s president, is now entrusting the chatbot to create curricula in classrooms across the country

Lindsey Vonn second at St Moritz a day after historic World Cup win
At 41, Lindsey Vonn is no longer defying expectations so much as resetting them. One day after becoming the oldest woman to win a World Cup race, the American came within a quarter-second of doing it again, finishing second in Saturday’s downhill at St Moritz behind Germany’s Emma Aicher.Less than 24 hours after rewriting the World Cup age record, Vonn briefly looked on course for another victory as she surged ahead of Italy’s Sofia Goggia on the sunlit Corviglia course. But Aicher, skiing immediately after her, attacked the increasingly rutted track and edged Vonn by 0.24 seconds to deny her a rare opening-weekend double

England caught up in Ashes media fallout over security guard’s row with TV crew
England’s embattled tour of Australia suffered a public relations setback on Saturday as the result of a testy altercation between a member of security staff and a local camera operator at Brisbane airport.In footage released by Channel Seven, England’s minder Colin Rhooms is heard repeatedly telling the camera operator Nick Carrigan to “get out of my face, mate” and eventually pushing him back as he attempted to film players in transit.The team were en route to Adelaide for the third Ashes Test that starts on Wednesday, with Channel Seven, the host broadcaster, later defending its crew’s conduct and suggesting the matter could be taken further.“While conducting routine filming in a public space, the camera operator was physically confronted despite acting respectfully and professionally,’’ a spokesperson told Code Sports. “The safety and wellbeing of our staff is paramount

December cut to UK interest rates ‘nailed on’ after economy shrinks unexpectedly by 0.1% in October – as it happened

Damn dalmatian! Fury erupts after David Jones cancels Christmas window display to promote joy of … its loyalty program

EU’s 2035 petrol and diesel car ban will be watered down, says senior MEP

Card Factory issues shock profit warning during peak Christmas period

Nationwide fined £44m by watchdog for financial crime control failings

UK economy shrank unexpectedly before budget, data shows