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Tours and Hobbits! The strangest flyer rewards

With some airlines, redeemed travel perks run the gamut from interesting to downright strange.

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Druckenmiller: This could end ‘very badly’

Stan Druckenmiller has a new, grim warning that easy money policies could lead to big problems.

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Starbucks college plan like ‘teaching man to fish’

Starbucks’ decision to pay for a four-year degree is better than an pay hike, one economist says.

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Capital One cuts cashback deals

Cashback credit cards provider Capital One is cutting the rewards it offers on its products, blaming a European Parliament ruling to cap “interchange fees”.

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Racing industry bets on reform to keep bigger share of profit

Saturday is expected to be the most lucrative day in the UK horseracing calendar, with £200m likely to be staked on the Grand National.

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Poll: Fed will pin down Asia EM FX

Emerging Asian currencies are likely to weaken against the dollar on expectations the Federal Reserve will start hiking rates, says a Reuters poll.

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China premier: economy faces downward pressure

China’s economy faces increased downward pressure, the premier said, as the country prepares to announce first-quarter economic growth.

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China’s knock-off Apple Watch fans

Knock-off versions of Apple’s smartwatch are on sale at many of Shenzhen’s giant tech malls.

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Obama and Castro shake hands

Barack Obama and Raul Castro shook hands at a summit in Panama, as the pair seek to restore ties between the Cold War foes.

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Iran must be forced to change its ways: Kudlow

Tougher sanctions are needed on Iran to make it change its terrorist ways, says Larry Kudlow.