Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts
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Topics
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Surprise fall in inflation boosts interest rate cut hopes
Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.BBC News - 12h -
Air Traffic Growth Forecasts Clash With Climate Goals, Study Says
Airline passenger counts will more than double within 25 years, and more flights will mean more global carbon emissions, an advocacy group warned at a major industry conference.Inc. - 2d -
What's the CD interest rate forecast for 2025?
Planning to open a CD account? It may help to know where experts say CD rates could head this year.CBS News - 2d -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - 5d -
Global 2025 Growth Forecast at Modest 2.8 Percent
An annual United Nations report said the economic year ahead will feature stable, but subpar expansion.Inc. - 5d -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - 6d -
How Trump’s Mass Deportation Plans Could Reverse GDP Growth
Estimates of the effects of the president-elect’s plan to expel millions of undocumented workers are colored by politics, but detailed studies warn of major labor disruption, spiking business ...Inc. - Jan. 7 -
Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances
Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global market growth this year.CNBC - Jan. 7 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2
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TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell
Business moguls should be prepared to spend tens of billions of dollars for TikTok's U.S. operations should parent company ByteDance decide to sell.CNBC - 6h -
Israel and Hamas reach Gaza ceasefire and hostage deal
A ceasefire and hostage deal between Israel and Hamas has been reached in the bloody war in Gaza.CNBC - 3h -
Goldman Sachs CEO Solomon says IPO market is 'going to pick up' along with dealmaking
At an event hosted by Cisco on Wednesday, Goldman Sachs CEO David Solomon indicated that the multi-year IPO drought should be coming to an end.CNBC - 3h -
Hindenburg Research founder says he's closing short-seller research shop
Hindenburg took on companies including Nikola and Carvana and financial titan Carl Icahn as a short seller.CNBC - 6h -
YouTube donating $15 million in LA wildfire relief, support for creators days before TikTok ban
Google and YouTube will donate $15 million to support the Los Angeles community and content creators impacted by wildfires.CNBC - 8h
More in Business
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UnitedHealth has a lot more to explain to investors besides its earnings numbers
When the healthcare giant reports earnings Thursday morning, investors will be looking to see if Brian Thompson’s death and the public outcry over denials are prompting any changes at the company.MarketWatch - 2m -
UnitedHealth has a lot more to explain to investors besides its earnings numbers
When the healthcare giant reports earnings Thursday morning, investors will be looking to see if Brian Thompson’s death and the public outcry over denials are prompting any changes at the company.MarketWatch - 2m -
Albania Gives Jared Kushner Hotel Project a Nod as Trump Returns
The project is one of several that family members of President-elect Donald J. Trump have with foreign countries that have pending policy matters with the United States.The New York Times - 1h -
Tesla is offering Cybertruck discounts as EV market gets crowded
Tesla started offering discounts on new Cybertruck vehicles in its inventory this week.CNBC - 3h -
Goldman Sachs CEO Solomon says IPO market is 'going to pick up' along with dealmaking
At an event hosted by Cisco on Wednesday, Goldman Sachs CEO David Solomon indicated that the multi-year IPO drought should be coming to an end.CNBC - 3h