China Expected to Cut Inflation Outlook to Twodecade Low Lay Out Stimulus Plans at Two Sessions Meet
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China likely to cut inflation outlook to two-decade low, lay out stimulus plans at 'Two Sessions' meeting
Beijing is expected to revise down its annual consumer price inflation target to around 2% — the lowest in more than two decades — from 3% or higher in prior years.CNBC - 54m -
Lowe's beats Wall Street expectations as it starts to break out of sales slump
Lowe's followed rival Home Depot in reporting better-than-expected quarterly sales.CNBC - 9h -
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.The New York Times - Feb. 20 -
Hong Kong stock exchange reports record profits after China stimulus
Listings and trading fees jumped in 2024 after Beijing’s moves to boost marketsFinancial Times - 1h -
Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs
A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.MarketWatch - 1d -
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - 1d -
Starbucks is laying off 1,100 workers and cutting drinks from its menu
Starbucks said the layoffs and slimmed down menu will help stores operate more efficiently.CBS News - 2d -
Starbucks to lay off 1,100 employees and cut drinks from its menu
Starbucks is planning to layoff 1,100 employees at the corporate level. The coffee chain is also slashing about 30% of its menu. CBS News MoneyWatch correspondent Kelly O'Grady has more on what's ...CBS News - 1d -
China's home prices to drop further, recovery not expected until 2026
Yahoo News - 2d -
Super Micro expected to meet a key deadline, but other hurdles remain
The server maker still faces government investigations and needs to bolster its management ranks.MarketWatch - 2d -
China Defends South Africa’s G20 Ambitions as Rubio Snubs Meeting
The absence of Secretary of State Marco Rubio hung over the year’s first high-level meeting of the world’s largest economies, with diplomats fretting over turbulent times.The New York Times - 6d -
US lawmakers issue warning about China’s planned new London embassy
Letting Beijing build largest mission in Europe seen as inappropriate reward given its human rights recordFinancial Times - 8h -
Will the expected IRS cuts delay my 2025 tax refund?
Tax accountants urge Americans to file early this year to avoid delays in getting your 2025 tax refund.CBS News - 5d -
Cuts to Medicaid possible if Johnson's budget plan passes
Lawmakers on Capitol Hill are concerned about potential cuts to Medicaid if House Speaker Mike Johnson's budget proposal is passed. CBS News' Caitlin Huey-Burns reports.CBS News - 1d -
Johnson rules out steepest Medicaid cut options
Politico - 4h -
Artur Beterbiev vs. Dmitry Bivol 2 results, takeaways: Trilogy expected as two men bring the best to rivalry
Beterbiev and Bivol are perfect adversaries and they put on a second consecutive incredible and tense fight over 12 roundsCBS Sports - 4d -
She Interrupted a Town-Hall Meeting and Was Dragged Out by Private Security
The City of Coeur d’Alene revoked the license of a security firm after its plainclothes guards forcibly removed a woman. The police said they were investigating the incident.The New York Times - 1d -
Two Conferences Have a Bold Plan for College Football. History Says It Won’t Help.
Manipulating the Playoff field would destroy the credibility of the entire event, a columnist for The Athletic writes.The New York Times - 3d -
Two-week-old report regarding Eagles' supposed plan to skip White House visits catches fire
Last Sunday, an 11-year-old story was resurrected.Yahoo Sports - 2d -
Jeffries says Johnson's budget plan could lead to big Medicaid cuts
House Minority Leader Hakeem Jeffries is warning that House Speaker Mike Johnson's budget proposal would lead to Medicaid cuts. CBS News' Taurean Small reports.CBS News - 1d -
Trump says Zeldin plans to cut up to 65 percent of EPA staff
President Trump said Wednesday that Environmental Protection Agency (EPA) Administrator Lee Zeldin has floated cutting the agency’s workforce by up to 65 percent. Speaking at the inaugural Cabinet ...The Hill - 12h -
Trump says House budget plan will not cut Medicaid benefits
President Trump said the budget plan he endorsed and that passed in the House will not lead to cuts to Medicaid benefits. CBS News' Caitlin Huey-Burns has more.CBS News - 11h -
How the House Republican budget plan hopes to cut trillions of dollars in spending
The budget plan that narrowly passed in the House of Representatives proposes trillions of dollars in cuts over 10 years. CBS News' Taurean Small reports.CBS News - 10h -
China's latest action plan shows it's trying to boost foreign investment amid geopolitical tensions
China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses' calls for more concrete actions.CNBC - 3d -
Saturday Sessions: Cymande performs "Bra"
British band Cymande curated a cult following in the 1970s, but they cemented their legacy decades later, when hip-hop artists from De La Soul to the Wu-Tang Clan to the Fugees discovered and ...CBS News - 4d -
Gov. Lujan Grisham sounds alarm on Medicaid cuts in House GOP budget plan
While President Trump insists he won't touch Medicaid, his agenda in Congress tells a very different story. The House is set to vote on a spending plan that could cut Medicaid funding by hundreds ...CBS News - 2d -
Inside Republicans' budget plan that extends Trump tax cuts, potentially threatens Medicaid
After a lot of back-and-forth on Tuesday night, House Republicans were able to narrowly adopt a budget resolution that would advance President Trump's agenda. The proposal passed in a 217-215 vote. ...CBS News - 6h -
Ukraine Promises Swift Deal for Minerals as Trump Cuts Kyiv Out of Peace Talks
President Trump on Friday continued to bash President Volodymyr Zelensky of Ukraine and pressure him for mineral rights.The New York Times - 5d -
US companies left out of defence stock rally amid Trump’s Pentagon cuts
Fears over spending come as European groups’ shares soar on White House’s threat to cut support for region’s securityFinancial Times - 2d -
Dems draw out committee hearing to rail against GOP Medicaid cuts and DOGE
Politico - 1d -
Saturday Sessions: Cymande performs "How We Roll"
British band Cymande curated a cult following in the 1970s, but they cemented their legacy decades later, when hip-hop artists from De La Soul to the Wu-Tang Clan to the Fugees discovered and ...CBS News - 4d -
Saturday Sessions: Cymande performs "Chasing An Empty Dream"
British band Cymande curated a cult following in the 1970s, but they cemented their legacy decades later, when hip-hop artists from De La Soul to the Wu-Tang Clan to the Fugees discovered and ...CBS News - 4d -
What's the gold price outlook for the rest of 2025?
Experts say there are indicators that gold's strong performance will continue, though fluctuations are possible.CBS News - 2d -
Small Business Owners Express a More Uncertain Outlook
The National Federation of Independent Business report for January recorded its third highest level of uncertainty, as its index leaped 14 points due to worries about taxes, trade wars, and untamed ...Inc. - 12h -
A Trump DOGE Dividend Could Raise Inflation
President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.The New York Times - 6d -
Is the Fed’s preferred measure of inflation set to fall?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
Trump Uses Lies to Lay the Groundwork for Radical Change
Condoms for Gaza? Ukraine started the war with Russia? The president’s manipulations of the truth lay the groundwork for radical change.The New York Times - 3d -
Starbucks to Lay Off 1,100 Corporate Workers
The jobs cuts, which will affect about 7 percent of the chain’s non-retail staff, are part of its new chief executive’s plan to win back customers.The New York Times - 2d -
Trump’s tariffs spook consumers weary of inflation
The high spirits that greeted the US president’s election triumph in November have fadedFinancial Times - 1d -
Democrats channel outrage over DOGE, Ukraine and more in marathon Senate session
The budget resolution from Republicans was on the agenda in the Senate, but the nearly all-night debate encompassed so much moreABC News - 5d
