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Consumer Sentiment Hits 4month High Despite Slow Job Market

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  • Starmer aims to refocus attention on growth after hit from markets

    Starmer aims to refocus attention on growth after hit from markets

    UK PM pledges to be ‘best state partner’ for AI companies as he faces ominous economic and political backdrop
    Financial Times - 1d

  • Crude hits 6-month high as new US sanctions trigger global supply fears

    Brent crude tops $81 a barrel after Washington targets Russian oil revenues
    Financial Times - 1d

  • FirstFT: Dollar hits 2-year high as interest rate assumptions change

    Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El Salvador
    Financial Times - 1d

  • EU too slow to tackle single market abuse, say industry bodies

    Number of cases opened against member states for breaches of EU law has dropped sharply
    Financial Times - 1d
  • Lindsey Vonn’s comeback hits a new high; Lauren Macuga wins first World Cup race

    Lindsey Vonn’s comeback hits a new high; Lauren Macuga wins first World Cup race

    Lindsey Vonn’s stellar return to alpine skiing at age 40 continued and a rising 22-year-old American teammate announced her arrival. On Saturday in St. Anton, Austria, Vonn finished sixth place in ...
    Yahoo Sports - 2d
  • Uranium prices hit record as thirsty AI data centres add to market squeeze

    Uranium prices hit record as thirsty AI data centres add to market squeeze

    Industry pressured to build new conversion facilities to cover end of US import waiver and impact of Ukraine war
    Financial Times - 3d
  • America can't afford to lose the high-skilled talent race in today's competitive markets

    America can't afford to lose the high-skilled talent race in today's competitive markets

    America’s real competitive edge lies in its people. If we fail to act, today’s political skirmishes will become tomorrow’s lost opportunities.
    The Hill - 3d
  • Strong Job Market Could Prove Costly for Homebuyers and Businesses. Here’s Why

    Strong Job Market Could Prove Costly for Homebuyers and Businesses. Here’s Why

    The job market has shown resilience with unemployment falling to 4.1 percent last month.
    Inc. - 4d

  • Stock market plunges after better-than-expected December jobs report

    The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...
    CBS News - 4d

  • U.S. stocks got clobbered Friday despite a blockbuster jobs report. What’s going on?

    Rising bond yields are heaping pressure on equities as investors fear a resurgence of inflation.
    MarketWatch - 4d
  • As Wildfire Flames Consume Architectural Gems, a Hit to ‘Old California’

    As Wildfire Flames Consume Architectural Gems, a Hit to ‘Old California’

    The historic ranch house of Will Rogers and an important residence by Ray Kappe were destroyed by the fires, which threaten L.A.’s spectacular design legacy.
    The New York Times - 4d
  • US job market soars past expectations in last report before Trump retakes White House

    US job market soars past expectations in last report before Trump retakes White House

    Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency. The US labor market expanded strongly in the last jobs report of the Biden administration , ...
    The Guardian - 4d
  • U.S. adds 256,000 jobs, as Biden leaves Trump with sturdy labor market

    U.S. adds 256,000 jobs, as Biden leaves Trump with sturdy labor market

    President Joe Biden will end his term with a relatively healthy labor market as the U.S. added 256,000 jobs in December and the unemployment rate ticked down to 4.1%.
    NBC News - 4d
  • In data: Brazil, Chile touted as “high-potential” Americas spirits markets

    In data: Brazil, Chile touted as “high-potential” Americas spirits markets

    Yahoo News - 4d

  • How California wildfires are hitting the state’s housing market

    Insurance companies have refused to renew policies for hundreds of thousands of homes in recent years
    Financial Times - 4d

  • Friday's jobs report could present a mixed view of the labor market. Here's what to expect

    Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.
    CNBC - 4d
  • Lula Disapproval Hits New High With Brazilians Pessimistic About Economy

    Lula Disapproval Hits New High With Brazilians Pessimistic About Economy

    Yahoo News - 4d
  • Whitehall braced for spending cuts after UK hit by bond market turmoil

    Whitehall braced for spending cuts after UK hit by bond market turmoil

    Rising gilt yields mean government departments may face further squeeze
    Financial Times - 4d

  • Investors are on edge as Friday’s jobs report could make or break the stock-market rally

    Rising Treasury yields are ratcheting up the anxiety for equity investors. Thursday’s stock-market closure offered only a brief reprieve from the mounting tension.
    MarketWatch - 5d
  • Private-sector hiring slows: ADP

    Private-sector hiring slows: ADP

    Hiring in the U.S. private sector and pay growth slowed down in December last year across several industries, according to a report released on Wednesday.  The Always Designing for People (ADP) ...
    The Hill - 5d

  • Civil servant long-term sickness hits post-pandemic high in UK

    Ministry of Justice was department with highest average length of absence
    Financial Times - 5d

  • China's consumer inflation slows further in December, stoking deflation worries

    China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.
    CNBC - 6d
  • Bill Belichick has no plans on returning to NFL despite Tom Brady reaching out about Raiders job, per reports

    Bill Belichick has no plans on returning to NFL despite Tom Brady reaching out about Raiders job, per reports

    It looks like there won't be a reunion in Las Vegas
    CBS Sports - 6d
  • Job Openings Rise Unexpectedly to 8.1 Million in Resilient Labor Market

    Job Openings Rise Unexpectedly to 8.1 Million in Resilient Labor Market

    Ahead of hiring numbers due out Friday, the Labor Department said the November jump in job openings, up from 7.8 million the month before, shows companies still need workers.
    Inc. - 6d
  • 'Music is back' as vinyl and streaming help sales hit a 20-year high

    'Music is back' as vinyl and streaming help sales hit a 20-year high

    Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.
    BBC News - 6d
  • Tents arrive for survivors of quake that hit holy city in freezing high-altitude Tibet, killing 126

    Tents arrive for survivors of quake that hit holy city in freezing high-altitude Tibet, killing 126

    Rescue workers in the freezing, high-altitude Tibet region are searching for more survivors and victims, one day after a strong earthquake leveled thousands of houses and killed at least 126 people ...
    ABC News - 6d

  • Consumer Electronics Show 2025 underway in Las Vegas

    The iconic Consumer Electronics Show is now underway in Las Vegas, showcasing some of the latest trends in technology. Bridget Carey, editor-at-large for CNET, joined CBS News to discuss the event.
    CBS News - Jan. 7

  • Job openings reverse long decline, but the U.S. labor market is still not out of the woods

    President-elect Donald Trump is inheriting low unemployment after several years of strong postpandemic hiring, but he’s also confronting a weakening labor market in which fewer jobs are available ...
    MarketWatch - Jan. 7

  • FirstFT: US corporate bankruptcies hit 14-year high

    Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps down
    Financial Times - Jan. 7
  • US corporate bankruptcies hit 14-year high as interest rates take toll

    US corporate bankruptcies hit 14-year high as interest rates take toll

    Consumer companies such as Party City hit by persistent inflation and weak spending
    Financial Times - Jan. 7

  • Did the US jobs market hold up?

    Market Questions is the FT’s guide to the week ahead
    Financial Times - Jan. 5

  • Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?

    The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.
    MarketWatch - Jan. 4
  • U.S. Car Sales Hit a Five-Year High in 2024

    U.S. Car Sales Hit a Five-Year High in 2024

    Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.
    Inc. - Jan. 3

  • Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts

    Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.
    CNBC - Jan. 3

  • Are we slowing down yet?

    People are worried about the economy
    Financial Times - Jan. 3
  • Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes

    Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes

    Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.
    The Wall Street Journal - Jan. 2

  • U.S. dollar index hits more than two-year high as markets brace for Trump return

    Optimism around the U.S. economy was in focus as markets reopened following disrupted trade over Christmas and the New Year's holiday.
    CNBC - Jan. 2
  • Cruise ship stomach bug illnesses hit 12-year high: CDC

    Cruise ship stomach bug illnesses hit 12-year high: CDC

    Cruise ships saw the highest number of stomach bug illnesses since 2012 with 16 outbreaks that impacted 1,894 passengers.
    The Hill - Jan. 2

  • How marketing pushed these three indie films into box office hits

    Despite major obstacles, some indie films thrived this year. Yes, they were artistically accomplished, but inventive ad campaigns also helped draw in crowds.
    Los Angeles Times - Jan. 2

  • Job losses at Europe’s car parts suppliers soar as vehicle market slows

    Falling sales growth and excess capacity have led to sector pain that the EV transition is not easing
    Financial Times - Jan. 2
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