Dollar Surges Against the Euro and Sterling
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Their Social Security benefits were slashed. Now they’re getting hundreds — maybe thousands — of dollars back under new law Biden just signed.
Retired public workers will get check adjustments and retro pay under the recently signed Social Security Fairness Act.MarketWatch - Jan. 11 -
Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.
Rates were supposed to go down — but a strong U.S. economy is getting in the way.MarketWatch - Jan. 11 -
Do you still have to pay your mortgage if your house burns down? Some multimillion-dollar homes may not qualify for disaster relief.
The multimillion-dollar homes burning in the L.A. wildfires may not qualify for mortgage relief.MarketWatch - Jan. 11 -
The strange world of the Euro-Gulf
The entwinement of Europe and the Arabian peninsula is ever tighter, and ever more improbableFinancial Times - Jan. 11 -
Thousands protest in Slovakia against government's Ukraine policy
Yahoo News - Jan. 10 -
The Britons killed fighting for Ukraine against Russia
Fifteen British men are known to have died in the conflict so far. Here are their stories. Since Russia invaded Ukraine, 15 Britons are known to have died in the conflict. The Guardian looks at ...The Guardian - Jan. 10 -
Dollar dominance means tariffs are not the only game in town
America’s grip on global financial services could provide Trump with another source of leverageFinancial Times - Jan. 10 -
Why investors are still buying gold despite a strong dollar and rising Treasury yields
Gold prices settled Thursday at their highest level in four weeks, defying their usual inverse relationship with strength in the U.S. dollar and gains in Treasury yields, as fiscal worries prompt ...MarketWatch - Jan. 10 -
Ferguson defends decision not to bring Young on against dad
Peterborough manager Darren Ferguson defends his decision to leave Ashley Young's son Tyler on the bench for Everton FA Cup tie.BBC News - Jan. 10 -
The Tide Could Finally Be Turning Against the LA Fires
With wind speeds falling, firefighting reinforcements arriving from out of state, and more water sources online, authorities now have a critical window to take control of the situation.Wired - Jan. 10 -
Loss estimates, including health effects and rebuilding costs, surge.
As fires raged, the economic toll of the disaster climbed into the tens of billions of dollars, according to analyst estimates.The New York Times - Jan. 9 -
Nathaniel Rothschild files lawsuit against Lars Windhorst
Legal case comes less than six months after scion of banking dynasty agreed to chair German financier’s firmFinancial Times - Jan. 9 -
New York City’s Economy Surged in 2024. A Trump Shake-Up Looms.
The city has made up much of the ground it lost amid the coronavirus pandemic. Donald J. Trump’s return to the White House could upend that recovery.The New York Times - Jan. 9 -
UBS’s stock hit its highest level in 16 years. The good news is the bank is about to get fined hundreds of millions of dollars.
UBS stock reached a new 16-year high after the Wall Street Journal said the bank is about to get fined hundreds of millions of dollars.MarketWatch - Jan. 9 -
The sterling sell-off will continue until morale improves
Ground poundFinancial Times - Jan. 9 -
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
A surging buck can crimp multinational’s profitsMarketWatch - Jan. 9 -
The Unwitting Environmentalists in the Fight Against Poachers: Vultures
The birds, outfitted with tracking devices, are helping researchers and park rangers combat poaching in Uganda.The Wall Street Journal - Jan. 9 -
A plunging pound with surging U.K. yields suggest the bond vigilantes are lurking
A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a warning to the U.S. and other countries that the bond vigilantes are ...MarketWatch - Jan. 9 -
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - Jan. 9 -
FirstFT: Elon Musk moves against Keir Starmer
Also in today’s newsletter, corporate borrowers rush to lock in loans and the growing interest in lunar spectrumFinancial Times - Jan. 9 -
Asia's central banks face a formidable challenge: An ascendant U.S. dollar
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.CNBC - Jan. 9 -
Has the bond market turned against Rachel Reeves?
Rising UK borrowing costs raise risk that chancellor will have to impose tighter fiscal policy as soon as MarchFinancial Times - Jan. 8 -
A million-dollar kombucha deal spurred Quinn Ewers to Ohio State early, but staying long never made sense
The Buckeyes were caught off guard by Ewers' decision to reclassify and join them a year earlyCBS Sports - Jan. 8 -
Political warfare: Why the House accusations against Liz Cheney are baseless and wrong
The accusations of professional misconduct against Liz Cheney are frankly ludicrous.The Hill - Jan. 8 -
Why investors should watch the dollar as markets make sense of Trump’s tariff plans
It had seemed like nothing could stop the U.S. dollar from marching higher. Then a headline about President-elect Donald Trump’s tariff plans landed in traders’ newsfeeds, and suddenly all bets ...MarketWatch - Jan. 8 -
Affordable Care Act enrollments surge as Biden's term nears end, White House says
"That means that enrollment has nearly doubled since I took office," President Joe Biden said in a statement.ABC News - Jan. 8 -
Breakthrough drugs herald ‘new era’ in battle against dementia, experts predict
Medical advances make pills to treat Alzheimer’s disease viable, though challenges remain in sharing gains globally. Pills that prevent Alzheimer’s disease or blunt its effects are on the horizon, ...The Guardian - Jan. 8 -
UK watchdog bans adverts featuring burning dollars
Posters from Islamic finance start-up Wahed Invest likely to cause ‘serious offence’, rules ASAFinancial Times - Jan. 8 -
India confirms first HMPV cases amid surge in China
India confirmed its first cases of human metapneumovirus (HMPV) infections in children, with a total of seven cases reported as of Tuesday. The cases were reported in Bengaluru, Nagpur, Tamil Nadu ...The Hill - Jan. 7 -
As Trump Praises Meta Decision, Tech Watchdogs Warn of Surge in Disinformation
While Republicans praised the move, some groups cautioned that effectively ending Meta’s fact-checking program would also lead to more conspiracy theories.The New York Times - Jan. 7 -
Ireland Joins South Africa’s Genocide Case Against Israel
Ireland had said it would intervene in the case at the International Court of Justice, arguing that Israel’s actions in Gaza amounted to collective punishment.The New York Times - Jan. 7 -
Fury would be 'massive favourite' against Joshua - Jones
Tyson Fury would be a "massive favourite" against Anthony Joshua, says Barry Jones - who wants to see the fight happen this year.BBC News - Jan. 7 -
Ireland joins South Africa's ICJ genocide case against Israel
Ireland filed a declaration of intervention Monday in support of South Africa’s genocide case against Israel in the International Court of Justice (ICJ). The decision comes after Ireland’s November ...The Hill - Jan. 7 -
Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - Jan. 7 -
North Sea storm surge brings German ferry services to a halt
Yahoo News - Jan. 7 -
Nvidia chief calls robots ‘multitrillion-dollar’ opportunity
Jensen Huang unveils AI models for humanoids and self-driving car partnership with Toyota at CES keynoteFinancial Times - Jan. 7