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Hang Seng Leads Losses in Asia China Consumer Inflation Comes in Weaker Than Forecast

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  • Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.

    Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...
    MarketWatch - 14h

  • Macy’s stock slides as retailer warns Q4 sales could be weaker than expected

    Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.
    MarketWatch - 1d

  • 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 - 1d

  • India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

    The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.
    CNBC - 1d
  • California fires weather forecast: More than 8M people are in critical fire risk zone

    California fires weather forecast: More than 8M people are in critical fire risk zone

    More than 8 million people are in the critical fire risk zone.
    ABC News - 2d
  • Dangerous wind gusts forecasted as LA wildfires rage on

    Dangerous wind gusts forecasted as LA wildfires rage on

    NBC’s Angie Lassman tracks the latest forecast for Southern California including the expected return of the dangerous Santa Ana winds.
    NBC News - 2d

  • Is US inflation set to rise further?

    Market Questions is the FT’s guide to the week ahead
    Financial Times - 2d

  • Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics

    As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...
    MarketWatch - 3d
  • Global 2025 Growth Forecast at Modest 2.8 Percent

    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. - 4d

  • Consumer expectations for higher inflation soar in early January

    Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.
    MarketWatch - 4d
  • TikTok’s future hangs in balance at Friday’s Supreme Court arguments

    TikTok’s future hangs in balance at Friday’s Supreme Court arguments

    TikTok’s future will hang in the balance Friday when the Supreme Court hears oral arguments over a federal law that could ban the video-sharing platform nationwide in less than 10 days.  In its ...
    The Hill - 4d

  • L.A. wildfires have caused more than $135 billion in economic losses — and counting

    Fires across Southern California are already one of the most damaging in the states history.
    MarketWatch - 5d
  • The Legacies of Mike Tomlin and Russell Wilson Now Hang in the Balance

    The Legacies of Mike Tomlin and Russell Wilson Now Hang in the Balance

    The Steelers’ playoff game against the Ravens could very well shape the future of the franchise.
    The New York Times - 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 - 5d

  • 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 - 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

  • Eaton Fire consumes homes in Altadena, Pasadena

    The Eaton Fire has burned more than 10,000 acres in northeast Los Angeles County, forcing about 33,000 residents to flee. It has torched homes and burned houses of worship in the communities of ...
    CBS News - 6d
  • Fed braces for Trump inflation bump

    Fed braces for Trump inflation bump

    Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Fed frets about impact of Trump policies on inflation Central bank officials ...
    The Hill - 6d
  • Fed’s Waller sees cooler inflation despite higher forecasts

    Fed’s Waller sees cooler inflation despite higher forecasts

    Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...
    The Hill - 6d

  • Latest weather forecast as massive California wildfires spread

    The strong winds fueling the wildfires in Los Angeles County spread quickly and led to thousands of evacuations. CBS News Los Angeles teams break down how the fires took over, and CBS News Bay Area ...
    CBS News - 6d

  • Samsung’s revival still hangs on winning Nvidia’s AI custom

    South Korean group is one of only a few chipmakers with the ability to produce memory chips essential for AI applications
    Financial Times - 6d
  • Trump's unpredictable streak puts Asia on edge

    Trump's unpredictable streak puts Asia on edge

    Adm. Samuel Paparo, commander of all U.S. naval forces in the Indo-Pacific, was tongue-tied.  Addressing a conference of military and national security professionals in November, he stumbled and ...
    The Hill - 6d
  • Rangers Blow Multi-Goal Lead In Crushing Loss To Stars

    Rangers Blow Multi-Goal Lead In Crushing Loss To Stars

    Here are some takeaways from the Rangers' 5-4 overtime loss to the Stars.
    Yahoo Sports - Jan. 8
  • Winter Storm Forecast to Bring Snow and Ice to Texas

    Winter Storm Forecast to Bring Snow and Ice to Texas

    Just after the season’s first major winter storm, snow and ice are set to sweep across Texas and into the Carolinas this week.
    The New York Times - Jan. 7
  • Experian accused of failing to properly investigate consumer disputes

    Experian accused of failing to properly investigate consumer disputes

    A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial ...
    The Hill - Jan. 7
  • The latest forecast covering the UK

    The latest forecast covering the UK

    BBC weather presenter Darren Bett has the latest UK forecast for Tuesday.
    BBC News - Jan. 7

  • 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

  • Jim Cramer explores why consumer goods stocks are seeing losses

    CNBC's Jim Cramer reviewed Monday's market action and gave his take on why a large swath of stocks are notching losses.
    CNBC - Jan. 6
  • Trudeau's era comes to an end

    Trudeau's era comes to an end

    Yahoo News - Jan. 6

  • German inflation rises more than expected to 2.9% in December

    German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.
    CNBC - Jan. 6
  • Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech

    Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech

    Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...
    GameSpot - Jan. 6
  • Germany to release inflation estimate for 2024

    Germany to release inflation estimate for 2024

    Yahoo News - Jan. 6
  • See the latest forecast covering the UK

    See the latest forecast covering the UK

    The BBC's Carol Kirkwood explains what the next few days will look like across the UK.
    BBC News - Jan. 6

  • What to expect in 2025 if economist forecasts are as bad as usual

    Nobody has a crystal ball, and that’s demonstrated every year when Wall Street’s professionals hazard a guess on what to expect for the following year.
    MarketWatch - Jan. 4
  • How filmmakers and actors in Asia and the Asian diaspora are expanding representation

    How filmmakers and actors in Asia and the Asian diaspora are expanding representation

    It’s vastly different to work as an Asian actor in North American hubs such as Toronto, Los Angeles and New York — than in those in Asia, including Hong Kong and Taipei
    ABC News - Jan. 3
  • Blinken heads to Asia, Europe on last expected trip as top US diplomat

    Blinken heads to Asia, Europe on last expected trip as top US diplomat

    Secretary of State Antony Blinken will embark on what is expected to be his final overseas trip in office this weekend, traveling to South Korea, Japan and France
    ABC News - Jan. 3
  • Mike Johnson hangs on, but his challenges are only beginning: From the Politics Desk

    Mike Johnson hangs on, but his challenges are only beginning: From the Politics Desk

    Mike Johnson won re-election as House speaker with a boost from Donald Trump, but his challenges with a narrow Republican majority are only beginning.
    NBC News - Jan. 3
  • 3 observations after Curry-led Warriors hang 139 points on Sixers

    3 observations after Curry-led Warriors hang 139 points on Sixers

    The Sixers finished their back-to-back Thursday night with a wire-to-wire, blowout loss to Stephen Curry and the Warriors.
    Yahoo Sports - Jan. 3

  • China approved more than 90 per cent of overseas data transfers in 2024: top regulator

    Yahoo News - Jan. 2

  • 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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