U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
Read more at MarketWatch
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China has ample fiscal space to bolster growth this year
Yahoo News - 4d -
Hottest year on record sent planet past 1.5C of heating for first time in 2024
Highest recorded temperatures supercharged extreme weather – with worse to come, EU data shows . Climate breakdown drove the annual global temperature above the internationally agreed 1.5C target ...The Guardian - 5d -
U.S. records its first human bird flu death
The U.S. has recorded its first human death from bird flu, in a patient hospitalized in Louisiana. The case was considered the country’s first severe human H5N1 infection.NBC News - Jan. 6 -
Newsom proposes 'balanced' budget with no deficits
California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be "balanced" and without deficits — marking a significant turnaround after two years of shortfalls. ...The Hill - Jan. 6 -
U.S. records first death from bird flu amid growing concerns
A Louisiana patient hospitalized in critical condition with severe bird flu has died, the state health department said Monday, marking the first U.S. death due to the virus. The patient was older ...The Hill - Jan. 6 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5 -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - Jan. 4 -
GTA 6 Could Sell 40 Million Copies And Make $3 Billion In First Year Alone
According to a research company, Grand Theft Auto VI could bring in more than $3 billion in total revenues during the first 12 months after launch. A report from Financial Times cites data from ...GameSpot - Jan. 2 -
Forrester on cybersecurity budgeting: 2025 will be the year of CISO fiscal accountability
With 90% of cybersecurity and risk leaders predicting they'll see budget increases in 2025, many are facing a new era of accountability.VentureBeat - Dec. 30
More from MarketWatch
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SEC lawsuit against Elon Musk is a big political test for Trump administration
Trump appointee Paul Atkins is set to face a major minefield upon taking over leadership of the SEC, given Musk’s close ties to the incoming president.MarketWatch - 5h -
This is Nvidia’s secret weapon and it’s likely to propel the stock in 2025
Strength in data center GPUs, networking, services, and emerging products fortify Nvidia’s competitive ‘moat.’MarketWatch - 5h -
Companies are expected to post their best earnings growth in 3 years. The biggest gains won’t come from Big Tech.
Financials should be the biggest profit gainers this earnings season — but as Trump returns, trends could be “much more volatile than Trump 1.0,” analyst says.MarketWatch - 5h -
‘I’ve never been happier’: I married a wonderful lady from Ukraine. I have two successful kids. Do I put my wife on the deed to my home?
“We are now looking to downsize and move to another home and I’m wondering if we should put the new property in joint names.”MarketWatch - 6h -
‘How can you fit your life in a car?’ After Pacific Palisades fire, Malibu business owners face a grim new reality
When your neighborhood is destroyed by fire, what do you take with you? And how do you face the future?MarketWatch - 6h
More in Business
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UK inflation slows to 2.5% in December, below expectations
U.K. inflation fell to 2.5% in December, according to data released by the Office for National Statistics on Wednesday.CNBC - 10m -
Nvidia-backed AI video platform Synthesia doubles valuation to $2.1 billion
Synthesia CEO Victor Riparbelli told CNBC his company isn't "dependent" on venture capital, unlike companies such as OpenAI and Anthropic.CNBC - 17m -
UK homeowners brace for higher mortgages as borrowing costs spike
Hundreds of thousands of U.K. homeowners are facing the prospect of higher mortgage rates after a spike in U.K. borrowing costs.CNBC - 57m -
Falling birth rates raise prospect of sharp decline in living standards
People will need to produce more and work longer to plug growth gap left by women having fewer babies, report saysFinancial Times - 2h -
Emerging market stocks slide on Trump tariff threats and strong dollar
MSCI’s broad index has dropped more than 10% since reaching a two-and-half-year high in OctoberFinancial Times - 2h