Latest in Australia lowers tax revenue forecast on weak Chinese economy
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Cummins takes five as Australia demolish India
Pat Cummins takes 5-57 as Australia wrap up an emphatic 10-wicket victory over India on day three of the second Test to square the series at 1-1.BBC News - Dec. 8 -
Australia close in on Test victory after Head hundred
Australia's bowlers back up a majestic century from Travis Head on his home ground to put themselves in a strong position to win the second Test against India.BBC News - Dec. 7 -
Indonesia chases the return of ‘bonanza-era’ Chinese tourism
China’s economic malaise, however, means its people have been slower to join the global wave of post-pandemic ‘revenge travel’. In the laneways of Ubud, three older Chinese women are laughing as ...The Guardian - Dec. 7 -
US economy added 227,000 jobs in November
Rise in unemployment rate bolsters case for Federal Reserve rate cut this monthFinancial Times - Dec. 6 -
U.S. economy added 227,000 jobs in November
The U.S. economy added 227,000 jobs in the month of November and the unemployment rate sat at 4.2%, according to a Bureau of Labor Statistics report.NBC News - Dec. 6 -
Starc takes Test best as Australia dominate India
Mitchell Starc claims career-best Test figures of 6-48 as Australia seize the initiative on day one of the second Test against India.BBC News - Dec. 6 -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - Dec. 6 -
The Big Question: is the US economy exceptional — or overhyped?
Three FT pieces this week explore the soaraway, world-beating success of American business. But can it last?Financial Times - Dec. 6 -
Oil ends lower after OPEC+ again delays phaseout of production cuts
Oil futures finished lower on Thursday after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts in ...MarketWatch - Dec. 5 -
Collapse of France’s Government Further Burdens Its Weak Economy
Already struggling with flat growth and a large debt and deficit, the country faces a new period of instability without a functioning government or a budget.The New York Times - Dec. 5 -
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Southwest Airlines Lifts Revenue Outlook
Southwest Airlines is the latest airline lifting its revenue guidance for the final quarter of the year as travel demand holds steady.The Wall Street Journal - Dec. 5 -
Italy’s slowing economy raises pressure on Meloni
Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budgetFinancial Times - Dec. 5 -
UK businesses expect lower margins and higher prices after Budget
Survey finds 54% of companies plan to raise prices in 2025 after national insurance increaseFinancial Times - Dec. 5 -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - Dec. 5 -
Balfour Beatty Forecasts Earnings Beat
Balfour Beatty said it was on track to deliver earnings growth ahead of market forecasts this year, and that it planned further share buybacks in 2025.The Wall Street Journal - Dec. 5 -
Shares of American Eagle plunge 13% as company issues weak holiday guidance
American Eagle issued weak holiday guidance after reporting its third sales miss in a row.CNBC - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Google Introduces A.I. Agent That Aces 15-Day Weather Forecasts
GenCast, from the company’s DeepMind division, outperformed the world’s best predictions of deadly storms as well as everyday weather.The New York Times - Dec. 4 -
Hormel’s stock slumps as sales are still being hurt by weak turkey prices
Hormel was impacted by lower prices for whole-bird turkeys this year, as well as a production interruption at a Planters facility in Virginia.MarketWatch - Dec. 4 -
Trump's controversial Cabinet picks raise questions about lower ethical standards
The former president has shown he has no qualms about putting his most loyal confidants in his administration, no matter their baggage.ABC News - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
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Centrica Delays Nuclear Plants Closure, Boosts Output Forecasts
The British Gas owner said two of the power stations are now expected to generate electricity until March 2027, one year later than previously expected.The Wall Street Journal - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
How Bangladesh’s Economy Was Siphoned Dry
Bangladesh’s currency was battered by what the new head of the central bank says was the looting of the banks under the deposed prime minister.The New York Times - Dec. 4 -
Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Salesforce reported its fiscal third-quarter earnings on Tuesday and posted strong fourth-quarter guidance.CNBC - Dec. 3 -
Marvell forecasts fourth-quarter revenue above estimates on strong AI-backed demand
Marvell's shares have risen nearly 60% this year as Wall Street pours billions of dollars into AI-linked stocks, placing huge bets on the future of genAI technology. Demand for advanced chips that ...Yahoo Sports - Dec. 3 -
3 ways seniors can lower their credit card debt in 2025
If you're a senior with high-rate credit card debt, it helps to start exploring these three options now, before 2025.CBS News - Dec. 3 -
Wolves to lose protection, as EU lowers bar for shooting wildlife
Downgrading species’ protection status for political gain puts decades of conservation efforts at risk, says WWF. Europe’s wolves will lose their “strict protection” status, alarming ...The Guardian - Dec. 3 -
Stephen A. Smith slams Biden for 'weak, pathetic explanation' of Hunter pardon
Sports commentator Stephen A. Smith criticized President Biden for the way he explained his decision to pardon his son Hunter Biden's gun and tax charges. While Smith seemed to understand why ...The Hill - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Pakistan's Reliance on Chinese-Built Power Plants Is Strangling Its Economy
Pakistan turned to Beijing to solve a crippling energy shortage. Now, the country is crushed by debt and sky-high energy prices—and its economy is spiraling.The Wall Street Journal - Dec. 3 -
Top U.N. Envoy Says Gaza War Followed Years of Weak Diplomacy
World leaders failed to focus on a permanent solution to the Israeli-Palestinian conflict and risk making the same mistake again, the departing United Nations’ envoy in the region says.The New York Times - Dec. 3 -
Why America’s economy is soaring ahead of its rivals
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?Financial Times - Dec. 3 -
An extraordinary global economy will require extraordinary agility
Policymakers need to adjust their approaches including through pre-emptive negotiations with the incoming US administrationFinancial Times - Dec. 3 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
Kittle identifies 49ers' two biggest weaknesses this season
49ers tight end George Kittle revealed San Francisco's two biggest weaknesses during the team's rocky 2024 NFL season.Yahoo Sports - Dec. 2
