Latest in Bank CEOs Jamie Dimon, David Solomon are cautious on the economy. Here’s why.
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Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
US Steel CEO rips Biden's 'shameful' move blocking sale
U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese corporation Nippon Steel “shameful” and “corrupt” in a Friday afternoon ...The Hill - Jan. 3 -
Generation Beta Is Here–and They Could Transform the Workplace
According to one new survey, the youngest generation will drive a truncated workweek, heightened flexibility, and more when they enter the workforce.Inc. - Jan. 3 -
David Lodge, British Novelist Who Satirized Academic Life, Dies at 89
His 15 well-plotted novels teemed with romance and strange coincidence. An erudite literary critic with an ear for language, he also wrote a raft of nonfiction books.The New York Times - Jan. 3 -
Meta Deleted Its Controversial AI Profiles. Here’s Why.
Meta still has plans to use AI to drive engagement on its platforms, though.Inc. - Jan. 3 -
Here's why one of our favorite industrial stocks is up more than 3% Friday
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Jan. 3 -
Baseball Hall of Fame: Comparing cases of NL East infielders Chase Utley, Jimmy Rollins and David Wright
The trio dominated for the Phillies and Mets, but is that enough to get them to Cooperstown?CBS Sports - Jan. 3 -
'Masterful' novelist David Lodge dies aged 89
Lodge was twice nominated for the Booker Prize in the 1980s for comic novels Small World and Nice Work.BBC News - Jan. 3 -
The House begins voting in hours. Here’s what to know.
The Louisiana Republican was unanimously nominated as his party’s candidate for speaker. But resistance among right-wing lawmakers and his slim majority have thrust his fate into doubt.The New York Times - Jan. 3 -
Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - Jan. 3 -
Here’s what Congress’s first day will look like
The 119th Congress kicks off Friday as lawmakers return to Washington with a long January to-do list and a packed first day. Confirmation hearings for President-elect Trump’s Cabinet nominees are ...The Hill - Jan. 3 -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - Jan. 3 -
Help! Ryanair Won’t Send Flight Compensation to a U.S. Bank Account
After being grounded for 12 hours in Berlin, a mother and daughter were owed both compensation and a rebooked flight. All they got were nonsensical responses from customer service.The New York Times - Jan. 3 -
Carter's quest for Mideast peace didn't end with Camp David
As president, Jimmy Carter brokered the peace agreement that removed Israel’s most powerful enemy from the battlefieldABC News - Jan. 3 -
Inequality hasn’t risen. Here’s why it feels like it has
What appears on the surface to be a flat trend masks churn beneathFinancial Times - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
Why you should open a CD with an online bank this January
Most banks and credit unions offer CDs, but opening one with an online bank could make a lot of sense right now.CBS News - Jan. 2 -
Here's a list of ISIS-inspired attacks in the US
The Pulse nightclub shooting in 2017 is the largest attack believe to be inspired by ISIS.The Hill - Jan. 2 -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - Jan. 2 -
Opening a savings account? Here's what to know
Annual percentage yields (APYs) on top high-yield savings accounts are currently 4.5% and above, according to Bankrate.The Hill - Jan. 2 -
James Carville: I Was Wrong About the 2024 Election. Here’s Why.
Perception is everything in politics, and a lot of Americans perceive Democrats as not feeling their pain or caring too much about other things.The New York Times - Jan. 2 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
Palestinian Authority suspends Al Jazeera TV channel in West Bank
The Foreign Press Association has said the move "raises serious questions about press freedom".BBC News - Jan. 2 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
The 119th Congress begins tomorrow. Here's what to know.
The 119th Congress begins Friday with Republicans in full control of the House and Senate for the first time since 2019. Here's what to know.CBS News - Jan. 2 -
The Palestinian Authority Takes on Hamas Militants in West Bank Power Struggle
Weeks of deadly fighting have marked the most serious clashes between Palestinian factions in years.The Wall Street Journal - Jan. 2 -
Trump tariffs pose a greater threat to South Korea’s economy than domestic political chaos, BOK official suggests
The South Korean economy has to grapple with internal political turmoil and the threat of tariffs by U.S. President-elect Donald Trump in 2025.CNBC - Jan. 2 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - Jan. 2 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - Jan. 2 -
Why it’s hard to be a friend of America
Nippon Steel’s bid for US Steel shows the flaws in the ‘friendshoring’ approachFinancial Times - Jan. 2 -
Drone footage shows collapsed Cheshire canal bank triggering flood
The aqueduct collapsed and flooded surrounding field after heavy rainfall.BBC News - Jan. 1 -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.The Wall Street Journal - Dec. 31 -
See Ya, 2024. Here’s What We Loved.
Where Times Opinion — and listeners — found joy this year.The New York Times - Dec. 31 -
Why 2025 will be the year of AI orchestration
For many, 2025 will be the year of AI agents, when pilot programs, experiments and use cases converge into something resembling ROI.VentureBeat - Dec. 30