Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts

Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%

CNBC - 5h

5 Ways Highly Effective Leaders Delegate With Accountability

Delegating a lot? ‘By when’ are two magic words that you can never overuse.

Inc. - 12h

Surprise fall in inflation boosts interest rate cut hopes

Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.

BBC News - 15h

Biden urges Congress to ‘step up’ on California aid as LA warned of ‘explosive fire growth’ – as it happened

This blog is now closed. You can read our latest story here . Tell us about the financial consequences you are facing due to the California fires Weather forecasters are predicting that the ...

The Guardian - 2d

Small-cap stocks face heightened risk with rate cuts in question, warns BofA

The recent selloff in small-cap stocks left the Russell 2000 index in correction territory.

MarketWatch - 2d

Air Traffic Growth Forecasts Clash With Climate Goals, Study Says

Airline passenger counts will more than double within 25 years, and more flights will mean more global carbon emissions, an advocacy group warned at a major industry conference.

Inc. - 2d

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 - 2d

A landslide in a Myanmar jade mining area kills at least 12 and leaves many missing

An overnight landslide at a jade mining area in northern Myanmar has killed at least a dozen people and left many others missing

ABC News - 2d

California fires weather forecast: High winds could cause explosive fire growth

Higher humidity and lighter winds are forecast late in the week and into the weekend.

ABC News - 2d

ECB’s chief economist warns of too-low inflation if rates stay high

Philip Lane points to dangers of borrowing costs that remain ‘too high for too long’

Financial Times - 2d

China's imports post surprise growth in December; exports beat expectations as higher tariffs loom

Economists are expecting exports to make a notable boost to China's economic growth last year when the figures are released later this week.

CNBC - 3d

Poland backs Trump on raising Nato spending to 5% of GDP

Warsaw is closest to reaching new target, but laggards will take ‘decade’, says Polish defence minister

Financial Times - 4d

Yoon Suk Yeol to miss start of South Korea impeachment trial on safety grounds

Lawyer for suspended president says concerns about ‘potential incidents’ have arisen following thwarted attempt to arrest him at his residence. Inside the ‘fortress’ where South Korea’s impeached ...

The Guardian - 4d

Kyle Walker asks to leave Manchester City in search of a move abroad

England defender left out of FA Cup win over Salford ‘Kyle asked to explore options’; Milan interested Kyle Walker has asked to explore the possibility of a move abroad, a decision potentially ...

The Guardian - 4d

Private equity in 401(k) plans? ‘Highly risky’ for the average investor.

The private-equity industry wants more access to retirement accounts.

MarketWatch - 4d

South Korea air crash recorders missing final four minutes

The last four minutes of data before the disaster which killed 179 people are missing, transport authorities say.

BBC News - 4d

Jeju Air ‘black box’ data missing from last 4 minutes before crash, South Korea ministry says

The flight data and cockpit voice recorders on the Jeju Air jet that crashed on Dec. 29 stopped recording about four minutes before the airliner hit a concrete structure at South Korea’s Muan ...

NBC News - 4d

Surprising December jobs growth is denting chances of a first-half Fed rate cut

Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...

MarketWatch - 5d

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. - 5d

Strong December job growth could augur fewer Fed interest-rate cuts

Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.

CBS News - 5d

California fires weather forecast: Red flag warning to end Friday night

Strong Santa Ana winds are hitting fire-ravaged Los Angeles on Friday morning, but the winds will relax later in the day and the red flag warning will end Friday night.

ABC News - 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 - 6d

Full NFL playoff picks with one surprise team in Super Bowl, plus franchises most likely to pull off an upset

Here's everything you need to know about the NFL for Jan. 9

CBS Sports - 6d

A highly musical movie year

Never in Academy Awards history have so many women from musicals been likely Oscar nominees in a single year.

Los Angeles Times - 6d

Wildfire destruction is highly personal for some reporting on it

With much of the Pacific Palisades neighborhood of Los Angeles destroyed by a wildfire, NBC News' Jacob Soboroff surveys the destruction of the place where he grew up, including his childhood home.

NBC News - Jan. 9

North Korea learning from fighting with Russia against Ukraine, US warns

Diplomatic and military ties with Moscow making Pyongyang ‘more capable of waging war’, official says. North Korea is benefiting from its troops fighting alongside Russia against Ukraine, gaining ...

The Guardian - Jan. 8

Xi Jinping Muzzles Chinese Economist Who Dared to Doubt GDP Numbers

Gao Shanwen questioned Beijing’s ability to boost its economy as threats loom from a property meltdown and burgeoning debt.

The Wall Street Journal - Jan. 8

Samsung Expects Further Profit Growth Slowdown, Missing Estimates

The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.

The Wall Street Journal - Jan. 7

The latest forecast covering the UK

BBC weather presenter Darren Bett has the latest UK forecast for Tuesday.

BBC News - Jan. 7

How Trump’s Mass Deportation Plans Could Reverse GDP Growth

Estimates of the effects of the president-elect’s plan to expel millions of undocumented workers are colored by politics, but detailed studies warn of major labor disruption, spiking business ...

Inc. - Jan. 7

Next warns of ‘anaemic’ growth after UK Budget tax increases

Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economy

Financial Times - Jan. 7

Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances

Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global market growth this year.

CNBC - Jan. 7

Indian investors rush into highly valued defence stocks

Asset managers have launched specialist funds as push for domestic armaments sends share prices soaring

Financial Times - Jan. 7

ECB has been too slow to cut rates, Eurozone economists warn

Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’

Financial Times - Jan. 5

PGA Tour moves toward changes to FedEx Cup finale. Finding a solution everyone likes won't be easy

Commissioner Jay Monahan wasn’t kidding when he told the PGA Tour staff in his year-end message that everything was on the table

ABC News - Jan. 4

Hospital flu cases rising at 'very concerning' rate, NHS England warns

The number of people with flu in hospital has quadrupled in the last month, the latest data shows.

BBC News - Jan. 3

Report: Teams eyeing Fox trade believe offseason move more likely

The NBA teams who could have interest in a potential trade for star Sacramento Kings guard De'Aaron Fox believe a move is more likely to happen in the offseason.

Yahoo Sports - Jan. 2

FirstFT: Trump’s protectionist policies will hurt global growth, economists warn

Also in today’s newsletter, ‘terrorism’ in New Orleans and the business trends to watch in 2025

Financial Times - 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

Packers CB Jaire Alexander has surgery on right knee, will likely miss remainder of 2024 season

Alexander tore the PCL in his right knee during Week 8. The Packers hope he could return if they make it to the Super Bowl.

Yahoo Sports - Jan. 1

Latest in Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts

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