Latest in Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
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Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - 4h -
Home price growth has slowed. But high costs, economic worries have some buyers retreating
High prices and economic uncertainty are factors pulling homebuyers back out of the housing market, experts say.CNBC - 4d -
Stocks tumble as Walmart sales growth forecast disappoints
Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.NBC News - 4d -
Bitcoin drops to lowest since November as struggle into the new year continues for cryptocurrencies.
Bitcoin and other cryptocurrencies were under fresh pressure on Tuesday,MarketWatch - 1h -
As consumer delinquencies rise, U.S. economic growth increasingly powered by the wealthy
Most official data continues to show the U.S. economy is humming along, with unemployment historically low and inflation expectations still relatively stable.NBC News - 2d -
Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Walmart is coming off a tough week after delivering a slowing profit growth forecast.CNBC - 2d -
Dow drops 700 points for worst day of 2025 so far on new fears about economic growth
Stocks sold off on Friday as new U.S. data sparked concern among investors over a slowing economy and sticky inflation, leading them in search of safer assets.NBC News - 3d -
S&P 500 and Dow slide in worst day of 2025 amid economic worries
Stocks fell sharply after reports signaled concerns that President Trump's policies could be impacting the U.S. economy.CBS News - 3d -
Major Asia bank to cut 4,000 roles as AI replaces humans
It makes DBS one of the first major banks to offer details on how AI will affect its operations.BBC News - 6h -
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.The New York Times - 5d -
ECB faces risk of ‘sleepwalking’ into too many rate cuts, says top official
Rate-setters need to stand ready to pause further monetary easing, Belgian central bank governor saysFinancial Times - 1d -
NOAA set to slash jobs 'imminently'
Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) “imminently,” a source with knowledge told The Hill. The person, who asked to speak anonymously due to fear of ...The Hill - 3d -
Jury selection begins in trial of 2022 Highland Park parade shooting suspect
Jury selection is underway in the trial of a man accused of shooting and killing seven people and wounding dozens more after he opened fire on a Fourth of July 2022 parade in Illinois. Prosecutors ...CBS News - 7h -
Trump trade overhaul clouds China’s shipping forecast
US president’s proposed new fees risk higher costs for companies, consumers and a struggling global trade systemFinancial Times - 18h -
William at his lowest after Kate's diagnosis, says ex-aide
Jason Knauf says the Prince of Wales was deeply affected by the Princess of Wales's cancer diagnosis.BBC News - 1d -
EastEnders gets ratings bump for 'flawless' live episode
The show, which saw viewers vote for two storylines for the first time, received praise from critics.BBC News - 3d -
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Economic partnership will protect the Ukrainian people and the US taxpayer
Trump’s bold international leadership aligns interests and benefits allFinancial Times - 2d -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - 2d -
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Satellite rivalries are politicising the world’s economic plumbing
Governments are increasingly wary of relying on foreign communication systemsFinancial Times - 21h -
Reject the quiet life — there is no growth without competition
The UK government should learn from the sorry history of cartels and monopoliesFinancial Times - 19h -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - 4d -
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Starbucks Slashes 1,100 Corporate Jobs as Chain Pushes Turnaround Effort
The coffee chain has shuffled senior leadership, trimmed its menu, and is doing non-barista layoffs as it seeks to return to a growth trajectory.Inc. - 18h -
Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.CNBC - 4d -
Balatro's Confusing Rating Finally Changed, Leads To Europe Changing How It Rates Gambling Games
The PEGI board has announced that it has reversed its decision to classify Balatro with a PEGI 18 rating and will instead have a PEGI 12 rating. The game has a E10+ rating in North America, making ...GameSpot - 17h -
Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze
The company’s earnings forecast for the fiscal year fell below analysts’ expectations.Inc. - 4d -
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Weather forecasting takes big step forward with Europe’s new AI system
Predictions for up to 15 days ahead expected to improve tracking of extreme eventsFinancial Times - 10h -
Hims & Hers offers upbeat forecast, but stock slides after hours
Telehealth and wellness platform Hims & Hers on Monday offered a revenue outlook for the year ahead that topped Wall Street’s expectations, but shares fell hard in after-hours trading, in an echo ...MarketWatch - 8h -
Smith 'not worried' by absence of pace trio against England
Australia's stand-in captain Steve Smith says he is "not worried" about the absence of his three key fast bowlers for their Champions Trophy opener against England.BBC News - 3d -
These 3 healthcare stories are spooking investors. But they shouldn’t worry.
Rumors of cuts to Medicare Advantage and a new Justice Department probe of UnitedHealth have investors focused on the wrong things, one analyst says.MarketWatch - 10h -
Can UK banks stay the course on their climate pledges?
Lenders warn that slow government action may force a rethinkFinancial Times - 22h -
Bank accounts for $20B climate program frozen
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Bank accounts for $20B climate program frozen The bank accounts of nonprofits administering a $20 ...The Hill - 11h -
Apple unveils a souped-up and more expensive version of its lowest-priced iPhone
Apple has released a sleeker and more expensive version of its lowest priced iPhone in an attempt to widen the audience for a bundle of artificial intelligence technology that the company has been ...ABC News - 5d -
South Korea's Yoon is in court for a hearing in his criminal trial
South Korean President Yoon Suk Yeol is in court for a hearing where his lawyers are contesting his arrest on a criminal charge alleging he was orchestrating a rebellion when he imposed martial lawABC News - 5d -
Trump removes Ice chief amid apparent frustration over rate of deportations
Caleb Vitello reassigned as administration reportedly unhappy at slow rate of arrests and deportations. Donald Trump’s presidential administration has reassigned its top official at US Immigration ...The Guardian - 3d -
Trump holds 52 percent approval rating after first month in office
President Trump holds a 52 percent approval rating in after his first month back in the Oval Office, polling shows. A Harvard CAPS/Harris survey found that 33 percent strongly approved of the ...The Hill - 15h