China's Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
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Taiwan is selling more to the US than China in major shift away from Beijing
Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United StatesABC News - Tech - China -
Global Economy Will Grow More Than Expected, U.N. Report Says
An update to January forecasts suggests the world's economic growth rate will hit 2.7 percent in 2024, thanks to a better U.S. outlook and improved prospects for some larger emerging economies.Inc. - Business -
Why Biden’s China tariffs are more bark than bite
Also in today’s newsletter, how another Trump administration could reshape the energy outlookFinancial Times - World - China -
Neuroscience Says 6 to 10 Minutes a Day Can Make You Smarter, More Focused, and Even Increase the Size of Your Brain
Surprisingly, one study shows that even two minutes of this type of activity provides clear cognitive benefits.Inc. - Business -
Natural Gas Up Amid Lower-Than-Expected Inventory Build
Natural gas prices rose for a second consecutive day as U.S. storage grew less than expected.The Wall Street Journal - World -
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.The Wall Street Journal - World -
Will Pizza Hut’s new burger sell better than McDonald’s pizza did?
A look at the challenges restaurants can face when stepping outside their comfort zones.MarketWatch - Business -
China's consumption and investment slowed in April, while industrial output beat expectations.
China’s consumption and investment slowed in April, while industrial output beat expectations.The Wall Street Journal - World - China -
An ultimatum raises pressure on Netanyahu to make postwar plans for Gaza
Pressure is coming from his own War Cabinet and his country’s closest ally.ABC News - World -
Abnormally hot summer even more likely in latest NOAA forecast: Here's where
New predictions for the summer season, released by NOAA's Climate Prediction Center this week, show weather is likely to heat up in almost every corner of the United States.The Hill - Politics -
The 401(k)’s success has been overlooked and it will continue to help even more Americans
The 401(k) of 2024 is nothing like the 401(k) of 1984MarketWatch - Business -
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Dollar rally falters as falling inflation raises hopes of rate cuts
US currency on track for first negative month of the year after end to months of above-forecast CPI dataFinancial Times - Business -
‘More than capable’: Taylor backs City’s scoring ability for WSL decider
‘They can score three or four in five or six minutes’Manchester City manager upbeat before Villa showdownGareth Taylor has backed his side to score enough goals to overhaul Chelsea on the final day of the Women’s Super League season. Manchester ...The Guardian - World -
Messi wages, $20.4M, more than 25 MLS payrolls
Inter Miami forward Lionel Messi is Major League Soccer's highest paid player with a total guaranteed compensation of $20.44m.ESPN - Sports - MLS -
German Bunds Seen More Attractive Than U.S. Treasurys in Near Term
German Bunds look to offer more value versus Treasurys during the countdown to ECB interest-rate cuts, but major rallies in Bunds are unlikely, Societe Generale said.The Wall Street Journal - World - Germany -
Get the Chrome Bodum French press for more than 50% off
You can only find this Bodum Memorial Day coffee maker deal on Amazon.CBS News - Top stories -
Parents overestimate sons’ maths skills more than daughters’, study finds
Gender stereotypes at home may hamper female students’ ability to progress in the classroom, research suggests. Parents are more likely to overestimate maths ability in sons than daughters, according to research that suggests that gender ...The Guardian - World -
Just one company sells Chinese-made EVs in the U.S. Here’s how it’s navigating Biden’s new tariffs.
Analysts emphasize that Sweden-based Polestar had been moving away from having its electric vehicles made in China before this month’s news about U.S. tariffs.MarketWatch - Business -
Does Staging Your House Really Help It Sell for More Money?
Demand for home stagers is rising—and so are prices.The Wall Street Journal - World -
Trump trial takes break for Barron's graduation, Cohen expected back on stand Monday
Donald Trump's criminal trial is taking a break Friday so the former president can attend his son Barron's high school graduation. When the trial resumes Monday, Trump's former personal lawyer Michael Cohen is expected to resume testimony. ...CBS News - Top stories - Donald Trump -
Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
Japanese automaker Honda is reaffirming its commitment to electric vehicles, investing 10 trillion yen, or $65 billion, through fiscal 2031ABC News - Tech - China -
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Teslas are cheaper than ever. Here’s how Biden’s China tariffs will affect costs.
The Biden administration this week slapped stiff tariffs on Chinese electric vehicles, as well as batteries and battery parts from China.MarketWatch - Business - China