Latest in China’s economy hits 5% growth target but rate among slowest in decades
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U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.The New York Times - Jan. 10 -
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Rumble Among 15 Targets of Texas Attorney General’s Child Privacy Probe
Texas has become a leading enforcer of internet rules. Its latest probe includes some platforms that privacy experts describe as unusual suspects.Wired - Jan. 9 -
VW strains to hit EU emission targets as EV deliveries tumble
Europe’s largest carmaker hurt by greater competition from rivals in ChinaFinancial Times - Jan. 9 -
China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - Jan. 9 -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8 -
Schools bill risks harming decades of progress in England
Changes to system that has driven up teaching standards need to be made with great careFinancial Times - Jan. 8 -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8 -
Wall Street casts doubt on Citi chief Fraser’s bid to hit crucial target
Bank has lagged well behind rivals on important measure of profitabilityFinancial Times - Jan. 8 -
London has the highest birth rates among over-40s. But what’s driving the shift?
Housing costs, career focus and access to IVF has driven people to delay parenthood in the capitalFinancial Times - Jan. 8 -
The Populist Vying to Lead Canada and End a Decade of Liberalism
Pierre Poilievre rode a wave of discontent with Covid-19 policies, putting him on the cusp of becoming prime minister.The Wall Street Journal - Jan. 7 -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - Jan. 7 -
China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...The Guardian - Jan. 6 -
China rips US over sanctions in hacking incidents targeting infrastructure
China slammed the U.S. on Monday for sanctioning a Beijing-based cybersecurity firm allegedly behind a botnet targeting American infrastructure, accusing Washington of “using the issue of ...The Hill - Jan. 6 -
China’s economy still hasn’t fully emerged from the pandemic as a new year dawns
Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.MarketWatch - Jan. 6 -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6 -
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‘Eyewatering’ £100m spent on repairs in Scotland’s ‘ferry fiasco’ over past decade
Government plans for publicly funded operator CalMac have been mired in controversy, with replacement vessels delayed and costs spiralling. Almost £100m has been spent over the past decade on ...The Guardian - Jan. 5 -
Changing alcohol labels could take 'decades': Dr. Marion Nestle
Dr. Marion Nestle called the surgeon general's proposal "absolutely unambiguous" in its phrasing.The Hill - Jan. 4 -
‘It’s buzzing here’: Detroit’s revival takes shape after decades of decay
The tech scene is booming in the US’s largest Black-majority city, with foreign investment and a recent population boost. When the Book Cadillac hotel opened in Detroit a century ago this month, ...The Guardian - Jan. 4 -
5 Employment Law Changes Set to Hit the Workplace in 2025
New legislation and ongoing legal battles mean employers have a lot to keep on top of this year, from pay transparency to workplace safety issues.Inc. - Jan. 3 -
First Superman Lego Set In Over A Decade Is Now Available, And It's Only $15
Lego DC - Superman Mech vs. Lex Luthor (120 Pieces) ...GameSpot - Jan. 3 -
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Almost A Decade Later, Preorders For This 3DS Game Are Being Canceled
Amazon has started canceling preorders for the Nintendo 3DS version of Mighty No. 9, a game that was released almost 10 years ago. Developed by Comcept and former Capcom producer Keiji Inafune, ...GameSpot - Jan. 3 -
5 Ways to Turn Customer Renewal Cycles Into Growth Drivers in 2025
Renewals are not just about auto-renews.Inc. - Jan. 3 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - 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 -
Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.The Wall Street Journal - Jan. 2 -
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 -
Tesla sales declined for first time in a decade
Tesla sales for 2024 declined for the first time in 10 years despite enticing financing offers and low-priced leases. CBS MoneyWarch correspondent Kelly O'Grady has more on the alarming trend. ...CBS News - Jan. 2 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2 -
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.CBS News - Jan. 2 -
‘Safe zone’ among areas targeted as Israeli airstrikes kill at least 43 in Gaza
Director general of Gaza police among 11 reportedly killed in al-Mawasi encampment, designated a civilian safe zone. . Israeli airstrikes killed at least 43 Palestinians across the Gaza Strip on ...The Guardian - 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 -
