Latest in China’s yuan hits 16 month low amid fears over Trump tariffs
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Tariff threat looms over the year's biggest electronics show
Tech companies big and small are offering bold visions of AI-backed products that could be headed into our everyday lives soon. Unless tariffs trip them up.NBC News - 49m -
Amid fears about Hollywood's future, L.A. approves $1-billion Television City project
The debate over the project has played out amid a downturn in the region's entertainment industry, with studios taking their film and television productions elsewhere.Los Angeles Times - 20h -
Mexico's president hits back at Trump over 'Gulf of America': 'We're going to call it Mexican America'
Mexican President Claudia Sheinbaum dove into President-elect Trump’s chatter of geopolitical rearrangement Wednesday, proposing a name change for North America in response to Trump’s musings about ...The Hill - 3h -
Jobless claims fall to a nearly one-year low as Trump set to take office
The number of people who applied for unemployment benefits in the first week of the new year fell to an 11-month low, the latest sign layoffs remain extremely low even as businesses cut back on ...MarketWatch - 7h -
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 - 12h -
India confirms first HMPV cases amid surge in China
India confirmed its first cases of human metapneumovirus (HMPV) infections in children, with a total of seven cases reported as of Tuesday. The cases were reported in Bengaluru, Nagpur, Tamil Nadu ...The Hill - 23h -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - 1d -
EIB fears ‘reputational disaster’ over revised EU green reporting
Internal memo reveals multilateral lender’s fear that new rules will put its climate credentials at riskFinancial Times - 1d -
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...The Hill - 1d -
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Trump: Washington Post report on tariff policy 'wrong'
President-elect Trump is denying a report in The Washington Post that outlines how his top aides are exploring a tariff plan that would only cover critical imports. The Post report cites three ...The Hill - 2d -
Trump reportedly considering important alteration to tariff plans
President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact.CNBC - 2d -
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 - 2d -
Trump’s tariff policy claims its first victim with Trudeau resignation
President-elect Donald Trump’s tariff policy has claimed its first victim before the president even returned to office.MarketWatch - 2d -
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Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - 2d -
Danish king changes coat of arms amid row with Trump over Greenland
Design shows intent to keep control of Faroe Islands and Greenland – which Trump says he would like the US to buy. The Danish king has shocked some historians by changing the royal coat of arms to ...The Guardian - 2d -
Dollar drops on reports Trump will scale back tariff plans
Shares in European carmakers rally on hopes new US administration targets only critical importsFinancial Times - 2d -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - 2d -
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - 3d -
Assad’s fall is an opportunity for a US win over China
Trump may believe that Syria is “not our fight,” but the competition with China is very much ours and will undoubtedly be a focus of his administration.The Hill - 3d -
From Trump tariffs to AI: the big economic questions facing governments in 2025
The main issues confronting policymakers around the world seem particularly portentous this new year. January is always a time for new beginnings and fresh thinking. But with Donald Trump heading ...The Guardian - 3d -
39-year-old's cannabis business brings in $800,000 a month—16 years after he went to prison for selling drugs
In 2023, Coss Marte opened the first adult-use cannabis dispensary on Manhattan's Lower East Side — the same neighborhood where he once sold drugs illegally.CNBC - 4d -
US homebuilder shares slide on fears of higher rates and Trump tariffs
Threat of rising costs brings post-pandemic rally to a haltFinancial Times - 4d -
Economists Fear Trump’s Tariff Policies Will Harm U.S. Growth
A new survey finds a majority of economists fear protectionist plans by the President-elect will spark inflation and eventually undermine U.S. economic expansion.Inc. - 5d -
Covid surges across US after holidays amid low booster uptake
Test positivity, emergency room visits, hospitalizations and deaths are increasing as expert warns: ‘It’s still dangerous’. . Covid is once again surging across the US after an unusual relative ...The Guardian - 5d -
Sabres Hit New Low In Latest Epic Collapse
The Sabres suffered another ugly loss, this time to the Avalanche.Yahoo Sports - 5d -
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 - 5d -
Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.The New York Times - 5d -
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 - 6d -
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 - 6d -
Wholesale gas price hits highest level in 14 months after Russian supplies stop
Transit agreement with Ukraine expires as storage supply levels in Europe fall at fastest rate since 2021. Business live – latest updates The wholesale price of gas has risen to its highest ...The Guardian - 6d -
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 - 6d -
Mexico, Betting Trump Is Bluffing on Tariffs, Sees an Opportunity
Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.The New York Times - 6d -
25 for 2025: unmissable sporting events over the next 12 months
This year features two Ashes series, a Lions tour to Australia and the 2025 Euros. Novak Djokovic will be aiming to begin the new year by doing something he failed to do throughout 2024 – win a ...The Guardian - Jan. 1 -
Trump tariffs threaten pharmaceuticals
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump tariffs could upend pharma supply chain The hefty tariffs President-elect ...The Hill - Dec. 31