Latest in China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
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US imposes export controls on chips for AI to counter China
US semiconductor industry warns move will aid competitorsFinancial Times - 5h -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - 16h -
China's Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts
The country’s economy is increasingly reliant on foreign demand for goods pouring out of Chinese factories.The Wall Street Journal - 16h -
Flyers beat Ducks 6-0 in Cutter Gauthier's first visit to Philadelphia since being traded
Sam Ersson made 22 saves for his second shutout of the season and the Philadelphia Flyers beat Anaheim 6-0 on Saturday night in Cutter Gauthier’s first visit to Philadelphia since being traded to ...ABC News - 1d -
China’s trade surplus hits annual record of almost $1tn
Rise in exports expected to increase tensions with US and other trade partnersFinancial Times - 10h -
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 - 14h -
China’s Trade Surplus Reaches Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.The New York Times - 15h -
Jack Smith resigns from DOJ amid fight over Trump reports
Special Counsel Jack Smith formally resigned from the Department of Justice (DOJ) on Friday, a detail buried in a court filing as DOJ pushes to release his final report on his investigation into ...The Hill - 1d -
Hyundai unveils new electric SUV amid uncertainty
It's an uncertain time in the electric vehicle market, but Hyundai Motors is preparing to release a highly anticipated new electric SUV. The company's global CEO opened up about the new vehicle and ...CBS News - 2d -
Threat of Trump tariffs adds to global economic uncertainty, IMF warns
Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the worldFinancial Times - 2d -
Venezuela’s Maduro sworn in amid outrage over alleged fraudulent election
US announces $65m bounty for arrest of president, who has led country since 2013 and failed to prove he won recent vote. Venezuela’s authoritarian president, Nicolás Maduro , has been accused of ...The Guardian - 2d -
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.CNBC - 3d -
At Los Angeles emergency shelters, wildfire evacuees turn to community help amid uncertainty
Emergency shelters have become refuges for many whose lives have been upended by the unprecedented fires that continue to ravage the Los Angeles area.NBC News - 3d -
Uncertainty Over Trump’s EV Policies Clouds 2025 Forecast for Carmakers
Possible tariffs and an end to a $7,500 tax credit are only two factors that could affect automakers’ plans as the new administration assumes power.Inc. - 4d -
How business is bracing for a US-China trade war
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...The Hill - 4d -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - 4d -
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 - 4d -
Export-Import Bank launches initiative to counter China's mineral dominance
The federal government is launching an initiative to support foreign minerals projects that exclude China as part of an effort to bolster U.S. supply chains. The Export-Import Bank (EXIM), a ...The Hill - 5d -
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 - 5d -
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 - 5d -
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 - 6d -
Trump confronts high trade deficits again as he weighs tariffs. But there’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost twice as high as when he first took office as president eight years ago.MarketWatch - 6d -
Demonstrators block a key Pakistan-China trade route over power outages
Officials say hundreds of protesters angered by power outages have blocked a key road in northern PakistanABC News - 6d -
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Snow crab fishing in Alaska returns, but fishermen face uncertainty amid reduced quotas
After a two-year pause, fishermen are once again allowed to catch snow crab off the waters of Alaska. The problem that led to the pause wasn't limited to snow crabs, and the solution hopes to help ...CBS News - 6d -
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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 -
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 - Jan. 6 -
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 - Jan. 6 -
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 - Jan. 5 -
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How Georgia and Notre Dame handled tragedy, uncertainty and then a football game over 36 hours in New Orleans
In the aftermath of a deadly attack that killed 14 people, officials at the Sugar Bowl, Georgia and Notre Dame dealt with a situation unlike any they had faced before.ESPN - Jan. 3 -
US stocks rally to shake off new year jitters amid light trading
S&P 500 ends day 1.3% higher in its biggest rise since the day after Donald Trump’s election victory on November 6Financial Times - Jan. 3 -
10 wild NBA predictions for 2025: LeBron gets traded, Wemby beats Kobe's 81 | The Kevin O'Connor Show
Goodbye 2024, hello 2025. With the new year only three days into existence, Kevin O'Connor is joined by Yahoo Sports contributor Tom Haberstroh to conjure up ten wild predictions for the remaining ...Yahoo Sports - Jan. 3 -
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 -
Shipowners switch to smaller vessels as world trade reroutes from China
Attacks on Red Sea ships have also hit demand for bulkiest carriersFinancial Times - Jan. 2 -
The EU’s impossible choice on trade and tariffs
Trump’s threat of higher duties on Chinese goods raises the stakes for a union proud of its free-trading instinctsFinancial Times - Jan. 1 -
China's Xi Jinping Nods to 'External Uncertainties' in New Year's Speech
Weeks before Trump takes office, the Chinese leader is seeking to shore up confidence that China’s economy can withstand threats.The Wall Street Journal - Dec. 31