Latest in China PMI surprises as factory activity contracts in January; December industrial profits jump
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The Madcap Rise of Memecoin Factory Pump.Fun
Pump.Fun raked in hundreds of millions of dollars in its first year in operation. Despite some growing pains, its creators say this is just the beginning.Wired - Jan. 15 -
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 - Jan. 13 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
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 - Jan. 12 -
Almanac: January 12
"Sunday Morning" looks back at historical events on this date.CBS News - Jan. 12 -
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Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
The U.S. Treasury Department is targeting more than 180 Russian tankers.CNBC - Jan. 10 -
U.S. Employers Add 256,000 Jobs in December
A December gain of 256,000 blew past forecasts, and unemployment fell to 4.2 percent. But markets recoiled as interest rate cuts seemed more distant.The New York Times - Jan. 10 -
Here’s where the jobs are for December 2024 – in one chart
December's job report marked another month of stronger-than-expected growth, with gains coming in many different areas of the U.S. economy.CNBC - Jan. 10 -
The Most-Downloaded PS5 Games Of December 2024
Sony has shared the most-downloaded PlayStation 5 games of December 2024, and to no one's surprise, Call of Duty: Black Ops 6 once again retains its stranglehold on the No. 1 slot. It's simply ...GameSpot - Jan. 10 -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 10 -
US adds whopping 256K jobs in December
The U.S. added 256,000 jobs and the unemployment rate ticked down to 4.1 percent in December, according to data released Friday by the Labor Department. The December jobs report showed the U.S. ...The Hill - Jan. 10 -
December jobs report expected to show hiring slowdown
The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...CBS News - Jan. 10 -
Emma Raducanu bitten by jumping ants
Emma Raducanu has become the latest victim of Australia’s famously hostile wildlife – although it was not spiders or snakes in her case, but rather “jumping ants”.Yahoo Sports - Jan. 10 -
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 - Jan. 9 -
Buildings gutted in Altadena as Eaton Fire remains active
Cars, businesses and homes are gutted in Altadena, California, as the Eaton Fire continues to spread. CBS News Los Angeles' Joy Benedict reports.CBS News - Jan. 8 -
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 - Jan. 7 -
Aledia unveils $200M microLED factory for AR displays
Aledia unveiled its microLED factory and a $200 million production line to make augmented reality displays.VentureBeat - Jan. 7 -
Why China’s industrial giants won’t be damaged by latest US blacklisting
Being placed on the Chinese military blacklist does not carry specific penalties or immediate bansFinancial Times - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
UK house prices dipped in December, says Halifax
Decline is first for nine months although prices still 3.3% above last yearFinancial Times - Jan. 7 -
December sales provide little cheer for retailers
Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.BBC News - Jan. 7 -
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Forklifts Hurt Thousands of Workers Each Year. Factories Are Seeking Alternatives.
Companies say the demand for autonomous versions is growing.The Wall Street Journal - Jan. 5 -
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Cramer's week ahead: nonfarm payrolls, PMI and earnings from Albertsons
CNBC's Jim Cramer on Friday walked investors through next week's market action.CNBC - Jan. 3 -
No progress on Liverpool contract - Salah
Liverpool forward Mohamed Salah says there has been no progress on extending his contract - and a breakthrough is "far away".BBC News - Jan. 3 -
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Active-duty US Army Green Beret identified as Cybertruck suspect
Law enforcement officials say they have identified the primary suspect in the Cybertruck explosion in Las Vegas on New Year's Day as a highly decorated active duty Army soldier who was on approved ...NBC News - Jan. 3 -
Shops offered grottos and wine to combat 'drab' December
Small businesses are offering incentives to entice customers as consumer confidence remains low.BBC News - Jan. 3 -
Boeing Adds More Surprise Quality Checks in Its Factories
The jet manufacturer outlines more than a dozen steps it has taken in recent months to address concerns about production issues.The Wall Street Journal - Jan. 3 -
Two dead after plane hits factory roof near LA
Police say that 18 people were also injured during the incident in Fullerton, California.BBC News - Jan. 3 -
Magic monkey tale inspires China’s gaming industry to seek blockbuster success
As Beijing eases regulations, developers are tooling up to produce big-budget titles with international appealFinancial Times - Jan. 3 -
British factories suffer winter chill as government ‘dampens confidence’ – business live
Live, rolling coverage of business, economics and financial markets as 2025 starts with trepidation over new US administration’s trade policies, and global manufacturing sector struggles. Nine out ...The Guardian - Jan. 2 -
POWER Digest [January 2025]
Yahoo News - Jan. 2 -
Industrial policy must be practical not performative
New structures and pronouncements mean little unless business takes them seriously — there is no appetite for talking shopsFinancial Times - Jan. 2
![POWER Digest [January 2025]](https://media.zenfs.com/en/power_magazine_984/2ad6cbcb8012efd4a7fd1cf4fcb63695)