Latest in China Pledges More Stimulus to Shore Up Flagging Economy
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Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Biden says 'Africa is the future' as he pledges millions more on the last day of Angola visit
President Joe Biden has pledged another $600 million for an ambitious multi-country rail project in Africa as one of the final foreign policy moves of his administrationABC News - Dec. 4 -
Italy's Meloni and Hungary's Orbán pledge deeper cooperation on migration and Ukraine
Italy’s Premier Giorgia Meloni has met her Hungarian counterpart Viktor Orbán in Rome, where the two discussed the situation in the Middle East, their support for a just and lasting peace in ...ABC News - Dec. 4 -
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Starmer refuses to repeat Labour’s G7 growth pledge
Prime minister will set new target on Thursday, as he courts investment during Qatari visit to BritainFinancial Times - Dec. 4 -
GM expects more than $5 billion impact from China restructuring, including plant closures
General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion in noncash charges and write-downs.CNBC - Dec. 4 -
GM takes more than $5bn charge against China businesses
Move lays bare declining future in what was once the US carmaker’s largest marketFinancial Times - Dec. 4 -
Economy cools off after election, ISM finds. Businesses anxious about Trump’s economic plans.
Service-oriented companies in the U.S. grew in November at the slowest pace in three months, reflecting uncertainty about how the incoming Trump administration will affect the economy.MarketWatch - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
How Bangladesh’s Economy Was Siphoned Dry
Bangladesh’s currency was battered by what the new head of the central bank says was the looting of the banks under the deposed prime minister.The New York Times - Dec. 4 -
Championship Weekend College Football Playoff Reaction & how to address flag planting
Heading into Conference Championship Weekend, Dan Wetzel, Ross Dellenger and SI's Pat Forde react to the latest College Football Playoff Rankings. They discuss the surprising move of Alabama ...Yahoo Sports - Dec. 4 -
China’s ties with Saudi Arabia buoyed by green tech
Warming relations between Xi Jinping and Saudi crown prince complicate outlook for Trump administrationFinancial Times - Dec. 4 -
Western businesses in China hold on to hopes for Trump 2.0
Some believe the incoming US president is in a strong position to negotiate a trade deal with BeijingFinancial Times - Dec. 4 -
China bars some mineral exports to US
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story China bars some mineral exports to US China has banned exports of some rare minerals to the ...The Hill - Dec. 3 -
10 years and $42 million later, Jersey Shore town ends battle over its eroding beaches
NORTH WILDWOOD, N.J. (AP) — A New Jersey resort community that has lived in fear of being wiped out by the next big storm voted Tuesday to end a decadelong battle with the state over the condition ...Yahoo Sports - Dec. 3 -
China Announces a Ban on Rare Minerals to the U.S.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.The New York Times - Dec. 3 -
Al-Shaair’s hit on Lawrence, Eagles win battle of the birds & college football flag planting | McCoy & Van Noy
In this episode of McCoy & Van Noy, Gerald McCoy and Kyle Van Noy break down the biggest NFL stories from Week 13. They dive into Azeez Al-Shaair’s hit on Trevor Lawrence that resulted in a ...Yahoo Sports - Dec. 3 -
China retaliates against latest US chip restrictions
Beijing bans export of materials used in semiconductors and batteriesFinancial Times - Dec. 3 -
Baker Mayfield weighs in on flag planting across college football: 'You take your L and you move on'
Multiple college football games ended with flag planting this past weekendCBS Sports - Dec. 3 -
Pakistan's Reliance on Chinese-Built Power Plants Is Strangling Its Economy
Pakistan turned to Beijing to solve a crippling energy shortage. Now, the country is crushed by debt and sky-high energy prices—and its economy is spiraling.The Wall Street Journal - Dec. 3 -
U.S. Steel shares drop on Trump’s pledge to block Nippon Steel takeover
U.S. Steel Corp. shares fell 7% in Tuesday’s pre-market trading session after President-elect Donald Trump pledged to block Nippon Steel’s plans to acquire the 123-year-old Pittsburgh-headquartered ...MarketWatch - Dec. 3 -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
Trump reportedly jokes Canada could be 51st U.S. state if tariffs wreck economy
Trump outlined his plans to place 25% tariffs on all Canadian goods imported into the U.S., in a meeting with Trudeau at Mar-a-LagoMarketWatch - Dec. 3 -
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Why America’s economy is soaring ahead of its rivals
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?Financial Times - Dec. 3 -
An extraordinary global economy will require extraordinary agility
Policymakers need to adjust their approaches including through pre-emptive negotiations with the incoming US administrationFinancial Times - Dec. 3 -
Chip war ramps up with new US semiconductor restrictions on China
Biden administration broadens limits on Chinese access to advanced microchip technology, with Donald Trump expected to go even further . The US has announced new export restrictions targeting ...The Guardian - Dec. 3 -
College football brawls after controversial flag moves
Several players for some popular college football teams around the U.S. took to fighting as a controversial flag move grows in popularity. USA TODAY's Dan Wolken joins CBS News with more on the ...CBS News - Dec. 2 -
Russia and Iran Pledge Support for Syria’s al-Assad Against Advancing Rebels
In just a few days, a patchwork of rebel forces has seized control of a broad stretch of land in the west and northwest of Syria. But it’s unclear just how much support Syria’s weakened allies can ...The New York Times - Dec. 2 -
How Chairish Made the Circular Economy Work for Secondhand Furniture
The home furnishings marketplace has nailed the formula for scalability in a tricky category.Inc. - Dec. 2 -
German chancellor Olaf Scholz pledges €650m in military aid to Ukraine on Kyiv visit
Scholz said Germany was ‘strongest supporter of Ukraine in Europe’ and promised speedy arms deliveries. Olaf Scholz has met the Ukrainian president, Volodymyr Zelenskyy, in an unannounced visit to ...The Guardian - Dec. 2 -
Snowball Derby at Five Flags Speedway: Entry list, live stream, more for prestigious short track event in 2024
When every short track season begins in the United States, the one event most competitors prioritize takes place at the end of the year: the prestigious Snowball Derby at Five Flags Speedway in ...Yahoo Sports - Dec. 2
